Annual General Meeting June 24th, 2019
Agenda ANNUAL GENERAL MEETING JUNE 2019 • Introduction • Business At Hand • The Year in Review • Closing Comments • Food & Drink
Legal Disclaimers & Cautionary Statement Regarding Forward Looking Statements The material contained herein is for information purposes only. The material contained herein does not constitute a general advertisement or general solicitation or an offer to sell or a solicitation to buy any securities in any jurisdiction. Such an offer can only be made by prospectus or other authorized offering document. The materials or fact of their distribution or communication shall not form the basis of, or be relied on in connection with, any contract, commitment or investment decision whatsoever in relation thereto. The information contained herein is not intended in any way to qualify, modify or supplement any prospectus or other information disclosed under the corporate and securities legislation of any jurisdiction relating to Electra Meccanica Vehicles Corp. (the “Company”). No securities commission or similar authority in Canada or the United States has in any was passed upon the adequacy or accuracy of the information contained herein. Some of the statements contained herein constitute “forward-looking statements”. Any statements that are not statements of historical facts may be deemed to be forward-looking statements. These statements appear on pages 10,11,22, and 24 of the materials and can be identified by the word “Order Book - #Vehicles” and “Order Book - $ Value.” Forward-looking statements in these materials include, but are not limited to, statements and/or information related to (i) the size and value of the order book and the number of orders, (ii) growth estimates in orders of the Solo and Tofino, and (iii) the number of vehicles capable of being produced by the large Chinese motorcycle manufacturer. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements should not be in any way construed as guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statement or information. Assumptions have been made regarding, among other things: the Company’s ability to begin production deliveries within certain timelines; the Company’s expected production capacity; prices for machinery to equip a new production facility, labor costs and material costs, remaining consistent with the Company’s current expectations; production of SOLOs meeting expectations and being consistent with estimates; equipment operating as anticipated; there being no material variations in the current regulatory environment; and the Company’s ability to obtain financing as and when required and on reasonable terms. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. The Company does not undertake to update any forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements, except as, and to the extent required by, applicable securities laws. ANNUAL GENERAL MEETING JUNE 2019
Business At Hand June 24th, 2019
The Year In Review ANNUAL GENERAL MEETING JUNE 2019
A Phenomenal Year with Significant Accomplishments � 6
Company Mission Closing the last gas station! CLOSED *Between 1994 and 2013, the number CLOSED of retail fuelling sites in the U.S. fell from 202,800 to 152,995—a 25 percent decline. In 2015, the number had slipped to about 150,000. *Source: https://slate.com/business/2016/06/why-americas-gas- stations-are-running-out-of-time.html � 7
Evolution of the Brand Celebrating Meccanica’s 60th Anniversary � 8
August 30th - 2018 MECCANICA - NASDAQ Opening Bell � 9
Opening Bell - Video Link � 10
Oct 3rd - 2018 Distribution Centre / Dealership Los Angeles Dealership in Studio City � 11
Oct 18th - 2018 SOLO Completes Canadian Side-Crush Test Safety Highlights: • SOLO completes successfully side-crush door test • High engineering standards • SOLO withstood 20,617 lb (2,977 lb required minimum) � 12
Feb 25th - 2019 Grand Opening - Production Facility SOLO on the way Highlights: • 143,300 sq ft. SOLO Facility • 28 Engineers • 8 Quality Control Managers • 5 Supply Chain Manager • 32 Production Line Members • 7 Ops & Administration Officer • 75,000 SOLOs over 3 years � 13
Factory - Video Link � 14
First Shipment - Video Link � 15
Mar 6th - 2019 First Shipment SOLO Distribution L.A. Studio City � 16
Government Rebates US$2,500* Oregon US$900* California Source: https://www.oregon.gov/deq/aq/programs/pages/zev-rebate.aspx Source: https://cleanvehiclerebate.org/eng *The government has the rights to change rebates/exemptions without notice. Please refer to the program websites for the latest information. � 17
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