Sarcos SPAC Presentation Deck

SUFFICIENT LIQUIDITY FOR PATH TO COMMERCIALIZATION Unrestricted cash and equivalents on balance sheet ($ millions) $34 31-Dec-20 +610% 19 SARCOS PROPRIETARY 1) On September 30, 2021 $239 30-Sep-21 STRONG LIQUIDITY POSITION DUE TO BUSINESS COMBINATION Net proceeds from business combination and PIPE financing of $230 million Additional $2 million of restricted cash set aside for repayment of PPP loan that is expected to be forgiven Estimate the transaction will fully fund Sarcos' XO/XT initial rollout plan sAacos

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