Investor Presentaiton

Business Combination Overview The Transaction is Straightforward with No PIPE and No Minimum Cash Threshold Requirement ■ Business combination between Bridger and JCIC, a publicly listed SPAC with ~$349 million cash in trust ■ No PIPE is required to close the transaction Transaction Structure ■ Transaction is expected to close by Q1 2023 Valuation ■ Pro-forma enterprise value of $915 million (1)(3), with a well-capitalized balance sheet (2) Company is positioned to execute on its business plan and strategic initiatives post-merger 281 Nige Pro Forma Capital Structure Assuming no redemptions, Bridger would expect to receive $325 million (1) in cash to its balance sheet, net of an estimated ~$24 million in fees and expenses (4) associated with the transaction ■ 65% Existing Bridger Shareholders Pro Forma Ownership (1) (3 (5) ■28% JCIC Public Shareholders ■ 7% JCIC Sponsor and Independent Directors Transaction structure assumes no redemptions. See footnotes (2), (3), (7), (8), and (9) on Slide 33 for various assumptions. (1) (2) ANMTY See slide 33 for pro-forma enterprise value calculation and related key assumptions. (3) (4) (5) Fees and expenses are subject to change and excludes $6.0 million deferred underwriting fees related to the JCIC initial public offering after the waiver by J.P. Morgan Securities LLC upon its resignation. Assumes ~30.3 million shares in respect of Bridger's existing Series C shares (assumes conversion of outstanding at a share conversion price of $11.00 per share 31 days after an assumed closing on December 31, 2022) and 39.3 million shares in respect of the other Bridger existing equityholders. 16

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