PUBLIC INVESTMENT FUND - 09 Dec 2022 Form 3 Insider Report for Lucid Group, Inc. (LCID)

Role: Director, 10%+ Owner
Signature: The Public Investment Fund, /s/ H.E. Yasir O. Al Rumayyan, Governor
Issuer symbol: LCID
Transactions as of: 09 Dec 2022
Net transactions value: $0
Form type: 3
Filing time: 19 Dec 2022, 16:21:58 UTC
Next filing: 27 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	LCID	Class A Common Stock						8,041,393	09 Dec 2022	Direct
holding	LCID	Class A Common Stock						1,015,252,523	09 Dec 2022	By Ayar Third Investment Company	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Ayar Third Investment Company ("Ayar") is a wholly-owned subsidiary of The Public Investment Fund of Saudi Arabia ("PIF"), and as such PIF may be deemed to beneficially own the Shares held by Ayar. In addition, H.E. Yasir O. Al Rumayyan is the Governor of PIF and the sole manager of Ayar and may be deemed to beneficially own the Shares by virtue of his power to vote the Shares. This report relates to the direct purchase by PIF of 8,041,393 Shares. The Shares shown as held by Ayar have been previously reported.

Content

Ayar Third Investment Company ("Ayar") is a wholly-owned subsidiary of The Public Investment Fund of Saudi Arabia ("PIF"), and as such PIF may be deemed to beneficially own the Shares held by Ayar. In addition, H.E. Yasir O. Al Rumayyan is the Governor of PIF and the sole manager of Ayar and may be deemed to beneficially own the Shares by virtue of his power to vote the Shares. This report relates to the direct purchase by PIF of 8,041,393 Shares. The Shares shown as held by Ayar have been previously reported.

Remarks:

PIF may be deemed a director by deputization, as Turqi A. Alnowaiser, an employee of PIF, serves as a representative of Ayar on the Board of Directors of the Issuer.