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Investor Presentaiton

STRONG EXPECTED GROWTH EXPECTED TO DRIVE MARGIN EXPANSION $ in mm Revenue (1) Gross Profit(1) $ in mm Adjusted EBITDA(1)(2) $ in mm Brand Sponsorship Content Esports/Gaming Consumer Products International M&A Emerging Monetization Areas Total CAGR: 90% $188 $91 $50 $379 $651 Total CAGR: 114% $64 $28 $10 $123 $210 2021E 2022E 2023E 2024E 2025E YoY Growth 2021E 2022E 2023E 2024E 2025E Margin (3) % 32% 82% 105% 102% 71% 20% 31% 34% 32% 32% $13 $60 $131 ($19) ($14) 2022E 2023E 2024E 2025E 2021E Margin (4) % (38%) (15%) 7% 16% 20% FaZe provides a powerful combination of expected strong growth, capital efficiency and a rapid path to profitability Based on management estimates. FaZe calculates Adjusted EBITDA as Net Income / (Loss) plus Interest Expense, plus Taxes, plus Depreciation and Amortization, plus one-time, non-recurring costs. Calculated as Gross Profit divided by Revenue. (2) 22 22 (4) Calculated as Adjusted EBITDA divided by Revenue.
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