Markforged SPAC Presentation Deck slide image

Markforged SPAC Presentation Deck

Detailed Transaction Overview Values in Millions Except per Share and Percentage Data 44 Sources & Uses Existing Shareholders Rollover Equity¹ SPAC Cash in Trust² PIPE Financing Current Net Cash Total Sources Existing Shareholders Equity¹ Cash to Balance Sheet Transaction Expenses Cash to Sellers Total Uses Sources Note: (1) (2) (3) (4) (5) Us es $1,611 $215 $210 $54 $2,089 $1,611 $399 $35 $45 $2,089 Pro Forma Valuation & Ownership 12345 Pro Forma Valuation Share Price Shares Outstanding Pro Forma Equity Value (-) Pro Forma Net Cash Pro Forma Enterprise Value Pro Forma Ownership PIPE Investors 10% SPAC Sponsor 1% SPAC IPO Investors 10% Transaction close anticipated in Summer 2021 Excludes impact of the exercise of Sponsor or IPO warrants which both have a strike price of $11.50. Percentages may not sum to 100% given rounding. Excludes shares reserved for issuance under management equity incentive plan. Assumes $10.00 share price and no redemptions from public shareholders. Includes 161.1M existing Markforged equity holders shares, 21.5M SPAC IPO shares, 2.7M SPAC sponsor shares, and 21.0M PIPE Investor shares. Excludes 2.7mm SPAC sponsor shares vesting in 1.3mm share increments at $12.50 and $15.00. Excludes additional seller earn-out of 8.0M shares that vest at $12.50 and 6.7M shares that vest at $15.00. Existing Shareholders 789 $10.00 206 $2,062 ($399) $1,664
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