Fourth Quarter 2025 Financial Results February 12, 2026 Disclaimers Forward-Looking Statements This presentation contains statements that are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management's beliefs and expectations as well as on assumptions made by and data currently available to management, appear in a number of places throughout this document and include statements regarding, amongst other things, result ...

Financial Performance - Q2 2025 revenue was $155.6 million, a decrease of 10% year-over-year[17] - Q2 2025 gross profit was $16.8 million, with a gross margin of 11%[18] - Q2 2025 operating expenses decreased by 20% to $57.2 million[18] - The net loss for Q2 2025 was $45.4 million[92] - Adjusted EBITDA for Q2 2025 was $(29.7) million[97] Products and Operations - Antora®shipment increased 112%[17] - The company serves 18 OEMs across 28 vehicle brands as of June 30, 2025[18] - Product in Vehicles 9.3mn+[17] Reporting Change - The company changed its reporting currency from Chinese Renminbi ("RMB") to U.S Dollars ("USD")[7]