Arrival Results Presentation Deck

Targeted Microfactory Unit Economics¹ S Low capex relative to industry Production volume = 10,000 vehicles x # of Microfactories 6 months from site readiness to production 7.3 N Production investment = $50M² x # of Microfactories 1) REPRESENTATIVE VAN FACTORY FOR INITIAL TARGET MARKETS (WESTERN EUROPE / NORTH AMERICA) 2) TARGET CAPEX 3) GROSS MARGIN INCLUDING MICROFACTORY OPEX. EXCLUDES MAINTENANCE AND WARRANTIES ILLUSTRATIVE UNIT ECONOMICS FOR VAN MICROFACTORY Production Capacity Capex Required Gross Margin per Microfactory / year³ 50% OF ALL ARRIVAL EMPLOYEES' LONG TERM COMPENSATION TIED TO GROSS MARGIN TARGETS Q4 2021 \ ARRIVAL LONG-TERM TARGET 10,000 vans $50m $100m

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