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Better SPAC Presentation Deck

Tinman automates tasks to streamline the customer journey ● Tinman breaks down specialized, human-generated tasks into simple, machine-driven tasks to improve labor liquidity and lower overall labor costs Average funded loan now features >400 fully automated activities - as more processes are automated, each loan requires fewer labor hours to complete Note: 1. Total transactions equals the sum of human generated, machine generated, and automated tasks. 2. Human generated tasks are manually created and manually assigned 3. Machine generated tasks are machine created and manually assigned 4. Automated = Automatically created and automatically processed tasks. Certain automated activities require minimal manual review by regulatory law; we consider these tasks automated. 5. Better internal estimate based on industry research 6. Hours represent time spent in Tinman by Better Employees Better Increasing Task Automation Human-generated tasks² Decreasing Labor Hours Per Loan Q4 2020 Rate Term Refinance Loans 1,200 1,000 800 600 400 200 >350% increase in total tasks¹ 0 92 2016 Q4 '20 Average: 29 hours 66 12 14 20 Machine-generated human fulfilled tasks³ Q1 '19 Average: 38 hours 425 40 2020 391 28 6 60 Hours Per Loan Automated tasks4 Industry Average5: 70-100+ 80 Q4'20 100 25 20 15 10 5 Q1'19 Q1 2019 Rate Term Refinance Loans 20
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