Playboy Investor Conference Presentation Deck

PLAYBOY 2020 14 Licensing Contracted Cashflows Our royalty-based revenue provides a highly visible and strong cash foundation. $27.6 $46.7 Contracted Cashflows ($MM) Source: Company Management ¹ Includes 2H2020-2029 contracted cashflows $46.4 $47.6 $48.2 $48.5 $49.5 $47.0 $35.6 2H20 2021 2022 2023 2024 2025 2026 2027 2028 •~$400M of forward-booked contracted minimum guarantee cashflows¹ •Licensing revenue may exceed higher-than-contracted minimum guarantees (% sales) .80%+ gross margins • Assumes no renewals (historical renewal rate is more than 95%)

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