Verint SPAC Presentation Deck

Cloud Revenue Acceleration Next Three Years Cloud Growth 30% to 40% CAGR $135 $165 $250 (>40% growth) 7 FY18 FY19 Non-GAAP Cloud Revenue ($ in millions)¹ FY20F Competitive Differentiation ● FY19 ARR of $200m² (~40% growth) driving >40% growth in FY20F Maintenance revenue over $300m, opportunity to convert at 2x Multi-tenant SAAS gross margins of 80% Broadest customer engagement cloud portfolio Flexible hybrid cloud model with global reach Strong scalability from SMB to enterprise 1 GAAP cloud revenue during FY18 and FY19 was $122 million and $151 million, respectively 2 Represents cloud ARR calculated using non-GAAP cloud revenue as of Q4 FY19. Cloud ARR calculated using GAAP cloud revenue as of Q4 FY19 was $177 million 10

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