Falcon's Beyond Global, Inc. · NASDAQ:FBYD
Falcon's Beyond Global — SPAC Merger (April 2023)
49 slides from Falcon's Beyond Global's SPAC merger presentation, Apr 5, 2023
Slide 1: Investor Presentation: Turning imagined worlds into reality
Investor Presentation Turning imagined worlds into reality April 2023 © 2023 Falcon’s Beyond Global, LLC. All Rights Reserved. Scan to visit Falcon's Beyond Investor Relations Webpage falconsbeyond. com
Slide 2: Disclaimer
This presentation (this “Presentation”) is provided for informational purposes only and has been prepared to assist interested parties in making their own evaluation with respect to a potential business combination among Falcon’s Beyond Global LLC (together with its subsidiaries, “Falcon’s”), Falcon
Slide 3: Index
© 2023 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.18 Transaction Overview & Benchmarking pg.34 pg.39 pg.28 Appendix Business Overview Falcon's Brands SECTION SECTION SECTION
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 • 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, mark
Slide 6: Investment Thesis
Lost Chambers Aquarium at Atlantis Sanya Scott Demerau, Simon Philips, and Cecil D. Magpuri Katmandu Park Punta Cana Investment Thesis Falcon’s Beyond is a leader in intellectual property creation and expansion with a track record spanning 23 years executing over $100 billion worth of story - driven
Slide 7: Today's Presenters
Today's Presenters • Served as CFO at Entertainment Technology Partners prior to joining Falcon’s Beyond • Was the Vice President of Finance and Corporate Controller at Hard Rock International for ten years • Spent more than eleven years as a senior manager at PwC, providing specialized audit and co
Slide 8: Business Overview
Business Overview Falcon's Beyond operates three segments that feed into each other to accelerate the business Theme Park, Hotel, and Retail Ownership & Operations Theme Park Master Planning & Design Monetization of Owned, Story - Based Properties Scan or click to view our Brand Video 1 2a 2b 2c 3 S
Slide 9: Projected EBITDA Contribution
Projected EBITDA Contribution: • Royalty and License Fees: Licenses owned and 3rd party story - based brands with Falcon’s physical locations • Substantial Upside Potential: Immaterial underwritten financial contribution within projection period, but potential for massive value creation with expandi
Slide 10: 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 11: 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 overview
Bà Nà Hills French Village, Vietnam Film image of Halo: The Ring Experience Turtle Trek Spheron Theater Lionsgate zone at MOTIONGATE Dubai Conceptual rendering of SpectraVerse Filming Hunger Games Panem Aerial Tour Courtesy of Lions Gate Entertainment Inc. Courtesy of Lions Gate Entertainment Inc. T
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: Current Project Pipeline
Current Project Pipeline Master Planning Attraction Design Media Production Ride Systems Executive Production Currently contracted projects naturally lead to continuing future scope and revenue • Currently, Falcon's has contracted 5 theme parks in full concept master plan and several additional park
Slide 15: Supporting current and future clients from concept to grand opening
Falcon's is able to support current and future clients from concept to grand - opening • 5 theme parks currently in full concept master plan stage includes potential development of: » Subsequent master planning design phases for 5 theme parks » Attraction design for 100+ attractions » Media producti
Slide 16: Laboratory for Entertainment-Driven Technology
Turtle Trek Spheron dome theater Conceptual rendering of CircuMotion Falcon's Vision AR headset Photo by Rebecca Hale/National Geographic for “Becoming Jane: The Evolution of Dr. Jane Goodall” exhibition organized by National Geographic and the Jane Goodall Institute. Conceptual illustration of Susp
Slide 17: Qiddiya
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 18: 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 19: Falcon's Beyond Destinations
JV - owned Sol Tenerife Hotel Katmandu Park Punta Cana Conceptual rendering of Falcon's Central RD&E Hotel Small - Footprint Theme Park Retail, Dining & Entertainment Venue 1 Falcon's Resort 2 Katmandu Park 3 Falcon's Central Falcon's Beyond Destinations will comprise: Falcon’s Beyond Destinations S
Slide 20: Falcon's Resorts with Meliá Hotels International
Gran Meliá Palacio de Isora, Tenerife Falcon's Resort by Meliá Punta Cana Paradisus Playa del Carmen Falcon's Resorts with Meliá Hotels International Joint Venture with Meliá – one of the world's largest leisure hoteliers with more than 345 properties across 40+ countries • Meliá's global presence a
Slide 21: Katmandu Theme Park
Promotional material for EtherQuest - SpectraVerse attraction Promotional material for Voyage of the Phantom Warrior - Suspended Theater attraction Promotional material for Wheel of Infinite Wonder - Carousel attraction Photo of guests riding Challenge of the Mad Mage - ON!X Theater attraction Photo
Slide 22: 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 23: Falcon's Destinations Footprint by 2025
• Most anticipated properties will consist of the existing hotel ( 50 % ownership), Katmandu theme park ( 50 % ownership), and Falcon’s Central ( 100 % ownership) • In most planned locations, Meliá will contribute existing properties and lead general construction efforts, allowing Falcon’s to focus
Slide 24: First Major Destination: Punta Cana
Katmandu Park Punta Cana Falcon's Resort by Meliá All Suites Punta Cana Punta Cana First Major Destination • Paradisus Grand Cana, a Meliá hotel in close proximity to Katmandu Park, was rebranded to Falcon’s Resort by Meliá in December 2022 • Falcon’s Resort by Meliá is one of two Punta Cana hotels,
