Forge SPAC Presentation Deck

Non-GAAP Adjusted EBITDA Reconciliation ($ in 000's) Non-GAAP Adjusted EBITDA Reconciliation Operating Income (+) Depreciation & Amortization (3) EBITDA (+) Stock Based Compensation (+) Acquisition Costs Adjusted EBITDA Actuals (1) 2019A ($14,646) 445 ($14,201) 7,253 404 ($6,544) 2020A 2021P Projected 2022P ($7,617) ($29,525) ($26,789) 9,994 2,406 5,601 ($5,211) ($23,924) ($16,796) 28,272 4,704 3,289 14,354 13,407 $2,782 $3,837 $11,477 1) Actuals represent unaudited financials and are presented on a GAAP basis 2) For illustrative purposes, the 2023P column shows numbers based on the midpoint of the projected 20-26% revenue less transaction-based expenses growth range 3) Projected financials assume capitalization of internally developed software starting in 2022 2023P(2) ($24,699) 12,086 ($12,613) 31,613 i $18,999 Actuals (1) Q1 21 $2,225 1,396 $3,621 1,259 (3) $4,877 Forge 51

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