AvePoint SPAC Presentation Deck

20 Recurring Revenue as a percentage of overall revenue continues to increase ahead of initial projections. Initial Recurring Revenue Mix Projection for 2021E 81% YTD Recurring Revenue Mix 83% YTD SaaS Revenue YoY Growth 70% YTD Subscription YoY Revenue Growth 66% Financials TTM Revenue & Recurring Business $200 M $180 M $160 M $140 M $120 M $100 M $80 M $60 M $40 M $20 M $0 M 15% $107.3M 2018 65% SaaS Revenue as % of Total Revenue 34% 24% $116.1M 2019 71% Revenue 2020 75% Recurring Revenue as % of Total Revenue $151.5M ⒸAvePoint, Inc. All rights reserved. Confidential and proprietary information of AvePoint, Inc. 42% $184.2M TTM 82% A

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