FARADAY FUTURE INTELLIGENT ELECTRIC INC.

Except for the confidentiality, non-binding effect and miscellaneous provisions contained in Sections 7, 8 and 9 of the Term Sheet, the Term Sheet is non-binding and does not obligate either party to negotiate or execute definitive agreements or to consummate the Proposed Transaction.

The foregoing description of the Term Sheet does not purport to be complete and is qualified in its entirety by reference to the full text of the Term Sheet, a copy of which is filed as Exhibit 99.1and incorporated herein by reference.

On September 28, 2026, the Company issued a press release announcing the non-binding Term Sheet as discussed below in Item 8.01 of this Current Report on Form 8-K. Also, in connection with a conference call to be held by the Company on September 29, 2026, to discuss the Proposed Transaction and the Term Sheet, the Company references the presentation furnished as Exhibit 99.3 to this Current Report on Form 8-K and incorporated herein by reference. The information in this Item 8.01, Exhibit 99.2 and Exhibit 99.3 furnished hereunder shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall they be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.