Bakkt SPAC Presentation Deck

OVERVIEW WHY NOW? The Serviceable Addressable Market¹ is large... CONFIDENTIAL AND PROPRIETARY Loyalty Points/Miles4 $316bn Cryptocurrency³ $564bn In-Game Assets5 $50bn ~$1.6tn 2020 Gift Cards² $703bn (1) Serviceable Addressable Market. Dollar ($) amounts represent notional amounts, not aggregate revenue. (2) Allied Market Research. (3) 2020 estimate based on CoinMarketCap, Global crypto market cap as of December 14, 2020. 2025 estimate based on projections from ARK Investment Management, LLC. (4) Management estimates based on 2020-2024 data from Infiniti Research. (5) Management estimates based on relevant industry data. bakkt 22

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