#1Vividseats Investor Presentation November 2023 (Nasdaq: SEAT)#2Important Disclaimers Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. The forward-looking statements in this presentation relate to, without limitation: our future results of operations and financial position, including our expectations regarding Marketplace GOV, Revenues, Adjusted EBITDA, Adjusted EBITDA margin, cash conversion and the impact of our investments; our expectations with respect to live event industry growth; our competitive positioning; our business strategy; and the plans and objectives of management for future operations. Words such as "estimate," "project," "expect," "anticipate," "forecast," "plan," "intend," "believe," "seek," "may," "will," "should," "future" and "propose," as well as similar expressions which predict or indicate future events or which do not relate to historical matters, are intended to identify such forward-looking statements. Forward-looking statements are not guarantees of future performance, conditions or results, and are subject to risks, uncertainties and assumptions, many of which are outside of our control. Important factors that could cause actual results or outcomes to differ materially from those anticipated in the forward-looking statements include, but are not limited to: the supply and demand of large-scale sporting events, concerts and theater shows; our relationships with buyers, sellers and distribution partners; changes in internet search engine algorithms or in marketplace rules; competition in the ticketing industry; the willingness of artists, teams and promoters to continue to support the secondary ticket market; our ability to maintain and improve our platform and brand or to develop successful new solutions and enhancements or improve existing ones; the impact of potential unfavorable legislative developments; the impact of our acquisitions and strategic investments; our successful integration of Wavedash and Vegas.com; the effects of any recession and inflation; ongoing and future effects of pandemics; our ability to generate sufficient cash flows or raise additional capital necessary to fund our operations; the impact of system interruption and the lack of integration and redundancy in our systems and infrastructure; the impact of cyber security risks, data loss or other breaches of our network security; our being a controlled company; and other factors detailed in the "Risk Factors" sections of our most recent Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of this presentation. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. This presentation also contains projections, forecasts, assumptions and estimates regarding our company and the industry in which we operate that relate to or are based on third-party sources. This information involves a number of assumptions and limitations and is subject to a high degree of uncertainty and risk. No representation or warranty, express or implied, is given by us or any other person as to the accuracy, completeness, reasonableness or fairness of such information, and no responsibility or liability is accepted for the accuracy or sufficiency thereof or for any errors, omissions or misstatements, negligent or otherwise, relating thereto. Interested parties should conduct their own investigation and analysis of, and are solely responsible for forming their own view of, our company, the industry in which we operate and the other information contained in this presentation. Use of Non-GAAP Financial Measures We present Adjusted EBITDA and Adjusted EBITDA margin, which are non-GAAP financial measures, because they are measures frequently used by analysts, investors, and other interested parties to evaluate companies in our industry. Further, we believe these measures are helpful in highlighting trends in our operating results because they exclude the impact of items that are outside the control of management or not reflective of ongoing performance related directly to the operation of our business. These non-GAAP financial measures are key measures used by our management internally to make operating