Grindr SPAC Presentation Deck
DEFINITIONS
1. "ARPU "are to Average Total Revenue per User, which is calculated based on Total Revenue in any measurement period, divided by our
MAUS in such a period divided by the number of months in the period.
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"ARPPU" are to the Average Direct Revenue per Paying User, which is calculated based on Direct Revenue in any measurement period,
divided by Paying Users in such a period divided by the number of months in the period.
"MAUS", or Monthly Active Users, are unique devices that have demonstrated activity on the Grindr App over the course of the specified
period. Activity on the app is defined as opening the app, chatting with another user, or viewing the cascade of other users. Grindr also
excludes devices where all linked profiles have been banned for spam. We calculate MAUs as a monthly average, by counting number of
MAUS in each month and then dividing by the number of months in the relevant period.
4. "Paying Users" are to users that have purchased or renewed a Grindr subscription and/or purchased premium add-ons on the Grindr
App. We calculate Paying Users as a monthly average, by counting the number of Paying Users in each month and then dividing by the
number of months in the relevant measurement period.
CONFIDENTIAL
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