Arrival SPAC Presentation Deck

ARRIVAL'S NEW METHOD Proprietary composite materials Lightweight and 25x reduced tooling costs Overview Arrival has reinvented the way the auto industry approaches materials Composite tooling goes from CAD data to production in two weeks Used for exterior and interior body panels Allows bespoke panel design for fleet owners Arrival vehicles do not require traditional metal stamping or paint shop techniques that are cumbersome and expensive INVESTOR PRESENTATION Advantages Status O Materials Lightweight proprietary composite materials . Widely available raw materials. and automotive grade Cost ▪ Low cost, light and versatile raw materials with 25x tooling cost reduction Materials used are widely available d Time • Shorter tooling time enables significantly shorter vehicle development program (18 months) Durability ▪ Ultra tough, even at extreme temperatures Reduces the cost of repairs and lowers total cost of ownership Ready for mass production PT Lightweight 31 Automotive-grade composites used. for bodywork CONFIDENTIAL - ARRIVAL SARL

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