Material Agreement · Company Update

Faraday Future Intelligent Electric Inc. (the "Company") entered into a Strategic Cooperation Agreement and an engineering services agreement with Hebei Huanzhou Automobile Sales Co., Ltd. for component procurement and engineering services for a battery electric version of the FF Super One. The Company's special purpose entity, GlobeX AI Hong Kong Holding Limited, will pay an advance payment of RMB300 million (approximately $43.2 million) for these services.