System1 SPAC Presentation Deck

We Have a Successful & Growing M&A Track Record S1 Acquisition MapQuest CM Develop and augment new CONCOURSE MEDIA Startpage info.com MEDIA QOOL™ user acquisition channels infospace Build strong brands in focus markets or verticals Diversify monetization capabilities O&O Product Extension Accelerate international growth . ● Startpage Strong consumer brand for private search with significant international presence Significant day 1 acquisition synergies due to superior System1 monetization terms and Ul testing platform to improve RPS Migration to RAMP framework led to further RPS improvements Strong consumer brand and travel-related search engine Underinvested by previous owner Superior display monetization from RAMP drove 32% increase in site monetization within 1 month of acquisition close MapQuest Migration to RAMP led to significant opportunity to acquire and monetize traffic Q3 21 revenue more than triple Q3 2019 (pre-acquisition) Search RPM Growth Under Systeml ~2x Note: "O&O" refers to Owned & Operated; "RPM" refers to page revenue per thousand impressions; "RPS" refers to revenue per session; $6.83 LTM as of 12/31/18 $9.71 Site RPM Growth Under Systeml LTM as of 9/19/19 $14.55 ~4x Q3'21 $35.72 Q3'21 32

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