#1sapportenditcoindepot.com 4 (Call or Text Investor Day Presentation January 2023 BITCOIN DEPOT ABOGD BitcoinDepot.com BITCOIN DEPOT BitcoinDepot.com BITCOIN DEPOT GSR II METEORA ACQUISITION CORP.#2Disclaimer For the purposes of this notice, this "presentation" will mean and include the slides, any oral presentation of the slides by members of management of GSR II Meteora Acquisition Corp. ("GSRM") or Lux Vending, LLC d/b/a Bitcoin Depot (the "Company" or "Bitcoin Depot") or any person on their behalf, any question-and-answer session that follows that oral presentation, hard copies of this document and any materials distributed at, or in connection with, that presentation. By attending the meeting where the presentation is made, or by reading the presentation slides, you will be deemed to have (i) agreed to the following limitations and notifications and made the following undertakings and (ii) acknowledged that you understand the legal and regulatory sanctions attached to the misuse, disclosure or improper circulation of this presentation. Confidentiality: This presentation is preliminary in nature and provided solely for informational and discussion purposes only and must not be relied upon for any other purposes. This presentation is intended solely for investors that are qualified institutional buyers (as defined in Rule 144A under the Securities Act of 1933, as amended (the "Securities Act")), institutional accredited investors (as defined under Regulation D as promulgated under the Securities Act) and eligible institutional investors outside the U.S. and has been prepared for the purposes of familiarizing such investors with the potential business combination (the "Business Combination") between GSRM and the Company and related transactions, including the proposed private offering of GSRM's or the Company's securities (the "PIPE" and together with the Business Combination, the "Proposed Transactions") and for no other purpose. The release, reproduction, publication or distribution of this presentation, in whole or in part, or the disclosure of its contents, without the prior consent of the Company and GSRM is unlawful and prohibited. Persons who possess this document should inform themselves about and observe any such restrictions. Each recipient acknowledges that it is (a) aware that the United States securities laws prohibit any person who has material, non-public information concerning a company from purchasing or selling securities of such company or from communicating such information to any other person under circumstances in which it is reasonably foreseeable that such person is likely to purchase or sell such securities, and (b) familiar with the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder (collectively, the "Exchange Act"), and that the recipient will neither use, nor cause any third party to use, this presentation or any information contained herein in contravention of the Exchange Act, including, without limitation, Rule 10b- 5 thereunder. By accepting this presentation, each recipient agrees: (i) that the information included in this presentation is confidential and may constitute material non-public information, (ii) to maintain the confidentiality of all information that is contained in this presentation and not already in the public domain and (iii) to use this presentation for the sole purpose of evaluating the Company and the Proposed Transactions. No Offer or Solicitation: This presentation and any oral statements made in connection with this presentation do not constitute an offer to sell, or the solicitation of an offer to buy, or a recommendation to purchase, any securities in any jurisdiction, or the solicitation of any proxy, consent or approval in any jurisdiction in connection with the Proposed Transactions, nor shall there be any sale, issuance or transfer of any securities in any jurisdiction where, or to any person to whom, such offer, solicitation or sale may be unlawful under the laws of such jurisdiction. This presentation does not constitute either advice or a recommendation regarding any securities. Any offer to sell securities pursuant to the PIPE will be made only pursuant to a definitive subscription or purchase agreement and will be made in reliance on an exemption from registration under the Securities Act for offers and sales of securities that do not involve a public offering. GSRM and the Company reserve the right to withdraw or amend for any reason any offering and to reject any subscription or purchase agreement for any reason. The communication of this presentation is restricted by law; in addition to any prohibitions on distribution otherwise provided for herein, this presentation is not intended for distribution to, or use by any person in, any jurisdiction where such distribution or use would be contrary to local law or regulation. The contents of this presentation have not been reviewed by any regulatory authority in any jurisdiction. No Representations or Warranties: No representations or warranties, express or implied, are given in, or in respect of, this presentation or as to the accuracy, reasonableness or completeness of the information contained in or incorporated by reference herein. To the fullest extent permitted by law, in no circumstances will GSRM, the Company or any of their respective affiliates, directors, officers, employees, members, partners, shareholders, advisors or agents be responsible or liable for any direct, indirect or consequential loss or loss of profit arising from the use of this presentation, its contents (including the internal economic models), its omissions, reliance on the information contained within it, or on opinions communicated in relation thereto or otherwise arising in connection therewith. Certain information contained herein has been derived from sources prepared by third parties. While such information is believed to be reliable for the purposes used herein, none of the Company, GSRM or any of their respective affiliates, directors, officers, employees, members, partners, shareholders, advisors or agents has independently verified the data obtained from these sources or makes any representation or warranty with respect to the accuracy of such information. Recipients of this presentation are not to construe its contents, or any prior or subsequent communications from or with GSRM, the Company or their respective representatives as investment, legal or tax advice. In addition, this presentation does not purport to be all-inclusive or to contain all of the information that may be required to make a full analysis of the Company, GSRM or the Proposed Transactions. Recipients of this presentation