Proterra SPAC Presentation Deck

PROTERRA FINANCIALS Commercial Vehicle Electrification Drives Substantial Revenue Growth $750MM+ of Orders and Backlog Creates Near-Term Financial Performance Visibility ¹ 1 Revenue $MM 123 2018A January 2021 181 2019A 193 2020E 246 2021E 439 2022E 838 2023E 1,449 2024E 1. As of September 2020; represents Proterra Transit backlog and Proterra Powered orders signed and under advanced negotiation Note: Refer to Disclaimer on pages 2 and 3 regarding forward-looking statements and use of projections 2,566 2025E PROTERRA CAGR '20E-25E Total Proterra Powered & Energy Proterra Transit 68% 114% 39% 37

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