Content Expansion and Diversification Strategy slide image

Content Expansion and Diversification Strategy

48279281.5 • • . . • • • . Rumble may fail to comply with applicable privacy laws. Rumble operates across many different markets both domestically and internationally which may subject it to cybersecurity, privacy, data security, data protection, and online content laws with uncertain interpretations, as well as impose conflicting obligations on Rumble. The international nature of the Potential Business Combination may create complexities that limit Rumble's ability to optimize its corporate structure in the future. Rumble is subject to cyber security risks and interruptions or failures in Rumble's information technology systems and as it grows and gains recognition, it will likely need to expend additional resources to enhance Rumble's protection from such risks. Notwithstanding Rumble's efforts, a cyber incident could occur and result in information theft, data corruption, operational disruption and/or financial loss. Ongoing and additional investments in cybersecurity and content review may identify abuses of Rumble's platforms and misuse of user data. Inadequate technical and legal intellectual property (IP) protections could prevent Rumble from defending or securing its proprietary technology and IP. Rumble may be found to have infringed on the IP of others, which could expose Rumble to substantial losses or restrict its operations. Rumble may face liability for hosting content that allegedly infringes on a third-party copyright or violates certain laws. Rumble may face liability for hosting a variety of tortious or unlawful materials uploaded by third parties, notwithstanding the liability protections of section 230 of the Communications Decency Act. Rumble may face negative publicity for removing, or declining to remove, certain content, regardless of whether such content violated any law. User-generated content could affect the quality of Rumble's services and deter current or potential users from using its platforms. -2-
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