#1Selina 2021 CONFIDENTIAL INVESTOR PRESENTATION OOOO TH#2Disclaimer This investor presentation (this "Presentation") is for informational purposes only to assist interested parties in making their own evaluation with respect to the proposed business combination (the "Business Combination") between BOA Acquisition Corp. ("BOA") and Selina Holding Company, UK Societas (the "Company"). The information contained herein does not purport to be all-inclusive and none of BOA, the Company or their respective directors, officers, stockholders or affiliates makes any representation or warranty, express or implied, as to the accuracy, completeness or reliability of the information contained in this Presentation or any other written or oral communication communicated to the recipient in the course of the recipient's evaluation of the Company or BOA. The information contained herein is preliminary and is subject to change and such changes may be material. This Presentation does not constitute (i) a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed Business Combination or (ii) an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any security of BOA, the Company, or any of their respective affiliates. You should not construe the contents of this Presentation as legal, tax, accounting or investment advice or a recommendation. 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. The data contained herein is derived from various internal and external sources. No representation is made as to the reasonableness of the assumptions made within or the accuracy or completeness of any projections or modeling or any information contained herein. Any data on past performance or modeling contained herein is not an indication as to future performance. The Company and BOA assume no obligation to update any information in this Presentation, except as required by law. The distribution of this Presentation may also be restricted by law and persons into whose possession this Presentation comes should inform themselves about and observe any such restrictions. The 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. This Presentation and information contained herein constitutes confidential information and is provided to you on the condition that you agree that you will hold it in strict confidence and not reproduce, disclose, forward or distribute it in whole or in part without the prior written consent of BOA and the Company and is intended for the recipient hereof only. L Certain statements in this Presentation may be considered forward-looking statements. Forward-looking statements generally relate to future events or BOA's or the Company's future financial or operating performance. For example, projections of future revenue, adjusted EBITDA and other metrics are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expect", "intend", "will", "estimate", "anticipate", "believe", "predict", "potential" or "continue", or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking statements. No securities commission or securities regulatory authority in the United States or any other jurisdiction has in any way passed upon them merits of the Business Combination or the accuracy or adequacy of this Presentation. Forward-Looking Statements These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by BOA and its management, or the Company and its management, as the case may be, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of negotiations and any subsequent definitive agreements with respect to the Business Combination; (2) the outcome of any legal proceedings that may be instituted against BOA, the Company, the combined company or others following the announcement of the Business Combination and any definitive agreements with respect thereto; (3) the inability to complete the Business Combination due to the failure to obtain approval of the shareholders of BOA, to obtain financing to complete the Business Combination or to satisfy other conditions to closing; (4) changes to the proposed structure of the Business Combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the Business Combination; (5) the ability to meet stock exchange listing standards following the consummation of the Business Combination; (6) the risk that the Business Combination disrupts current plans and operations of BOA or the Company as a result of the announcement and consummation of the Business Combination; (7) the ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and retain its management and key employees; (8) costs related to the Business Combination; (9) changes in applicable laws or regulations and delays in obtaining, adverse conditions contained in, or the inability to obtain regulatory approvals required to complete the Business Combination; (10) the Company's estimates of expenses and profitability and underlying assumptions with respect to stockholder redemptions and purchase price and other adjustments; and (11) other risks and uncertainties set forth in the section entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in BOA's final prospectus relating to its initial public offering dated February 25, 2021 and in subsequent filings with the Securities and Exchange Commission ("SEC"), including the proxy statement relating to the Business Combination expected to be filed by BOA. Nothing in this Presentation should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Neither BOA nor the Company undertakes any duty to update these forward-looking statements. Non-GAAP Financial Measures This Presentation includes certain financial measures not presented in accordance with GAAP including, but not limited to, Adjusted EBITDA and certain ratios and other metrics derived therefrom. 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. 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. Selina DISCLAIMER 2#3Disclaimer Non-GAAP Financial Measures (continued) 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. 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. Other companies may calculate these non-GAAP financial measures differently, and therefore such financial measures may not be directly comparable to similarly titled measures of other companies. In addition, such information and data may not be included in, may be adjusted in or may be presented differently in any proxy statement or registration statement to be filed with the SEC. There may also be material differences between the presentation of the financial information included in this Presentation and in the proxy statement. Use of Projections This Presentation contains financial forecasts with respect to the Company's projected financial results, including revenue and Adjusted EBITDA. The Company's independent auditors 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 did not express an opinion or provide any other form of assurance with respect thereto for the purpose of this Presentation. Projections used in this presentation should not be relied upon as being necessarily indicative of future results. The assumptions and estimates underlying the prospective financial information are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the prospective financial information. Accordingly, there can be no assurance that the prospective results are indicative of the future performance of the Company or that actual results will not differ materially from those presented in the prospective financial information or that the prospective financial information will be the same as that presented in the proxy statement related to the Business Combination. Inclusion of the prospective financial information in this Presentation should not be regarded as a representation by any person that the results contained in the prospective financial information will be achieved. Industry and Market Data In this Presentation, BOA and the Company rely on and refer to certain information and statistics obtained from third-party sources which they believe to be reliable. Neither BOA nor the Company has independently verified the accuracy or completeness of any such third-party information. You are cautioned not to give undue weight to such industry and market data. This Presentation may include trademarks, service marks, trade names and copyrights of other companies, which are the property of their respective owners. Solely for convenience, some of the trademarks, service marks, trade names and copyrights referred to in this Presentation may be listed without the TM, SM, (c) or (r) symbols, but such references are not intended to indicate, in any way, that the applicable licensor will not assert, to the fullest extent under applicable law, its rights to these trademarks and trade names. We do not intend our use or display of other companies' trade names, trademarks or service marks to imply a relationship with, or endorsement or sponsorship of us by, any other companies. Additional Information In connection with the proposed Business Combination, BOA intends to file with the SEC a