Stryve Business Combination with Andina Acquisition Corp. III slide image

Stryve Business Combination with Andina Acquisition Corp. III

Public Comparable Companies 29.0x 19.6x 14.2x EV / 2021F Revenue (1) 8.7x 7.5x 4.3x 3.6x 3.7x CELSIUS BEYOND MEAT freshpet LAIR SUPERFOOD 22.5× Tattooed Chef Vital FARMS EV / 2022F Revenue (1) Simply Good Struve (1) FOODS COMPANY 13.0x 11.1x 5.9x 5.5x 3.4x 3.3x 1.8x CELSIUS BEYOND MEAT freshpet LAIR Tattooed Vital SUPERFOOD Source: (1) Industry research as of 1/26/2021 EV assumes "Pro Forma Implied Total Enterprise Value" indicated on page 31 FARMS Simply Good Struve (1) FOODS COMPANY Stryve 32
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