Boxed SPAC Presentation Deck

4. Proprietary end-to-end e-commerce platform Delivering Outsized Order Values $100 ✓ UX built for simplicity & discoverability ✓ Curated product selection ✓ Fast & convenient ✓ Subscription optionality ✓ Seamless checkout BOXED Source: Third-party consulting firm research, 1010 Data (The State of Grocery 2018) Note: Figures from June 2018 1010 Data report and per third-party consulting firm research; Boxed figures reflect 2020 data $85 Bulk Wholesale $60 Pure-Play Online AVERAGE $45 Traditional Grocery 24

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