should each make their own evaluation of the Company, GSRM or the Proposed Transactions and of the relevance and adequacy of the information and should make such other investigations as they deem necessary. Recipients are not entitled to rely on the accuracy or completeness of this presentation and are entitled to rely solely on only those particular representations and warranties, if any, which may be made by GSRM or the Company to a recipient of this presentation or other third party in a definitive written agreement, when, and if executed, and subject to the limitations and restrictions as may be specified therein. You should consult your own counsel and tax and financial advisors as to legal and related matters concerning the matters described herein, and, by accepting this presentation, you confirm that you are not relying upon the information contained herein to make any decision. Any representations, warranties, agreements or covenants between the recipient and any parties involved in the Proposed Transactions will be set forth in definitive agreements by and among such persons. The Company and GSRM expressly disclaim any duty to update the information contained in this presentation, whether as a result of new information, future events or otherwise. BITCOIN DEPOT 2#3Disclaimer Forward-Looking Statements: This presentation includes "forward-looking statements" within the meaning of the federal securities laws, including, but not limited to, opinions and projections prepared by the Company's and GSRM's management. Forward-looking statements generally relate to future events or the Company's or GSRM's future financial or operating performance, including pro forma and estimated financial information, and other "forward-looking statements" (as such term is defined in the Private Securities Litigation Reform Act of 1995). For example, projections of future EBITDA, Adjusted EBITDA and other metrics are forward-looking statements. The recipient can identify forward-looking statements because they typically contain words such as "outlook," "believes," "expects," "will," "projected," "continue," "increase," "may," "should," "could," "seeks," "predicts," "intends," "trends," "plans," "estimates," "anticipates" or the negatives or variations of these words or other comparable words and/or similar expressions (but the absence of these words and/or similar expressions does not mean that a statement is not forward-looking). These forward-looking statements specifically include, but are not limited to, statements regarding estimates and forecasts of financial and performance metrics, projections of market opportunity and market share, potential benefits of the Proposed Transactions and the potential success of the Company's strategy and expectations related to the terms and timing of the Proposed Transactions. Forward-looking statements, opinions and projections are neither historical facts nor assurances of future performance. Instead, they are based only on the Company's and GSRM's current beliefs, expectations and assumptions regarding the future of their respective businesses and of the combined company, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company's or GSRM's control. These uncertainties and risks may be known or unknown. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: changes in domestic and foreign business, market, financial, political and legal conditions; the inability of the parties to successfully or timely consummate the proposed business combination, including the risk that any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect the combined company or the expected benefits of the proposed business combination or that the approval of the shareholders of GSRM or Bitcoin Depot is not obtained; failure to realize the anticipated benefits of the proposed business combination; risks relating to the uncertainty of the projected financial information with respect to Bitcoin Depot; future global, regional or local economic and market conditions; the development, effects and enforcement of laws and regulations; Bitcoin Depot's ability to manage future growth; Bitcoin Depot's ability to develop new products and services, bring them to market in a timely manner, and make enhancements to its platform; the effects of competition on Bitcoin Depot's future business; the amount of redemption requests made by GSRM's public shareholders; the ability of GSRM or the combined company to issue equity or equity-linked securities in connection with the proposed business combination or in the future; the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries; and those factors described or referenced in GSRM's final initial public offering prospectus dated February 24, 2022 and its most recent Quarterly Report on Form 10-Q for the quarter ended September 30, 2022, in each case, under the heading "Risk Factors," and other documents of GSRM filed, or to be filed, from time to time with the SEC. If any of these risks materialize or the Company's or GSRM's assumptions prove incorrect, actual results could differ materially from the results implied by the forward-looking statements contained herein. In addition, forward-looking statements reflect the Company's and GSRM's expectations and views as of the date of this presentation. The Company and GSRM anticipate that subsequent events and developments will cause their respective assessments to change. However, while the Company and GSRM may elect to update these forward-looking statements in the future, each of them specifically disclaims any obligation to do so. Accordingly, you should not place undue reliance on the forward-looking statements, which speak only as of the date they are made. Use of Projections: This presentation contains financial forecasts with respect to the Company's projected financial results. Such projected financial information constitutes forward-looking information, is included for illustrative purposes only and should not be relied upon as necessarily being indicative of future results. The assumptions and estimates underlying such projected financial information are inherently uncertain and are subject to a wide variety of significant business, economic, competitive and other risks and uncertainties that could cause actual results to differ materially from those contained in the prospective financial information. Actual results may differ materially from the results contemplated by the projected financial information contained in this presentation, and the inclusion of such information in this presentation should not be regarded as a representation by any person that the results reflected in such projections