Reservoir Investor Presentation Deck slide image

Reservoir Investor Presentation Deck

Compelling Investment Highlights Leading Independent Music Company With Proven Platform $650m+ of invested capital since inception¹ $140m+ of that in futures spend with enhanced risk/return profile vs. traditional recorded music ● Proven M&A Platform Strong track record, trusted partner to artist community and caretaker of legacy assets ● ● • Deal pipeline includes 220+ potential targets worth over $2.1B as of 6-30-22 1 As of 06-30-22 2 Wall Street Research 3 Based on 80% of LTM as of 06-30-22 Net Publisher Share (NPS) and Net Label Share (NLS); Competitive Advantages & Value Enhancement Capabilities ● Value enhancement efforts lead to industry outgrowth Experienced creative team with stellar reputation among artists and key players in the music industry Evergreen Catalog & Contemporary Hits DATWAY ㅇ • 140K+ copyrights and 36K+ masters • 130+ active songwriters and frontline artists ● • 89% of publishing & 100% of recording gross profit is Life of Copyright³ Growing Industry, Supported By Powerful Secular Tailwinds Supported by rise of digital, streaming, emerging markets, and expansion of emerging music monetization platforms Music industry projected to grow over 7% per year through 2030² Strong Growth & Operating Leverage Model ● 1017 ● Expected to outgrow music industry fundamentals, with projected FY2022-2025 CAGR of 12% on revenue Significant operating leverage opportunity as scale 5 R
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