Playboy Investor Conference Presentation Deck
PLAYBOY 2020
3
Legal Disclaimer (Continued)
Financial Information; Non-GAAP Financial Measures
The nancial information, data and projections contained in this Presentation does not conform to Regulation S-X. Accordingly, such information and data may not be included in, may be adjusted in or may be presented di erently in, any
de nitive proxy statement or registration statement led by MCAC with the SEC or any amendments thereto, and such di erences may be material. In addition, certain nancial information, data, projections and statements included herein
assume no redemptions by MCAC shareholders in connection with the Proposed Business Combination, and the actual amount of any such redemptions could cause such assumptions and nancial information, data, projections and statements
to di er materially from those set forth in this Presentation.
Some of the nancial information and data contained in this Presentation, such as Adjusted EBITDA, has not been prepared in accordance with United States generally accepted accounting principles ("GAAP"). MCAC and Playboy believe that
the use of these non-GAAP nancial measures provides an additional tool for investors to use in evaluating historical or projected operating results and trends in and in comparing Playboy's nancial measures with other similar companies, many
of which present similar non-GAAP nancial measures to investors. Management does not consider these non-GAAP measures in isolation or as an alternative to nancial measures determined in accordance with GAAP. The principal limitation
of these non-GAAP nancial measures is that they exclude signi cant expenses and revenue that are required by GAAP to be recorded in Playboy's nancial statements. In addition, they are subject to inherent limitations as they re ect the
exercise of judgments by management about which expense and revenue items are excluded or included in determining these non-GAAP nancial measures. In order to compensate for these limitations, management presents historical non-
GAAP nancial measures in connection with GAAP results. You should review Playboy's audited nancial statements and reconciliations of Adjusted EBITDA to historical net income (loss), the closest GAAP measure, which are included in this
Presentation and preliminary proxy statement led by MCAC on November 10, 2020 with the SEC. However, not all of the information necessary for a quantitative reconciliation of the forward-looking non-GAAP nancial measures to the most
directly comparable GAAP nancial measures is available without unreasonable e orts at this time.
Important Information About the Proposed Business Combination and Where to Find It
In connection with the Proposed Business Combination, MCAC has led a preliminary proxy statement with the SEC on November 10, 2020 and intends to le a de nitive proxy statement (collectively, the "Proxy Statement") with the SEC. The
de nitive Proxy Statement, once led, will be distributed and mailed by MCAC to holders of MCAC's common stock in connection with MCAC's solicitation of proxies for the vote by MCAC's stockholders with respect to the Proposed Business
Combination and other matters as described in the Proxy Statement. INVESTORS AND STOCKHOLDERS OF MCAC ARE URGED TO READ THESE MATERIALS (INCLUDING ANY AMENDMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS IN
CONNECTION WITH THE PROPOSED BUSINESS COMBINATION THAT MCAC FILES WITH THE SEC BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT MCAC, PLAYBOY, AND THE PROPOSED BUSINESS COMBINATION. Investors and
security holders may obtain free copies of the preliminary Proxy Statement and de nitive Proxy Statement (when available) and other documents led with the SEC by MCAC through the website maintained by the SEC at http://www.sec.gov, or
by visiting the investor relations section of https://www.mcacquisition.com./
INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING
OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
Participants in the Solicitation
MCAC and Playboy and their respective directors and certain of their respective executive o cers and other members of management and employees may be considered participants in the solicitation of proxies with respect to the Proposed
Business Combination. Information about the directors and executive o cers of MCAC is set forth in its nal prospectus dated June 4, 2020, and in the preliminary Proxy Statement, as modi ed or supplemented by any Form 3 or Form 4 led
with the SEC since the date of such ling. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be included in the de nitive Proxy
Statement and other relevant materials to be led with the SEC regarding the Proposed Business Combination when they become available. Stockholders, potential investors and other interested persons should read the de nitive Proxy
Statement carefully when it becomes available before making any voting or investment decisions. You may obtain free copies of these documents as indicated above.
No Offer or Solicitation
This Presentation shall not constitute an o er to sell or the solicitation of an o er to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such o er, solicitation or sale would be unlawful prior to registration or
quali cation under the securities laws of any such jurisdiction. Noo ering of securities will be made except by means of a prospectus meeting the requirements of Securities Act of 1933, as amended, or an exemption therefrom.
Trademarks
This Presentation contains trademarks, service marks, trade names and copyrights of MCAC, Playboy and other companies, which are the property of their respective owners.View entire presentation