Nikola Adjourns and Will Reconvene Annual Meeting of Stockholders on August 2, 2022, to Secure the Less than 0.5% of Votes Needed

Nikola stockholders have voted overwhelmingly in favor of Proposal 2 as more than 208 million shares have been voted in favor. As of July 18, the Company is less than 0.5% short of the outstanding shares needed to be voted in favor for Proposal 2 to pass, which equates to less than 1.6 million shares needed. While the other proposals that have received the necessary vote required only a majority of shares voted, Proposal 2 requires a majority of all outstanding common stock to pass. “Thanks to the overwhelming support of our stockholders, we are getting closer to securing the number of votes needed to approve Proposal 2, with less than 1.6 million shares still needed. Stockholders must ACTIVELY VOTE by 11:59 p.m., Eastern Time, on August 1, 2022, to ensure their vote is counted.