Porch SPAC Presentation Deck

Non-GAAP Reconciliation - Pro Forma Gross Profit Contribution Margin ($'s in millions) Revenue Cost of revenue Gross profit Variable compensation expense Variable marketing & advertising Variable other expense Pro forma contribution margin Copyright 2020 Porch.com. All rights reserved 2018PF Actual $36 $7 $29 $11 $15 $1 $3 2019PF Actual $57 $10 $47 $17 $18 $1 $11 2020E Forecast $73 $16 $57 $17 $13 $1 $26 2021E Forecast $120 $23 $97 $18 $20 $6 $53 Porch 46

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