Embark Releases Webcast From Embark Day Showcasing Business And Technology Progress To Accelerate Rollout Of Autonomous Trucking

Company Hosted Over 20 On-Highway Autonomous Truck Demonstrations

Former Secretary of Transportation and Embark Board Member Elaine Chao Discussed AV Policy in Fireside Chat

Webcast Featuring ‘Embark Day’ Presentations Made Available for Investor Access

Embark Trucks Inc. a leading developer of autonomous software technology for the trucking industry, hosted investors, analysts, media, and partners at its San Francisco headquarters for Embark Day, the company’s inaugural behind-the-scenes conference with deep access and insight into its technology and business. ­

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Attendees were given the opportunity to experience Embark’s technology first-hand and ride in an Embark-equipped self-driving truck on a 57-mile loop around the East Bay area in Northern California. The demonstration featured a variety of real-life road scenarios and complex maneuvers, including driving on surface streets, navigating heavy traffic, passing through a tunnel, and seamlessly driving through stretches of road without lane markers.

The investor-focused event featured the following sessions, all of which can be viewed here:

• A detailed business update from Embark CEO Alex Rodrigues and CFO Richard Hawwa, including an overview of the Company’s technology, business plan, and partnership strategy.
• A panel discussion with Embark Advisory Board Members Terry Kline, former CIO, Navistar; Michele Meyer, former President & SVP, Snacks Operating Unit, General Mills; and Mike Pigors, former Region President, US Domestic and US International Operations, FedEx.
• Insights from existing Embark investor and Partner at Sequoia Capital, Pat Grady.
• An in-depth look at the Company’s differentiated go-to-market partnership strategy with Embark Head of Business Development, Sam Abidi.
• A fireside chat with the Honorable Elaine Chao, Former U.S. Secretary of Transportation and Labor, hosted by Embark Head of Policy & Communications, Jonny Morris.

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Embark previously announced its entry into a definitive business combination with Northern Genesis Acquisition Corp. II (NYSE: NGAB) (“Northern Genesis 2”). The closing of the Business Combination is expected in the second half of 2021 and remains subject to the approval of the shareholders of Northern Genesis Acquisition Corp. II shareholders and the satisfaction or waiver of other customary closing conditions. Northern Genesis Acquisition Corp. II last week announced that the close of business on October 6, 2021, has been set as the record date for the determination of stockholders eligible to receive the proxy and vote at the special meeting to be held to consider and approve the merger with Embark. Upon the closing of the Business Combination, Embark will be listed on the Nasdaq under the new ticker symbol, “EMBK.”

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