PropertyGuru SPAC Presentation Deck

Offline-to-Online Migration Provides Runway for Growth Southeast Asian markets are ~10 years behind certain developed markets and are forecast to experience significant growth 13 Online Penetration of Real Estate Advertising Expenditure (¹) in Our Priority Markets vs. Certain Developed Markets 31% 60% 94% 33% Source: Frost & Sullivan (1) As a % of total real estate advertising expenditure 61% 2010 2015 2020 84% 24% 51% 64% 10% 21% 39% 14% 33% 46% 10% 2015 2020 2025E 27% 41% 3% 9% 24%

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