registration statement on Form F-4 and/or a proxy statement. This Presentation does not contain all the information that should be considered concerning the proposed Business Combination and is not intended to form the basis of any investment decision or any other decision in respect of the Business Combination. BOA's shareholders and other interested persons are advised to read, when available, the preliminary proxy statement/prospectus and the amendments thereto and the definitive proxy statement/prospectus and other documents filed in connection with the proposed Business Combination, as these materials will contain important information about BOA, the Company and the Business Combination. Shareholders will be able to obtain copies of the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus and other documents filed with the SEC, without charge, once available, at the SEC's website at www.sec.gov, or by directing a request to BOA. Participants in the Solicitation BOA and its directors and executive officers may be deemed participants in the solicitation of proxies from BOA's shareholders with respect to the proposed Business Combination. A list of the names of those directors and executive officers and a description of their interests in BOA is contained in BOA's final prospectus related to its initial public offering dated February 25, 2021, which was filed with the SEC and is available free of charge at the SEC's web site at www.sec.gov, or by directing a request to BOA. Additional information regarding the interests of such participants will be contained in the proxy statement/prospectus for the proposed Business Combination when available. The Company and its directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of BOA in connection with the proposed Business Combination. A list of the names of such directors and executive officers and information regarding their interests in the proposed Business Combination will be included in the proxy statement for the proposed Business Combination when available. Definitions of certain capitalized terms used herein are provided in the appendix to this presentation Selina DISCLAIMER 3#4Selina AGENDA ULK Introduction Our Story The Selina Platform Technology and Data Overview TOWN'S Growth Drivers Financial Highlights Transaction Overview FERRE A#5HOUL NATHAV Nw 3 WY ACCESS Password Selina Selina NO ACEPTAMOS DOLARES WE DO NOT ACCOP Selina CHECK OUT 11:00 AM INTRODUCTION STUHRL C 46 TAVINI ESCAPE THE ORDINARY ww#6Today's Speakers Selina Selina RAFAEL MUSERI Co-Founder & CEO 20+ years of experience DANIEL RUDASEVKI Co-Founder & CGO 20+ years of experience BARBARA ZUBIRIA CFO 20+ years of experience STEVEN OHAYON VP Strategy 10 years of experience TM Dekel HOLDINGS Dekel HOLDINGS cerberus Deloitte. TELVENT HAYA NOMURA BOA BOA Acquisition Corp. BRIAN FRIEDMAN Chairman & CEO 20 years of experience BEN FRIEDMAN CFO 11 years of experience F- FRIEDMAN CAPITAL KeySource™ COS citi IHG TELEC ROSEWOOD INN OF THE ANASAZI LINE Bank of America INTRODUCTION 6#7BOA Overview BOA Overview • $230mm SPAC formed to invest in businesses that provide innovative and technological solutions for the broader real estate industry ● Seeks to take advantage of the opportunity in the midst of COVID-19 where accretive solutions and disruptive innovation are needed for margin improvement in the sector T Selina Industry Expertise Comprised of investors, operators and leaders in the real estate sector seeking to leverage sector specific expertise to unlock opportunities ● ● Management has a strong record of investment in lifestyle focused properties across major US markets Well versed in public equity investing, private and public M&A, divestitures, and corporate strategy across the real estate and technology sectors Target Thesis Focus on companies with distinct competitive advantages and the operational acumen to improve the real estate sector through innovation and optimization Select investment criteria includes: ● ● Growth potential with a large addressable market • Competitive moat Proven unit economics ● ● • Best-in-class management team ● Benefit from being a public company ● INTRODUCTION 7#8BOA: Supported by Experienced Board & Advisors Independent Board of Directors¹ Strategic Advisors Selina Anthony Wanger, President & Founder, 10 Data Centers Lorron James CEO, James Group International Shane Battier Vice President, Miami Heat J.P.Morgan Pritzker Group Children's National. SATTIER TAKE B CHARGE FOUNDATION Jenny Abramson Founder & Managing Partner, Rethink Impact G Srikanth Batchu Head of Advertising, Instacart BCG EV ELLEVEST Goldman Sachs MACAQUA AUTOMOTIVE SERVICES, LLC DUKE FUQUA SCHOOL OF BUSINESS BainCapital instacart io TOYOTA NFL PLAYERS ASSOCIATION MIAMI HEAT RETHINK IMPACT winnie STERLING PARTNERS McKinsey School of Business W.P. Carey Arizona State University 1.Brian Friedman (CEO) is the Chairman, and Ben Friedman (CFO) is a member of the BOA Board of Directors. & Company Opendoor POSITIVE COACHING ALLIANCE HEALTH David Glazer, CFO & Treasurer, Palantir Technologies Sam Beznos CEO, Beztak Companies Dennis Ratner Former CEO, Ratner Companies Q Palantir BUBBLES Cielo Che Griffin Rotman Principal, Roystone Capital Management ^ BEZTAK COMPANIES SALON PLAZA Roystone HO Hair cuttery INTRODUCTION 8#9Investment Highlights ‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒ 2 Scaled Platform Selina ‒‒‒‒‒‒‒‒‒‒‒‒‒‒ ‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒ ----------‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒ Clear Path to Near-Term Profitability Differentiated Product Offering Secured Pipeline with Asset-Light Model Long-Term Growth Opportunity 1. Includes Open and Secured beds and countries as of November 2021. 2. Excludes Remote Year revenue. 3. As of June 2021 for all locations, calculated based on lifetime NPS starting from November 2018. 4. Based on average engagement in Q1 2021, which is calculated as average likes plus average comments per post divided by total followers. Peers include: Soho House, The Standard, CitizenM, Moxy Hotels, Marriott, AirBnb, and MamaShelter. 5. Based on Q1 2021. Measures revenue from non-guests. 134/~35,000 Locations¹ / Beds¹ Adj. Corporate EBITDA Positive by Q1 2023 47/3.1x NPS Score³/Social Media Engagement Relative to Traditional Hospitality Operators4 ~$350mm6 Commitments from Capital Partners to Triple Bed Count by 2025E $1.2bn / 27% 2025E Revenue / 2025E Unit-Level EBITDA Margin 23 Countries¹ ‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒ +95% of 2022E Revenue from Open and Secured Beds² 61% of F&B Revenue from Local Communities5 ~90% of Hotel Conversion Funded by Capital Partners? +80% of 2025E Revenue from Open, Secured, and Capital Partners Beds9 6. As of end of Q3 2021. Assumes price per bed of $8,750 which implies 40,000 new beds from the $350 million commitments from Capital Partners. 7. In each of Selina's Capital Partner contracts, Selina is only responsible for funding, at most, pre-opening costs, which are generally 10% of development costs. 8. Total revenue includes Remote Year. Unit-Level EBITDA margin excludes Remote Year and Other revenue. 9. Based on $940mm revenue from Open and Secured beds and beds financed by Capital Partners over total revenue excluding Remote Year of $1,115mm. INTRODUCTION 9#10OUR STORY EST WARFARELY 528 Selina Jaco, Costa Rica#11Our journey began in a small fishing village in Panama where we brought travelers together in an environment that blended work and travel with an authentic, local experience Selina OUR STORY#12Who We Are Selina is a locally hosted global community of remote workers and digital nomads We are the first global play, stay, work ecosystem We have created a community of over 1mm unique guests We have scaled to 134 locations in 231 countries across 5 continents Selina 1. Includes both Open and Secured locations as of November 2021. STAY PLAY 3.374 ORADEA WORK EXPERIENCE CLUB LATINO Seling POLE DANCE CLASS FIRE SHOW! COCHONA PARTY WORKSHOP MEDICINAL HERS AND NATURAL REMEDIES Selina +1mm Unique guests 66% made a new friend 50% Direct sales OUR STORY 12#13Millennials & Gen Z Travelers Are a Substantial Market Opportunity... Selina Millennials and Gen Z spend ~$350bn per year on travel¹ 1. Source: AARP and United Nations World Population Prospects data as of 2019. Selina estimate based on travel spend by generation and population size by generation. 2. Source: "Hotel and Other Travel Accommodation Global Market Report 2021: COVID-19 Impact and Recovery to 2030" by The Business Research Company as of January 2021. $802bn 2021 Global Hotel and Other Travel Accommodation Market² OUR STORY 13#14...With Specific Preferences and Needs Remote Work By 2028 73% of all departments are expected to utilize remote workers³ Selina Experiences First 78% prefer to spend on experiences over material goods¹ Connections 23% of Millennials travel specifically to meet and befriend other travelers4 Wellness 830mm international and domestic wellness trips made by world travelers² 1. Harris Interactive report based on a survey conducted online within the United States by Harris Poll on behalf of Eventbrite from June 27-July 1, 2014 among 2,083 adults ages 18 and older, among which 507 were millennials ages 18-34. 