HUB Security SPAC Presentation Deck

Valuation Overview Benchmarking Operational benchmarking - revenue growth and gross margin profiles (FY2022E-FY2023E) 51.4% '23E H HUB (FY2023E) 66.8% '23E H HUB 60.1% '26E H HUB 70.7% $26E H HUB 21.4% 20.3% paloalto FERTINET 74.6% 76.0% paloalto FORTINET Source: CaplQ and FactSet (market data as of March 15, 2022) 34.4% Total Revenue Growth _ CROWDSTRIKE 76.0% 33.7% CROWDSTRIKE CLOUDFLARE Innovation & Tech Gross Margin 77.3% 31.2% CLOUDFLARE 33.8% 79.0% zscaler okta SentinelOne RAPID zscaler 62.1% 74.9% 22,4% 67.4% 72.8% okta SentinelOne™ RAPID 20.6% H Peer Median: 26.8% HUB 81.6% 22.1% CYBERARKVARONIS Peer Median: 76.0% 87.2% CYBERARKVARONIS Page 17

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