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Creating a Global Champion

J.P. Morgan European Tech Stars 2020 Conference September 2020 - 2 - Deep industry know-how and vast experience in direct-to-customer, media and digital businesses

Tim Schiffers Henning Rönneberg Marc Schachtel Geoff Cook Chief Executive Officer Chief Financial Officer Chief Operative Officer CEO / (CEO) (CFO) (COO) General Manager Video

As Group CEO Tim Schiffers is Henning Rönneberg is responsible Group COO Marc Schachtel is Geoffrey Cook is CEO of The Meet responsible for ParshipMeet for the central functions of the responsible for the group’s Group, overseeing the social dating Group’s overall strategic direction. group. In his role as Group CFO he technology and platform strategy. and entertainment portfolio of the He oversees the brand, media and oversees finance (treasury, For the matchmaking part of the group. In addition, he is responsible marketing activities to ensure controlling, accounting, tax), business, he oversees the product for ParshipMeet Group’s overall growth across the portfolio of investor relations and business strategy and drives the constant video strategy including the vPaaS brands. intelligence as well as human optimization of customer success business. resources, compliance and legal and monetization. affairs.

Tim joined Parship as CEO in 2014 Henning joined Parship as CFO in Marc joined Parship as Director Geoff co-founded The Meet Group after having led several strategy and 2008, being Managing Director Engineering in 2011, being CTO in 2005 and has been its CEO ever optimization projects within the from 2012 onwards. Prior positions from 2012 and Managing Director since, which was created out of Holtzbrinck Publishing Group. Prior include CFO of publicly listed from 2014 onwards. myYearBook. Previously he has positions include CEO of adviqo AG, Pixelpark AG, CFO of Axel Springer’s Prior positions include Co-Founder been the co-founder and CEO of Managing Director of Wunderman finance and services division, CFO of and CTO of VC-backed gaming ResumeEdge and EssayEdge. and several national and Bertelsmann’s Bol.com and Head of company Goodbeans and Senior international leadership roles at Business Development at Infineon Consultant at BCG Platinion, BCG’s Bertelsmann. AG. IT-consulting branch. - 3 - ParshipMeet Group – combining two leading complementary online dating businesses into new global champion

Globally leading mobile- Leading international first, social dating and Leading global online mobile-first matchmaking brands dating & social matchmaking brands and platforms entertainment platforms and platforms

EUR 451m EUR 222m H1 2020 LTM Revenue1 EUR 229m H1 2020 LTM Revenue H1 2020 LTM Revenue1

EUR 95m EUR 56m H1 2020 LTM adj. EBITDA1 EUR 39m H1 2020 LTM adj. EBITDA H1 2020 LTM adj. EBITDA1

1) LTM revenues and adjusted EBITDA per June 30, 2020. The Meet Group’s pro-forma adjusted EBITDA included in the above deducts 80% of the expenses for stock-based compensation from The Meet Group’s management adjusted EBITDA. USD numbers converted at 1.12 for 2019, 1.14 for H1 2019 and 1.12 for H1 2020. - 4 - Operating in highly attractive market segments with dynamic growth prospects Monetizing Large and High Growth Markets Strong Structural Growth Drivers

▪ Growth in numbers of singles from changes in lifestyle and work >8% Online dating market growth choices for US & Germany ▪ Increasing use of online ~ EUR 9bn interaction and social Global online dating market TAM entertainment >11% Social entertainment market ▪ Increasing penetration, trust and growth acceptance of meeting and EUR 2.3bn socializing online Subsegment: US & German online ▪ Technology increasing the dating & matchmaking TAM Video Platform as a substance and meaning of online Service business („vPaaS“) connections ▪ Changes in customer behaviour being accelerated by „new normal“

Source: ParshipMeet Group estimate based on third party consulting firm report. - 5 - Addressing all needs for meeting new people – from social dating and entertainment to matchmakingOur and Brands finding a meaningful relationship

Social Dating & Entertainment Matchmaking

MeetMe Growlr Skout Lovoo Parship eharmony ElitePartner The mobile version of Social Networking The gay dating app to Discover and meet Leading European Parship is THE love The US-based The online dating the bar or and dating for the meet men in your new friends across and most brand for long-term and pioneer in creating service for demanding coffeehouse where African American neighborhood or the globe or down downloaded German- happy relationships in highly compatible singles looking for an everyone belongs community across the globe the block speaking dating app DACH and Benelux relationships inspiring relationship

Whatever people are looking for with us – we have the right service for them.

A long-term relationship with the right partner? Fun encounters in a relaxed, but at the same time safe atmosphere? Live video and entertainment?

