Payoneer SPAC Presentation Deck

Resilient Performance During Pandemic 1. 2. 3. Adjusted Volume ($ in bn)(¹) 67% $25 $42 2020F 1.10% 2019A Total Take Rate(²) Take Rate Considerations 0.78% 2020F COVID Impact on international travel Interest income Vertical mix shift and growing domestic payments Mix shift to larger customers Targeted pricing investments Adjusted Revenue ($ in mm) (3) 31% $244 2019A 2019A Adjusted Volume is defined as Volume less Volume from two travel marketplaces and interest income. Adjusted Volume is based on 2019A and 2020F Volume of $29bn and $44bn, respectively, less Volume of $4bn and $2bn for 2019A and 2020F, respectively, attributable to two travel marketplaces and interest income. See Appendix for reconciliation. Take Rate is based on total volume and total revenue, not adjusted volume and adjusted revenue. Take Rate is calculated as total revenue divided by total volume. Adjusted take rate in 2019A and 2020F is 0.96% and 0.76%, respectively. Adjusted Revenue is defined as Revenue less Revenue from two travel marketplaces and interest income. Adjusted Revenue is based on 2019A and 2020F Revenue of $318mm and $346mm, respectively, less Revenue of $74mm and $27mm for 2019A and 2020F, respectively, attributable to two travel marketplaces and interest income. See Appendix for reconciliation. $319 2020F Payoneer 34

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