Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: Addresses FF's Market Performance and Will Announce an Improvement Plan for EAI Robotics and Recommend Major Changes for AIxC

• Following a thorough internal reflection and review, FF will roll out a correction and improvement plan for EAI Robotics and recommend major changes for AIxC, while returning to stronger strategic and operational focus around FF. The Company will provide details in next week's YT weekly report.
• The Company will continue to take a series of measures to strengthen its actions against the spread of false information and any illegal short selling with the Company and will take all appropriate actions including legal action to protect stockholder interests.

Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI) ("Faraday Future", "FF" or the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today shared a weekly business update from YT Jia, Founder and Global Co-CEO of FF.

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Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: Addresses FF's Market Performance and Will Announce an Improvement Plan for EAI Robotics and Recommend Major Changes for AIxC

"Hello everyone! Happy Chinese New Year. Welcome back to our weekly report. Consistency speaks for itself, it's our commitment. A lot has changed over the past year. We've seen real, meaningful progress, and yes, we've also faced plenty of questions and skepticism. But we choose to keep communicating and keep executing.

On this celebratory occasion, I'd like to begin by sharing some personal news that brought great joy to my family and me. The night before recording this weekly update, just after I got off work and into my car, I received a call from my son. He told me his hands were shaking with excitement — he had just got admitted into Harvard's graduate program in Computer Science and AI. I could not be prouder. Seeing him grow into an independent and driven young man fills my heart with tremendous pride. I hope that one day, like his fellow past students Bill Gates and Mark Zuckerberg, he will make meaningful contributions to the EAI industry and to society as a whole. This is truly the greatest New Year I could have ever received.

While one child is bringing me pure joy on the academic journey, my other "child," FFAI, brings me both joy and concerns. On the positive side, following the signing of the upgraded collaboration agreement on the Bridge Strategy last week, our industry partner recently expressed recognition and support for the progress of the Super One project in a video. With the deep cooperation and strong support from one of China's top car companies and supply chain, we are confident that the Super One project will be successful and this partnership will soon be fully up and running. Personally, I believe that any initiative that drives a win-win outcome for both the U.S. and Chinese automotive industries — while supporting the global expansion of China's supply chain — is well worth pursuing.

I also want to emphasize that the series of agreements for Super One are structured as standard contracts with full foreground intellectual property rights. We retain ownership of all foreground IP related to FX Super One — including any new intellectual property resulting from product modifications required for U.S. regulatory compliance, as well as advancements in software and AI technologies. This would be a great asset to the Company.

I would also like to add that vehicle certification in the United States is among the most rigorous and complex in the world and naturally requires additional time. Moreover, as Super One is designed to be a high-volume vehicle, quality control is even more critical. We ask for your continued patience and trust — and we remain fully committed to delivering a product that not only meets user expectations but exceeds them.

What concerns me is that over the past few months, FF's market performance has been weak, which has impacted investor returns. What has made me most anxious is that some investors have not understood or even agreed with our strategic upgrades. We have done deep reflection on this. I understand that during the holidays it may not be appropriate to talk about heavy topics. But out of responsibility to the company and to our stockholders, I want our mistakes and reflections to stay in last year—so that in the new year we can focus fully on execution, correction, and improvement.

Root-cause reflection: while our EAI vehicle business has not yet reached scaled deliveries and our operating foundation still needs to be further strengthened, we introduced a new crypto strategy and business last year. This created concerns among investors that our strategy and resources were not sufficiently focused, and those concerns have continued.

On the other hand, the EAI robotics industry is still at an early stage, and we introduced our robotics products ahead of Super One reaching scaled delivery. While many people have recognized our "EAI Vehicle + EAI Robotics" dual-engine strategy announced earlier this month, it has also raised questions and concerns among some investors.

Another specific point of reflection is this: we devoted almost all of our energy to business execution, but our efforts to timely counter potential illegal trading activity were not strong enough, especially illegal manipulating to stock price and target to profit by short selling. And we were unable to stop the spread of false information on social media, which misled many investors and caused losses.

Following a thorough internal reflection and review, we will roll out a correction and improvement plan for EAI Robotics and recommend major changes for AIxC, while returning to stronger strategic and operational focus around FF. We will provide details in next week's weekly report. At the same time, we will continue to take a series of measures to strengthen our actions against the spread of false information and any illegal short selling with the Company. Recently, we've identified several parties potentially involved in unlawful manipulative social media activity and have begun gathering evidence. The Company will take all appropriate actions including legal action to protect stockholders' interest.

In the Year of the Horse, we'll bring full horsepower to execution—full focus on delivery, and relentless work to maximize stockholder value. Finally, thank you again for your long-standing support and trust. We'll keep pushing—until we get there."

ABOUT FARADAY FUTURE

Faraday Future is a California-based global intelligent Company founded in 2014 and is dedicated to reshaping the future of mobility through vehicle electrification, intelligent technologies, and AI innovation. Its flagship vehicle, the FF 91, began deliveries in 2023 and reflects the brand's pursuit of ultra-luxury, cutting-edge technology, and high performance. FF's second brand, FX, targets the high-volume mainstream vehicle market. Its first model, Super One, is positioned as a first-class EAI-MPV, with deliveries planned to begin in 2026. FF recently announced its entry into the Embodied AI Robotics business with sales beginning this year, connecting its future strategy of bringing a new era of EAI vehicles and EAI robotics. For more information, please visit https://www.ff.com/

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 "plan to," "can," "will," "should," "future," "potential," 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 regarding taking action against the spread of false information and identifying and combating potential illegal short selling, recommending major changes for AIxC, FX Super One production and delivery, and entry into the embodied AI robotics market, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, which 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: the Company's limited ability to control the social media messaging of others; the Company's ability to identify any illegal short selling; AIxC's willingness to adopt the Company's recommendations, which it is not obligated to do; the Company's ability to maintain its listing on Nasdaq; the need for additional share capital beyond what stockholders approved on February 13, 2026, to fully execute on its strategy, which the Company currently lacks; further agreement of stockholders to substantially increase the Company's share capital, which could result in substantial additional dilution; the Company's ability to homologate FX vehicles for sale; the Company's ability to secure the necessary funding to execute on the FX strategy, which will be substantial; the Company's ability to secure an occupancy certificate covering its Hanford facility; the Company's ability to continue as a going concern and improve its liquidity and financial position; the Company's ability to pay its outstanding obligations; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; demand for our robotics products; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; our reliance on a single OEM for robotics products; our ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; tariff uncertainty for imported products, particularly from China; demand from automobile dealers for robotics products; the Company's limited operating history and the significant barriers to growth it faces; the Company's history of losses and expectation of continued losses; the success of the Company's payroll expense reduction plan; the Company's ability to execute on its plans to develop and market its vehicles and the timing of these development programs; 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 Company's ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company's vehicles; current and potential litigation involving the Company; the Company's ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company's indebtedness; the Company's ability to cover future warranty claims; the Company's ability to use its "at-the-market" program; insurance coverage; general economic and market conditions impacting demand for the Company's products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company's dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; 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-K filed with the SEC on March 31, 2025, and Form 10-Qs for the quarters ended June 30, 2025 and September 30, 2025 filed with the SEC on May 9, 2025, August 19, 2025 and November 21, 2025, respectively, and other documents filed by the Company from time to time with the SEC.

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