Mullen Announces Collaboration with Team Rosberg Engineering (TRE) for Vehicle Chassis Development

Founded in 1997 by F1 World Champion Keke Rosberg (‘82) and now led by his son, F1 World Champion Nico Rosberg (‘16), Team Rosberg Engineering (TRE) is working on vehicle chassis and safety development for the Mullen FIVE EV Crossover. (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today a collaboration with TRE (Team Rosberg Engineering) GmbH from Germany on vehicle chassis and safety development for the Mullen FIVE EV Crossover Program. The program is on track to finish engineering development next year as originally planned. Additionally, Mullen has recently initiated a strategic collaboration with Team Rosberg Engineering (TRE) for vehicle chassis and safety development. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements.