Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: Provides New Details on Upgrading Its Robotics Strategy to the “Four-Core Full-Stack AI” and Q3 Robotics Practical Deployment Campaign

• The Company recently canceled an additional 5.36 million warrants, bringing the total number canceled since the end of 2025 to nearly 50 million, significantly reducing the potential dilution associated with the warrant overhang and has substantially strengthened the Company’s capital structure.
• Building on FF’s existing "Three-in-One" strategy, FF has introduced the Industry Productivity Solutions Strategy, formally upgrading FF’s robotics strategy to the FF EAI "Four-Core Full-Stack AI" ecosystem strategy.
• FF provides a preview of the User Ecosystem and Sales Ramp-Up Sub-campaigns -- One of the most important goals of the Q3 Robotics Practical Deployment Campaign remains the rapid ramp-up of sales and deliveries. Will help achieve FF’s full-year shipment target of 2,000 units.

Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI) ("Faraday Future", "FF" or the "Company"), a California-based global Embodied AI (EAI) ecosystem company, today shared a weekly business update from YT Jia, Founder and Global CEO of FF.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260712799954/en/

Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: Provides New Details on Upgrading Its Robotics Strategy to the "Four-Core Full-Stack AI" and Q3 Robotics Practical Deployment Campaign

"Hello everyone, welcome to issue 63 of our weekly report. Today, I will share how FF is upgrading its robotics strategy from the "Three-in-One" ecosystem strategy to the "Four-Core Full-Stack AI" ecosystem strategy, as well as our Q3 Robotics Practical Deployment Campaign to turn this ecosystem into real-world utility and sustained value. But before that, I would first like to share a piece of positive news on the capital front and a user story from FF’s education robotics business.

This week, the Company canceled an additional 5.36 million warrants, bringing the total number canceled since the end of 2025 to nearly 50 million. This has significantly reduced the potential dilution associated with the warrant overhang and substantially strengthened the Company’s capital structure. At the same time, the Company revised the closing structure of the financing entered into last July, eliminating the issuance of the vast majority of warrants previously associated with subsequent closings while accelerating the receipt of financing proceeds. Together, these two actions reflect investors’ strong and continued support for, and confidence in, the Company’s strategy and business.

Let me also share a meaningful story about an FF education robot and a young user.

A mother enrolled her son, who had never been particularly interested in studying, in a summer program at Sequoia Education. The family was scheduled to leave on a trip as soon as the program ended. During the program, the boy was introduced to AI programming and robotics through FX NAVI for the first time, and he was completely captivated. When it was time for the family to leave for their trip, he burst into tears and did not want to go. All he wanted was to stay and continue learning with NAVI. In the end, his mother bought him a NAVI—and only then was the family able to set off on their trip. Children are not unwilling to learn. They simply need the right entry point—one that can spark their curiosity and unlock their creativity.

As the pioneer and mass-adoption driver in the EAI robotics education ecosystem, FF has created entry points for both B2B and B2C markets, establishing a fast track into the EAI era. This is exactly why FF set out to build this ecosystem in the first place.

Next, I would like to introduce our Q3 Robotics Practical Deployment Campaign for the "Four-Core Full-Stack AI" ecosystem strategy. Based on the Company’s five new transformations, we have broken the overall campaign down into six sub-campaigns. Given the time today, I will first cover the Strategic Upgrade Sub-campaign, followed by a preview of the User Ecosystem Sub-campaign and the Sales Ramp-Up Sub-campaign.

Let me begin with the Strategic Upgrade Sub-campaign. Building on our existing "Three-in-One" strategy, we have introduced the Industry Productivity Solutions Strategy, formally upgrading FF’s robotics strategy to the FF EAI "Four-Core Full-Stack AI" ecosystem strategy. The four cores are:

1. EAI Brain

2. EAI Devices

3. Industry Productivity Solutions and Developer Platform

4. EAI Data Factory

The Industry Productivity Solutions Strategy will initially focus on four major market segments: education, industrial applications, security & inspection, and other existing markets. We will accelerate the development and delivery of complete solutions tailored to the distinct, real-world needs of each industry.

This upgrade is highly significant. It marks a shift from the standalone capabilities of individual robot devices to the comprehensive system capabilities needed to deliver industry productivity solutions. It will accelerate the transformation of FF robots into practical, value-creating solutions for real-world use cases, strengthen the Company’s business performance and ability to generate sustainable returns, maximize value for users and customers, and systematically advance the transformation of the U.S. robotics industry. There are two key reasons behind this strategic upgrade.

