Transformative merger of the no.1 in the US and the no.1 in Europe that enabled the creation of the world’s largest secondary marketplace for live event tickets.

• Attractive valuation underpinned by opportunistic bilateral acquisition of Stubhub as a noncore under-utilized business from Ebay.

• Highly attractive risk-reward profile with structured private equity like downside protection and growth equity like returns potential.

• Easily achievable big cost synergies; dominant network effect with significant scale and scope.

• Revenues grew by 3x and EBITDA margin grew from negative to ca. 20% since Amakor’s investment.

• The live events industry was totally frozen during Covid; however, the Company focused on accelerating the merger synergy realization during this period, and came out of Covid with a bigger lead vs all peers.