SoundHound SPAC Presentation Deck

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#1SoundHound Inc. Houndify Everything ARCHIMEDES November 2021 FOR **** 40 Gos E (()) Good 2000 CO Ⓒ2021 SoundHound Inc.#2Disclaimer and Other Important Information This Presentation (the "Presentation") is for informational purposes only to assist interested parties in evaluating a proposed initial business combination (the "Transaction" or "Business Combination") among Archimedes Tech SPAC Partners Co. ("Archimedes"), and SoundHound Inc. ("SoundHound") pursuant to which SoundHound will become a wholly-owned subsidiary of Archimedes. In connection with the closing of the Business Combination, Archimedes will change its name to "SoundHound Al, Inc." The continuing combined entity is hereinafter referred to as the "Company" or the "Combined Entity". This Presentation relates to the potential financing of a portion of the Business Combination through a private placement (the "Private Placement") of Archimedes' securities. The information contained herein does not purport to be all-inclusive and none of Archimedes, SoundHound, nor any of their respective subsidiaries, stockholders, affiliates, representatives, control persons, partners, members, managers, directors, officers, employees, advisers or agents make any representation or warranty, express or implied, as to the accuracy, completeness or reliability of the information contained in this Presentation. Prospective investors in the proposed Private Placement should consult with their own counsel and tax and financial advisors as to legal and related matters concerning the matters described herein, and, by accepting this Presentation, you confirm that you are not relying solely upon the information contained herein to make any investment decision. The recipient shall not rely upon any statement, representation or warranty made by any other person, firm or corporation in making its investment decision to subscribe for securities of Archimedes in connection with the Business Combination. To the fullest extent permitted by law, in no circumstances will Archimedes or any of its subsidiaries, stockholders, affiliates, representatives, control persons, partners, members, managers, directors, officers, employees, advisers or agents be responsible or liable for any direct, indirect or consequential loss or loss of profit arising from the use of this Presentation, its contents, its omissions, reliance on the information contained within it, or on opinions communicated in relation thereto or otherwise arising in connection therewith. In addition, this Presentation does not purport to be all-inclusive or to contain all of the information that may be required to make a full analysis of Archimedes, the proposed Private Placement or the Business Combination. The general explanations included in this Presentation cannot address, and are not intended to address, your specific investment objectives, financial situations or financial needs. Confidential Information: By accepting this Presentation, the recipient acknowledges and agrees that all of the information herein is confidential, that the recipient shall not distribute, disclose and use such information other than for the foregoing purpose and that the recipient shall not distribute or use such information in any way detrimental to either Archimedes or SoundHound, and that the recipient will return to Archimedes and SoundHound, or will delete or destroy this Presentation upon request by Archimedes or SoundHound or their advisors. themselves and obse all such restrictions. The distribution of this Presentation may also be restri by law and the persons into whos possession this Presentation comes should pient acknowledges that it is (i) aware that the United States securities laws prohibit any person who has material, non-public information concerning a company from purchasing or selling securities of such company while in possession of such information, or from communicating such information to any other person under circumstances in which it is reasonably foreseeable that such person is likely to purchase or sell such securities, and (ii) familiar with the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder (collectively, the "Exchange Act"), and that the recipient will neither use, nor cause or permit any third party to use, this Presentation or any information contained herein in contravention of the Exchange Act, including, without limitation, Rule 10b-5 thereunder. Additional Information: In connection with the proposed Business Combination, Archimedes intends to file with the Securities and Exchange Commission (the "SEC"), a registration statement on Form S-4, containing a preliminary proxy statement/prospectus of Archimedes and after the registration statement is declared effective, Archimedes and SoundHound will mail a definitive proxy statement/prospectus relating to the proposed Business Combination to their respective shareholders. This Presentation does not contain any information that should be considered by Archimedes' or SoundHound's respective shareholders concerning the proposed Business Combination and is not intended to constitute the basis of any voting or investment decision in respect of the Business Combination or the securities of Archimedes. Archimedes' and SoundHound's respective shareholders and other interested persons are advised to read, when available, the preliminary proxy statement/prospectus and the amendments thereto and the definitive proxy statement/prospectus and other documents filed in connection with the proposed Business Combination, as these materials will contain important information about Archimedes, SoundHound and the Business Combination. When available, the definitive proxy statement/prospectus and other relevant materials for the proposed Business Combination will be mailed to shareholders of Archimedes and SoundHound as of a record date to be established for voting on the proposed Business Combination. Shareholders will also be able to obtain copies of the preliminary proxy statement/prospectus, the definitive proxy statement/ prospectus and other documents filed with the SEC, without charge, once available, at the SEC's website at www.sec.gov, or by directing a request to: Archimedes Tech SPAC Partners Co., 2093 Philadelphia Pike #1968, Claymont, DE 19703. No Offer or Solicitation: This Presentation shall not constitute a "solicitation" as defined in Section 14 of the Exchange Act. This Presentation does not constitute (i) a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the Business Combination or (ii) an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any security of