· 纳斯达克通知不会对公司普通股（股票代码：“FFAI”）在纳斯达克资本市场的持续上市状态产生影响。公司计划在规定期限内采取一切必要措施以恢复合规。

· 公司明确表示，坚决反对合股，除非绝对必要，并对最终不合股即恢复合规充满信心。

北京时间3月21日——总部位于美国加州的全球EAI公司Faraday Future Intelligent Electric Inc.（纳斯达克代码：FFAI）（以下简称“Faraday Future”“FF”或“公司”）今日宣布, 公司收到纳斯达克证券市场有限责任公司（下称“纳斯达克”）通知，指其A类普通股连续30个交易日未能达到每股1.00美元的最低收盘价要求。根据纳斯达克上市规则5810(c)(3)(A)，公司获准在180个日历日内进行整改，以恢复合规。当前整改期限至2026年9月16日（星期三）止，公司需在此期限内使其A类普通股收盘报价在至少连续10个交易日内达到或高于每股1.00美元。如纳斯达克工作人员行使酌情权，连续达标交易日要求可能会延长至最多20个交易日。

纳斯达克的延期通知不会对公司A类普通股（股票代码：“FFAI”）在纳斯达克资本市场的持续上市资格产生即时影响。若在180天整改期内的任何时间，公司A类普通股的收盘报价在至少连续10个交易日内达到或高于每股1.00美元（除非纳斯达克方面将该期限延长至最多20个交易日），纳斯达克将向公司出具书面合规确认，该事项将随之结案。

FF始终致力于全面遵守纳斯达克的所有上市要求，并将持续密切关注公司股价表现。公司将在规定期限内采取一切必要措施恢复合规，包括加速业务执行、推进战略举措，以及继续打击潜在的非法做空行为与市场操纵行为。公司明确表示，坚决反对合股，除非绝对必要，并对最终不合股即恢复合规充满信心。

Faraday Future Confirms Receipt of Minimum Bid Deficiency Notice and 180-Day Extension from Nasdaq to Meet The $1 Per Share Minimum Bid Price Requirement

· Nasdaq's notice has no immediate effect on the continued listing status of the Company's common stock on the Nasdaq Capital Market under the symbol "FFAI" and the Company plans to take all necessary actions within the prescribed period to regain compliance.

Los Angeles, CA (March 20, 2026) -- Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, announced today that the Company has received a notice from the Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company’s Class A common stock failed to meet the  $1.00 per share minimum bid price requirement 30 consecutive trading days, and providing 180 days to regain compliance, as outlined in Nasdaq Listing Rule 5810(c)(3)(A). The Company now has until Wednesday Sept. 16, 2026, to meet the requirement for its shares of its Class A common stock to maintain a closing bid price of at least US$1.00 per share for a minimum of ten consecutive trading days, unless the Nasdaq staff exercises its discretion to extend this ten trading day period (up to as many as 20 trading days).

Nasdaq's extension notice has no immediate effect on the continued listing status of the Company's Class A common stock on the Nasdaq Capital Market LLC under the symbol "FFAI". If at any time during the additional 180-day extension, the bid price of the Company's Class A common stock closes at or above $1.00 per share for a minimum of ten consecutive trading days (unless the Nasdaq staff exercises its discretion to extend this ten business day period to up to as many as 20 trading days), Nasdaq will provide the Company with a written confirmation of compliance and the matter will be closed.

FF remains committed to full compliance with all Nasdaq listing requirements and will continue to monitor its share price closely. The Company will take all necessary actions within the prescribed period to regain compliance. This includes accelerating its business execution and advancing its strategic initiatives and fighting against potentially illegal short selling and market manipulation. The Company firmly opposes implementing a reverse split unless absolutely necessary, but is confident that it will regain compliance.

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 “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. Forward-looking statements are based on the Company’s current plans and expectations and involve risks and uncertainties which are, in many instances, beyond the Company’s control, and which could cause actual results to differ materially from those included in or contemplated or implied by the forward-looking statements. Such risks and uncertainties include, among others, the failure to timely regain compliance with the $1.00 per share minimum bid price requirement, the need to implement a reverse stock split to regain compliance, the potential failure to obtain stockholder approval for a reverse stock split, automatic delisting that would occur if the Company’s Class A common stock closes at $0.10 per share or less for ten consecutive trading days, and the other risks, uncertainties and factors detailed in the Company’s filings with the SEC, including the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, 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.. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

CONTACTS:

Investors (Chinese): cn-ir@faradayfuture.com

Media: john.schilling@ff.com

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