2. Global Wellness Institute 2018 reporting 2017 travel statistics. 3. Upwork's FutureWorkplace Report published on 3/5/2019. 4. The Wandering RV - Millennial Travel Stats published on 2/7/2021. We believe these trends have become more pronounced due to COVID-19 OUR STORY 14#15Current Offerings Fail to Satisfy Their Preferences... Global Hotel Brands Minimal remote work capabilities Misaligned pricing Selina Hostels Limited amenities Poor guest experience Short-Term Rentals Minimal opportunity to connect with others Inconsistent quality 4 OUR STORY ● 15#16...Which Has Created a Significant Opportunity We believe there is a significant opportunity to convert existing, poorly appointed room supply to destinations developed specifically with the Millennial and Gen Z traveler in mind Selina Global Demand $802bn¹ Neglected demand 43% Travel Spend From Millennials and Gen Z² Global Supply 16.9mm rooms³ Only 2 of the 159 brands owned by large, global hotel companies are developed for millennial and Gen Z travelers5 Supply White Space = ~6.5mm rooms ripe for conversion <3% Rooms Designed for Millennials and Gen Z4 = 40% Potential Underutilized Supply 1. Global Hotel and Other Travel Accommodation Market Size per "Hotel and Other Travel Accommodation Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report by The Business Research Company as of January 2021. 2. Calculated as $350bn Millennial and Gen Z travel spend divided by Global Demand spend on travel of $802bn. 3. STR Global Reports as of 2020. 4. Selina estimate, which includes ~475K of boutique and soft brand hotel rooms per STR Global Reports as of 2020. 5. Includes Moxy Hotels and Jo&Joe. Based on total hotel brands of Marriott International, Wyndham Hotels & Resorts, Choice Hotels International, Hyatt, Accor Hotels, IHG Hotels & Resorts, and Hilton. Source: STR Global Reports as of 2020. OUR STORY 16#17Selina: The Complete Offering at a Democratized Price Accommodation Traditional Lodging Selina Co-Working Powered by Local Content & Programming Shared Spaces s and Transportation Food & Beverage Alternative Accommodations / Hostels Selina Selina Chelsea, NYC Selina Los Lirios Tulum, Mexico Selina 34 Selina La Fortuna, Costa Rica Selina 1650, Selina Granada, Nicaragua We provide a full-service experience at a democratized price point that is more accessible to Millennials and Gen Z than traditional lodging options OUR STORY ●●● 17#18How We Do It O. Source Identify underperforming hotels through proprietary technology 80%+ of deals executed off- market and without brokers¹ 20%+ discount to market lease prices² Selina Convert Local experience boards create hyper- local concepts ~120 days to convert³ Increase density of beds per location Add new revenue generating products such as co-working and F&B +++ 000 000 000 Activate and Operate Plug converted destination into Selina's hospitality technology platform Partner with local F&B providers to attract locals and experience seeking travelers Activate programming and content strategy 40% of location revenue generated from non-room products (e.g., co-work, experiences, and F&B)4 1. Based on 169 deals since 2014. 80% includes deals sourced by Selina employees. 2. Market lease rates based on internal analysis done prior to Selina closing transactions on the last 27 deals from mid-2019 to April 23, 2021. 3. Average of last 20 locations opened between March 2020 June 2021. Conversion time is the time between Selina receiving keys to begin Selina's own conversion, and opening, excluding months where development could not occur due to COVID-19 restrictions. 4. Based on Q3 2021. Calculated as F&B and Experience revenue divided by total revenue. OUR STORY 18#19Differentiated Business Model Drives Attractive Payback Period With Long-Term Earnings Potential ~90% of conversion costs funded by Capital Partners¹ Long-Term Landlord commitment to Selina² <2 Year Rent penalty cost for early lease termination³ Selina EBITDA Payback Period4 Capex Investment 8 QO Q1 Profitable by Q25 Q2 1. In each of Selina's Capital Partner contracts, Selina is only responsible for funding, at most, pre-opening costs, which are generally 10% of development costs. 2. A majority of Selina's long term leases range from 15-20 years based on deals with signed contracts from 2014-2021. 3. Based on medians of all properties open by the end of 2018 (and that had at least 5 quarters of operation pre-COVID). 4. Calculated as average quarterly EBITDA for locations ramping from 0 to 24 months divided by Selina's out of pocket capex contribution of $650 per bed (pre- opening costs). Data based on properties that had least 5 quarters of operations pre-COVID (pre-March 2020). Q3 Q4 Payback by Q56 Q5 Q6 Mature by Q8 Q7 5. Before COVID-19 (i.e., February 2020), Selina properties generated an EBITDA of $44 per bed in its second quarter of operations on average. 6. Before COVID-19 (i.e., February 2020), Selina properties generated a median EBITDA of $727 per bed and an average of $900 per bed in the first five quarters, which is greater than its current average out-of-pocket investment of $650 per bed. Q8 OUR STORY ● ● ● ● 19#20Destination Case Study: Miami Gold Dust and Little River SUMMARY In the last year, we opened two destinations in Miami outside of the traditional Miami Beach hotel scene We created destinations powered by local F&B, content, and programming that are producing drastically improved economics PRE-SELINA¹ $53 Room RevPAR Selina $0 F&B and Others Conversion costs were fully funded by our Capital Partners who purchased the assets and leased to Selina SELINA² 1. Based on 2019 full year data. 2. Unit-Level results for Q3 2021 for Miami Gold Dust and Miami Little River using weighted average method by number of bedspaces. 3. Based on Selina's rent per key per month compared to Selina's research and previous negotiations in market. 4. Source: CBRE Miami Hotel report as of Q1 2021. 5. Based on Q3 2021. $118 Room RevPAR $83 F&B and Other RevPAR 16% 5 Unit-Level EBITDA Margin Ein BEAM EE Selina Selina Miami Hotel Market Concentration SHEH We leased our locations at a >50% discount³ to leases in Miami Beach while generating similar revenue per available room4 OUR STORY 20#21Selina Can Use This Playbook Around the World We convert old, tired hotels into exciting, contemporary locations that generate, on average, a 2.4x¹ increase in revenue compared to prior hotel operators Urban BEFORE Lisbon, Portugal BEFORE Rio de Janeiro, Brazil Selina AFTER Revenue Uplift 2.9x AFTER Revenue Uplift 10026 3.6x Remote BEFORE Puerto Viejo, Costa Rica BEFORE Red Frog, Panama AFTER Revenue Uplift 5.9x AFTER Revenue Uplift 2 7.4x CHOPI 1. Calculated as total revenue uplift over previous operators based on sample of 32 hotels from Guatemala, Costa Rica, Panama, Mexico, Peru, UK, Portugal, Ecuador, Argentina, Colombia, and Israel for properties for which we are able to source pre-Selina revenue figure. Pre-Selina revenues provided by landlord, and are last full year of operations pre-Selina. Selina figures are 2019 FY (if open for less than full year then revenue is annualized) or 2021 FY for properties opened in 2020. 2. Based on 2019 Selina Unit-Level Revenue divided by pre-Selina Unit-Level Revenue. OUR STORY 21#22THE SELINA PLATFORM W EL PA Like SOU NEGRO CENSION r Selina Lapa Rio de Janeiro, Brazil#23We Spent the Last Six Years Building and Scaling the Platform ~250 BEDS 2 LOCATIONS 2015 Selina 1. Today, as of November 2021. 2. Includes 18,675 Open beds and 16,691 Secured beds. 3. Includes 83 Open locations and 51 Secured locations. ~2,400 BEDS 16 LOCATIONS 2017 ~12,000 BEDS 54 LOCATIONS 2019 ~35,000 BEDS 1,2 134 LOCATIONS1,3 Includes Open & Secured TODAY Our Platform Consists of: 1 2 3 Tech-Enabled Infrastructure Powerful and Engaging Brand Authentic Global Community THE SELINA PLATFORM 23#241 Our Proprietary Tech Platform Enables Us to Scale Quickly and Operate Efficiently '|| Propietary Real Estate Sourcing We can map distressed, off-market real estate in cities around the world Tech-Enabled Operations Our locations can be fully cashless with remotely monitored utility costs and ability to predict maintenance issues from our headquarters Selina Owned PMS Our owned and flexible PMS can create and sell alternative products like subscriptions, co-working packages, tokens¹ and more Selina Exchange Our platform can exchange unsold rooms to content providers like musicians, artists and yoga instructors, drastically reducing programming costs 1. Cashless Selina currency used to pay for products and offerings at properties. Selina JACO, COSTA RICA BUENOS DIAS ALEXANDRA We see another Selina wristband in your very near future! Need a ride to Selina Bocas del Toro, Isla Colon? Trip Details X Home BOOK MY SHUTTLE I don't need a ride EXPERIENCES Discover all > Locations 3 My Trips & Profile Chat A Home Locations Costa Rica CO-WORK CARTAGENA from per $12 day | ណ SELINAS NEARBY My Trips Panama & Profile RESERVE Chat View all > Nicaragua THE SELINA PLATFORM 24#252 Selina is the Largest Hospitality Brand Built to Address the Needs of Millennial and Gen Z Travelers # of Open locations First Opening JO& 300 Selina 2016 Countries 2 4 freehand 2012 1 00 The Standard ACE HOTEL 1998 3 10 Source: Company websites, SEC filings where available. Note: Peer locations only includes Open properties. 