Falcon's Beyond Global, Inc. · NASDAQ:FBYD
Falcon's Beyond Global — SPAC Merger (July 2022)
48 slides from Falcon's Beyond Global's SPAC merger presentation, Jul 12, 2022
Slide 1: Investor Presentation: Turning imagined worlds into reality
Investor Presentation Turning imagined worlds into reality July 2022 © 2022 Falcon’s Beyond Global, LLC. All Rights Reserved. Scan to visit Falcon's Beyond Investor Relations Webpage falconsbeyond. com
Slide 2: Disclaimer and Forward Looking Statements
This Presentation and any oral statements made in connection with this Presentation do not constitute an offer to sell, or a solicitation of an offer to buy, or a recommendation to purchase, any securities in any jurisdiction, or the solicitation of any vote, consent or approval in any jurisdiction
Slide 3: Index
© 2022 Falcon’s Beyond Global, LLC. All Rights Reserved. PG. 3 INDEX Executive Summary pg.4 Business Overview Falcon's Creative pg.11 Business Overview Falcon's Destinations pg.22 Transaction Overview & Benchmarking pg.41 pg.34 Business Overview Falcon's Brands SECTION SECTION SECTION SECTION SECTIO
Slide 4: Executive Summary
EXECUTIVE SUMMARY SECTION 1 The Desirata Œ is the powerful cosmic source behind the mythical happenings in Katmandu ®
Slide 5: Overview: FAST II
Overview: FAST II (NYSE: FZT) Management team with substantial hospitality expertise • $222M SPAC raised in March 2021 with a specific focus on hospitality and related sectors • Public markets experience with deep understanding of shareholder value creation • Particular value - add with partnerships
Slide 6: Investment Thesis
Lost Chambers Aquarium at Atlantis Sanya Scott Demerau and Cecil D. Magpuri Conceptual illustration of Katmandu Park Punta Cana entrance Investment Thesis Falcon’s Beyond is a leader in intellectual property creation and expansion with a track record spanning 22 years executing over $100 billion wor
Slide 7: Today's Presenters
Today's Presenters • Founded Falcon's Treehouse, later rebranded as Falcon's Creative Group in 2000 as President and CCO • Led Falcon's efforts on master planning and design projects totaling over $100 billion • Named inventor of multiple patents granted to Falcon's across the globe for technologies
Slide 8: Falcon's Beyond overview
Bà Nà Hills French Village, Vietnam Conceptual aerial rendering of Falcon's Beyond Destination Conceptual illustration of Cadim and the Monster Wave • Master planners, attraction designers, digital content providers, and experiential technology innovators • 22 - year track record including over 30 i
Slide 9: Industry awards
2021: • Bronze Telly Award - Online Series (Animation) – Mattel's "Enchantimals Sparkle Spectacular!" (Season 1) • IAAPA Brass Ring Award - “Best New Product: Exhibitions, Shows/Production, Theatrical Equipment and Supplies, Displays and Sets” – Becoming Jane: The Evolution of Dr. Jane Goodall • TEA
Slide 10: Internal Brand Leaders and Brand Advisors
Internal Brand Leaders Brand Advisors Chairman of SJ Philips Investments / Board Member of Falcon’s Beyond President and CEO of Epic Story Media President of Digital Media at Falcon’s Beyond Founder and Co - CEO of HUGE! Play Executive Vice President of Creative Development at Falcon’s Beyond Co - F
Slide 11: Business Overview: Falcon's Creative
Boro the Yeti Œ is the Desirata’s fiercest defender FALCON'S CRE A TIVE SECTION 2A ∙ BUSINESS OVERVIEW
Slide 12: Falcon's Creative: master planning, design, digital media, technology
Bà Nà Hills French Village, Vietnam Film image of Halo: The Ring Experience Turtle Trek Spheron Theater A leader in master planning, theme park design, digital media, and experiential technologies • Now focusing our expertise and technology inward on our own IPs and destination experiences • Proacti
Slide 13: Strong History of Success
