EX-99.2 3 ea167248ex99-2_faraday.htm INVESTOR PRESENTATION DATED OCTOBER 18, 2022

Exhibit 99.2

Legal Disclaimers C o n f i d e n t i a l i t y a n d B a s i s o f P r e s e n t a t i o n © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 1 T h e i n f o r m a t i o n i n t h i s p r e s e n t a t i o n i s h i g h l y c o n f i d e n t i a l . T h e d i s t r i b u t i o n o f d i s c l o s u r e , r e p r o d u c t i o n o r a l t e r a t i o n o f t h e c o n t e n t s o f t h i s p r e s e n t a t i o n a n d p r o h i b i t e d . T h e r e c i p i e n t o f t h i s p r e s e n t a t i o n s h a l l k e e p t h i s p r e s e n t a t i o n a n d a s e x p r e s s l y a u t h o r i z e d b y F a r a d a y F u t u r e I n t e l l i g e n t E l e c t r i c I n c . ( “ F a r a d a y , ” t h i s p r e s e n t a t i o n b y a n a u t h o r i z e d r e c i p i e n t t o a n y o t h e r p e r s o n i s u n a u t h o r i z e d . A n y p h o t o c o p y i n g , a n y f o r w a r d i n g o f a c o p y o f t h i s p r e s e n t a t i o n o r a n y p o r t i o n o f t h i s p r e s e n t a t i o n t o a n y p e r s o n i s i t s c o n t e n t s c o n f i d e n t i a l , s h a l l n o t u s e t h i s p r e s e n t a t i o n a n d i t s c o n t e n t s f o r a n y p u r p o s e o t h e r t h a n “ F a r a d a y F u t u r e , ” “ F F ” o r t h e “ C o m p a n y ” ) a n d s h a l l b e r e q u i r e d t o r e t u r n o r d e s t r o y a l l c o p i e s o f t h i s p r e s e n t a t i o n o r p o r t i o n s t h e r e o f i n i t s p o s s e s s i o n p r o m p t l y f o l l o w i n g r e q u e s t f o r t h e r e t u r n o r d e s t r u c t i o n o f s u c h c o p i e s . B y a c c e p t i n g d e l i v e r y o f t h i s p r e s e n t a t i o n , t h e r e c i p i e n t i s d e e m e d t o a g r e e t o t h e f o r e g o i n g c o n f i d e n t i a l i t y r e q u i r e m e n t s . T h i s p r e s e n t a t i o n i s p r o v i d e d f o r i n f o r m a t i o n a l p u r p o s e s o n l y a n d h a s b e e n p r e p a r e d t o a s s i s t i n t e r e s t e d p a r t i e s i n m a k i n g t h e i r o w n e v a l u a t i o n w i t h r e s p e c t t o a p r o p o s e d p r i v a t e p l a c e m e n t o f F a r a d a y s e c u r i t i e s ( t h e “ p r o p o s e d p r i v a t e p l a c e m e n t ” ) a n d f o r n o o t h e r p u r p o s e . N o r e p r e s e n t a t i o n s o r w a r r a n t i e s , e x p r e s s o r i m p l i e d , a r e g i v e n i n , o r i n r e s p e c t o f , t h i s p r e s e n t a t i o n . T o t h e f u l l e s t e x t e n t p e r m i t t e d b y l a w , i n n o c i r c u m s t a n c e s w i l l F a r a d a y o r a n y o f i t s s u b s i d i a r i e s , a f f i l i a t e s , r e p r e s e n t a t i v e s , p a r t n e r s , d i r e c t o r s , o f f i c e r s , e m p l o y e e s , a d v i s e r s o r a g e n t s b e r e s p o n s i b l e o r l i a b l e f o r a n y d i r e c t , i n d i r e c t o r c o n s e q u e n t i a l l o s s o r l o s s o f p r o f i t a r i s i n g f r o m t h e u s e c o m m u n i c a t e d i n r e l a t i o n t h e r e t o o r o t h e r w i s e a r i s i n g i n o f t h i s p r e s e n t a t i o n , i t s c o n t e n t s , i t s o m i s s i o n s , r e l i a n c e o n t h e i n f o r m a t i o n c o n t a i n e d w i t h i n i t , o r o n o p i n i o n s c o n n e c t i o n t h e r e w i t h . I n d u s t r y a n d m a r k e t d a t a u s e d i n t h i s p r e s e n t a t i o n h a v e b e e n o b t a i n e d f r o m t h i r d - p a r t y i n d u s t r y p u b l i c a t i o n s a n d s o u r c e s a s w e l l a s f r o m r e s e a r c h r e p o r t s p r e p a r e d f o r o t h e r p u r p o s e s . F a r a d a y h a s n o t i n d e p e n d e n t l y v e r i f i e d t h e d a t a o b t a i n e d f r o m t h e s e s o u r c e s a n d c a n n o t a s s u r e y o u o f t h e d a t a ’ s a c c u r a c y o r c o m p l e t e n e s s . T h i s d a t a i s s u b j e c t t o c h a n g e . I n a d d i t i o n , t h i s p r e s e n t a t i o n d o e s n o t p u r p o r t t o b e a l l - i n c l u s i v e o r t o c o n t a i n a l l o f t h e i n f o r m a t i o n t h a t m a y b e r e q u i r e d t o m a k e a f u l l a n a l y s i s o f F a r a d a y o r t h e p r o p o s e d p r i v a t e p l a c e m e n t . V i e w e r s o f t h i s p r e s e n t a t i o n s h o u l d e a c h m a k e t h e i r o w n e v a l u a t i o n o f F a r a d a y a n d o f t h e r e l e v a n c e a n d a d e q u a c y o f t h e i n f o r m a t i o n a n d s h o u l d m a k e s u c h o t h e r i n v e s t i g a t i o n s a s t h e y d e e m n e c e s s a r y . F o r w a r d L o o k i n g S t a t e m e n t s T h i s p r e s s r e l e a s e i n c l u d e s “ f o r w a r d l o o k i n g s t a t e m e n t s ” w i t h i n t h e m e a n i n g o f t h e s a f e h a r b o r p r o v i s i o n s o f t h e U n i t e d S t a t e s P r i v a t e S e c u r i t i e s L i t i g a t i o n R e f o r m A c t o f 1 9 9 5 . W h e n u s e d i n t h i s p r e s s r e l e a s e , t h e w o r d s “ e s t i m a t e s , ” “ p r o j e c t e d , ” “ e x p e c t s , ” “ a n t i c i p a t e s , ” “ f o r e c a s t s , ” “ p l a n s , ” “ i n t e n d s , “ b e l i e v e s , ” “ s e e k s , ” “ m a y , ” “ w i l l , ” “ s h o u l d , ” “ f u t u r e , ” “ p r o p o s e ” a n d v a r i a t i o n s o f t h e s e w o r d s o r s i m i l a r e x p r e s s i o n s ( o r t h e n e g a t i v e v e r s i o n s o f s u c h w o r d s o r e x p r e s s i o n s ) a r e i n t e n d e d t o i d e n t i f y f o r w a r d l o o k i n g s t a t e m e n t s . T h e s e f o r w a r d l o o k i n g s t a t e m e n t s a r e n o t g u a r a n t e e s o f f u t u r e p e r f o r m a n c e , c o n d i t i o n s o r r e s u l t s , a n d i n v o l v e a n u m b e r o f k n o w n a n d u n k n o w n r i s k s , u n c e r t a i n t i e s , a s s u m p t i o n s a n d o t h e r i m p o r t a n t f a c t o r s , m a n y o f w h i c h a r e o u t s i d e t h e C o m p a n y ’ s c o n t r o l , t h a t c o u l d c a u s e a c t u a l r e s u l t s o r o u t c o m e s t o d i f f e r m a t e r i a l l y f r o m t h o s e d i s c u s s e d i n t h e f o r w a r d l o o k i n g s t a t e m e n t s . I m p o r t a n t f a c t o r s , a m o n g o t h e r s , t h a t m a y a f f e c t a c t u a l r e s u l t s o r o u t c o m e s i n c l u d e t h e C o m p a n y ’ s a b i l i t y t o s a t i s f y t h e c o n d i t i o n s p r e c e d e n t a n d c l o s e o n t h e v a r i o u s f i n a n c i n g s p r e v i o u s l y d i s c l o s e d b y t h e C o m p a n y , t h e f a i l u r e o f a n y w h i c h c o u l d r e s u l t i n t h e C o m p a n y s e e k i n g p r o t e c t i o n u n d e r t h e B a n k r u p t c y C o d e ; t h e s a t i s f a c t i o n o f t h e t h e a d v a n c e a p p r o v a l b y F F T o p a n d S e a s o n S m a r t L i m i t e d o f t h e w a r r a n t s a n d n o t e s i s s u e d t o a f f i l i a t e s o f A T W P a r t n e r s L L C a n d D a g u a n I n t e r n a t i o n a l L i m i t e d ; t h e C o m p a n y t o a g r e e o n d e f i n i t i v e d o c u m e n t s t o e f f e c t u a t e t h e g o v e r n a n c e c h a n g e s w i t h F F T o p ; t h e C o m p a n y ’ s a b i l i t y t o r e m a i n i n c o m p l i a n c e w i t h i t s p u b l i c f i l i n g c o n d i t i o n s t o a b i l i t y o f t h e r e q u i r e m e n t s u n d e r t h e S e c u r i t i e s E x c h a n g e A c t o f 1 9 3 4 , a s a m e n d e d , a n d t h e l i s t i n g r e q u i r e m e n t s o f T h e N a s d a q S t o c k M a r k e t L L C N a s d a q ; t h e o u t c o m e o f t h e S E C i n v e s t i g a t i o n r e l a t i n g t o t h e m a t t e r s t h a t w e r e t h e s u b j e c t o f t h e S p e c i a l C o m m i t t e e i n v e s t i g a t i o n ; d e v e l o p a n d m a r k e t i t s v e h i c l e s a n d t h e t i m i n g o f t h e s e d e v e l o p m e n t p r o g r a m s ; t h e C o m p a n y ’ s e s t i m a t e s o f t h e s i z e o f t h e m a r k e t s t o m a r k e t ; t h e r a t e a n d d e g r e e o f m a r k e t a c c e p t a n c e o f t h e C o m p a n y ’ s v e h i c l e s ; t h e s u c c e s s o f o t h e r c o m p e t i n g m a n u f a c t u r e r s ; t h e ( “ N a s d a q ” ) a n d t o c o n t i n u e t o b e l i s t e d o n t h e C o m p a n y ’ s a b i l i t y t o e x e c u t e o n i t s p l a n s t o f o r i t s v e h i c l e s a n d c o s t t o b r i n g t h o s e v e h i c l e s p e r f o r m a n c e a n d s e c u r i t y o f t h e C o m p a n y ’ s v e h i c l e s ; p o t e n t i a l l i t i g a t i o n i n v o l v i n g t h e C o m p a n y ; t h e r e s u l t o f f u t u r e f i n a n c i n g e f f o r t s a n d g e n e r a l e c o n o m i c a n d m a r k e t c o n d i t i o n s i m p a c t i n g d e m a n d f o r t h e C o m p a n y ’ s p r o d u c t s ; r e c e n t c o s t , h e a d c o u n t a n d s a l a r y r e d u c t i o n a c t i o n s m a y n o t b e s u f f i c i e n t o r m a y n o t a c h i e v e t h e i r e x p e c t e d r e s u l t s ; a n d t h e a b i l i t y o f t h e C o m p a n y t o a t t r a c t a n d r e t a i n e m p l o y e e s i n c l u d i n g a C h i e f F i n a n c i a l O f f i c e r a s w e l l a s a r e p l a c e m e n t a u d i t o r . T h e f o r e g o i n g l i s t o f f a c t o r s i s n o t e x h a u s t i v e . Y o u s h o u l d c a r e f u l l y c o n s i d e r t h e f o r e g o i n g f a c t o r s a n d t h e o t h e r r i s k s a n d u n c e r t a i n t i e s d e s c r i b e d i n t h e “ R i s k F a c t o r s ” s e c t i o n o f t h e C o m p a n y ’ s r e g i s t r a t i o n s t a t e m e n t o n F o r m S 1 / A f i l e d o n O c t o b e r 7 , 2 0 2 2 , a n d o t h e r d o c u m e n t s f i l e d b y t h e C o m p a n y f r o m t i m e t o t i m e w i t h t h e S E C . T h e s e f i l i n g s i d e n t i f y a n d a d d r e s s o t h e r i m p o r t a n t r i s k s a n d u n c e r t a i n t i e s t h a t c o u l d c a u s e a c t u a l e v e n t s a n d r e s u l t s t o d i f f e r m a t e r i a l l y f r o m t h o s e c o n t a i n e d i n t h e f o r w a r d l o o k i n g s t a t e m e n t s . F o r w a r d l o o k i n g s t a t e m e n t s s p e a k o n l y a s o f t h e d a t e t h e y a r e m a d e . R e a d e r s a r e c a u t i o n e d n o t t o p u t u n d u e r e l i a n c e o n f o r w a r d l o o k i n g s t a t e m e n t s , a n d t h e C o m p a n y d o e s n o t u n d e r t a k e a n y o b l i g a t i o n t o u p d a t e o r r e v i s e a n y f o r w a r d l o o k i n g s t a t e m e n t s , w h e t h e r a s a r e s u l t o f n e w i n f o r m a t i o n , f u t u r e e v e n t s o r o t h e r w i s e , e x c e p t a s r e q u i r e d b y l a w . N o O f f e r o r S o l i c i t a t i o n T h i s p r e s e n t a t i o n d o e s n o t c o n s t i t u t e a n o f f e r t o s e l l o r t h e s o l i c i t a t i o n o f a n o f f e r t o b u y a n y s e c u r i t i e s , n o r s h a l l t h e r e b e a n y s a l e o f s e c u r i t i e s i n a n y j u r i s d i c t i o n i n w h i c h s u c h u n d e r t h e s e c u r i t i e s l a w s o f a n y s u c h j u r i s d i c t i o n . T h i s p r e s e n t a t i o n d o e s n o t c o n s t i t u t e e i t h e r o f f e r , s o l i c i t a t i o n o r s a l e w o u l d b e u n l a w f u l p r i o r t o r e g i s t r a t i o n o r q u a l i f i c a t i o n a d v i c e o r a r e c o m m e n d a t i o n r e g a r d i n g a n y s e c u r i t i e s . A n y o f f e r t o s e l l s e c u r i t i e s a n e x e m p t i o n f r o m r e g i s t r a t i o n u n d e r t h e S e c u r i t i e s A c t o f 1 9 3 3 , a s a m e n d e d , f o r w i l l b e m a d e o n l y p u r s u a n t t o a d e f i n i t i v e s u b s c r i p t i o n a g r e e m e n t a n d w i l l b e m a d e i n r e l i a n c e o n o f f e r s a n d s a l e s o f s e c u r i t i e s t h a t d o n o t i n v o l v e a p u b l i c o f f e r i n g . F a r a d a y r e s e r v e s t h e r i g h t t o w i t h d r a w o r a m e n d f o r a n y r e a s o n a n y o f f e r i n g a n d t o r e j e c t a n y s u b s c r i p t i o n a g r e e m e n t f o r a n y r e a s o n . T h e c o m m u n i c a t i o n o f t h i s p r e s e n t a t i o n i s r e s t r i c t e d b y l a w ; i t i s n o t i n t e n d e d f o r d i s t r i b u t i o n t o , o r u s e b y a n y p e r s o n i n , a n y j u r i s d i c t i o n w h e r e s u c h d i s t r i b u t i o n o r u s e w o u l d b e c o n t r a r y t o l o c a l l a w o r r e g u l a t i o n . T r a d e m a r k s T h i s p r e s e n t a t i o n c o n t a i n s t r a d e m a r k s , s e r v i c e m a r k s , t r a d e n a m e s a n d c o p y r i g h t s o f F a r a d a y a n d o t h e r c o m p a n i e s , w h i c h a r e t h e p r o p e r t y o f t h e i r r e s p e c t i v e o w n e r s .

