Doma SPAC Presentation Deck

Superior Financial Profile and Attractive Initial Valuation FV / '22 Adj. Gross Profit Insur Tech Tech 2022E Adj. Gross Margin '21-'22 Adj. Gross Profit Growth 17.7x doma¹ 54% doma¹ 91% 78.5x Lemonade 54% Lemonade 71% Lemonade 24.4x metromile ² 40% metromile 2 99% metromile² 21.9x Root Insurance 28% Root Insurance NM³ Root Insurance 28.5x Opendoor 9% Opendoor 92% Opendoor 21.6x REDFIN 24% REDFIN 23% REDFIN doma¹ Source: Company information and Factset as of 03/01/2021. Note: Doma's projected Adj. Gross Profit does not include the impact of growth funded by cash proceeds from the transaction. (1) Adjusted Gross profit for Doma, with margin calculated as a % of retained premiums & fees. (2) Gross margin calculated assuming revenue equal to 65% reinsurance and 25% ceding commissions on insurance business + revenue from enterprise segment and other income as provided in investor presentation. 2022E Metromile projected figures per 1/21/21 Investor Day presentation. (3) >500% driven by low 2021 gross profit estimates by equity analysts. 32

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