Vivid Seats SPAC Presentation Deck

Transaction Summary Opportunity Vivid Seats is a scaled, growing and highly profitable secondary ticketing marketplace $39 billion growing ticketing market opportunity serving the sports and entertainment markets Well positioned for both significant immediate growth in post-pandemic recovery and above- market long term growth from strategic positioning and competitive advantages Strategic Sponsor and aligned shareholders with strong pro form a balance sheet to capitalize on opportunity ● Capital Structure Vivid Seats shareholders rolling 100% of their equity $750 million of proceeds used for debt repayment and capital structure optimization Horizon has $544 million of cash in trust account (including $155 million committed by Sponsor) PIPE size: $225 million (including Sponsor investment) ● ● ● ● Valuation ● Enterprise value of $2.1 billion Implied EV / 2019A EBITDA of 16.1x Implied EV / 2022E EBITDA of 18.7x Attractive valuation versus other digital marketplaces and ticketing peers - 2 VIVIDSEATS. Key Leadership Stan Chia CEO - Vivid Seats Lawrence Fey CFO - Vivid Seats Todd L. Boehly CEO, CFO, Director - Horizon 4

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