Doma SPAC Presentation Deck

Incumbents distribute their antiquated offering in an undifferentiated way Legacy Incumbents with 80% market share FIRST AMERI First American stewart title Fidelity onal Title www Using the same Traditional Go-to-Market (1) Mortgage Bankers Association November 2020 Closed Order Forecast. Market size = loan volume x industry average title and escrow fees per loan. $ $ Relationship-based Selling Donut-led Marketing Static Pricing → $1,800 To capture A Massive Amount of Spend Direct or via Agents $23B Market $7B Refinance + $16B Purchase¹ 15

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