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Visionary Vehicles, Inc. Confidential Executive Summary

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Visionary Vehicles, Inc. Confidential Executive Summary Visionary Vehicles, Inc. Confidential Executive Summary $25,980 Bricklin 3EV: Redefining the Price of Fabulous. November 4, 2020 It’s Time to Leave the Petroleum Century Behind Page 2 Today’s Realities Page 3 Today’s Passenger Cars ➢ Polluting ➢ Expensive ➢ Uninspiring ➢ The Same Visionary Vehicles is Changing That Page 4 New Definition of a Vehicle Creating a new auto segment and a vibrant consumer brand. The Bricklin 3EV removes historical design constraints and engages new “user-centered” design, engineering, and assembly disciplines . the result: an exciting, clean- powered mover of people and goods in a totally new, purpose-built product package. Page 5 The New Paradigm for New Energy Mobility Page 6 Overview ➢ Vision: New energy vehicles should be stylish, cool, safe, affordable, and electrifying . consumers don’t have to make compromises to own and drive terrific electric vehicles ➢ Mission: Create a new auto segment and vibrant consumer brand that moves you in wonderful ways, with electrifying zero emissions vehicles . redefining the price of fabulous ➢ Goals: o Construct a new financial model for the electric vehicle industry* o Develop, build, and sell luxurious, high performance, and safe 3-wheel all-electric vehicles . made in America o Source components, systems, and software from U.S. EV manufacturers and top-tier OEM suppliers o Make the Company’s retail distribution network available to other selected EV manufacturers (“open platform”) * Transparency Market Research has concluded that this is what the industry requires. Page 7 Opportunity ➢ Urbanization and changing consumer attitudes regarding vehicle ownership are shaping the future of auto-mobility ➢ Adoption of new energy vehicles is accelerating in virtually all global markets . forecasts anticipate continued EV penetration gains ➢ Dramatic cost reductions for lithium-ion battery packs ➢ Rapid growth in number of charging equipment and station locations * Bloomberg New Energy Finance; Inside EV’s; Baum & Associates; IHS Markit. Page 8 Investors’ Growing Interest in the EV Space Page 9 An Innovative New Financial Model for the Electric Vehicle Industry ➢ Bricklin 3EV vehicles can effectively overcome impediments restricting enthusiastic adoption of EV’s* ➢ Substantial capital utilization efficiencies ➢ Strategic differentiation and go-to-market initiatives ➢ Advanced product design, component sourcing, technical networks, assembly processes, distribution network, and retail operations ➢ State-of-the-art client engagement and communications ➢ Excellence in execution by renowned automotive team (see below) * High price premiums; range anxiety; uninspired styling; safety and performance concerns; limited charging locations; lack of an efficient distribution channel. Page 10 In a World of Sameness . Same product ideas Same processes: ➢ Build what’s usual ➢ Bound by legacy Same features ➢ Move the iron ➢ Make the deals ➢ Dealer vs. dealer Same styling Page 11 An Extraordinary Car Like No Other $25,980 Bricklin 3EV Perceived price tag of more than $116,000, based on Visionary’s “Bricklin 3EV Consumer Appeal Study”. Production expected to commence at the end of Q4 2021. Page 12 Our Unwavering Commitment to Safety ➢ Race car engineering and structural integrity ➢ Occupant safety cell and crush zones ➢ Beyond FMVSS standards and required compliance ➢ State-of-the-art stability and avoidance systems ➢ Advanced materials and technologies ➢ Air bags and redundant safety systems ➢ Responsive handling and control ➢ OEM quality assurance and testing Page 13 Vehicle Stability, Integrity, and Handling Design and Engineering Excellence Page 14 Why 3 Wheels? We don’t use the 3-wheel configuration to circumvent safety regulations Page 15 Mapping the Customer’s Journey Bricklin 3EV owners are part of the brand narrative. $25,980 Luxurious Engagement and Interface Bricklin 3EV Page 16 Bricklin 3EV Consumer Appeal “Practi-COOL” “EGO-logical” “FUN-ctional” Page 17 How? $25,980 MSRP $500 Million Project Development Budget Innovative Strategies Page 18 How? $25,980 The Details Page 19 9 Factors that Define Passenger Vehicle Excellence The Bricklin 3EV delivers. Page 20 Distribution and Market Development ➢ Dedicated sales and service network ➢ 11 regional distributors in the U.S. and Canada ➢ 502 superior new car dealers in the U.S. ➢ State-of-the-art support, infrastructure, Regional Distributor Territories in U.S. and distribution methods ➢ Professional branding, sales, marketing, and communications programs ➢ Superior sales processes and vehicle shopping experience ➢ Exceptional retail operations team Page 21 Organization ➢ Purpose-built client satisfaction team ➢ Everyone is a