Investor Presentaiton

FireTrac Opportunity and Business Model Multi-Billion Dollar Global Data Opportunity Underserved Market of Addressable Subscribers 1/6 of US population is directly impacted by wildfires Current fire data is controlled by wildfire agencies with limited to no access publicly available to those who need it most FireTrac is designed to provide data directly to citizens, landowners, insurance companies, utilities, municipal and county governments and potentially federal agencies Sizing the Market Opportunity ~45 million Bridger estimated US Households in fire prone areas ~5 million Illustrative longer-term market for Fire Trac Business Model & Illustrative Revenue Opportunity Annual subscription-based revenue model with user-friendly Fire Trac website and mobile app Subscriptions forecasted to range from $50-$120 annually per user Initial rollout is expected to focus on consumers and domestic market, while future versions will target enterprises and incorporate additional applications Estimated ~45 million US households in at-risk fire areas Bridger believes that adoption of Fire Trac could translate into $375+ million incremental long-term revenue (1)(2) With adoption from 1 million users, Bridger could still recognize an additional $75 million in incremental annual revenue (2) ~1 million users Potential near- term target FIRE TRAC ~1 million users Source: US Forest Service, Washington Post and Bridger management. (1) (2) Calculated as approximately 5 million potential long-term users multiplied by $75 annual illustrative average subscription fee. FireTrac revenue estimates should be viewed as illustrative and are not currently contemplated in the Company's revenue forecast. ~$75 annual average sub/ user ~$75 million 39

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