Presto SPAC Presentation Deck

Large International Expansion Opportunity Red Lobster International Expansion Executed strategy of landing within domestic stores and expanding internationally 100% domestic penetration of Red Lobster locations 100% of Red Lobster stores added in LTM July 2021 were international Penetration: Red Lobster Store Count Expansion Domestic International 3 Jul-18 <1% | 64 Jul-19 679 Jul-20 9% | 96% | 706 27 679 Jul-21 100% International Market Opportunity $101B $25B Source: Wall Street Research, National Restaurant News - Total US Restaurant Count Dips, National Restaurant Association, Deloitte - Foodservice Market Monitor. (1) Calculated using 2019 estimated enterprise restaurant count by Quick Service Restaurant and Full-service Restaurant from the Deloitte - Foodservice Market Monitor Report, assumes -30% of sales are labor cost. (2) Calculated using estimated number of QSR and full-service restaurants Globally Confidential - Do Not Distribute Red Lobster International Enterprise Restaurant Labor Spend (1) Global Enterprise Restaurant Technology Spend(2) presto 21

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