will be achieved. The independent auditors of the Company and GSRM have not audited, reviewed, compiled or performed any procedures with respect to the projections for the purpose of their inclusion in this presentation, and accordingly, they have expressed no opinion and have not provided any other form of assurance with respect thereto for the purpose of this presentation. Financial Information; Non-GAAP Measures: Certain of the financial information and data contained in this presentation have not been subject to a completed audit and do not conform to Regulation S-X promulgated under the Securities Act. Accordingly, such information and data may not be included in, may be adjusted in or may be presented differently in, any proxy statement, registration statement or prospectus that may be filed with the Securities and Exchange Commission (the "SEC"). This presentation includes certain financial measures not presented in accordance with generally accepted accounting principles ("GAAP") including, but not limited to, EBITDA, Adjusted EBITDA, Adjusted Gross Profit and certain ratios and other metrics derived therefrom. The Company defines (i) EBITDA as earnings before interest expense, taxes, depreciation and amortization and (ii) Adjusted EBITDA as EBITDA further adjusted by the removal of certain non-recurring costs and assumed public company costs. The Company defines Adjusted Gross Profit as revenue less cost of revenue (excluding depreciation and amortization). These non-GAAP financial measures are not measures of financial performance in accordance with GAAP and may exclude items that are significant in understanding and assessing the Company's financial results. Such measures may not be indicative of the Company's historical operating results nor are such measures meant to be predictive of future results. Therefore, these measures should not be considered in isolation or as an alternative to net income, cash flows from operations or other measures of profitability, liquidity or performance under GAAP. You should be aware that the Company's presentation of these measures may not be comparable to similarly-titled measures used by other companies. As such, undue reliance should not be placed on these non-GAAP financial measures. BITCOIN DEPOT 3#4Disclaimer The Company believes these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to the Company's financial condition and results of operations. The Company believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends in and in comparing the Company's financial measures with other similar companies, many of which present similar non-GAAP financial measures to investors. These non-GAAP financial measures are subject to inherent limitations as they reflect the exercise of judgments by management about which expense and income are excluded or included in determining these non-GAAP financial measures. Please refer to footnotes where presented on each page of this presentation and/or to the appendix found at the end of this presentation for more details regarding the calculations of such measures and/or for a reconciliation of these measures to what the Company believes are the most directly comparable measures evaluated in accordance with GAAP. This presentation also includes certain projections of non-GAAP financial measures. Due to the high variability and difficulty in making accurate forecasts and projections of some of the information excluded from these projected measures, together with some of the excluded information not being ascertainable or accessible, the Company is unable to quantify certain amounts that would be required to be included in the most directly comparable GAAP financial measures without unreasonable effort. Consequently, no disclosure of estimated comparable GAAP measures is included and no reconciliation of the forward-looking non-GAAP financial measures is included. Industry and Market Data: In this presentation, the Company relies on and refers to certain information and statistics obtained from third-party sources which it believes to be reliable. Neither the Company nor GSRM has independently verified the accuracy or completeness of any such third-party information. Trademarks and Trade Names: The Company and GSRM own or have rights to various trademarks, service marks and trade names that they use in connection with the operation of their respective businesses. This presentation also contains trademarks, service marks and trade names of third parties, which are the property of their respective owners. The use or display of third parties' trademarks, service marks, trade names or products in this presentation is not intended to, and does not imply, a relationship with the Company or GSRM, or an endorsement or sponsorship by or of the Company or GSRM. Solely for convenience, the trademarks, service marks and trade names referred to in this presentation may appear without the ®, TM or SM symbols, but such references are not intended to indicate, in any way, that the Company or GSRM will not assert, to the fullest extent under applicable law, their rights or the right of the applicable licensor to these trademarks, service marks and trade names. Additional Information About the Proposed Business Combination and Where to Find It: The proposed business combination will be submitted to shareholders of GSRM for their consideration. Copies of the proxy statement (a preliminary filing of which has been made with the SEC) will be mailed (if and when available) to all GSRM shareholders once definitive. GSRM also plans to file other documents with the SEC regarding the proposed business combination. GSRM will mail copies of the definitive proxy statement and other relevant documents to its shareholders as of the record date established for voting on the proposed business combination. GSRM's shareholders and other interested persons are advised to read the preliminary proxy statement and any amendments thereto and, once available, the definitive proxy statement, as well as all other relevant materials filed or that will be filed with the SEC, in connection with GSRM's solicitation of proxies for its special meeting of shareholders to be held to approve, among other things, the proposed business combination, because these documents will contain important information about GSRM, Bitcoin Depot and the proposed business combination. Shareholders may also obtain a copy of the preliminary proxy statement and, once available, the definitive proxy statement, as well as other documents filed with the SEC regarding the proposed business combination and other documents filed with the SEC by GSRM, without charge, at the SEC's website located at www.sec.gov or by directing a request to Cody Slach or Alex Kovtun, (949) 574-3860, [email protected]. Participants in the Solicitation: GSRM, Bitcoin Depot and certain of their respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be participants in the solicitations of proxies from GSRM's shareholders in connection with the proposed business combination. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation GSRM's shareholders in connection with the Proposed Transactions is set forth in the preliminary proxy statement that has been filed with the SEC. You can find more information about GSRM's directors and executive officers in GSRM's final initial public offering prospectus dated February 24, 2022 and filed with the SEC on February 28, 2022. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests will be included in the definitive proxy statement and other relevant materials to be filed with the SEC when they become available. Shareholders, potential investors and other interested persons should read the proxy statement carefully when it becomes available before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above. BITCOIN DEPOT 4#5GSRM Team Overview Gus Garcia Co-CEO & Director SPAC G|SPACS Lewis Silberman Co-CEO & Director SPAC G|SPACS Advisory Partners Anantha Ramamurti President & Director SPAC G|SPACS Advisory Partners BANK OF AMERICA Joseph Tonnos METEORA CAPITAL Mistral Equity Partners CFO GLAZER CAPITAL MANAGEMENT Yuya Orime Senior Vice President 11 SPAC Advisory Partners BANK OF AMERICA PPENHEIMER Haymaker Acquisition Corp. I BANK OF AMERICA HSBC WELLS FARGO CIBC Paine Webber Deutsche Bank ☑ GUGGENHEIM BANK OF AMERICA LAZARD Merrill Lynch ■ GSR II Meteora Acquisition Corp ("GSRM") completed its IPO in March 2022 with $321 million cash-in-trust ◉ Highly experienced sponsor team with extensive SPAC transaction credentials Members of GSRM team have advised on 22 SPAC mergers that have closed within the last 3 years alone, and have served as officers of 4 SPACS BITCOIN DEPOT 5#6What Bitcoin Depot IS and IS NOT Bitcoin Depot IS... Bitcoin Depot IS NOT... An Easy Way to Convert Cash to Bitcoin ✓ A Vendor of Security Tokens (only sells BTC) A Federally-Licensed Money Services Business / State-Licensed Money Transmitter (1) ४ A Custodian of Customer's Digital Assets Proactively Employing Robust Compliance, AML, and KYC Protocols ✓ A Crypto Exchange, Miner, or Lender A Company with a History of Profitability, with Multiple Growth Opportunities × Historically Correlated to Bitcoin Prices (1) Bitcoin Depot operates in states where it has obtained the requisite licenses to the extent that the laws and regulations of such states clearly indicate that a license is required or where state regulators have advised it that it needs a license to operate. BITCOIN DEPOT 6#7Transaction Overview Key Transaction Terms Transaction will result in approximately $170 million of cash (assuming 0% redemption) added to Bitcoin Depot's balance sheet to go toward funding its business plan. Earn-out of 15 million shares outstanding at close issued to existing Bitcoin Depot shareholders vested equally at pro forma share prices of $12, $14, and $16. The stock consideration to be issued to the existing Bitcoin Depot shareholders shall be a separate class that will have ten votes per share. $15mm minimum for secondary and potentially higher depending on various waterfalls relating to paydown of debt and retention of cash by Bitcoin Depot. Illustrative Post-Transaction Ownership (1) Illustrative Pro Forma Valuation Redemption Price Redemption Scenarios (3) (2) 0% 80% $10.15 87.2 $10.15 61.9 $885 $628 40 40 (169) (17) $756 $652 Pro Forma Shares Outstanding (mm) Pro Forma Equity Value (+) Existing Net Debt (4) (-) New Cash to Balance Sheet Pro Forma Enterprise Value Illustrative Sources and Uses Sources GSRM Cash in Trust $321 $64 Bitcoin Depot Equity Rollover 448 448 Total Sources $769 $512 0% Redemption 7% 80% Redemption (2) 19% 42% 51% 10% Uses Bitcoin Depot Equity Rollover $448 $448 Cash to Equityholders 128 27 Bitcoin Depot Shareholders GSRM Public Shareholders GSRM Sponsor Cash to Balance Sheet (5) Fees & Expenses Total Uses 169 17 24 20 $769 $512 71% (1) Excluding earn-out of the existing Bitcoin Depot shareholders and deferred founder shares. GSRM Public Shareholders include GSRM rights and potential additional issuances to equity holders. Does not reflect the impact from potential dilution from GSRM public warrants and Sponsor warrants. (2) Redemption scenarios are illustrative and subject to minimum cash and other closing conditions. (3) Pro Forma valuation at $10.15 per share. (4) Estimated balance as of FY2022. (5) Fees and expenses are preliminary and subject to confirmation. (Applied a mid-point of estimated range of $19 to $28) Estimated figures include outstanding debt that need to be paid off in connection with the consummation of this transaction and BitAccess Contribution amount. For larger redemption scenario, a portion of the fees will be paid in GSRM common stock rather than in cash. BITCOIN DEPOT 7#8Key Business Updates Since Transaction Announcement Business Performance Record Q3'22 revenues and adjusted EBITDA Q3'22 revenue was $175mm Our LTM transaction volume increased by 37% (1) despite a 50%+ drop in trading price of BTC in the same period Our EBITDA margin for 9 months ended September 30, 2022 remained strong at 56% (2) Key Hires Appointed a new CFO, Glen Leibowitz, who recently served as a CFO of Acreage Holdings and served. various roles at Apollo Global Management (1) As of September 30, 2022. (2) As % of Adj. Gross Profit. Adjusted EBITDA is a non-GAAP measure. Please see appendix. BITCOIN DEPOT 8#9BITCOIN DEPOT Company Overview 9:21 < 0195% FIND BITCOIN DEPOT ATMS OR A RETAIL LOCATION TO CONVERT CASH TO CRYPTO Search Gainesville FL 13 BO 8 ida My BIBI Gaines Natural Hxhibits Google Arredando 11 Circle K H Gainesville 1120 E University Ave #200, Gainesville, FL 32641, USA, Distance: 0.8 mi, (1.29 km) Zip: 32641 Working hours: No information. NAVIGATION Walgreens M LOAD CASH Home Swap Send Receive 9#10Mission BRINGING BITCOIN to the MASSES BITCOIN DEPOT#11Entrepreneurial and Visionary Management Team Brandon Mintz Founder & Chief Executive Officer BITCOIN DEPOT B Cash to Crypto Scott Buchanan Chief Operating Officer AcuityBrands Glen Leibowitz Chief Financial Officer ☑Acreage PowerPlay APOLLO pwc Sarah Wessel VP of Sales Qwick ◆ALTA An Elevated Way to Pay Jason Sacco VP of Operations CARDTRONICS ChallengerSoft Mark Smalley Chief Compliance Officer AML RIGHTSOURCE Crowe Horwath KeyBank Bill Knoll Head of Product USAAⓇ FIS CARDTRONICS BITCOIN DEPOT 11#12Bitcoin Depot at a