The Future of the Industry Vehicle Electrification is a Given – The Future Will be Electric, Intelligent and Connected Represents a New Species Designed to Reset Expectations for Connected Mobility Legacy ICE Current EVs FF 91 – A New Species © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 2

FF 91 SERIES — First production vehicle and flagship model — Class defining luxury, performance, technology, connectivity and personalized user experience — Certified EPA range of ~381 miles (~613 kilometers) — 3 motor FF 91 Futurist 0 - 60 mph in <2.5 sec FF 81 SERIES — Premium, mass - market electric vehicle — >60% parts commonality with FF 91 — Designed for high volume manufacturing FF 71 SERIES — Mass - market vehicle — Industry - leading connectivity, technology and interior configurations SMART LAST MILE DELIVERY — SLMD (2) is purpose - built for advanced logistics companies — Platform approach allows rapid speed to market Note: All statements shown reflect expected performance / capabilities for production ready vehicles. Actual performance / capabilities may be different. Please see Risk Factors within the Appendix of this presentation, as well as within the Company’s Annual Report on Form 10 - K, Quarterly Reports on Form 10 - Q and the Company S - 1/A filings. Employee headcount as of September 27, 2022. VPA = Variable Platform Architecture SLMD = Smart Last Mile Delivery. (1) (2) Faraday Future: A Story of Perseverance & Progress Product Portfolio: Company Overview: Company History: Founded in 2014 with a unique vision for the future of mobility Headquarters: Los Angeles, CA Global Employees: ~770 employees; ~550 in the US; ~465 global engineers Intellectual Property: Technological and competitive differentiation independently verified by third party consultant research; technology protected through ~650 issued patents Hybrid Manufacturing Strategy: — 1.1 million square foot manufacturing facility in Hanford, CA — Contract manufacturing agreement in South Korea with Myoung Shin — Assessing alternatives for a future Chinese manufacturing presence Dual Home Markets: Deep cultural roots in both US and China provide competitive advantage across two of the largest EV markets Direct Sales Approach: Online with targeted in - person experience centers across target markets such as US, China, Europe, and FF partner stores Built Leveraging the FF VPA Platform (1) © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 3

