PropertyGuru SPAC Presentation Deck

Glossary 54 ARPA Average listing price/day Bridgetown 2 Sponsor Bridgetown Public Shareholders Depth Product Adjusted EBITDA FinTech Full year impact for REA Assets Listing Listing proceeds investments PIPE REA REA Assets SBP Terms SPAC TAM ■ ■ I ■ ■ ■ I ■ ■ ■ ■ ■ ■ H Definitions · ARPA is defined as agent revenue divided by number of agent customers Average listing price / day was calculated with Agent Discretionary revenues divided by number of paid listings and the average listing duration Refers to Bridgetown 2 LLC Ordinary shareholders who have subscribed to Class A shares issued by Bridgetown 2 Holdings Depth Products are optional features and add-ons that Agents can purchase, from within or on top of their subscription packages, to enhance visibility and performance Examples include Boost and Repost Boost is a depth product that allows agents to increase the exposure of their listing. Boosted listings will be ranked above regular listings in all relevant searches and are displayed after Featured Agent Listings. Agent profile photos will be displayed alongside their Boosted listings in searches, and the listing details pages will be ads-free, reserving property seekers' full attention to the property being marketed Repost allows an agent to refresh the listing post date, and enable their listing to rank high on search results within the listing tier (Regular, Boost, Featured) Refers to the contemplated acquisition of shares in certain REA entities which would add to PropertyGuru's current Malaysia and Thailand businesses The transaction is expected to close sometime end July 2021 - mid August 2021, subject to customary closing conditions including REA's divestment of its 27% interest in 99 Group, operator of 99.co, iProperty.com.sg and rumah123.com. PropertyGuru understands from REA that it is on track to close ■ Refer to slide 10 for further details Share-based Payments (for employee compensations) Refers to Bridgetown 2 Holdings Limited Total Addressable Market; Core TAM refers to "Agent & Developer Marketing", Adjacent TAM refers to "FinTech", "Data Services", "Developer OS", and "Home Services" Adjusted EBITDA excludes SBP, costs of REA acquisition & integration, one-off & ongoing costs of listing, as well as impact from Listing proceeds investments. Refer to slide 44 for CY19A & CY20A reconciliation to net loss PropertyGuru's existing mortgage brokerage business PropertyGuru is also looking to enter into valuation & data consultancy services for valuers, banks, developers and governments as laid out in the estimated TAM Assumed CY21F full year impact of US$12.4m from REA Assets to be acquired As part of the Transaction, PropertyGuru seeks to merge with Bridgetown 2 Holdings Ltd (listed on NASDAQ) and as a result will become a listed company post-transaction Investments made with proceeds obtained from the Listing process including PIPE proceeds Private Investment in Public Equity; PropertyGuru targets to raise US$100m of estimated PIPE as part of this Transaction REA Group (listed on ASX), a wholly owned subsidiary of which would become one of the new major shareholders of PropertyGuru, post their sale of the REA Assets for an equity stake in PropertyGuru (as announced)

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