Bakkt Results Presentation Deck

PARTNERSHIPS / CHOICE HOTELS Buy, send and spend Choice Privileges members can now convert their rewards points to cash and... o buy bitcoin o spend with Apple Pay® or Google Pay™ o send to a friend b CHOICE privileges REWARDS. Convert Choice Privileges® points to cash with Bakkt Get up to a 1,500 point bonus! bakkt CHOICE HOTELS® Highlights: Advantages over direct-to- consumer: o Conversion rate (downloads to registrations) is significantly higher o Cost to acquire a customer ~50% lower o Higher return engagement bakkt Note: This slide is an illustrative example; not all collaborations will generate the same results. Based on September 10 - October 18, 2021 data 15

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