• The first customer of the all-electric Fisker Ocean SUV took delivery of their new vehicle today in Denmark
• Fisker Chairman and CEO Henrik Fisker personally presented the new owner with their Fisker Ocean One launch edition model
• The handover took place at the Fisker Center+ facility in Copenhagen
• Delivering up to 707km/440 UK miles confirmed WLTP range, the Fisker Ocean One and Ocean Extreme offer the highest driving range of any battery-electric SUV available in Europe

LOS ANGELES & MUNICH / May 05, 2023 / Business Wire / Fisker Inc. (NYSE: FSR) ("Fisker"), driven by a mission to create the world's most emotional and sustainable electric vehicles, announces that the first customer has taken delivery of the brand-new Fisker Ocean all-electric SUV.

The owner received their vehicle from Fisker Chairman and CEO Henrik Fisker at the recently opened Fisker Center+ facility in Copenhagen, Denmark. A limited Ocean One launch edition model, the SUV was presented in Great White exterior paintwork, complete with 22” AirGlider Black alloy wheels and a pristine white Sea Salt interior with white Alcantara^TM seats.

“I’m super excited to be in Copenhagen to hand over the first Fisker Ocean,” said Chairman and CEO Henrik Fisker.

The Fisker Ocean One- and Extreme-specification models offer the highest driving range of any battery-electric SUV currently available on the European market, delivering 707km/440 UK miles confirmed WLTP range on 20” wheels and tires, and 701km/436 UK miles on 22” optional wheels and tires.

Customers can explore the Fisker Ocean and specify their own vehicle via the Fisker website.

About Fisker Inc.

California-based Fisker Inc. is revolutionizing the automotive industry by designing and developing individual mobility in alignment with nature. Passionately driven by a vision of a clean future for all, the company is on a mission to create the world’s most sustainable and emotional electric vehicles. To learn more, visit Fiskerinc.com and enjoy exclusive content across Fisker's social media channels: Facebook, Instagram, Twitter, YouTube, and LinkedIn.

Download the revolutionary new Fisker mobile app from the App Store or Google Play store.

Forward-Looking Statements

This press release includes forward-looking statements, which are subject to the "safe harbor" provisions of the US Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as "feel," "believes," expects," "estimates," "projects," "intends," "should," "is to be," or the negative of such terms, or other comparable terminology and include, among other things, the quotation of our CEO, the statements regarding the planned launch timing, pricing, delivery, and estimated range of the Fisker Ocean, the planned timing of the opening of Fisker facilities, the Company's future performance, and other future events that involve risks and uncertainties. Such forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements contained herein due to many factors, including, but not limited to: Fisker's limited operating history; Fisker's ability to enter into additional manufacturing and other contracts with Magna or tier-one suppliers in order to execute on its business plan; the risk that OEM and supply partners do not meet agreed-upon timelines or experience capacity constraints; Fisker may experience significant delays in the design, manufacture, regulatory approval, launch and financing of its vehicles; Fisker's ability to execute its business model, including market acceptance of its planned products and services; Fisker's inability to retain key personnel and to hire additional personnel; competition in the electric vehicle market; Fisker's inability to develop a sales distribution network; and the ability to protect its intellectual property rights; and those factors discussed in Fisker's Annual Report on Form 10-K, under the heading "Risk Factors", filed with the Securities and Exchange Commission (the "SEC"), as supplemented by Quarterly Reports on Form 10-Q, and other reports and documents Fisker files from time to time with the SEC. Any forward-looking statements speak only as of the date on which they are made, and Fisker undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.