Investor Presentaiton

1 INVESTMENT THESIS 2 Leading Digital Native Lifestyle Brand Diversified Multiplatform Monetization Strategy 3 Global Market Growth 5 Lucrative and Hard to Reach Demographic Scalable Future M&A Growth ⚫ FaZe has expanded past its gaming roots and is becoming a voice of youth culture with 350mm+(1) combined social media reach and an estimated ~120mm (2) uniques • More cross platform actions than the next 8 Esports organizations combined(3) • Organic growth from sponsorships, content, merchandise, Esports, international expansion, and other IP verticals presents opportunity to significantly increase monetization per audience member to levels of competing organizations and leagues which represents a revenue growth opportunity of ~10x to ~200x+ today's levels (4) ⚫ The global video streaming market is expected to grow at a CAGR of 21% from 2021E to 2028E(5) • ~3bn global gamers(6) • 400mm+ Esports viewers expected to grow ~8% per year(7) • 80% of FaZe audience between 13 and 34 years old reach with traditional media (8) • Gen Z expected global income of $33tn by 2030E(9) - a demographic which is challenging for advertisers to Opportunities for strategic and financial synergies across several verticals ⚫ FaZe believes that it can be the conduit between the digital and real world, a challenging area for traditional brands and industries 6 Strong Financial Profile ⚫ FaZe provides a powerful combination of expected strong growth, capital efficiency and a rapid path to profitability Twitter, Instagram, TikTok, YouTube, Twitch. (5) (3) 9 Unique audience represents total subscribers to FaZe owned and FaZe talent channels on YouTube as of July 31 2021. U.S. brands, Reactions, Comments, Shares, Retweets and Likes on Facebook/Twitter/Instagram, main account, 2020. Shareablee "The State of Social Media in the U.S. 2020", 2021. (6) Grand View Research "Video Streaming Market Size & Share Report", February 2021. NewZoo "Global Games Market Report 2021", July 2021. (7) (8) NewZoo "Global Esports & Live Streaming Market Report", March 2021 YouTube, management analysis. (4) Based on $ per unique audience, J.P. Morgan "Alexia's Sports Rights Almanac - 2020", June 2020. (9) Bank of America "OK Zoomer: Gen Z Primer", November 2020.

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