Robo.ai (AIIO) investor relations material

Company overview and business model

• Operates as a Cayman Islands holding company headquartered in Dubai, UAE, focusing on AI-powered intelligent asset platforms integrating smart vehicles, robotics, and blockchain.

• Historically developed electric vehicles (EVs) and is transitioning toward smart mobility, autonomous logistics, and eVTOL aircraft.

• Employs an asset-light manufacturing model via strategic partnerships, notably with W Motors and other OEMs, to reduce capital expenditures and accelerate product launches.

• Recent acquisitions include Neurovia AI (visual data infrastructure), QC Capital Limited (AI workforce and computing), and Aitos.io (decentralized infrastructure), expanding its AI and data capabilities.

Financial performance and metrics

• Net revenue declined sharply from $12.0M in 2024 to $1.0M in 2025, reflecting a 92.1% decrease due to strategic transformation and product line discontinuation.

• Net losses were $266.7M (2023), $172.7M (2024), and $167.6M (2025); accumulated deficit reached $904.4M by end-2025.

• Negative operating cash flows persisted: $(138.0)M (2023), $33.6M inflow (2024), $(5.1)M (2025); working capital deficit of $116.6M as of December 31, 2025.

• Substantial doubt exists about the ability to continue as a going concern, with ongoing reliance on external financing and unresolved litigation liabilities.

Use of proceeds and capital allocation

• No proceeds will be received from the resale of Class B shares by the selling shareholder; all proceeds go to the selling shareholder.

• Proceeds from the issuance of convertible notes are earmarked for general corporate purposes and working capital, with strict limits on debt repayment, share repurchase, or litigation settlement.