Evolv SPAC Presentation Deck

Compelling Value Proposition for the Customer We estimate up to 70% lower cost to run the security operation than existing solutions, increasing security and improving customer experience Evolv Solution 10 Machines 60 Guards Cost per Scan = $0.11 evolv technology FOOTPRINT: 11 FEET wide MANPOWER: (6) Legacy Solution (22) 86 Machines 215 Guards -49.5 FEET wide (GUARDS + TABLES + WTMDs) Cost per Scan = $0.38 Note: Graphic, total cost reduction, and cost per scan methodology displayed above is representative of a professional sports scenario, per management estimates. Superior Customer ROI: $0.38 Cost per scan Legacy Solution $0.11 Cost per scan Evolv Solution Professional Sports Team expects to save over $600,000 per year with Evolv Express® compared to walk through metal detectors and manual bag checks. 18

View entire presentation