FiscalNote SPAC Presentation Deck

45 82% 71% 69% 1 Fiscal Note ● DISCO legalzoom Operational Benchmarking (Cont'd) 2022E Gross Margin Note: FactSet. Capital IQ, Market data as of for the period indicated. 68% intapp 83% MSCI 81% CoStar Group 88% Z zoominfo 49% 81% 74% 73% 83% 52% 62% tyler Palantir Veeva Avalara PROCORE G GUIDEWIRE ilincino. technologies 59% mber 3, 2021. (1) FiscalNote margin refers to 2022PF gross margin, which refl revenue less cost of revenue divided by revenue expressed as a percentage Median: 70% Mean: 70% Duck Creek Technologies 57% Alkami FiscalNote

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