Fisker Will Showcase the All-electric Fisker Ocean at the 2022 Pebble Beach Concours d’Elegance

• Fisker Inc. is making its Pebble Beach Concours debut featuring the Fisker Ocean
• The public and media are invited to visit the show stand at Concours Village
• Fisker is on track to start production of the Fisker Ocean in November 2022

LOS ANGELES--(BUSINESS WIRE)--Fisker Inc. (NYSE: FSR) ("Fisker") — passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions — will bring the all-electric Fisker Ocean to Pebble Beach Automotive Week at Pebble Beach Concours d’Elegance from August 18-21, 2022.

"We are excited to be at Pebble Beach Concours to showcase one of the world’s most sustainable and innovative electric vehicles,” said CEO Henrik Fisker. “It’s the first time we’re in northern California, and this setting offers our local stakeholders an opportunity to see, touch, and feel the Fisker Ocean.”

Pebble Beach Concours is the world’s premier celebration of the automobile. The Fisker Ocean will be at Concours Village, the ideal location to exhibit the latest technology and features of the five-passenger, emissions-free SUV, starting at $37,499¹ for the Sport trim. The media and public are welcome to visit the Fisker show stand at Forest Lake Road and Stevenson Drive to see the production-intent version of the Fisker Ocean, previously exhibited at various locations in the U.S. and Europe.

The Fisker Ocean is on track to start production in November 2022 at a carbon-neutral factory in Austria. The first 5,000 vehicles will be a limited launch edition Fisker Ocean One.

The uncompromised luxury of the Fisker Ocean One builds on the premium trim Extreme, adding signature features such as 22” F3 SlipStream aluminum wheels with recycled carbon fiber inserts, a commemorative digital signature inside, and model-specific exterior badging. Closer to production, each reservation holder will finalize the details of their specific Fisker Ocean One. Reservation holders may finance their Fisker Ocean via Fisker Finance℠, announced earlier this month.

About Fisker Inc.

California-based Fisker Inc. is revolutionizing the automotive industry by developing the most emotionally desirable and eco-friendly electric vehicles on Earth. Passionately driven by the vision of a clean future for all, the company is on a mission to become the No. 1 e-mobility service provider with the world's most sustainable vehicles. To learn more, visit www.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 store.

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 and estimated range of the Fisker Ocean, the Company's future performance 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.

¹Pricing shown is for the Continental US and excludes delivery, finance, and government charges. Maintenance is not included. Pricing is subject to change and will be calculated when you place your order and will further depend upon specifications and options chosen by you as you configure your actual vehicle closer to production. Various state and federal incentives and benefits which may be available to you are not included.