Porch SPAC Presentation Deck

M&A Benchmarking I Two relevant comparable transactions were priced at a ~95% premium to the proposed Porch Transaction V VISTA EQUITY PARTNERS 02/15/19 Closed Date MINDBODY. $1,829M Implied EV 6.5x EV/NTM Revenue EV / NTM Revenue 4.4 x Porch Sources: Company filings and S&P Capital IQ based on sell-side consensus estimates. Note: Market data as of June 15, 2020. (1) Source: Meritech Capital. Median SaaS comps include all SaaS/Cloud IPOs since 2004, including those that were subsequently acquired. Copyright 2020 Porch.com. All rights reserved priceline 07/24/14 Closed Date Median: 8.6x 6.5 x OMINDBODY. 10.6 x OpenTable OpenTable $2,503M Implied EV 10.6x EV / NTM Revenue Since the Mindbody and OpenTable transactions were executed, median SaaS multiples have increased by -22.8% and -85.1%, respectively(1) Porch 42

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