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The Lion Electric pany(LEV) - 2024 Q1 - Earnings Call Presentation

245 220 199 196 188 174 156 105 Order Book(1) (As of May 7, 2024) • At least 500MinexpectedfundingUpto500M in expected funding • Up to 345K per bus + charging infra. • Imminent notification of awardees anticipated • SG&A of 14.5M(ex.noncashsharebasedcompensation),adecreased2814.5M (ex. non-cash share-based compensation), a decreased 28% of revenue in Q4 2023, to 27% in Q1 2024 1) After application of minimum availability test to the borrowing base of ~146M. Appendix ▪ Ongoing Evaluation; Risk Factors Q3 2023 5BillionEPACleanSchoolBusProgramQuarterlyRevenue(US5 Billion EPA Clean School Bus Program Quarterly Revenue (USM) Non-re ...