Evolv SPAC Presentation Deck

Scalable Platform with Expanding Gross Margins Bookings by Type (US$ in Millions) Products ■ Subscription $12.9 2019A 14% Gross Profit & Margin (US$ in Millions) $0.8 2019A $21.7 evolv technology 2020A 41% $1.8 2020A $53.3 2021E 71% $14.4 2021E $194.6 2022E 73% $38.8 2022E $399.0 2023E 82% $109.1 2023E $708.7 2024E 83% $281.4 2024E $1,065.7 2025E $503.7 85% 2025E Revenue by Type (US$ in Millions) Services Products ■Subscription $5.8 2019A $4.3 ($17.7) 2019A 2020A EBITDA & Margin (US$ in Millions) ($25.5) 2020A $20.2 2021E ($26.9) 2021E $53.1 2022E ($29.5) 2022E $132.3 2023E 4% $5.2 2023E $337.9 2024E 28% $96.2 2024E $595.0 2025E $236.0 40% 2025E 31

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