Brivo SPAC Presentation Deck

Gross Profit Margin Obrivo. Scale and operating leverage drive margins 60% ● 72% 2020A Subscriptions 64% Total 79% 2025E Adjusted EBITDA(¹) Margin (1) Adjusted EBITDA is a non-GAAP measure. Please refer to "Disclaimer" on Slides 2 and 3 including sections on Forward-Looking Statements, Preliminary Financial Information and Non-GAAP Financial Measures. 15% 2020A ● • Expansion of subscriptions gross profit margin Build-out of commercial organization, geographic expansion and ARR expansion within existing end user base • Operating leverage and economies of scale Continued investments in innovation and R&D 22% 2025E 34

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