Exchange Bulletin

The Lion Electric Company (LEV.WT) To Trade On Toronto Stock Exchange

July 6, 2021
Issuer: The Lion Electric Company (the "Company")
Security: Common Share purchase warrants (the "Warrants")
Symbol: LEV.WT
Exercise: Further to TSX bulletin 2021-0453 dated May 5, 2021 (the "Bulletin"), TSX has been advised that the Warrants will become exercisable on August 20, 2021 (being 12 months from the closing of NGA's initial public offering), and not 30 days following the consummation of the Business Combination, as previously stated in the Bulletin.
Disclosure documents: The Warrant Agreement dated August 7, 2020 and the Assignment and Assumption Agreement entered into and effective as of May 6, 2021, which are available at Capitalized terms not otherwise defined herein are as defined in the Bulletin.
TSX contact: Chris Birkett,
Managing Director,
Toronto Stock Exchange