Contents Section 1 Executive summary 1 2 SPAC market updates 18 3 SPAC 101 22 Appendix I Deutsche Bank SPAC credentials 29 II Selected DB SPAC M&A case studies 41 Deutsche Bank Corporate & Investment Banking CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0062116 CONFIDENTIAL SDNY_GM_00208300 EFTA01369687