Cazoo Investor Presentation Deck

Disclaimer This presentation [this "Presentation"] is provided for informational purposes only and has been prepared to assist interested parties in making their own evaluation with respect to a potential investment in Cazoo Group Ltd ["Cazoo"] and for no other purpose. By accepting this Presentation, the recipient acknowledges and agrees that all of the information contained herein is confidential, that the recipient will use such information only for the purpose of evaluating a potential investment in Cazoo, and that the recipient shall not distribute, disclose or use such information in any way detrimental to Cazoo. This Presentation is being distributed solely for the consideration of sophisticated potential investors who are institutional accredited investors with sufficient knowledge and experience in investment, financial and business matters and the capability to conduct their own due diligence investigation and evaluation in connection with a potential transaction. No representations or warranties, express or implied are given in, or respect of, this Presentation. To the fullest extent permitted by law, in no circumstances will Cazoo or any of its subsidiaries, shareholders, affiliates, representatives, partners, directors, officers, employees, advisers or agents be responsible or liable for any direct, indirect or consequential loss or loss of profit arising from use of this Presentation, its contents, its omissions, reliance on the information contained within it, or on opinions communicated in relation thereto or otherwise arising in connection therewith. This Presentation does not purport to be all-inclusive or to contain all of the information that may be required to make a full analysis of Cazoo. You should not construe the contents of this Presentation as legal, tax, accounting or investment advice or a recommendation. You should consult your own counsel and tax and financial advisors as to legal and related matters concerning the matters described herein, and, by accepting this Presentation, you confirm that you are not relying upon the information contained herein to make any decision. Forward-Looking Statements The statements contained or referred to in this Presentation may include "forward-looking statements" within the meaning of the "safe harbour" provisions of the Private Securities Litigation Reform Act of 1995. The expectations, estimates, and projections of the business of Cazoo may differ from actual results and, consequently, you should not rely on forward-looking statements as predictions of future events. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this Presentation, including but not limited to: [1] realizing the benefits expected from the business combination with Ajax I [the "Business Combination"); [2] achieving the expected revenue growth and effectively managing growth; [3] executing Cazoo's expansion strategy in Europe; [4] acquiring and integrating other companies; [5] achieving and maintaining profitability in the future; [6] having access to suitable and sufficient vehicle inve resale to customers and for Cazoo's subscription offering and reconditioning and selling nventory expeditiously and efficiently; [7] expanding Cazoo's subscription offering: [8] increasing Cazoo's service offerings and price optimization; [9] effectively promoting Cazoo's brand and increasing brand awareness; [10] expanding Cazoo's product offerings and introducing additional products and services; [11] enhancing future operating and financial results; [12] acquiring and protecting intellectual property: [13] attracting, training and retaining key personnel; [14] complying with laws and regulations applicable to Cazoo's business; [15] successfully deploying the proceeds from the Business Combination; and [16] other risks and uncertainties set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in the registration statement on Form F-1 and the prospectus included therein filed by Cazoo Group Ltd. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the disclosure included in other documents filed by Cazoo from time to time with the Securities and Exchange Commission [the "SEC"). These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Cazoo assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Cazoo gives no assurance that it will achieve its expectations. Industry and Market Data This Presentation includes market data and other statistical information from sources believed by Cazoo to be reliable, including independent industry publications, governmental publications or other published independent sources. Some data is also based on the good faith estimates of Cazoo, which in each case are derived from its review of internal sources as well as the independent sources described above. Although Cazoo believes these sources are reliable, Cazoo has not independently verified the information and cannot guarantee its accuracy and completeness. Financial Information; Non-IFRS Financial Measures Certain of the financial information and data contained in this Presentation has not been prepared in accordance with International Financial Reporting Standards as adopted by the International Accounting Standards Board. You should review Cazoo's audited financial statements, which are included in the company's filings with the SEC. No Offer or Solicitation This Presentation does not constitute an offer to sell, or the solicitation of an offer to buy, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction, or pursuant to an available exemption from registration or qualification. Use of Guidance and Projections Any financial information in this Presentation (including specifically guidance and projections] that are forward-looking statements are based on assumptions that are inherently subject to significant uncertainties and contingencies, many of which are beyond Cazoo's control. While such information, guidance and projections are necessarily speculative, Cazoo believes that the preparation of prospective financial information involves increasingly higher levels of uncertainty the further out the projection extends from the date of preparation. The assumptions and estimates underlying the projected results are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the projections. All subsequent written and oral forward-looking statements concerning Cazoo or other matters and attributable to Cazoo or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements. Trademarks This Presentation contains trademarks, service marks, trade names and copyrights of Cazoo and of other companies, which are the property of their respective owners. CAZOO Investor Presentation 2