On January 7, 2026, Faraday Future will Host a Stockholders’ Day, an Event Dedicated to Transparency, Execution Updates, and Long-Term Value Creation

• FF and AIxC have signed a non-binding term sheet that contemplates a purchase of $10 million in FFAI common stock. If completed, AIxC notes that it intends to use the Common Stock to explore digital asset products, including potential tokenization of the purchased shares.
• Over the past week, the Company reached agreements with the vast majority of warrant holders to voluntarily terminate and cancel warrants exercisable for up to approximately 44.6 million shares of Common Stock.
  

LOS ANGELES, Jan. 04, 2026 (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 shared a weekly business update from YT Jia, Founder and Global Co-CEO of FF.

“In the first CEO Weekly Report of 2026, I want to share two pieces of good news, along with a preview of our FF Stockholder’s Day and FF’s major 2026 New Year Outlook, both coming next week.

First piece of good news: FF and AIxC have signed a non-binding term sheet that contemplates a purchase of $10 million in FFAI common stock. If completed, AIxC notes that it intends to use the Common Stock to explore digital asset products, including potential tokenization of the purchased shares.

If and when definitive agreements are executed, these shares could serve as a foundational asset for AIxC’s first tokenized RWA product. For FFAI, if completed, this initiative aims to bridge traditional capital markets with the Web3 economy to potentially unlock operational efficiencies and diversify our stockholder base. Both companies are committed to ensuring this potential transaction follows strict governance standards. We will provide further updates if a binding agreement, subject to all necessary approvals, is reached.

Second piece of good news: Over the past week, we reached agreements with the vast majority of warrant holders to voluntarily terminate and cancel warrants exercisable for up to approximately 44.6 million shares of common stock. This action significantly reduces the Company’s liabilities, and we believe such termination reflects investors’ strong confidence in FF’s strategic direction, execution capability, and long-term growth potential. It also meaningfully lowers potential near-term equity dilution and market uncertainty, strengthening our capital structure and laying a solid foundation for the upgraded Global EAI Industry Bridge Strategy long-term value creation, and the introduction of potential strategic investors.