Presto SPAC Presentation Deck

Labor Shortage Creating Major Headwinds for Restaurant Enterprises This should Be a Boom Time for Restaurants. But Owners - and the Few Workers Remaining - are Struggling TIME The Labor Shortage May Be Permanent Forbes Inside the Restaurant Industry's Critical Labor Shortage QSR Restaurants Can't Find Workers Even Amid Historic Unemployment Millions of jobs and a shortage of applicants. Welcome to the new economy Bloomberg Short-Staffed Restaurants Prop Up Table Service With Technology WSJ CAN As Diners Return, Restaurants Face a New Hurdle: Finding Workers The New York Times (1) TIME, This Should Be a Boom Time for Restaurants. But Owners-and the Few Workers Remaining-Are Struggling. (2) NPR, Low Pay, No Benefits, Rude Customers: Restaurant Workers Quit At Record Rate. Confidential - Do Not Distribute 1.5M(¹ jobs below pre-pandemic level for bars & restaurants as of May 2021 (1) 53% of all restaurant workers are considering leaving their job (2) 1.2M unfilled restaurant jobs as of July 2021 presto 9

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