Lion Electric ("Lion" or the "Company") and Northern Genesis Acquisition Corp. ("NGA") announced the completion of their previously announced business combination (the "Business Combination"). The Business Combination was approved by NGA stockholders at a special meeting held on April 23, 2021. Marc Bédard will continue to lead Lion's management team, overseeing the Company's strategic growth initiatives and expansion. He will be supported by Lion's existing executive officers: Nicolas Brunet, Executive Vice-President & Chief Financial Officer, Yannick Poulin, Chief Operating Officer and François Duquette, Vice President, Chief Legal Officer and Corporate Secretary. Marc Bédard and Pierre Larochelle will be joined by Northern Genesis' Ian Robertson and Chris Jarratt on a newly formed board of directors consisting of eight directors, including six existing Lion Board members.