REE Automotive .(REE) - 2023 Q4 - Annual Report

Exhibit 99.2 Sha r eholde r l e t t e r Q 4 an d ful l y ea r 2023 W orld ’ s Firs t Certified All - by - Wire - Controlled Vehicle P owe r e d b y REE® REE has a cc omplis h ed t h e majo r i t y of its miles t o n es, set ti n g t h e p ath f or sustainable g r o w th Busin ess Technology Ope r ation F ina n c e P7 - C customers are eligible for federal and state incentives of over 100,000900100,000 900% g r o wth Y oY o r der book v alue O rder book v alue e x c eeds 50 million 1 Dealer network continues to expa ...