LUXEMBOURG – November 16, 2023 – Arrival (Nasdaq: ARVL) (“Arrival” or the
“Company”), inventor of a unique new method of design and production of electric vehicles
(“EVs”), today announces that Mr. Julian Nemirovsky has been appointed as a non-executive of
Arrival by the board of directors.Mr. Nemirovsky is the Founder and President of Long Castle Advisors, Corp., offering capital
structure and related consulting services to operationally challenged and liquidity constrained
businesses. He was formerly Head of Capital Markets at MacAndrews & Forbes, where he was
responsible for managing all capital-structure matters relating to the firm’s portfolio companies
and new investments. Prior to joining MacAndrews in 2020, he spent 8 years at MidOcean
Credit Partners, where he held the title of Principal and Portfolio Manager. In that role, he was
responsible for management of over $1 billion of assets across several opportunistic credit
strategies including long/short hedge funds and illiquid credit drawdown funds. Prior to joining
MidOcean in 2011, he was an Associate at Union Capital, a lower-middle market private equity
firm. He began his career in 2006 as an Analyst in Goldman Sachs’ Leveraged Finance group
within the Investment Banking division.Mr. Nemirovsky is currently a director of SIGA Technologies serving on the audit committee and
compensation committee.Mr. Nemirovsky holds a BBA from Baruch College and an MBA from the Tuck School of
Business (Dartmouth).
About Arrival
Arrival’s mission is to master a radically more efficient New Method to design, produce, sell and
service purpose-built electric vehicles, to support a world where cities are free from fossil fuel
vehicles. Arrival’s in-house technologies enable a unique approach to producing vehicles using
rapidly-scalable, local Microfactories. Arrival (Nasdaq: ARVL) is a joint stock company governed
by Luxembourg law.ContactsFor ArrivalMedia — [email protected]Investors — [email protected]