Navitas SPAC Presentation Deck

Revenue Growth Benchmarking: Recent DeSPACs, Recent Semiconductor IPOs and Power Semiconductors CY2020E - CY2025E Projected Revenue CAGR 106% Navitas O Navitas Semiconductor 2021 58% Median Semiconductor DeSPACs (1) 151% Median LIDAR DESPACS (2) (1) (2) Recent Semiconductor IPOs Median: 20% (3) (4) Represents Wolfspeed segment. Source: company filings, FactSet. 26% Si Time 13% ALLEGRO Note: Market data as of May 4, 2021. Multiples above 75.0x are considered not material. Semiconductor DeSPACS include Indie and Achronix. FY2021E - FY2023E used as a proxy. FY ends March 31. mecrosystems (3) CY2020E - CY2022E Projected Revenue CAGR Next-Gen High Growth 35% (4) Power Semiconductors CREE+ Median: 22% 22% power integrations" 17% MPS Monolithic Power Syst Mature Diversified Navitas Median: 11% 12% TEXAS INSTRUMENTS LIDAR DESPACS include Luminar, Aeye, Aeva, Innoviz Technologies, Velodyne Lidar and Ouster. Aeye represents CY2021E - CY2026E revenue CAGR. Velodyne Lidar represents CY2020E - CY2024E revenue CAGR. 10% ANALOG DEVICES 35

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