Brivo SPAC Presentation Deck

Obrivo. Attractive unit economics drive immediate profitability Total LTV $0 Channel leverage keeps CAC low $(CAC) Expansion SaaS $ LTV $ loT GM (1) Source: Calculations based on 2019 and 2020 operating results for Customer Lifetime Value (LTV) and Customer Acquisition Cost (CAC) Immediate CAC payback Strong gross margins on upfront loT sale 6.1x LTV / CAC (1) 15

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