decisions, including those related to analyzing operating expenses, evaluating performance, and performing strategic planning and annual budgeting. Moreover, we believe these non-GAAP financial measures provide useful information to investors and others in understanding and evaluating our results of operations, as well as provide a useful measure for making period-to-period comparisons of our business performance and highlighting trends in our operating results. These non-GAAP financial measures are not based on any comprehensive set of accounting rules or principles and should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP. These non-GAAP financial measures do not reflect all amounts associated with our operating results as determined in accordance with GAAP and may exclude recurring costs, such as interest expense, equity-based compensation, litigation, settlements and related costs, change in fair value of warrants, change in fair value of derivative assets and foreign currency revaluation (gains)/losses. In addition, other companies may calculate similarly titled non-GAAP financial measures differently than us, thereby limiting their usefulness as a comparative tool. We compensate for these limitations by providing specific information regarding the GAAP amounts excluded from these non-GAAP financial measures. See the "Non-GAAP Reconciliations" section in the appendix to this presentation for a reconciliation of these non-GAAP financial measures to their most directly comparable GAAP measures. Vividseats Vivid Seats . 2#3Vivid Seats is a data-driven online ticket marketplace for live events including sports, concerts and theater Vividseats Experience It Live 10:59 GGREGRESCE 355 354 QuerestRECE Jad 353 352 351 Atlanta Falcons at Chicago Bears Sun Dec 31 12:00 PM 350 LED STANDING ROC HOSPITALITY 2557 254 M 443 442 441 ↓↑west Price BEARS SIDELINE 17340 FRATTEN 233 233 430 438 437 Gandstand 443. Row 31 Mobile Transfer • 2 tickets Grandstand 445. Row 10 Mobile Transfer • 2 tickets andstand 444. Row 31 Mobile Transfer • 1-4 tickets Grandstand 432. Row 23 Mobile Transfer 2 tickets Grandstand 433. Row 36 Mobile Transfer • 2 tickets 434 433 422 42 104080 5G+ (i) Filter $41 ea $42 ea $43 ea $43 ea $44 ea Vivid Seats . 3#4Scaled, Growing and Highly Profitable 1234 1. 2. 140M+ 4. Cumulative Tickets Sold¹ $3.8B FY 2023 Guidance² Marketplace GOV³ $4.4B FY 2024 Guidance² Marketplace GOV³ 19M+ Cumulative Customers¹ $695M FY 2023 Guidance² Revenue $825M FY 2024 Guidance² Revenue Through Q3 2023. Represents midpoint of guidance range. 3. Marketplace GOV represents the total transactional amount of Marketplace segment orders placed on our platform in a period, inclusive of fees, exclusive of taxes, and net of event cancellations that occurred during that period. Adjusted EBITDA is a non-GAAP financial measure. See "Important Disclaimers." We calculate forward-looking Adjusted EBITDA based on internal forecasts that omit certain information that would be included in forward-looking net income, the most directly comparable GAAP measure. We do not provide a reconciliation of forward-looking Adjusted EBITDA to forward-looking net income because forecasting the timing or amount of items that have not yet occurred and are out of our control is inherently uncertain and unavailable without unreasonable efforts. Vivid Seats. 250K+ Unique Events Sold (2022) $139M FY 2023 Guidance² Adjusted EBITDA4 $175M FY 2024 Guidance² Adjusted EBITDA4 4#5Investment Highlights Our Mission: To empower and enable fans to Experience It Live Two-Sided Marketplace Two-Sided Marketplace with Unique Technology Platform and Data Large and Expanding TAM Large and Expanding TAM with Sustained Secular Growth Profitable Growth Fueled by Proprietary Customer Acquisition and Engagement Capabilities Vivid Seats . 5#6>Large and Expanding TAM Marketplace Tech Platform Serving Holistic Ecosystem Sellers 111$ Skybox SkyBox Free-to-use ERP system with direct integrations across all major marketplaces Engagement Engine Vividseats rewards GAME CENTER Search Marketing Technology Distribution Infrastructure 自 Two-Sided Marketplace O!! Vivid Seats Marketplaces 0 MLB tickets are now on-deck! By Team Reworde Our top picks this week neer you V VEGAS.COM Available via app, desktop and web Partners Capital One NEW YORK POST Dodgers <AESARS DRAFTKINGS LOS ANGELES CHARGERS GROUPON Profitable Growth Fans Vivid Seats . 