Bakkt SPAC Presentation Deck

Unparalleled Infrastructure REDEEM & CONVERT SPEND & PAY travel "white label redemption websites PLATFORMS loyalty integrations purchase/ redemptions loyalty pay & virtual card INFRASTRUCTURE 3 party loyalty direct integrations bakkt direct payments deals & rewards sms & email mag compliance controls loyalty pay mobile / web apps "powered by" travel redemption direct pay /virtual card real time digital assets exchange digital asset aggregation & conversion payment api SEND anti-fraud transmitting bitcoin gift cards partners & merchant operational & data portals cash loyalty points and rewards identity management settlement & banking integration support TRADING(¹) futures ledgering securities broker/dealer custody asset redemption & conversion commerce & payment trading Note: Bakkt does not presently plan to offer the consumer app to Hawail residents due to reserve requirements imposed on crypto apps like Bakkt. Bakkt is monitoring legislative developments in Hawaii and, should this requirement change, would consider licensing and offering the app there. Additionally, Bakkt does not yet offer the app in New York but expects to do so in the near future upon obtaini the necessary licenses. (1) Trading is executed through ICE's platform 121 Part of Bakkr's 2021 roadmap but not currently functional (3) Under future consideration but not currently functional. options buy / sell trading lending internal market maker 19

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