Vivid Seats SPAC Presentation Deck

Transaction Summary Opportunity Vivid Seats is a scaled, growing and highly profitable secondary ticketing marketplace $39 billion growing ticketing industry(¹) serving the sports and entertainment markets Well-positioned for both significant immediate growth in post-pandemic recovery and above-market long term growth Strategic Sponsor and aligned shareholders with strong pro forma balance sheet ● ● ● Capital Structure Vivid Seats shareholders rolling 100% of their equity All net proceeds used to optimize capital structure; significantly deleveraged pro forma balance sheet post business combination ● ● $544 million of cash in trust (including $155 million committed by Sponsor and full redemption backstop) plus $225mm PIPE (including Sponsor commitment) Sponsor promote taken in the form of warrants with $10 and $15 strike prices Valuation ● ● Enterprise value of ~$2.0 billion Implied EV / 2019A Adjusted EBITDA of 16.4x Implied EV / 2022E Adjusted EBITDA of 17.7x Attractive valuation versus other digital marketplaces and ticketing peers (1) Based on a 2017 report prepared for us by a third-party consulting firm, internal estimates derived from figures disclosed to us under confidentiality agreements, and publicly available information Leadership Stan Chia CEO Vivid Seats Lawrence Fey CFO Vivid Seats Todd L. Boehly CEO, CFO, Director Horizon Vivid Seats . 7

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