Azerion SPAC Presentation Deck

Platform performance Consistent historical growth and profitability improvement Revenue Revenue from Improve Digital and SellBranch ■ Revenue excl. Improve Digital and SellBranch €127m Turnaround azerion 88 % growth % growth excl. Improve Digital and SellBranch³ 39 20181 2018-2020 CAGR: 24% €173m 70 103 2019 ² 36% 163% €195m 54 141 2020² 13% 38% Elimination of unprofitable clients Adjusted EBITDA % margin €8m 2018¹ 6% €15m 2019² 9% €26m 20202 14% Step-change in efficiency: Adjusted EBITDA margin ~500bps4 (1) Based on reported financials under Dutch GAAP. (2) Based on audited IFRS figures. (3) Improve Digital has undergone restructuring post-acquisition in 2018. (4) Achieved between 2019 and 2020. 40

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