1. Includes both Open and Secured locations as of November 2021. 2006 3 10 the hoxton 1999 5 15 MAMA SHELTER 2008 8 15 THE STUDENT HOTEL 2006 6 15 4 1995 10 25 citizen 2008 9 31 SOHO HOUSE 1995 14 33 M MEININGER SOTILE 1999 9 111 moscy HOTELS 2014 22 134 Open + Secured -‒‒‒‒‒‒‒‒ 1 = H 83 Open Selina¹ 2015 ■ 23 THE SELINA PLATFORM 25#262 Selina Has an Established Brand That Resonates With Our Target Customers... Superior NPS Satisfaction¹ Selina² Retail Lodging and Gaming Peer Set Average³ 18-34 y/o 6 High Direct Bookings Levels 4,5 Selina Selina 47 32% 50% 1. Peer NPS scores are sourced from a third party data provider. Source: Customer Guru 2021. 2. As of June 2021 for all locations, calculated based on lifetime NPS starting from November 2018. 66% Of Guests Make a New Friend6 3. Includes Wyndham, Hilton, MGM Resorts, Marriott, Hyatt, and Wynn Resorts. 4. Selina Direct bookings as of Q3 2021. Includes bookings made through our web, app, subscription channels, call center, walk-ins, and/or extensions. 5. Source: Phocuswright. Selina Destinations with the highest guest social experiences (i.e. guests that make friends) achieve the highest NPS & RevPOBs "This is my first time at a Selina property and I'm fully in love. The rooms are great value...the food and service is impeccable and the rooftop is a vibe. If you're a young professional looking to have a workcation, then this is the hotel for you - with the co-work and the space in the lobby to work you'll meet some other fellow travelers who are here too. The team here are all so passionate about the hotel and it really is an extension of the location it's in." - Selina Theatrou Athens, 10/18/207 6. Based on 6,734 responses to Selina's guest survey as of 6/5/2021 (YTD 2021). 7. Source: TripAdvisor. THE SELINA PLATFORM 26#272 ...With a Reach and Level of Engagement That Proves the Strength of Our Community Engagement rate¹ 1.48% 1.42% Selina Influencers³ A to Selina (4%) Selina 1.00% PELOTON (32%) 0.89% можу HOTELS (40%) 3.1x Average Engagement to Peers² 0.65% SOHO HOUSE 0.49% 0.44% ACE HOTEL citizen 0.44% Peer Average²: 0.48% 0.33% (56%) (67%) (70%) (70%) (78%) The Standard lululemon M MARRIOTT 1. Source: Rival IQ 2021 Social Media Industry Benchmark Report as of February 2021. 2. Average engagement calculated as average likes plus average comments per post divided by total followers. Calculated as a simple average of all the peer companies excluding Influencers, Peloton and Lululemon. Data as of Q1 2021. 3. Represents top 1,000 Instagram personalities by number of followers. 4. As of 11/15/2021. Based on followers from Instagram, Facebook, LinkedIn and TikTok. ‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒ 0.25% (83%) 0.21% airbnb (86%) 1888T in 30 2.2mm+ Followers today4 200k+ average monthly interactions (comments, likes, saves)5 We have reached over 410mm+ people with our content over the last twelve months6 5. As of YTD 11/15/2021. 6. Reach refers to the total number of unique accounts that have seen a post or story across Instagram, Facebook and TikTok over the last twelve months as of 10/31/2021. THE SELINA PLATFORM 27#283 We Have a Growing Community of Local Talent and Creators That Spread Our Brand Around the World Locally Hosted Experiences Selina 190+ Concept Ambassadors¹ 300+ F&B and Other Operating Partners Note: As of Q3 2021. 1. Based on Company estimates. 2. Includes contractors and interns. 2.3 million Visitors³ ~1,800+ Artists & Designers¹ 3. Based on Company estimates for 2022E. In 2022, we will operate an average of 32k beds times an occupancy of 56% x 365 days in year divided by an average length of stay 2.8 days. 2,000+ Content Providers¹ 1,600+ Employees² 40% of location revenue generated from non-room products4 61% F&B revenue comes from local communities5 4. Based on Q3 2021. Calculated as F&B and Experience revenue divided by total revenue. 5. Local communities refers to non-guests at Selina who are consuming F&B and Experience related products. THE SELINA PLATFORM 28#29Our Platform is Designed For Rapid Scaling With a Near-Term Path to Profitability Highly Engaged Consumers Selina Authentic Brand Efficient Asset Transformation Driven by Local Community Selina Drives Increased Brand Awareness Profitable Scaled Business Attractive Unit Economics Tech Capabilities Driving Efficient Operations Ability to Attract Significant Growth Capital THE SELINA PLATFORM 29#30mber W X TECHNOLOGY AND DATA OVERVIEW Selina Antigua, Guatemala#31PMS¹ / RMS² / BI³ / UPSELL Selina SELINA Hey Ariel, check out this weekend offer in Costa Rica! Selina STAY LIVE WORK EXPLOAD Selina Already have a trip booked? Find your booking SELINA Costa Rica Panama View all > Nicaragua Sun 19:33 PRODO 1. Personal Booking Engine Matches the customer's exact needs using the best conversion methodologies. 1. PMS represents property management system. 2. RMS represents revenue management software. 3. Bl represents business intelligence. ean DATA LAKE Firt TRIP DETAİLS Booking ID: 1234567 Selina Santa Theresa North, Costa Rica Cra. 32d## 9-17, lorem ipsum loremlo mlorem, laco, Costa Rica Check In 15 Feb 2021 2:00 PM ALL DETAILS Check Out 15 Mar 2021 12 AM D CHECKED IN Sunday 4 April 2022 at 3 PM 2. App Pre-Check-In When checking in, the customer confirms or customizes their preferences and needs. MODELS PERSONALIZED EXPERIENCE < Apr 25 ALL X Home EXPERIENCES PARTY IMPACT Apr 26 120 Experiences My Expiriences TA Selina Jaco > FOR YOU PRIVATE SURF LESSON @playa Jaco, Puntarenas Lorem ipsum 5 CO WELLNESS Apr 27 EVENT SURF E Apr 28 TOURS YOGA PRENTALS Apr 29 > MUSIC 8 Pulle MEDITATION RESET DATES Beach house FREE 3. Customized Offers According to the customer's input, we offer them free experiences to enhance their stay. TECHNOLOGY AND DATA OVERVIEW 31#32490 PMS / RMS / BI / UPSELL Selina CO-WORK TYPE SURF WEEKEND Go off-grid and stay connected! Work from the beach, the jungle, or the mountains thanks to our off-grid coworking spaces. Selina's WiFi service offers the highest bandwidth and speed in the area however due to local infrastructure and weather conditions outside of our control, guests may experience temporary outages. WHAT'S INCLUDED E Coffee Printer Kitchen WIFI SPEED 40-100 Mbps Ocean View 4. Upselling According to the customer's input, we'll find well-suited additional offerings that might interest them. DATA LAKE HEGYS MODELS Selina SELINA Hey Ariel, surf conditions are ideal in 30 mins! Wake up! Sun 6:00 5. Interactive Experience Customized notifications and interactions: - Surfer? Wake up for the waves! - Yoga lover? Check out this class! PERSONALIZED EXPERIENCE Bay P ALSO AT SELINA JACO, MEXICO DURING YOUR TRIP Nora = CONNECT X ●ONLINE NIMANA MCNAMO ISRAEL SACO MEXICO Connor Rini M Helen 96 Steve DISCONNECT 8 CHO Leo 1999 Zion H 6. Connect! Find out who is around via app and meet during one of our curated experiences or at one of our F&B locations. TECHNOLOGY AND DATA OVERVIEW 32#33PMS / RMS / BI / UPSELL X Home Selina CONTACT US Hey Hagar! How can I help? My room 1 Locations CHAT WITH US 3. My Trips 8 Chai 7. Customized attention Chat with our connectors who are here to help you have the best experience. DATA LAKE X HI NICOLAS! My Selina Profile Connect Selina with members. Active Luna Membership You have-127,000. My Wallet Setting D MODELS NNI EN KE M NN D 8. Checking out? Don't forget to sign up for Luna Loyalty to claim your tokens and take your playlist on the go. DO FRATE PERSONALIZED EXPERIENCE My Luna Bala WASAN UEVA LUND O Your Current Balance 20,000 Tokens Einat, 327 more tokens will get you a Free Night! BOOK TO EARN TOKENS Selina SELINA Hey Ariel, Morocco is waiting for you! 06-11 Apr 2020 Confirmation 10 827992727722 s Luna La Fortuna Costa Rica 21 Dec 2019-3 Jan 2020 Earned +100,000€ Earned +122.000 Sat 11:00 9. Where to next? According to the customer's profile and our optimization, we offer customized options for their next trip. TECHNOLOGY AND DATA OVERVIEW ● ● ● ● 33#34DHODHALAT HEHHEERHUKA AUBERHE GROWTH DRIVERS Selina Chelsea, NYC#35Significant Supply and Demand Tailwinds Demand Tailwinds Provide Long-Term Opportunity Pent-up travel demand with increased disposable income ‒‒‒‒‒ H ‒‒‒‒‒‒ ‒‒‒‒‒‒ Selina Improved acceptance of alternative accommodations Focus on health and wellness Remote work -‒‒‒‒‒I ‒‒‒‒‒ ‒‒‒‒‒ Selina I Supply Dynamics Aligned with Selina's Strengths Limited brands/ offerings for Millennials and Gen Z XXX Globalization creating more attractive destinations More capital available for real estate opportunities Properties rely on strong, identifiable brands to compete Selina is well positioned to take advantage of these trends ‒‒‒‒‒ ‒‒‒‒‒ 999999 18588 PREC 5000 1888888 ‒‒‒‒‒‒ GROWTH DRIVERS 35#36Increased Demand for Selina Destinations We are experiencing demand greater than pre-COVID-19 levels, and our outperformance in new openings signals brand resonance with our target customers Selina Indexed Net Advanced Bookings¹ 200% 175% 150% 125% 100% 75% 50% 25% 0% Jan-20 Selina Feb-20 Mar-20 Apr-20 May-20 All Locations Today Open Locations in January 2020 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 1. Net of cancellations. 