Bakkt Results Presentation Deck

NOTES Definitions Financial Combined: Represents the combination of Predecessor and Successor for the applicable period. This is a non-GAAP figure Predecessor: Represents the results of Bakkt Holdings, LLC prior to 10/15/21 Successor Represents the results of Bakkt Holdings, Inc. from 10/15/21 - 12/31/21 bakkt Operational Digital asset conversion volume: Dollar value of transaction volume across loyalty redemption, crypto buy/sell and gift card purchases Return engagement: After 3 days of initial download and inactivity, the percentage of users who re-launch the app Transacting accounts: Unique accounts that perform transactions on the Bakkt platform each month 24

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