HUB Security SPAC Presentation Deck

Valuation Overview Benchmarking (Cont'd) Peer group valuation benchmarking (FY2023E) 7.3 x H HUB 7.4 x || 8.5x paloalto FORTINET. 14.5 X CROWDSTRIKE Source: CaplQ and FactSet (market data as of March 15, 2022) 21.9 x CLOUDFLARE EV / Revenue 16.9 X Zscaler 9.6 x okta 11.0 x 7.5x SentinelOne™ RAPID 7.6 x H Peer Median: 9.0x CYBERARK HUB 6.0 x VARONIS Page 19

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