Archimedes, SoundHound or any of their respective affiliates nor shall there be any sale of securities, investment or other specific product in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. To the extent that this Presentation is used in connection with the Private Placement of Archimedes' securities (referred in this paragraph as "Securities"), any offering of such Securities in connection with the Private Placement will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), and will be offered as a Private Placement only to purchasers who (i) are "accredited investors" (as defined in Rule 501 under the Securities Act) and/or (ii) Archimedes reasonably believes are qualified institutional buyers (as defined in Rule 144A under the Securities Act). The Placement of the Securities is to be made directly by Archimedes. Accordingly, the Securities must continue to be held unless a subsequent disposition is exempt from the registration requirements of the Securities Act. Investors should consult with their counsel as to the applicable requirements fora purchaser to avail itself of any exemption under the Securities Act. The transfer of the Securities may also be subject to conditions set forth in an agreement under which they are to be issued. Investors should be aware that they will be required to bear the financial risk of their investment for an indefinite period of time. Neither Archimedes nor SoundHound are making an offer of the Securities in any state where the offer is not permitted. NEITHER THE SEC NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THE SECURITIES OR DETERMINED IF THIS PRESENTATION IS TRUTHFUL OR COMPLETE. Forward Looking Statements: Certain statements included in this Presentation are not historical facts but are forward-looking statements. Forward-looking statements generally are accompanied by words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "future," "outlook," and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this Presentation and on the current expectations of Archimedes' and SoundHound's respective management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Archimedes and SoundHound. Some important factors that could cause actual results to differ materially from those in any forward-looking statements could include changes in domestic and foreign business, market, financial, political and legal conditions. 2 ©2021 SoundHound Inc.#3Disclaimer and Other Important Information These forward-looking statements are subject to a number of risks and uncertainties, including, the inability of the parties to successfully or timely consummate the Transaction, including the risk that any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect the Company or the expected benefits of the Transaction, if not obtained; the failure to realize the anticipated benefits of the Transaction; matters discovered by the parties as they complete their respective due diligence investigation of the other parties; the ability of Archimedes prior to the Business Combination, and the Company following the Business Combination, to maintain the listing of the Company's shares on Nasdaq; costs related to the Transaction; the failure to satisfy the conditions to the consummation of the Transaction, including the approval of the definitive merger agreement by the shareholders of Archimedes, the satisfaction of the minimum cash requirements of the definitive merger agreement, which is an amount equal to the PIPE commitments as of the date of the Merger Agreement, following any redemptions by Archimedes' public shareholders; the risk that the Transaction may not be completed by the stated deadline and the potential failure to obtain an extension of the stated deadline; the inability to complete a PIPE transaction; the outcome of any legal proceedings that may be instituted against Archimedes or SoundHound related to the Transaction; the attraction and retention of qualified directors, officers, employees and key personnel of Archimedes and SoundHound prior to the Business Combination, and the Company following the Business Combination; the ability of the Company to compete effectively in a highly competitive market; the ability to protect and enhance SoundHound's corporate reputation and brand; the impact from future regulatory, judicial, and legislative changes in SoundHound's or the Company's industry; and, the uncertain effects of the COVID-19 pandemic; competition from larger technology companies that have greater resources, technology, relationships and/or expertise; future financial performance of the Company following the Business Combination including the ability of future revenues to meet projected annual bookings; the ability of the Company to forecast and maintain an adequate rate of revenue growth and appropriately plan its expenses; the ability of the Company to generate sufficient revenue from each of our revenue streams; the ability of the Company's patents and patent applications to protect the Company's core technologies from competitors; the Company's ability to manage a complex set of marketing relationships and realize projected revenues from subscriptions, advertisements; product sales and/or services; the Company's ability to execute its business plans and strategy; and those factors set forth in documents of Archimedes filed, or to be filed, with SEC. The foregoing list of risks is not exhaustive. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that neither Archimedes nor SoundHound presently know or that Archimedes and SoundHound currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Archimedes, and SoundHound's current expectations, plans and forecasts of future events and views as of the date of this Presentation. Nothing in this Presentation should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements in this Presentation, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein and the risk factors of Archimedes and SoundHound described above. Archimedes and SoundHound anticipate that subsequent events and developments will cause their assessments to change. However, while Archimedes and SoundHound may elect to update these forward-looking statements at some point in the future, they each specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Archimedes' or SoundHound's assessments as of any date subsequent to the date of this Presentation. Accordingly, undue reliance should not be placed upon the forward-looking statements. Use of Projections The financial projections presented in this Presentation, with respect to SoundHound represent SoundHound management's current estimates of future performance based on various assumptions, which may or may not prove to be correct. SoundHound's independent registered public accounting firms have not audited, reviewed, compiled or performed any procedures with respect to the projections and, accordingly, they did not express an opinion or provide any other form of assurance with respect thereto. These projections constitute forward-looking information, are presented for illustrative purposes only and should not be relied upon as being necessarily indicative of future results. The assumptions and estimates underlying these projections are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risk that could cause actual results to differ materially from those contained in these projections. Accordingly, there can be no assurance that these projections will be realized. Further, industry experts and others may disagree with these assumptions and with SoundHound management's view of the market and the prospects for SoundHound. Use of Non-GAAP Financial Measures This Presentation includes certain financial measures not presented in accordance with generally accepted accounting principles ("GAAP"). Therefore, these non-GAAP financial measures should not be considered in isolation or as an alternative to net income, cash flows from operations or other measures of profitability, liquidity or performance under GAAP. SoundHound believes that these non-GAAP measures of financial results (including on a forward-looking basis) provide useful supplemental information to investors about SoundHound. SoundHound's management uses forward-looking non-GAAP measures to evaluate SoundHound's financial and operating performance. However, there are a number of limitations related to the use of these non-GAAP measures and their nearest GAAP equivalents, including that they exclude significant expenses that are required by GAAP to be recorded in SoundHound's financial statements. In addition, other companies may calculate non-GAAP measures differently, or may use other measures to calculate their financial performance, and therefore, SoundHound's non-GAAP measures may not be directly comparable to similarly titled measures of other companies. A reconciliation of the non-GAAP financial measures used in this Presentation to their nearest GAAP equivalent is included in the appendix to this Presentation. However, to the extent that forward-looking non-GAAP financial measures are provided, they are presented without a reconciliation of such information to the most comparable GAAP measure. Use of Data: The data contained herein are derived from various internal and external sources. No representation is made as to the reasonableness of the assumptions made within or the accuracy or completeness of any projections or modeling or any other information contained herein. Any data on past performance or modeling contained herein are not an indication as to future performance. Important Information for Investors: This Presentation does not purport to contain all information which may be material to an investor and recipients of this Presentation should conduct their own independent evaluation and due diligence of Archimedes and SoundHound. Each recipient agrees, and the receipt of this Presentation serves as an acknowledgment thereof, that if such recipient determines to engage in a transaction with Archimedes, its determination will be based solely on (i) the terms of the definitivemerger agreement relating to such transaction, (ii) the terms of the definitive subscription agreement, and, (iii) the recipient's own investigation, analysis and assessment of SoundHound and the Business Combination. Neither Archimedes nor SoundHound intend to update or otherwise revise this Presentation following its distribution and neither Archimedes nor SoundHound makes any representation or warranty, express or implied, as to the accuracy or completeness of any of the information contained in this Presentation after the date of the Presentation. Participants in Solicitation: Archimedes and SoundHound and their respective directors and executive officers, under SEC rules, may be deemed to be participants in the solicitation of proxies of Archimedes' shareholders in connection with the Business Combination. Investors and security holders may obtain more detailed information regarding the names and interests in the Business Combination of Archimedes' directors and officers in Archimedes' filings with the SEC. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies to Archimedes' shareholders in connection with the Business Combination is set forth in the proxy statement/prospectus on Form S-4 for the Business Combination, which is expected to be filed by Archimedes with the SEC. This Presentation is not a substitute for the proxy statement/prospectus or for any other document that Archimedes may file with the SEC in connection with the Business Combination. INVESTORS AND SECURITYHOLDERS ARE ADVISED TO READ THE DOCUMENTS FILED WITH THE SEC CAREFULLY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and shareholders may obtain free copies of other documents filed with the SEC by Archimedes through the website maintained by the SEC at www.sec.gov. INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. 3 ©2021 SoundHound Inc.#4SoundHound + Archimedes A strong combination of business, financial, and technical leadership SoundHound Inc. Keyvan Mohajer Founder & CEO ARCHIMEDES Technical founder and entrepreneur 20+ years of experience scaling companies $280M raised SVBJ top 40 under 40 90+ patents filed PhD, Stanford University SoundHound Inc. O Renault: CSO Samsung: CTO and SVP of Innovation Apple: co-author of Siri's core patents. HP: Chief Technologist Dr. Luc Julia Independent Director SAMSUNG NUANCE SRI International Nitesh Sharan CFO Dr. Eric R. Ball Chairman of the Board Global public company finance leader Formerly CFO of Global Operations, Nike. Led teams at HP and Accenture. MBA Northwestern University NIKE p accenture Artificial Intelligence Investor - C3.ai: CFO Oracle: SVP / Treasurer ORACLE flex CISCO AT&T Mike Zagorsek COO Brent Callinicos Special Advisor Technology veteran and operations leader Operations, marketing, and growth Previously at Square, Apple, and OgilvyOne Square OgilvyOne Technology Investor Virgin Hyperloop One: CFO and COO Uber: CFO Google: Treasurer, Vice President Microsoft: Treasurer, Vice President Microsoft Google Uber Virgin hyperloop one ©2021 SoundHound Inc.