Faraday Future Announces Global Super Star and Entrepreneur Chris Brown will Become the Next FF 91 2.0 Owner and Developer Co-Creation Officer

(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that global top music legend and entrepreneur Chris Brown will become the next FF 91 2.0 Futurist Alliance owner and Developer Co-Creation Officer and will take delivery of his vehicle at a future “Delivery Co-Creation Day” event.

Mr. Brown hosted FF Founder and Chief Product and User Ecosystem Officer YT Jia at his Los Angeles home where they discussed FF 91 2.0’s features and highlights and officially began the Co-Creation process. Mr. Brown is an American singer, songwriter, rapper, dancer, actor and businessman and one of the most iconic R&B singers of all time. His unique style has earned him prestigious recognitions, including a Grammy, as well as MTV Video Music, AMA, and BET Music Awards.

“We are excited to welcome global music star Chris Brown as another influential FF Spire User and Developer Co-Creation Officer for FF,” said Mr. Jia. “This Co-Creation collaboration not only reflects the acknowledgment of FF and its products by prominent icons, but also underscores the value and advantages of FF and its Developer Co-Creation model within the entertainment and music business.”

In addition to the announcement and Co-Creation activities with Mr. Brown this past weekend, FF’s Global CEO, Matthias Aydt, personally handed over an FF 91 2.0 Futurist Alliance to Mr. Jia at a “Delivery Co-Creation Day” Event at FF’s headquarters in Los Angeles. Sean Lee, the founder of “Purist Group,” along with other FF executives also attended and joined in lively Co-Creation product discussions while experiencing the FF 91 2.0 Futurist Alliance on assorted iconic Southern California roadways with Mr. Jia in his new vehicle. They experienced and drove near such historic and iconic locations such as Pacific Coast Highway, cruising by landmarks such as the Los Angeles International Airport, Santa Monica Beach, the endpoint of the legendary Route 66, Mulholland Drive and numerous other renowned scenic spots along the captivating coastline and stretches of roadways of Southern California.

As the Company's founder and Chief Product and User Ecosystem Officer who defined the FF 91 2.0 series from the beginning, Mr. Jia’s Delivery Co-Creation will consist of three phases. Beginning on the day of the Delivery Co-Creation event, Mr. Jia outlined the Company's next phase of Developer Co-Creation strategic planning. Within one month after delivery, he intends to organize the Company's Executive Product Co-Creation meetings, providing feedback based on his product experiences and continuously enhancing the user experience. One month after product delivery, Mr. Jia will continue to provide ongoing product feedback through daily driving and usage, while also offering reference recommendations for the development of the next generation of FF products.

A video of the Chris Brown Co-Creation discussion and Mr. Jia “Developer Co-Creation Day” event can be viewed on the FF App or at the following link: https://www.ff.com/us/developer-co-creation-festival/

Users can preorder an FF 91 2.0 vehicle via the FF Intelligent App or through our website (English): https://www.ff.com/us/preorder/ or (Chinese): https://www.ff.com/cn/preorder/

Download the new FF Intelligent App: http://appdownload.ff.com

ABOUT FARADAY FUTURE

Faraday Future is the pioneer of the Ultimate AI TechLuxury ultra spire market in the intelligent EV era, and the disruptor of the traditional ultra-luxury car civilization epitomized by Ferrari and Maybach. FF is not just an EV company, but also a software-driven intelligent internet company. Ultimately FF aims to become a User Company by offering a shared intelligent mobility ecosystem.

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FORWARD LOOKING STATEMENTS

This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include, among others: the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the success of other competing manufacturers; the performance and security of the Company’s vehicles; potential litigation involving the Company; the Company’s ability to satisfy the conditions precedent and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; general economic and market conditions impacting demand for the Company’s products; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-K/A filed with the Securities and Exchange Commission (“SEC”) on August 21, 2023, and other documents filed by the Company from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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