Babylon SPAC Presentation Deck

Understanding Babylon's Pipeline 1) 2) 3) 4) 5) 6) Projected Revenue ($M) $79 Need to sign ~1 VBC contract in 2021 to achieve 2021E Revenue(¹) 2020A Revenue 2021E Revenue Bridge Total Pipeline Annual Value of Contracts split over 2 calendar years -$321 2021E Revenue 2022E Revenue Bridge -$710 $3.6BN ARR(6) 2022E Revenue Annualization & Growth of Existing Contracts as of July 1, 2021(3) Projected Revenue ($M) $79 Need to sign ~3 VBC contracts in 2022 to achieve 2022E Revenue(2) 2020A Revenue 2021E Revenue Bridge 2021 Converted Pipeline Contracts (4) ~50 Contracts -$321 2021E Revenue 2022E Revenue Bridge 2022 Converted Pipeline Contracts(5) Source: Management estimates and a pipeline of contracts under discussion as of March 15, 2021. Management reporting. Notes: Assumes i) contracts begin recognizing revenue in Q4 2021, and ii) deliver ARR of $130M based on the average VBC contract in the pipeline. Assumes i) contracts begin recognizing revenue in Q2 2022, and ii) deliver ARR of ~$130M based on the average VBC contract in the pipeline. Reflects i) annualization and growth in existing contracts as of December 31, 2020 and ii) revenue from contracts active between December 31, 2020 and July 1, 2021. Reflects revenue impact of new business from converted pipeline contracts in 2021. Cohorts based on an illustrative set of contracts signed at varying points in time in 2021 with impact of annualization recognized in 2022. Reflects revenue impact of new business from converted pipeline contracts in 2022. Cohorts based on an illustrative set of contracts signed at varying points in time in 2022. ARR (Annual Run-Rate Revenue) at the end of a given month is calculated at a point in time by multiplying that month's expected revenue by 12. -$710 2022E Revenue ~$130M Avg. ARR of VBC Contracts(6) 79

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