[June 14, 2026]

Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: Provides New Details on the FF EAI Robotics Education Ecosystem Strategy, Product Line & New EAI Device Launch Happening at Its Los Angeles HQ on June 16

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/20260614681477/en/

Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: Provides New Details on the FF EAI Robotics Education Ecosystem Strategy, Product Line & New EAI Device Launch Happening at its Los Angeles HQ on June 16

"Welcome to issue #59 of the Weekly Report. Today, I want to give everyone a preview of the first launch event of FF's Full-Form EAI Robotics Universe Launch Season, which will take place in just two days. At 5:00 p.m. Pacific Time on June 16, we will host the FF EAI Robotics Education Ecosystem Strategy, Product Line & New EAI Device Launch. This event is not only an important milestone for FF. It may also become a major breakthrough moment for the B2C market of embodied AI robots. There will be three major highlights at this launch event.

First, we will introduce multiple new EAI devices:

1. Futurist 2, the first full-size humanoid robot in the U.S. to natively support the NVIDIA Sonic full-body motion control system for humanoid robots;
2. FX Navi, the first foundational EAI learning quadruped robot in the U.S. We will also announce its pricing and immediately start sales and delivery. With a low barrier to entry and high user value, FX Navi is designed to help children enter the physical AI world earlier and begin their growth journey of using EAI, mastering EAI, and creating EAI;
3. FF Master Mini and FF Nova will also make teaser appearances, further enriching FF's full-form EAI robot "Universe".

Second, we will launch the world's first Three-in-One EAI robotics education ecosystem, consisting of three parts:

EAI education robotic devices; the EAI education brain & open-source and open developer platform; and EAI education ecosystem products. On the B2B side, we will provide integrated solutions for schools, educational institutions, and training organizations, covering devices, curricula, teacher training, and youth developer programs. On the B2C side, we will focus on family education, creating a companion-based and creation-driven Physical EAI learning experience, and making EAI the first gateway for everyone to understand EAI, use EAI, and create EAI.

Third, we will announce more partners, FF Par members, developers, and users who will join us in building the FF EAI education ecosystem. Together, we will all support FF's goal of becoming a pathbreaker, ecosystem builder, and mass-adoption driver in the global B2C robotics market and its real-world use cases, and also our target of becoming the trailblazer and driving force behind the world's first robotics education ecosystem serving both B2B educational institutions and B2C family education.

Of course, the more clearly we see the opportunity, the more we must stay clear-headed and reflect on ourselves. User demand is growing faster than we expected, which has already placed higher requirements on our delivery, service, and user operations capabilities. Next, we need to strengthen three key capabilities:

First, we need to acelerate the buildout of user delivery and user operations networks in key regions.

I hope every current and potential user and developer will be as excited as we are. I look forward to seeing Tuesday's launch open the door to a vibrant, ever-evolving ecosystem for everyone. See you at our launch event!"

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/20260614681477/en/

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