Fluent Investor Presentation

Billions $900 $800 $700 $600 $500 $400 $300 Digital ad spending 2022-26 22 23 24 Source: eMarketer, August 2023 25 FLUENT at the forefront of Market Opportunity 26 Industry revenue by pricing model 32.4% 0.5% A $ 67.1% CPM | Hybrid | Performance Note: Totals may not equal 100% due to rounding. Source: IAB/PwC Internet Ad Revenue Report, FY 2020 Fluent's business 100% Performance 72% CPA 7 ΚΡΙ O fil

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