Slide 25: Punta Cana Site Plan
Punta Cana Site Plan JV Hotel A Retail, Dining, Entertainment B Theme Park C Meliá Hotels D B C D A 2c 3 SECTIO N EXECUTIVE SUMMARY BUSINESS OVERVIEW FALCON’S DESTINATIONS BUSINESS OVERVIEW FALCON’S BRANDS 1 2a 2b BUSINESS OVERVIEW FALCON’S CREATIVE PG. 25 © 2023 Falcon’s Beyond Global, LLC. All Rig
Slide 26: Katmandu Park Punta Cana photos
Photo of guests on Challenge of the Mad Mage - ON!X Theater attraction Promotional material of Falcon's Resort by Meliá All Suites Punta Cana interactive wall Promotional material of Falcon's Resort by Meliá All Suites Punta Cana entry Photo of Katmandu Park Punta Cana merchandise Photo of Katmandu
Slide 27: DESTINATIONS BUSINESS OVERVIEW FALCON’S BRANDS 2a 2b BUSINESS OVERVIEW FALCON’S CREATIVE PG. 27
2c 3 SECTIO N EXECUTIVE SUMMARY BUSINESS OVERVIEW FALCON’S DESTINATIONS BUSINESS OVERVIEW FALCON’S BRANDS 1 2a 2b BUSINESS OVERVIEW FALCON’S CREATIVE PG. 27 © 2023 Falcon’s Beyond Global, LLC. All Rights Reserved. TRANSACTION OVERVIEW & BENCHMARKING APPENDIX
Slide 28: 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 29: Falcon's Beyond Brands
Conceptual renderings of Katmandu characters Featured on PBS Kids Focuses on expansion, execution, and monetization of proprietary and partnered brands through: PRIMARY MONETIZATION METHODS: • Entertainment Content Licensing • Consumer Products • Brand Licensing Fees Conceptual rendering of Katmandu
Slide 30: Internal Brand Leaders and Brand Advisors
Internal Brand Leaders Brand Advisors President 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 - Founder of Kids Industries SIMON PHILIPS
Slide 31: 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 Futuristic animal rescue featuring cybernetic
Slide 32: Key Brand Partnerships
Key Brand Partnerships Strategically partnered with leading developers and distributers of brands to further power our monetization engine Featured on PBS Kids • Falcon's plans to bring several award - winning children’s television programs into the physical realm • Properties such as Xavier Riddle
Slide 33: 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 34: Transaction Overview & Benchmarking
SECTION 3 TRANSACTION OVERVIEW & BENCHMARKING Kilgore’s loyal best friend, Busby , is an intelligent robot with human characteristics
Slide 35: Transaction Overview
Sources Pro Forma Valuation Overview Transaction Overview Note: Sources and uses, net proceeds to balance sheet, pro forma valuation, and pro forma common ownership figures reflect the redemption of 15,098,178 shares redeemed by public SPAC shareholders in connection with the extension vote and assu
Slide 36: SPAC Shareholder Incentives
SPAC Shareholder Incentives Transaction structure provides incentives for public SPAC investors through a bonus pool allocated among remaining SPAC common shareholders and Private Placement investors and by providing SPAC investors with structural seniority Convertible Preferred • Half of non - rede
Slide 37: Peer Operational Benchmarking
Peer Operational Benchmarking Revenue CAGR Source: Company filings, Wall Street research, FactSet, and Capital IQ as of April 3, 2023. Note: Figures reflect non - GAAP metrics. Falcon’s Beyond figures are based on an attributable basis including 50% of Meliá JV based on a 1.06 USD/EUR exchange rate.
Slide 38: Peer Valuation Benchmarking
Peer Valuation Benchmarking EV / Revenue Source: Company filings, Wall Street research, FactSet, and Capital IQ as of April 3, 2023. Note: Figures reflect non - GAAP metrics. Falcon’s Beyond figures are based on an attributable basis including 50% of Meliá JV based on a 1.06 USD/EUR exchange rate. 2
Slide 39: Appendix
APPENDIX Kilgore Goode & Busby
Slide 40: 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 41: Media, experiential and restaurant projects
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 42: Illustrative 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 43: Proprietary attraction technology
Suspended Theater is an ideal vessel for immersive storytelling. Exuding raw power as it takes riders soaring across epic adventures, this exciting product delivers the unique sensation of flight in a new way. Conceptual illustration of Suspended Theater 2 degrees of freedom | Exclusive theater reve
Slide 44: SpectraVerse and Game Bay
Interactivity | Storytelling variety | Easy to retrofit | Accessibility friendly SpectraVerse uses projection, tracking, and optical technologies to empower a joint social experience of individualized perspectives in a themed environment, without the need for a cumbersome headset. Conceptual illustr
Slide 45: Katmandu Park Mallorca, Spain
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 46: 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 47: Falcon's Destinations market data
Playa del Carmen (1) Tenerife Punta Cana 500 500 Falcon’s Destinations Hotel Keys 622 12.5M (2) 8.4M 3.5M Annual Tourists (Includes Vacation Rental) 77 – 78% 75% 76% Average Hotel Occupancy 5 – 6 Days 7 – 8 Days 8 – 9 Days Typical Length of Hotel Stay Year - round Year - round Year - round Length of
Slide 48: Additional information and definitions
All references to the “company,” “we,” “us,” or “our” refer to the business of Falcon’s Beyond Global, LLC prior to the consummation of the proposed business combination and the businesses of the combined company collectively following the consummation of the proposed business combination, as applic
Slide 49: Contact Info
Falconsbeyond.com Global Headquarters: Orlando, FL USA © 2023 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: