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Nerdy SPAC Presentation Deck

LTV¹ Expansion Accelerating Q1 2 Net LTV Net LTV 2020 2020 +13%² Elapsed Quarters Q3 2019 +38%² 2019 Net LTV Net LTV 2020 2020 Q2 Elapsed Quarters Q4 +24%² 2019 2019 +28%² LTV expansion driven by multi-format engagement and higher consumption Recent cohorts' initial LTV significantly higher than historical periods 2H 2020 Cohorts surpassed in one quarter the LTV of the same 2019 cohorts after five quarters Q3 2020 and Q4 2020 demonstrate expansion durability Elapsed Quarters Elapsed Quarters 1. Total Net Sales Lifetime Value ("LTV") defined as new one-on-one customer cohort actual spend for historical months, multiplied by average net sales gross margin rate. Net sales is a non-GAAP measure representing client purchases inclusive of payments due within 30 days minus refunds recorded during the period, a close proxy for cash receipts from customers. Percentage change represents most mature quarter LTV of the 2020 cohort as compared to the same quarter of the 2019 cohort. 36 TPG nerdy PACE TECH OPPORTUNITIES Ⓒ Nerdy / TPG Pace Tech Opportunities Corp. 2021
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