Glance Leading BTM (1) operator providing a simple and convenient process to convert cash into cryptocurrency $1.4B 2.5M 25k ~7k 173% $35M Total Transacted Volume (2) Total Transactions Completed (2) Monthly Active Users (3) Installed Kiosks in North America Same-Kiosk Sales (4) LTM Adjusted EBITDA (5) Profitable Growth Significant BTM Operator by Market Share (6) 47 U.S. States I+I 10 Canadian Provinces 8% 20% Note: Metrics are as of September 30, 2022, unless noted otherwise. (1) Bitcoin ATM. (2) Since inception of Bitcoin Depot in 2016. (3) Total number of users that transacted in September 2022. BITCOIN DEPOT $649m +36% YoY LTM Revenue 52% Margin LTM Adj. EBITDA as % of Adj. Gross Profit (5)(7) (4) Same-Kiosk Sales represent year-over-year growth rate of transacted volume from kiosks deployed over 12 months. (5) As of September 30, 2022. Adjusted EBITDA is a non-GAAP measure. Please see appendix. (6) Source: Coinatmradar.com as of January 1, 2023. https://coinatmradar.com/charts/top-operators/united-states/ and https://coinatmradar.com/charts/top-operators/canada/ (7) Adjusted Gross Profit is a non-GAAP measure. Please see appendix. 12#13Cash Remains Integral Part of Economy 20% Share of Payments in Cash (2021) (1) 29% % of U.S. Adults Preferring to Use Cash to Pay for Goods (2) ($ Trillion) Share of Payments Use for All Payments (by Number) (1) Currency in Circulation (U.S.) (3) 2016 31% 18% 27% 10% 13% $1.8 $1.7 2017 31% 22% 27% 10% 11% 2018 26% 23% 28% 11% 11% 2019 26% 24% 30% 11% 9% 2020 19% 27% 2021 20% 28% 0% 20% 40% : Cash : Credit : Debit : ACH 28% 12% 11% 29% 11% 9% 60% 80% : Mobile Payment App 100% : Other 2018 2019 +8% CAGR $2.3 $2.2 $2.1 2020 2021 (1) Emily Cubides & Shaun O'Brien, 2022 Findings from the Diary of Consumer Payment Choice, Federal Reserve Bank of San Francisco FedNotes (May 5, 2022), https://www.frbsf.org/cash/publications/fed-notes/2022/may/2022-findings-from-the-diary-of-consumer-payment-choice/. (2) 2020 Travis Credit Union Cash Survey, https://www.traviscu.org. BITCOIN DEPOT (3) Board of Governors of the Federal Reserve System (US), Currency in Circulation [CURRCIR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CURRCIR, Jan. 12, 2023. 2022 13#14Get Bitcoin in a Minute T 1 Setup a Bitcoin Wallet 2 Choose Crypto Amount 3 Scan Digital Wallet 4 Receive Crypto 12:00 12:00 Search < Choose a Bitcoin Depot ATM or BDCheckout retailer location Search Bitcoin Depot Gainesville Fl Crypto wallet OPEN 60 RATINGS 3.7 CATEGORY De 4+ Jonesville Years Old Finance Premie What's New Version 2.0.6 Version History 1w ago Google ® This version fixes known bugs and brings a new look to BDCheckout, offering users the ability to get Bitcoin directly from cashiers at thousan: more Preview 11:240 7:51 Home Home Find Bitcoin Depot ATMs near you $134.21 Total Bala Exter City, State or Zipcode Find Bitcoin Depot A FIND LOCATIONS Enter City, State or Zipcode Click the icon or BTM, then select Navigion or Load Cash to start buying Bitcoin Wallets Search Wall BDCheckout Convert Cash To Crypto At a Retail Checkout Counter LEARN MORE BTM How much would you like to transact? $20-$250 $251-$2,999 BTM 1 BTC 46,061.38 USD 210 USD BTM 1 BTC 46,061 38 USD 1 Identity Verification 2 Wallet Info Bitcoin Identity Verification Wallet info 3 Bitcoin Scan your digital wallet Insert Cash USD only Make sure that your entire QR Code is visible on the scanner below 1450 Total 1050 $3,000-$15,000 O Have your Mobile Locate the scanner Wallet ready below the screen Place your mobile over the scanner BTM Convert Cash To Crypto At An ATM Bitcoin Purchasing Station 2917 SW 35th Dr. Gainesville, FL 32608, USA Circle K (2.2mi) 2320 SW Archer Rd, Gainesville, FL 32608, USA a Home My Wallet Send Receive Today Comes Арре Arcade Search call/text 676-435-04 or email woondepot.com for assistance Cancel callbest 675-435-9604 or email [email protected] for instance BITCOIN DEPOT Create Un-Hosted Bitcoin Depot Wallet Click "Buy Crypto" and Choose or Link Other Digital Wallet the Amount to Purchase Mobile App BITCOIN DEPOT Cancel Scan the QR Code on Kiosk At Kiosk Wallet Address 1722ZNE 78-435-904 maande.com force 0.00002 Promo Code Insert Cash and Click "Finish" I'm Done 14#15Flow of Funds - Bitcoin ATM Digital Wallet (We never take custody of user's wallet) User Bitcoin 1 B [1] Cash BITCOIN DEPOT Bitcoin Depot BTM B Bitcoin Hot Wallet BITCOIN DEPOT 2 $ Cash B Bitcoin Hot Wallet 2 B Bitcoin CUMBERLAND A DRW COMPANY 1 When a user inserts cash into kiosk, we initiate a transaction on the blockchain to send Bitcoin from our hot wallet into the wallet of the user's choosing (Bitcoin Depot-branded (un-hosted, non-custodial) wallet or other third-party) Cash in kiosks is collected at predetermined intervals by armored transport partners 2 Bitcoin Depot replenishes its hot wallets periodically with API-based purchases from Cumberland DRW and other liquidity providers Bitcoin Depot will generally hold less than $500,000 in Bitcoin at any given time BITCOIN DEPOT 15#16Why Our Users Love Us Thousands of Convenient Locations Simple & Quick Account Set Up Bitcoin Available in Minutes Responsive Customer Support Account Setup Time Time to Receive First Crypto Purchase Accessible Without a Bank Account Accepts Cash Customer Support via Phone / Texts (1) Representative user experience. BITCOIN DEPOT Transact Without a Bank Account Intuitive Mobile App Bitcoin Depot vs. Online Crypto Exchanges (1) BITCOIN DEPOT 1 Minute < 1 Hour Online Exchanges 3+ Days 3+ Days ✓ X X X 16#17Overview of Our Users User Survey Data (1) Customer Use Cases of Bitcoin ~2/3 of Our Users Are Mainly Using Bitcoin for Remittance and Online Purchases 39% Send to Others Investment ■To Convert It to Other Crypto or Tokens 22% 32% 27% Age 18-29 ■30-44 Gender ■Male 58% Online Purchases Store of Value 23% 6% 5% 23% 23% ■45-59 60+ 39% Female Prefer Not to Answer Income Level 82% ■Less than $80K BITCOIN DEPOT ■Above $80K 3% $100 $115 $140 User Engagements Median Kiosk Transaction Size $180 $176 $170 $168 $160 $160 Q3'20 Q4'20 Q1'21 Q2'21 18% Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 (1) Based on our user survey data as of December 15, 2022, with start date of August 15, 2022. n=625 except question regarding gender, in which case n=616. 