Topps SPAC Presentation Deck

29 TEV / '21 CY Revenue Summary of trading comparables TEV / '21 CY EBITDA TEV / '21 CY EBITDA - CapEx 2 1.9x 12.5x (c) (d) (e) 13.1x(e) 4 (a) Toy / Collectible / Novelty DAMES Hasbro WORKSHOP 8.7x 2.8x 20.5x (b) COLLECTORS UNIVERSE Valuation Source: Company filings, FactSet, Capital IQ. Note: Market data as of March 31, 2021. 4.8x MATTEL 1.9x Funkö GRIN Median: 2.4x 1.6x 1.6x 18.1x 15.0x 14.1x 11.8x 11.1x 10 3x li ……… Median: 13.0x Median: 15.8x 17.2x 15.6x 14.3x 15.2x 16.0x Lindt 4.6x 22.8x Confections 34.2x utz Mondelēz, HERSHEY BRANDS 3.1x 19.3x 3.6x 4.4x Hostess Cloetta Median: 3.3x 2.7x 1.6x Median: 16.8x 16.9x 16.6x 11.0x 10.8x itn… Median: 21.3x Sports / Entertainment 5.6x 25.6x (c) 26.6x W Median: 4.2x Median: 15.2x 4.2x 4.0x 15.2x 14.8x Median: 23.3x NM (a) Topps 2020 FY ended on 1/2/2021 and Topps 2019 FY ended on 12/28/2019. (b) Cards Parent entered into a definitive agreement to acquire Collectors Universe on November 30th, 2020 at an $827MM implied Enterprise Value. The multiples and Enterprise Gaming / Digital Interaction TALENTED 5.1X 4.1X 20.8x zynga for Collectors Universe as shown reflect the valuation as of November 27th, 2020, unaffected by the acquisition announcement. Financial figures reflect FYE 6/30/2021 figures. Manchester United CapEx includes purchase of players registrations, proceeds from sale of players registrations and general CapEx. Electronic Arts entered into a definitive agreement to acquire Glu Mobile on February 8th, 2021 at an $1,847MM implied Enterprise Value. The multiples and Enterprise Value for Glu Mobile as shown reflect the valuation as of February 7th, 2021, unaffected by the acquisition announcement. (e) Topps represents pro forma Adj. EBITDA for estimated annualized public company costs. 16.3x (d) glu 16.8x Median: 4.5x 2.2x STILLFRONT GROUP Median: 14.8x 23.5x 23.4x 22.2x 20.4x 9,9x 14.4x 14.4x lima timm M 4.8x 13.3x 12,6x Median: 16.5x 14.5x 16.2x LOPPS

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