Syniverse SPAC Presentation Deck

Unified Platform and Global Network Enables Mission Critical Communications for Enterprises and Carriers ($ millions) Direct Margin¹ Total Enterprise $209 FY2020A FY2020A 32% Enterprise Revenue $241 FY2021E +27% CAGR 32% $321 FY2021E FY2022E FY2023E FY2024E FY2022E $433 29% FY2023E $542 30% FY2024E 31% $679 FY2025E FY2025E 32% ($ millions) Direct Margin¹ Total Carrier $436 FY2020A FY2020A 86% $437 FY2021E FY2021 E 84% Carrier Revenue +5% CAGR $459 FY2022E FY2022E FY2023E FY2024E 84% $484 Note: Fiscal year ends November 30; numbers may not sum due to rounding 1. Direct Margin calculated as revenue less directly variable product specific costs including message termination Fees (~85% of FY20A Direct Costs), revenue share and variable data processing costs FY2023E $515 85% FY2024E 86% $558 FY2025E FY2025E 86% 27

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