Lucid Group, Inc. — Director's Dealing 2025

Jun 6, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lucid Group, Inc. (LCID)
CIK: 0001811210
Period of Report: 2025-06-04

Reporting Person: Alnowaiser Turqi A. (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-06-04	Class A Common Stock	F	4973	$2.19	Disposed	2209119	Direct
2025-06-05	Class A Common Stock	A	108713	—	Acquired	2317832	Direct
2025-06-05	Class A Common Stock	A	6442	—	Acquired	2324274	Direct

Footnotes

F1: Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the vesting of restricted stock units previously reported on Form 4s
filed by the reporting person.

F2: The reporting person is deemed a beneficial owner of 10% of the issued and outstanding shares of Class A Common Stock of the Issuer because the reporting person has voting power over 2,248,197,909 shares of Class A Common Stock (the "Ayar Shares") beneficially owned by Ayar Third Investment Company ("Ayar"), a wholly-owned subsidiary of The Public Investment Fund ("PIF"), pursuant to authority delegated to him as a co-manager of Ayar, as reported on the Schedule 13D/A filed with the Securities and Exchange Commission on April 10, 2025, by the PIF. The reporting person does not have, and disclaims, any pecuniary interest in such Ayar Shares.

F3: These restricted stock units ("RSUs") will vest in full on the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the next annual meeting of stockholders held after the date of grant, in each case, subject to the reporting person's continued service on the board of directors through the applicable vesting date.

F4: RSUs are settled in shares of Class A Common Stock on a one-for-one basis.

F5: These RSUs vest in full on the date of the grant in connection with past service.