Net Element Inc. Post-Merger Company Vehicle Recognized as ZEVA EV Award Finalist

Net Element’s NETE post-merger company, Mullen Technologies Inc., announced that its Mullen FIVE EV crossover has been named as a finalist in elite awards presented by the LA Auto Show. The electric vehicle was selected as a finalist for the top EV SUV category in the ZEVA(TM) (“ZEVA”) People’s Choice Awards; public voting is being conducted now through Nov. 5, 2021.

THE ZEVAs is the official electric vehicle award of the LA Auto Show, which is recognized as the nation’s preeminent showcase for new zero-emission vehicles (“ZEV”). The FIVE EV Crossover will debut at the LA Auto Show on Nov. 17, 2021, where the vehicle will be showcased in the South Hall on the first day of the show, which is open specifically for international media and press; it will continue to be displayed throughout the length of the show, which is scheduled to run Nov. 19–28, 2021. As part of the display, Mullen will include multiple variants of the FIVE model as well as showcase powertrain, battery, and charging technology.

Final ZEVA award winners will be announced on Nov. 16, 2021. “I am pleased to announce the Mullen FIVE is now one of three finalists for the top SUV category from the LA Auto Shows ZEVA Awards,” said Mullen Automotive CEO and chair David Michery in the press release. “We are very excited to debut the FIVE coming up in just a few weeks at the LA Auto Show. We are looking forward to our debut and seeing consumer and media reaction to the FIVE.”

To view the full press release, visit https://ibn.fm/ti9eJ

About Net Element Inc.

Net Element operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the United States and selected emerging markets. In the United States, the company aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, its cloud-based, restaurant and retail point-of-sale solution. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest-growing companies in North America on Deloitte’s 2017 Technology Fast 500(TM) and by “South Florida Business Journal” as one of 2016’s fastest-growing technology companies.

For additional information about the company, visit www.NetElement.com.

NOTE TO INVESTORS: The latest news and updates relating to NETE are available in the company’s newsroom at http://ibn.fm/NETE

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