Navitas SPAC Presentation Deck

Live Oak Partnership Provides de-SPAC Advantages Live Oak is the Preferred Merger Partner LIVE OAK ACQUISITION CORP || Generate a stable and long-term oriented shareholder base ▪ Live Oak maintains a network of direct investor relationships with large institutional money managers, hedge funds, private equity and family offices ▪ Live Oak II's IPO was specifically targeted to accounts who we believe have a strong interest in maintaining ownership post-business combination Strategic advice and resources to assist with a successful entry into the public markets ▪ Live Oak management and board have held C-level and leadership positions within public companies, successful SPACs, and investment managers I Emphasis on maintaining a high level of credibility with investors as the Company builds its public market profile ▪ Attract broader research coverage and maintain a high-profile presence at Wall Street and industry conferences Attract capital to fund future growth needs ▪ Deep capital markets experience, including two former CEOs of firms that specialized in institutional capital raises for small- and mid-cap companies O Navitas Semiconductor 2021 Case Study: Successful de-SPAC through Commitment to Partnership Twelve weeks of "de-SPAC" roadshow investor meetings ■ Over 65 investor meetings ▪ Live Oak CEO hosted or participated in every call ■ Live Oak continues to regularly engage with investors post-close Live Oak's shareholder base remained stable during de-SPAC period LOAK ranked 49th in trading volume as a percentage of float of the last 89 closed deals since 2018(1) ▪ Long-only, fundamental account filed a new >10% position in LOAK shares pre-close 492% 289% 282% Draft Kings QuantumScape Open Lending and SB Tech 257% Purple Innovation 220% ■ One of the highest performing SPAC mergers(1) Retained ICR, a leading IR / PR firm to lead outreach efforts ■ ■ Focused on engaging with sell-side analysts Over 25 different firms participated in an Analyst Day ■ Navitas Engaged well before the public announcement to ensure a cohesive plan and launch readiness Post-close NDR hosted by Morgan Stanley Participated in 2 sell-side conferences post-close Filed PIPE registration statement covering resale of PIPE shares within 30 days of closing and registration statement was effective 19 days after filing danimer 195% 177% MP Materials AdaptHealth Utz Brands, Corp. Inc. scientific danimer scientific 173% 164% ChargePoint (1) S&P Capital IQ as of 4/26/2021. Reflects top 10 common stock returns since IPO among 89 closed SPAC business combinations since January 1, 2018 with a pro-forma market value of $500mm. 163% Clarivate Analytics 4

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