Matterport SPAC Presentation Deck

Powerful Saas Model 18x Subscriber Growth CY18-CY20E 82% Subscription Gross Margin Profitable Unit Economics 12x CY20E Lifetime Value ("LTV")/ Customer Acquisition Cost ("CAC") Financial highlights Strong Retention & Customer Loyalty 112% 4Q20 Net Revenue Retention Accelerating Subscription Mix +3300 bps 53% CY20E 86% Subscription as % of Total Revenue CY25E Rapid Revenue Growth 56% 87% Growth in Gross Margin +1700 bps CY20E CY19 - CY20E 73% CY25E Notes: CY19 subject to adjustment Subscription gross margin is 2020E and is calculated as subscription revenue less cost of goods sold for subscription, excluding amortization of capitalized software Gross margin estimates for CY20-CY25 exclude stock-based compensation expense Net revenue retention compares the revenue from active subscriber accounts in 4Q19, excluding variable revenue, to the revenue generated in 4Q20 by those same accounts Subscription revenue mix is calculated as subscription plus license revenue divided by total revenue LTV / CAC is calculated as the quotient of the product of the average subscription revenue per subscriber multiplied by subscription gross margin and revenue churn rate, divided by the quotient of sales and marketing expense and total new paid subscribers 23

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