Evolv SPAC Presentation Deck

Compelling SaaS Business Model Innovating Security Industry Business Model Unique Attributes: ✓ First Security-as-a-Service model in the industry ✓ Monthly subscription enables customers to use OpEx instead of CapEx ✓ Compelling value proposition drives 4-6 month sales cycle ✓ Four-year customer contracts with no termination; 12 months paid annually in advance ✓ Master customer contract enables easy follow- on orders and adding new modules evolv technology Security-as-a-Service (SaaS) Pricing Pricing options: straight monthly subscription or hardware purchase plus software subscription $2k-$3k PER MONTH PER SYSTEM EVOLV EXPRESS® Economics Total Contract Value Annual Recurring Revenue Upsell Revenue(a) 48 Month CONTRACTS (a) Upsell revenue includes additional add-on options to base contract, including integrations, advanced analytics, biometrics and elevated body temperature package. 12 Month SUBSCRIPTION PAID IN ADVANCE 2021E $120k $30k 2023E $120k $30k $24k 30

View entire presentation