Faraday Future Approves Share Authorization to Back 2026 FX Super One and EAI Robotics

Faraday Future Advances Strategic Growth with Stockholder Approval and Dual-Track EAI Mobility and Robotics Initiatives

Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF,” or the “Company”), a pioneering California-based global shared intelligent electric mobility ecosystem company, has announced significant progress in its corporate governance and operational strategy following the results of its Special Meeting of Stockholders held on February 13, 2026. This meeting marked a critical juncture for the Company as it prepares to scale both its vehicle and robotics businesses, strengthen its financial flexibility, and continue advancing its mission to redefine mobility through electrification and artificial intelligence (AI) innovation.

At the Special Meeting, stockholders of Faraday Future approved a key proposal to increase the number of authorized shares of the Company’s Class A and Class B common stock, as well as its preferred stock. This approval grants Faraday Future the additional authorized share capacity necessary to support the Company’s near-term capital requirements and strategic growth initiatives. Importantly, the additional authorization does not, in itself, result in the issuance of new shares but provides management with greater flexibility to pursue various corporate and financial strategies aligned with Faraday Future’s 2026 business objectives.

The approval of additional authorized shares is a strategic step aimed at strengthening Faraday Future’s ability to execute its comprehensive capital planning initiatives. It enables the Company to meet existing obligations to issue Class A common stock and positions it for potential future financings, strategic transactions, stock issuances under employee benefit plans, and other corporate purposes deemed appropriate by management and the Board. In essence, this action equips Faraday Future with the tools needed to efficiently manage equity capital, attract investment, and implement its ambitious operational roadmap without unnecessary constraints.

A central focus for Faraday Future in 2026 is the advancement of its FX Super One vehicle program. The FX Super One represents the Company’s flagship high-volume, mainstream electric vehicle model under its FX brand, which complements its ultra-luxury FF 91 model. The additional share authorization directly supports the execution of milestones related to the production ramp-up, final assembly preparations, and initial deliveries of the FX Super One, slated for this year in the United States. Faraday Future’s strategy emphasizes not only the timely delivery of vehicles but also the seamless integration of cutting-edge intelligent systems designed to deliver a first-class experience for consumers in the EAI-MPV segment.

In parallel with its automotive ambitions, Faraday Future is advancing its foray into the Embodied AI (EAI) robotics sector. The Company recently launched its first series of embodied AI robotic products and has commenced accepting paid, non-binding pre-orders. Initial deliveries are expected to begin within the current month, signaling a pivotal moment in the commercialization of the Company’s robotics innovations. The launch underscores Faraday Future’s broader vision of creating a dual-track ecosystem where intelligent vehicles and robotic systems complement one another, leveraging AI and smart automation to redefine the future of mobility and personal assistance.

Production preparation for the Company’s embodied AI robotics products is currently underway. This phase involves a combination of manufacturing readiness, customization to meet customer requirements, rigorous testing, and AI data training. Faraday Future’s approach emphasizes iterative development, ensuring that both hardware and software components are optimized before the full-scale commercial rollout. The Company believes that its dual-track strategy—simultaneously advancing the FX Super One vehicle program and its robotics product line—positions it uniquely in the marketplace as a leader in both intelligent electric mobility and embodied AI solutions.

Faraday Future’s corporate strategy is underpinned by its “Bridge Strategy” agreements, which provide financial and operational support to accelerate key program milestones. These agreements have been updated to align with the Company’s 2026 priorities, ensuring that production readiness, assembly operations at the FF AI-Factory in California, and pre-delivery activities for both vehicle and robotics programs are fully supported. The FF AI-Factory itself is a critical component of the Company’s infrastructure, designed to accommodate both traditional automotive production and the complex assembly requirements of AI-enabled robotic systems. This integrated approach demonstrates Faraday Future’s commitment to operational efficiency, scalability, and the convergence of mobility and AI technologies under a single ecosystem.

The approval of additional authorized shares also provides Faraday Future with strategic financial flexibility to support its broader 2026 business initiatives. These include potential equity financings to fund production scale-up, investment in research and development, acquisitions, and other strategic transactions that may arise as the Company continues to expand its footprint in the electric vehicle and robotics markets. By equipping the Company with the ability to access and deploy capital effectively, stockholders have reinforced the Company’s capacity to respond dynamically to market opportunities and technological innovation.

Faraday Future was founded in 2014 in California with the mission of reshaping the future of mobility through electrification, intelligent technologies, and AI-driven innovation. The Company first gained recognition with the launch of its FF 91 model, which began deliveries in 2023. Positioned in the ultra-luxury segment, the FF 91 showcases the Company’s dedication to high-performance electric vehicles integrated with intelligent, connected technologies. This model set the foundation for Faraday Future’s vision of combining cutting-edge engineering with an immersive user experience, reinforcing the Company’s reputation for technological sophistication and premium quality.

Expanding beyond the luxury segment, Faraday Future introduced the FX brand to target high-volume, mainstream electric vehicles, with the Super One model as the inaugural offering. The FX Super One is a first-class EAI-MPV, designed to combine affordability, intelligent features, and advanced electric propulsion systems to appeal to a broader consumer base. Initial deliveries of the FX Super One are scheduled for 2026 in the U.S., and the Company is actively working to achieve production readiness, streamline supply chains, and ensure that the vehicle meets all regulatory and safety standards. This strategy reflects Faraday Future’s commitment to scaling operations while maintaining the performance, design, and technological standards that define the brand.

The simultaneous launch of the embodied AI robotics line reflects Faraday Future’s ambition to create a fully integrated intelligent ecosystem. These robots are designed to operate as extensions of the Company’s AI-driven mobility ecosystem, offering services that range from personal assistance and domestic support to advanced automation in commercial environments. By initiating pre-orders and preparing for initial deliveries, Faraday Future is taking concrete steps to commercialize its robotics innovation, complementing its automotive business and driving new revenue streams.

Looking forward, Faraday Future’s dual-track strategy positions the Company to capitalize on the convergence of electric mobility and intelligent robotics. By developing a pipeline of vehicles and AI-enabled robotic solutions, Faraday Future aims to establish a holistic ecosystem where intelligent technologies enhance both personal and commercial experiences. This vision is aligned with the Company’s broader mission to redefine mobility, not just as a means of transportation, but as a comprehensive intelligent ecosystem where vehicles, robotics, and AI work seamlessly together to improve convenience, efficiency, and safety.

In summary, the approval of additional authorized shares at the Special Meeting of Stockholders represents a critical step for Faraday Future as it advances its strategic agenda for 2026. The Company is now positioned with enhanced financial flexibility to execute its capital planning priorities, support the launch of the FX Super One, and bring its embodied AI robotics products to market. By simultaneously pursuing these dual-track initiatives, Faraday Future reinforces its commitment to innovation, intelligent mobility, and the creation of a connected, AI-driven ecosystem.

With a foundation built on technological excellence, operational execution, and strategic foresight, Faraday Future continues to shape the future of intelligent electric mobility and embodied AI robotics. As the Company progresses toward vehicle mass production and robotics commercialization, stakeholders can anticipate continued innovation, market expansion, and the realization of Faraday Future’s vision of a fully integrated intelligent mobility ecosystem.

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