Boxed SPAC Presentation Deck

Big Baskets of Everyday Essentials Customer # of Items / Order(a) Average Order Value(a) % of FY'19 Core GMV(b) FORCEFLEX Boxed B2C BOXED HAF 12-20 Households in communities typically away from Costco 8 items $96 76% (91% in FY'20) Boxed B2B UNITED Corporations & SMBs 15 items $198 24% (9% in FY'20) (a) Statistics reflect 2020 metrics for B2C business and 2019 metrics for B2B business (b) Core GMV defined as total basket value of goods sold on platform gross of any promotions, discounts, credits, or rewards used; inclusive of service fees and taxes; core GMV excludes "Other GMV* 12

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