Cartoon Network zone at IMG Worlds of Adventure National Geographic Encounter Aquaventure Waterpark Atlantis Sanya Strong History of Success Over 20 year track record of expanding recognized IPs into the themed entertainment space • Master planned and executed over $100 billion of themed experiences
Slide 14: Proven Track Record Around the World
Proven Track Record Around the World Innovative Master Plans Atlantis Sanya is China’s premiere ‘Underwater World’ - inspired entertainment destination resort, located on Hainan Island at Haitang Bay. Falcon’s was proud to be selected to provide thematic and interior master planning design services
Slide 15: Captivating Media, Experiential Restaurants & Retail
Captivating Media Experiential Restaurants & Retail Becoming Jane : The Evolution of Dr . Jane Goodall Services provided: Media Production, Sound Production, Interactive Experiences, VR / AR Content Development Client: National Geographic Society Location: Washington D.C., USA Becoming Jane exhibiti
Slide 16: Award Winning Technology Already Deployed Globally
Award Winning Technology Already Deployed Globally Falcon’s attractions utilizing our proprietary technology have received some of the most coveted industry awards of excellence Spheron Theater puts guests in the center of the action, surrounding them with edge - blended, high - definition video con
Slide 17: Laboratory for Entertainment-Driven Technology
Interactivity | Storytelling variety | Easy to retrofit | Accessibility friendly Falcon’s is a Laboratory for Entertainment - Driven Technology Our extensive work - for - hire experience has provided an outlet for our existing technologies and fueled our passion to expand upon an already substantial
Slide 18: Qiddiya engagement
Conceptual rendering of Qiddiya Master Plan Conceptual illustration of Qiddiya Water Theme Park Conceptual illustration of Qiddiya Water Theme Park Qiddiya Investment Company has selected Falcon's Creative Group as a major designer for the disruptive destination Qiddiya, the "capital of Entertainmen
Slide 19: Falcon's Services Over the Life of a Project
Opening Illustrative Falcon's Services Over the Life of a Project Overall theme park development timeline: 4 – 5 years Master Planning Attraction Design Media Production Project Management Creative Guardianship Ride Procurement & Installation Creative Programming 1. Pre - Concept Planning 2. Concept
Slide 20: Full Concept Master Plans: potential scope and average fees
5 Full Concept Master Plans Potential Scope (Based on projects currently engaged) Average Fees Per Theme Park Aggregate Master Planning Services $4M $20M Project Management Services $23M $115M Attraction Design Services $18M $90M Falcon's Product Hardware Sales $73M $365M Falcon's Product Media Prod
Slide 21: Pre-Concept Master Plans, Hotels and Creative Guardian
3 9 1 Pre - Concept Master Plans Falcon's is actively developing the Pre - Concept Master Plan for three unique theme parks, each offering the potential for future scope for subsequent phases of master planning, attraction design, and other services Hotels In 2022, Falcon's is finalizing the full Co
Slide 22: Business Overview: Falcon's Destinations
SECTION 2B ∙ BUSINESS OVERVIEW FALCON'S DE S TIN A TIONS Merala, Rani of Azurlan, has earned her people’s respect through strong leadership and an unwavering commitment to equality
Slide 23: Falcon's Beyond Destinations
JV - owned Sol Tenerife Hotel Conceptual illustration of Katmandu Park Punta Cana entry Conceptual rendering of Falcon's Central RD&E Hotel Small - Footprint Theme Park 1 Falcon's Resort 3 2 Katmandu Park Falcon's Central Retail, Dining & Entertainment Venue Falcon's Beyond Destinations will compris
Slide 24: Entertainment with Rooms strategy
Paradisus Playa del Carmen JV Owned Sol Katmandu Park & Resort, Mallorca Paradisus Gran Cana • Designing, owning, and operating hotels, theme parks, and retail, dining, and entertainment venues in established beach destinations • Through our joint venture (JV) partnership with Meliá Hotels Internati
