Investor Presentaiton

14.0% 12.0% 10.0% 8.0% 6.0% 4.0% 2.0% 0.0% Sep-21 6 Slowing Spend: High-Frequency Credit Card Data The Bureau of Economic Analysis's high-frequency credit card data, which tracks spend levels relative to their pre-pandemic baseline, has shown a meaningful deceleration over the last two months Total Retail & Food Service Spend vs Pre-Pandemic Trend | BEA High Frequency Credit Card Data: 18.0% 16.0% Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Source: Bureau of Economic Analysis (Near Real Time Spending Study) Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 m Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 20 20 4.1%

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