stockholder* ➢ Culture of leadership and responsiveness ➢ Retailers are marketing partners * Each distributor will invest $10 million at $12.00/share; each dealer at least $500,000 at $15.00/share. Page 22 Leadership Malcolm Bricklin – Chairman and Chief Executive Founder and CEO of national car companies, importers, and alternate technology organizations. Decades of proven expertise at designing, engineering, manufacturing, importing, and marketing automobiles. Founded Subaru of America. Created the Bricklin SV-1 safety sports car. Founded International Automobile Importers, Yugo America, and energy cell projects. Ability to build, fund, and lead large-scale organizations, assemble OEM suppliers into a cohesive technical network, and motivate others to commit to his vision. William Prior – President and Chief Operating Officer Extensive senior management experience in motor vehicle distribution, retail operations, dealer development, and brand building, often in a start-up environment. Served as President of Global Motors, COO of Subaru Distributors Corp., President of Innova Automotive, and EVP and investor for AutoFair Automotive Group. Automotive News “All Star Team”; Fortune Magazine “People to Watch”. See the “Appendix” for Career Summaries of Visionary’s impressive Board of Directors. Page 17 Page 23 Visionary Team An organization . not merely an idea. * Member of the Board of Directors. Refer to the Appendix. Page 24 Visionary’s Global Technical Network Alliance Design, Engineering, Procurement, and Assembly Including Visionary’s Board of Directors and Technology Advisory Team. Page 25 Visionary’s Global Technical Network Alliance Engineering and Manufacturing Expertise Technology and Systems Supply Contractual Cooperation, Licensing, Supply, and Sharing Page 26 Visionary Vehicles Distribution Network Dedicated, Well Capitalized High Caliber Retail Operations Wholesale Preparedness and Retail Readiness Page 27 Visionary’s Integrated Branding Elements Page 28 The Visionary Team Knows How to Execute Page 29 Page 30 Contact Information Visionary Vehicles, Inc. www.vvcars.com [email protected] 917-549-5388 A new paradigm of personal eco-mobility . cool, safe, relevant, sustainable, affordable, electric. Page 31 Appendix: Board of Directors (in addition to Malcolm Bricklin and William Prior) Paul Bucha, Vice Chairman – Congressional Medal of Honor recipient; advisor to Presidents of the U.S.; former Chairman of Wheeling-Pittsburgh Steel Corporation; former Chief of Operations for Electronic Data Systems; helped develop Port Liberté, New Jersey; President of the Congressional Medal of Honor Society; successful entrepreneur and businessman. Malcolm Currie, Chairman of the Technology Team – former Chairman and CEO of Hughes Aircraft and Delco Electronics; former Under Secretary of Defense for Research and Engineering; led GM team that developed the EV1 electric car; Chairman of Project California; Trustee of the University of Southern California; President of American Institute of Aeronautics and Astronautics; holder of numerous patents and author of dozens of scientific papers. Tom Ridge, Senior Advisor for Security and Risk Management – two-term Governor of Pennsylvania; first Secretary of Homeland Security; six-term Congressman in the U.S. House of Representatives; founder of Ridge Global, providing comprehensive risk management assessments and solutions; advisory services for major corporations; accomplished author; Chairman of the National Organization on Disability; John F. Kennedy Award; Woodrow Wilson Award; Leadership for All Award; recipient of the Bronze Star for Valor. Donald Engel – former Managing Director of Drexel Burnham Lambert and investment banker during the Milken era; entrepreneurial leadership and capital markets expert; advisor to such prestigious clients as Warner Communications, KKR & Co., Triangle Industries, Nelson Peltz, Bally Manufacturing, the Pritzker Family, Morgan Joseph, and Trian Fund Management; current and former board seats with Blink Charging Co., Uniroyal Chemical, Revlon, Banner Industries, Triangle Industries, and APL Corp. Appendix A-1 Appendix: Board of Directors (Continued) Jamie Auffenberg – owner of 8 successful new car dealerships; past Chairman of the American International Automobile Dealers’ Association; founder of Americans for Free International Trade; former Vice-Chairman of the Hyundai National Dealer Council; past President of the St. Louis Zone Chrysler/Dodge/Jeep/Ram Dealers’ Advertising Association; over 30 years of retail automotive expertise; serves on numerous civic, corporate, and university boards; 3EV dealer. Brian Miller (Chairman of the Visionary Dealer Advisory Group) – founder and owner of Manhattan Motorcars, NY’s iconic super-luxury dealership group, as well as several other new car dealerships in the northeast; recipient of Time
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