Fisker Lowers Price of Top-Level Fisker Ocean Extreme

Subsidized Price Affects Early Customers

Current Owners to Receive Price Adjustment

LOS ANGELES, March 18, 2024–Fisker Inc. (NYSE: FSR) ("Fisker")—a global electric vehicle company passionate about creating the world's most sustainable, innovative, and emotion-evoking vehicles—today announced a price adjustment for its top-level Fisker Ocean Extreme trim. Effective immediately, the Fisker Ocean Extreme can now be purchased for $68,999, down from its previous price of $69,999. This price adjustment also applies to existing Fisker Ocean Extreme reservation holders who have not yet received their vehicles.

"The Fisker Ocean Extreme is already the most fully featured variant of our Fisker Ocean SUV," said Henrik Fisker, Fisker Chairman and CEO. "With this price adjustment, we are providing even greater value to our customers who are looking for all Fisker Ocean has to offer."

The Fisker Ocean Extreme is the top-of-the-line model in the Fisker Ocean lineup. It features a host of premium amenities, including a panoramic sunroof, a premium audio system, and 22-inch alloys. It also comes standard with Fisker's advanced HyperRange all-wheel drive system, which provides up to 350 miles of range on a single charge.

The Fisker Ocean Extreme is available to order now. Customers can visit Fisker's website to reserve theirs today.