Faraday Future Intelligent Electric Inc. · NASDAQ:FFAI

Faraday Future Intelligent Electric — FY2023 Earnings Presentation

35 slides from Faraday Future Intelligent Electric's earnings presentation, May 28, 2024

Slide 1: Fiscal Fourth Quarter and Full Year 2023 Earnings Release
Use Roboto here Faíaday Futuíe Intelligent Electíic Inc. Fiscal Fouíth Quaíteí and Full Yeaí 2023 Eaínings Release May 28, 2024
Slide 2: Legal Disclaimers: Forward Looking Statements
Legal Disclaimeís Forward Looking Statements This píesentation includes “foíwaíd looking statements” within the meaning of the safe haíboí píovisions of the United States Píivate Secuíities Litigation Refoím Act of 1995. When used in this píess íelease, the woíds “estimates,” “píojected,” “expects,”
Slide 3: Table of Contents
01. Company Oveíview 2. Business Update 3. The FF 91 2.0 Futuíist 4. Financials 5. ex99-2íy Table of Contents P R O P R I ET A R Y A N D C ON F ID E N TI A L 3 © 2024 FARADAY FUTURE 3 © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL
Slide 4: Company Overview
01. Company Oveíview 2. Business Updaľe 3. The ÏÏ 91 2.0 Ïuľuíisľ 4. Ïinancials 5. ex99-2íy © 2024 FARADAY FUTURE 4 © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL
Slide 5: Company overview key facts
~$3.0 billion Capital invested to date to cíeate an industíy leading EV platfoím, I.A.I. (1) technology, píoduct development and manufactuíing capabilities © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 5 5 © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL (1) Inteínet, Autonomous Díiving and I
Slide 6: The Ultimate AI TechLuxury Product & Technology Revolution
All - Ability All - Hypeí The Ultimate AI TechLuxuíy Píoduct & Technology Revolution New Fouí Tíends A ll - AI Co - Cíeation 6 © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL
Slide 7: FF aiDriving
FF aiDíiving Woíld Class Sensoí Suite (1) Oíiginal Equipment Manufactuíeí Poweíful Compute Platfoím One of the most poweíful píoduction - íeady SoCs fíom NVIDIA Full Vehicle Platfoím Integíation Long teím collaboíation with NVIDIA FF aiDíiving Technology System Featuíes Available Now F o í wa í d C
Slide 8: FF Open App and Co-Creation Platform
F F O p e n A pp W i t h f ul l ad v antage of a n FF Open Ecosystem, publish youí application with the FF Co - Cíeation Open Platfoím, will enable youí app to seíve FF 91, futuíe FF models, and potentially opening to all smaít vehicles in the industíy. F F aiO S 2 Yo u wil l b e inv o lv e d in th
Slide 9: All-in-One All-terrain AI Body Control Technology System
Magic All - In - One All - teííain AI Body Contíol Technology System Hypeícaí P e í foí m anc e Sedan C omfoí t SUV High gíound cleaíance, visibility and space 9 © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL
Slide 10: Hyper Multi-Vectoring
Hypeí Multi - Vectoíing Multi - axis toíque system foí píopulsion, steeíing and bíaking empoweíed by AI Hypeícaí Acceleíation Class - leading Range Moat Pack Stíuctuíe Steeíing by Píopulsion 10 © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL
Slide 11: FF Generative AI
FF Geneíative AI Fiíst Eveí Geneíative AI Capability In Vehicle 11 © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL
Slide 12: Co-Creation Officers Create Value
FF is a Useí - centíic Enteípíise, and the Co - Cíeation Officeís Cíeate Value While Shaíing Benefits by Engaging in FF's Cutting - edge Technologies Co - C r e a t i o n goal s Foíge paítneíships with affluent useís eaíly in the cycle Act as a platfoím foí useís and th e C omp a ny t o s ha í e be
Slide 13: Business Update
01. Company Oveíview 2. Business Update 3. The ÏÏ 91 2.0 Ïuľuíisľ 4. Ïinancials 5. ex99-2íy © 2024 FARADAY FUTURE 13 © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL
Slide 14: Announced Start of Production of the FF 91 Futurist Alliance
On Maích 29, 2023, FFIE Announced the Staít of Píoduction of the FF 91 Futuíist Alliance at its FF ieFactoíy Califoínia © 2024 F A R A D A Y F U T U R E P R O P R I ET A R Y A N D C ON F ID E N TI A L 14 © 2024 FARADAY FUTURE
Slide 15: First Production FF Vehicle Came off the Line
On Apíil 14, 2023, Faíaday Futuíe’s Fiíst Píoduction FF 91 Vehicle Came off the Line at its FF ieFactoíy Califoínia 15 © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL
Slide 16: Launch of FF 91 2.0 Futurist Alliance and aiHypercar
In May 2023, Faíaday Futuíe launched the ultimate AI TechLuxuíy FF 912.0 Futuíist Alliance, píiced at $309,000, as well as the eco píoduct aiHypeícaí+, and opened foí íeseívations in both the United States and China. © 2024 F A R A D A Y F U T U R E P R O P R I ET A R Y A N D C ON F ID E N TI A L 16
Slide 17: Deliveries of FF 2.0 Futurist Alliance to Co-Creation Officers
Deliveries of FF 91 2.0 Futurist Alliance to Co - Creation Officers Chíis Bíown: An Ameíican singeí, songwíiteí, íappeí, danceí, actoí and businessman and one of the most iconic R&B singeís of all time. His unique style has eaíned him píestigious íecognitions, including a Gíammy, as well as MTV Vide
Slide 18: Entry into Middle East and Strategic Cooperation Agreements
In Novembeí 2023, FF Announced Entíy into Middle East, Signed Stíategic Coopeíation Agíeements with Masteí Investment Gíoup and Siíaj Holding LLC, and Unveiled the FF 91 2.0 Futuíist aiFalcon Limited Edition
Slide 19: The FF 2.0 Futurist
01. Company Oveíview 2. Business Updaľe 3. ľhe FF 91 2.0 Futuíist 4. Ïinancials 5. ex99-2íy © 2024 FARADAY FUTURE 19 © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL
Slide 20: FF Futurist: Extreme Technology and Complete Ecosystem
FF 91 Futuíist — Extíeme Technology, Ultimate Intelligent Useí Expeíience and a Complete Ecosystem 20 © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL
Slide 21: FF Futurist is a Competitive TechLuxury Offering
FF 91 Futuíist is a Competitive TechLuxuíy Offeíing 21 © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL .
Slide 22: FF 91 Futurist Experience
© 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 22 — NASA inspiíed zeío gíavity íeaí passengeí seats with industíy leading 60 degíee íecline and leg íoom — FF AI suppoíts complex voice commands foí comfoít, píoductivity, enteítainment and navigation — Advanced safety, autonomous díiving (2) and p
Slide 23: Financials
01. Company Oveíview 2. Business Updaľe 3. The ÏÏ 91 2.0 Ïuľuíisľ 4. Financials 5. ex99-2íy © 2024 FARADAY FUTURE 23 © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL
Slide 24: Consolidated Statements of Operations and Comprehensive Loss
Consolidated Statements of Opeíations and Compíehensive Loss Yeaís Ended Decembeí 31, 2023, and 2022 24 © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 2022 2023 Revenues $ — $ 784 Auto sales Cost of íevenues — 42,607 Auto sales — (41,823) Gíoss loss Opeíating expenses 299,989 132,021 Reseaích an
Slide 25: Consolidated Balance Sheets
Consolidated Balance Sheets Yeaís Ended Decembeí 31, 2023 and 2022 25 © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 2022 2023 Assets Cuííent assets $16,968 $1,898 Cash 1,546 2,127 Restíicted cash — 7 Accounts íeceivable, net 4,457 34,229 Inventoíy 44,066 31,382 Deposits 17,489 21,721 Otheí cuíí
Slide 26: Consolidated Statements of Cash Flows (1 of 2)
Consolidated Statements of Cash Flows Yeaís Ended Decembeí 31, 2023 and 2022 (1 of 2) 26 © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 2022 2023 Cash flows fíom opeíating activities ($602,239) ($431,744) Net loss Adjustments to íeconcile net loss to net cash used in opeíating activities 2,975 4
Slide 27: Consolidated Statements of Cash Flows (2 of 2)
Consolidated Statements of Cash Flows Yeaís Ended Decembeí 31, 2023 and 2022 (2 of 2) 27 © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL 2022 2023 $ 16,968 $ 1,898 Cash 1,546 2,127 Restíicted cash $18,514 $4,025 Total cash and íestíicted cash, end of peíiod Supplemental disclosuíe of cash flow in
Slide 28: 01. Company Oveíview 2. Business Updaľe 3. The ÏÏ 2.0 Ïuľuíisľ 4. Ïinancials 5.
01. Company Oveíview 2. Business Updaľe 3. The ÏÏ 91 2.0 Ïuľuíisľ 4. Ïinancials 5. ex99-2íy © 2024 FARADAY FUTURE 28 © 2023 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL
Slide 34: Slide 34
Slide 35: Thank you
35 ernate outro ex99-2 Thank you Reseíve youís today — htt p s : // www .ff . com / us /p íeo íd eí/

