Arrival Results Presentation Deck

Q3 Business Update November, 2022 At the end of Q3 we had approximately $330 million of cash and cash equivalents on hand which is not enough capital to ramp up volume production of the L Van in Bicester. In our Q2 financial results, we announced plans to use existing cash on hand of $513 million plus funds available through a $300 million At the Market (ATM) Platform to deliver the first vehicles to UK customers this year, invest in hard tooling and launch the Charlotte microfactory next year Due to the current market cap and average daily trading volumes, the ATM has not allowed us to raise the capital to do what we need to do in the timeframe we want to do it And we were later than expected in delivering upon some of our key objectives At the same time, the introduction of the Inflation Reduction Act tax credits ranging from $7,500 up to $40,000 for commercial electric vehicles, the large market size, plus the anticipated higher margins for commercial vehicles, made the US our most attractive market Private & confidential

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