BuzzFeed SPAC Presentation Deck

M BuzzFeed High Growth Commerce Opportunity BuzzFeed's Commerce revenue stream is enabled by a unique ability to deliver content to high value audiences This revenue stream drove "$500M in attributable transactions in 2020, up 62% YoY Enabled by unique approach to content Commerce Revenue All Other Revenue 13% 2020A $57M(¹) 87% Note: Historical financials are based on unaudited statements. (1) Pro Forma for Complex. Excludes go90. Further monetization of high value audiences Commerce Revenue Mix(¹) 23% Inspiration driven 2022E $150M(¹) 77% Rapid growth with high margins 31% 2024E $330M(¹) 69% STRICTLY PRIVATE AND CONFIDENTIAL 22

View entire presentation