Grab SPAC Presentation Deck

Transaction structure summary 3. 4. Sources ($M) SPAC Cash in Trust¹ PIPE + FPA Grab Equity Rollover Total Sources Uses ($M) Cash to Balance Sheet Grab Equity Rollover Est. Transaction Expenses Total Uses 500 4,040 34,260 38,800 4,390 34,260 150 38,800 Pro Forma Valuation ($M) PF Shares Outstanding (M)² Share Price ($) PF Equity Value (+) PF Net Debt / (Cash)³ PF Enterprise Value 2022E Adj. Net Revenue PF EV/2022E Adj. Net Revenue Pro Forma Ownership Split Existing Grab Shareholders PIPE + FPA Investors SPAC Investors GrabForGood Fund SPAC Founder Shares Total 3,955 10.00 39,552 (8,287) 31,265 3,268 9.6x 87.7%4 10.2% 1.3% 0.5% 0.3% 100% Note: Excludes impact of 10M warrants held by public, 4M warrants held by forward purchase agreement participants (Altimeter Hedge Fund and JS Capital) and 12M warrants held by the sponsor. All warrants have a strike price of $11.50 per common share SPAC sponsor has the ability to replace up to $500M of potential redemptions from the cash in trust. Excludes interest earned in the trust. SPAC cash amount subject to change depending on the actual interest earned in the trust 2. Comprises -3,469M shares to existing Grab shareholders (on fully-diluted basis; includes -43M of shares issued pursuant to an IPO grant), 404M PIPE + FPA shares, 50M existing SPAC public common shares, 20M shares issued for the GrabForGood Fund and 12.5M SPAC founder shares 1. Includes $400M of committed funding and $322M in estimated tax benefits Includes -43M shares issued pursuant to an IPO grant 44

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