X0306 4 2021-06-25 0 0001784168 Electric Last Mile Solutions, Inc. ELMS 0001869016 Adjemian Kevork Tro 1055 W SQUARE LAKE ROAD TROY MI 48098 0 1 0 0 Chief Technical Officer Common Stock 2021-06-25 4 C 0 55044 A 55044 I by KA Trust Convertible Note 2021-06-25 4 C 0 55044 D Common Stock 55044 0 I by KA Trust Shares were issued to the reporting person upon conversion of an aggregate of $500,404.79 in principal and accrued interest under a convertible note owed to the reporting person. The reporting person has sole voting and investment power with respect to the shares of common stock held by the KA Trust. On December 10, 2020, Electric Last Mile, Inc. ("ELM") entered into a $500,000 Convertible Note with KA Trust. The reporting person is the beneficial owner of the Convertible Note issued to KA Trust. Pursuant to the terms of the Convertible Note, upon the closing of the transaction contemplated pursuant to the Agreement and Plan of Merger, dated as of December 10, 2020, by and among Forum Merger III Corporation ("Forum") (upon consummation of the business combination, the surviving "Issuer" is renamed "Electric Last Mile Solutions, Inc."), ELMS Merger Corp., a wholly owned subsidiary of Forum, and ELM, as amended, the Convertible Note will be converted into shares of common stock of Electric Last Mile Solutions, Inc. /s/ Benjamin Wu, attorney-in-fact for Kevork Tro Adjemian 2021-06-29