Cyxtera SPAC Presentation Deck slide image

Cyxtera SPAC Presentation Deck

Starboard Value Acquisition Corp. overview ■ I Starboard Value Acquisition Corp. (SVAC) is a $404mm blank check company sponsored by SVAC Sponsor LLC, an affiliate of Starboard Value LP Starboard has ~$6.7bn (¹) of AUM and an 18 Year History of Public Market Investing Starboard's CEO Jeff Smith is the Chair of SVAC, and Starboard Managing Director MJ McNulty is the CEO of SVAC; both are directors of SVAC SVAC has also assembled an experienced team of Industry Advisors who have high-profile, long-term track records of value creation in both private and public companies, and an independent board of directors with complementary expertise H I Overview The SVAC Team offers an optimal blend of experience in evaluating value creation opportunities and participating in business transformations in the public and private markets Key Structural elements: 1/3 Warrant (1/6 Warrant in unit, 1/6 tied to not redeeming) and a pro rata share of any warrants not allocated following redemptions, Up to $100mm forward purchase agreement backstop to offset redemptions provided by certain clients of Starboard, and ■ I $75mm optional share purchase agreement to purchase stock of the combined company at $10 for 6 months post-closing Starboard has built a strong reputation and following in the public markets, attracting significant fundamental investor interest in the companies in which it invests Value proposition Network effects from a credible institutional sponsor with a strong reputation, a deep bench of proven business leaders, and a unique, proven investment process Exceptional TEAM of executives with a successful track record of operating public and private businesses across sectors Full backing of STARBOARD, including its resources and capital, providing public market expertise Differentiated STRATEGY focused on business transformation and partnership to drive long-term value creation Starboard Team SVAC (1) Assets under management calculated as of 02/01/21; include the net asset value of existing investments, binding capital commitments, and non-binding capital commitments that are subject to opt-out Cyxtera Strategy 6 SVAC
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