OnesSpaWorld SPAC

OSW'S UNDER-EXPLOITED SUPPORTS SIGNIFICANT GLOBAL GROWTH Attractive New Unit Economics Traditional Investment Model Revenue 4-Wall Margin 4-Wall EBITDA Net Investment UK 1,310 China 120 MARITIME Target Cash-on-Cash Return (Year 3): 25%+ South Africa India 172 Global Training Platform Can Fuel Significant Growth 483 RESORT SPA PLATFORM Jamaica 82 Australia 16 ~$2 million ~25% * Denotes sort order. OSW resort count as of 11/01/2018. 1. Includes resorts / hotels with spas. As of 12/31/2017. ~$500K ~$2 million RESORTS Indonesia 73 Malaysia 45 # Staff Trained at Facility in 2017 2,300+ SPA PROFESSIONALS TRAINED ANNUALLY 2. Excludes Starwood Hotels. 3. Excludes Sheraton banner. Resort Partner Under-Exploited Relationships to Leverage # of OSW Resort Spas* Marriott starwood Hotels and Resorts a Hilton Club Med CAESARS ENTERTAINMENT LOTTE HOTELS & RESORTS DISNEY PARKS WYNDHAM HOTELS AND RESORTS Mohegan Sun FOUR SEASONS LI LOEWS FOR HOTELS RESORTS TOTAL OSW PARTNER SPAS RESORTS SPAS GLOBALLY 5 3 3 3 2 2 1 1 1 1 1 ONESPAWORLD AT SEA. ON LAND. 23 Total Resorts in Portfolio (1) 646 (2) 716 (3) 214 62 47 16 38 351 5 115 16 2,226 33,000+ SIGNIFICANT GLOBAL WHITESPACE EXISTS WITH OSW'S CURRENT RESORT PARTNER BRANDS 28

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