Navitas SPAC Presentation Deck

Investment Highlights 1 Navitas Next-generation power semiconductor platform, with up to 3x smaller, 3x lighter, 3x faster charging and 40% energy savings (¹) 6 Navitas O Navitas Semiconductor 2021 2 5 Differentiated GaN power integrated circuit (IC) platform, with over 18Mu in volume(²), #1 market position, zero field failures (3) and 120+ patents issued/pending 3 Positioned for market leadership in the $13.1B+ GaN electrification opportunity(4) in mobile, consumer, enterprise, renewables / solar and EV / eMobility 4 Opportunity to impact CO₂ emissions by 2.6 gigatons by 2050(5) Proven leadership team with 300+ years of combined power semiconductor experience and track record of value creation (6) Strong visibility on projected revenue over the next two years, with committed manufacturing capacity in excess of forecasts and $680M of identified pipeline opportunities across five diversified end markets(7) (1) Based on Navitas measurements of GaN- (2) Based of Navitas cumulative based chargers compared to Si-based production shipments through March 2021. chargers with the same output power. (3) Based on no customer-reported consumer failures for production shipments through March 2021. (4) Refer to page 16 for details. (5) Refer to page 24 for details. (6) Refer to page 26 for details. (7) Based on cumulative value of awarded and qualified opportunities from 2021-2026. See page 31. 5

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