Situation Overview Faraday Future has a clear line of sight to start of deliveries: Hurdles Cleared x Completed de - SPAC process x Internal investigation complete, findings actively being addressed x Strengthened management, governance and transparency x SEC filings up to date Manufacturing Milestones Completed x Completed installation of pilot equipment in FF pre - production build area x Certificate of Occupancy secured for pre - production manufacturing area x Completed foundation construction for all production areas (body, propulsion, warehouse and vehicle assembly) x Pre - production builds for final engineering validation and certification vehicles underway x Major mechanical, electrical and plumbing system installations started x 90% of production equipment has been delivered to the Hanford factory Remaining Manufacturing Milestones ▪ Complete construction and equipment installation in final vehicle manufacturing areas Faraday Future is seeking to raise additional capital 1 ▪ Funding to provide runway and address incremental capital need resulting from: ― Inflation and industry - wide raw material cost increases ― Tech and product upgrades for FF 91 ― Supply chain re - sourcing to ensure FF 91 competitiveness ― Increased vendor and certification costs (inc. restrictive vendor payment terms) ― Costs stemming from internally driven Special Committee investigation 2 3 ▪ Significant progress on manufacturing milestones at Hanford facility: © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 4

Fully Committed to Delivering the FF 91 This capital raise will help support customer deliveries of the FF 91 ▪ Faraday Future has invested nearly $2.4 billion to build the infrastructure required to execute its business plan ― Vehicles developed through substantial R&D and testing; infrastructure in place for initial production ▪ Production and delivery of the FF 91 will help validate Faraday Future’s technology and drive brand awareness, accelerating execution of the Company's business plan ▪ Opportunity to leverage Variable Platform Architecture and established contract manufacturing relationship to deliver future models, such as the FF 81 to market ▪ Hybrid, capital - efficient manufacturing strategy reduces risk and provides line - of - sight to generation of free cash flow (1) Total investment spend from 2014 through Q1 2022. ▪ Software & hardware development ▪ Engineering costs ▪ Driving continuous innovation Capex ▪ Hanford facility set - up ▪ Equipment & Tooling ▪ Laying the foundation for FF 91 Production Other Functions ▪ Corporate personnel & infrastructure costs ▪ Marketing and other expenses 34% 45% 21% © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 5 Total Investment ~$2.4bn (1)

How Faraday Future Stands Apart • 0 – 60 mph in <2.5 seconds • 1,000+ horsepower • Unrivaled passenger comfort - Industry - leading 60 ƒ recline & leading rear leg room space FF 91: Industry - Leading Performance & Luxury • Immersive rider experience with 27” rear passenger display and 17” front passenger screen • Mobile, high - speed connectivity powered by three 5G modems • Voice first foundation powered by in - house OS • OTA enabled for continuous updates FF 91: Immersive, Connected & Intelligent 1 2 • ~$2.4bn invested since 2014 • Supported by deep technological moat (~650 patents granted to - date) • Foundation for differentiated in - house technology and vehicle capabilities Culmination of ~8 years of Significant R&D and Investment 3 • FF 91 will serve as the flagship model and showcase tech / define the brand • Serves as basis for future mass market vehicles (FF 81 & FF 71) subject to future financing • FF 91 unlocks ~ $ 53 bn TAM, and a potential additional ~ $ 264 bn TAM from mass market models FF 91 Lays the Foundation for Future Platforms 4 • Self - operated Hanford facility nearing completion • Potential for capital - efficient contract manufacturing approach for future mass market models Production and Sales - Ready 5 • Proven management team with decades of industry experience • Strengthened governance and transparency • Current on all required SEC filings Veteran & Tested Leadership Report on Form 10 - K, Quarterly Reports on Form 10 - Q and the Company S - 1/A filings. © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 6 6 Note: All statements shown reflect expected performance / capabilities for production ready vehicles. Actual performance / capabilities may be different. Please see Risk Factors within the Appendix of this presentation, as well as within the Company’s Annual

— Differentiated premium brand positioning — FF products designed for different vehicle segments, sharing common brand DNA — Modern design: styling and interior materials — Superior driving experience: leading power and performance — Personalized user experience: space, comfort and connectivity — FF brand DNA will be established via FF 91 series and carried over to FF 81 and FF 71 series (subject to future financing) — FF has a highly differentiated product offering in its segment A Unique Value Proposition Delivering Differentiated Brand Positioning… (1) Illustrative and not intended to be comprehensive. FF 91 establishes a premium brand with optionality to address multiple vehicle segments through future models 1 Luxurious Racing - Inspired Traditional Brand perception of select premium EV and traditional brands (1) Innovative © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 7

Select FF 91Features — ~381 miles of certified EPA Range (~613 km) — 0 - 60 mph in <2.5 sec (3 motor FF 91 Futurist) — 1,050 hp ( 3 motor configuration) — DC fast - charging capability among industry leaders — All - wheel drive, all - wheel steering and torque vectoring (1) …Driven by Industry - Leading Performance and Luxury — Mobile connectivity powered by three 5G Modems © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 8 © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 8 — NASA - inspired Zero Gravity seats with industry - leading 60 ƒ recline — Over 100” of high - resolution viewing area across 11 displays — Designed to fully comply with US, European and Chinese safety and regulatory standards Note: (1) All statements shown reflect expected performance / capabilities for production ready vehicles. Actual performance / capabilities may be different. Please see Risk Factors within the Appendix of this presentation, as well as within the Company’s Annual Report on Form 10 - K, Quarterly Reports on Form 10 - Q and the Company S - 1/A filings. All - wheel steering and torque vectoring reflect post - launch upgrades. 1

“…The FF 91 promises to be a tech powerhouse and its claim to fame is the sheer amount of digital displays inside the cabin…” - Carbuzz © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 8 © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 9

“The passenger experience is heaven. The back seat is a dream. I don’t need my hotel room, I thought. I can sleep here…” – DIGITAL TRENDS © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 8 © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 10

Built Around Performance and Comfort that Stands Out vs. The Competition Source: Note: Based on passenger car data provided on company websites, auto industry resources (carbuzz, autoweek, cnet, motor authority, EV specifications, Car & Driver) and media releases as of May 18, 2022. All statements shown reflect expected performance / capabilities for production ready vehicles. Actual performance / capabilities may be different. Please see Risk Factors within the Appendix of this presentation, as well as within the Company’s Annual Report on Form 10 - K, Quarterly Reports on Form 10 - Q and the Company S - 1/A filings. 0 to 60 mph (seconds) Horsepower 35.5 37.4 37.6 38.7 39.1 39.3 40.9 49.1 S Maybach 48.9 FF 91 E - TRON 55 QUATTRO Bentayga Range Rover Model S Alpina XB7 Model X Rear Leg Room (inches) Bentayga 7 Series S Maybach Phantom Model S Plaid / X Taycan Rear Seat Recline Angle (degrees) Fixed Fixed NA (1) 27 40 43 43 60 FF 91 Model X Plaid Model X Plaid Air Dream Edition 1,111 FF 91 1,050 1,020 2.5 Air Dream Edition <2.5 FF 91 one of only three consumer EV brands with 1,000+ horsepower FF 91 one of only two consumer EVs with 0 – 60 time <2.5 secs despite weighing ~1k+ lbs more than peers Air Dream Edition Air Dream Edition Unrivaled Comfort Top Tier Performance 1 © 2022 FARADAY FUTURE (1) Stated recline angle for Lucid’s Executive Seats ~55 - degrees, however, reclining capability has yet to be officially released for consumer purposes. 11 PROPRIETARY AND CONFIDENTIAL Est. Curb Weight: 5,282 Est. Curb Weight: 6,314 FF 91 <2.5 Est. Curb Weight: 5,594

Designed from the Ground Up with the Driver Top of Mind — Redefining engagement that identifies user upon approach and reconfigures vehicle preferences and settings — Five driver - specific screens including an ultra - large heads - up display and slim instrument cluster — Reconfigurable 3D touch steering wheel allowing further user configurability — On - screen gesturing with swipe of fingers across Center Information Display for distraction free driving — “Voice first” foundation enabling multiple natural commands at once — Comfort: AC, seat position and doors — Productivity: Text, e - mail and phone calls — Entertainment: Media playlists and content search — Destination: Refined search and navigation — Advanced safety, autonomous driving and parking features (1) (1) FF 91 hardware at start of delivery capable of supporting L3 autonomous driving. © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 12 Revolutionary and Immersive Driving Experience... Note: All statements shown reflect expected performance / capabilities for production ready vehicles. Actual performance / capabilities may be different. Please see Risk Factors within the Appendix of this presentation, as well as within the Company’s Annual Report on Form 10 - K, Quarterly Reports on Form 10 - Q and the Company S - 1/A filings. 2

…Coupled With an Unsurpassed Passenger Experience (3) Super Mobile AP consists of three 5G modems to realize aggregated high Internet speed and great coverage by multi carriers. © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 13 Note: All statements shown reflect expected performance / capabilities for production ready vehicles. Actual performance / capabilities may be different. Please see Risk Factors within the Appendix of this presentation, as well as within the Company’s Annual Report on Form 10 - K, Quarterly Reports on Form 10 - Q and Company S - 1/A filings. FFID is a unique Faraday Future user profile that ensures a consistent experience across the FF Ecosystem, recognizing the user no matter where they are or which FF vehicle they are driving. 60 - degree recline is 16 ƒ more than Mercedes Maybach (current best - in - class). (1) (2) Connected System for the Ultimate Passenger Experience — Facial recognition in each seating position automatically loads passenger FFID (1) profiles and user - specific personal preferences — Individual sound and climate zones to personalize experience — NASA - inspired Zero Gravity seats with industry leading 60 ƒ recline and most leg room in its class (2) — A world of displays, including a 17 " front passenger screen and an immersive 27 " rear passenger display, allowing users to stream their favorite movies, TV shows and live sports while FF 91 is in motion without driver distraction — Mobile connectivity powered by Super Mobile AP (three 5G modems) (3) — Enhanced user experience platform powered by Android and an in - house Operating System (OS) — FF AI supports complex voice commands: “Find me a restaurant near Palo Alto with 5 - star ratings and outdoor seating” 2

