Clover Health SPAC Presentation Deck

Clover Is The Fastest Growing Medicare Advantage Plan In The US(¹) Key Metrics (2) 57K Members 34 Counties 4.5x LTV/CAC(3) Gross Premium Revenue IS in mm) $354 2018 CAGR: 37% $457 2019 Source: CMS (1) Clover was the fastest growing MA plan with at Least 50,000 members over the Last 3 AEP/OEP periods. (21 As of June 30, 2020. $664 2020E 30% 25% 20% 15% 10% 5% Market Share (established markets(4)) 2016 2017 25% 2018 2019 Jun-20 (31 LTVICAC calculation based on 01 2020 MCR results and 1H 2020 member variable OpEx Year 1 assumes new member margins; year 2+ assumes returning member margins; CAC-$1,050. (4) Markets where Clover has over 500 members prior to AEP results. Represents 13 of our 34 counties. 8

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