Rocket Lab SPAC Presentation Deck

FINANCIAL MODEL SUMMARY 37 › Adjusted EBITDA breakeven is expected in 2023E with significant EBITDA ramp thereafter as the company scales operations › Significant free cash flow generation driven by adjusted EBITDA growth and minimal maintenance capital expenditure Rocket Lab USA Section 4 HISTORICAL AND PROJECTED ADJUSTED EBITDA ($M) Adjusted EBITDA Margin ($32) 2018 ($24) (238%) (49%) ($47) 2019 2018 ($36) ($48) ($20) 2020E 2019 2021E (102%) (69%) HISTORICAL AND PROJECTED UFCF ($M)¹ 2020E 2022E ($40) ($45) ($76) ($73) (11%) 2021E 2022E Note: Adjustments to EBITDA include share-based compensation, foreign exchange gains or losses, and non-recurring losses, including the impact of retaining employees during COVID-19 shutdowns $26 2023E 10% ($11) 2023E $119 2024E 26% $97 2024E $168 2025E 22% $149 2025E $340 2026E 29% $311 2026E $505 2027E 32% $465 2027E 1 Unlevered free cash flow is defined as adjusted EBITDA minus capital expenditures minus increases in working capital

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