Slide 25: Meliá Joint Venture
Gran Meliá Palacio de Isora, Tenerife Paradisus Playa del Carmen Paradisus Punta Cana Resort Meliá Joint Venture Joint venture with global hotel group provides significant benefits and validates our story • Meliá is one of the world's largest leisure hoteliers, with more than 350 properties across 4
Slide 26: Katmandu Mallorca Historical Success
Katmandu Park Mallorca, Spain Katmandu Mallorca Historical Success Our first Katmandu Theme Park in Mallorca, Spain provides successful proof - of concept for our “Entertainment with Rooms” strategy • Katmandu Theme Park Mallorca opened in 2007 • Prior to the global pandemic, our park averaged over
Slide 27: Destination markets: Punta Cana, Tenerife, Playa del Carmen
Punta Cana Tenerife Playa del Carmen (1) Falcon’s Destinations Hotel Keys 500 500 640 Annual Tourists (Includes Vacation Rental) 3.5M 8.4M 12.5M (2) Average Hotel Occupancy 76% 75% 77 – 78% Typical Length of Hotel Stay 8 – 9 Days 7 – 8 Days 5 – 6 Days Length of Tourism Season Year - round Year - rou
Slide 28: Katmandu Theme Park
Conceptual illustration of SpectraVerse attraction Conceptual illustration of Suspended Theater attraction Conceptual illustration of Carousel attraction Conceptual illustration of ON!X Theater attraction Conceptual illustration of 4D Dark Ride attraction Conceptual illustration of Expedition Golf a
Slide 29: Falcon's Central
Conceptual rendering of Falcon's Central Conceptual rendering of Falcon's Central Designed to: • Act as the signature venue residing at the epicenter of Falcon's Destinations merging retail, dining, and entertainment • Connect guests with brands through a multitude of entertainment experiences, amen
Slide 30: Attractions to be featured at Falcon's Central
Attractions to be featured at • Original virtual adventure embracing discovery, edutainment, and conservation • Learn about our planet in ways never thought possible • The experience expands across entertainment, education, and consumer products • An experiential edutainment venue • Connects guests
Slide 31: Illustrative Meliá Joint Venture Return Profile
Illustrative Meliá Joint Venture Return Profile • Target leverage of 40% – 45% loan - to - value; we expect to take advantage of Meliá’s longstanding banking relationships to secure attractive borrowing terms Anticipated Combined Meliá JV Performance of First Three Locations’ Cruise Year (1) : Punta
Slide 32: Attributable Cash Flow Anticipated to Generate a 36% Pre-Tax ROE
($ in millions) Three Locations Attributable Meliá JV (3) Cash Flow $63 Falcon's Beyond Global Pre - Tax Return on Equity 36% Attributable Cash Flow Anticipated to Generate a 36% Pre - Tax ROE • Falcon’s Central’s attraction mix is designed as a modular entertainment offering, allowing for phased de
Slide 33: Anticipated Capital Deployment: Sources and Uses
(1) Equity investment contemplates secured leverage of 40 - 45% loan - to - value at the property level. Anticipated Capital Deployment Use of cash from transaction and future operations to fund expansion of high - ROI Falcon's Destinations locations through 2024 Sources Uses Conceptual rendering of
Slide 34: Business Overview: Falcon's Brands
SECTION 2C ∙ BUSINESS OVERVIEW FALCON'S BRANDS An eccentric, charismatic explorer, Kilgore Goode Œ is one of our story’s heroes
Slide 35: Falcon's Brands
Conceptual illustration of VQUARIUM Conceptual renderings of Katmandu characters Conceptual illustration of CADIM & the Monster Wave Falcon’s Brands Deployment and monetization of owned and partnered brands • We are developing expansive universes that can be franchised into multiple forms of enterta
Slide 36: Brand Expander Methodology
Brand Expander Methodology A proprietary growth platform that seeks to leverage all three of our business segments which would allow us to aggressively pursue brand development and generate ROI faster than our competitors VS Consumer Products Destinations 1 2 3 7 8 9 10 YEAR 4 5 6 Entertainment Cont