2. Based on all deals from January 2020 to April 2021. 3. Includes private room occupancy only in markets where Selina has Open locations. Source: STR. Nov-20 Dec-20 ww Jan-21 Feb-21 Mar-21 and Apr-21 May-21 Jun-21 68% Increase from property openings through COVID-19 13% Above pre-COVID-19 same-store net advance bookings levels 56% Average occupancy 60 days after opening2 31% Higher occupancy relative to comparable hotels in Selina markets³ GROWTH DRIVERS 36#37Innovative Subscription Channels to Drive Community Growth NOMAD PASSPORT Selina Subscription Offerings Subscription model that allows guests to stay at any Selina for as long as desired with full amenities including accommodation, co-working, wellness activities, and locally-curated events 2,600+ $800 Packages Sold since September 2020 Launch¹ Subscription per Month² Selina 3% Acquisition Cost per New Subscriber³ 1. As of 6/21/2021. 2. Based on average monthly data from June 2021. 3. Based on April, May, and June 2021 CAC as a % of monthly revenue. 4. Based on Company data from Q1 2019 and Q1 2021. REMOTE YEAR Seamless Plug-In of New Brand Platform that provides similar work / stay / play offering in remote destinations often utilizing Selina destination for these guests 1mm Customer Database¹ 55% Increase in New Member Signups Q1'21 over Q1'194 Both programs leverage Selina's capabilities to deliver a community-based offering with flexible work, learn, and stay solutions to an expanding class of digital nomads 24% Steady-State 2025E EBITDA Margin GROWTH DRIVERS 37#38Selina's Capital Partners Are the Engine Driving Near-Term Growth Powerful Capital Partnerships Provide Line of Site to Explosive Growth ~$350mm committed capital¹ from Capital Partners in 12 geographies funding 40k future beds² Capital is available at Selina's discretion Proven demand with $35mm+ capital committed during the COVID-19 pandemic³ Selina Diverse Global Footprint of Capital Partners with Significant White Space to Expand Presence Germany USA Mexico Panama Chile 1. As of 10/31/2021. 2. Assuming that $350mm of capital converts to 40k beds and 10k rooms (assumes four beds per room on average). 3. Represents commitments from Capital Partners in Panama ($3.6 million) and Morocco ($31.7 million) from 3/31/2020 to 6/25/2021. Miami Caribbean Puerto Rico Brazil Portugal Spain Morocco UK Greece Israel Today Under Negotiations Thailand Australia New Zealand GROWTH DRIVERS 38#39Clear Unit Expansion Strategy With Partner Committed Capital and a Large Pipeline 95+% Of 2022E portfolio already Open or Secured¹ ~8k Added Secured Beds in Q2 and Q3 2021, run-rate of ~16,000 per year ~6k Beds currently in advanced. negotiations, including portfolios² Selina Current to 2025E Bridge 19K Current Beds ³ 15K Secured Beds in '22E 1K Organic Growth / Portfolio Acquisitions 35K 2022E Beds 1. Calculated as Opened and Secured revenue divided by total Selina revenue. Based on 35k beds Open by end 2022 with 19k beds currently Open and another 15k Secured (and due to Open by end of 2022). 2. As of Q3 2021. 3. As of Nov 2021. 1K Secured Beds in '23E 40K Funded by Partners 25K Organic Growth / Portfolio Acquisitions 102K 2025E Beds GROWTH DRIVERS 39#40The Selina of the Future Our foundation will create opportunity: Selina Home away from home for millions of global citizens Paid memberships Global partnerships B2C World Travelers 1. Includes 134 locations that are Open and Secured and remaining beds assumed to have estimated 250 beds per location. 2. Based on Company estimates. Selina Core Business in 2025E 400+ 10mm+ Global Locations¹ Guests² $1.2bn Revenue Remote Workers Virtual Students B2B B2S GROWTH DRIVERS 40#41111 CAYSIA TROOMS SUNRA FINANCIAL HIGHLIGHTS DEEP OUTS Selina Manchester, UK#42Our Locations Reach Attractive Unit Economics at Maturity 2019A By Property Age (Months) Occupancy Selina 45% 2019A Full Portfolio 0-12 $ 4,493 0-12 50% 12-24 Annual Revenue per Available Bed $ 5,564 12-24 Occupancy: 49% 1. Revenue per Occupied Bed per day. 58% 24+ $ 9,002 24+ RevPOB: $31 $ 28 0-12 (3)% 0-12 RevPOB¹ $31 Revenue per bed: $5,489 12-24 Unit-Level EBITDA Margin (%) 16% 12-24 $ 43 24+ 18% 24+ Unit-Level EBITDA Margin: 7% Mature locations are defined as those older than 24 months In 2019, mature Selina beds generated $9k in revenue per bed at an 18% Unit- Level EBITDA margin FINANCIAL HIGHLIGHTS 42#43Our Locations in Developed Markets Outperform Emerging Market Properties Occupancy¹ Emerging Selina +73% Developed RevPOB¹ Emerging +35% Developed 1. Relative performance calculated based on weighted average performance of Selina's properties in Developed and Emerging Markets in 2019. Annual Revenue per Available Bed¹ Emerging +136% Developed In 2019, Developed Markets delivered 136% more revenue than Emerging Markets Properties in Developed Markets are able to generate higher occupancy and more through higher rates revenue and F&B revenues Properties in Developed Markets represented only 5% of portfolio in 2019 and are expected to comprise ~50% of the portfolio by 2025 FINANCIAL HIGHLIGHTS 43#44Our Properties Operating Without Government Mandated COVID-19 Restrictions Are Outperforming This represents 24% of our portfolio in Q2 and Q3 20211... +4,000 33 Average Age (Months)2 ...which are performing better than expected relative to 2022E Unit-Level targets Selina Q2 and Q3 2021 Annualized RevPAB (in 000s) $16.6 $15.4 $14.7 Beds 20 Properties ~56% ///////////// Occupancy $13.6 Last 6 Month³ Unit-Level EBITDA Margin4 $12.0 $12.0 $10.9 8% $10.3 $10.2 $10.0 1 2 3 4 5 6 7 8 9 10 11 $9.2 $9.1 $9.1 $8.5 1. Operational properties indicated by no government-mandated restrictions and fully-operational room capacity and F&B. 2. Calculated as a weighted average of the cohort's age in months. 3. Last 6 Month time period refers to Q2 and Q3 2021. 4. Includes room and F&B direct costs, OTA commission, direct operating payroll, expenses, undistributed expenses (overhead payroll, overhead costs, utilities), insurance, and rent. 12 13 14 for all properties operating without government mandated COVID-19 restrictions $8.2 Q2 and Q3 2021 Actual: $10.6 2022E Target: $7.6 $7.9 $7.8 $7.5 15 40% outperformance relative to 2022E target 16 17 Developed Emerging VS. 18 $5.5 $5.4 19 20 3% 2022E Target FINANCIAL HIGHLIGHTS 44#45Our Top Performing Properties Are Currently Exceeding Long-Term Profitability Targets Despite a Challenged Operating Environment Despite widespread COVID-19 restrictions affecting our portfolio, 26 properties performed at a positive unit-level EBITDA margin for Q2 and Q3 2021. Over the same period amongst our properties operating without government mandated COVID-19 restrictions, 60%+ of properties and 75%+ of properties with F&B services performed at a positive unit-level EBITDA margin Age (months) Last 6 Month EBITDA Margin % 28 Selina 40% 22 40% Ericeira, Geres, Portugal Portugal 1. Weighted average by bedspaces. 4 34% Paros, Greece 14 33% Brighton, United Kingdom Developed 53 33% Medellin, Colombia 44 31% Santa Teresa South, Costa Rica 13 28% 26% 11 Mancora, Peru 32 Nosara, Costa Rica Emerging 33 22% Cusco Huaraz, Peru 28 22% Vila Nova, Portugal 27 Average Age (Months)¹ 50% Occupancy FINANCIAL HIGHLIGHTS 45#46Our Portfolio Will Mature Rapidly and Shift to More Developed Markets Developed vs. Emerging Markets (# of beds) # of Beds¹ Developed Emerging 5% / 95% 2019A 12k Selina 1.4 2019A 14% / 86% 2020A 18k 2.0 m 2020A = m Weighted Average Portfolio Age² (in years) E 22% / 78% 2021E 22k 2.4 2021E 31% / 69% 2022E 35k 2.3 2022E 40% / 60% 1. Open beds at the end of each period. 2. Portfolio age is weighted by number of beds and date of Open. Portfolio weighted average calculated at end of period. 