Dave SPAC Presentation Deck

Marketing Investment Anticipated to Generate Significant Revenue & Profit 2022E Cohort Cumulative Cohort Revenue Marketing Expense Dave ~6 mos breakeven $124M Y1 Y2 Y3 ~$640M In projected cumulative revenue in four years ~5x Y4 Source: Dave Management projections. ¹ Gross profit is net of COGS which includes processor fees, bad debt expense net of recoveries, network fees, partner bank costs, debit funding fees, and charitable contributions. Marketing investment recovered in ~9 months on a gross profit basis 1 Conservative forecast compared to observable historical data Excludes potential benefits from future product releases Flexibility to invest more marketing dollars with attractive returns over time 28

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