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SPAC Presentation

Procaps' Transaction Process Shareholder Structure Pre-Transaction Minski Family 69% Post Transaction ¹,2 Minski Family 55% Alejandro Weinstein Controlled Entities 17% PROCAPS GROUP Alejandro Weinstein Controlled Entities 14% 00000 IFC 14% IFC 6% PROCAPS GROUP UAC II Sponsor 3% UAC II Shareholders 13% Free-float PROCAPS PIPE Investors 9% GROUP Source: Procaps Note: (1) $236 mm in sources following $64 mm in SPAC redemptions, no warrants redemption, $60 mm secondary sale. Actual results in connection with the business combination may differ; (2) The post-transaction ownership figures set forth herein do not take into account certain shares owned by UAC II shareholders and Procaps shareholders that will be placed into escrow and subject to release upon satisfaction of certain conditions. As part of the transaction, 10,464,612 shares will be issued to the shareholders of Procaps and placed into an escrow account at closing of the transaction. 50% of these shares will be released if the last sale price of the shares equals or exceeds $12.50 per share for any 20 trading days within any 30-day trading period and the remaining 50% will be released if the last sale price of the shares equals or exceeds $13.00 per share for any 20 trading days within any 30-day trading period. In addition, UAC II shareholders have agreed to place 2,875,000 of their private warrants and 1,250,000 of their shares into an escrow account at closing of the transaction. 50% of the escrowed shares will be released if the last sale price of the shares equals or exceeds $12.50 per share for any 20 trading days within any 30-day trading period and the remaining 50% will be released if the last sale price of the shares equals or exceeds $13.00 per share for any 20 trading days within any 30-day trading period. Any shares released from these escrow arrangements will remain subject to any applicable lock-up. Both the Procaps and UAC II shareholders that own these escrowed shares will retain their economic interests in, and be able to vote, such escrowed shares while they remain in escrow. * 6
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