~$ 2 . 4 b i l l i o n i n v e st e d t o d a t e a c r o ss d e v e l o p m e n t o f : – S c a l a b l e E V P l a t f o r m – I m m e r s i v e a n d C o n n e c t e d D r i v e r / P a s s e n g e r E x p e r i e n c e – M a n u f a c t u r i n g C a p a b i l i t i e s – M u l t i p l e P r e - P r o d u c t i o n V e h i c l e s – E x t e n s i v e P a t e n t P o r t f o l i o Culmination of Significant R&D and Investment… FF 91 - INTELLIGENT TECHLUXURY Granted FF Patents by Category Camera - based Autonomous Parking enables parking space detection and parking execution Vision - bas ed Lane Entrance Determination assesses parameters and executes lane change ADAS Automatic Door System Body Automatic seamless hands - free entry IntelligentLighting System with animations FFID preferences follows users between seats and vehicles Spa Mode Digital Vehicle Controls UI/UX Multiple Simultaneous Users HW/SW Platform Parallel IGBT (1) power modules forhigh power and efficient inverters Integrated motor, gearbox and inverter Efficientgearbox torque transfer Powertrain Advanced Emergency Brakes Chassis Modular camera mirror assembly Automatic steering wheel adjustment Charging systems Dimmable /adjustablesun visor Design Innovative Platform: — One of the highest power - to - weight ratios across EVs — Keyless entry technology recognizesuser from a distance, opens / unlocks doors and customizes users' seating area using FFID — Voice first user interface with capability to decode complex commands — 1,050 Horsepower with 0 to 60 mph in <2.5 seconds (expected performance) ~650 ~390 ~100 ~13 Robust Patent Portfolio (2) Note: (2) Based on number of patents issued from 2021 10 - K filings for each respective firm. © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 14 *Note: Size of boxes does not reflect relative number of patents per category All statements shown reflect expected performance / capabilities for production ready vehicles. Actual performance / capabilities may be different. Please see Risk Factors within the Appendix of this presentation, as well as within the Company’s Annual Report on Form 10 - K, Quarterly Reports on Form 10 - Q and Company S - 1/A filings. Actual timing for delivery of vehicles subject to timing of and ability to raise targeted capital. IGBT = Insulated - Gate Bipolar Transistor. (1) 3

1 2 3 …Driving Differentiated Technology Position Variable Platform Architecture (VPA) — Provides >60% component carryover — Increased speed to market — Significant cost savings — Ease of scalability — Manufacturing flexibility — Easy servicing capability — Adaptable to multiple models Differentiated In - House Propulsion Technology — High battery pack gravimetric energy density (185 Wh/kg) – State - of - the - art cell - to - pack tech to cell - to - pack technology – 142 kWh battery pack size (one of the largest in the industry) — A leading electric drive system (3.8 kW/kg power - to - weight ratio for rear drive unit) — Patented motor and inverter technology Uncompromising Driving & Passenger Experience — Superior hardware & software supported by Android and in - house OS — Voice first user experience — Adaptive learning through AI — 100”+ of screens, including 27” rear screen — 60 - degrees rear seat recline — Equipped with full 360˚ sensor coverage to support ADAS features when released Sets Foundation for Future Vehicles Yields Uncompromising Power & Range Enables Unprecedented “TechLuxury” Ecosystem Report on Form 10 - K, Quarterly Reports on Form 10 - Q and Company S - 1/A filings. © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 15 Note: All statements shown reflect expected performance / capabilities for production ready vehicles. Actual performance / capabilities may be different. Please see Risk Factors within the Appendix of this presentation, as well as within the Company’s Annual 3

4 FF 91 Will Set the Foundation for our Future Vehicles and Start to Unlock a $300bn+ TAM Note: (1) (2) FF 91 Futurist Alliance Limited Edition vehicles will be priced at $250,000. FF 81 and FF 71 series vehicles subject to future financing. Target pricing as per 2021 10 - K; specific pricing will be refined and finalized closer to the start of delivery for each vehicle. 2025 Global Vehicle TAM calculated based on LMC Automotive global production forecasts for vehicles listed within each competitive set multiplied by the median target pricing per FF vehicle series. Vehicle >60% Parts Commonality FF 91 Futurist FF 91 FF 81 Futurist FF 81 FF 71 Futurist FF 71 Segment E/F Segment D/E Segment C/D Segment Target Pricing (1) From $180,000 From $120,000 From $95,000 From $74,000 From $75,000 From $45,000 Competitive Set • MB Maybach • Bentley Bentayga • Lamborghini Urus • Ferrari Purosangue • MB S - Class • Porsche Taycan • Audi E8 e - tron • MB G/GL/GLS • BMW 7 Series • Lucid Air • Tesla Model S/X • BMW X5 • Range Rover Sport • Land Rover Discovery • BMW 5 - Series • NIO ES8/ES6 • MB E - Class • Rivian R1S • Jaguar J - Pace • Porsche Macan • BMW 3 - Series • BMW X3 • MB GLC • Jaguar I - Pace • Range Rover Velar • Tesla Model 3/Y • MB C - Class • MB EQC 2025 Global Vehicle TAM (2) ~$53.0bn ~$93.0bn ~$170.6bn ~$300bn+ Total Addressable Market (“TAM”) by 2025 (2) © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 16

Factory opening Pilot Lines Operational TBD Subject to Future Financing Total factory capacity ~10,000 vehicles per year (expected) TBD TBD – Focused on China FF 81 and FF 71 demand Vehicle series to be produced FF 91 FF 81 TBD Supported by a Hybrid Asset - Light Manufacturing Strategy Self - Run Manufacturing Facility for FF 91 Hanford,CA, USA Contract Manufacturing for FF 81 series Gunsan, South Korea China production and FF China headquarters Location in China TBD Low volume in - house manufacturing ideal for controlling production processes to ensure quality and stability 5 Manufacturing plans for FF 81 and FF 71 vehicles subject to future financing © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 17 Note: Actual timing for delivery of vehicles subject to timing of and ability to raise targeted capital.

Manufacturing Update | FF 91 Coming to Life as Hanford Nears Completion L e a r n i n g s s e t f o u n d a t i o n f o r f u t u r e m o d e l s Hanford Facility Producing Production - Intent Vehicles Today – P r e - p r o d u c t i o n v e h i c l e b u i l d s u n d e r w a y a t H a n f o r d f o r f i n a l e n g i n e e r i n g v a l i d a t i o n a n d c e r t i f i c a t i o n a h e a d o f d e l i v e r i e s – A l l e q u i p m e n t r e q u i r e d f o r S O P I s o n s i t e – S O P a n d t i m i n g o f d e l i v e r i e s a r e s u b j e c t t o f u t u r e f i n a n c i n g Why Self - Production at Hanford is Core to Our Strategy x – A l l o w s f o r q u a l i t y c o n t r o l o v e r f i r s t m o d e l ; c r i t i c a l f o r l o n g - t e r m v a l u e p r o p o s i t i o n x – L o w - v o l u m e m a n u f a c t u r i n g a l l o w s f o r p r o d u c t i o n f l e x i b i l i t y a n d i n c r e a s e d q u a l i t y c o n t r o l o f F F 9 1 – e s s e n t i a l a t t a r g e t p r i c e p o i n t x – P r o v i d e s p l a t f o r m t o t e s t a n d v a l i d a t e c o r e v e h i c l e I P x – 5 © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 18

5 Supply Chain for FF 91 Effectively Secured Ahead of Launch Despite Macroeconomic Disruptions Sourcing of Critical Components — Inverter completely designed, patented and assembled in - house — Electric motor and gear box designed using FF IP and manufactured to FF specifications — Battery pack sourced from leading global supplier — Supplementing proven Internet of Vehicle (IOV) and ADAS systems with FF proprietary features — Significant partnerships with leading Tier 1 suppliers Minimizing Impact Through COVID - 19 — COVID - 19 significantly impacted many of Faraday Future’s suppliers and modestly impacted the Company thus far — In response, Faraday Future: » Reorganized engineering and development schedules to accommodate and anticipate delays, accelerated delivery schedules » Used the Company’s in - house 3 - D printing capabilities to test supplier solutions in a limited - contact environment — Pre - production orders were generally in place early enough to make managing delays easier — Faraday Future’s low near - term volume needs are a substantial advantage — China lockdowns had limited impact, as the Company shifted sourcing, although the Company did experience some sample delays — Lockdowns are already easing in some key Chinese locations © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 19

Direct sales model utilizes online and offline channels to drive sales and user operations and continuously create value Comprehensive Online to Offline Sales Ecosystem to Support Go - to - Market Targeting Stores in Top 20 Cities Across 3 Major Markets by 2025 (1) FF STORES FOR BRAND ESTABLISHMENT FF PARTNER STORES FOR ASSET - LIGHT SALES NETWORK EXPANSION FF ONLINE FOR PROCESSING OF PURCHASES 5 © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 20 (1) Subject to ability to raise targeted capital.