Our highly diversified range of apps offers something for everyone. That’s what make us uniquely special in the online dating market. - 6 - Uniquely covering the full spectrum of the online dating market – newly formed group is the global #2 dating player

Tinder PoF Pairs Meetic OKCupid Match

MeetMe Skout Tagged GROWLr Lovoo Parship eharmony ElitePartner

Badoo Bumble

Zoosk Christian Mingle SilverSingle eDarling EliteSingles

MARKET SEGMENT Social Dating / Entertainment Classic Dating Matchmaking

USER INTENTION Meeting Dating Relationship

Source: ParshipMeet Group estimate. - 7 - Highly diversified business model and revenue streams standing out in the market

Subscriptions Virtual Goods B2B vPaaS

Note: Revenue split in percent of H1 2020 pro forma revenues of ParshipMeet Group. USD numbers converted at 1.12 for H1 2020. - 8 - Live streaming dating – the future of online dating AND reality TV has arrived, and we are leading

Live Streaming Dating: Reality TV 2.0 Components & Success Factors

Technology Tens of millions of dollars per year in software improvements and new features

Moderation 500+ human moderators combine with sophisticated AI

Talent Management 30-person talent team recruit and promote emerging talents

Formats Combined in one easy to Constantly developing new formats integrate SDK that any app to engage the audience or website can add …

Monetization Gifting to streamers based on in-app purchases of coins

Audience 1.2 mm broadcasters and 8.9 mm viewers per month* - 9 - ParshipMeet Group – one of a few global internet champions headquartered in Germany

US 50% of revenues

Germany 26% of revenues HQ Rest of World 24% of revenues

Offices

Hamburg (Group and Parship HQ) New Hope (Meet HQ) Philadelphia (Meet) Dresden (Lovoo) Berlin (Lovoo) Los Angeles (eharmony) London (eharmony) Amsterdam (Parship)

Note: Geographical split based on H1 2020 pro forma revenues ParshipMeet Group. USD numbers converted at 1.12 for H1 2020. - 10 - We will now turn to the realization of synergies while staying focused on growth

Cross-selling between brands Cooperation P7S1 Entertainment Technology & platforms - 11 - Formation of ParshipMeet Group has created a leading global player in online dating – to IPO in 2022

2012 2015 2016 2018 2020 2022

First Media-for- Acquisition of Acquisition of Acquisition of Participation of Acquisition of Acquisition of Vision to IPO Revenue Deal Parship by Oakley ElitePartner Parship by General Atlantic eharmony The Meet Group ParshipMeet with P7S1 Capital NuCom Group in NuCom Group Group EV of EUR 300m EV of USD 85m USD 6.30 / share

Revenues ParshipMeet Group [EURm] Adj. EBITDA ParshipMeet Group [EURm]

52 246 44 209 40 36 143 28 117 124 82 18 60 37 44 9 -5 -2

2012 2013 2014 2015 2016 2017 2018 2019 H1 2020 2012 2013 2014 2015 2016 2017 2018 2019 H1 2020 pro-forma* pro-forma*

Note: All enterprise values refer to acquisitions at the time. Aggregate merger consideration for The Meet Group at USD 497m (EUR 448m) based on EUR/USD exchange rate of 1.11 1) LTM revenues and adjusted EBITDA per June 30, 2020. The Meet Group’s pro-forma adjusted EBITDA included in the above deducts 80% of the expenses for stock-based compensation from The Meet Group’s management adjusted EBITDA. USD numbers converted at 1.12 for 2019, 1.14 for H1 2019 and 1.12 for H1 2020. - 12 -

Appendix - 13 -

Parship Group - 14 - After consolidating the DACH market and integrating eharmony, PG #1 in matchmaking with market leading positions in Europe and North America

… 2012 2013 2014 2015 2016 2017 2018 2019 2020+

Parship Optimization and Growth ElitePartner eharmony Innovation and “Parship Excellence” Acquisition and Integration Acquisition and Integration Growth

Sale Parship to Oakley Acquisition ElitePartner Sale to P7S1 Acquisition eharmony

Revenues Parship Group [EURm] adj. EBITDA Parship Group [EURm]

eHarmony Parship ElitePartner 209 44 40 36 31 143 28 124 117 117 18 82 9 60 37 44 -2 -5 2012 2013 2014 2015 2016 2017 2018 2019 H1 2020 2012 2013 2014 2015 2016 2017 2018 2019 H1 2020 - 15 - Based on their top-of-class awareness and relevance our three strong brands are leading in online matchmaking internationally

