A Letter from Interim CEO Jesse Fittipaldi

Aside from the Q2 Earnings Webinar, this is my first opportunity to address you all as Interim CEO of Arcimoto. Company UpdateAs we discussed in our last Quarterly Webinar, the Arcimoto Team is focused on increasing revenue generation through our sales and rental channels. Key TakeawaysArcimoto continues to work to increase sales, rental revenue, and vehicles produced every quarter. Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. Any forward-looking statements speak only as of the date on which they are made, and except as may be required under applicable securities laws, we do not undertake any obligation to update any forward-looking statements.