Slide 37: Global Entertainment Content Strategy
Image from Katmandu marketing video Katmandu merchandise Global Entertainment Content Strategy Transmedia storytelling, with core canon built into and across video content, is expected to provide vast expansion opportunities, such as: • Expanded universes • Stories optimized for maximum reach • Stor
Slide 38: Owned Brands
Owned Brands Our brands include expansive universes that can be franchised into many forms of entertainment Additional owned brands include: BIPOC hero and spiritual surfer, generational tale of tradition and diaspora Discovery, edutainment, conservation Conceptual renderings of Katmandu characters
Slide 39: Key Brand Partnerships
Key Brand Partnerships Strategically partnered with leading developers and distributers of brands to further power our monetization engine Moonbug Entertainment • Falcon’s will expand two of Moonbug’s beloved children’s digital brands, CoComelon and Blippi, through new immersive edutainment experien
Slide 40: The Synergistic Effect
The Synergistic Effect Proprietary content brands, attraction technologies, and operational know - how combined with premier partnerships Brand Exposure Brand Creation Brand Realization & Monetization The characters and stories from our brands are combined with our proprietary technology to design…
Slide 41: Transaction Overview & Benchmarking
SECTION 3 TRANSACTION OVERVIEW & BENCHMARKING Kilgore’s loyal best friend, Busby , is an intelligent robot with human characteristics
Slide 42: Transaction Overview
Pro Forma Common Ownership SPAC Shareholder Incentives Sources Pro Forma Valuation Overview Transaction Overview Note: Sources and uses, pro forma valuation, and pro forma common ownership figures assume no public SPAC shareholders redeem and exclude warrants, Falcon’s Beyond shareholder earnout, an
Slide 43: SPAC Shareholder Incentives
(1) Volume - weighted average share price of Class A Common Stock must reach $14.30 for at least 20 out of 30 consecutive trading days. (2) Bonus pool shares capped once effective cost basis reaches $9.20. SPAC Shareholder Incentives • Public SPAC shareholders will have half of each share owned auto
Slide 44: Peer Operational Benchmarking
Peer Operational Benchmarking Source: Company filings and S&P Capital IQ as of July 2022. Note: Figures reflect non - GAAP metrics. Falcon’s Beyond figures are based on an attributable basis including 50% of Meliá joint ventures based on a 1.10 USD/EUR exchange rate. SECTIO N EXECUTIVE SUMMARY TRANS
Slide 45: Peer Valuation Benchmarking
Peer Valuation Benchmarking Source: Company filings and S&P Capital IQ as of July 2022. Note: Figures reflect non - GAAP metrics. Falcon’s Beyond figures are based on an attributable basis including 50% of Meliá joint ventures based on a 1.10 USD/EUR exchange rate. SECTIO N EXECUTIVE SUMMARY TRANSAC
Slide 46: Risk factors notice
All references to the “company,” “we,” “us,” or “our” refer to the business of Falcon’s Beyond Global, LLC. The risks listed below are certain of the general risks related to the business of the company, FAST Acquisition Corp. II (“FAST II”), and the proposed transactions between the company and FAS
Slide 47: Summary Risk Factors
SUMMARY RISK FACTORS Risks Related to Our Intellectual Property: Theft of our content, including digital copyright theft and other unauthorized exhibitions of our content, may decrease revenue received from our programming and adversely affect our business and profitability. Our intellectual propert
Slide 48: Contact Info
Falconsbeyond.com Global Headquarters: Orlando, FL USA © 2022 Falcon’s Beyond Global, LLC. All Rights Reserved. Concept art subject to change. Keil Decker - Managing Director D: 646 - 677 - 1854 C: 917 - 226 - 2241 keil.decker@icrinc.com Contact Info: