Freightos SPAC Presentation Deck

Glossary of non-GAAP Terms Platform Volume KPIs #Transactions #Buyer users #Carriers Platform Financial KPIs $Gross Booking Value (GBV) $Gross Revenue $Platform revenue %Take Rate General financial $EBITDA $Free cash flow $SaaS Revenue FREIGHTOS Description Transactional bookings for freight and related services placed by Buyers across Freightos Platforms (WebCargo, Freightos.com, Clearlt) with third party sellers or with Clearit ("Sellers"), minus canceled transactions. Number of unique people (counted by unique login email) at Buyers who have placed booking Transactions. Number of unique carriers who have been the Sellers of Transactions. For airlines we count booking carrier based on airway bill prefix. Number of operating airlines is higher. Includes LCL consolidators as carriers. Description Total value of Transactions, i.e. monetary value of freight and related services contracted between Buyers and Sellers on the Platform, plus related fees charged to Buyers and Seller, and pass through payments such as duties. Converted to US$ at time of transaction. Similar to what others call GMV or GSV. This is the key Freightos Platform KPI, indicating the scale of our Platform and the opportunities we have to generate Platform revenue. Total income invoiced and collected by Freightos companies, including both Net Revenue that is paid to Freightos companies and amounts invoiced on behalf of, and passed through to third-party Sellers. Includes all GBV where the payment is handled by Freightos. In most cases the Gross Revenue is associated with some fees to Freightos which appear under Net Platform Revenue. Note that some marketplaces recognize all gross revenue as Net (GAAP) revenue. Freightos excludes pass-through revenue from Net Revenue, but Freightos management uses the Gross Revenue KPI to compare results to other marketplaces. The portion of GAAP Revenues that is attributed to Platform Transactions Net Platform Revenue divided by GBV; that is the proportion of the gross booking value which is paid as fees to Freightos by Buyers and Sellers in connection with transactions. Some marketplaces also call this Rake. Description Earnings Before Interest, Taxes, Depreciation, and Amortization Cash the company generates after accounting for cash outflows Non-Platform revenue including software-as-a-service (SaaS) subscriptions (mostly from forwarders), data subscriptions, and associated revenue including non-recurring engineering, data services, and configuration. 39

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