Shutterstock Mergers and Acquisitions Presentation Deck

Pond5 Enables Shutterstock to Expand its Already Fast Growing Video Business +33% 15% BEFORE Video 20% shutterstock AFTER Total 100% Larger Video Business Video will account for -20% of total revenue (up from -15% pre-acquisition) 3x 1X W/O VIDEOS 3X WITH VIDEOS More Spend with Video Enterprise customers who consume video spend 3x more than customers who don't consume video in LTM period 28% FLEX Usage High consumption of video content within Flex products reflects strong demand from SMBs Proprietary and confidential +86 % Video Subscription Growth 6x M Video Subscription Growth relative to overall sub growth Video subscriptions have grown 6x faster than total subscription revenue in LTM period 8

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