Porch SPAC Presentation Deck

Porch has the potential to grow revenues ~20x ~$400M ~$1.5B $73M 2020E Revenue 30-35% CAGR Core Business Growth -$500M -$200M 0 -$400M 2 3 Revenue Mover Insurance New Home Potential Marketing Expansion Service in 5-7 Verticals Years Upside Potential 1 2 3 0) Mover Marketing: ~$200M potential revenue opportunity Data monetization by shifting mover marketing spend by brands from change of address to 6 weeks prior with Porch. Achieved by acquiring 40 enterprise customers paying $1 per mover (vs $2 per mover list rate) Insurance Expansion: $400M potential revenue opportunity Expand from an insurance agency to a Managed General Agency (MGA). Achieved by the acquisition of 1+ insurance MGA (-$100M anticipated acquired revenue) which increases commissions -2.5x without assuming underwriting risk. New Vertical Expansion: ~$400M potential revenue opportunity Assumes 4+ SaaS acquisitions per year with $200M acquired revenue and $200M organic growth via revenue growth from Porch's platform. Represents Porch management approximate estimates of potential future revenue growth opportunities and does not constitute Porch management financial projections or guidance and should not be regarded or relied on as such. Copyright 2020 Porch.com. All rights reserved Porch 32

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