P3 Health Partners SPAC Presentation Deck

Right Space Revenue ($000s) Select Provider Cohort Analysis Medical expense ($000) Patients Cont. margin ($000s) % cont. margin Right Team MCR (%) $90 ($142) 2018 27 ($52) (58.0%) Right Model 158.0% Provider Cohort A $3,823 ($3,430) 2019 538 $394 10.3% 89.7% $5,757 ($3,963) 1H'2020 1,416 $1,794 31.2% 68.8% ➤ Proven care model with aligned physician incentives drives improved outcomes and reduced medical costs ➤ Represents a selection of engaged physicians across multiple markets Improved medical cost management drove a contribution margin increase from (58%) in 2018 to 31% in 1H20 31 P3

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