Foxo SPAC Presentation Deck
POLICIES SOLD & SERVICED
Revenues and total EBITDA by platform
Pro-forma policies by platform
(,000 thousands)
2,000
1,800
1,60 0
1,400
1,200
1,000
80.0
600
400
200
0
20 22
20 23
FOXO MGA
20 24
✔ FOXO Services
FOXO INVESTOR DECK 2022 Page 35
20 25
FOXO LIFE
Policies sold by platform are based on the following assumptions:
20 26
. FOXO is targeting large insurance carrier customers, which issue on average 170k policies per annum.
. FOXO is modeling product sales growing under a MGA arrangement with third-party insurance carrier in 2023.
(1) FOXO Technologies, Pro-Forma Policies Sold, Revenues, and EBITDA Projections are Forward Looking
20 27
Pro-Forma Revenue by Platform and Total EBITDA
($USD Millions)
$1,600
$1,400
$1,200
$1,000
$8.00
$6.00
$400
$200
$0
(1)
($ 200 )
20 22
20 23
FOXO MGA
20 24
FOXO Services
20 25
20 26
FOXO LIFE Premiums
Revenue and EBITDA projections are based on the following assumptions:
2027
EBITDA
• FOXO MGA revenue is from gross commissions of 135% of the first-year premium of insurance products sold.
. FOXO Services revenue is from (i) technology service fees of 7.5% of the first-year premium of policies using
Saliva-based Underwriting and Consumer Engagement services; and (ii) costs of providing testing services of
-$160 per policy.
. FOXO Life premiums from insurance policies sold for The FOXO Life Insurance Company of $1mm, $3mm, $7mm,
$5mm, $5mm, and $5mm for the years 2022, 2023, 2024, 2025, 2026, and 2027, respectively.
• The average first year premium is modeled at -$3,500View entire presentation