2023E 54k 2.4 2023E 46% / 54% 2024E 76k 2.7 2024E 50% / 50% 2025E 102k 3.0 2025E Mix shift to Developed Markets (31% by 2022) will also help drive higher revenues through increased rates, occupancy and F&B revenue Existing beds are expected to mature rapidly, driving higher revenue per bed and higher margins FINANCIAL HIGHLIGHTS 46#47Our Portfolio Mix Shift and Technology Investment Creates A Highly Visible Path to Increased Revenue per Bed Ramp of fully mature beds (24+ months), 2019A - 2025E ~$15,000 2019A Developed Market Revenue per Bed % Mature² % Developed Projection for Full Portfolio Selina ‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒ N $ 9,000 2019A Revenue per Bed 38% 5% 22% Portfolio moves from 5% of beds located in developed markets to 31% Developed Market % N $ 11,000¹ ~$7,500 2022E Revenue per Bed 62% 31% 9% 2022E $7.5k revenue per bed assumes continued COVID impact on RevPOB and Occupancy to account for market recovery in travel, while the portfolio continues to ramp to maturity Developed Market % 12% 1. Full mature revenue per bed in 2022E and 2025E calculated as taking weighted average revenue per bedspace for fully mature Developed and Emerging beds, based on portfolio bed mix in 2022E and 2025E, respectively. 2025 figure also assumes 12% uplift from operational improvements implanted from 2022E through 2025E due to technology investment. 2. Calculated as weighted average maturity of existing, secured and unsecured portfolio, by number of beds. Maturity refers to weighted average age in months divided by 24 months, which represents full maturity. Operational Initiatives 1 $ 13.300 ~$12,500 2025E Revenue per Bed 77% 50% FINANCIAL HIGHLIGHTS 47#48We Have an Attractive Revenue Growth Profile Annual Revenue ($ in millions) Beds¹ Locations² Selina Open + Secured Unsecured Consolidated Revenue with Remote Year $69 69 2019A 12k 54 $36 36 2020A 18k 81 m 1 H M $93 90 90 2021E 22k ~90 $234 219 3 215 2022E 35k ~140 90% '21E - '25E CAGR 1. Open beds at the end of each period. 2. 2022-2025 location count assumes 250 beds per new location. 3. Revenue from Capital Partner financed beds assumes $12.5k revenue per bed multiplied by the number of Capital Partner financed beds of 40k. $506 467 95 372 2023E 54k ~210 $823 763 333 430 2024E 76k ~310 $1,215 1,115 ‒‒‒‒‒ 662 453 2025E 102k ~410 Revenue from Capital Partner Financed Beds: $500mm³ In 2022E, +95% of revenues are expected to come from existing Open and Secured sites In 2025E, +80% of revenues are expected to come from Open, Secured, and Capital Partner committed sites³ FINANCIAL HIGHLIGHTS 48#49Selina Has a Highly Visible Path to Increased Profitability Selina Unit-Level EBITDA Margin Over Time Mature 18% 7% 2019A M H 1 Selina m 1 m m 1 - B - U ■ M 3% 2022E Margin improvement driven by operational improvements and continued aging of location portfolio 27% 18% 2023E Sizeable investment in CAC to drive strong uptick in occupancy as market continues to recover Note: Chart excludes 2020A and 2021E EBITDA margins given COVID impact. 23% 2024E 2025E COVID-19 Recovery We conservatively assumed continued COVID19 headwinds through end of 2022 Full recovery assumed in 2023E Maturity of Portfolio Mature properties delivered 18% Unit-Level EBITDA Margin in 2019 As the portfolio matures, better unit economics will expand margins Operational Improvements Labor model Implementation of a flexible labor model at units (flex based on occupancy) CAC Improved Revenue Management through Al Integration Increase Direct Selling through bolstered CRM capabilities and improved Web & App Smart Properties loT enabled properties Procedure-less receptions Predictive maintenance and housekeeping Selina Exchange Utilize unsold rooms in exchange for content and programming services FINANCIAL HIGHLIGHTS 49#50Summary Financial Projections ($ in millions) End of Period Beds (000s) Selina Revenue (A) Remote Year Revenue Other Revenue¹ Total Revenue (-) Selina Unit-Level Operating Expenses (B) Selina Unit Level EBITDA (A) - (B) Selina Unit Level EBITDA Margin % (+) Technical Services Fees (-) Pre-opening Costs² (-) FF&E Reserve (-) Remote Year Operating Expenses³ (-) Other Operating Expenses Operating Income (Loss) before Corporate Overhe (-) Corporate Overhead Expenses Adj. EBITDA Adj. EBITDA Margin % Selina 2019A 11.7 $ 56 13 $ 69 $ (52) $4 7% (6) " (20) $ (9) (61) $ (70) NM 2020A 18.2 $36 $36 $ (54) $(18) NM (2) $ (20) (41) $ (61) NM ■ 2021E 22.4 $90 4 $93 $ (101) $ (11) NM 1 (2) (2) (3) $ (13) (29) $ (43) NM 2022E 2023E 2024E 2025E 53.6 76.2 101.6 35.2 $219 15 $ 234 $ (213) $6 3% 8 (6) (5) (12) $4 (42) $ (37) NM $467 39 $ 506 $ (381) $86 18% 19 (12) (14) (29) $90 (52) $ 38 7% $763 60 $823 $ (587) $ 176 23% 24 (15) (23) (41) $ 181 (61) $120 15% $1,115 100 $ 1,215 $ (814) $ 301 27% 27 (17) (33) (68) $ 311 Note: Non-GAAP figures presented. Revenue figures include net booking amount from revenue derived from Travel & Tours. 1. Other Revenue: revenue derived from sites that generated revenue, but were not currently operating as a hotel under the Selina brand,. 2. Include operating costs incurred prior to opening a new location as well as costs associated with physical space within opened locations where that space is not operational. 3. Represents costs of operating the Remote Year business including CAC and delivery costs. 4. Includes Selina corporate overhead, Remote Year corporate overhead, and global IT operating expenses. Excludes any one-off expenses associated with public company preparedness and de-SPAC process. (70) $ 241 20% EBITDA positive at the Unit-Level by 2022, with 3% Unit-Level EBITDA margin Corporate overhead spend right-sized during COVID-19. Jump from 2021 to 2022 due to estimated incremental recurring costs associated with becoming a public company and returning employee related costs to normalized levels post COVID-19 Economies of scale in corporate overhead spend Projections contemplate Adjusted Corporate EBITDA will breakeven in Q1 2023, under the current expected opening timing of new properties FINANCIAL HIGHLIGHTS 50#51MDS Adr TRANSALTION OVERVIEW Selina Casco Viejo, Panama#52Transaction Summary Sources and Uses ($ in mm) Sources SPAC Cash in Trust ¹ Proceeds from PIPE ² Selina Shareholder Equity Rollover ³ Total Sources Uses Cash to Balance Sheet Selina Shareholder Equity Rollover ³ 4 Transaction Fees Total Uses Selina Amount 230 55 851 1,136 Amount 267 851 18 1,136 % 20% 5% 75% 100% % 24% 75% 2% 100% Note: Assumes no redemptions from BOA investors. Excludes impact of 6.6mm sponsor warrants and 7.7mm public warrants. Assumes a nominal share price of $10.00 per share. Totals may not sum due to rounding. 1. Excludes any interest earned on the BOA Cash in Trust. BOA Cash amount subject to change depending on the actual interest earned. 2. Includes $10.0mm funded at announcement with pre-payment share-based fee and $45.0mm funded at closing for $10.00 per share. Excludes $15.0mm minimum equity backstop. Pro Forma Valuation ($ in mm) PF Shares Outstanding 5 Share Price PF Equity Value (-) PF Net Cash 6 PF Enterprise Value PF EV / 2022E Revenue 2022E Revenue PF EV / 2023E Revenue 2023E Revenue Pro Forma Ownership ==== PIPE Investors 5% BOA Public Shareholders 19% BOA Sponsors 5% Existing Shareholders 71% 119.6 $10.00 1,196 (254) 942 4.0x 234 1.9x 506 3. Includes Selina convertible debt. 4. Excludes estimated Selina transaction expenses of $12-13mm. 5. Includes 85.1mm existing shareholder rollover shares, 5.8mm PIPE shares, 5.8mm BOA founder shares and 23.0mm BOA public shareholder shares. TRANSACTION OVERVIEW 6. Pro forma net cash excludes Selina convertible debt; includes $6mm of balance sheet cash and $19mm of corporate debt outstanding, excluding $58mm unit-level debt and $4mm forfeitable government aid debt outstanding as of 09/30/2021. 52#53Operational Benchmarking '17A - '19A Revenue CAGR 147% Selina Selina 29% Selina '20A - '23E Revenue CAGR 142% 47% SHAKE SHACK MCG 27% planet fitness 39% OFIGS 22% (25 31% SHAKE SHACK 20% YETI 30% WARB PARY Median: 22% Mec 10% VAIL RESORTS AVTORICE OF LIPUTINE : 29% 29% planet fitness ΝΑ enquinge 25% e bumble Lifestyle Brands ΝΑ WARBY PARKER 25% S Source: FactSet as of 11/19/2021 and company financial model. Consensus estimates that are not available are excluded as not available ("NA"). 1. Sonder valuation as of 10/28/2021 and projections as of Q3 2021. ΝΑ MCG 20% YETI ΝΑ OFIGS 19% VAIL RESORTS Travel and Hospitality 117% ✔ Sonder, 131% Sonder, 37% 40% 400 airbnb BOOKING BANDER Median: 18% 27% WYNDHAM 39% 9% airbnb KU $5 Fina Median: 34% BOOKING 30% Secdad Hilton NOTES & RESORTS 8% Ⓡ Hilton HOTELS & RESORTS 22% INTERCO HONTINENTAL (3) 7% L'ERCON HOTELS & KES ITS 13% WYND HOTEL GROU TRANSACTION OVERVIEW ● 53#54Valuation Comparables TEV / 2022E Revenue 4.0x Selina 1.9x Selina 11.8x 11.8x 11.5× TEV / 2023E Revenue Selina WARBY PARKER 10.4x planet planet fitness fitness 9.5x WARBY PARKER OFIGS 8.7x OFIGS Source: FactSet as of 11/19/2021 and company financial model. 1. Sonder valuation as of 10/28/2021 and projections as of Q3 2021. 8.9x n 7.7x 25 Median: 8.2x 8.2x bumble Median: 6.7x 6.7x bumble 6.1x VAIL RESORTS EXPERIENCE OF LIFETIME 5.7x VAIL RESORTS EXPERTNES O ALIPEME Lifestyle Brands 5.5x YETI 4.8x YETI 3.5x 2.9x SHAKE SHACK SHAKE SHACK 3.2x MCG ROS bership 2.5x CANON MCG bersi 2002 Travel and Hospitality 18.0x 14.6x airbnb airbnb 6.1x BOOKING de 5.5x WYNDHAM HOTEL GROUP Median: 5.8x 5.8x H Hilton HOTELS & RESORT 5.2x Median: 5.1x BOOKING SONIGTOH 5.8x BERTRE WYNDHAM HOTEL GROUP 5.1x P Hilton HOTELS & RESORTS no 3.8x RCONFORT HOTELS & RESORT 3.4x JONTINENTA TELS & RESORTS 3.2x Sonder > 1.3x Sonder> TRANSACTION OVERVIEW 54#55Valuation Comparables (Cont.) TEV / 2022E Revenue Median Multiples¹ 4.0x Selina Selina TEV / 2023E Revenue Median Multiples¹ 1.9x Selina 8.2x Lifestyle Brands Source: FactSet as of 11/19/2021 and company financial model. 