Cannae SPAC Presentation Deck

CERIDIAN On 5/21/21 Cannae sold 2.0M CDAY shares at $87.50 for gross proceeds of $175M-a 15x+ return on investment Company Overview Ceridian provides human capital management ("HCM") software to companies around the world $120 $100 $80 $60 $40 ● Cannae currently owns 12.0M shares valued at $1.2bn CDAY Stock Price Performance Since IPO $20 ● ● Dayforce is the company's flagship cloud HCM platform, which provides human resources, payroll, benefits, workforce management, and talent management functionality to 5,000+ live customer accounts ● 5,164 Dayforce customers were live on the Dayforce platform as of June 30, 2021, a net increase of 125 customers compared to March 31, 2021 Powerpay is the company's cloud HCM solution designed primarily for small market Canadian customers with fewer than 20 employees $22.00 April 2018 CERIDIAN Source: Public company filings and market data as of 8/5/2021. August 2021 8/5/2021 $98.74 Cannae Investment Summary Investment Date Total Invested Capital Current Ownership Current Value Current Gain 2007 $72.7M / $6.06 per share 12.0M shares / 8.0% ownership stake $1.18B $1.1B / 16.3x ● ● ● • In the 2011 recapitalization, all shares of cumulative preferred stock were exchanged for participating convertible preferred stock ● CH • CANNAE HOLDINGS, INC. Foley and THL recapped Ceridian in 2007, and then again in 2011 In April 2018, CDAY completed the IPO of its common stock, raising $462M by offering 21M shares at $22.00 per share Cannae's investment at the time of IPO was -$225M Cannae has monetized a portion of its CDAY stake over time - we currently hold just over 30% of the shares we held at the time of IPO Cannae's cost basis following the most recent sale of 2.0M shares on 5/21/21 is ~$73M In May 2021, Cannae sold 2.0M CDAY shares at an average price of $87.50 for gross proceeds of $175M Following the sale, Cannae currently owns 12.0M shares of CDAY (~8% ownership stake) Gross market value of Cannae's investment is ~$1.18B based on CDAY stock price of $98.74 as of 8/5/2021 Mark-to-market gain on investment is $1.1B or 16.3x before taxes and fees CANNAE HOLDINGS INVESTOR PRESENTATION AUGUST 2021 | 18

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