Transforming a World-Class Manufacturing Footprint We are building our electric future by leveraging our existing manufacturing footprint as well as building new plants for battery cell production. We plan to rapidly scale EV manufacturing. Globally, we are adding battery assembly/pack facilities to our existing sites in North America and China and converting some propulsion facilities to the manufacturing of drive units. Since 2020, we have announced investments totaling more than $14 billion in 10 sites across North America to increase our manufacturing capacity in the region to more than 1 million EVs annually by the end of 2025. This is a key step to deliver on our target to achieve carbon neutrality in our global products and operations by 2040. We believe that leveraging established assembly plants for EV production reduces capital expenditures up to $1.5 billion per assembly plant versus building an all-new plant and enables us to go into vehicle production in less than half the time required of a greenfield plant. GM is investing $7 billion in four Michigan manufacturing sites, significantly increasing battery cell and electric truck manufacturing capacity. This is the single largest investment announcement in GM history. The investment includes construction of a new Ultium Cells battery cell plant in Lansing, Michigan and the conversion of GM’s assembly plant in Orion Township, Michigan for production of the Chevrolet Silverado EV and the electric GMC Sierra, GM’s second assembly plant scheduled to build full-size electric pickups. In 2021, we also announced the Wallace Battery Cell Innovation Center, an all-new facility is expected to significantly expand our battery technology operations and accelerate the development and commercialization of longer- range, more affordable EV batteries. The Center, located at our Global Technical Center in Warren, Michigan, is slated to be completed in mid-2022. The latest addition of 50,000 square feet brings the Center to 85,000 total square feet as demand for EVs increases. Investing in an All-Electric Future (Projects completed, in progress or announced through the first quarter of 2022 in the United States as examples of our transformation) By the end of 2025, GM plans to have more than 1 million units of EV capacity in North America. This is in addition to more than 1 million units of EV capacity in China over the same time frame. Battery Cell Manufacturing 1 Lansing, Michigan New $2.6 billion plant to supply battery cells to Orion and other GM assembly plants. Factor y ZERO Detroit Hamtramck, Michigan Retooling of existing manufacturing facility, representing a $2.3 billion investment. Electric Motor Component Plant Lockport, New York Renovation and new equipment installation, a $154 million investment. Battery Cell Manufacturing 1 Lordstown, Ohio A $2.3 billion investment to mass-produce Ultium battery cells. EV Truck Assembly Orion, Michigan Retooling of existing manufacturing facility through a $4 billion investment. EV Assembly Spring Hill, Tennessee A $2.3 billion retooling of an existing manufacturing facility. Battery Cell Manufacturing 1 A $2.3 billion investment to supply batteries to the Spring Hill assembly plant. Die Casting Foundry Bedford, Indiana More than $51 million invested to support drive unit castings for Silverado EV. 1 B uilt through Ultium Cells LLC (an equally owned joint venture with LG Energy Solution) Our manufacturing investments in four Michigan manufacturing sites are expected to create 4,000 new jobs and retain 1,000 jobs in Michigan. Skip Navigation Introduction Reducing Emissions Design for Environment Technology Customers Safety Diverse Workforce Human Rights Supply Chain Communities Governance 2021 SUSTAINABILITY REPORT 22