2021 2022 Q4 Q1 Q2 $691,144 $530,477 $277,386 Cash at Beginning of Period Operating Expenses: Research & Development $80,429 $114,935 $98,015 Sales & Marketing 6,019 6,186 6,198 General & Administrative 33,757 27,880 16,430 Other 1,204 - Total Operating Expenses $121,409 $149,001 $120,643 Other Expenses $37,110 ($4,097) ($21,051) Net Loss ($84,299) ($153,098) ($141,694) Change in Net Working Capital $13,781 $20,399 $18,407 Depreciation and Amortization 3,890 4,853 4,993 Other Cash Flows from Operations (35,259) 5,482 5,554 Plant, Property, & Equipment ($58,417) ($44,398) ($45,836) Cash Flows from Financing ($426) ($85,676) ($164) Effect of Exchange Rate $63 ($653) $2,888 Total Change in Cash Cash at End of Period (1) ($160,667) ($253,091) ($155,852) $530,477 $277,386 $121,534 Q 2 2022 U p d a t e a n d L i q u i d i t y Posi t i on Source: (1) FY 2021 10 - K, Q1 2022 and Q2 2022 10 - Q, Company Materials. Q4 2021,. Q1 2022 and Q2 2022 End of Period Cash figures include $25.3mm and $1.0mm and ~$949k of restricted cash respectively. ― E n d e d Q 2 2 0 2 2 w i t h ~ $ 1 2 2 m m i n c a s h ― S i n c e J u n e , w o r k h a s c o n t i n u e d o n p r e p a r i n g t h e H a n f o r d f a c i l i t y f o r d e l i v e r y o f t h e F F 9 1 ― A s o f S e p t e m b e r 2 1 , 2 0 2 2 , t h e C o m p a n y h a d ~ $ 3 8 . 7 m m o f c a s h o n h a n d ( i n c l u d i n g ~ $ 2 . 1 m m i n r e s t r i c t e d c a s h ) ― T o t a l e x p e c t e d o p e r a t i n g c a s h b u r n f r o m S e p t e m b e r 1 t o D e c e m b e r 3 1 , 2 0 2 2 ~ $ 1 0 0 m m t o 1 5 0 m m , a n d ~ $ 5 1 5 m m t o $ 5 6 5 m m f o r t h e f u l l y e a r 2 0 2 2 ― A n n o u n c e d f i n a n c i n g s t o d a t e p r o v i d e p a r t i a l f u n d i n g f o r e s t i m a t e d c a s h b u r n ; c o n v e r s a t i o n s r e m a i n o n g o i n g t o r a i s e a d d i t i o n a l c a p i t a l t o f u n d 2 0 2 2 a n d b e y o n d ― A s p a r t o f i t s o n g o i n g e f f o r t s t o c o n s e r v e c a s h , t h e C o m p a n y u n d e r t o o k h e a d c o u n t r e d u c t i o n s , s a l a r y r e d u c t i o n s i n e x c h a n g e f o r e q u i t y , o t h e r e x p e n s e r e d u c t i o n s a n d p a y m e n t d e l a y m e a s u r e s Financial Position Key Commentary © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 22 $ in thousands

How Faraday Future Stands Apart • 0 – 60 mph in <2.5 seconds • 1,000+ horsepower • Unrivaled passenger comfort - Industry - leading 60 ƒ recline & leading rear leg room space FF 91: Industry - Leading Performance & Luxury • Immersive rider experience with 27” rear passenger display and 17” front passenger screen • Mobile, high - speed connectivity powered by three 5G modems • Voice first foundation powered by in - house OS • OTA enabled for continuous updates FF 91: Immersive, Connected & Intelligent 1 2 • ~$2.4bn invested since 2014 • Supported by deep technological moat (~650 patents granted to - date) • Foundation for differentiated in - house technology and vehicle capabilities Culmination of ~8 years of Significant R&D and Investment 3 • FF 91 will serve as the flagship model and showcase tech / define the brand • Serves as basis for future mass market vehicles (FF 81 & FF 71) subject to future financing • FF 91 unlocks ~ $ 53 bn TAM, and a potential additional ~ $ 264 bn TAM from mass market models FF 91 Lays the Foundation for Future Platforms 4 • Self - operated Hanford facility nearing completion • Potential for capital - efficient contract manufacturing approach for future mass market models Production and Sales - Ready 5 • Proven management team with decades of industry experience • Strengthened governance and transparency • Current on all required SEC filings Veteran & Tested Leadership © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 24 6

Faraday Future vs Recent Electric Vehicle Opportunities Employee Headcount ~770 ~3,900 ~455 <500 (1) ~250 Current Market Cap (2) ~$170mm ~$22.9bn ~$2.3bn ~$445mm ~$380mm Target Production Date In Production (Factory Producing Vehicles Today) In Production (Q3 - 2021) November 2022 Q4 2022 Q3 2021 Home Markets US & China US US US US Established Manufacturing Strategy 1 in - house facility 1 contract manufacturing partner (3) 2 in - house facilities (Inc. Announced KSA Facility to be Built) 2 contract manufacturing partners (Magna Steyr & Foxconn) 2 in - house facilities (still under construction) 1 contract manufacturing partner (Foxconn) # of Prototypes 29 prototypes and 18 completed pre - production assets NA – In production 23 prototypes 39 prototypes Not Disclosed Core Drive Platform / Skateboard Proprietary Variable Platform Architecture Proprietary skateboard Licensed platforms Proprietary skateboard Licensed platform (MIH) + in - house hub motor design Proprietary Mobility Tech ADAS, E - Drive systems and manufacturing, UI/UX, Closures, Charging and Internet of Vehicle Battery System, Skateboard Architecture, Drivetrain and Bidirectional Charger Battery System (4) Skateboard Architecture, Drivetrain, Battery System and Suspension Hub Motor, Battery Pack, Body and Frame Design Global Patents Granted ~650 ~390 ~13 ~138 (Pending & Allowed) (5) 0 Competitiveness vs. Direct Vehicle Comps No comparable market offerings Moderately Competitive (Model S, Taycan Turbo S, S - Class, among others) Highly Competitive (Model Y, XC40, E - Tron, EQC, among many others) No comparable market offerings Highly Competitive (F - 150, Badger, Cybertruck, Rivian R1T, Hummer and many others) Expected B2C Offerings FF 91 Series FF 81 Series (6) FF 71 Series (6) Lucid Air Lucid Gravity Fisker Ocean Fisker Pear Project Ronin Lifestyle Vehicle Pickup Truck NA – Initial Endurance Deliveries for Commercial Customers Expected B2B Offerings SLMD (6) (Customized Configurations) NA NA Lifestyle Vehicle Multi - Purpose Delivery Vehicle Endurance Pickup Source: (1) (2) (3) (4) (5) (6) Publically company filings and presentations unless otherwise noted. Market data as of May 27th, 2022. Faraday headcount information as of September 27, 2022. Employee count sourced from Crunchbase; company disclosure around headcount not provided. Market capitalization share counts represent basic shares ourtanding (Class A + B) and sourced from Factset as of October 13, 2022. Does not consider engagement of a potential contract manuafacturer for production in China. Battery pack and drive unit manufactured by partners based on Fisker specs. Battery management system based on in - house technology. Represents pending and allowed global patents for Canoo; specific number of allowed (granted) patents not provided. Subject to future financing. © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 27

Dual Home Markets: FF’s Unique Cultural Advantage Source: Forecasts per IEA 2021 Global EV Outlook report, dated April 28, 2021; sales represent total EV sales by country. US BEV Vehicle Sales Volume Forecast (Units in millions) 8.3 12.0 2020 2025 2030 2025 2030 8.1 1.3 China BEV Vehicle Sales Volume Forecast (Units in millions) • D e e p c u l t u r a l r o o t s i n b o t h C h i n a a n d t h e U S p r o v i d e a c o m p e t i t i v e a d v a n t a g e f o r a c c e s s i n g g l o b a l m a r k e t s o ~ 1 8 5 C h i n a - b a s e d e m p l o y e e s , w i t h ~ 4 0 i n m a r k e t i n g a n d s a l e s • P o s i t i o n e d t o t a r g e t c o n s u m e r s i n t h e t w o l a r g e s t E V m a r k e t s ( U S a n d C h i n a ) o C h i n a i s t h e w o r l d ’ s l a r g e s t u l t r a - l u x u r y v e h i c l e m a r k e t a n d t h e F F 9 1 i s i d e a l l y p o s i t i o n e d f o r C h i n a ’ s l a r g e c h a u f f e u r - d r i v e n l u x u r y c a r m a r k e t o C a l i f o r n i a - b a s e d d e s i g n a n d m a n u f a c t u r i n g • A c t i v e l y e v a l u a t i n g c a p i t a l - e f f i c i e n t C h i n a - b a s e d p r o d u c t i o n o p p o r t u n i t i e s • A c c e s s t o a t t r a c t i v e E u r o p e a n , M i d d l e E a s t e r n a n d o t h e r A s i a n m a r k e t s v i a e x p o r t s f r o m H a n f o r d a n d M y o u n g S h i n f a c i l i t i e s 2.3 0.3 2020 ~4% 2020 ~17% 2025 ~34% 2030 BEV % Penetration Globally © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 28

