Faraday Future Announces February 2026 Special Meeting of Stockholders to Primarily Support 2026 Business Strategy Execution, Following Key Announcements on FX Super One Production and Delivery and Global Embodied AI (EAI) Industry Bridge Strategy Upgrade

• First FX Super One pre-production vehicle has successfully rolled off the line at the Company’s FF AI-Factory in California in December, reflecting that the FF Global Auto Industry Bridge Strategy has reached its initial Bridge Closure in the U.S.
• Continues deliveries of the FX Super One in the UAE, including the second FX Super One to RAK Innovation City. The first FX Super One user in the UAE is global soccer legend Andrés Iniesta.
• A proposed 34% increase in total authorized shares reflects the Company’s disciplined and prudent commitment to low-percentage issuance and stockholder protection. Combined with remaining available shares, the primary purpose is to meet the future issuance obligations and facilitate the 2026 Company strategy execution plan, including the Global Embodied AI (EAI) Industry Bridge Strategy upgrade. The proposal would not in and of itself result in any immediate issuance of shares, dilution to existing stockholders, or change to the Company’s current outstanding share count.
• Thanks to continuous support of stockholders, the Company intends to continue to promote further optimization of financing costs in the future. At the same time, the Company hopes to introduce more strategic investors and explore more opportunities for strategic cooperation.
• During the CES event in Las Vegas on January 7, 2026, FF and FX will host an FF Stockholders’ Day, where the Company will introduce the FX SuperOne Production and Delivery plan, and provide a Bridge Strategy update and private preview event for its products.

LOS ANGELES, Dec. 29, 2025 (GLOBE NEWSWIRE) -- Faraday Future Intelligent Electric Inc. (“Faraday Future,” “FF” or the “Company”) today announced that it plans to hold a Special Meeting of Stockholders (the “EGM”) on Feb 13, 2026, following key announcements planned for the January 7, 2026 Stockholders Day in Las Vegas, including FX Super One production and delivery, the upgraded Global Embodied AI (EAI) Industry Bridge Strategy, as well as a private event for the new EAI products.

The Company urges all stockholders to vote FOR all proposals.

Proposal Highlights:

1. Share Authorization Proposal
   Faraday Future proposes to increase the number of authorized shares of Class A common stock and Class B common stock, each par value $0.0001 per share (collectively, the “Common Stock”) by 79,814,454 shares, from 232,470,985 to 312,285,439, and preferred stock, par value $0.0001 per share (the “Preferred Stock”) by 6,156,265 shares, from 17,931,000 to 24,087,265. The total number of authorized shares of the Company’s Common Stock and Preferred Stock would increase from 250,401,985 to 336,372,704 shares — representing an approximate 34% increase.