#5SoundHound Inc. Investment Highlights Best-in-Class Voice Al Technology With Over 15 Years of Development and Innovation Fully integrated voice Al solution including cloud, embedded, and hybrid solutions Industry-leading Speech-to-Meaning® and Speech-to-Text technology surpassing competitors in speed, accuracy, and complexity Leading Independent Voice Al Platform Strongest global choice for custom branded voice assistants vs. a "big tech" product takeover, resulting in strong positioning and adoption Large technical barriers to entry makes it impractical for new players to enter the market In Production at Scale With Global Brands and Over 1B Queries Projected in 2021 Custom voice assistants live in Mercedes-Benz, Hyundai, Honda, Pandora, Snapchat, White Castle, Vizio, and more 10x growth in Houndify traffic in the past 2 years, 2x in ~6 months, and projected to surpass 1B annual queries in 2021 $100M+ Bookings Backlog and Unparalleled Strategic Partnerships Across Industries $1B+ of overall annual revenue forecast within 5 years, with a large portion from existing customers Combined reach of over 2B users through strategic partners and investors Massive $160B+ Total Addressable Market 75B connected devices worldwide by 2025¹ Over 8B voice assistants projected by 2024² Robust and Foundational IP 227 patents granted or pending Includes Speech Recognition, Natural Language, Machine Learning, and more Experienced and Visionary Management Team Deep technical expertise and proven track record of constant innovation and value creation Long-tenured team with deep expertise and proven ability to attract and retain the best talent (1) Statista projected number by 2025, (2) Juniper: Voice Assistant Market (April 2020) 5 ©2021 SoundHound Inc.#6Company Overview Creating the next disruption in human-computer interfaces SoundHound Inc.#7"This is Insane!" Number 1 post on Reddit with 2+ million views in one day http://www.youtube.com/watch?v=px7d3tukjes 7 ©2021 SoundHound Inc.#8Our Vision )) A conversational voice Al platform that: exceeds human capabilities delivers value and delight to end users creates an ecosystem with billions of products enables innovation and monetization opportunities for product creators. 8 ©2021 SoundHound Inc.#9The World Is Evolving into a Voice-Enabled Reality Voice Al is poised to create the next major disruption in computing Computers Keyboard, mouse, screen Every company needed a website ‒‒‒‒‒‒‒‒ Mobile Touchscreen Every company needed a mobile presence Voice Al loT, hands-free, ambient TODAY: Every company needs a voice strategy and a path toward its own central voice Al Interfaces are integrated & multimodal ©2021 SoundHound Inc.#10Massive Market Opportunity for Voice Al Total Addressable Market (2026E)¹ Banking Contact Center lot pol $160B+ TAM Healthcare Auto 18888 Retail di Hospitality Enterprise 10 90% Of new vehicles globally are projected to have voice assistants by 2028² 8B+ Number of voice assistant devices in use to overtake world population by 2024¹ 22 ** 75B Connected devices worldwide by 20253 AAAA 94% Of large companies expect to use voice Al in two years4 1. Juniper: Voice Assistant Market (April 2020) 2. Navigant: The rise of the in-car digital assistant 3. Statista: (IoT) connected devices installed base worldwide from 2015 to 2025. 4. Pindrop Study Ⓒ2021 SoundHound Inc.#1175 Billion loT Products Untapped Limited or no interface Voice Al unleashes the power of the Internet to users Voice Al brings products to life Voice Al converts loT to AloT Source: Statista projected number by 2025 VR Ⓒ2021 SoundHound Inc.#12Technology Leaders Disrupted Markets and Expanded Upon Them Microsoft Disrupted desktop computing • Operating system Business value for Product Creators Market Cap: $2.6T . Google Disrupted Internet search Keyword bidding Business value for Advertisers Market Cap: $2.0T . • Disrupted mobile Monetization platform Business value for Developers Market Cap: $2.5T amazon Disrupted commerce E-commerce optimized for Customers Business value for Merchants Market Cap: $1.8T ● 12 SoundHound Inc. Positioned to be the leader in Human-Computer interaction and the next generation of search monetization Disrupting Human-Computer Interfaces Billions of products with voice Al Conversational interactions ● Reactive and proactive engagement 227 patents with 35 patents in conversational monetization Business value for Product Creators, Advertisers, Developers, and Merchants Proven adoption with 10x growth in Houndify traffic in the past 2 years ©2021 SoundHound Inc.#13Growing Void and Demand for an Independent Voice Al Platform The Rise of Independent Disruptors Focused resources Fueled by Al democratization of computing platforms Beating the legacy giants twilio zoom Square stripe Roku airbnb shopify slack Uber Voice Al from Big Tech Conflict of interest Hidden agenda Learn and compete Product takeover Loss of brand autonomy and data Voice Licensing Legacy Players Dated technology Outdated expensive business model Rigid contracts Low attachment to product success 4/12/2021: Microsoft acquisition of Nuance for $19.7B 13 SoundHound Opportunity Disruptive Technology Custom voice assistants Proprietary domains and services Control of customer data Defined privacy policies No conflict of interest Innovation and monetization opportunities ⒸHOUNDIFY Ⓒ2021 SoundHound Inc.#14Established Growth and Adoption With Significant Pipeline An inflection point in our global reach and scale VIZIO SoundHound Inc. Company Founded 2005 Viral Demo: "This Is Insane" Stealth Voice Al Innovation 2015 HOUNDIFY Platform 2016 HYUNDAI KIA 2017 Mercedes-Benz A motorola PEUGEOT VAUXHALL Deutsche Telekom CITROËN OPEL DS AUTOMOBILES ankI HARMAN SAMSONE COMM 2018 14 O pandora HONDA The Power of Dreams C 2019 mastercard. Snap Inc. White Castle SONIC 2020 100M Monthly Houndify Queries 2x in ~ last 6 months Multiple customer announcements forthcoming 2021+ 38 languages Global scale Revenue acceleration Monetization platform ©2021 SoundHound Inc.#15Global Presence and Language Reach Roadmap for 38 languages and 114 acoustic variations Available Now English (US) English (UK) English (AU) English (India) Spanish Spanish (Mexico) Portuguese Portuguese (Brazil) French French (Canada) German Dutch Italian Korean Japanese Mandarin (China) Russian Polish Swedish Arabic Turkish Hebrew Roadmap Cantonese Czech Croatian Danish Farsi (Persian) Finnish Greek Hindi Hungarian Indonesian Norwegian Romanian Slovak Slovenian Thai Ukrainian Vietnamese 8 Global Company With 9 offices and Teams in 16 Countries North America Santa Clara, CA (HQ) San Francisco Boulder Toronto 15 South America Argentina Brazil Europe Paris Berlin Italy Turkey Netherlands Sweden Russia Poland Asia Beijing Tokyo Seoul UAE ©2021 SoundHound Inc.