1.Lifestyle includes BMBL, FIGS, LULU, MCG, MTN, PLNT, SHAK, WRBY, YETI; Travel and Hospitality includes ABNB, BKNG, HLT, IHG, Sonder, WH. 6.7x Lifestyle Brands 5.8x Peer Median: 6.1x Travel and Hospitality 5.1x Peer Median: 5.5 x Travel and Hospitality TRANSACTION OVERVIEW 55#56Valuation Comparables (Cont.) Implied (Disc.) / Prem. '22E Revenue Multiple '20A- '23E Revenue CAGR Growth-Adj. Revenue Multiple¹ Implied (Disc.) / Prem. On Growth-Adj. Basis Implied (Disc.) / Prem. '22E Revenue Multiple '20A - ¹23E Revenue CAGR Growth-Adj. Revenue Multiple¹ Implied (Disc.) / Prem. On Growth-Adj. Basis Selina Selina 142% .03x Selina 142% .03x WARBY PARKER (66%) 30% .39x (93%) Source: FactSet as of 11/19/2021 and company financial model. 1. Calculated as TEV/FY22E revenue multiple divided by '20A-'23E revenue CAGR. 2. Sonder valuation as of 10/28/2021 and projections as of Q3 2021. @ airbnb (78%) 39% .46x (94%) planet fitness (66%) 29% .41x (93%) Lifestyle Brands OFIGS (65%) 39% .29x (90%) BOOKING HOLDINGS BED (34%) 40% .15x n (55%) (81%) 25% Travel and Hospitality .36x (92%) H Hilton HOTELS & RESORTS (31%) 30% > bumble .20x (51%) 25% .32x VAIL RESORTS EXPERIENCE OF ALAPRTIMES (34%) 19% (91%) Avg. Implied (Disc.) / Prem on Growth-Adj. Basis: (90%) 32x (91%) WYNDHAM HOTEL GROUP (30%) 13% .45x YETI (27%) (94%) 20% .28x (90%) (85%) Avg. Implied (Disc.) / Prem on Growth-Adj. Basis: (88%) INTERCONTINENTAL HOTELS & RESORTS 5% 22% .17x SHAKE SHACK (83%) 14% 31% .11x (75%) MCG Marlbership Colectiva Grap 27% 47% .07x (58%) Sonder² 28% 131% .02x 19% TRANSACTION OVERVIEW 56#57Valuation Comparables (Cont.) TEV / 2024E EBITDA 2024E 2025E 7.8x 3.9x Selina Selina 28.5× 27.8x SHAKE SHACK OFIGS 24.9x S Median: 23.5x 22.1x planet fitness 18.4x bumble 17.2x YETI NM ΝΑ WARBY PARKER VAIL RESORTS ERSTEGELS ΝΑ MCG Lifestyle Brands Travel and Hospitality Source: FactSet as of 11/19/2021 and company financial model. Multiples greater than 60x are excluded as not meaningful ("NM"). Consensus estimates that are not available are excluded as not available ("NA"). 1. Sonder valuation as of 10/28/2021 and projections as of Q3 2021. 38.3x 15.6x @ airbnb P Hilton HOTELS & RESORT Median: 13.5x 13.5x INTERCONTINENTAL HOTELS & RESORTS 13.1x BOOKING HOLDINGS BROC 8.9x Sonder, ΝΑ WYNDHAM HOTEL GROUP TRANSACTION OVERVIEW 57#58APPENDIX KNU werde ic Selina Antigua, Guatemala#59Audited GAAP Consolidated Financials $ in mm GAAP P&L Total Revenue (-) Cost of Sales (-) Total Operating Expenses Operating Income / (Loss) (-) Other Income and Expenses Income (Loss) before Income Taxes (-) Income Tax Net Loss Selina Note: These financial statements have been prepared in compliance with International Financial Reporting Standards (IFRSs) as issued by the International Accounting Standards Board (IASB) in accordance with the provisions of the Companies Act 2006. Audited 2019 $66.0 (6.9) (133.6) $ (74.4) (27.9) $ (102.4) (2.8) $ (105.1) 2020 $35.2 (3.8) (100.6) $ (69.2) (67.9) $ (137.0) (2.3) $ (139.3) APPENDIX 59#60GAAP to Non-GAAP Reconciliation $ in mm Non-GAAP Bridge Net Loss (+) Income taxes (+) Interest Expense, Net (+) D&A (-) Non-operating Income, Net¹ (+) Impairments EBITDA (-) Rent² (+) Stock Based Compensation Expenses (+/-) Other Income / (Expenses) Adjusted Corporate EBITDA (+) Corporate Overhead (+) Pre-Opening and Cost of Non-Operated Spaces³ (+) Loss from Non-Selina Branded Operations Unit Level EBITDA Non-GAAP Revenue Bridge GAAP Revenue (+) Experience Revenue Gross Up (Partner Revenue)5 Non-GAAP Revenue 1. Add back of (i) Reversal of bad debt write-offs (ii) Gain on net monetary position and (iii) Share of loss in associates. Selina rent concessions and (v) Government grants. 2. IFRS-16 lease accounting applied in GAAP figures. Rent expense is subtracted for Non-GAAP purposes. 2019 $ (105.1) 2.8 29.1 19.4 (3.6) 2.5 $ (55.0) (19.6) 2.0 2.1 $(70.4) 60.9 5.6 7.6 $ 3.7 $66.0 2.6 $ 68.6 3. Add back of operating costs incurred prior to opening a new location as well as costs associated with physical space within opened locations where that space is not operational. 4. Add back of net operating loss of non-branded Selina assets. 5. Add back of revenue generated from Experience partners, whereby Selina is paid a commission and is not entitled to the gross revenue. 2020 $ (139.3) 2.3 54.7 21.6 (6.5) 19.7 $ (47.5) (15.9) 2.4 $ (61.1) 41.0 2.0 $ (18.0) $ 35.2 0.8 $35.9 FINANCIAL HIGHLIGHTS 60#61Definitions Bed: Refers to bedspace, a measure used by Selina to measure the sleeping capacity of a property. Every 5.5 m2 of accommodation (sleeping room) area in a property, equals one bedspace. This measure is used, instead of physical beds, to give a static measure of property capacity, by avoiding misleading fluctuations that would arise from changing room mixes in any given property Open [Beds/Locations]: Beds/Locations, that have been open and available to be rented in the past ● Secured [Beds/Locations]: Beds/Locations that are not yet opened, but are under contract and fully committed to Selina by a Landlord (occasionally contingent on completion of due diligence at Selina's discretion, and sourcing of funding by Selina) Tokens: Loyalty points that can be exchanged by customers or employees for bed rental Emerging Markets: Of the markets in which Selina currently has secured beds, all South American countries, all central American countries, Mexico, and Morocco, are considered Emerging Markets Developed Markets: Of the markets in which Selina currently has secured beds, all EU countries, the UK, the USA, and Israel, are considered Developed Markets Conversion Costs: The cost over converting an old hotel to Selina specs including the cost of FF&E, Creative, OS&E, pre-opening, IT, soft and hard costs, but not including any structural hard capex required (which is generally paid for by the landlord) NPS: Score tracked through a post stay survey sent by email to every guest within 24 hours of check out. It is the result of a single question asking the guest how likely they are to recommend us on a scale from 1-10. The NPS is calculated using the official NPS methodology RevPOB: Stands for Revenue per occupied bed. The is calculated as total Selina revenue for any given property, for any given period, divided by the number of beds that were rented (counted nightly) in that same period Direct Booking: Bookings for bed rentals made through direct Selina channels: website, app, walk-ins, and extensions Concept Ambassadors: Board of local taste-makers (for example, influencers, artists, entrepreneurs) that provide input on concept and programming for each location Content Providers: 3rd parties that deliver content at Selina locations (for example, DJs or yoga instructors) Net Advanced Bookings: The dollar value of booking made on any given day, retrospectively reduced by any cancellations made subsequent to booking Advanced Negotiations Beds: Beds in pipeline, for which a Letter Of Intent has been sent to the real estate owner Unit-Level EBITDA: Revenue received at property (room revenue, F&B revenue and other revenue), minus departmental and undistributed costs, minus rent and other property costs. For the avoidance of doubt, unit-level EBITDA does not include overhead expenses, pre-opening / pre- delivery costs, FFE reserves, and Capital Partner Profit Share, or interest expense Capital Partners: Financial and strategic partners in each market that provide contractual commitments to fund conversion costs, security deposits, and advance rent payments required to open properties, provided certain drawdown conditions are met. The size of the contractual commitment is defined either by a dollar / local currency amount, or a number of beds funded. In exchange for funding, Capital Partners received a fixed yield on any capital invested (for the duration of the lease in question), and a percentage of profits Non-Room Revenue: Refers to income that is not generated from rental of beds (e.g., F&B, co-work, experiences, etc.) APPENDIX 61#62Summary Risk Factors The below list of risk factors has been prepared solely for purposes of the proposed private placement financing (the "Private Placement") as part of the proposed business combination (the "Proposed Business Combination") of BOA Acquisition Corp. ("BOA") and Selina Holding Company, UK Societas ("Selina"), and solely for potential investors in the Private Placement and not for any other purpose. The risks presented below are certain of the general risks related to the business of Selina, and such list is not exhaustive. The list below is qualified in its entirety by future disclosures contained in future documents filed or furnished by Selina or BOA with the U.S. Securities and Exchange Commission (the "SEC"), including in documents