Ann: Response to ASX Query - First commercial Ultranode order, page-213

A design freeze in the automotive industry is a critical milestone in the product development process. It marks the point at which the design of a vehicle is finalized and no further changes can be made to the design specifications¹. This ensures that the design is locked in and ready for the next stages of development, such as prototyping, testing, and production planning.

The design freeze is essential for several reasons:

1. Stability: It provides a stable reference point for all subsequent development activities.
2. Cost Control: Prevents costly changes and rework by ensuring that all design decisions are made and agreed upon before moving forward.
3. Timeline Adherence: Helps keep the project on schedule by avoiding delays caused by last-minute design changes.
4. Quality Assurance: Ensures that the design meets all required standards and specifications before production begins.

In summary, a design freeze is a crucial step in ensuring that a car’s design is thoroughly vetted and ready for the next phases of development and production