#1MoneyLion Q4 & Full Year 2021 Earnings Presentation March 10, 2022 9:41 Complete first-time homebuyer's guide 2 min watch ... 2 - Your Today Feed Get your dream home at a great rate, and put down only 5% Exclusive car. Exclusive sneakers. More details on Twitter See offers to 24 3 Today Marketplace Accounts Credit Rewar 9:41 8 My accounts Order a MoneyLion Debit Mastercard Unleash the full power of RoarMoney! Add money RoarMoney $5,781.90 Investments $5,781.90 Transfer ... - - Instacash $50 $20 outstanding 24 Today Marketplace Accounts Credit : Credit Builder Plus -$500.00 68 Rewards 9:41 ● Personal loans Insurance Automotive Cr $12,235 60 mo Your Offers OneMain Financial Line of Credit Marketplace 24 Today $12,235 24 mo Loan term 13.99% Fixed APR Offer expires in 30 days Continue Upgrade Secured loan 15% Fixed APR all Marketplace Accounts Pre-qualified Offer disclosure & more info $279.15 Est. monthly payment Pre-qualified $586.3 Est. monthly payment 4 Credit 80 Rewards#2Disclaimer Use of Non-GAAP Financial Measures Some of the financial information and data contained in this presentation, such as Adjusted Revenue, Adjusted Gross Profit, Adjusted EBITDA and Adjusted Net Income, have not been prepared in accordance with United States generally accepted accounting principles ("GAAP"). MoneyLion management uses these non-GAAP measures for various purposes, including as measures of performance and as a basis for strategic planning and forecasting. MoneyLion believes these non-GAAP measures of financial results provide relevant and useful information to management and investors regarding certain financial and business trends relating to MoneyLion's results of operations. MoneyLion's method of determining these non-GAAP measures may be different from other companies' methods and, therefore, may not be comparable to those used by other companies and MoneyLion does not recommend the sole use of these non-GAAP measures to assess its financial performance. MoneyLion management does not consider these non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitation of these non-GAAP financial measures is that they exclude significant expenses and income that are required by GAAP to be recorded in MoneyLion's financial statements. In addition, they 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. In order to compensate for these limitations, management presents non-GAAP financial measures in connection with GAAP results. You should review MoneyLion's financial statements, which are included in MoneyLion's filings with the U.S. Securities and Exchange Commission, and not rely on any single financial measure to evaluate MoneyLion's business. Reconciliations of these non-GAAP metrics to the most directly comparable GAAP measure are set forth in the Appendix of this presentation. To the extent that forward-looking non-GAAP financial measures are provided, they are presented on a non-GAAP basis without reconciliations of such forward-looking non-GAAP measures, due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliation, which could be material based on historical adjustments. 1⁰⁰0 Forward-Looking Statements The information in this presentation includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding, among other things, MoneyLion's financial position, results of operations, cash flows, prospects and growth strategies. These statements are based on various assumptions, whether or not identified in this presentation, and on the current expectations of MoneyLion's management, are subject to a number of risks and uncertainties and are not predictions of actual performance. