Company: REE
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001628280-25-025661
Chunk: 12

Company: REE Automotive Ltd.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 3
Chunk 12
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 event of any change in our business plan or primary business, it would impact our business projections and/or assumptions as further described in our risk factor titled “ Projections of REE’s operational or financial performance relies in large part on inherently uncertain assumptions that may not materialize, which could cause actual results to differ significantly”, including our expected gross profits from our anticipated newer activities compared to our prior activities, and we may not at all be successful in such new activities. If any of this were to occur, it would damage our reputation, and negatively affect our operating results and likely result in the failure of our business.

Projections of REE’s operational or financial performance relies in large part on inherently uncertain assumptions that may not materialize, which could cause actual results to differ significantly.

Any forecasts provided by REE represent management’s estimate of future performance at the time they are made. These forecasts are based on numerous assumptions and subject to a variety of risks and uncertainties, including assumptions about projected operating expense, the level of demand for REE’s products, the performance of REE’s products, the projected bill of materials for REE’s products and the bill of materials breakeven, each if and when REE resumes the manufacturing of its P7 vehicles, EBITDA positive assumptions, the projected gross margin achievable upon sale of REE’s products, the development and commercialization of REE’s products, potential market and sector opportunities, the production capacity of REE’s UK Integration Center and any future Integration Centers, if and when REE resumes manufacturing, the selection and purchase of REE’s products by customers and by segment, and growth in the various markets that REE is targeting. These assumptions represent REE’s best estimates but may prove inaccurate and there can be no assurance that the actual results will be in line with REE’s expectations. In addition, whether actual operating and financial results and business development will be consistent with REE’s expectations and assumptions as reflected in forecasts depends on a number of factors, many of which are beyond REE’s control, including, but not limited to:

• the extent to which projections of operating expenses will reflect the actual operating expenses and sale of REE products in the future;

• the extent to which REE can actualize the value proposition of REE products including, but not limited to, cost efficiencies related to its business model with limited capital expenditure requirements and projected total cost of ownership, and, if and when REE resumes the manufacturing of its vehicles, the availability of mission-specific vehicles that maximize cabin and