#16SoundHound Inc. Leadership Long-tenured team with deep expertise and proven ability to attract and retain the best talent Keyvan Mohajer Founder & CEO Majid Emami Co-Founder & VP Engineering James Hom Co-Founder & VP Products Nitesh Sharan CFO Mike Zagorsek COO Technical founder and entrepreneur 20+ years of experience scaling companies PhD, Stanford University Co-Founder Executive leading technology R&D PhD, Stanford University • Co-Founder Executive leading all products • B.S. Computer Science, Stanford University Global public company finance leader Formerly CFO of Global Operations, Nike. Led teams at HP and Accenture. MBA Northwestern University Technology veteran and operations leader Operations, marketing, and growth Previously at Square, Apple, and OgilvyOne 16 Tim Stonehocker CTO Lisa Flattery VP Marketing Kamyar Mohajer VP Corporate Strategy & Int'l Expansion Amir Arbabi VP Business Development Warren Heit VP Legal & General Counsel Angeline Tucker VP People & Culture Audio recognition algorithms, search technologies, and scalable systems B.S. Comp. Science, M.A. Music, Stanford Previously at Amazon/A9 Integrated marketing and advertising leader Previously Senior Partner at Ogilvy & Mather in NYC, Chicago, and London Seasoned executive in law, business, music, and computer science Leads partnerships, operations, legal, and expansion strategies Business development leader Former corporate attorney (VLG) • B.A. Economics, Stanford University J.D. Law, Harvard University Experienced technology attorney Previously Partner at White & Case for 18 years as Global Technology Attorney HR leader with global experience Previously held multiple VP HR roles at Dell and Sapient ©2021 SoundHound Inc.#17Backed by Leading Strategic and Financial Investors Over $280M raised from a cross-industry group of multinational investors with a combined reach of over 2B users Select Strategic Investors Tencenti NVIDIA SAMSUNG LINE NAVER Mercedes-Benz DAIMLER NOMURA orange htc ki Note Includes $15M of convertible debt converted at merger event. HYUNDAI Midea Sompo Japan Nipponkoa RECRUIT 17 Select Financial Investors Walden VC Sprout Stage™ Investors KPCB KLEINER PERKINS CAUFIELD BYERS P AMIDZAD COTA CAPITAL GLOBAL CATALYST PARTNERS TRANSLINK CAPITAL The Private Shares Fund A KEY TO PRIVATE INNOVATION Pear Felicis Ventures SIGNATURES CAPITAL ©2021 SoundHound Inc.#18Technology Overview Breakthrough innovation with established adoption and growing momentum SoundHound Inc.#19Strong Cross-Industry Adoption and Integration ND 12- 19 http://www.youtube.com/watch?v=1BjV_cE1RQO Tuesday, Oct 13 Clear 70°F 866% Doin Fountain Valley 88 9:13AM Tue, Oct. 13 Go Back Speaking... Hyundai ©2021 SoundHound Inc.#20Adoption From Market Leaders Custom branded voice assistants powered by Houndify Mercedes-Benz "Partnering with SoundHound Inc. and integrating such a natural, conversational voice interface in our vehicles, allows the driving experience to become even more intuitive." HYUNDAI pandora HARMAN A SAMSUNG COMPANY "Sophisticated voice recognition and Al integration are core to effectively providing drivers with the massive content and data that future connected vehicles have to offer." "With Pandora Voice Mode, we're introducing a more natural and conversational way for listeners to discover new music, and enhance their app experience. It's like getting recommendations from a friend who really knows you." "Harman partnering with SoundHound Inc. allows hospitality providers to deliver a simple and pleasurable in room experience for guests, whether it's controlling the room environment or using it for concierge services." 20 m Select Products In Market ● Mercedes: MBUX (multiple models) Hyundai: Dynamic VR (multiple models) Kia: Seltos, K5 Honda: e (EV), Jazz Snapchat: Voice Scan Pandora: Voice Mode VIZIO: Smart TV Voice Remote White Castle: Voice Al Drive Through Sonic: Voice Al Ordering Deutsche Telekom: Magenta Speaker Anki: Vector Robot ©2021 SoundHound Inc.#21Technology Breakthroughs Unmatched innovations in voice Al SPEECH Speech-to-Meaning® SPEECH AUTOMATIC SPEECH RECOGNITION SPEECH TO MEANING™ NATURAL LANGUAGE UNDERSTANDING MEANING MEANING Deep Meaning UnderstandingⓇ Weighted Patterns Speech or Text Context Large Data Structures Deep Meaning Understanding™ Neural Networks 21 Programming Instructions Meaning Statistical Models Collective AIⓇ Ⓒ2021 SoundHound Inc.#22Speech-to-MeaningⓇ Breakthrough technology that understands speech like humans Typical technologies use a two-step process: Speech-to-text and then text-to-meaning Humans don't convert speech to text then process the text into meaning - they do it one step Like humans, Speech-to-Meaning Ⓡ combines Automatic Speech Recognition and Natural Language Understanding automatically in real time Dramatically increased speed and accuracy SPEECH 22 TRADITIONAL APPROACH AUTOMATIC SPEECH RECOGNITION SPEECH TRANSCRIPTION NATURAL LANGUAGE UNDERSTANDING WITH HOUNDIFY SPEECH TO MEANING™ MEANING MEANING ©2021 SoundHound Inc.#23Deep Meaning UnderstandingⓇ Enabling natural and complex conversations ✓ Understands complex conversations Understands context Automatically creates a searchable space and allows dynamic changes Lightning fast searches that avoid early classifications Real time speech or text input Executes code in real time Scalable Weighted Patterns Speech or Text Context Large Data Structures Deep Meaning Understanding™ Neural Networks 23 Programming Instructions Meaning Statistical Models Show me hotels in San Francisco that are less than $600 but not less than $300, are pet friendly, have a gym and a pool, with at least 3 stars, staying for 2 nights, and don't include anything that doesn't have wi-fi. Here are seve Sort by lowest price. tels matching your criteria. Showing 2 results sorted by lowest price. "What if I check in tonight and stay for 2 nights?" Showing 1 result for September 10, staying for 2 nights ©2021 SoundHound Inc.#24Collective AIⓇ A global Al that knows the answer to any question and can perform any task Extensible platform for developer collaboration to create a global Al that is always learning and is larger than the sum of its parts: Interconnected domains and knowledge graphs Crowdsourced to domain experts Intelligence increases exponentially based on linear contribution Full flexibility for contributors and product creators 1 24 I th #p all h. 1. [1] 8 11 i $ O 10 1. http://www.youtube.com/watch?v=e0z2ZVMling i 1 ♫ ©2021 SoundHound Inc.#25Competitive Advantage Speech-to-Meaning Ⓡ (Real-Time ASR+NLU) Basic NLU Deep Meaning UnderstandingⓇ (Complex Conversation Support) NLU Platform Collective AIⓇ: Extensible Platform Dual Hybrid Technology Embedded Offline Recognition Hundreds of Domains Monetization Revenue Custom Wake Word/Multi Wake Word Own Your Brand/Experience Complete Offering Independent and Platform Agnostic Custom Solutions and Support "Big Tech" 1 "Big Tech" 2 25 "Big Tech" 3 Legacy Vendors ř "Big Tech" 4 HOUNDIFY Ⓒ2021 SoundHound Inc.