First, necessity. At this stage, industry solutions are essential to making robots truly useful and valuable in real-world applications. This is especially true in the B2B market, where scaled deployment requires more than EAI Devices and the EAI Brain. It also requires complete productivity solutions built around specific industry pain points—solutions that can be customized, delivered, replicated, and scaled.

Second, feasibility. The initial lineup of the "Full-Form FF EAI Robot World" is now complete, with six EAI device series covering most major industry use cases. We have also made solid initial progress in the development of the EAI Brain and our "VLA + World Model," established the initial foundations of a closed-loop data commercialization model, and continued to build capabilities across the Developer Platform and solutions for multiple use cases. In other words, the technology, product, and ecosystem foundations required for this upgrade are now largely in place, giving us a solid base to accelerate real-world commercialization and deployment.

Next, a preview of the User Ecosystem and Sales Ramp-Up Sub-campaigns -- One of the most important goals of the Q3 Robotics Practical Deployment Campaign remains the rapid ramp-up of sales and deliveries. This will help us achieve our full-year shipment target of 2,000 units while laying a solid foundation for a major business ramp-up in Q4 and next year.

User engagement and operations at scale will be equally important. In Q3, we plan to launch the inaugural FF EAI Robot Productivity Challenge, using a competition format to showcase and promote how users and customers are engaging with FF robots and putting them to work across real-world applications. The event will provide a comprehensive demonstration of the practicality and effectiveness of our robots across a wide range of real-world use cases. The Q3 campaign is now in full swing, and we have every confidence in our team’s ability to deliver. Next week, I will continue sharing updates on the remaining sub-campaigns. See you next week."

ABOUT FARADAY FUTURE

Founded in 2014, Faraday Future (FF) is a U.S.-based Physical AI ecosystem company dedicated to reshaping the future of robotics and mobility solutions through AI innovation and technologies. FF focuses on two major product strategies within the Embodied AI (EAI) robotics business: EAI humanoid and bionic robots, and EAI automotive-focused robots. By building a Three-in-One ecosystem of "Device, Data, EAI Brain & Open-Source and Open Platform," FF aims to create an evolutionary flywheel: scaled device delivery, data collection and training, continuous evolution of the EAI Brain, stronger product capability, and even larger-scale delivery and deployment. Through this flywheel, FF seeks to maximize its commercial value and lead to the advancement of Physical AI. For more information, please visit Faraday Future’s official website: https://www.ff.com/

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 "plan to," "can," "will," "should," "future," "potential," 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, which include statements regarding potential future legal actions against alleged illegal market manipulation or similar improper activities, and FF’s entry into the embodied AI robotics market and robotics deliveries and development, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.

Important factors, that may affect actual results or outcomes include, among others: the Company’s ability to timely regain compliance with Nasdaq’s minimum bid requirement; the Company’s common stock will be suspended from trading on Nasdaq if it’s closing price is $0.10 or less for 10 consecutive trading days; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations, which it currently lacks; the availability of sufficient share capital to meet its current obligations and execute on its strategy, which the Company currently lacks; the agreement of stockholders to substantially increase the Company’s share capital, which could result in substantial additional dilution; the willingness of convertible debt investors to fund the Company while it lacks sufficient share capital for conversions; demand for the Company’s robotics products; the ability of B2B preorder companies to locate customers to purchase our robotics products, on which their nonbinding preorders substantially depend; competition in the robotics industry, which includes companies with far superior experience, funding and name recognition; the ability of the Company to build an EAI education ecosystem that serves both the B2C consumer market and the B2B institutional education market; the acceptance by teachers and students of the Company’s robotics products in the education market; the Company’s reliance on a single OEM for most of its robotics products; the Company’s ability to get the planned robotics products to comply with all applicable U.S. rules and regulations; the ability of the robotics OEM to timely supply robotics to the Company; tariff uncertainty for imported products, particularly from China; demand from automobile dealers for robotics products; the Company's ability to homologate FX vehicles for sale; the Company’s ability to secure the necessary funding to execute on the FX strategy, which is substantial; the Company’s ability to secure an occupancy certificate covering all of its Hanford facility; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of substantial losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; 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 Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of 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; the Company’s indebtedness; the Company’s ability to use its "at-the-market" program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks; 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-Q for the quarter ended March 31, 2026, filed with the SEC on May 14, 2026, and Form 10-K filed with the SEC on March 31, 2026, and other documents filed by the Company from time to time with the SEC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260712799954/en/

Investors (English): ir@ff.com

Investors (Chinese): cn-ir@faradayfuture.com

Media: john.schilling@ff.com