Lucid registers resale of shares held by Ayar (PIF) and Uber's SMB; no new issuance

Lucid Group, Inc.

Registered for resale up to 55,000 Series C Convertible Preferred shares held by Ayar (PIF affiliate).
Registered 51,651,489 Class A common shares issuable on conversion of Series C as of June 30, 2026.
Registered 24,038,462 Class A common shares held by SMB Holding (Uber subsidiary) from April 14, 2026 private placement.
No new shares issued by Lucid; registration fulfills contractual obligations; holders not obligated to sell.
Transfer restrictions: SMB shares locked until Oct 2027; Ayar shares (preferred and conversion shares) locked until Apr 2027.

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