Faraday Future announces Delivery of FX Super One to RAK Digital Assets Oasis and Completion of FF 91 2.0 Delivery Process to Hebron Sher; FF Middle East Company Signs Strategic Cooperation MOU with RAK Digital Assets Oasis for EAI and Web3

• Faraday Future and RAK Digital Assets Oasis (also known as RAK Innovation City) have entered into a strategic non-binding MOU to collaborate across three key areas: AI, Web3 and embodied intelligence.
• The two parties intend to explore the joint establishment of research and innovation centers to build a forward-looking, demonstrative industrial ecosystem.
• FF delivered the FX Super One to RAK Innovation City, the second FX Super One delivery in the UAE. The first FX Super One user in the UAE is global football legend Andrés Iniesta.
• FF has completed the delivery and transaction process for the Company’s next FF 91 2.0 Futurist Alliance vehicle with Hebron Sher, Co-Founder & CEO of ZEVO, with an upcoming delivery ceremony in January 2026.

RAS AL KHAIMAH, United Arab Emirates and LOS ANGELES, Dec. 23, 2025 (GLOBE NEWSWIRE) -- Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that Faraday Future Middle East FZ-LLC has signed a memorandum of understanding (MOU) with RAK Digital Assets Oasis (also known as RAK Innovation City). Under the MOU, the two parties intend to cooperate across three major areas of exploration: artificial intelligence (AI), Web3 and the digital economy, and embodied intelligence.

Senior executives and distinguished guests attended the signing ceremony, including Paul Dawalibi, CEO of RAK Innovation City, Tin Mok, Head of FF Middle East, and Morris Gao, Head of User Ecosystem and Government Affairs at FF Middle East. Following the signing, FF also held a co-creation delivery ceremony, delivering the FX Super One to RAK Innovation City. This marks FF’s second delivery in the UAE. The Company has outlined its roadmap for its 2026 sales and deliveries in the UAE market and has iplans to initiate Phase II expansion of its Ras Al Khaimah regional factory and operations center to further enhance localized production capacity and support growing user demand and future FX Super One deliveries.

Under the strategic cooperation MOU, FF and Innovation City intend to explore the joint establishment research and innovation centers. By integrating respective technological capabilities, industrial resources, and ecosystem advantages, the two parties could carry out research, testing, and real-world application of technologies including AI, embodied intelligence, and Web3 in the UAE. Together, they aim to build a future-oriented industrial ecosystem and support Innovation City in becoming a forward-looking benchmark for next-generation urban and industrial development.