Bakkt Results Presentation Deck

KEY HIGHLIGHTS / TRUSTED AND RELIABLE PARTNER Our safe and reliable platform makes us a trusted partner The Bakkt platform was designed to mitigate risk, making us a trusted and reliable partner We separate crypto custody and crypto exchange functions to provide additional protections and minimize potential conflicts of interest Bakkt's custody entity maintains a separate independent board, solely focused on the safe and effective operation of our crypto custody operations as a separate, regulated entity o Crypto held is solely regarded as the consumer's property Crypto is held on behalf of our customers - never used for lending, pledging, or any other similar purposes bakkt BAKKT HOLDINGS, INC. BAKKT MARKETPLACE, LLC Consumer-facing crypto exchange How we're licensed: o Holds a virtual currency business activity license ("BitLicense") from NYDFS o Holds money transmitter licenses throughout the U.S. where required BAKKT TRUST COMPANY LLC Qualified custodian of bitcoin and ether Features of our institutional-grade custody platform: o Licensed by NYDFS, as a limited- purpose trust company and qualified custodian o Leverages both warm and cold digital asset storage with rebalancing to minimize risks o Warm and cold wallets covered by insurance policies

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