Skillz SPAC Presentation Deck

APPENDIX: PEL SUMMARY skillz ($ in Millions) GMV Take Rate Revenue Gross Profit Contribution 2017 (3) $120 14% 2018 14% $365 $886 $1,566 2019 $51 $49 14% $17 $16 -$3 $6 Adj. EBITDA -$10 -$18 -$23 -$47 (1) Take Rate is defined as the percentage of the entry fees retained by Skillz for each paid contest after prizes and incentives for players and profit share to developers. (2) Contribution is defined as Adj EBITDA before User Acquisition Cost (3) Ad). EBITDA is defined as EBITDA before non-recurring items and stock-based compensation. $120 2020E $114 $29 14% $225 $216 2021E $82 $2,519 15% $366 $352 $156 -$14 2022E $3,790 15% $555 $534 $245 $8 36

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