LUCID GROUP, INC. INVESTORS WITH LOSSES HAVE UNTIL JULY 28, 2026 TO JOIN SECURITIES CLASS ACTION – Bernstein Liebhard LLP Announces Deadline

Bernstein Liebhard LLP reminds Lucid Group, Inc. (“Lucid” or the “Company”) (NASDAQ: LCID) investors of the July 28, 2026 deadline involving a securities fraud class action lawsuit commenced against the Company.

Do you, or did you, own shares of Lucid Group, Inc. (NASDAQ: LCID)? Did you purchase your shares between February 25, 2026 and April 13, 2026, inclusive? Did you lose money in your investment in Lucid Group, Inc.? Investors are encouraged to act promptly and submit a form at Lucid Group, Inc. Shareholder Class Action Lawsuit or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or [email protected].

If you wish to serve as lead plaintiff for the Class, you must file papers by July 28, 2026. A lead plaintiff is a representative party acting on other class members’ behalf in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member. All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

A lawsuit was filed on behalf of investors (the “Class”) who purchased or acquired the securities of Lucid between February 25, 2026 and April 13, 2026, inclusive, alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its senior officers. The lawsuit alleges that defendants made materially false and misleading statements and omissions regarding the Company’s business operations, growth prospects, and financial stability. As a result of these alleged misrepresentations, Lucid securities traded at artificially inflated prices during the Class Period. When the truth was disclosed, investors allegedly suffered significant losses.

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for sixteen consecutive years.