Selina SPAC

Destination Case Study: Miami Gold Dust and Little River SUMMARY In the last year, we opened two destinations in Miami outside of the traditional Miami Beach hotel scene We created destinations powered by local F&B, content, and programming that are producing drastically improved economics PRE-SELINA¹ $53 Room RevPAR Selina $0 F&B and Others Conversion costs were fully funded by our Capital Partners who purchased the assets and leased to Selina SELINA² 1. Based on 2019 full year data. 2. Unit-Level results for Q3 2021 for Miami Gold Dust and Miami Little River using weighted average method by number of bedspaces. 3. Based on Selina's rent per key per month compared to Selina's research and previous negotiations in market. 4. Source: CBRE Miami Hotel report as of Q1 2021. 5. Based on Q3 2021. $118 Room RevPAR $83 F&B and Other RevPAR 16% 5 Unit-Level EBITDA Margin Ein BEAM EE Selina Selina Miami Hotel Market Concentration SHEH We leased our locations at a >50% discount³ to leases in Miami Beach while generating similar revenue per available room4 OUR STORY 20

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