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FiscalNote Investor Presentation Deck

Clear Value Proposition: Helping clients manage regulatory, geopolitical and macroeconomic complexity 4. Cocoa powder is used at local coffee shop to make mocha lattes ALERT: Many municipalities are considering a sugary drink tax to reduce sugar consumption. © 2023 FiscalNote 3. Cocoa bean is now cocoa powder and heading for the US ALERT: Unsweetened cocoa powder is on a list of duty suspensions for the United States. in the America COMPETES Act. 2. The cocoa bean has arrived in Belgium and is being refined and packaged € 1. Cocoa bean is harvested in Brazil and will be shipped to Europe for refinement fiscalnote.com ALERT: New European Union regulation bans the import and export of commodities, including cocoa, that are associated with both legal and illegal deforestation ALERT: Commodity prices have been surging and the war in Ukraine the price of food commodities has reached new heights. Fiscal Note
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