#26Strong Patent Protection 227 Patents: 81 granted, 146 pending -- Err Machine Learning X 2000 Speech Recognition D) Natural Language Human Interfaces Platform and Tools Advertising Consumer Electronics Audio and Music ASR accuracy, SLMs, AM training, pronunciations, phrase spotting, EOU detection, speech attribute detection Domains, grammars & phrasings, parsing & interpretation, slot values, disambiguation & modal dialog, query API access, response information, transcriptions Neural networks & training, statistical modeling, embeddings & dimensionality reduction, crowdsourcing, recommendation, database management, prediction, privacy Microphone, displays, device states, engagement, TTS voices, query cut-offs, personalization, conversations, searching, filtering Platforms, SDKS, developer interfaces, content/data providers Ads, profiling, thoughts & concepts, monitoring, bidding, buying/purchasing, payments Portable devices, wearable devices, automobiles, appliances, offline capabilities Fingerprinting & music recognition, broadcast & source identification, lyrics synchronization, sing/hum recognition 26 Ⓒ2021 SoundHound Inc.#27Houndify Ecosystem Extends Product and Brand Value Three use case categories combine to unlock the value of loT products and generate revenue • Core product use cases • Expands beyond limited/complex UI • Cloud or Edge/On-device •Access global content • Broader utility beyond physical form factor • Direct-to-consumer commerce • Instant high-value transactions • Higher margins offering specialized products (no intermediary) • Repeat user revenue Core Expanded Monetized 27 "Go back 30 seconds" "Add this show to my favorites" "What will the temperature be at noon?" "Who won the baseball game last night?" "I'd like to order some pizza for delivery" "I need to order a sound bar for my bedroom" ©2021 SoundHound Inc.#28Financial Overview Growth in usage fuels financial momentum and strengthens go-to-market strategy SoundHound Inc.#29Accelerating Growth in Houndify Queries Delivering 100M+ monthly queries with a total of 1B expected in 2021 as products continue to launch and usage grows 125M 100M 75M 50M 25M OM 2016 Monthly Houndify Queries 2017 2018 29 2019 2020 6/2021 Doubled in ~6 months Ⓒ2021 SoundHound Inc.#30Growth In Bookings Provides a Foundation For Revenue Growth Bookings backlog expected to double year-over-year Forecasted Rev. by Cust. Relationship (% gr rev) 100% of projected revenue in 2021 is driven by existing customers Existing customers continue to generate over 40% of forecasted revenues in 2024 100% 96% 4% 2021E 2022P 66% 34% 2023 P New 46% 54% 35% 65% 27% 73% 2024P 2025P 2026P Existing Proj. Annual Bookings Backlog & Gross Revenue Bookings are represented by multi-year contracts generating ongoing annual revenue. Backlogs result from projected bookings combined with remaining billings from existing bookings. Bookings projections limited to 2023 based on pipeline forecast. $16 $8 $59 $13 2019A 2020A $140 $20 2021E $296 $30 2022 P $460 $110 2023 P $297 2024P $635 2025P (in millions) $1,164 2026P ■Cumulative Bookings Backlog Total Gross Revenue 30. ©2021 SoundHound Inc. Source: Management estimates. Note: Revenue projections for existing customers include contract renewal, geographic expansion, and search monetization [1] Bookings backlog projections limited to 2023 based on pipeline projections. [2] Backlog calculation based on cumulative new bookings minus revenue associated with the booking within the calendar year.#31Three Revenue Generation Pillars Established royalty and subscription revenues creating an ecosystem of voice advertising and commerce Houndified Products Voice-enabled products across automotive and consumer electronics (IoT) 1. Royalties . Based on volume, usage, and life • Revenue per device / user • Revenue per device / unit of time Products REVENUE SHARE I Houndified Services Customer service, food ordering, content, appointments, and voice commerce 2. Subscription • Monthly fees based on usage-based revenue . Revenue per query • Revenue per user / unit of time Services y de 31 REVENUE Houndified Ads + Commerce Revenue from users of Houndified products accessing Houndified services and advertising 3. Monetization • Intent-based ad model • Commissions on ordering . • High value focused targeting • Revenue share with customers Replace cost with future revenue . IMPRESSIONS Voice Ads LEADS Voice Commerce Ⓒ2021 SoundHound Inc.#32Monetization Growth Increased usage incentivizes growth in monetized services Users make queries and transact more frequently Monetization Flywheel Houndify gets revenue share and innovates Services and domains get increased revenue and are attracted to the platform Products get revenue share and increasingly offer more services 32 Compound Market Impact Monetization improves adoption Free or reduced cost to implement . improves adoption by products and services And increases TAM Increased monetization revenue opportunities post-adoption increases the TAM ©2021 SoundHound Inc.#33Projected Revenue Contribution by Category Commentary Three revenue "pillars" generating compounded growth: 1. Royalty revenue from Houndified products Includes cars and loT products. 2. Subscription revenue from Houndified services Includes customer service, food ordering, reservations, appointments, and voice commerce. 3. Monetization revenue from users of Houndified products accessing Houndified services and advertising. Lead generation and repeat transaction revenue with advertising Revenue shared with product creators Creates compound impact of increasing adoption and Total Addressable Market (TAM) Source: Management estimates Revenue projections align with all other reports in this presentation. 33 Contribution by Revenue Category 88% 7% 5% 2021 E 75% 9% 16% 37% 35% 28% 25% 41% 34% 19% 44% 37% (% gross revenue) 2022E 2023E 2024E 2025E Monetization Subscription Royalty 13% 42% 45% 2026E Ⓒ2021 SoundHound Inc.#34Extensive Selection of Voice Al Content and Services Available as white label with full redistribution rights Select Content Domain Partners Uber iHeart MEDIA FLIGHTSTATS audiobooks BigOven. expedia group here CustomWeather Taking the World By Storm. OO Tin Bu sportradar Parkopedia eventseeker AccuWeather yelpas xignite Houndify Responds With the Best Content Domain "Will it be raining at 3pm on Friday near the Golden Gate Bridge?" 34 "How long can I drive when the gas light comes on?" "Is Air Canada flight #757 on time today?" "Text Alex on mobile, 'I am running late."" "What does the check engine light mean?" (!) wwwwww Y1 "My tire is low, what is the PSI I need to fill it up to?" "How do I turn on my windshield wipers?" "Show me nearby restaurants open now, excluding Italian." "Navigate me to the first one." "Only show me the ones that are at least 3 stars." ©2021 SoundHound Inc.