23rd Annual Needham Virtual Growth Conference

Digital Ad Spending 2020-24 Billions $250 $200 $150 $100 $50 $0 Large & Growing Market Opportunity Industry revenue by pricing model CPM Hybrid Performance +14.3% CAGR 20 21 22 23 FLUENT Source: eMarketer, October 2020 24 35.2% 1.9% FY2019 62.9% Note: Totals may not equal 100% due to rounding Source: IAB/PwC Internet Ad Revenue Report, FY 2019 Fluent's Business 100% Performance 72% CPA FY 2019 28% CPL 6

View entire presentation