FiscalNote SPAC Presentation Deck

LegalTech - Existing Institutional Buy-side and Sell-side Following Limited Investable Public Float IPO Size ¹ ($MM) 314 616 240 intapp legalzoom DISCO Fiscal Note 47 6.9x 13.3x IPO Date Jun 30, 2021 Jun 30, 2021 Jul 21, 2021 8.5x IPO Multiple (22E EV/Sales) IPO Mkt. Cap ($MM) 1,569 5,507 1,820 Mean: 10.0x 8.1-x-- Total $1.2BN Total $350MM Attractive Entry Multiple Provides Margin of Safety and Re-rating Potential 23.3x 3 FiscalNote 6.9x 8.2x Cornerstone² ($MM) 60 240 50 Current Multiple (22E EV/Sales) Mean: 13.4x Investor² 8.8x TEMASEK Great Hill PARTNERS TCV BlackRock ar BlackRock DRAGONEER INTESTUIKS GHOSE NEUBERGER BERMAN 3 FiscalNote 4.6x 17.6x 6.7x Current Multiple (23E EV/Sales) Note: Company Fillings, FactSet, Dealogic. Market data as of November 3, 2021. (1) Post-greenshoe and excluding any secondary offerings; (2) including Concurrent Private Placement for LegalZoom's IPO; (3) FiscalNote's multiple is based on FY22PF and FY23PF revenue. $820MM public float Mean: 10.6x 7.4x Fiscal Note

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