Enabled by Industry - Leading Variable Platform Architecture (“VPA”) DRIVE UNIT CHASSIS BATTERY INTEGRATED STRUCTURE (UNDERBODY) Key Advantages Various Motor/Powertrain Configurations x One to three motor configurations x Maximizes reuse x Torque vectoring capable with AWD and four - wheel steering Capital Efficient and Fast to Market x Motors, gearboxes, inverters and batteries reused in all derivatives x Continuous and simultaneous improvement across product generations x Manufacturing flexibility Autonomous Ready x 5G connectivity x Brand defining user experience enabling improved safety x Full suite of autonomous hardware at start of delivery >60% Part Commonality Between FF 91 and FF 81 142KWH TO 170KWH CAPACITY (W/NEW CELL) 3 MOTORS (1050HP) 105KWH TO 142KWH CAPACITY 2 MOTORS (700HP) 105KWH 1 FRONT MOTOR (350HP) 105KWH 1 REAR MOTOR (350HP) Note: All statements shown reflect expected performance / capabilities for production ready vehicles. Actual performance / capabilities may be different. Please see Risk Factors within the Appendix of this presentation, as well as within the Company’s Annual Report on Form 10 - K, Quarterly Reports on Form 10 - Q and Company S - 1/A filings. 29 © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

Transformed by Unique FF Propulsion Technology Advanced technology battery pack Low volume, high efficiency integrated motor and inverter Proprietary inverter design integrated directly into motor assembly — Very low inverter losses provide 98% efficiency — High torque accuracy with fast transient response — Integrated monitoring system provides enhanced safety — Powerful, efficient and compact drive unit offering one of the leading weight/power ratios (~3.8 kW / kg for rear electric drive unit) Industry - leading battery pack system with 185 Wh/kg — State - of - the - art cell - to - pack technology — Dual voltage for maintenance free use for vehicle life — Enhanced battery safety — High power efficient charging capability — 142 kWh battery pack size (one of the largest in the industry) BATTERY PACK DUAL MOTOR DRIVE UNIT (REAR) PARALLEL IGBT INVERTER FF 91 Sits Among the Industry Leaders in Battery & Electric Drivetrain Performance Note: All statements shown reflect expected performance / capabilities for production ready vehicles. Actual performance / capabilities may be different. Please see Risk Factors within the Appendix of this presentation, as well as within the Company’s Annual Report on Form 10 - K, Quarterly Reports on Form 10 - Q and Company S - 1/A filings. 30 © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

Intelligent & Tech - Enabled – Defining its Own Category “TechLuxury” T e c h L u x u r y p r o v i d e s e v e r y p e r s o n i n t h e v e h i c l e w i t h a n i m m e r s i v e a n d c o n n e c t e d e x p e r i e n c e , c r e a t i n g o p p o r t u n i t y f o r a d d i t i o n a l f u t u r e r e v e n u e s t r e a m s I n t h e d r i v e r ’ s s e a t : – F i v e d r i v e r - s p e c i f i c s c r e e n s i n c l u d i n g a n u l t r a - l a r g e h e a d s - u p d i s p l a y a n d s l i m i n s t r u m e n t c l u s t e r – On - s c r e e n g e s t u r i n g w i t h a s w i p e o f y o u r f i n g e r s a c r o s s t h e C e n t e r I n f o r m a t i o n D i s p l a y f o r d i s t r a c t i o n - f r e e d r i v i n g – V o i c e - f i r s t f o u n d a t i o n s u p p o r t i n g c o m p l e x c o m m a n d s I n t h e p a s s e n g e r s e a t s : – F a c i a l r e c o g n i t i o n i n e a c h s e a t i n g z o n e a u t o m a t i c a l l y l o a d s F F I D p r o f i l e s a n d u s e r - s p e c i f i c p e r s o n a l p r e f e r e n c e s – C o n t i n u o u s c o n n e c t i v i t y a n d h i g h - s p e e d p o w e r e d S u p e r M o b i l e A P – 2 7 " r e a r p a s s e n g e r d i s p l a y f o r s t r e a m i n g m o v i e s , T V s h o w s , l i v e s p o r t s , m u s i c a n d v i d e o c o n f e r e n c i n g Adaptive & Intelligent System Uncompromising Connectivity — Adaptive, intelligent UI allows users to log in throughout the FF 91, preparing precise, individual preferences per their cloud - based FFID profiles — Voice control allows users to open and unlock all doors and give complex demands inside the vehicle — Enhanced user experience platform powered by Android enable seamless access to existing apps — Simultaneously stream movies, TV shows, live sports, music and video conferencing throughout the cabin — High - performance computing platform : Dual systems - on - a - chip (SoC) design — Three 5G modems provide high - speed and continuous coverage — Smart, high - resolution displays — Vehicle software (incl. patented Future OS operating system) and applications are continuously updated via OTA updates with Multiple levels of cybersecurity Equipped with full 360˚ sensor coverage to support advanced auto - drive & auto - park features when released Autonomous Ready Note: All statements shown reflect expected performance / capabilities for production ready vehicles. Actual performance / capabilities may be different. Please see Risk Factors within the Appendix of this presentation, as well as within the Company’s Annual Report on Form 10 - K, Quarterly Reports on Form 10 - Q and Company S - 1/A filings. 31 © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

Online Offline Predictive Maintenance Remote Diagnostics FF & Partner Service Network Mobile Service Digital Service ALL in ONE User Support Center Authorized Service Network OTA Predictive Service In - Service User Scheduling After - Sales Service L a u n c h i n g w / C o m p r e h e n s i v e A f t e r - S a l e s S t r a t e g y Phase 1 (Launch) Phase 2 + 3 (Expansion) • Focus on providing core mobile and partner services • Secured FF - operated workshop hubs in Los Angeles and San Jose • Operating 4 FF mobile vans with initial regional coverage of Los Angeles, expanding throughout CA • Plan to expand self - owned, partner and mobile services to Tier 1 - 4 cities • Targeting 5 flagship stores, 35 partner centers, 17 partner lite hubs and 670 mobile vans by 2026 • Partnering with nation - wide operational service provider to operate, roll out and expand services and coverage • Offers remote diagnostics, OTA, digital and AIO support services • Core functionality service FF app with reactive notification - fault, user service request and contact user support • Offer iterative predictive maintenance + subscription & billing • Full functionality service FF app with predictive notification, integrated service scheduler, user service request and contact user support • Provide core & intermediate services and towing services for partner centers Offline Online FF will leverage our connected car capabilities to develop a strategic and seamless ownership experience uninterrupted by vehicle service needs Note: All statements shown reflect expected performance / capabilities for production ready vehicles. Actual performance / capabilities may be different. Please see Risk Factors within the Appendix of this presentation, as well as within the Company’s Annual Report on Form 10 - K, Quarterly Reports on Form 10 - Q and Company S - 1/A filings. 32 © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

Comprehensive & Expanding Charging Solutions Home Charger (Level 2) • Smart, connected and powerful Level 2 charging station • Integrated into Faraday Future CID/ app • 19.2 kW DC Fast Charger (future) • FF - developed and FF - branded public DC charger for ultra - fast - charging on the road, partner destinations Installation Service • Leading nationwide service to support installation of home charging solutions • Partnered with to support home installation B2B and Fleet (future) • Charging infrastructure at FF Sales, Service Centers, FF Par, FF Fleet user depots • Turnkey package • Smart charging + fleet management Public Charging • Integration with partner public charging networks • Future Features • FF "Smart Trip" for route planning + charging • Combined billing and payment across networks Mobile Charger (Level 1+2) • Portable charger included with vehicle • Flexible for L1 (1.6kW) & L2 (9.6kW) Daily commute Long - distance travel Wireless Charging (future) • Enable automatic charging at home without cables © 2022 FARADAY FUTURE 33 PROPRIETARY AND CONFIDENTIAL Faraday Future will leverage market and technology intelligence with strategic sales planning and partnerships to continually enhance FF Charging Ecosystem FF Charging

Smart Last Mile Delivery Vehicles Provides Attractive Future Growth Opportunity © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 34 High growth opportunity — Platform will target customers in Last Mile Delivery and distribution segments in Europe, China and US — Strong expected market growth driven by increasing e - commerce, tightening emissions regulations and lower total cost of ownership Purpose built with variable configurations on a single platform — 3 size configurations, all built on one VPA platform enabling fast launch — Customizable cargo van capacity of up to 500 ft 3 — Flexible range options from 110 to 330 miles — High cargo efficiency: 25.6 ft 3 /ft length — 6.5 ft standing clearance with roll - up rear door for convenience — Estimated charging from 20% to 80% within 25 minutes Advanced connectivity and user experience — Advanced connectivity and telematics for next - gen fleet management — Over The Air (OTA) upgrade capability — 3 rd party app integration on touch screen display — Surround view cameras for improved visibility Future - proof — Adaptive modular build expected to enable additional use cases (utilities, tradesmen and others) with minimal additional time or investment Note: All statements shown reflect expected performance / capabilities for production ready vehicles. Actual performance / capabilities may be different. Please see Risk Factors within the Appendix of this presentation, as well as within the Company’s Annual Report on Form 10 - K, Quarterly Reports on Form 10 - Q and Company S - 1/A filings.

