#1MoneyLion Q4 & FY 2022 Earnings Presentation March 14, 2023#2Disclaimer Information presented in this presentation is based on information available to MoneyLion as of the date of this presentation and is subject to the completion of its annual closing procedures and review by MoneyLion's independent registered public accounting firm. Use of Non-GAAP Financial Measures Some of the financial information and data contained in this presentation, such as Adjusted Revenue, Adjusted Gross Profit and Adjusted EBITDA, 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. Money Lion 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 Money Lion'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 Money Lion'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. 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 Money Lion. Factors that could cause actual results and outcomes to differ from those reflected in forward-looking statements 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; MoneyLion's ability to acquire, engage and retain customers and clients and sell or develop additional functionality, products and services to them on the MoneyLion platform; MoneyLion's reliance on third-party partners, service providers and vendors, including its ability to comply with applicable requirements of such third parties; demand for and consumer confidence in MoneyLion's products and services, including as a result of any adverse publicity concerning Money Lion; any inaccurate or fraudulent information provided to MoneyLion by customers or other third parties; 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 success in attracting, retaining and motivating its senior management and other key personnel; MoneyLion's ability to renew or replace its existing funding arrangements and 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 ability to achieve or maintain profitability in the future; intense and increasing competition in the industries in which MoneyLion and its subsidiaries operate; risks related to the proper functioning of Money Lion's information technology systems and data storage, including as a result of cyberattacks, data security breaches or other similar incidents or disruptions suffered by Money Lion or third parties upon which it relies; MoneyLion's ability to protect its intellectual property and other proprietary rights and its ability to obtain or maintain intellectual property, proprietary rights and technology licensed from third parties; MoneyLion's ability to comply with extensive and evolving 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; MoneyLion's ability to maintain the listing of MoneyLion's Class A common stock and of MoneyLion's publicly traded warrants to purchase Money Lion Class A common stock on the New York Stock Exchange and any volatility in the market price of MoneyLion's securities; and factors discussed in Money Lion's filings with the Securities and Exchange Commission. There may be additional risks that Money Lion presently knows or that Money Lion 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 Money Lion'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. MoneyLion 2#3Rewiring The Financial System... ... so everyone can live their best money life MoneyLion™ Media Financial Products Data Marketplace 3#4Another Year of Record Performance Annual Adjusted Revenue (6) Adjusted Gross Profit Margin (7) 4% 51% Scale Growth Performance MoneyLion ■ ■ ■ I ■ ■ ■ I 6.5M Total Customers (1) 12.9M Total Products (2) 1,000+ Enterprise Partners (5) 33M+ User Profiles 97% Y/Y Total Customers growth in FY 2022 65% Y/Y Total Originations (3) growth in FY 2022 99% Y/Y Adjusted Revenue growth in FY 2022 55%+ Adjusted Gross Profit Margin $62 ARPU in Q4 2022 < 6 month payback period on customer acquisition $40 2019 Y/Y growth $76 100%+ CAGR 2020 90% 63% $165 202 117% (in millions) 59% $328 2022 Note: User Profiles represents unique customer profiles across our platform. ARPU is calculated by dividing annualized Adjusted Revenue for the period by average Total Customers for the period. 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. 99% 4#51M+ Total Customers (1) added in Q4 2022 1.8 Q1 2021 Q/Q growth Y/Y growth +400K MoneyLion 2.2 Q2 2021 20% 113% 2.7 Q3 2021 23% 131% 3.3 Q4 2021 22% 129% Note: See "Footnotes" section for detailed footnotes and definitions. +600K 3.9 Q1 2022 18% 115% 4.6 Q2 2022 19% 112% 5.4 Q3 2022 17% 101% +1.1M (in millions) 6.5 Q4 2022 20% 97% 5#6Expanding Products to Meet Our Customers' Needs While Increasing LTV Q1 2021 Mix of Total Products (2) Consumed 10% 3rd Party 90% 1st Party Added in Q1 21: 640K MoneyLion 5.1 Content and Marketplace synergies are driving product consumption 5.9 6.9 Q/Q growth 16% Y/Y growth 67% 17% 75% 8.0 Note: See "Footnotes" section for detailed footnotes and definitions. 