Nextdoor SPAC Presentation Deck

Why Nextdoor wins: We are the neighborhood network, strong network effects, and clear monetization upside Nextdoor = Neighborhoods Purpose-driven brand Global relevance Unique value prop Significant global addressable market Product innovation Multiple drivers of monetization Nextdoor is where you plug into the neighborhoods that matter to you. Purpose-driven brand - promotes growth, differentiates the business, and aligns the organization. 63M+ global Verified Neighbors today, and over 70% neighbor retention. Built on trusted information, physical proximity, and uniquely local perspective. Everyone is a neighbor. Near-term opportunity to add 150M+ households globally. Q2 Update 10 years of singular focus on all things neighborhood provides utility that can't be replicated. ARPU growth of 58% Y/Y in Q2 '21 accelerating from 29% Y/Y in Q1 '21. Global Verified Neighbor data as of 6/30/21. Reflects 3-month retention of neighbors who joined in 2020. ARPU shown is calculated by annualizing total global revenue divided by the weekly active users (WAU) in the period. 27

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