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of MoneyLion. Factors that could cause actual results and outcomes to differ from those reflected in forward-looking include, among other things, factors relating to the business, operations and financial performance of MoneyLion, including market conditions and global and economic factors beyond MoneyLion's control, including the COVID-19 pandemic; intense and increasing competition in the industries in which MoneyLion and its subsidiaries, including Malka Media Group LLC ("MALKA"), operate, and demand for and consumer confidence in MoneyLion's products and services, including as a result of any adverse publicity concerning MoneyLion; MoneyLion's ability to realize strategic objectives and avoid difficulties and risks of any acquisitions, strategic investments, entries into new businesses, joint ventures, divestitures and other transactions; MoneyLion's reliance on third parties to provide services; MoneyLion's ability to service loans or advances properly and the performance of the loans and other receivables originated through MoneyLion's platform; MoneyLion's ability to raise financing in the future, to comply with restrictive covenants related to its long-term indebtedness and to manage the effects of changes in the cost of capital; MoneyLion's success in retaining or recruiting, or changing as required, its officers, key employees and directors, including MALKA's ability to retain its content creators; MoneyLion's ability to comply with the extensive and evolving laws and regulations applicable to its business; risks related to the proper functioning of MoneyLion's IT systems and data storage, including as a result of cyberattacks and other security breaches or disruptions suffered by MoneyLion or third parties upon which it relies; MoneyLion's ability to protect its intellectual property rights; MoneyLion's ability to comply with laws and regulations applicable to its business and the outcome of any legal or governmental proceedings that may be instituted against MoneyLion; MoneyLion's ability to establish and maintain an effective system of internal controls over financial reporting; and MoneyLion's ability to maintain the listing of MoneyLion's Class A common stock and of MoneyLion's publicly traded warrants to purchase MoneyLion Class A common stock on the New York Stock Exchange and any volatility in the market price of MoneyLion's securities. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that MoneyLion presently knows or that MoneyLion currently believes are immaterial that could also cause actual results to differ from those contained in the forward- looking statements. In addition, forward-looking statements reflect MoneyLion's expectations, plans or forecasts of future events and views as of the date of this presentation. MoneyLion anticipates that subsequent events and developments will cause its assessments to change. However, while MoneyLion may elect to update these forward-looking statements at some point in the future, MoneyLion specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing MoneyLion's assessments as of any date subsequent to the date of this presentation. Accordingly, undue reliance should not be placed upon the forward-looking statements. Q4 & FY 2021 Earnings 2#3Our Mission Rewire the American financial system to positively change the path of every hard-working American Q4 & FY 2021 Earnings 3 1⁰⁰#4FinTech 3.0 is Here Everything you need to live your Money Life KNOWLEDGE Daily knowledge & motivational content to help make financial decisions Inspiring Experts Helpful Tools • News Articles Personal Finance Insights. Calculators Classes Personal Goals Q4 & FY 2021 Earnings Learn The MoneyLion Experience SOLUTIONS Full suite of financial products designed to build financial power RoarMoney Instacash Crypto Credit Building Investing Pay Later • Game Plan Car Insurance Home Buying • Credit Cards • Refinance Discover 4 HAPPINESS Personalized offers & deals curated to perfectly fit life's needs Cell Service Travel Tickets • Gig Employment Fashion Gaming • Sports Entertainment Food • Pets • Home Goods