6#7Leading Seller Technology Through Skybox SkyBox Search - (Drtemure OtyCa 2018 tampa ty vy PHOIBLE 08 SAIL.MM WEGET Inventory Porchate 117 Susho inger 197 Seks 100 300 i . . * . Reput SULM I TUN STA O STAM 12:12:21 17:45AM 14 12:21/200440 12/230 120 123020 11 u 6 13 4 4 33 4 D DHO D D D D D D D DA Note: SkyBox is currently provided to sellers as a free-to-use solution. 1. Represents 2022 metrics. NOW 040421 240421 041 040521 040421 00:0:00:0:00:0:0:0 INVENTORY .....120 ALO. AIS D Desktop plus app experience 4UDIO ● CHENJ M 80 7:42 Swarch Add x Search -x PRICING 2021 Super Bowl - Tampa Bay Buccaneers vs. Kansas City Chiefs (Reduced Capacity, Social Distancing) Raymond James Stadium | Tampa, FL Sunday, February 07, 2021, 6:30 PM PRICING Inventory IEX 39 Kansas City Royals at Chicago White Sox (Opening Day) Quaranteed Rate Field | Chicago, IL Thursday, April 08, 2021, 11:59 PM inventory Actions SONT PATER 8 invoices Boston Red Sox at Baltimore Orioles Ⓒ Camden Yards Baltimore, MD Saturday, April 10, 2021, 11:59 PM @PRICING LISTINGS > Kansas City Royals at Chicago White Sox Guaranteed Rate Field | Chicago, IL Saturday, April 10, 2021, 11:59 PM PRICING DKK Purchases HUISTINGS > 1 LISTINGS > TUSTINGS > Đ parte *** Two-Sided Marketplace >Large and Expanding TAM More The Go-To Solution for Professional Sellers 1 Profitable Growth 50%+ Cloud-based ERP solution adopted by large share of seller base Rich feature set across key seller activities ✔Native integrations & listing toolsets provided to all sellers ✔Third-party automation tools built around Skybox enhance platform value ✔Seller revenue optimization with SkyBox Drive Vivid Seats. 7#8Differentiated Buyer Experience Personalized Discovery Easily find events, venues, and teams near you. 9:41 Concerts v For You Genres Explore Trending Near You $6 Bad Bunny Today 7:00pm United Center Top 10 Concerts in Toronto Karol G 1 Fri, Jul 8-7pm Scotiabank Arena-880- John Mayer 2 Sat, Jul 9-7pm Shop Rogers Centre. $80+ Events You've Been Waiting For Tickets Rewards ... - - ♡ Q Chicago 3 56+ Post Mc Today 7 United C 8 Me Lad Fri, Ji Unite Red Fri, Ji Roger All Basketb ✓AAF College ✓ Foot Lacrosse Motorsport NCAA Fo NHL Soccer Wrestlin Alternative Dand Music Festi ✓NFL Tickets for every fan. Sports. Concerts. Comedy. Theater. 9:41 ← Diverse Choices SEP 2 Sat o'z o 70% 70% ZN Any Date 15 Amateur Wrestling Shop Sports v e Tigers at White Sox (Los White Sox Soccer Jersey Giveaway) 6:10 AM-Guaranteed Rate Field, Chicago.... White Sox Parking 6:11 AM Guaranteed Rate Field, Chicago, IL Chicago, IL Categories V Liberty at Sky 2:00 PM Wintrust Field, Schaumburg, IL Miners rs at Wildcats Football 2:30 AM-Ryon Field, Evanston, IL Panthers at Ramblers Womens Volleyball 1:00 AM - Stodium 2 ot Indian Wells Tennis.... Royals at White Sox (Summer T-Shirt Giveaway) 6:40 AM Guaranteed Rate Field, Chicago... Reagge ✓ Rock Monster Jam 7:00 PM - Allstate Arena, Rosemont, IL → Tickets Rewards World Music Arena Football a → → → 8 Me College F1 Racing Horse Racing CAA Basketb MLB asketball Sports cal Skat ✓WN Ac → Po Latin Rap & H Comedy Other Concerts Compelling Value The ONLY ticket company with a rewards program. 9:41 Progress Stamps & Credits a CURRENT LEVEL Super Fan Rising Star Shop Super Fan Show Benefits ✓ Icon Unlock Icon YOU'VE SPENT $126 OUT OF $1,600 About Rewards Tickets History Rewards Terms & Conditions → Rewards Surprise Tier 8 Me Two-Sided Marketplace Reliable Offerings Checkout with full peace of mind with our 100% Buyer Guarantee. 9:41 $90 191 Your Favorites The Weeknd Alex Smith [email protected] Ⓒ Chicago, IL Moggle Rogers Edit Profile App Settings Shop AS 100% Buyer Guarantee Tickets Bad Bunny >Large and Expanding TAM Chicago Bulls Y Rewards - - ا... Add More → 8 Me Easy Purchase Conveniently check the status of your order for safety and security. 