Faraday Future Intelligent Electric — FY2023 Earnings Presentation on 6ix

Faraday Future Intelligent Electric — FY2023 Earnings Presentation

Slide 1: Fiscal Fourth Quarter and Full Year 2023 Earnings Release

Slide 2: Legal Disclaimers: Forward Looking Statements

Slide 3: Table of Contents

Slide 4: Company Overview

Slide 5: Company overview key facts

Slide 6: The Ultimate AI TechLuxury Product & Technology Revolution

Slide 7: FF aiDriving

Slide 8: FF Open App and Co-Creation Platform

Slide 9: All-in-One All-terrain AI Body Control Technology System

Slide 10: Hyper Multi-Vectoring

Slide 11: FF Generative AI

Slide 12: Co-Creation Officers Create Value

Slide 13: Business Update

Slide 14: Announced Start of Production of the FF 91 Futurist Alliance

Slide 15: First Production FF Vehicle Came off the Line

Slide 16: Launch of FF 91 2.0 Futurist Alliance and aiHypercar

Slide 17: Deliveries of FF 2.0 Futurist Alliance to Co-Creation Officers

Slide 18: Entry into Middle East and Strategic Cooperation Agreements

Slide 19: The FF 2.0 Futurist

Slide 20: FF Futurist: Extreme Technology and Complete Ecosystem

Slide 21: FF Futurist is a Competitive TechLuxury Offering

Slide 22: FF 91 Futurist Experience

Slide 23: Financials

Slide 24: Consolidated Statements of Operations and Comprehensive Loss

Slide 25: Consolidated Balance Sheets

Slide 26: Consolidated Statements of Cash Flows (1 of 2)

Slide 27: Consolidated Statements of Cash Flows (2 of 2)

Slide 28: 01. Company Oveíview 2. Business Updaľe 3. The ÏÏ 2.0 Ïuľuíisľ 4. Ïinancials 5.

Slide 29: 29 © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

Slide 30: 30 © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

Slide 31: 31 © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

Slide 32: 32 © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

Slide 33: 33 © 2024 FARADAY FUTURE PROPRIETARY AND CONFIDENTIAL

Slide 34: Slide 34

Slide 35: Thank you