#35Robust Projected Growth Profile Summary Financials Bookings (2) [3] % Growth Gross Revenue % Growth Net Revenue % Growth Gross Profit % of Gross Revenue (¹) Adj. EBITDA % of Gross Revenue 2019A 2020A 2021E $24 $8 $8 $3 41.2% ($56) $54 122.2% $13 69.6% $13 69.6% $7 55.0% ($50) $100 $180 85.2% 80.2% I $20 I 54.7% 54.7% $15 I I $20 I $28 74.0% 2022P 2023P ($73) $30 46.9% I 41.3% | I I $22 75.4% ($101) $243 35.1% $110 $297 $635 271.1% 170.5% 113.7% $255 $533 $98 244.9% 159.7% 109.0% $84 2024P 2025P 77.0% ($88) $226 76.2% $6 2.1% (in millions) 2026P $191 30.1% $1,164 83.4% $939 76.3% $479 $844 75.4% 72.5% $471 40.5% Source: Management estimates. Note: Bookings, forecasted Gross Profit, and Adj. EBITDA are non-GAAP measures. Forecasted Gross Profit excludes depreciation and amortization. Financials audited in accordance with PCAOB auditing standards. (1) Declininggross profit margins beginning 2023 due to projected monetization revenue shared with customers as monetization partnerships accelerate.[2] Bookings and revenue projections in this table align with all other reports in this presentation [3] Bookings projections limited to 2023 based on pipeline projections 35 ©2021 SoundHound Inc.#36Gross Monetization - Implied Revenue Per User Historical Industry KPIs SoundHound Projection Aggregate Monetization per User / Year SoundHound's projected revenue per device is conservative relative to Facebook and Google's historical figures $0.3 $1 $2 $3 2022P 2023P 2024P 2025P $3+ 2026P I I I I I I I I I I I I I I I I I I I I I I I I I I I T I I I Facebook (Global) ARPU Facebook (US) ARPU: $164 $4 $5 $5 2011 A 2010A 2012A $7 2013A $10 CAGR: 23% 2014A 2015A $16 $12 2016A Source: Management estimates, Company materials, Wall Street research, and online sources. Note: SoundHound assumes average of 1 user per device during the forecast period. Google user count estimated to grow with world population. 36 $20 2017A $29 $25 2018A $32 2019A 2020A Google (Global) ARPU Google (US) ARPU: $281 $8 2010A $11 2011 A $14 $12 2012A 2013A $16 2014A CAGR: 16% $21 $18 2015A 2016A $30 $25 2017A 2018A $34 2019A $37 2020A Ⓒ2021 SoundHound Inc.#37SoundHound's Undeniable Criteria For Adoption Technology Brand Control Financial Ecosystem Privacy Control Conflict of Interest Edge Hybrid Differentiation and Innovation Outdated Legacy Lose brand Big Tech Incur Cost Legacy Limited Domains Legacy Low Privacy Big Tech Conflict Big Tech Cloud Only Big Tech Low Legacy Current Big Tech Legacy Free, with Repercussions Big Tech Self-Serving Big Tech Legacy Neutral Vendor Legacy Legacy Self-Serving Big Tech Disruptive Houndify Independent/White Label Houndify Generates Revenue Houndify Collective Al Houndify Control Privacy Houndify Fully Aligned Partner Houndify Cloud + Edge Houndify Custom Innovation Houndify 37 Breakthrough Houndify Voice Al technology with 5+ year lead on competition Houndify offers full control over brand, users, and data Through Houndify's unique monetization strategy, companies can integrate Houndify Voice Al at no cost and generate revenue Public and private customizable domains offer the broadest range and flexibility for voice Al integration Full privacy control through Houndify allows companies to establish trust with customers Houndify does not compete with its customers (whereas big tech has an agenda to learn, compete, and take over the product) Houndify offers embedded on-device technology for always-on voice interaction with a seamless connection to the cloud for optimized interaction Houndify Voice Al innovation is focused on delivering the greatest value for third-party integration Ⓒ2021 SoundHound Inc.#38Transaction Overview SoundHound Inc.#39Transaction Overview (in millions, except per share figures) Sources & Uses Sources of Funds SoundHound Rollover Equity SPAC Cash in Trust PIPE Proceeds Total Sources Uses of Funds SoundHound Rollover Equity Estimated Fees & Expenses Cash to Balance Sheet Total Uses 2023P Gross Revenue 2024P Gross Revenue Pro Forma Revenue Multiples Pro Forma Enterprise Value/2023P Gross Revenue Pro Form a Enterprise Value/2024P Gross Revenue $2,000 133 111 $2,244 $2,000 25 219 $2,244 $110 297 18.8x 7.0x Share Price Pro Forma Shares Outstanding Pro Forma Equity Value Less: Pro Forma Net Cash Pro Forma Enterprise Value Pro Forma Valuation Pro Forma Ownership 4.9% O 87.5% 1.8% 5.8% SoundHound SPAC Public $10.00 228.6 $2,286 OPIPE SPAC Founder and Underwriter (219) $2,067 Note: Assumes no redemptions from SPAC trust account and assumes new shares are issued at a price of $10.00. Pro forma shares outstanding includes 13.30 million SPAC Public shares, 3.33 million SPAC Founder shares, 0.42 million SPAC Underwriter shares, 0.42 million SPAC Founder and Underwriter private placement shares, 11.10 million PIPE shares, and 200.00 million rollover shares to existing SoundHound shareholders (with assumed options and warrants based on the treasury stock method). Excludes impact of 6.86 million outstanding warrants with a strike price of $11.50 and excludes awards reserved under the new equity incentive plan and employee stock purchase plan to be adopted in connection with the closing. Pro forma ownership reflects economic rights; stock issued to SoundHound's three founders may be high-vote stock, subject to negotiation with and approval of the Special Committee of the Board of Directors and approval of Company Stockholders. 39 ©2021 SoundHound Inc.#40Attractive Valuation Relative to Revenue and Revenue Growth TEV/ Revenue Revenue CAGR SoundHound 2024P Revenue 7.0x SoundHound 2021E-2024P Revenue 145% SoundHound 5XF 34.1x 20.4x 20.3x 54% snowflake nVIDIA monday.com the TradeDesk 44% Disruptive Al and Monetization 2024P Revenue 40% 19.5× snowflake .monday.com shopify 39% Snap Inc. 16.3x shopify 2021E-2024P Revenue 33% T TESLA Roku 29% € twilio 10.9x zoom 29% theTradeDesk 40 Source: Management estimates, Company materials, Wall Street research, CapitallQ, and FactSet as of 11/12/2021. Note: Nuance multiple reflects trading as of market close on the day prior to the announced acquisition by Microsoft. Nuance forecasts reflect management estimates. 8.8x Ⓡ twilio 26% TESLA Average: 15.6x 8.3x Snap Inc. 20% 5.7x Average: 33% zoom Roku 15% NVIDIA Incumbent Voice Al 2024P Revenue 7.2x NUANCE 22% 6.4x 2021E-2024P Revenue cerence Cerence 17% NUANCE ©2021 SoundHound Inc.