9:41 Profitable Growth Order Confirmation Placed Thank you! Enjoy your event. Order # 27489733 ✓ Confirmed Ready Your tickets will be transferred to you from the seller and also emailed to [email protected] SEC GRANSTAND 333 Get directions 3 Tickets Processing OCT Las Vegas Raiders at Chicago Bears 22 12:00 PM Soldier Field Chicago, IL. Mobile Tickets X ROW 8 SEAT TBD Need help? Contact us. Vivid Seats . 4 8#9Flywheel Creates Network Effects sellers it's SkyBox partners More Demand Vividseats Marketplace Two-Sided Marketplace >Large and Expanding TAM More Supply & Data Enhanced Marketing Vividseats rewards Technology Buyers Engagement Engine Vividpicks Profitable Growth Vivid Seats . 9#10Unique Engagement Engine Loyalty Program Vividseats rewards 1 Collect 'stamps' on every purchase Get rewarded after receiving 10 stamps Redeem reward credit 2 After earning reward credit, use it on the Vivid Seats app Repeat purchases to earn more rewards 3 And get increased perks with more spending 9:41 WELCOME TO Vividseats rewards Get ready for the VIP life: Discounts, ticket upgrades, and perks with every purchase. Shop and Start Earning LEVEL Super Fan 6 stamps to go Reward Credit is yours at 10 stamps Vividseats rewards Your Super Fan Benefits G R 10 CREDIT $135.12 Collect 1 Stamp Per Ticket Each ticket you buy earns a stamp. No excluded events. 10 Stamps Reward Credit Your Reward Credit is the average value of your 10 purchased tickets. Extended Expiration Collected stamps and Reward Credit remain valid for 3 years. Surprise Upgrades Your tickets are eligible for impromptu upgrades. We can't wait to delight you! 9:41 Follow & play with friends to power up your payouts + Ticketing Vividpicks +Daily Fantasy Sports ✓ Integrated Experience + Gamification Over/Under Buccaneers-Chiefs ⒸL-10pm Tom Brady Over aft Pick Over or Under for at least one player from each team 300.5 Two-Sided Marketplace >Large and Expanding TAM Matchups Game Boosted! +2 0 Just Now Gamified Engagement 5 friends are playing this game Payout boosted 0.5x Dominate challenges & climb leaderboards 9:41 This Week Ends Sunday 10pm. 3 days left! This week Last week 6. Everyone People's Champ Komodough HammerPeafowl LightUrchin Victory92 FactTulip Docenator All-time Friends 3,483 XP 3,421 2,399 2,003 1,840 Qan Op 1,374 x Simple & Fun Social & Gamified Score tickets to the game & see your picks pan out live 9:41 Wed 12:55 Sep 8 5.200 Sun All Events 2022 Los Angeles Rams Season Tickets chudes Tickets to Al 30 Soft-Soum-Inglewood, CA Atlanta Falcons at Sep 18 Los Angeles Rams 1000 Shangwood, CA Buffalo Bills at Los Angeles Rams Thursday Night Footbal Sofi Staduni-Inglewood, CA Dallas Cowboys at Oct 9 Los Angeles Rams 120 Soft Stadur-Inglewood, CA San Francisco 49ers at Anni R Any Dates Shop Tests Shop Tickets Profitable Growth Vividpicks Simple sports picks. For CASH. Available within Vivid Seats app 9:41 Vividseats.. You earned +20 entries by playing today's game! You got 1/3 questions correct. What is Taylor Swift's full name? Taylor Elizabeth Swift Correct Answers Taylor Allson Swift Which album features the song "Love Story Fearless Most sold Taylor Swift (38%) How many Grammy Awards hos Taylor Swift won? BB Correct Answer: 11 Drawing Entries Earned Bonus Entries For Correct Answers Total Entries Earned Back to Game Center +0 Vivid Seats. 10 +10 +10 +20 O All Patrick M. Over Tix & Picks GAME CENTER#11Attracting and Retaining Buyers Attract sports and entertainment enthusiasts across targeted touchpoints Events Social videats-F Viviests If you could see any musician in concert, past or present, who would it be? OUT COO 42 k vividats View 4t neturės 8:12 Vividseats Sports Concerts Theater & Comedy wwvidseats rewards Congrats Adam! You've just leveled up to and unlocked new benefits! to Super Fan status Rising Star Tickets for every fan. Shop & Keep Earning Web V What's next in the UK Entertainment Life Retain fans with industry-leading loyalty program rewarding passion Real Rewards for Real Fans. GET TICKETS Vividseats TORSUNSCHERS A Vegas reporter was dedicated to the underdog. It may have Motten hin killed TO Start the Congrats Adam! You've reached 10 tickets. You know what that means? Your 11th is on us.