Rigetti SPAC Presentation Deck

Positioned for explosive revenue growth Summary forecasted financial data ($M) 600 480 360 240 120 0 7 (31) 2021E 18 (39) 2022E Narrow Quantum Advantage¹ 34 (32) 2023E 73 (12) 2024E Broad Quantum Advantage¹ 288 142 2025E 594 380 2026E Revenue CAGR: 140% (2021-2026) Key Growth Drivers: • Achieving quantum advantage ● New production system releases • Maturing quantum ecosystem Commentary Revenue growth supported by long-term development contracts and strong partnerships with QCaaS distribution and direct channels. Post quantum advantage milestones, the majority of revenue shifts from development contracts to QCaaS. OpEx increase is primarily driven by R&D of next-generation systems and headcount growth in engineering and go-to-market. rigetti Revenue EBITDA Note Years represent calendar year end. Prepared on the basis of certain technical, market, competitive and other assumptions to be subsequently described in further detail, and which may not be satisfied. As a result, these projections are subject to a high degree of uncertainty and may not be achieved within the time-frames described or at all 1 Timing of narrow quantum advantage and broad quantum advantage are based on the Rigetti technology roadmap. As a result, exact timing of these milestones are subject to a degree of uncertainty. 37

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