Lucid Group, Inc.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A INFORMATION

Proxy Statement Pursuant to Section 14(a) of

the Securities Exchange Act of 1934

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Notice of Annual Meeting of Stockholders

to Be Held on June 4, 2026

April 23, 2026

Dear Stockholder:

You are cordially invited to attend the 2026 Annual Meeting of Stockholders (the “Annual Meeting”) of Lucid Group, Inc., a

Delaware corporation (“we,” “us,” “Lucid Group,” “Lucid” or the “Company”). The Annual Meeting will be held virtually on

June 4, 2026 at 9:00 a.m. (Pacific Time) to consider and vote on the following proposals:

1. To elect the nine nominees to serve as directors, to hold office until the 2027 annual meeting of stockholders and until

their successors are duly elected and qualified, or until their earlier death, resignation or removal;

2. To ratify the selection of KPMG LLP as our independent registered public accounting firm for the fiscal year ending

3. To approve, on an advisory basis, the compensation for our named executive officers;

4. To approve the amendment and restatement of the Lucid Group, Inc. Amended and Restated 2021 Stock Incentive

Plan; and

5. To conduct such other business as may properly come before the Annual Meeting or any adjournment thereof.

These items of business are more fully described in the proxy statement accompanying this Notice of Annual Meeting of

Stockholders (the “Proxy Statement”).

The record date for the Annual Meeting is April 6, 2026 (the “Record Date”). Only stockholders of record of shares of our

Class A common stock, par value $0.0001 per share, shares of our Series A convertible preferred stock, par value $0.0001

per share, or shares of our Series B convertible preferred stock, par value $0.0001 per share at the close of business on the

Record Date may vote at the Annual Meeting or any postponement or adjournment thereof. You will be able to attend the

Annual Meeting remotely by registering at www.proxydocs.com/LCID. Upon completing your registration, you will receive

further instructions via email, including a unique link that will allow you access to the Annual Meeting and to vote and submit

questions. As part of the registration process, you must enter the control number located on your proxy card, voting

instruction form, or Important Notice Regarding the Availability of Proxy Materials.

Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting to be held on

June 4, 2026 at 9:00 a.m. (Pacific Time)

via the internet at www.proxydocs.com/LCID

The Proxy Statement and the Company’s Annual Report to Stockholders are available at: www.proxydocs.com/

LCID.

We have determined that the Annual Meeting will be held in a virtual meeting format only, via the internet. If you plan to

participate in the virtual meeting, please see the Questions and Answers section below. Stockholders will be able to attend,

vote and submit questions (both before, and for a portion of, the meeting) via the internet.

In the event of an adjournment, postponement or emergency that may change the Annual Meeting’s time or date, we will

make an announcement, issue a press release or post information at www.lucidmotors.com to notify stockholders, as

appropriate. If you have any questions or need assistance in voting your shares, please write to Lucid Investor Relations at

7373 Gateway Boulevard, Newark, CA 94560 or by email at investor@lucidmotors.com.

Brian K. Tomkiel

General Counsel & Corporate Secretary

Newark, California

ALL STOCKHOLDERS ARE CORDIALLY INVITED TO VIRTUALLY ATTEND THE ANNUAL MEETING. WHETHER OR

NOT YOU EXPECT TO ATTEND THE ANNUAL MEETING, PLEASE COMPLETE, DATE, SIGN AND RETURN THE

PROXY CARD, OR VOTE OVER THE TELEPHONE OR INTERNET AS INSTRUCTED IN THOSE MATERIALS, AS

PROMPTLY AS POSSIBLE IN ORDER TO ENSURE YOUR REPRESENTATION AT THE ANNUAL MEETING. EVEN IF

YOU HAVE VOTED BY PROXY, YOU MAY STILL VOTE AT THE ANNUAL MEETING IF YOU ATTEND.

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