HUB Security SPAC Presentation Deck

EBITDA Expansion Through Operating Leverage (US$ in millions) 9.4% $10.9 2022E EBITDA & EBITDA Margin (¹) 11.8% $20.6 2023E 17.0% $45.0 2024E 21.5% $95.6 2025E (1) EBITDA and EBITDA Margin are non-IFRS measures. See "Disclaimer." 24.7% $175.7 2026E Total Operating Expenses $29.3 25.4% 9.0% 10.6% 5.8% Operating Expenses as % of Revenue 2022E $60.3 34.5% 11.0% 14.6% 8.9% 2023E $99.7 37.7% 11.3% 16.2% 10.3% 2024E R&D S&M G&A $181.4 40.8% 12.1% 17.3% 11.3% 2025E H HUB ******** $306.61 43.1% 13.5% 17.4% 12.2% 2026E Page 15

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