Forbes SPAC Presentation Deck

Disclaimer Forbes Participants in the Solicitation Magnum Opus and its directors and executive officers may be deemed participants in the solicitation of proxies from Magnum Opus's shareholders with respect to the proposed Business Combination. A list of the names of those directors and executive officers and a description of their interests in Magnum Opus is contained in Magnum Opus's final prospectus related to its initial public offering dated March 23, 2021, which was filed with the SEC and is available free of charge at the SEC's web site at www.sec.gov, or by directing a request to: Magnum Opus Acquisition Limited, Unit 1009, ICBC Tower, Three Garden Road, Central, Hong Kong. Additional information regarding the interests of such participants is contained in the preliminary proxy statement filed with the SEC and, when available, will be included in the definitive proxy statement for the proposed Business Combination. The Company and its directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of Magnum Opus in connection with the proposed Business Combination. A list of the names of such directors and executive officers and information regarding their interests in the proposed Business Combination is included in the preliminary proxy statement filed with the SEC and, when available, will be included in the definitive proxy statement for the proposed Business Combination. Certain Risks Applicable to the Company The Company is subject to a broad spectrum of risks and uncertainties that may lead to actual events, results or performance to differ materially from what is represented in this Presentation. Key risk factors include: The Company's brand and reputation are its key assets, and negative perceptions or publicity could adversely affect its business, financial condition and results of operations. Negative media coverage may affect the Company's brand loyalty and adversely impact its ability to generate revenue. The Company faces significant competition in all aspects of our business. The Company may not be able to successfully implement its anticipated growth strategies. The Company may require additional capital to support its operations or the growth of its business, and the Company cannot be certain that this capital will be available on reasonable terms when required, or at all. The Company's management has limited experience in operating a public company. In pursuing selective acquisitions, the Company may incur various costs and liabilities and may never realize the anticipated benefits of the acquisitions. Political and economic conditions in a variety of markets around the world could have an adverse effect on the Company's business, financial condition or results of operations. If the Company fails to expand effectively into new markets, its revenue and business will be adversely affected. The COVID-19 pandemic had and could continue to have an impact on the Company's business, its operations, and the markets and communities in which the Company, its partners, and its customers operate. The Company derives a significant portion of its revenue from advertising products and its relationships with advertising partners. The Company's advertising revenues are affected by external factors, including economic conditions, market dynamics and audience fragmentation. The digital advertising market is evolving, which can affect the Company's advertising revenues and require the Company to quickly adapt to digital advertising trends. The levels of the Company's website and digital content traffic and engagement with its brands and digital content are critical to its success. The Company derives a significant portion of its digital content and website traffic from third-party platforms. The Company's digital content and website traffic growth, engagement, and monetization depend upon effective operation within and compatibility with operating systems, networks, devices, web browsers and standards, including mobile operating systems, streaming tools, networks and standards that the Company does not control. Print circulation and advertisement revenues have declined in recent years and such revenues may continue to decline. The failure of licensees to adequately produce, market, import and sell products bearing the Company's trademarks in their license categories, continue their operations, renew their license agreements or pay their obligations under their license agreements could result in a decline in the results of operations of the Company's business. The actions of licensees using the Company's brand name may harm the its brand and reputation, and may result in increased costs to its business. The Company's events and conferences business is susceptible to numerous external risks that may cause its events to be cancelled or delayed, including changes in consumer preferences, poor weather, personal injuries or accidents, which may adversely affect sponsorship or attendance levels. A failure to continue to retain and grow the Company's subscriber base could adversely affect its results of operations and business. Security breaches and other network and information systems disruptions could affect the Company's ability to conduct its business effectively and damage its reputation The loss of key personnel, or failure to attract and retain other highly qualified personnel in the future, could harm the Company's business. The Company's intellectual property rights are valuable, and any inability to protect them could reduce the value of its content, services and brand. The Company may become party to intellectual property rights claims that are expensive and time consuming to defend, and, if resolved adversely, could have a significant impact on its business, financial condition or operating results. From time to time, the Company may be subject to legal proceedings, regulatory disputes, and governmental investigations that could cause the Company to incur significant expenses, divert management's attention, and materially harm the Company's business, financial condition, and operating results. The foregoing summarizes certain of the general risks related to the business of the Company, and such list is not exhaustive. The foregoing list has been prepared solely for purpose of assisting interested parties in making their own evaluation with respect to the proposed Business Combination and not for any other purpose. You should carefully consider these risks and uncertainties together with the other available information and should carry out your own diligence and consult with your own financial and legal advisors. A more expansive description of the key risk factors are contained under the heading "Risk Factors" in Magnum Opus's final prospectus filled with the SEC relating to its initial public offering and under the heading "Risk Factors in the preliminary proxy statement filed by Magnum Opus with the SEC. 5