Summary of Risk Factors o f t h e F F 9 1 a s o f S e p t e m b e r i n d i c a t i o n s o f i n t e r e s t w i l l b e © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 35 • T h e m a r k e t f o r F F ’ s v e h i c l e s i s n a s c e n t a n d n o t e s t a b l i s h e d . F F o n l y h a d 3 8 3 n o n - b i n d i n g , f u l l y - r e f u n d a b l e p r e - o r d e r s 2 2 , 2 0 2 2 a n d o t h e r n o n - b i n d i n g i n d i c a t i o n s o f i n t e r e s t , a n d t h e r e c a n b e n o a s s u r a n c e t h a t s u c h p r e - o r d e r s a n d o t h e r c o n v e r t e d i n t o a c t u a l b i n d i n g o r d e r s o r s a l e s . • F F d e p e n d s o n s u p p l i e r s t o t i m e l y d e l i v e r c o m p o n e n t s f o r F F p r o d u c t s , a n d d i s r u p t i o n o f s u p p l y o r i n c r e a s e s i n c o s t s o f m a t e r i a l s c o u l d h a r m F F ’ s b u s i n e s s . • F F m a y n o t d e v e l o p t h e c o m p l e x s o f t w a r e a n d t e c h n o l o g y s y s t e m s n e c e s s a r y f o r t h e p r o d u c t i o n o f i t s e l e c t r i c v e h i c l e s . • F F i d e n t i f i e d m a t e r i a l w e a k n e s s e s i n i t s i n t e r n a l c o n t r o l o v e r f i n a n c i a l r e p o r t i n g . • M a n u f a c t u r i n g v e h i c l e s i n i t s l e a s e d H a n f o r d , C a l i f o r n i a f a c i l i t y d o e s n o t g u a r a n t e e F F w i l l n o t i n c u r f u r t h e r d e l a y s i n t h e p r o d u c t i o n o f t h e v e h i c l e s . • F F ’ s c o n t r a c t m a n u f a c t u r e r o r o t h e r f u t u r e c o n t r a c t m a n u f a c t u r e r m a y f a i l t o t i m e l y p r o d u c e a n d d e l i v e r v e h i c l e s . • F F h a s m i n i m a l e x p e r i e n c e s e r v i c i n g a n d r e p a i r i n g i t s v e h i c l e s . T h e i n a b i l i t y t o a d e q u a t e l y s e r v i c e v e h i c l e s c o u l d a d v e r s e l y a f f e c t F F ’ s b u s i n e s s . • I n d u s t r y c o m p e t i t i o n m a y a d v e r s e l y a f f e c t F F ’ s r e v e n u e s , i n c r e a s e i t s c o s t s t o a c q u i r e n e w c u s t o m e r s , a n d h i n d e r i t s a b i l i t y t o a c q u i r e n e w c u s t o m e r s . • F F ’ s g o - to - m a r k e t a n d s a l e s s t r a t e g y w i l l r e q u i r e s u b s t a n t i a l i n v e s t m e n t a n d c o m m i t m e n t o f r e s o u r c e s a n d i s s u b j e c t t o n u m e r o u s r i s k s a n d u n c e r t a i n t i e s . • F F f a c e s r i s k s r e l a t e d t o n a t u r a l d i s a s t e r s , c l i m a t e c h a n g e , h e a l t h e p i d e m i c s , w a r , c i v i l u n r e s t a n d o t h e r c i r c u m s t a n c e s o u t s i d e i t s c o n t r o l . • F F ’ s e l e c t i o n t o p r o t e c t s o m e o f i t s t e c h n o l o g i e s a s t r a d e s e c r e t s r a t h e r t h a n a s p a t e n t s h a s c e r t a i n r i s k s a n d d i s a d v a n t a g e s . • I n c r e a s e d e n v i r o n m e n t a l , s a f e t y o r o t h e r r e g u l a t i o n s , i n c l u d i n g d i s c l o s u r e r u l e s , c o u l d r e s u l t i n h i g h e r c o s t s , e x p e n d i t u r e s , an d / o r s a l e s r e s t r i c t i o n s . • F F m a y b e s u b j e c t t o r i s k s a s s o c i a t e d w i t h a u t o n o m o u s d r i v i n g t e c h n o l o g y . • F F ’ s v e h i c l e s w i l l m a k e u s e o f l i t h i u m - i o n b a t t e r y c e l l s , w h i c h h a v e b e e n o b s e r v e d t o c a t c h f i r e o r v e n t s m o k e a n d f l a m e . • Y u e t i n g J i a , t h e C o m p a n y ’ s f o u n d e r a n d C h i e f P r o d u c t a n d U s e r E c o s y s t e m O f f i c e r , i s c l o s e l y a s s o c i a t e d w i t h t h e C o m p a n y ’ s i m a g e a n d b ra n d , a n d h i s p u b l i c i m a g e m a y c o l o r p u b l i c a n d m a r k e t p e r c e p t i o n s o f t h e C o m p a n y . N e g a t i v e i n f o r m a t i o n a b o u t M r . J i a m a y a d v e r s e l y i m p a c t t h e C o m p a n y . D i s a s s o c i a t i n g f r o m M r . J i a c o u l d a l s o a d v e r s e l y i m p a c t t h e C o m p a n y . Source: S - 1/A October 7, 2022.

Summary of Risk Factors ( continued) • Y T J i a i s s u b j e c t t o r e s t r i c t i o n s i n C h i n a t h a t m a y c o n t i n u e i f n o t a l l c r e d i t o r s p a r t i c i p a t i n g i n h i s p e r s o n a l b a n k r u p t c y r e s t r u c t u r i n g p l a n r e q u e s t h i s r e m o v a l f r o m s u c h r e s t r i c t i o n s . T h e s e r e s t r i c t i o n s m a y a d v e r s e l y i m p a c t t h e C o m p a n y ’ s C h i n a s t r a t e g y . • Y T J i a a n d F F G l o b a l , o v e r w h i c h M r . J i a e x e r c i s e s i n f l u e n c e , h a v e t h e a b i l i t y t o i n f l u e n c e t h e C o m p a n y ’ s m a n a g e m e n t , b u s i n e s s a n d o p e r a t i o n s , a n d m a y u s e t h i s a b i l i t y i n w a y s t h a t a r e n o t a l i g n e d w i t h t h e C o m p a n y ’ s b u s i n e s s o r f i n a n c i a l o b j e c t i v e s o r s t r a t e g i e s o r t h a t a r e o t h e r w i s e i n c o n s i s t e n t w i t h t h e C o m p a n y ’ s i n t e r e s t s . S u c h i n f l u e n c e m a y i n c r e a s e i f a n d t o t h e e x t e n t t h e c u r r e n t m e m b e r s o f t h e B o a r d a n d m a n a g e m e n t a r e r e m o v e d a n d r e p l a c e d w i t h i n d i v i d u a l s w h o a r e a l i g n e d w i t h M r . J i a a n d / o r F F G l o b a l . • D i s p u t e s w i t h o u r s h a r e h o l d e r s a r e c o s t l y a n d d i s t r a c t i n g . • T h e c o m p o s i t i o n o f F F I E ’ s B o a r d o f D i r e c t o r s h a s c h a n g e d , a n d i s e x p e c t e d t o f u r t h e r c h a n g e s u b s t a n t i a l l y p r i o r t o o r i m m e d i a t e l y f o l l o w i n g c o m p l e t i o n o f t h e 2 0 2 2 A G M . • F F i s s u b j e c t t o l e g a l p r o c e e d i n g s a n d c l a i m s a r i s i n g i n a n d o u t s i d e t h e o r d i n a r y c o u r s e o f b u s i n e s s . © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 36 i n F F I E ’ s S E C • F F I E r e l i e s o n F F G l o b a l , F F T o p a n d i n d i v i d u a l s u n d e r t h e i r c o n t r o l f o r i n f o r m a t i o n r e l a t i n g t o c e r t a i n m a t t e r s r e q u i r e d t o b e d i s c l o s e d f i l i n g s , a n d t h e i r f a i l u r e t o p r o v i d e s u c h i n f o r m a t i o n c o u l d a d v e r s e l y a f f e c t F F I E ’ s a b i l i t y t o c o m p l y w i t h i t s d i s c l o s u r e o b lig a t i o n s Source: S - 1/A October 7, 2022.

