TVD ‘Market Participant Alert’

Market Participant: Lucid Group, Inc. (‘Lucid Motors’)

Nature of Alert: Exit of ‘key man’

“On February 25, 2025, Lucid Group, Inc. announced that Peter Rawlinson, CEO and CTO, resigned from his positions and the Company’s board of directors on February 21, 2025.”

“Rawlinson was appointed as Strategic Technical Advisor to the Chairman of the Board and will be available in this role through February 21, 2027.”