Near SPAC Presentation Deck

High Growth Business with Attractive Financial Profile Attractive Financial Characteristics Attractive Revenue Mix with High Revenue Retention ● ● 40% revenue CAGR ('20P - '24E) as a result of new customer wins and existing customer upsells ● Majority recurring revenue driven by Near's highly attractive SaaS-based revenue model Robust Margin Profile and Cash Flow Generation 70%+ Adjusted Gross Profit Margins expected to grow with further optimization and economies of scale Adjusted EBITDA Margin expansion as a result of operating leverage Revenue and ARR Growth All figures as of CYE ending 12/31; $M www.near.com 66% $21 Revenue $33 2020P 20 20P Adjusted Gross Profit Margin¹ $39 ARR 71% $33 72% $44 2021E 2022E Adjusted Gross Profit $46 2021E $50 72% $66 2020P2024E Revenue CAGR: 40% 2023E -% Margin 73% $94 2024E $62 2022E $75 -$12 (36%) $91 2020P 2023E Adjusted EBITDA Margin² $101 -$16 -$21 2022E 2021E Adjusted EBITDA $127 2024E -$8 $141 Notes: (1) Adjusted Gross Profit Margin reflects margin calculated by deducting Cost of Revenues from Total Revenues, without considering any depreciation and amortization for the respective quarters (2) Adjusted EBITDA Margin reflects margin calculated by excluding any one-time transaction related expenses for the business combination (3) E - Estimates ; P - 2020P presents CY2020 on a pro forma basis reflecting the acquisitions in France and the US 2023E % Margin 2% 33 $3 2024E

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