On the risk of delisting of Class A ordinary shares of Fisker Inc. (FSR)

In addition to the information disclosed earlier, the ITS hereby informs on the delisting risk of Class A ordinary shares of Fisker Inc. (ISIN US33813J1060, hereinafter – Shares, QI) from the New York Stock Exchange (hereinafter - NYSE).

Information on delisting risk of ordinary shares by NYSE

On February 29, 2024 Fisker Inc. (hereinafter - the Company) submitted Current report on Form 8-K to The United States Securities and Exchange Commission (hereinafter – SEC). According to the report, the Company expects its capital expenditures and working capital requirements to decrease during 2024 and beyond. If the Company’s resources are insufficient to satisfy its requirements, Fisker management will raise substantial doubt about the Company's ability to continue as a going concern for more than twelve months from the date of these financial statements. Furthermore, according to the report, Fisker is unable to file its Annual Report on Form 10-K for the year ended December 31, 2023 (hereinafter – 2023 Form 10-K) within the required time because the company needs additional time to finalize its consolidated financial statements. The company expects to file the 2023 Form 10-K by March 15, 2024. For more information, please refer to the report available on the SEC website.

Information regarding possible actions to be taken by ITS Ltd.

ITS Ltd. (hereinafter – ITS) conducts regular monitoring of the relevant information disclosed by the Company. Delisting of the Company’s securities (hereinafter – Qualified Investments) by NYSE will be considered to costitute a breach of the ITS Regulations on admitting financial instruments to trading and result in termination of trading in the Qualified Investments on ITS. In case NYSE decides to suspend trading in the Company's securities until the date of their delisting on NYSE, ITS may make a similar decision.