Shop 10⁰#5KNOWLEDGE A Data-Driven, Hyper-Personalized Feed Delivers Content, Products and Offers MoneyLion's customers are able to activate financial solutions and purchase products while consuming hyper-personalized content that engages and educates them daily Q4 & FY 2021 Earnings Welcome to your money life Get ready- you've joined a pride of over 9 million Americans who are achieving their life goals. See how MoneyLion combines motivation, expert knowledge, innovative products, and powerful offers into a personalized experience -- helping you own your money life every day. 5 Check it out You don't have any credit Learn Start building your credit 11 12 14 15 The MoneyLife Experience Discover Shop MoneyLife podcasts New episodes: AMERICAN S01E01 Don't buy a boat S01 E03 Marketplace Shop with Overtime Very's deo series ly Disneyland tickets Women Who Roar S01 E03 See all How to dress on a budget S03 E04 Booking See all $600 pre-approved Booking.com#6SOLUTIONS Full Suite of Financial Products IN TIMES OF EXCESS Q4 & FY 2021 Earnings RoarMoney Investing Crypto Insurance Mortgages 9:41 RoarMoney MoneyLion Get bonus cashback this month Earn extra $with Cashback Calendar Balance $185.50 Add money Transfer Safety Net $1,753.06 lable funds $185.50 Roar Money $1,000 Instacash $567.56 Investments Use Safety N Physical card 6.8 9:41 Personal loans 888 $12,235 SoFi Unsecured loan 60 mo Loan term 24 Marketplace # $12,235 Insurance Offer expires in 30 days 24 mo Loan term 13.99% Fixed APR Continue Lending Club Unsecured loan 15% Fixed APR 會 Marketplace Accounts 6 Automotive Pre-qualified Offer disclosure & more info $279.15 Est. monthly payment Pre-qualified $586.3 Est. monthly payment. P Reward Cr 9:41 ← 4₁ Investments $12.48 ↑ $0.95 (4.82%) Add money My Portfolio Cash: $5.00 $11.43 DEC 20 1M 1Y Withdraw ALL Future Innovation Manage Moderately Conservative l $23.12(+$4.86) IN TIMES OF NEED Instacash Credit Builder Plus Personal Loans Student Loans Credit Cards 1⁰⁰#7HAPPINESS Extensive Distribution Network Provides Personalized Offers Channel Partners 1081 Mass News Sites 8= Membership & Association Q4 & FY 2021 Earnings $ Financial Content Publishers 431 Financial Institutions Proprietary technology matches marketplace supply and demand Credit Portal M Retail MoneyLion EVEN Credit 7 Sports Integrate with web, mobile or other experiences Insurance EX Product Partners Entertainment Travel Mortgage#8Our Record Performance Continues Scale Growth Performance ▪ 3.3M+ Total Customers (3) ■ O $1B+ Total Originations in 2021 (4) ▪ 8.0M+ Total Products (5) used by customers ▪ 707 global employees* ▪ 129% Y/Y Total Customer growth in Q4 2021 ▪ 149% Y/Y Total Origination growth In Q4 2021 ▪ 112% Y/Y Adjusted Revenue growth in Q4 2021 ▪ 60%+ Adjusted Gross Profit (2) margins $70 average revenue per users ("ARPU") with upside to +$135 for mature cohorts ■ Quarterly Adjusted Revenue (1) ($ in millions) ▪ < 6 month payback period on customer acquisition Adjusted Gross Profit Margin (2) 35% 51% 55% $14 $17 $19 56% 13% $25 60% 33% $33 61% $36 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q/Q growth 18% 28% Y/Y growth 125% Note: Adjusted Revenue and Adjusted Gross Profit are non-GAAP measures. See the Appendix for a reconciliation of these measures to their nearest GAAP equivalents. See "Footnotes" section for detailed footnotes and definitions. * Note: Employee count as of February 28, 2022 (includes employees from Even Financial acquisition). Employee count was 556 as of December 31, 2021. Q4 & FY 2021 Earnings 8 64% $42 12% 114% 66% Q2 2021 Q3 2021 Q4 2021 15% 119% $54 29% 112%#9Data Advantage with Al-Driven Intelligence Layer Q4 & FY 2021 Earnings MoneyLion By tracking spend, paycheck and credit balance data from over 17 million linked accounts using 55 machine learning models MoneyLion develops deep insights into its customer base O Show highly relevant