Summary of Risk Factors ( continued) • F F I E m a y b e c l a s s i f i e d a s a P R C “ r e s i d e n t e n t e r p r i s e , ” w h i c h c o u l d r e s u l t i n u n f a v o r a b l e t a x c o n s e q u e n c e s t o u s a n d o u r n o n - P R C e n t e r p r i s e s t o c k h o l d e r s . • F F I E a n d o u r s t o c k h o l d e r s f a c e u n c e r t a i n t y w i t h r e s p e c t t o i n d i r e c t t r a n s f e r s o f e q u i t y i n t e r e s t s i n C h i n a r e s i d e n t e n t e r p r i s e s t h r o u g h t r a n s f e r o f n o n - C h i n e s e - h o l d i n g c o m p a n i e s . • P R C r e g u l a t i o n o f l o a n s t o a n d d i r e c t i n v e s t m e n t s i n P R C e n t i t i e s m a y d e l a y o r p r e v e n t u s f r o m m a k i n g l o a n s o r a d d i t i o n a l c a p i t a l c o n t r i b u t i o n s t o o u r P R C S u b s i d i a r i e s . • T h e P R C g o v e r n m e n t c a n t a k e r e g u l a t o r y a c t i o n s a n d m a k e s t a t e m e n t s t o r e g u l a t e b u s i n e s s o p e r a t i o n s i n C h i n a w i t h l i t t l e a d v a n c e n o t i c e s o o u r a s s e r t i o n s a n d b e l i e f s o f t h e r i s k s i m p o s e d b y t h e C h i n e s e l e g a l a n d r e g u l a t o r y s y s t e m c a n n o t b e c e r t a i n , a n d a c t i o n s r e l a t e d to o v e r s i g h t a n d c o n t r o l o v e r o f f e r i n g s t h a t a r e c o n d u c t e d o v e r s e a s a n d / o r f o r e i g n i n v e s t m e n t i n i s s u e r s w i t h s u b s t a n t i a l o p e r a t i o n s i n C h i n a c o u l d s i g n i f i c a n t l y l i m i t o r c o m p l e t e l y h i n d e r o u r a n d t h e S e l l i n g S e c u r i t y h o l d e r s ’ a b i l i t y t o o f f e r o r c o n t i n u e t o o f f e r s h a r e s o f C l a s s A C o m m o n S t o c k $ 0 . 0 0 0 1 p a r v a l u e , a n d w a r r a n t s t o p u r c h a s e s h a r e s o f C l a s s A C o m m o n S t o c k t o i n v e s t o r s a n d c a u s e t h e v a l u e o f o u r s e c u r i t i e s t o s i g n i f i c a n t l y d e c l i n e o r b e w o r t h l e s s . • T h e a p p r o v a l o f , o r f i l i n g o r o t h e r a d m i n i s t r a t i v e p r o c e d u r e s w i t h t h e C h i n a S e c u r i t i e s R e g u l a t o r y C o m m i s s i o n o r o t h e r P R C g o v e r n m e n t a l a u t h o r i t i e s m a y b e r e q u i r e d i n c o n n e c t i o n w i t h c e r t a i n o f o u r f i n a n c i n g a c t i v i t i e s , a n d , i f r e q u i r e d , w e c a n n o t p r e d i c t i f w e w o u l d o b t a i n s u c h a p p r o v a l o r c o m p l e t e s u c h f i l i n g o r o t h e r a d m i n i s t r a t i v e p r o c e d u r e s . • C e r t a i n P R C r u l e s a n d r e g u l a t i o n s e s t a b l i s h c o m p l e x p r o c e d u r e s f o r s o m e a c q u i s i t i o n s b y f o r e i g n i n v e s t o r s t h a t c o u l d m a k e i t m o r e d i f f i c u l t f o r u s t o g r o w i n C h i n a . • T h e c o m p l e x i t y , u n c e r t a i n t i e s a n d c h a n g e s i n P R C r e g u l a t i o n s o n i n t e r n e t - r e l a t e d b u s i n e s s , a u t o m o t i v e b u s i n e s s e s a n d o t h e r b u s i n e s s c a r r i e d o u t b y F F I E ’ s P R C S u b s i d i a r i e s c o u l d a d v e r s e l y a f f e c t F F I E . • W e f a c e c h a l l e n g e s f r o m t h e e v o l v i n g r e g u l a t o r y e n v i r o n m e n t r e g a r d i n g c y b e r s e c u r i t y , i n f o r m a t i o n s e c u r i t y , p r i v a c y a n d d a t a p r o t e c t i o n . • A n y i n d e p e n d e n t a u d i t o r o p e r a t i n g i n C h i n a t h a t F F e n g a g e s f o r i t s o p e r a t i o n s i n C h i n a i s c u r r e n t l y n o t p e r m i t t e d t o b e s u b j e c t t o i n s p e c t i o n b y t h e P u b l i c C o m p a n y A c c o u n t i n g O v e r s i g h t B o a r d ( “ P C A O B ” ) . • U . S . r e g u l a t o r y b o d i e s m a y b e l i m i t e d i n t h e i r a b i l i t y t o c o n d u c t i n v e s t i g a t i o n s o r i n s p e c t i o n s o f o u r o p e r a t i o n s i n C h i n a . • T h e r e m a y b e d i f f i c u l t i e s i n e f f e c t i n g s e r v i c e o f l e g a l p r o c e s s , c o n d u c t i n g i n v e s t i g a t i o n s , c o l l e c t i n g e v i d e n c e , e n f o r c i n g f o r e i g n j u d g m e n t s o r b r i n g i n g a c t i o n s i n C h i n a a g a i n s t u s a n d o u r m a n a g e m e n t . © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 37 Source: S - 1/A October 7, 2022.

Summary of Risk Factors ( continued) • F F I E h a s n o t p a i d d i v i d e n d s o n t h e C l a s s A C o m m o n S t o c k a n d o u r a b i l i t y t o d o s o i n t h e f u t u r e w i l l b e s u b j e c t t o i t s s u b s i d i a r i e s ’ a b i l i t y t o d i s t r i b u t e c a s h t o i t . • F F I E i s s u b j e c t t o c o m p l e x p u b l i c c o m p a n y r u l e s a n d r e g u l a t i o n s a n d t h e r e c a n b e n o a s s u r a n c e t h a t F F I E w i l l b e a b l e t o c o m p l y w i t h t h e m . F F I E w i l l c o n t i n u e t o i n c u r i n c r e a s e d b u r d e n s a s a p u b l i c c o m p a n y . • F F m a y b e r e q u i r e d t o t a k e w r i t e - d o w n s o r w r i t e - o f f s , o r F F m a y b e s u b j e c t t o r e s t r u c t u r i n g , i m p a i r m e n t o r o t h e r c h a r g e s . © 2022 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 38 o r p a r t o f y o u r i n v e s t m e n t . S a l e b y c e r t a i n A C o m m o n S t o c k , w h i l e s u c h h o l d e r s m a y s t i l l • T h e p r i c e o f t h e C l a s s A C o m m o n S t o c k h a s b e e n a n d m a y c o n t i n u e t o b e v o l a t i l e , a n d y o u c o u l d l o s e a l l h o l d e r s o f t h e C l a s s A C o m m o n S t o c k m a y n e g a t i v e l y i m p a c t t h e m a r k e t p r i c e o f t h e s h a r e s o f t h e C l a s s r e c e i v e s i g n i f i c a n t p r o c e e d s . • F F ’ s t a x o b l i g a t i o n s a n d r e l a t e d f i l i n g s h a v e b e c o m e s i g n i f i c a n t l y m o r e c o m p l e x a n d s u b j e c t t o g r e a t e r r i s k o f s c r u t i n y . • I s s u a n c e o f a d d i t i o n a l s h a r e s b y F F I E w o u l d d i l u t e t h e i n t e r e s t o f F F I E s t o c k h o l d e r s . I n a d d i t i o n , t h e f u l l c o n v e r s i o n o f t h e pr i n c i p a l a m o u n t o f a l l o u t s t a n d i n g N o t e s w o u l d s u b s t a n t i a l l y d i l u t e t h e o w n e r s h i p i n t e r e s t o f e x i s t i n g s t o c k h o l d e r s . • F F I E h a s g r a n t e d p r e f e r e n t i a l d i r e c t o r n o m i n a t i o n r i g h t s t o c e r t a i n i n v e s t o r s w h i c h m a y c a u s e F F I E t o f a l l o u t o f c o m p l i a n c e w i t h N A S D A Q l i s t i n g r u l e s • C o n c e n t r a t i o n o f o w n e r s h i p m a y d e l a y o r p r e v e n t a c h a n g e i n c o n t r o l . C e r t a i n o f F F I E ’ s d e f e n s i v e m e a s u r e s c o u l d p r e v e n t a t a k e o v e r t h a t s t o c k h o l d e r s m a y c o n s i d e r f a v o r a b l e . • C l a i m s f o r i n d e m n i f i c a t i o n b y o u r d i r e c t o r s a n d o f f i c e r s m a y r e d u c e o u r a v a i l a b l e f u n d s , i n c l u d i n g f o r s u c c e s s f u l t h i r d - p a r t y c l a i m s a g a i n s t u s . • F F I E ’ s d u a l - c l a s s s t r u c t u r e m a y d e p r e s s t h e t r a d i n g p r i c e o f t h e C l a s s A C o m m o n S t o c k . I n a d d i t i o n , u p o n F F I E a c h i e v i n g a n e q u i t y m a r k e t c a p i t a l i z a t i o n o f $ 2 0 b i l l i o n , t h e C l a s s B C o m m o n S t o c k h e l d b y F F T o p w i l l c o n v e r t f r o m o n e v o t e p e r s h a r e t o t e n v o t e s p e r s h a r e , e n t i t l i n g i t t o h a v e s u b s t a n t i a l i n f l u e n c e o v e r F F I E ’ s c o r p o r a t e m a t t e r s . I f N A S D A Q c o n s i d e r s F F I E a “ c o n t r o l l e d c o m p a n y ” u p o n s u c h c o n v e r s i o n , F F I E m a y q u a l i f y f o r e x e m p t i o n s f r o m c e r t a i n c o r p o r a t e g o v e r n a n c e r e q u i r e m e n t s . • N e g a t i v e a n a l y s t c o v e r a g e c o u l d a f f e c t o u r s h a r e p r i c e a n d t r a d i n g v o l u m e . • O u r r e d u c e d r e p o r t i n g o b l i g a t i o n a s a n “ e m e r g i n g g r o w t h c o m p a n y , ” c o u l d m a k e F F I E s h a r e s o f C o m m o n S t o c k l e s s a t t r a c t i v e t o i n v e s t o r s . • T h e r e c a n b e n o a s s u r a n c e t h a t t h e W a r r a n t s w i l l m a y n o t r e c e i v e c a s h p r o c e e d s f r o m t h e e x e r c i s e b e i n t h e m o n e y a t t h e t i m e t h e y b e c o m e e x e r c i s a b l e ; t h e y m a y e x p i r e w o r t h l e s s a n d t h e r e f o r e w e o f w a r r a n t s . Source: S - 1/A October 7, 2022.