Skillz Investor Day Presentation Deck

45 IMPROVING ENGAGEMENT MARKETING EFFICIENCY Key Driver is identifying low return programs Key Risks include uncertain impact on longer-term user behavior Key Upsides include eliminating programs that may have been displacing user deposits $ in millions $100 $75 $50 $25 $0 42% 42% 41% $3.3 $4.5 $5.9 42% $7.4 44% 43% 43% 43% $11.4 $11.9 $13.3 $14.9 39% 40% Engagement Marketing $17.1 $23.4 44% $26.6 48% $32.6 43% $36.0 50% Engagement Marketing as % of Rev $44.9 49% $50.0 52% Q1'18 Q2'18 Q3'18 Q4'18 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 $56.7 skillz

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