* CREDIT EARNED: $46.00 Exp 12/4/22 Head to the app because we've just added $46.00 in reward credit to your account. ATTRACT RETAIN Two-Sided Marketplace >Large and Expanding TAM ENGAGE CONNECT Engage users across our ecosystem Vividpicks GAME CENTER 8:12 Nets at Crizzles - 2nd Hall ⒸHIALIVE Over/Under Pick Over or Under for at least one player from each team C. Thomas.S0 MEN BKN Over 18.5 all 24 Pointe 1 Morant PG RKN MEN Over Matchups 17.5 2H Points 20 Under Under (2nd Half Entries 2nd Half ores must be submited prior to the start of the 3rd Quarter Spotify Connected Alex's Wish List Alicia Keys Jan 15 United Center Machine Gun Kelly Jan 26 United Center Bad Bunny Jan 30 United Center Kendrick Lamar Jan 30 United Center Billie Ellish Jan 31 United Conter Near You GT TODAY'S GAME Bad Bunny Connect and personalize their journey to the next event ← Back to Game Center Profitable Growth Vividseats. WIN FREE T-Swift Trivia Play dolly trivin to earn tokens. Tokens count towards a weekly drowing to win 2 FREE Tickets and toward ticket discounts in the Game Center. Your Selections @ih Cer Machine K (Partner) (Sports) ( POD horre T-Swift Trivia. April 22 Ang Play Now See More Vivid Seats. 11#12$57 Billion Global TAM 1. Company estimate 2. Comprised of $11B 2024 North America Secondary Ticketing TAM (from Infiniti Research (Technavio) Secondary Tickets Market in North America 2023-2027 report dated March 2023, excluding sales related to movies) and $6B Las Vegas TAM of shows, tours and attractions $40B International Ticketing TAM¹ I I 1 I I I I I $17B North American TAM² I 1 1 Vivid Seats 12#13Broad and Evergreen Portfolio of Events Sports (38% of 2022 Marketplace Revenues) C Concerts (49% of 2022 Marketplace Revenues) COACHELLA 1. 2. LUKE BRYAN THE WEEKND BRUNO MARS KENNY CHESNEY LUKE GOMBS GRUPO FIRME PITBULL METALLICA Llapaliza BILLY JOEL ng Drake Represents 2022 metrics. Through Q3 2023. BLACKPINK ELTON JOHN SZA FLORIDA VEDRICIA THE Rolling Loud SUGA Agust D CLEVELAND CAVALIERS NEW YORK D Wela BRUINS 250,000+ Unique Events Sold¹ COWBOYS GIANTS RAW *S* T NGE BIG ASU Dodgers GOLDEN STATE HWARRIORS LOS ANGELES Concacaf GOLD CUP Two-Sided Marketplace UFC IONSTER JAM SUPER BOWL Patriots ROSE& BOWL T G Su GAME Large and Expanding TAM HAMILTON Theater (12% of 2022 Marketplace Revenues) WICKED LION KING THE BOOK OF MORMON JOKOY The Nutcracker DUNLLAM SHULT CIRQUE DU SOLEIL Cortco Profitable Growth NATE BARGATZE PATROL LIVE! I KINGA Disney ON ICE SEBASTIAN MANISCALCO DAVE CHAPPELLE JP DUDE PERFECT JERSEY BOYS A WX ADD COR CHRISTMAS SPECTACULA ENCERETTY CHASSO dancing stárs Les Misérables 140 million+ Cumulative Tickets Sold² Vivid Seats 13#14Strategic asset in coveted market Two-sided marketplace with local market authority Strategic partnerships provide comprehensive inventory Consistent Las Vegas tourism growth with supply tailwinds from new venues, new teams, artist residencies and headline events (F1 Grand Prix, 2024 Super Bowl) Vegas.com - Leading Provider in Entertainment Capital of U.S. $240M Transaction Value Funded with 63% cash and 37% equity¹ Attractive $6B+ TAM Large and growing TAM across local shows, tours & attractions (Cirque du Soleil, magic, comedy) Opportunity to replicate model in other entertainment hubs Compelling Financial Profile Increased scale and reach Healthy EBITDA margins Accretive multiple Long-term Upside from Strategic Synergies Promote Vivid Seats brand and loyalty program to Vegas.com customers Increase nationwide brand awareness Two-Sided Marketplace (1) Transaction valued at approximately $240M ($151.2M in cash and $88.8M in equity as Class A Common Stock of Vivid Seats Inc.) VEGAS Enhanced Nationwide Brand Awareness Travel to Vegas Large and Expanding TAM 7 EX Profitable Growth Purchase Tickets on Vegas.com Enroll in Vivid Seats Rewards Purchase Tickets on Vivid Seats back home#15Strategic and Financial Enhancement Through M&A Utilized our balance sheet and robust cash flow to acquire two strategic assets that enhance scale, increase TAM and expand capabilities in a financially accretive manner STRATEGICALLY ACCRETIVE TAM ACCRETIVE FINANCIALLY ACCRETIVE LEADING MARKET POSITION SYNERGISTIC UPSIDE Two-Sided Marketplace Large and Expanding TAM VEGAS.COM << WAVEDASH Profitable Growth#16Vivid Seats Financial Highlights 1. 