filed or furnished in connection with the Private Placement and the Proposed Business Combination. The risks presented in such filings will be consistent with those that would be required for a public company in its SEC filings, including with respect to the business and securities of Selina and BOA and the Proposed Business Combination and Private Placement, and may differ significantly from and be more extensive than those presented below. Investing in securities (the "Securities") to be issued in connection with the Private Placement or the Proposed Business Combination involves a high degree of risk. Potential investors should carefully consider the risks and uncertainties inherent in Selina and the Securities, including those described below and in any future filing filed or furnished by Selina or BOA with the SEC, before subscribing for the Securities. If Selina cannot address any of such risks and uncertainties effectively, or any other risks and difficulties that may arise in the future, Selina's business, financial condition or results of operations could be materially and adversely affected. The risks described below are not the only ones Selina faces. Additional risks that Selina currently does not know about or that the Selina currently believes to be immaterial may also impair Selina's business, financial condition or results of operations. You should review this investors presentation and preform your own due diligence prior to making an investment in Selina and BOA. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. The current COVID-19 pandemic has materially and adversely impacted Selina's business, financial condition, results of operations, liquidity and cash flows and may continue to impact in the future subject to the evolution of the pandemic in the different markets where Selina operates. Selina's growth depends, in part, on its ability to increase revenues generated by its existing hotels and the services provided thereat. Selina's growth depends, in part, on its ability to grow the number of hotels in operation. Selina may not be able to manage its expected growth, which could adversely affect its results of operations. Selina's sales and marketing strategies may not result in expected customer acquisition and revenue growth or may be difficult to scale. Some of Selina's existing development pipeline may not be developed into new hotels or may not open on the anticipated timeline, which could materially adversely affect Selina's growth prospects. Selina may seek to expand its business through acquisitions of and investments in other businesses and properties, or through alliances, and these activities and their integration to Selina's operating model may be unsuccessful or divert management's attention. Timing, budgeting, and other risks could result in delays or cancellations of Selina's efforts to develop, redevelop, convert, or renovate the properties that Selina owns or leases, or make these activities more expensive, which could reduce Selina's profits or impair its ability to compete effectively. Selina is exposed to the risks resulting from significant investments in owned and leased real estate, which could increase its costs, reduce its profits, limit its ability to respond to market conditions, or restrict its growth strategy. Selina may be unable to onboard new properties in a timely and cost-effective manner, negotiate satisfactory leases or other arrangements to operate new properties or renew or replace existing properties on satisfactory terms or at all, which could adversely affect its results of operations. The fixed cost nature of Selina's leases may limit its operating flexibility and could adversely affect its liquidity. The legal rights of Selina to use certain leased hotels could be challenged by property owners or other third parties, which could prevent Selina from operating the affected hotels or increase the costs associated with operating such hotels. Selina's hotels are subject to a number of operational risks and internal controls may not be in place to mitigate such risks in a timely manner or at all. Because Selina derives a significant portion of its revenues from operations throughout the world, the risks of doing business internationally, or in a particular country or region, could lower its revenues, increase its costs, reduce its profits, disrupt its business or expose it to increasingly complex, onerous or uncertain tax obligations. Selina has significant exposure to the economic and political situations in emerging market countries, in particular, in Latin America, and developments in these countries could materially impact Selina's financial results, or its business more generally. If Selina is not able to maintain its current brand standards or is not able to develop new initiatives, including new brands, successfully, its business and profitability could be harmed. Adverse incidents at, or adverse publicity concerning, Selina or its properties or brands could harm its reputation and the reputation of its brands, as well as adversely affect Selina's market share, business, financial condition, or results of operations. Selina has a history of losses and may be unable to achieve profitability for the foreseeable future. Economic and other conditions may adversely impact the valuation of Selina's assets resulting in impairment charges that could have a material adverse impact on its results from operations. Changes in, or interpretations of, accounting rules and regulations could result in unfavorable accounting charges or otherwise significantly impact our reported financial information and operational processes. Selina relies on partners and third-party service providers and if such third parties do not perform adequately or terminate their relationships, Selina's costs may increase and its business, financial condition and results of operations could be adversely affected. If Selina or its third-party funders or partners are unable to access the capital necessary to fund current operations or implement Selina's plans for growth, Selina's ability to compete effectively could be diminished and its expected profits could be reduced. Cyber risk and the failure to maintain the integrity of customer, colleague, or company data could adversely affect Selina's business, harm Selina's reputation, and/or subject Selina to costs, fines, penalties, investigations, enforcement actions, or lawsuits. Information technology system failures, delays in the operation of Selina's information technology systems, or system enhancement failures could reduce Selina's revenues and profits and harm the reputation of its brands and business. If Selina fails to stay current with developments in technology necessary for its business, its operations could be harmed and its ability to compete effectively could be diminished. Selina depends on its key personnel and other highly skilled personnel, and if it fails to attract, retain, motivate or integrate its personnel, its business, financial condition and results of operations could be adversely affected Selina's global operations subject it to significant labor and employment risks, including with respect to unionized labor. Selina has operations in countries known to experience high levels of corruption and any violation of anti-corruption laws could subject Selina to penalties and other adverse consequences. Any failure by Selina to protect its trademarks and other intellectual property rights could negatively impact its business. Selina's failure to comply with applicable laws and regulations may increase its costs, reduce its profits, or limit its growth. Adverse judgments or settlements resulting from legal proceedings in which Selina may be involved in the normal course of its business could reduce its profits or limit its ability to operate its business. Any further and continued decline or disruption in the travel and hospitality industries or economic downturn would materially adversely affect Selina's business, results of operations, and financial condition. Selina's revenues and the value of Selina's hotels are subject to conditions affecting the lodging industry. Risks relating to natural or man-made disasters, contagious diseases, such as the COVID-19 pandemic, terrorist activity, and war could reduce the demand for lodging, which may adversely affect Selina's financial condition and results of operations. Selina operates in a highly competitive industry. Price increases for commercial airline service for Selina's target customers or major changes or reduction in commercial airline service and/or availability could adversely impact the demand for travel and undermine Selina's ability to provide reasonably lodging and other services to its target customers. Selina will be required to comply with certain provisions of Section 404 of the Sarbanes-Oxley Act of 2002, and if it fails to comply, its business could be harmed and its share price could decline. Selina APPENDIX 62#63LOLE Selina