FFAI Weekly Convertible Note Update (Aug.

FFAI Weekly Convertible Note Update (Aug. 22–28):

From August 22 through August 28, 2026, FFAI convertible note investors converted an aggregate principal and interest amount of approximately $1,005,008, resulting in the issuance of 201,002 shares of common stock, at an average conversion price of $5.00 per share.

FFAI will continue to provide transparent weekly updates on convertible note conversions and maintain a disciplined approach to capital management. While addressing the Company’s capital needs, FFAI remains focused on actively managing potential shareholder dilution and supporting long-term shareholder value.