Presto SPAC Presentation Deck

Presto is Priced with Significant Upside Potential Transaction Value ($ in millions) $817 Pro Forma EV -32% Discount to 2022E peer average $1,289 Peer Valuation $864 2022E Revenue at 15.7x to 23.4x Multiple ~98% Discount to 2023E peer average $1,935 $1,291 2023E Revenue at 11.4x to 17.1x Multiple Source: Presto, Company filings, Renaissance Capital, Capital IQ as of 11/5/2021. Note: This slide contains projected financial information with respect to Presto. Such projected financial information constitutes forward-looking information and is for illustrative purposes only and should not be relied upon as necessarily being indicative of future results. Confidential Do Not Distribute Summary of Approach Peer valuation applies range of multiples to Presto's 2022E and 2023E management forecasted revenue to arrive at an implied enterprise value The applied range was determined using the peer median EV / Revenue multiples of the Enterprise Food Tech and High-Growth Software Presto's valuation represents a relatively attractive discounted entry point for investors compared to comparable, high- growth peers presto 37

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