#41Attractive Valuation Relative to EBITDA and Profitability TEV/ EBITDA EBITDA Margins SoundHound 2025P EBITDA 10.8x SoundHound 2025P 2026P EBITDA EBITDA 40% 30% SoundHound 87.5× shopify 43% 67.5× NVIDIA 35% theTradeDesk zoom 47.2x 45.6x T TESLA Disruptive Al and Monetization 2024P EBITDA 35% Snap Inc. theTradeDesk 30% 30.8x NVIDIA zoom 26% I 28.8x T TESLA Roku 2024P EBITDA 20% 23.6x Roku Snap Inc. 19% S shopify NM Average: 47.3x NM NM //.monday.com snowflake NM ΝΑ Average: 30% 11.monday.com><snowflake twilio ΝΑ twilio Incumbent Voice Al 2024P EBITDA 19.1x NUANCE 39% 16.6x 2024P EBITDA cerence cerence 38% II NUANCE 41 ©2021 SoundHound Inc. Source: Management estimates, Company materials, Wall Street research, CapitallQ, and FactSet as of 11/12/2021. Note: Nuance multiple reflects trading as of market close on the day prior to the announced acquisition by Microsoft. Nuance forecasts reflect management estimates. NM indicates multiples are greater than 100.0x or less than 0.0x or indicates that margins are less than 0%. NA indicates the underlying data is unavailable.#42Significant Near Term Value Creation Opportunity Peer Group 2022 Valuations TEV/2022P Revenue Average: 11.0x 10.0x cerence 25.6x 10.3x cerence (1) NUANCE Incumbent Voice Al Average: 32.0x 31.4x TEV/2022P EBITDA (1) NUANCE 12.7x Incumbent Voice Al (2) NUANCE Acquisition 38.9x (2) NUANCE Acquisition 28.2x Disruptive Al & (3) Monetization 70.0x Disruptive Al & (3,4) Monetization Illustrative SoundHound Value Creation Opportunity Present Value at Peer Valuations (5) Future value calculated based on outlined forward multiples applied to 2026E Revenue and EBITDA, discounted 20% annually to December 31,2021 Transaction Value ($ in billions) $2.1 Revenue EBITDA 3-9x Increase $8.5 $5.5 Incumbent Voice Al 10 - 15x 25 - 35x $18.0 $15.0 Disruptive Al & Monetization 27-32x 65 - 75x Source: Management estimates, Company materials, Wall Street research, CapitallQ, and FactSet as of 11/12/2021. Note: Nuance revenue and EBITDA forecasts reflect management estimates. (1) Multiple reflects trading as of market close on the day prior to the announced acquisition by Microsoft. (2) Multiple reflects Microsoft's cash offer price of $56.00 per share. (3) Disruptive Al and Monetization peer average includes Monday.com, NVIDIA,, Roku, Shopify, Snap, Snowflake, Tesla, Trade Desk, Twilio, and Zoom. (4) Excludes EBITDA multiples above 100.0x or below 0.0x. (5) Present value assuming valuation multiples applied to 2026P Revenue and EBITDA, 12/31/2021 valuation date and 20% discount rate. 42 ©2021 SoundHound Inc.#43Significant Medium to Long Term Value Creation Opportunity ($ in billions) SoundHound is the only independent provider of Voice Al across industries with a scalable monetization model $2.1 SoundHound $37 Roku $50 $53 theTradeDesk twilio $74 zoom Source: Management estimates, Company materials, Wall Street research, and FactSet as of 11/12/2021. $91 $136 Snap Inc. snowflake 43 $205 shopify $769 NVIDIA $927 $1,247 T TESLA $1,815 amazon $1,917 G ©2021 SoundHound Inc.#44Appendix SoundHound Inc.#45Non-GAAP Reconciliations Adj. EBITDA Reconciliation GAAP Operating Income / (Loss) Non-GAAP Adjustments Plus: Depreciation & Amortization Plus: Stock-Based Compensation Plus: Change in Warrant Liability Plus: Amortization Of Debt Issuance Costs Plus: Change in Fair Value of Derivative Liability Plus: Loss Upon Extinguishment of Debt Less: Deferred Income Taxes Adj. EBITDA Source: Company financials.. 45 2019A ($65) 5 οωσ 3 I ($56) (in millions) 2020A ($66) 6 1 1 1 4 (2) ($50) ©2021 SoundHound Inc.#46Recent Strategic Developments Strategic Partnership with Oracle In August 2021, SoundHound entered into a strategic partnership with Oracle Corporation (“Oracle”), a leading global cloud infrastructure provider, to accelerate its global expansion Increases availability of SoundHound's services to existing and prospective customers Accelerates research and development and training of Artificial Intelligence (Al) models Oracle has committed to an investment in the PIPE 46 ©2021 SoundHound Inc.#47Significant Lead in Voice Al Technology and Adoption 47 Voice Al technology has high barriers to entry ● ● ● Requires years of R&D Very few competitors Unlikely new players Many industry giants have tried and not succeeded Houndify maintains its technology lead on competition, with proven adoption and established global scale ©2021 SoundHound Inc.#48KK Diversity in Voice Al AIE AMA קוד ACER 48 Our world will be filled with smart devices and robots But they will not all have the same name We will have multiple assistants, with different names, varying expertise and unique personalities We will be living in a multi-assistant world, all connected to one Collective Al - a central source of broad knowledge ©2021 SoundHound Inc.#49Example Monetizable Scenario USER I'm hungry HOUNDIFY User orders food $ Transaction REST- AURANT CAR 49 I found several restaurants near your next exit. The first result is White Castle. I can take your order now and have it ready for pick up or deliver to your house. Would you like to hear top items on their menu? $ Recommendation An enhanced ecosystem-based monetized voice Al model creates compound annual revenue opportunities ©2021 SoundHound Inc.#50Future Reality: Personalized Experience for Houndify users Unified and across products creates value across the ecosystem (reg Contact Center Emotion Detection + Healthcare $ Banking loT O Personalized preferences Transaction history Auto Biometric ID EQ Hospitality Retail Voice Biometrics ● . Allows for personal identification Works across Houndify products Voice Password Combine with speaker ID/biometrics to create two-factor authentication Emotion Detection 50 A more tailored empathetic experience Leveraged to offer more targeted monetizable offers Visual Wake Face tracking, body tracking, and audio channelling can create more natural interactions Always Listening Free from turn-based conversations, Houndify interactions happen organically Multi-Zone Audio Can better differentiate multiple speakers, especially in automotive Working with biometrics, can identify unique individuals Real-Time Translation Speak and receive responses in any language Houndify acts as a universal translator Dynamic TTS Responds and sounds like a real person Payment and Fulfilment Voice-based ordering Audiovisual Search "Tell me about this building" "What's that store across from me?" ©2021 SoundHound Inc.#51In-car sentence accuracy In different conditions. Test performed by Houndify automotive customer. (%) Large Tech Company Houndify 0 km/h 89% 95% 60 km/h 81% 90% 51 105 km/h 58% 78% 120 km/h 33% 66% Ⓒ2021 SoundHound Inc.#52SoundHound Inc. Houndify Everything ARCHIMEDES November 2021 FOR **** 40 Gos E (()) Good 2000 CO Ⓒ2021 SoundHound Inc.

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