Arrival Results Presentation Deck

Targeted Microfactory Unit Economics S Low capex relative to industry Production volume = 10,000 vehicles x # of Microfactories 6 months from site readiness to production IN 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 Cash Required Gross Margin per Microfactory / year³ LONG-TERM TARGET 10,000 vans $50m $100m $100m 50% OF ALL ARRIVAL EMPLOYEES LONG TERM COMPENSATION TIED TO GROSS MARGIN AND MICROFACTORY VOLUME TARGETS *

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