Near SPAC Presentation Deck slide image

Near SPAC Presentation Deck

Disclaimer (Continued) Forward-Looking Statements Certain statements made in this Presentation are "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995, including statements regarding the anticipated benefits of the Transaction, the anticipated timing of the Transaction, future financial condition and performance of Near and expected financial impacts of the Transaction, the satisfaction of closing conditions to the Transaction, the potential PIPE transaction, the level of redemptions of Kludeln's public stockholders and the services and markets and expected future performance and market opportunities of Near. When used this Presentation, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. Many factors could cause actual future events to differ materially from the forward- looking statements in this Presentation. These factors include, but are not limited to, those set forth on pages 46 and 47 of this Presentation, as well as other unknown risks and uncertainties described from time to time in filings by Kludeln or Near with the U.S. Securities and Exchange Commission (the "SEC"). Kludeln, Near and the Placement Agent each expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Kludeln's and Near's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. Neither Near nor Kludeln gives any assurance that either party or the combined company can or will achieve its expectations. Actual results, performance or achievements may, and are likely to, differ materially, and potentially adversely, from any projections and forward-looking statements and the assumptions on which those forward-looking statements were based. There can be no assurance that the data contained herein is reflective of future performance to any degree. You are cautioned not to place undue reliance on forward-looking statements as a predictor of future performance, as projected financial information and other information are based on estimates and assumptions that are inherently subject to various significant risks, uncertainties and other factors, many of which are beyond the control of Kludeln or Near. All information set forth herein speaks only as of the date hereof in the case of information about Kludeln and Near or the date of such information in the case of information from persons other than Kludeln or Near, and the parties and the Placement Agent disclaim any intention or obligation to update any forward-looking statements or other information as a result of developments occurring after the date of this Presentation. Projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not, and are likely not to, reflect actual results. Use of Projections This Presentation contains financial forecasts with respect to, among other things, revenue, annual recurring revenue, contribution margin, adjusted gross profit margin, adjusted EBITDA margin, and certain ratios and other metrics derived therefrom primarily for CY 21 - CY 24. These unaudited financial projections have been provided by Near's management, and Near's independent auditors have not audited, reviewed, compiled or performed any procedures or any due diligence with respect to the unaudited financial projections for the purpose of their inclusion in this Presentation and, accordingly, do not express an opinion or provide any other form of assurance with respect thereto for the purpose of this Presentation. These unaudited financial projections should not be relied upon as being indicative of future results. The inclusion of the unaudited financial projections in this Presentation is not an admission or representation by Near or Kludeln that such information is material. The assumptions and estimates underlying the unaudited financial projections, including the market for Near's services and Near's ability to raise funds if and when required, are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the unaudited financial projections. There can be no assurance that the prospective results are indicative of the future performance of Near or Kludeln or that actual results will not differ materially from those presented in the unaudited financial projections. Inclusion of the unaudited financial projections in this Presentation should not be regarded as a representation by any person that the results contained in the unaudited financial projections will be achieved. www.near.com 3
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