2. 3. 4. Growth at Scale Profitability Cash Flow Connecting millions of buyers with thousands of sellers Greater than 30% growth in 2022 followed by greater than 20% growth in 2023¹,2 19% 2024 revenue growth – high-single digit growth excluding Vegas.com acquisition² - ● ● ● ● Two-Sided Marketplace >Large and Expanding TAM Significant profitability and increasing Adjusted EBITDA margins2,3 19% 2022 margin 20% 2023 margin and 21% 2024 margin Profitable Growth Robust cash flow conversion $114M cash from operations YTD 2023 60-70% Adjusted EBITDA to cash conversion4 ● Refers to Marketplace GOV. Reflects midpoints of 2023 and 2024 guidance range. Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP financial measures. See the "Non-GAAP Reconciliations" section in the appendix of this presentation for a reconciliation of Adjusted EBITDA to net income and Adjusted EBITDA margin to net income margin. Vivid Seats 16 Reflects projected increase in cash balance excluding strategic acquisitions, share repurchases and debt paydown (if any), compared to Adjusted EBITDA.#17Continued Robust GOV and Revenue Growth (in thousands) $742,138 $814,817 Q1 2022 Q2 2022 Marketplace GOV¹ $781,834 $845,965 $855,528 $953,739 $998,933 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 $130,772 $147,694 Revenues $156,818 $164,990 $161,063 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 $165,380 $188,133 Q2 2023 Q3 2023 (1) Marketplace GOV represents the total transactional amount of Marketplace segment orders placed on our platform in a period, inclusive of fees, exclusive of taxes, and net of event cancellations that occurred during that period.#18Engagement Engine Investment Delivering Powerful Results 47% FY2018 Order Mix from Repeat Buyers ¹,2 50% FY2019 1. Represents orders from repeat buyers vs. total orders (from both repeat and new buyers) placed on our website or mobile apps. 2020 omitted due to distortion from COVID-19 pandemic. 2. 51% FY2021 56% FY2022 Vivid Seats 18#19Significant Profitability and Cash Flow Generation (in thousands) Net Income margin % $3,138 2% $24,060 16% GAAP Net Income¹ $18,747 12% $24,834 15% $30,272 19% $38,326 23% $16,018 9% Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 $21,012 16% Adj. EBITDA margin % $30,329 21% Adjusted EBITDA² $28,284 18% $33,700 20% $42,435 26% $31,077 19% $33,367 18% Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 (1) Represents consolidated net income before allocation to noncontrolling interests. (2) Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP financial measures. See the "Non-GAAP Reconciliations" section of this presentation for a reconciliation of Adjusted EBITDA to net income and Adjusted EBITDA margin to net income margin.#20Relentless Focus on Profitable Growth Grow user base • Drive accretive repeat rates Profitable customer acquisition through Vegas.com ● Additional SkyBox capabilities Free-to-Play games for buyers • TAM expansion and strategic partnerships volume Increase Expand Platform Deepen Engagement ● Enhance event discovery Increase frequency and nature of user interactions Accelerate loyalty flywheel Vivid Seats 20#21e Efficient Capital Structure Providing Strategic Flexibility¹ $117M Sizable Cash Balance Reflects 9/30/23 balance sheet less $151.2M cash to acquire Vegas.com (63% cash/37% equity) based on approximate transaction value. (2) Reflects projected increase in cash balance excluding strategic acquisitions, share repurchases and debt paydown (if any), compared to Adjusted EBITDA. Reflects long-term debt, gross. Net leverage calculated as excess of debt balance over cash balance, divided by 2024 Adj. EBITDA guidance (midpoint). (5) Reflects 9/30/23 shares outstanding plus ~15.6M Class A shares issued to acquire Vegas.com 60-70% Adj. EBITDA to Cash Conversion² Strategic Flexibility <1.0x Net Leverage4 $100M Undrawn Credit Facility 