17#18Why Our Partners Love Us * '|||| Benefits to Retailers Increased Average Customer Spend $ Predictable Monthly Rent Small Kiosk Footprint (2' x 2' ft) Hands-off: Bitcoin Depot Manages Entire Process Minimal Out-of-Pocket Cost (1) !! Increased Retail Store Foot Traffic (1) Kiosk uses standard outlet in store; cost to power is de minimis. (2) Excludes transaction volume from inactive kiosks. BITCOIN DEPOT Retailer Distribution Overview Transaction Volume Breakdown (CY2021: $528M) (2) 6% 22% 72% ■CIRCLE K Independent Retailers Other Retail Chains 18#19Setting the Bar with our Compliance Practices and Standards 13 Compliance Personnel ~100 Years of Combined Compliance Experience Best-in-Class Compliance is a Core Value for Bitcoin Depot Bitcoin Depot's compliance team takes a proactive approach to industry requirements, monitoring and reporting suspicious activities and working closely with law enforcement as required Bitcoin Depot has established robust multi-layer compliance procedures, including KYC (Know-Your-Customer) and AML (Anti- Money Laundering) programs Bitcoin Depot has robust transaction monitoring systems to analyze transactions in real-time, taking advantage of the rich transaction data from its own network and on the blockchain BITCOIN DEPOT 19#20Bitcoin Depot Compliance Infrastructure People: Experienced Compliance Team Bitcoin Depot's compliance team has experience in AML, KYC, BSA (Bank Secrecy Act), and OFAC (Office of Foreign Assets Control) compliance Bitcoin Depot utilizes Blockchain analysis and works with various third parties for transaction monitoring and case management Technology: Multi-Layer Compliance Procedures Accounts are verified at the time. of creation with ongoing transaction monitoring and screening against sanctions lists Transaction review includes ID, wallet check, OFAC screening, FinCEN reporting, and screening/reporting via third- party compliance software Communication: Proactive Dialogue with Regulatory Agencies Bitcoin Depot coordinates closely with financial regulators, screening for blacklisted individuals and wallets Bitcoin Depot regularly files Currency Transaction Reports and Suspicious Activity Reports BITCOIN DEPOT 20#21BITCOIN DEPOT Investment Highlights 9:21 < 0195% FIND BITCOIN DEPOT ATMS OR A RETAIL LOCATION TO CONVERT CASH TO CRYPTO Search Gainesville FL 13 BO 8 BIBI Gaines ida My Natural Hxhibits Google Arredando 11 Circle K H Gainesville 1120 E University Ave #200, Gainesville, FL 32641, USA, Distance: 0.8 mi, (1.29 km) Zip: 32641 Working hours: No information. NAVIGATION Walgreens M LOAD CASH Home Swap Send Receive 21#22Investment Highlights 1 Beneficiary of Megatrend: Broadening Adoption of Cryptocurrencies 2 3 4 5 00000 1 2 3 4 5 Network of Approx. 7,000 Kiosks for Converting Cash to Digital Currency, with Convenient, High-Performing Locations Attractive Combination of Historical Growth and Current Profitability with Demonstrated Track Record of Success Transaction Volumes Are Not Historically Correlated to the Price and Volatility of Bitcoin Primed for Unique Growth Opportunities Through Strong Partnerships, Consolidation of Highly-Fragmented Market and International Expansion BITCOIN DEPOT 22#23Digital Asset Market Tailwinds # of BTMs Growth of Global Bitcoin ATM Market (1) +85% CAGR 6,362 4,107 2,078 970 14,058 34,359 1 0000 2 3 4 5 Annual Transaction Volume ($bn) by Payment Network (2021) (2) 38,610 $13,505 $7,722 $3,007 $1,284 $504 2016 2017 2018 2019 2020 2021 2022 VISA B AMERICAN EXPRESS DISCOVER® mastercard (1) Source: Coinatmradar.com as of January 1, 2023. https://coinatmradar.com/charts/growth/, website accessed on January 1, 2023. (2) Source: Glassnode and corporate filings. BITCOIN DEPOT 23#24Bitcoin Depot has Leading BTM Market Share in North America Bitcoin Depot currently operates approximately 7,000 kiosks in 47 U.S. states and 10 Canadian provinces Our kiosks and BDCheckout access points are located in zip codes addressing over 53% of US population Pending license application in New York State, which represents a large market opportunity (less than 300 BTMs statewide as of January 1, 2023) (1) We believe the state's population could potentially support 2,500-3,000 BTMs over time (2) 1 2 3 4 5 Top Bitcoin ATM Operators (United States) (1) 6,560 (20%) BITCOIN DEPOT inCloud COINFLIP Bitcoin OF AMERICA BITSTOP 4,802 (14%) 3,845 (12%) 2,599 (8%) 1,938 (6%) 1,908 (6%) rockitcoin Coinsource 1,443 (4%) ByteFederal 987 (3%) COINHUB 884 (3%) cash bitcoin 849 (3%) 0 ° ° Top Bitcoin ATM Operators (Canada) (1) Localcoin ° ° ° ° ° 00 ° do BITCOIN DEPOT 203 (8%) HODL 199 (8%) Honey Badger 194 (8%) 183 (7%) 167 (7%) BITCOIN WELL instacoin BitNATIONAL B FastBTC ATM.ca COINFLIP B Bitcoin4U 152 (6%) 123 (5%) 103 (4%) 75 (3%) (1) Source: Coinatmradar.com as of January 1, 2023. The source only accounts for cash-to-Bitcoin ATMs; therefore, excluding LibertyX and Coinme from the chart. https://coinatmradar.com/country/226/bitcoin-atm-united- states/, https://coinatmradar.com/charts/top-operators/united-states/ and https://coinatmradar.com/charts/top-operators/canada/ (2) Internal analysis; based on similar population size in state of Florida. BITCOIN DEPOT 843 (33%) 24#25Robust Retail Partnerships Pave Our Path for Further Growth Bitcoin Depot is Circle K's Exclusive BTM Provider CIRCLE K We Partner with Major Retailers (1) CHICLEC Omiles 1 2 3 4 5 Largest Privately Owned CIRCLE K U.S. Gas Station Chain Fortune 500 Specialty Retailer Over 1,900 kiosks deployed across U.S. and Canada as of September 2022 Circle K has over 9,000 stores in North America, with over 4,800 stores in Europe and other International markets "Our partnership with Bitcoin Depot further builds on our commitment, giving our brand an important, early presence in the fast-growing cryptocurrency marketplace as a convenient destination where customers can buy Bitcoin." Denny Tewell, Senior Vice President Global Merchandise and Procurement (1) Via a partnership with payment processing provider. Select partners represented. BITCOIN DEPOT 24 Major Convenience Store Chains Fortune 500 U.S. Gas Station Chain Leading Retail Outlets 25#26Demonstrated Track Record of Success 1 2 3 4 5 Bitcoin Depot begins using a sophisticated cryptocurrency management process to reduce its exposure to volatility in cryptocurrency prices By the end of 2016, Bitcoin Depot orders an additional 41 BTMs, making the Company a top 5 operator at the time by market share By the end of 2019, the Company nearly triples the size of its kiosk network to over 500 BTMs across 30 U.S. states Announced Exclusive Partnership with CIRCLE K Achieved No.1 BTM Operator by Market Share in the U.S. (1) $549M Introduced BDCHECKOUT™ $649M (2) Bitcoin Depot is founded and first BTMs purchased $2M 2016 $245M $68M $32M $16M 2017 2018 : Revenue 2019 2020 2021 LTM 2022 (2) (1) Source: Coinatmradar.com as of January 1, 2023. https://coinatmradar.com/charts/top-operators/united-states/ (2) As of September 30, 2022. BITCOIN DEPOT 26#27Transaction Volumes Decoupled from Bitcoin Prices Total Transaction Volume ($mm) $200 $180 $160 $140 $120 $100 $80 $60 $40 $20 $0 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Total Transaction Volume (1) Factset as of September 30, 2022. BITCOIN DEPOT 00000 $80 $70 $60 $50 $40 $30 $20 $10 -$0 Q3'22 Q2'22 • Bitcoin Price (1) Bitcoin Price (1) ($'000) 27#28# of Kiosks: Transaction Volume ($mm) Transaction Volume by Kiosk Cohort Annual Cohort Initial Year Transaction Volume 2021 Transaction Volume CAGR (1) +164% $84 $73 $193 Transaction Volume ($mm) 00000 9 Months Ended September 30th Cohort Initial Year 9M Transaction Volume 9M 2022 Transaction Volume CAGR (1) $254 +109% $121 +16% +134% +49% +75% +19% +42% +20% $48 $35 $18 $19 $15 $41 $41 $2 $4 $2 $7 $77$12 2017 2021 2018 2021 2019 2021 2020 2021 9M 9M 17 22 2017 Cohort 2018 Cohort 2019 Cohort 2020 Cohort 59 65 335 900 9M17 Cohort 9M 9M 18 22 9M18 Cohort 9M 9M 19 22 9M19 Cohort 9M 9M 9M 9M 20 22 9M20 Cohort 21 22 9M21 Cohort 39 56 117 463 3,416 BITCOIN DEPOT (1) Calculated since the initial deployment years for respective cohort groups. 