Babylon SPAC Presentation Deck

Clinical Service Software F Licensing Babylon VBC Revenue Model Review Revenue Methodology Cost Methodology Example Customer Value Based Care Via Babylon 360 Capitation Revenue Per Member Per Month ("PMPM")(1) Assume the financial responsibility for the healthcare expenses of members CENTENEⓇ Corporation Home State Health Clinical Services License Fee (PMPM) + Fee-for-Service ("FFS") Clinical Costs + Incremental Software Cost (minimal cost) вирал (Leading UK Insurer) Software Licensing Via Babylon Cloud Services Upfront Fee (revenue recognized over the contract term) Incremental Software Cost (minimal cost) P PRUDENTIAL TELUS Note: Reflects typical contracts under each Babylon product, however, specific contracts terms may vary. 1) Significant portion of the PMPM fee is fixed, and the remainder of the PMPM fee is variable. Revenue from the variable PMPM fees can be earned through either, or a combination of, the achievement of certain performance metrics or the realization of healthcare savings resulting from the utilization of our services. 90

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