212M5 Shares Outstanding (Class A + B) $274M³ Low Debt Balance#22CK Thank You dillo#23Appendix Vividseats#24Non-GAAP Reconciliations (in thousands except for percentages) Net income/ Net income margin Income tax expense (benefit) Interest expense - net Depreciation and amortization Sales tax liability(¹) Transaction costs (2) Equity-based compensation (3) Loss on extinguishment of debt(4) Litigation, settlements and related costs (5) Change in fair value of warrants (6) -(7) Change in fair value of derivative asset Change in fair value of contingent consideration (7) Loss on asset disposals S (8) (10) Foreign currency revaluation losses Adjusted EBITDA / Adjusted EBITDA margin 2022 Q1 2022 Q2 2022 $3,138 $24,060 $76 $3,942 $1,385 $922 $1,402 $3,597 $4,285 -$14 $1,009 $2,279 -$8,832 $2,699 $1,726 $2,010 $2,345 $5,312 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 $18,747 $24,834 $30,272 $38,326 $16,018 $118 -$1,784 $285 -$24,485 $2,595 $2,901 $3,316 $3,280 $2,772 $2,544 $2,158 $2,463 $2,598 $2,704 $3,301 -$118 $538 $555 $5,073 $5,071 $89 -$65 -$1,220 $63 $21,012 $30,329 $28,284 $1,393 - $1,609 -$845 $306 $456 $5,530 $300 -$327 2023 $34 $7 $4,488 $2,290 $7,380 $7,578 -$66 $26 $1,000 -$1,664 -$1,052 $10 $33,700 $42,435 $31,077 Q1 2022 2.4% 0.1% 3.0% 1.1% 0.7% 1.1% 2.8% 3.3% 0.0% 1.7% $83 $20 $34 $542 $33,367 16.1% 2022 Q2 2022 16.3% 1.8% 1.2% 1.4% 1.6% 3.6% This relates to external legal costs, settlement costs and insurance recoveries, which were unrelated to our core business operations. This relates to the revaluation of warrants to purchase common units of Hoya Intermediate, LLC held by Hoya Topco, LLC followin the Merger Transaction. This relates to the revaluation of derivatives recorded at fair value. 0.7% -6.0% 20.5% Q3 2022 12.0% 0.1% 1.8% 1.4% -0.1% 0.3% 3.2% 0.1% 0.0% -0.8% 0.0% 18.0% Q4 2022 15.1% -1.1% 2.0% 1.5% 0.3% 3.1% 0.8% -1.0% -0.5% 0.2% Q1 2023 18.8% 0.2% 2.0% 1.6% 0.3% 3.4% (5) (7) (8) This relates to the revaluation of Vivid Picks cash earnouts. (9) This relates to asset disposals, which are not considered indicative of our core operating performance. (10) This relates to unrealized foreign currency revaluation losses from the remeasurement of non-operating assets and liabilities denominated in non-functional currencies on the balance sheet date. 0.2% -0.2% 0.0% 0.0% 20.4% 26.3% 2023 Q2 2023 23.2% -14.8% 1.7% 1.6% 2.7% 4.5% 0.0% 0.6% -0.6% 0.0% 18.8% Q3 2023 8.5% 1.4% 1.4% 1.8% 1.2% 4.0% 0.0% -0.9% 0.0% 0.0% Notes: (1) We have historically incurred sales tax expense in jurisdictions where we expected to remit sales tax payments but were not yet collecting from customers. During the second half of 2021, we began collecting sales tax from customers in the required jurisdictions. The sales tax liability presented herein represents the tax liability for sales tax prior to the date we began collecting sales tax from customers reduced by abatements received, inclusive of any penalties and interest assessed by the jurisdictions. The remaining historic sales tax liability payments were made during the year ended December 31, 2022. (2) This consists of legal, accounting, tax and other professional fees; personnel-related costs, which consist of retention bonuses; and integration costs. Transaction costs recognized in 2023 were primarily related to a secondary offering of our Class A common stock and our acquisitions and strategic investments. Transaction costs recognized in 2022 were primarily related to our acquisitions and strategic investments, the refinancing of the June 2017 First Lien Loan with the February 2022 First Lien Loan and our exchange offering of shares of our Class A common stock for properly tendered public warrants. (3) We incur equity-based compensation expenses for profits interests issued prior to the merger transaction with Horizon Acquisition Corporation (the "Merger Transaction") and equity granted pursuant to the 2021 Incentive Award Plan, which we do not consider to be indicative of our core operating performance. Losses incurred resulted from the extinguishment of the June 2017 First Lien Loan in February 2022. 0.0% 0.3% 17.7%