Berkshire Grey SPAC Presentation Deck

Anchor Customer Overview Significant penetration potential Targeted commercial strategy across verticals Conversion of large opportunity into revenue BG BERKSHIRE GREY ■ ■ Walmart $11bn 2021E CapEx (1) (2) 3,979 Distribution centers(1) $3bn 2021E CapEx BG Immediate commercial opportunity BG High-level executive access Source: Company management, public filings and FactSet. Includes US supercenters. Includes stores. TARGET. 1,910 Distribution centers(2) FedEx® $6bn 2021E CapEx BG ▪ Significant penetration potential, with $1.3bn+ 5-year pipeline Multiple upside opportunities exist in the long-run ▪ Aggregate revenue represents only a small percentage of current anchor customer CapEx ▪ Mix shift to recurring and re-occurring revenue as Berkshire Grey scales Significant opportunity to monetize large and growing installed base 605 Distribution centers $1bn 2021E CapEx TJX® Penetration and cross-sell within same customer BG Desire to roll-out automation globally 29 Distribution centers 21

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