Reservoir Investor Presentation Deck slide image

Reservoir Investor Presentation Deck

Compelling Investment Highlights Leading Independent Music Company With Proven Platform • $901M of invested capital since inception ¹ ● $742M of that amount in acquisitions of catalogs and companies • $159M of that amount in futures spend with enhanced risk/return profile vs. traditional catalog music Proven M&A Platform ● • Strong track record, trusted partner to artist community and caretaker of legacy assets • Deal pipeline includes 250+ potential targets worth over $2.0B+ as of 06-30-23 1 As of 06-30-23 2 Wall Street Research 3 Based on 80% of LTM as of 03/31/23 Net Publisher Share (NPS) and Net Label Share (NLS) Competitive Advantages & Value Enhancement Capabilities ● ● Value enhancement efforts lead to industry outgrowth Experienced creative team with stellar reputation among artists and key players in the music industry Evergreen Catalog & Contemporary Hits • 150K+ copyrights and 36K+ masters • 130+ active songwriters and frontline artists • 90% of publishing & 100% of recording gross profit is Life of Copyright³ Growing Industry, Supported By Powerful Secular Tailwinds ● Supported by rise of digital, streaming, emerging markets, and expansion of emerging music monetization platforms Music industry projected to grow over 7% per year through 2030² Strong Growth & Operating Leverage Model • Expected to outgrow music industry fundamentals • Significant operating leverage opportunity as company scales 5 R
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