Playboy SPAC Presentation Deck

PLAYBOY 2020 14 Diversified Offerings Represent Massive Market Playboy's existing business demonstrates strong consumer affinity in key categories; market size showcases enormous growth opportunities. Projected 2024 Market Size 2020E Market Size 2020E Playboy Consumer Retail Sales5 2020E Adjusted Revenues (% of Total Adjusted Revenue) Key Playboy Enterprises Consumer Product Offerings in Market Today Current Business Model(s) SEXUAL WELLNESS $388 billion¹ $283 billion $100 million $54 million (41%) Intimates and lingerie (yandy.com and collaborations) Condoms, lubricants, wipes and intimacy kits CBD arousal offerings Supplements including natural ED Playboy Advisor education, health & relationship content PlayboyTV, Playboy Plus, Playboy.tv D2C product sales and subscription Licensing Strategic Collaborations STYLE & APPAREL $1.9 trillion² $1.3 trillion $2.7 billion $69 million (53%) Men's & women's casual wear, shoes / footwear, sleepwear, swimwear, formal suits, leather & non-leather goods, sweaters, active wear, and accessories Collaborations with fashion and accessories brands including Missguided, Pac Sun, Supreme, others D2C product sales Licensing Strategic Collaborations ¹ Includes Intimates, Condoms, Lubricants, Sex Toys, Sexual Supplements, CBD, and Sexual Health markets. 2 Includes Men's and Women's Apparel and Accessories markets. 3 Includes Digital Gaming, Spirits, Furniture, Bedding, Art, and Recorded Music markets. 4 Includes Men's and Women's Fragrance, Skincare, Men's Grooming, Color Cosmetics, and Beauty Supplement markets. 5 Includes global retail spend against the Playboy brand based on management estimates. Source(s): Euromonitor, Aritzon, Statista, Grand View Research, Business Wire, PR News Wire, Wall Street Research. *See non-GAAP to GAAP reconciliations at the end of the presentation. GAMING & LIFESTYLE $1.4 trillion³ $1.2 trillion $52 million $4 million (3%) Gaming including casinos & social venues, slots and table games, social casino gaming, live dealer Sports betting partnerships Gaming skins and in-app purchases Furniture & art Playboy Jazz Festival Spirits JV D2C product sales Licensing Strategic Collaborations & JVs BEAUTY & GROOMING $434 billion4 $360 billion $16 million $3 million (2%) Men's and women's fragrance Color cosmetics Licensing

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