No other brand can give you Biggest and most experienced The dating service for discerning Brand promise more confidence to fulfill matchmaker for finding a serious clients, where not everybody your relationship goals long-term relationship makes the cut

Brand personality Trusted & dedicated confidant The passionate expert The cultured agent

Confidence: highest chance of success High chances and the most efficient Find the perfect partner with a similar Emotional Benefit and most efficient way to find your way to find the perfect partner for a social standing and lifestyle for a partner long-lasting, happy relationship serious relationship

Largest pool of desirable singles The largest selection thanks to the Best pre-selection through Functional Benefit seeking a real relationship largest database manual profile inspection - 16 - Parship’s “Circle of Excellence” is the proven way of running online matchmaking successfully, also forming the blueprint for eharmony growth

Parship “Circle of Excellence” in Online Matchmaking Key Facts

High media pressure & ▪ In the online matchmaking business the most efficient important asset is having and constantly marketing refilling the largest database of high-quality enables combined with singles. ▪ This large database is the key driver for the attraction and – in the case of a subscription Optimized model – conversion of new singles. Best in class user conversion of ▪ The only way to obtain and grow such a high Strong Brand monetization online (brand) quality database is to build up a brand traffic communicating this exact proposition. ▪ This can most effectively be achieved via use of reach media, which in turn can only be afforded as basis for leads to based on excellent monetization capabilities Largest database generating strong customer lifetime values. of high quality ▪ Today, Parship Group masters this cycle and users runs it in a highly profitable way. - 17 -

The Meet Group - 18 - The Meet Group has combined acquisitions with a proven history of performance through innovation to claim a market leading position

Acquisition Skout Acquisition Tagged Acquisition Lovoo Acquisition Growlr First vPaaS Client

2005 … 2010 2011 2012 … 2016 2017 2018 2019 2020

Launch of myYearbook -one myYearbook Introduction of video Live-streaming Go-live on Mobile surpasses Launch of live- of the first social networks for rebrands to Platform as a Service surpasses 50% iPhone and Android 90% of revenue streaming video meeting new people MeetMe Business (vPaaS) of revenue

Forms The Meet Group Acqu. by ParshipGroup

Revenues The Meet Group [USDm Reported] adj. EBITDA The Meet Group [USDm Reported]

MeetMe Skout Tagged Lovoo vPaaS Growlr 212 42 179

145 32 32 124 29 29 20 76 57 45 5

2014 2015 2016 2017 2018 2019 H1 2020 2014 2015 2016 2017 2018 2019 H1 2020

Note: adjusted EBITDA of The Meet Group can be found in the appendix of this presentation - 19 - The Meet Group‘s continuous focus on three key pillars drives a sustainable advantage in the market

Build the most engaging dating communities in the world

(2.1 billion monthly chats)

provides the provides the distribution monetization advantage to… advantage to…

Invest in new products and services like live-streaming Partner for and acquire new video and AI to entice our audiences, including through community to spend more time platform-as-a-service products provides the user acquisition advantage to… (1.1 billion video minutes monthly) - 20 -

Adjusted EBITDA definition of The Meet Group

The Meet Group (the “Company”) uses Adjusted EBITDA as a performance measure, which is a financial measure that either excludes or includes amounts that are nor normally included or excluded in the most directly comparable measure calculated and presented in accordance with U.S. GAAP. The company defines Adjusted EBITDA as income or loss from operations before interest expense, benefit from the provision for income taxes, depreciation and amortization expense, stock-based compensation expense, non-recurring acquisition, restructuring or other expenses, gain or loss on foreign currency transactions, gain or loss on sale or disposal of assets, bad debt expense outside the normal range and goodwill and long-lived asset impairment charges. The company excludes stock-based compensation expense because it is non-cash in nature. The company believes Adjusted EBITDA is an important measure of its operating performance because it allows management, investors and analysts to evaluate and assess its core operating results form period to period after removing the impact of acquisition related costs, and other items of a non-operational nature that affect comparability. The company recognizes Adjusted EBITDA has inherent limitations because of the excluded items.

The following table sets forth a reconciliation of the Meet Group’s Adjusted EBITDA to its U.S. GAAP net income for the year 2019:

in USD m FY 2019 Net Income (Loss) 11.332.497 Interest expense 1.301.348 Income tax expense 4.929.440 Depreciation and amortization expense 13.131.002 Stock-based compensation expense 11.107.152 Acquisition and restructuring 414.110 Loss on disposal of assets 0 Loss on foreign currency transactions 10.172 Adjusted EBITDA 42.225.722

Source: The Meet Group