Nikola Stockholders: WE NEED YOUR VOTE! VOTE NOW for Proposal 2 Before Annual Meeting on July 18, 2022

Rhea-AI Summary

Nikola Corporation is urging stockholders to vote for Proposal 2 before the deadline of 11:59 p.m. Eastern Time on July 17, 2022. Approval would increase the authorized number of common shares to 800 million, providing flexibility for future growth. The virtual Annual Meeting is scheduled for July 18, 2022, at 2:00 p.m. Pacific Time. Stockholders who owned shares as of April 4, 2022 are encouraged to vote, even if shares have been sold. For more details, visit nikolamotor.com/investors.

Positive

• Proposal 2 seeks to increase authorized shares to 800 million, enabling better flexibility for Nikola's growth.
• Support from stockholders is building, with efforts to secure necessary votes for Proposal 2.

Negative

• Voting is crucial as the company is still short of the required votes for Proposal 2 approval.

• DEADLINE TO VOTE: 11:59 p.m., Eastern Time on July 17, 2022
• VOTE NOW by phone at (855) 935-2562, if in North America, or 1-(207) 607-7123, if international
• VOTE NOW online at www.proxyvote.com
• Support Nikola's future growth by VOTING FOR Proposal 2

PHOENIX, July 12, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, today released the following message from Chief Executive Officer Mark Russell urging stockholders to vote FOR Proposal 2 ahead of the Company's 2022 Annual Meeting of Stockholders, which will be held virtually on July 18, 2022, at 2:00 p.m. Pacific Time. Additional information is available at nikolamotor.com/investors.

Dear Nikola Stockholders,

I am reaching out with an important message regarding Proposal 2, ahead of our Annual Meeting. Thanks to the support of our stockholders, we are getting close to securing the number of votes needed to approve Proposal 2. However, we are still short of the votes needed so don't wait. Vote NOW. You must actively vote before 11:59 p.m. Eastern Time on July 17, 2022. Make your vote count!

Approving Proposal 2 would allow us to increase the authorized number of common shares to 800 million. This is very important as it would allow Nikola greater flexibility to support the future growth and development of our business as we strive to reach new milestones.

SUPPORT NIKOLA BY VOTING TODAY:

• By Phone: Please call Alliance Advisors, Nikola's proxy solicitor, toll-free, at (855) 935-2562. International voters can call 1-(207) 607-7123. You can also contact Alliance Advisors if you have any questions about voting.
• Retail investors, including individual stockholders who purchased shares through app-based brokers, should call the relevant number above.
• By Internet: Vote at www.proxyvote.com using your control number by following the instructions shared by your broker, bank or other nominee.
• Robinhood holders should vote at www.proxypush.com and follow the instructions you have received.

We urge all stockholders to VOTE no matter how many shares you own. If you owned Nikola stock as of April 4, 2022, please vote your shares even if you have sold them. The Annual Meeting will take place virtually on July 18, 2022, at 2:00 p.m. Pacific Time at www.virtualshareholdermeeting.com/NKLA2022.

Thank you for your continued support of Nikola as we advance our mission to pioneer solutions for a zero-emissions world.

Sincerely,

Mark Russell, Chief Executive Officer and President

About Nikola Corporation

Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona. For more information, visit www.nikolamotor.com or Twitter @nikolamotor.

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SOURCE Nikola Corporation

FAQ

What is Proposal 2 for Nikola Corporation?

Proposal 2 aims to increase the authorized number of common shares to 800 million.

When is the deadline for Nikola stockholders to vote?

The deadline to vote is 11:59 p.m. Eastern Time on July 17, 2022.

How can I vote for Nikola's Proposal 2?

Vote by phone at (855) 935-2562 in North America or online at www.proxyvote.com.

When is Nikola's Annual Meeting of Stockholders?

The Annual Meeting will be held virtually on July 18, 2022, at 2:00 p.m. Pacific Time.

Do I need to vote if I sold my Nikola shares?

Yes, if you owned Nikola stock as of April 4, 2022, you should still vote your shares.