Clover Health SPAC Presentation Deck

Clover Has Strong Unit Economics With Upwards Trajectory, While Providing Members With A High Value Offering -($250) Year 1 Yearly LTV Contribution ~$5,100 Years 2-6 *$4,850 Cumulative LTV LTV/CAC of 4.5x, underpinned by... Stable, recurring revenue Strong retention leading to multi-year member lifetime Margin enhancement over time Upside in future cohort LTV/CAC Note: LTVICAC calculation based on 01 MCR results and 1H Member Variable Operating Expenses. Year 1 assumes new member margins: year 2+ assumes retuming member margins: CAC = -$1,050. 31

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