Faraday Future Announces the FX Super One Roadmap for Mass Production, Sales, Delivery, Service and Ramp-Up and Its Entry into Embodied AI Robotics, along with Its Execution Plan for FF's Five-Year Business Plan

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• Sales targets of Super One are anticipated to include both BEV and HEREV models, driving its volume to about 4,900 units in 2027, 18,000 units in 2028, 38,000 units in 2029, and 55,000 units in 2030

  80% confidence

• FF aims to become leading U.S.-based AI robotics company

  80% confidence

• This event and all of our forward-facing communications to our stockholders reflects Faraday Future's commitment to transparency, stockholder engagement, and long-term value creation as the Company accelerates toward its mission of revolutionizing the intelligent electric vehicle space

  80% confidence

• Phase-Two deliveries to industry leaders and B2B Partners are expected to begin in Q3 of this year, with limited volume and production ramp-up, targeting positive contribution margin in this phase

  80% confidence

• Phase-Three full-scale deliveries to the consumer market in Q4 this year or Q1 next year, targeting sustained positive contribution margin

  80% confidence

• The Company aims to achieve positive earnings before interest, taxes, depreciation and amortization within three years, with an estimated target gross margin rate of 20%

  80% confidence

• The Company is targeting to produce and sell approximately 250 units in 2026, scaling to approximately 5,000 units in 2027, and a ramp up more than approximately 22,000 units in 2028, approximately 130,000 units in 2029, and approximately 250,000 units in 2030

  80% confidence

• FF firmly believes that the upcoming FF Global EAI Industry Bridge Strategy will deliver unique and differentiated value to FF and the entire industry

  80% confidence

• The year 2026 is the Year of the Horse, and I hope that it will also be the year for FF to gallop full speed ahead and ride to victory. We will work extremely diligently and fight tooth and nail for the successful production, delivery, and ramp-up of FX Super One as we mark a new era of EAI vehicles and EAI robotics.

  80% confidence

• Key component certifications have almost been completed, laying out a solid foundation for full vehicle certification. The Company will complete vehicle-level EPA, CARB, and FMVSS-related homologation as planned by the third quarter of this year

  80% confidence

• FF aims to become first company in the U.S. to deliver humanoid robot products to the market with positive contribution margin

  80% confidence

• FF's five-year cumulative production and sales target is 400,000-500,000 vehicles, primarily driven by FX Super One, the future FX 4 and planned models

  80% confidence

• The Company believes that the successful validation of FF's business model through scaled production volumes will enable further improvements in operational efficiency, potential access to diversified funding sources, and the development of additional strategic partnerships to support long-term growth

  80% confidence

• The Company believes it can achieve these goals underpinned by strong market demand

  80% confidence

• FF's goal is to achieve positive operating cash flow within about three years with gross margins of around 20%

  80% confidence

• FX will complete the build-out of the after-sales and charging services in Q2, including the underlying systems and operational framework

  80% confidence

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