content ✓ Efficient customer acquisition ✓ Quickly launch new products 9 USA Cross-sell new products ✓ BA Accurately price risk Higher engagement & retention Higher ARPU 1⁰⁰0#10America's Most Robust Digital Financial Platform Bank, Borrow, Invest, and Grow - all in one app 9:41 ← Finances Let's set up your financial profile Improve credit score Crow TYyoungs Save for retirement Payoff studenten Sve for a large purchase Paymyon time Track my spending Paymedical b Under Crypto Family Get married Pay off debt Stick to a budget Lower my bills ✔Giving Maintain car Save for vacation Stativeting Save for education Advice Q4 & FY 2021 Earnings Investments Account-1234 $12.48 $0.95 (4.82%) TW MT ALL Add money $TL43 DEC 20 My Porfolo C$500 Withdraw Manage Moderately Conservative Mix 2012-$4.06) Future Innovation Investing Crypto Trading powered by Zero H $60.00 My wo Bitcoin $30.730.00 Ethereum Buy Sell Fund your account to start investing) ALL $60.00 08TC $0 OETH 19 Crypto 9:41 RoarMoney Motion Get bonus cashback this month Earnestra $wich Cashback Calendar $185.50 Add money Sty $1753.06 Transfer 1 $185.50 RoarMoney $1000 Instaci $567.56 Use Safety Net A Physical card ✓ Banking 10 1:12 Get a personal loan offer in 60 seconds Viewers Sund Receive funding up to $35,000 Allande Get a quote Orested in going back to school? Up to $6,345 in educational grants may be available to you, if you qualify abend gender Review your alucarionquations now! your se lom 0 Marketplace Enjoy now. Pay over time. No interest. Shop now, pay later Buy the things you want and pay for them over 4 interest-free installments Qualifying purchases are between $50 and $600 2 A RoarMoney account with regular direct deposit is required. 3 Only one active Credit Builder Plus or Overtime loan is allowed. 4 Applying will not affect your credit scone. See quality Pay Later (upcoming) 1:17 4 Select Instacash amount $10 $15 $20 $25 $30 $35 $40 $45 Get $30 now Cash Advance 1174 Credit Builder Plus! Here's what we can offer you today to help you get cash, save money and build credit! Met your for Credit Builder Plus loan $500 15.99% APR Checking Account Transfered today Credit Reserved Account $400 upon poff entscomble immade the area of that you can $100 Lion's Share Loyalty Program Uplochbeckmonthly Next 100 Credit Builder#11A World Class Board to Realize the MoneyLion Mission 2 John Chrystal (Chair) The Bancorp CREDIT SUISSE Jeff Gary AVENUE CAPITAL GROUP BlackRock Q4 & FY 2021 Earnings Dwight L. Bush CAT T EMBASSY MA Lisa Gersh goop ARTHA M TEWA * R₁ Dee Choubey MoneyLion 3 CITADEL Securities Annette Nazareth TIES AND BACHANGE.COM Goldman Sachs Davis Polk 11 Greg DePetris CODA MARKETS APEX Fintech Solutions" Michael Paull Disney+ ESPA+ € Matt Derella Google Chris Sugden edisonpartners pwc#12Financial Results Q4 & FY 2021 Earnings 1⁰⁰#13Q4 and Full Year 2021 Strategic and Financial Update Completed de-SPAC transaction and transitioned to public company Completed acquisition of MALKA Media Group in November ▪ Announced acquisition of Even Financial in December and subsequently closed the acquisition in February ▪ Transitioned to warehouse origination financing model, launched two new debt facilities in Q4 o Increased receivable financing capacity threefold o Reduced cost of capital and simplified funding model ■ ■ Q4 & FY 2021 Earnings 13 10⁰#14Quarterly Performance Fourth consecutive quarter with +100% Y/Y Adjusted Revenue growth at +60% Adjusted Gross Profit margin Adjusted Revenue (1) (in millions) $14 $17 $19 Q/Q growth 18% Y/Y growth $25 13% $33 33% Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 $36 28% 125% $42 12% 114% $54 15% 119% 29% 112% Adjusted Gross Profit (2) (in millions) Margin 35% 14 $5 51% $9 55% Q/Q growth 73% Y/Y growth $11 56% 22% $14 60% 34% $19 61% 37% 285% $22 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 64% 14% 155% $27 21% 154% Note: Adjusted Revenue and Adjusted Gross Profit are non-GAAP measures. See the Appendix for a reconciliation of these measures to their nearest GAAP equivalents. See "Footnotes" section for detailed footnotes and definitions. Q4 & FY 2021 Earnings 66% $36 32% 151% 10⁰#15Annual Performance Strong momentum across Adjusted Revenue and Adjusted Gross Profit Adjusted Revenue (1) (in millions) $40 2019A Y/Y growth $76 2020A 90% $155 2021E 104% $165 2021A 117% Adjusted Gross Profit (2) (in millions) Margin 4% 15 $2 2019A Y/Y growth 51% $39 2020A 65% $100 2021E 159% 63% $104 2021A 170% Note: Adjusted Revenue and Adjusted Gross Profit are non-GAAP measures. See the Appendix for a reconciliation of these measures to their nearest GAAP equivalents. See "Footnotes" section for detailed footnotes and definitions. Q4 & FY 2021 Earnings#16Total Customers Continued growth in Total Customers, reaching 129% Y/Y growth in Q4 2021 Total Customers (³) (in millions) 1.0 Q1 2020 Q/Q growth Y/Y growth 1.0 Q2 2020 4% 1.2 Q3 2020 14% Note: See "Footnotes" section for detailed footnotes and definitions. Q4 & FY 2021 Earnings 1.4 Q4 2020 23% 16 1.8 Q1 2021 26% 85% 2.2 Q2 2021 20% 113% 2.7 Q3 2021 24% 131% 3.3 Q4 2021 22% 129%#17Key Operating Metrics Total Originations and Total Products driving positive Adjusted Revenue per Total Product trend Total Originations (4) (in millions) $62 $77 $117 Q/Q growth 24% Y/Y growth $155 52% $189 33% Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 22% 204% $237 Note: See "Footnotes" section for detailed footnotes and definitions. Q4 & FY 2021 Earnings $274 $386 26% 16% 209% 135% 41% 149% 17 Total Products (5) (in millions) 3.4 3.5 Q/Q growth Y/Y growth 4.0 6% 4.5 12% 5.1 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 13% 5.9 14% 53% 6.9 16% 67% 8.0 17% 75% 16% 79% 70⁰#18ARPU Summary $70 ARPU with upside to +$135 for mature cohorts 2021 ARPU $70 Total Customers (3) $135 + $65 1+ Product << Mature Cohorts >> $235 18 + $100 2+ Products Efficient marketing funnel combined with Even Financial synergies de-risks our growth plan and preserves a < 6 month payback period on customer acquisition Note: Total Customers ARPU is based on average Total Customers for 2021 and full-year 2021 revenue. ARPU for 1+ and 2+ products relates to median cohort performance for mature cohorts in 2021. Revenue used for 1+ and 2+ products excludes Advice related revenue. Note: See "Footnotes" section for detailed footnotes and definitions. Q4 & FY 2021 Earnings 10⁰#19Financial Summary Core and emerging businesses driving growth and profitability (in millions, unless otherwise stated) Adjusted Revenue by Type Fees Payments Advice Interest Adjusted Revenue (1) Adjusted Gross Profit (2) Adjusted EBITDA (7) Adjusted Net Income (6) Total Originations (4) Provision as % of Originations (8) Q1 2020 $11.5 1.5 0.7 0.8 $14.4 $5.0 ($6.8) ($7.7) $62 4.9% Q2 2020 $13.6 1.6 0.6 1.2 $17.0 $8.7 $1.2 $0.1 $77 (0.6%) FY 2020 Q3 2020 Q4 2020 $15.4 1.4 0.7 1.6 $19.2 $10.6 ($6.3) ($7.5) $117 5.7% $20.5 2.1 1.4 1.5 $25.5 $14.2 ($14.1) $155 5.7% 2020 ($13.2) ($25.0) $61.0 6.6 3.4 5.2 $76.1 $38.6 19 ($29.1) $410 4.4% Q1 2021 $25.5 3.8 1.3 1.9 $32.5 $19.4 ($1.2) ($3.2) $189 2.6% Q2 2021 $28.0 3.7 2.5 2.3 $36.4 $22.3 ($16.0) FY 2021 Q3 2021 $237 5.7% $32.8 3.0 3.4 2.8 $42.0 ($13.6) ($20.5) $27.0 Q4 2021 $274 4.6% $38.7 3.2 9.4 2.7 $54.0 $35.6 ($31.9) ($22.6) ($34.0) $386 5.5% One-time transaction related expenses and variable costs driven by outperformance reduce Q3 and Q4 2021 profitability, however, creates strong momentum heading into 2022 Note: Adjusted Revenue, Adjusted Gross Profit, Adjusted EBITDA and Adjusted Net Income are non-GAAP measures. See the Appendix for a reconciliation of these measures to their nearest GAAP equivalents. See "Footnotes" section for detailed footnotes and definitions. Q4 & FY 2021 Earnings 2021 $125.1 13.6 16.6 9.6 $164.9 $104.3 ($67.2) ($75.8) $1.1 B 4.8%#20Full Year 2022 Guidance (in millions) Adjusted Revenue (1) Adjusted Revenue Growth Adjusted Gross Profit Margin (2) Adjusted EBITDA (7) 2020 Actual $76 94% 51% ($25) 2021 Actual $165 117% 63% ($67) 2022 Guidance $325 - $335 97% - 103% 60% - 65% ($45) - ($50) MoneyLion exiting 2022 with breakeven Adjusted EBITDA Note: Adjusted Revenue, Adjusted Gross Profit and Adjusted EBITDA are non-GAAP measures. See the Appendix for a reconciliation of these measures to their nearest GAAP equivalents. See "Footnotes" section for detailed footnotes and definitions. Note: Full Year 2022 guidance assumes that Even Financial will begin contributing to MoneyLion's results following the close of the acquisition, which was in February 2022. Q4 & FY 2021 Earnings 20 10⁰#21Q1 2022 Guidance 2021 momentum translating into efficient growth (in millions) Adjusted Revenue (1) Adjusted Gross Profit Margin (2) Adjusted EBITDA (7) Q4 2021 Actual $54 66% ($32) Low $60 60% ($25) Q1 2022 Guidance High $65 65% ($20) Note: Adjusted Revenue, Adjusted Gross Profit and Adjusted EBITDA are non-GAAP measures. See the Appendix for a reconciliation of these measures to their nearest GAAP equivalents. See "Footnotes" section for detailed footnotes and definitions. Note: Q1 2022 guidance assumes that Even Financial will begin contributing to MoneyLion's results following the close of the acquisition, which was in February 2022. Q4 & FY 2021 Earnings 21 10⁰#22Conclusion ▪ Fortified balance sheet provides us ample resources to realize our strategic vision, exiting 2022 with breakeven Adjusted EBITDA ■ Accelerating user growth of our "all in one" financial platform demonstrates strong product market fit, with additional cross-sell and ARPU expansion opportunities High confidence in ability to scale marketing budgets while continuing to deliver efficient CAC and payback periods ▪ Strong data advantage allows us to aggregate consumer needs and goals and deliver a differentiated Marketplace strategy World class management team and Board of Directors in place Q4 & FY 2021 Earnings 22 1⁰⁰#23Thank You A Q4 & FY 2021 Earnings 4 SS#24Appendix Q4 & FY 2021 Earnings 1⁰⁰#25Reconciliation to Non-GAAP Financials: Adjusted Revenue ($ millions) Total revenues, net (GAAP) Add back: Amortization of loan origination costs Less: Provision for loss receivable membership receivables Provision for loss on receivable - fees receivables Revenue derived from products that have been phased out Non-operating income Adjusted Revenue (non-GAAP) Q4 & FY 2021 Earnings Q1 2020 $16.8 0.4 (1.0) (0.1) (1.6) (0.1) $14.4 FY 2020 Q2 2020 Q3 2020 Q4 2020 $17.0 $23.1 $22.6 0.7 (0.4) (0.1) (0.3) (0.0) $17.0 0.2 0.5 (3.4) 2.9 (0.5) (0.7) (0.3) 0.2 (0.0) (0.0) $19.2 $25.5 25 FY 2021 Q1 2021 Q2 2021 $33.2 $38.2 0.1 0.5 Q3 2021 $44.2 0.5 Q4 2021 $55.6 (1.0) (1.7) 1.5 (0.2) (0.9) (1.0) (0.6) (1.3) (2.0) 0.1 0.0 (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) $32.5 $36.4 $42.0 $54.0 FY 2019 $60.4 3.5 (0.1) (16.1) (0.9) $40.1 FY 2020 $79.4 1.9 (1.9) (1.4) (1.9) (0.1) $76.1 FY 2021 $171.1 2.5 (3.2) (5.6) 0.1 (0.0) $164.9#26Reconciliation to Non-GAAP Financials: Adjusted Gross Profit ($ millions) Total revenues, net (GAAP) Less: Cost of Sales Gross Profit (GAAP) Less: Revenue derived from products that have been phased out Non-operating income Adjusted Gross Profit (non-GAAP) Adjusted Gross Profit Margin Q4 & FY 2021 Earnings FY 2020 Q1 2020 Q2 2020 Q3 2020 Q4 2020 $17.0 $23.1 $22.6 $16.8 (10.1) $6.7 (1.6) (0.1) $5.0 35% (8.0) (12.2) $9.0 (0.3) (0.0) $8.7 51% (8.6) $10.9 $14.0 (0.3) (0.0) $10.6 55% 0.2 (0.0) $14.2 26 56% Q1 2021 $33.2 0.1 (0.0) (13.8) (15.9) $19.3 $19.4 FY 2021 60% Q2 2021 $38.2 (17.3) $22.3 $27.0 0.0 (0.0) $22.3 Q3 2021 $44.2 61% Q4 2021 $55.6 (0.0) (0.0) (19.9) $35.7 (0.0) (0.0) $27.0 $35.6 64% 66% FY 2019 FY 2020 $60.4 $79.4 (38.8) (41.7) $18.6 $40.6 (16.1) (0.9) $1.6 