Bakkt Results Presentation Deck

APEX CRYPTO ACQUISITION UPDATE Acquiring Apex Crypto acquisition is expected to accelerate our strategy ● • Immediate scale Positions Bakkt as an industry leading one-stop- shop across digital assets A Transformational • Fast-tracks new crypto capabilities to market Significant expansion of distribution opportunities ● Adds talented employees to our team • Accelerates achieving our vision Note: Acquisition is subject to regulatory approval. Expected to close in the first half of 2023 Financially attractive • Initial payment $55mm cash ● ● Up to an additional $145mm in stock and seller notes upon achieving financial targets Expected to be accretive to EPS and revenue growth Bolsters our path to profitability 7

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