Fisker Adds to North American Executive Team: Wolfgang Hoffmann as Country Manager for Canada and Amira Aly as VP, Sales for the U.S.

Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today confirmed two new hires for its executive team. Wolfgang Hoffmann has joined the company as Country Manager for Canada, and Amira Aly has joined as VP, Sales, for the United States.

Hoffmann comes to Fisker after seven years as President of Jaguar Land Rover in Canada and before that, many years with Audi in both Canada and the U.S. He has already assembled a team and will oversee the commencement of Canada deliveries of the Fisker Ocean SUV in December.

Aly joins Fisker after serving as the Senior Director and Head of Sales in North America for Lucid Motors. Before her time at Lucid, Aly held various roles at JPM Chase where she managed their relationships with several automakers, including Aston Martin and Jaguar Land Rover. At Fisker, Aly's primary focus will be scaling and accelerating the delivery of Fisker Ocean in the United States. This growth has been particularly pronounced in the final months of 2023, and is projected to increase in 2024.

Hoffmann and Aly will report to Dawn Ahmed, Sr. VP, Global Marketing, Sales & Service.

“I am excited that two seasoned automotive professionals have chosen to help Fisker get to the next level of our expansion,” Chairman and CEO Henrik Fisker said. “North America is our largest overall market, and I am looking forward to working with Wolfgang and Amira to chart an aggressive sales path in both Canada and the US.”

About Fisker Inc.

California-based Fisker Inc. is revolutionizing the automotive industry by designing and developing individual mobility in alignment with nature. Passionately driven by a vision of a clean future for all, the company is on a mission to create the world’s most sustainable and emotional electric vehicles. To learn more, visit Fiskerinc.com and enjoy exclusive content across Fisker's social media channels: Facebook, Instagram, Twitter, YouTube, and LinkedIn.

Download the revolutionary new Fisker mobile app from the App Store or Google Play.

Forward-Looking Statements

This press release includes forward-looking statements, which are subject to the "safe harbor" provisions of the US Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as "feel," "believes," expects," "estimates," "projects," "intends," "should," "is to be," or the negative of such terms, or other comparable terminology and include, among other things, the quotation of our CEO, the statements regarding the planned launch timing, pricing, delivery, production, and estimated range of the Fisker Ocean, the planned timing of the opening of Fisker facilities, the Company's future performance, expansion of operations, software updates, and other future events that involve risks and uncertainties. Such forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements contained herein due to many factors, including, but not limited to: Fisker's limited operating history; Fisker's ability to enter into additional manufacturing and other contracts with Magna or tier-one suppliers in order to execute on its business plan; the risk that OEM and supply partners do not meet agreed-upon timelines or experience capacity constraints; Fisker may experience significant delays in the design, manufacture, regulatory approval, launch and financing of its vehicles; Fisker's ability to execute its business model, including market acceptance of its planned products and services; Fisker's inability to retain key personnel and to hire additional personnel; competition in the electric vehicle market; Fisker's inability to develop a sales distribution network; and the ability to protect its intellectual property rights; and those factors discussed in Fisker's Annual Report on Form 10-K, under the heading "Risk Factors", filed with the Securities and Exchange Commission (the "SEC"), as supplemented by Quarterly Reports on Form 10-Q, and other reports and documents Fisker files from time to time with the SEC. Any forward-looking statements speak only as of the date on which they are made, and Fisker undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

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