4% (1.9) (0.1) $38.6 51% FY 2021 $171.1 (66.9) $104.2 0.1 (0.0) $104.3 63%#27Reconciliation to Non-GAAP Financials: Adjusted Net Income (Loss) and Adjusted EBITDA ($ millions) Net income (loss) (GAAP) Add back: Change in fair value of warrants Charge in fair value of subordinated convertible notes Change in fair value of contingent consideration from M&A Stock-based compensation One-time transaction related expenses Other one-time expenses Less: Origination financing cost of capital Adjusted Net Income (Loss) (non-GAAP) Add back: Depreciation and amortization expense Interest expense related to corporate debt Adjusted EBITDA (non-GAAP) FY 2020 Q1 2020 Q2 2020 Q3 2020 Q4 2020 ($6.8) $1.1 ($5.5) ($30.4) 0.3 0.1 (1.3) ($7.7) 0.4 0.2 (0.2) 0.4 0.2 (1.6) (2.4) $0.1 ($7.5) 14.6 4.0 0.6 0.1 0.2 (3.2) ($14.1) 0.3 0.3 0.3 0.9 0.7 0.8 ($6.8) $1.2 ($6.3) ($13.2) 0.3 0.6 Q1 2021 ($73.4) 31.2 39.9 0.5 1.0 0.2 FY 2021 Q2 2021 Q3 2021 ($39.2) ($24.6) 17.6 9.6 Note: Origination financing cost of capital represents net interest expense attributable to Invest in America Credit Fund 1 LLC investors. Q4 & FY 2021 Earnings 27 1.3 0.4 (2.6) (2.8) (3.1) ($3.2) ($16.0) 0.5 0.5 1.5 1.8 ($1.2) ($13.6) 5.5 (7.7) 0.6 6.7 0.5 (3.5) ($22.6) 0.5 1.6 ($20.5) Q4 2021 ($27.6) (14.7) 6.2 2.6 2.3 0.5 (3.4) ($34.0) 0.9 1.2 ($31.9) FY 2020 ($41.6) $14.4 $4.0 $1.6 $0.1 $0.8 ($8.4) ($29.1) $1.1 $3.0 ($25.0) FY 2021 ($164.9) 39.6 41.9 6.2 5.0 10.4 (1.4) (12.7) ($75.8) 2.4 6.2 ($67.2)#28Footnotes (1) Adjusted Revenue is a non-GAAP measure and is defined as total revenues, net plus amortization of loan origination costs less provision for loss on membership receivables, provision for loss on fees receivables, revenue derived from phased out products and non-operating income. (2) Adjusted Gross Profit is a non-GAAP measure and is defined as gross profit less revenue derived from phased out products and non-operating income. (3) Total Customers is the cumulative number of customers that have opened at least one account, including banking, membership subscription, secured personal loan, Instacash advance, managed investment account, cryptocurrency account or affiliate product. (4) Total Originations is the dollar volume of the secured personal loans originated and Instacash advances funded within the stated period. (5) Total Products is the total number of products that our Total Customers have opened including banking, membership subscription, secured personal loan, Instacash advance, managed investment account, cryptocurrency account, affiliate product, or signed up for our financial tracking services (with either credit tracking enabled or external linked accounts), whether or not the customer is still registered for the product. If a customer has funded multiple secured personal loans or Instacash advances, it is only counted once for each product type. (6) Adjusted Net Income (Loss) is a non-GAAP measure and is defined as net income (loss) plus change in fair value of warrants, change in fair value of subordinated convertible notes, change in fair value of contingent consideration from mergers and acquisitions, stock-based compensation, one-time transaction related expenses and other one-time expenses less origination financing cost of capital. (7) Adjusted EBITDA is a non-GAAP measure and is defined as net income (loss) plus depreciation and amortization, interest expense related to corporate debt, change in fair value of warrants, change in fair value of subordinated convertible notes, change in fair value of contingent consideration from mergers and acquisitions, stock-based compensation, one-time transaction related expenses and other one-time expenses less origination financing cost of capital. (8) Provision as a % of Originations is defined as provision for loss on finance receivables for the period divided by total originations for the period. Q4 & FY 2021 Earnings 28 10⁰