Luminar Investor Presentation Deck

FINANCIAL HIGHLIGHTS ● ● COMMENTARY Revenue primarily driven by automotive series production programs, commencing in 2022E This can be broken down into three sources: Base lidar hardware only ADAS proactive safety solution (lidar HW + SW) Highway autonomy solution (lidar HW + SW) - Over 90% of 2025E revenue expected to be from existing partner base Growth driven by development programs transitioning to series production programs or similar agreements Three programs have made this leap with Luminar in 2020 Working with our partners to convert an additional 12 programs to series production over next 24 months (up from 8 in August). ~4 programs reflected in our model, forecasted on weighted probability of occurrence Opportunity to standardize Luminar's technology across an OEM partners' entire production base Increased forward looking order book by 30% for 2020YE from increased volume guidance from existing customers and new agreements REVENUE ($M) Hardware Software $15 2020E $26 2021E $35 $1.0 2022E 2020YE (Aug 2020) $124 +30% 2023E $418 FORWARD LOOKING ORDER BOOK ($BN)¹ $1.3 2024E 2020YE (Nov 2020) $837 ¹ Revised from initial forecast in August 2020; Luminar estimate of forward-looking order book reflects cumulative projected future sales of hardware and software over the life of a program based upon Luminar's estimates of volumes and pricing. 2025E ||| 36

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