MoneyLion Investor Day Presentation Deck

Expenses as % of Adj. Revenue Historical investments in infrastructure and revenue mix are driving operating leverage Variable Fixed MoneyLion 159% 110% 49% Q4 21 Variable and Fixed Expenses as % of Adj. Revenue (6) 137% 90% 47% Q1 22 122% 81% 41% Q2 22 117% 80% 37% Q3 22 Medium-Term Target 55-65% Variable Key Levers: marketing, direct costs, provision, origination financing 15-25% Fixed Key Levers: personnel, operations, technology, professional services Note Expenses as a % of Adjusted Revenue is calculated as Adjusted Revenue less Adjusted EBITDA, with the result divided by Adjusted Revenue. Variable Expenses include marketing expense, direct costs, provision for credit losses and origination financing interest expense. Fixed Expenses include compensation and benefits expense, operations costs, technology- related costs and professional services expense. Adjusted Revenue is a non-GAAP measure. See the Appendix for a reconciliation of these measures to their nearest GAAP equivalents. See "Footnotes" section for detailed footnotes and definitions. 140

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