BuzzFeed SPAC Presentation Deck

BuzzFeed Our Scaled Model has Powered Network Effects Creating Competitive Barriers and Driving Growth Leading Audience and Brands 3 out of 4 (1) U.S. Millennials & almost half of U.S. Gen Z read BuzzFeed each month (3) (4) 4.0B(²) Average minutes watched monthly in 2020 Data-Driven Tech Platform INVEST CONTENT BuzzFeed AUDIENCE DATA Scaled Cross- Platform Distribution Owned & Operated BuzzFeed BuzzFeed News TASTY IHUFFPOST COMPLEX NETWORKS. Social Media Platforms f Instagram You Tube Tik Tok (1) Nielsen Digital Content Ratings, Monthly Data, Oct 2020. (2) APIs and Tubular Intelligence, Oct 2020. Deal signed in March 2021 and expected to close in connection with the proposed transaction. See slides 28 and 29, which show the actual revenue mix for 2019 and 2020 as well as the forecasted revenue mix for 2021-2024. (3) Diversified Revenue Model (4) Commerce Content $ Advertising Growth & Profitability $654M '22E Revenue 25% '20A-'22E Revenue CAGR $117M '22E Adj. EBITDA 18% '22E Adj. EBITDA Margin STRICTLY PRIVATE AND CONFIDENTIAL 26

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