Faraday Future Receives Powerful Endorsements from California Politicians Supporting FF’s Global Automotive Bridge Strategy, the FX Brand and Company Founder YT Jia’s Appointment as Co-CEO of FF

Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, recently received congratulatory messages and unwavering outpouring of support from California political leaders on the Company’s Bridge Strategy, it’s FX brand and the recent appointment of YT Jia to the position of Co-CEO of the Company. The remarks were made at the Company’s recent ‘FF Stockholder Community and FX Co-Creation Day’ event held at FF’s headquarters in Los Angeles. During the meeting, both government as well as Company leaders gave pertinent updates on FF, the FX brand as well as congratulatory messages on YT’s appointment as Co-CEO. YT also gave a number of new business updates and key transformational aspirations for the Company moving forward.

A replay of the event with these specific speeches can be found here: https://youtu.be/tLZOA3wurV8?si=bltnUi1h5HFWjQM4

The event was also meant to further increase transparency and real-time communication with FF’s stockholders in an effort to close the information gap, eliminate misunderstandings, and highlight the Company’s fundamental progress. This event was a unique opportunity for all stakeholders to experience FF’s vision, value, and strategy firsthand and was held in conjunction with the Company’s employee all-hands meeting and was open to registered guests, including stockholders, followers and fans of FF.

Lou Martinez, Current Mayor of Hanford, CA stated: “I want to personally congratulate YT Jia in his new role as Co-CEO of FF and wish him and the Company much success. The ramp up of the FX production is especially exciting, and Hanford remains committed to partnering with Faraday Future to bring connected AI-rich vehicles to the world. We look forward to the day when FX vehicles are delivered from Hanford.”

Anthony Rendon's, former speaker of the House for the State of California, full remarks from the event are as follows: “At this pivotal moment, I would like to extend my heartfelt congratulations to Faraday Future (FF) and its founder, YT Jia. The appointment of YT as a Co-CEO by the FF Board of Directors signifies the return of the founding team and spirit, heralding a new era of energy and value for FF.

“Over the years, FF has invested over $3 billion in California, focusing on the research, development, and manufacturing of next-generation Artificial Intelligence Electric Vehicles (AIEVs). This endeavor not only represents a commercial breakthrough but also underscores America’s forward-looking leadership in the field of new energy mobility. FF is undoubtedly a pioneer in the global new energy industry, making significant contributions in technological innovation, talent acquisition, and the construction of a technological ecosystem.