Intermedia IPO Presentation Deck

Safe Harbor This presentation and information contained herein constitutes confidential information and is provided to you on the condition that you will hold it in strict confidence and not reproduce, disclose, forward or distribute it to any third party in whole or in part without the prior written consent of Intermedia Cloud Communications, Inc. (collectively with its subsidiaries, "Intermedia" or the "Company"). The information contained in this presentation is for informational purposes only. The information contained in this presentation is not investment or financial product advice and is not intended to be used as the basis for making an investment decision. Neither the Company or any of its affiliates, nor Morgan Stanley Co. LLC, J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC, Evercore Group L.L.C., Jefferies LLC, William Blair & Company, L.L.C., KeyBanc Capital Markets Inc., TD Securities (USA) LLC, Stephens Inc., or Loop Capital Markets, LLC., make any representation or warranty, express or implied as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of any of the information or opinions contained in this presentation. This presentation has been prepared without taking into account the investment objectives, financial situation particular needs of any particular person. The trademarks included herein are the property of the owners thereof and are used for reference purposes only. Such use should not be construed as an endorsement of the platform and solutions of Intermedia. No Offer This presentation regarding Intermedia shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Sales and offers to sell Intermedia securities will only be made in accordance with the Securities Act of 1933, as amended, and applicable SEC regulations, including prospectus regulations. We have filed a registration statement on Form 5-1 (File No. 333-253626), as amended, with the SEC for the offering to which this presentation relates, but the registration statement has not yet become effective. Before you invest, you should read the prospectus in the registration statement for the transaction to which this communication relates and other documents Intermedia files with the SEC for more complete information about Intermedia and the proposed offering. When available, you may obtain copies of these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, copies of the prospectus may be obtained from Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; and J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 1-866-803-9204, or by email at [email protected]. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This presentation shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Forward-Looking statements: This presentation contains forward-looking statements that reflect the Company's current expectations and projections with respect to, among other things, its financial condition, results of operations, plans, objectives, future performance and business. These statements may be preceded by, followed by or include the words "anticipate," "estimate," "expect." "project," "plan," "intend," "believe," "should", "can have," "likely" and the negatives thereof and other words and terms of similar meaning. Forward-looking statements include all statements that are not historical facts. Forward-looking statements are based on information available at the time those statements are made and/or management's good faith beliefs and assumptions as of that time with respect to future events. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. There is no assurance that any forward-looking statements will materialize. You are cautioned not to place undue reliance on forward-looking statements, which reflect expectations only as of this date. Neither Intermedia nor Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC, Evercore Group LLC., Jefferies LLC, William Blair & Company, L.L.C., KeyBanc Capital Markets Inc., TD Securities (USA) LLC, Stephens Inc., Loop Capital Markets, LLC., undertakes any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. Market and Industry Data This presentation includes information concerning economic conditions, the Company's industry, the Company's markets and the Company's competitive position that is based on a variety of sources, including information from independent industry analysts and publications, as well as Intermedia's own estimates and research. Intermedia's estimates are derived from publicly available information released by third party sources, as well as data from its internal research, and are based on such data and the Company's knowledge of its industry, which the Company believes to be reasonable. Except for the McKinsey & Company, Intermedia Go To Market Strategy Study, March 2019, the independent industry publications used in this presentation were not prepared on the Company's behalf. This information involves many assumptions and limitations, and you are cautioned not to give undue weight to these estimates. The Company has not independently verified the accuracy or completeness of the data contained in these industry publications and other publicly available information. Accordingly, we make no representations as to the accuracy or completeness of that data nor do we undertake to update such data after the date of this presentation. Non-GAAP Financial Measures This presentation contains the financial measure Adjusted EBITDA, Non-GAAP Sales and Marketing Margin, Non-GAAP Research and Development Margin, Non-GAAP General and Administrative Margin, and Non-GAAP Gross Profit Margin, which are not recognized under generally accepted accounting principles in the United States ("GAAP"). The Company believes that non-GAAP financial information, when taken collectively, may be helpful to investors because it provides consistency and comparability with past financial performance and assists in comparisons with other companies, some of which use similar non-GAAP financial information to supplement their GAAP results. The non-GAAP financial information is presented for supplemental informational purposes only, and should not be considered a substitute for financial information presented in accordance with GAAP, and may be different from similarly-titled non- GAAP measures used by other companies. Adjusted EBITDA, Non-GAAP Sales and Marketing Margin, Non-GAAP Research and Development Margin, Non-GAAP General and Administrative Margin, and Non-GAAP Gross Profit Margin have limitations as analytical tools, and you should not consider these measures either in isolation or as a substitute for other methods of analyzing the results as reported under GAAP. INTERMEDIAⓇ CONFIDENTIAL 2