28#290000 1 2 3 4 5 BDCHECKOUT™ Cryptocurrencies "At The Register" We signed an agreement with an industry leading global payments technology company, allowing customers to purchase crypto at over 8,000 retail locations across 22 states and Puerto Rico (1) Agreements with retailers that have over 18,000 locations (1) Through this relationship, we can scale our customer reach with limited capital expenditure Find a Location .ill Service 19:12 FIND BITCOIN DEPOT ATMS OR A RETAIL LOCATION TO CONVERT CASH TO CRYPTO < Search Gainesville FL Circle K Select an Amount ull Service 19:12 < Start Load Enter Load amount BTM 118 TH Load Amount $ 08 Ada My Gainesv of Natural Hxhibits 1120 E University Ave #200, Gainesville, FL 32641, USA. Distance: 0.8 mi. (1.29 km) Zip: 32641 Gainesville Working hours: No information NAVIGATION LOAD CASH Walgreens Home Swap Send Receive Pay at Register Complete Transaction .ill Service 19:12 .ill Service 19:12 < < Order Summary Payment Received HAVE THE CASHIER Amount Loaded Service Fee $496.50 $3.50 SCAN THIS BARCODE 500 Dollar Range per Transaction: Min $20 Max $500 Service Fee: $3.50 This will be deducted from your Load amount 1000000000000001000000 This barcode expires in 30 minutes on Sep. 20, 2021 at 5:32 PM Total Amount to bring: $500 Service Fee: $3.50 By accepting or using this barcode to make a payment, you agree to the full terms and conditions, available at www.vanilladirect.com/pay/terms. After successful payment using this barcode, you may retrieve your full detailed e-receipt at www.vanilladirect.com/pay/ereceipt Click here for Terms and Conditions i Receiving Select wallet CONTINUE Balance Date $496.50 Transaction ID 9/20/2021 @ 4:55 PM gMs9-63Q1-7fKN-trX 0.01158 BTC is locked in for: 42min 56sec Time remaining Present this barcode at your selected location: 745 Clement St., San Francisco, CA 94118 GET DIRECTIONS Conversion will happen automatically when the countdown is over, at which point BTC amount will be calculated at market rate. To buy BTC now click the button below! BUY BTC NOW Do not buy Bitcoin for IRS payments, utility bills, or if someone says you are being investigated, these are scams! Find a potential location BITCOIN DEPOT Select an amount to purchase, transaction limits are displayed here (1) As of September 30, 2022. Bring barcode to scan at retailer's register Once purchased, users will receive Bitcoin in their wallet 29#3000000 > bitaccess A Leading BTM Operating System Provider Potential Benefits to Bitcoin Depot In Q3 2021 Bitcoin Depot acquired a majority interest in BitAccess, a leading BTM operating system provider Kiosk Software BTM BITCOIN TELLER MACHINE 18TC USD BITCOIN DEPOT bitaccess !!!!!!! Operator Panel www A s HEL Reduce cost of software to operate deployed kiosks Increase Vertical Integration Build out in-house software and operational capabilities Broad use of BitAccess OS eases integration of future operators into Bitcoin Depot's operations 30#31Multiple Future Growth Opportunities 1 2 3 4 5 00000 Credit/Debit Transactions on BTMs International Expansion Industry Consolidation Additional Consumer- Facing Financial Services ATM $ Buy/Sell Cryptos on Traditional Cash ATMs </> B2B Software and Data Solutions BITCOIN DEPOT 31#32Financial Summary ($mm) Revenue YoY Growth Quarterly Annual 9M Ended Sep. 30th CY2021 A CY2022 A CY2020 A CY2021 A CY2021 A CY2022 A Q1 Q2 Q3 Q1 Q2 Q3 $245 $549 $397 $497 $101 $147 $149 $155 $167 $175 262% 124% 141% 25% 265% 187% 73% 53% 14% 18% Adjusted Gross Profit (1) $31 $56 $42 $53 $11 $13 $18 $12 $20 $21 % of Revenue 13% 10% 10% 11% 11% 9% 12% 8% 12% 12% Adjusted EBITDA (2) $21 $30 $25 $30 $7 $7 $11 $6 $12 $12 % of Adjusted Gross Profit 68% 53% 61% 56% 64% 54% 64% 50% 60% 55% Note: Majority of revenue is represented by total transacted volume at kiosks. (1) Adjusted Gross Profit is a non-GAAP measure. Please see appendix. (2) Adjusted EBITDA is a non-GAAP measure. Please see appendix. BITCOIN DEPOT 32#33BITCOIN DEPOT Transaction Overview 9:21 < 0195% FIND BITCOIN DEPOT ATMS OR A RETAIL LOCATION TO CONVERT CASH TO CRYPTO Search Gainesville FL 13 BO 8 BIBI Gaines ida My Natural Hxhibits Google Arredando 11 Circle K H Gainesville 1120 E University Ave #200, Gainesville, FL 32641, USA, Distance: 0.8 mi, (1.29 km) Zip: 32641 Working hours: No information. NAVIGATION Walgreens M LOAD CASH Home Swap Send Receive 33#34Transaction Overview Key Transaction Terms Transaction will result in approximately $170 million of cash (assuming 0% redemption) added to Bitcoin Depot's balance sheet to go toward funding its business plan. Earn-out of 15 million shares outstanding at close issued to existing Bitcoin Depot shareholders vested equally at pro forma share prices of $12, $14, and $16. The stock consideration to be issued to the existing Bitcoin Depot shareholders shall be a separate class that will have ten votes per share. $15mm minimum for secondary and potentially higher depending on various waterfalls relating to paydown of debt and retention of cash by Bitcoin Depot. Illustrative Post-Transaction Ownership (1) Illustrative Pro Forma Valuation Redemption Price Redemption Scenarios (3) (2) 0% 80% $10.15 87.2 $10.15 61.9 $885 $628 40 40 (169) (17) $756 $652 Pro Forma Shares Outstanding (mm) Pro Forma Equity Value (+) Existing Net Debt (4) (-) New Cash to Balance Sheet Pro Forma Enterprise Value Illustrative Sources and Uses Sources GSRM Cash in Trust $321 $64 Bitcoin Depot Equity Rollover 448 448 Total Sources $769 $512 0% Redemption 7% 80% Redemption (2) 19% 42% 51% 10% Uses Bitcoin Depot Equity Rollover $448 $448 Cash to Equityholders 128 27 Bitcoin Depot Shareholders GSRM Public Shareholders GSRM Sponsor Cash to Balance Sheet (5) Fees & Expenses Total Uses 169 17 24 20 $769 $512 71% (1) Excluding earn-out of the existing Bitcoin Depot shareholders and deferred founder shares. GSRM Public Shareholders include GSRM rights and potential additional issuances to equity holders. Does not reflect the impact from potential dilution from GSRM public warrants and Sponsor warrants. (2) Redemption scenarios are illustrative and subject to minimum cash and other closing conditions. (3) Pro Forma valuation at $10.15 per share. (4) Estimated balance as of FY2022. (5) Fees and expenses are preliminary and subject to confirmation. (Applied a mid-point of estimated range of $19 to $28) Estimated figures include outstanding debt that need to be paid off in connection with the consummation of this transaction and BitAccess Contribution amount. For larger redemption scenario, a portion of the fees will be paid in GSRM common stock rather than in cash. BITCOIN DEPOT 34#35Bitcoin Depot: Q1 - Q3 2022 Relative Performance Update $60,000 $50,000 Mar 31 $45,539 Annotated Bitcoin Price Chart May 9: Stablecoin TerraUSD loses 1-to-1 dollar peg, causing mass liquidations Jul 1: Three Arrows Capital files for Chapter 15 bankruptcy Jul 5: Voyager Digital Assets files for Chapter 11 bankruptcy $40,000 $30,000 $20,000 $10,000 Mar 17: Fed announced first rate hike in years of 25bps, bringing the Fed Funds rate to 0.25%-0.50% Jun 12: Celsius pauses all withdrawals, swaps and transfers between customer accounts Aug 4: BlackRock announces partnership with Coinbase to provide institutional clients with access to crypto trading, limited to Bitcoin Sep 30 $19,432 (57.3)% vs. Q1 Jun 30 $19,785 (56.6)% vs. Q1 Sep 15: Ethereum 'Merge' is completed, transitioning the cryptocurrency to more sustainable model requiring 99%+ less energy consumption Jan-22 Avg. Price % of all-time high (1) Feb-22 Mar-22 Apr-22 Q1: $41,299 60.0% May-22 Jun-22 Jul-22 Q2: $32,500 47.2% Aug-22 Sep-22 Q3: $21,252 30.9% 1 Q1 Q3 2022 Revenue Trends Company Q1 2022 ($M) BITCOIN DEPOT $155 Q2 2022 (%Change vs. Q1) 7.7% Q3 2022 (%Change vs. Q1) 13.0% coinbase RIOT 1,166 (30.7)% (49.4)% HIVE MARATHON™ DIGITAL HOLDINGS 80 53 52 (8.6)% (42.0)% (16.9)% (44.3)% (51.8)% (75.5)% Source: FactSet, Company Info. BITCOIN DEPOT (1) All-time high price of $68,789.63 on Nov 10, 2021. Oct-22 35#36Detailed Comparable Companies Statistics ($ in millions, except per share date) Company Name Digital Financial Services Valuation Metrics Operating Metrics Market (1) Enterprise (2) EV/EBITDA Revenue Gross Profit EBITDA Revenue Growth EBITDA Margin Cap Value 2022 2023 2022 2023 2022 2023 2022 2023 2022 2023 2022 2023 PayPal $90,632 $90,742 13.3x Block (Square) 48,839 48,256 52.6x 37.3x 11.8x $27,517 17,488 $29,982 19,987 5,928 $13,669 $14,580 7,183 $6,837 $7,720 8.5% 9.0% 24.8% 25.7% 918 1,295 (1.0)% 14.3% 15.5% 18.0% Global Payments 30,672 42,554 10.9x 10.2x 8,068 8,529 5,491 5,690 3,890 4,163 4.3% 5.7% 48.2% 48.8% Jack Henry 13,164 13,428 21.1x 19.3x 2,020 2,171 840 906 635 696 14.9% 7.5% 31.4% 32.1% Coinbase 12,701 10,988 NM NM 3,142 2,879 2,650 2,158 (451) (92) (59.9)% (8.4)% (14.4)% (3.2)% 1,049 MoneyGram 1,754 8.6x 7.7x 1,306 1,365 618 641 205 227 1.8% 4.5% 15.7% 16.6% Mean Bitcoin Depot (3) $628 $652 21.3x 17.2x $9,923 $10,819 $4,866 $5,193 $2,006 $2,335 (5.3)% 5.4% 20.2% 23.0% $649 $67 $35 36.1% 52.2% Source: Factset as of January 23, 2023. Note: Block's EBITDA margin is presented as a percentage of Gross Profit. (Block's Bitcoin Sales are reported on gross transaction basis while other companies' Revenue figures are reported on net fee basis). Bitcoin Depot's Market Cap and Enterprise Value assume 80% redemption scenario. (1) Market Capitalization calculated based on fully diluted shares outstanding. (2) Enterprise Value calculated as Equity Value plus Net Debt (Total Debt less Cash & Cash Equivalents) and Non-Controlling Interest. (3) Bitcoin Depot's revenue, gross profit, EBITDA, revenue growth and EBITDA margin are LTM as of September 30, 2022. Bitcoin Depot's EBITDA margin is as % of Adj. Gross Profit. Adjusted EBITDA is a non- GAAP measure. Please see appendix. BITCOIN DEPOT 36#37Key Business Takeaways Mainstreaming of Cryptocurrency and Digital Assets #1 Bitcoin ATM Operator in North America with Approximately 7,000 Kiosks Key Retail Relationships, Highlighted by Circle K Multiple Service Offerings and Geographic Expansion Opportunities Driving Growth Meaningful Revenue Scale and Currently Profitable Transaction Volumes Are Not Historically Correlated to the Price and Volatility of Bitcoin BITCOIN DEPOT 37#38BITCOIN DEPOT Appendix 9:21 0195% FIND BITCOIN DEPOT ATMS OR A RETAIL LOCATION TO CONVERT CASH TO CRYPTO < Search Gainesville FL 13 BO 8 ida My BIBI Gaines Natural Hxhibits Google Arredando 11 Circle K H Gainesville 1120 E University Ave #200, Gainesville, FL 32641, USA, Distance: 0.8 mi, (1.29 km) Zip: 32641 Working hours: No information. NAVIGATION Walgreens M LOAD CASH Home Swap Send Receive 38#39Reconciliation of Non-GAAP Financials ($mm) Actual CY2020 CY2021 9M 2021 9M 2022 Revenue $ 245 $ 549 $ Cost of Revenue (excluding Depreciation & Amortization) (1) Adjusted Gross Profit (214) (493) 397 $ (355) 497 (444) $ 31 $ 56 $ 42 $ 53 ($mm) Net Income Interest Expense Income Tax Expense (Benefit) Depreciation & Amortization Non-Recurring Expenses (2) Special Bonus Adjusted EBITDA Actual CY2020 CY2021 9M 2021 9M 2022 $ 14 $ 6 $ 1 8 10 $ 5 4 9 (0) (0) (1) 203 13 8 14 3 2 3 $ 21 $ 30 +A 25 $ 30 30 Note: Non-GAAP financials are unaudited figures. (1) Cost of Revenue (excluding Depreciation & Amortization) consists primarily of direct costs related to selling digital assets and operating Bitcoin Depot's network of kiosks, excluding depreciation and amortization. (2) Non-recurring expenses include, but are not limited to, those relating to legal and accounting services and recruiting fees. BITCOIN DEPOT 39#40Historical Balance Sheet Summary ($mm) Cash and Cash Equivalents Other Current Assets Total Property & Equipment, net Other Non-Current Assets Total Assets Notes Payable, Current Portion Operating Lease Liabilities, Current Current Installments of Obligations Under Finance Leases in 2022 and Capital Leases in 2021 and 2020 Other Current Liabilities Notes Payable, Net of Current Portion Operating Lease Liabilities, Net of Current Portion Obligations Under Finance Leases in 2022 and Capital Leases in 2021 and 2020, Excluding Current Installment Other Long-Term Liabilities Total Member's Equity Total Liabilities and Member's Equity BITCOIN DEPOT Actual CY2020 CY2021 9M 2022 $ 41 $ 38 38 1 9 3 11 46 33 0 16 15 +A 53 $ 108 90 $ 1 $ +A 3 3 17 15 4 17 18 22 34 33 50583 +A $ 5 SO 3 4 15 0 19 19 53 $ 108 LA $ 13 90 40