Faraday Future任命Lev Peker为董事会成员

北京时间2023年8月5日（美国加州8月4日）- 总部位于加州的全球共享智能电动出行生态系统公司Faraday Future Intelligent Electric Inc.（Nasdaq:FFIE）（“Faraday Future”，“FF”或“公司”）今天宣布公司董事会（the "Board”，以下简称 "董事会"）任命 Lev Peker 为董事会成员、董事会审计委员会成员兼主席。

Peker 先生是汽车业和零售业内经验丰富的首席执行官，曾在多家公立和私营机构中担任首席执行官和董事会成员。他以结果为导向的思维方式帮助多家公司扭亏为盈，在快节奏的公司组织中有着出色的业绩记录。Peker 先生目前担任在汽车售后市场领先的数字商务平台 PartsiD 的首席执行官。在此之前，Peker 先生是全国性二手车寄售零售商 CarLotz 的首席执行官（该公司最近已与 Shift Technologies 合并）。Peker 先生于 2019-2022 年担任 CarParts.com 的首席执行官，在他的管理下，CarParts.com 的年收入翻了一倍多，息税折旧摊销前利润（EBITDA）增长了近四倍，帮助公司市值增长超500% 。他还领导公司完成了扭亏为盈的战略重新定位，制定了一项三年计划，以提高公司运营效率、最大限度地增加库存并改善用户体验。Peker 先生还曾在 Adorama、Sears Holdings Corporation 和 US Auto Parts 就职，担任管理职务。Peker 先生是注册会计师（CPA），拥有加州大学洛杉矶分校安德森管理学院工商管理硕士学位和南加州大学马歇尔商学院会计学学士学位。

公司董事会于2023年7月31日收到Adam He先生提交的辞呈。Adam He先生辞去代理董事会主席及董事会成员职务，同时辞去董事会审计委员会、薪酬委员会、提名与公司治理委员会和甄选委员会成员的职务，即日生效。公司对Adam He先生作为董事会成员任职期间为公司做出的贡献表示衷心感谢。

"我们很荣幸能邀请到像Peker先生这样的汽车和零售行业资深人士在公司高速发展的的关键时期加入我们的团队"，FF全球首席执行官陈雪峰（"XF"）表示，"在我们开始向第一批用户交付FF 91 2.0 Futurist Alliance电动车的过程中，Peker 先生将与董事会其他成员一起为公司提供宝贵的经验和领导力，帮助指导我们的工作。

公司最近宣布启动第二阶段共创交付，并预计在本月晚些时候向首批用户交付 FF 91 2.0 Futurist Alliance。这是 FF 开启三阶段交付计划中第二阶段的重要里程碑。

Lev Peker Appointed to Faraday Future’s Board of Directors

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Los Angeles, CA (August 4, 2023) - Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF,” “Faraday Future,” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, announced today that the Board of Directors of the Company (the "Board”) unanimously appointed Lev Peker as a member of the Board and as a member and the Chair of the Audit Committee of the Board.

Mr. Peker is an automotive and retail experienced C-Suite executive who has served in the CEO role as well as on the board of directors at various public and private organizations. He has a results-driven mindset and a strong track record of performance in turnaround and high-paced organizations. Mr. Peker is currently the CEO of PartsiD, a leading digital commerce platform for the automotive aftermarket. Prior to that, Mr. Peker was the CEO of CarLotz, a nationwide used car consignment retailer (which recently merged with Shift Technologies). Prior to that role, Mr. Peker was the CEO of CarParts.com from 2019-2022 where he oversaw a more than doubling of annual revenue, a nearly fourfold improvement in EBITDA and an increase in market capitalization of over 500%. He also led the organization through a turnaround and strategic repositioning, while creating a 3-year plan to increase operational efficiency, maximize inventory, and improve the customer experience. Mr. Peker has also held various executive roles at Adorama, Sears Holdings Corporation and US Auto Parts in his career. Mr. Peker is a Certified Public Accountant (CPA), has an MBA from The Anderson School of Management at UCLA and a BS in Accounting from USC’s Marshall School of Business.

On July 31, 2023, Adam He provided a letter of resignation as interim Board Chairman, member of the Board and member of the Audit Committee, Compensation Committee, Nominating & Corporate Governance Committee, and Selection Committee, effective immediately. The Company thanks Mr. He for his valuable service as a member of the Board.

“We are honored to have an automotive and retail industry veteran like Mr. Peker join our team during this exciting and pivotal period of the Company,” said Xuefeng (“XF”) Chen, Global Chief Executive Officer of FF. “Mr. Peker will provide valuable experience and leadership along with the rest of the Board that will help guide us as we begin the deliveries of the FF 91 2.0 Futurist Alliance to our first group of users.”

The Company recently announced the official launch of the second phase of its co-creation delivery and expects to deliver the FF 91 2.0 Futurist Alliance to the first users at a delivery ceremony later this month. This marks a significant milestone for the Company as FF initiates the second phase of its three-phase delivery plan.

Users can preorder an FF 91 vehicle via the FF Intelligent App or through our website (English): https://www.ff.com/us/preorder/

or (Chinese): https://www.ff.com/cn/preorder/

Download the new FF Intelligent App: http://appdownload.ff.com

ABOUT FARADAY FUTURE

Faraday Future is the pioneer of the Ultimate TechLuxury ultra spire market in the intelligent EV era, and the disruptor of the traditional ultra-luxury car civilization epitomized by Ferrari and Maybach. FF is not just an EV company, but also a software-driven intelligent internet company. Ultimately FF aims to become a User Company by offering a shared intelligent mobility ecosystem.

FORWARD LOOKING STATEMENTS

This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995.  When used in this press release the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements about the FF 91 2.0 Futurist Alliance delivery timeline, are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include , among others: the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs (including timely receipt of parts and satisfactory safety testing); the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the success of other competing manufacturers; the performance and security of the Company’s vehicles; potential litigation involving the Company; the result of future financing efforts and general economic and market conditions impacting demand for the Company’s products; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price.. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors”  section of the Company’s Form 10-Q filed with the Securities and Exchange Commission (“SEC”) on May 12, 2023, the “Risk Factors” section of the Company’s Annual Report on Form 10-K filed with the SEC on March 9, 2023, and other documents filed by the Company from time to time with the SEC. . These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Investors (English): ir@faradayfuture.com

Investors (Chinese): cn-ir@faradayfuture.com

Media: john.schilling@ff.com

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