Inspirato Financial Projections and Business Highlights slide image

Inspirato Financial Projections and Business Highlights

INSPIRATO 3. Unit Economics Powerful leverage for driving sustainable, long-term profitability Strong unit economics drive profitable growth Pass Annual Subscription Cost¹: Club Annual Subscription Cost¹: 2021 Customer Acquisition Cost²: 2017-2019 Avg. Club Customer Retention: 2020 Club Customer Retention: 2021 Projected LTV / 2021 CAC²: Source: Company financial model Notes: 1. Excludes enrollment fee 2. $30,000 $7,200 • ~$5,350 • ~83% ~78% . 4.0x+ Inspirato's data-driven approach to marketing spend and conversion funnel enables superior sales efficiency Club customer retention history serves as strong proof points for projected Pass performance Loyal subscriber base enables LTV expansion through upgrade to Pass or Family / Premium Sharing Add-On Path to increasing subscriber LTV as scale enables margin expansion Lifetime Value ("LTV") is calculated as total subscription and usage-based revenue (including enrollment fees) for a subscriber's expected time as a subscriber and adjusted for assumed margin based on management estimates. LTV includes revenue from upgrades (i.e., Club to Pass upgrades and Dues Only adding Pass). For purposes of calculating total LTV, Inspirato calculates LTV for each subscription type and calculates a weighted average by estimated mix of new subscriber types. Customer Acquisition Cost ("CAC") is calculated as total customer acquisition spend divided by customers acquired for a given period CONFIDENTIAL 27
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