• Yesterday, FF successfully held the EAI Developer Ecosystem Forum and the strategic launch of the FF EAI Brain & Developer Platform in the San Francisco Bay Area, where the Company officially started recruiting co-builders for its developer ecosystem.
• BIBS (Boston International Business School) and FF have signed a MOU of strategic cooperation. The two parties plan to jointly establish the BIBS–FF AI and Robotics Institute and to hold a launch ceremony in early May at the University of Nebraska.

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 Co-CEO of FF.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260426892707/en/

Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: Outlines Progress on FF’s EAI Robotics Open-Source and Open Developer Platform

“For this issue 52, first, let me share an important progress on FF’s EAI open-source and open developer platform.

Yesterday, FF successfully held the EAI Developer Ecosystem Forum and the strategic launch of the FF EAI Brain & Developer Platform in the San Francisco Bay Area. We also officially started recruiting co-builders for our developer ecosystem. Our goal is to make robotics development as simple as mobile app development, and to fully advance the world’s first EAI developer platform designed for AI natives. We also aim to systematically reshape the value system of the AI education ecosystem and make 2026 the inaugural year of EAI robotics education.

As an important part of FF’s EAI “Three-in-One” strategy, our developer platform will include six major development tools and four core infrastructure systems. The six tools are: a block-based programming tool for K–12 young developers; an action skill creation tool based on teleoperation and video imitation; a language tool for building a robot’s personality and conversation style; a Skill Book tool that can generate Skills through natural language; EAI Studio, which supports the full process of data collection, training, testing, and inference; and the underlying SDK and API for professional engineers.

The four core infrastructure systems cover a unified capability interface, a Sim-to-Real evolution field, a data closed-loop engine, and a complete agile development and release toolchain. Together, they will greatly lower the barrier for developers to build EAI Agent Skills from zero to one.

We will focus on recruiting three types of developers:

1. First, K–12 students aged 6 to 18, as we advance the world’s first EAI robotics developer platform designed for AI natives, helping children truly grow from learners into creators;

2. Second, general developers, including use case experts, creators, geeks, and other interested users;

3. Professional developers, including engineers, research teams, university students in related majors, and partners.

Each category will also be divided into four levels: beginner, intermediate, advanced, and leader.

We hope this platform will create value at three levels: for users, by enabling agents to understand and execute tasks in the physical world—becoming smarter with use; for developers, by shifting the focus from writing code to building Skills, allowing modular components to be reused across scenarios and significantly shortening development cycles; and for the industry, by driving a paradigm shift from software applications to embodied intelligent systems, where developers, hardware, and models form a truly collaborative and symbiotic ecosystem.

In terms of incentives, the platform will offer highly competitive revenue-sharing ratios, with higher tiers receiving a greater share. We will also launch a developer incentive program—ranging from early-stage funding and open-source community rewards to hackathon incentives—to ensure that every developer who makes a meaningful contribution can truly benefit.

We welcome all to join the FF EAI developer ecosystem. Join us in shaping the future of Agents and the Skills Store in the era of embodied AI.

This week also brought good news on the development of the EAI education ecosystem: BIBS (Boston International Business School) and FF have signed a MOU of strategic cooperation. The two parties plan to jointly establish the BIBS–FF AI and Robotics Institute and to hold a launch ceremony in early May at the University of Nebraska—Warren Buffett’s alma mater—during this year’s Berkshire Hathaway Annual Shareholders’ Meeting in Omaha. The institute will be dedicated to training professionals for the AI and robotics industries and equipping young people, industry professionals, and entrepreneurs with strategic thinking, specialized knowledge, and practical skills in these fields. This is also an important step in expanding our EAI educational ecosystem to universities across the United States.

In addition, my children are beginning to receive their own Master humanoid robots and Aegis robotic dogs, which will support their first steps as developers in educational settings.

Next, Ke’er and Le’er will officially launch their journey as young developers in the K-12 education setting. I’ve always felt that when it comes to how robots will eventually find their way into homes and educational settings, children may figure it out faster than adults. I’ll keep you updated on their progress as it unfolds.

Next week, we will provide an update on April’s robot sales and shipment data. Thank you all. See you next week!”

ABOUT FARADAY FUTURE

Faraday Future is a California-based global intelligent Company founded in 2014 and is dedicated to reshaping the future of mobility through vehicle electrification, intelligent technologies, and AI innovation. Its flagship vehicle, the FF 91, began deliveries in 2023 and reflects the brand’s pursuit of ultra-luxury, cutting-edge technology, and high performance. FF’s second brand, FX, targets the high-volume mainstream vehicle market. Its first model, Super One, is positioned as a first-class EAI-MPV, with deliveries planned to begin in 2026. FF recently announced its entry into the Embodied AI Robotics business with sales beginning this year, connecting its future strategy of bringing a new era of EAI vehicles and EAI robotics. For more information, please visit 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 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 cover future warranty claims; 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-K filed with the SEC on March 31, 2025, and Form 10-Qs for the quarters ended June 30, 2025 and September 30, 2025 filed with the SEC on May 9, 2025, August 19, 2025 and November 21, 2025, respectively, and other documents filed by the Company from time to time with the SEC.

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