Payoneer SPAC Presentation Deck

Compelling Relative Valuation 2022 Revenue Growth Rate EV/ Revenue Multiple(¹) 2021E 2022E Selected Peers Growth Adjusted EV / Revenue Multiple(¹)(2) 2021E 2022E Payoneer FTAC Olympus 25% 7.6 x 6.1 x 0.3 x 0.2 x High-Growth Payments P PayPal adyen bill.com Square 29% 36.5 x 27.7 x 1.2 x 1.0 x e-Commerce S shopify BIGCOMMERCE 27% 49.3 x 38.5 x 1.9 x 1.5 x Note: Revenue based on net revenue, which has been standardized across companies to remove network and interchange fees. Net revenue for Adyen, BigCommerce, Bill.com, FIS, and Global Payments are based on S&P CapitallQ. Net revenue for Paypal, Shopify, Square, and Fiserv are calculated by averaging the estimates provided by sell-side research reports. 1. Based on CapitallQ prices as of February 1, 2021. 2. Growth Adjusted EV / revenue multiple is based on net revenue and is calculated as EV / net revenue multiple divided by 2020-2022 net revenue CAGR, which is 25% for Payoneer, 30% for High-Growth Payments, 26% for e-Commerce and 9% for Global Processors. Global Processors FIS & globalpayments fiserv. 8% 7.2 x 6.7 x 0.8 x 0.8 x oneer 38

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