9.0 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 16% 79% 10.1 12% 75% 11.3 13% 71% 12.9 12% 63% 14% 60% Q4 2022 Mix of Total Products (2) Consumed 34% 1st Party 66% 3rd Party Added in Q4 22: 1.6M 6#7MoneyLion™ Key Investor Takeaways Reached Positive Adj. EBITDA (8) in Dec. 2022 4th consecutive quarter of Adj. EBITDA improvement Positive Adj. EBITDA expected in FY 2023 Adjusted EBITDA is a non-GAAP measure. See the Appendix for a reconciliation of these measures to their nearest GAAP equivalents. See "Footnotes" section for detailed footnotes and definitions. 7#8MoneyLion™ Key Investor Takeaways 1M+ Total Customers (1) Added in Q4 2022 at < $10 Customer Acquisition Cost ("CAC") Strong unit economics resulting from our powerful flywheel Note: CAC reflects fully loaded acquisition spend per customer added, which is inclusive of paid digital marketing, brand marketing, marketplace acquisition costs and onboarding data costs. See "Footnotes" section for detailed footnotes and definitions. 8#9MoneyLion™ Key Investor Takeaways Reached Record Quarterly Adj. Revenue (6) of $92M in Q4 2022, up from $54M in Q4 2021 Diversified Consumer and Enterprise model drove ~100% Y/Y growth in FY 2022 Note: Adjusted Revenue is a non-GAAP measure. See the Appendix for a reconciliation of these measures to their nearest GAAP equivalents. See "Footnotes" section for detailed footnotes and definitions. 9#10MONEYLION offers both CONSUMER and ENTERPRISE solutions MoneyLion™ 10#11MoneyLion Our Consumer offering is a full-feature money app 11#12Consumer More Features = More Monetizable "Aha" Moments MoneyLion 1st Party Products & Offers Elb Banking Direct Deposit Early Paycheck Rewards Cash Advance Credit Builder Loans Al Powered PFM Insights Investing Steady Income Single Stocks Round Ups Peer to Peer Payments Crypto Credit Monitoring 3rd Party Products & Offers Auto Rent, Buy / Sell, Car Sharing Travel Home Get Repairs, Save on Utilities Earn Side Hustles Credit Cards Money & Adjacent Content Note: 3rd Party products & offers are provided through our Marketplaces, which are part of our Enterprise business. Insurance Auto, Life, Home High Yield Savings Loans Personal, Student, Auto, Home Education Student Loan Refi, Financial Aid APR TILLL HIIL Tax Preparation 12#13Our Enterprise marketplace powers the entire fintech ecosystem MoneyLion 13#14Enterprise Platform 腦四 000 1151 [°C Our one-to-many network enables a connection to hundreds of partners through a deep integration of our marketplace infrastructure and software ... MoneyLion™ Enterprise Web Services MoneyLion Does $ 8 S ↑ ... generating multiple transaction-based and recurring and SaaS revenue streams, with a suite of Web Services Suite of Web Services Analytics API Benchmark Reports Demand API Filtering Platform Reporting Market Comparison Insights Upcoming Launches 14#15Broad Network of Enterprise Partners (5) INSIDER Diversified Mix of Channel Partners PENNY HOARDER sk CNBC Upstart LendingClub money under 30 Best Money credit sesame EMPOWER RETIREMENT BENZINGA lendio Best Egg lantern SoFi MoneyLion™ US.News h houzz Financial publishers Mass news sites Product comparison sites Financial services providers Memberships, associations & other DOBA 000 Dol Note: See "Footnotes" section for detailed footnotes and definitions. Enterprise Web Services Money Lion Do is ($ E- Deep Partnerships with Product Partners Loans Credit cards Student loan refinance Savings Insurance Best Egg SoFi::: Upstart achieve Petal CreditOne BANK SoFi earnest Lendkey cíti CiT Bank Marcus: SoFi by Goldman Sachs > deserve PENFED CREDIT UNION Capital One Haven ETHOS bestow Life 15#16The Ultimate Platform for Embedded Finance Marketplaces, Products, Media, and Data MoneyLion Marketplace Third-Party Product Offers lyn Lyft Earn up to $3,000 Driving with Lyft can make you up to $3,000 within your first 30 days. Learn more Data Content @tatianacredit Products MoneyLion First- Party Products InstacashSM Advance $250 out of $250 available For all credit types "How many credit ca points do you need to Funds deposited in seconds happy?" Get instacash ~ 16#17Our Powerful Business Model More Financial Products & Product Partners (5) MoneyLion™ Better Recommendations & Larger Marketplace Improved Consumer Outcomes MoneyLion More Consumers & Data Note: See "Footnotes" section for detailed footnotes and definitions. More Conversions & Better Monetization More Channel Partners (5) 17#18Financial Update