A Paradise Acquisition Corp. · NASDAQ:APAD

A Paradise Acquisition — SPAC Merger (March 2026)

46 slides from A Paradise Acquisition's SPAC merger presentation, Mar 4, 2026

Slide 1: Analyst Presentation $APAD // $ENHA
4 March 2026 ANALYST PRESENTATION $APAD // $ENHASTRICTLY CONFIDENTIAL
Slide 2: Proposed transaction notice and additional information
This communication relates to a proposed transaction involving A Paradise Acquisition Corp., a British Virgin Islands business company (˝A Paradise˛) and Enhanced Ltd (˝Enhanced˛). This communication does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange
Slide 5: Executive Team
Executive Team Emily Tabak Chief Legal Officer Overseeing all legal affairs and compliance, managing risk Previously, General Counsel, Vivid Seats and Datt Chris Jones Chief Communications Officer Driving the internal and external communications of Enhanced, shaping its public image and ensuring str
Slide 7: Using Inspiration + Innovation To Empower
Using Inspiration + Innovation To Empower Enhanced Games OpenLoop The Thesis All rights reserved | ENHANCED 2026 Personalized Supplements Concierge Coaching Digital Tools & Platforms Specialty Lodging Entertainment / Content Lifestyle Personalized Rx Protocols IRB & Research Data Global Imagination
Slide 8: Why Enhanced Wins
Male 95% Why Enhanced Wins 03 Flywheel02 Data01 Brand Performance, Not Just a Pill The Only Real-World Enhancement Dataset Content That Will Pay for Itself Most telehealth brands operate like digital pharmacies. They compete on price, focus on single indications, and donˇt build culture. Weˇre build
Slide 9: Sports Isn't the Core Business
Sports Isnˇt the Core Business Itˇs our customer acquisition and growth engine. 01 Live Event & Broadcast The Games will run annually in Las Vegas, distributed for free on YouTube and with Tier 1 partners. We expect broad earned media coverage to be watched by millions. 02 Awareness & Trust at Scale
Slide 11: What Does It Mean To Live Enhanced?
What Does It Mean To Live Enhanced? To Live Enhanced is to choose progress. For some, that means hormone therapy, longevity protocols, and peptides. For others, it starts with supplementation and coaching. Where one sits on that spectrum is personal. The Enhanced product journey began with hormone t
Slide 12: The Clinical Engine Behind Enhanced
The Clinical Engine Behind Enhanced Enhanced Games OpenLoop 12 Our expert advisors are the brains powering a proprietary, scalable infrastructure for precision medicine. Architect of the Longer+ and Stronger+ clinical logic. Expert in integrating regenerative medicine into daily performance protocol
Slide 13: Our Narrative: The Performance Era
Our Narrative: The Performance Era OpenLoop 13 Traditional wellness treats deficiencies and calls getting back to baseline a success. Enhanced is focused on the ceiling: using clinical science to unlock maximum biological potential. Weˇre moving away from reactive healthcare. Our mission is to build
Slide 14: Hitting Zeitgeist in a Growing Industry
Hitting Zeitgeist in a Growing Industry Enhanced Games OpenLoop 14 Note(s): Global Addressable Markets for 2025 & 5-Yr. CAGR; Source(s): 1) Grandview & FnF Research: Global dietary supplements market; 2) Grandview: Globel GLP-1 receptor agonist market; Markets&Markets: Global GLP-1 agonists market;
Slide 15: The End of Generic Wellness: The Performance Era
15 An intelligence-led platform currently asset-light for speed, with a roadmap to vertically integrate the performance supply chain. +EnhancedLegacy SupplementsLegacy Telehealth Unlock the ceiling: Performance optimization Deficiency correction Symptom / indication treatment Biomarker + data-driven
Slide 16: Enhanced Performance Products
Enhanced Performance Products 01Supplements 03Womenˇs Health 04Roadmap 02Enhancement Protocols 16Live Enhanced: Enhanced Performance Products All rights reserved | ENHANCED 2026
Slide 17: Personalized Supplements
Personalized Supplements OpenLoop Complete a bloodpanel and / or a short questionnaire that covers lifestyle, goals, and key health factors. 01 - Assess your baseline Designed to support energy, recovery, and sleep. 02 - Receive a tailored formula Consistent support. One simple habit with long-term
Slide 18: Foundational Supplements
Foundational Supplements Enhanced Games OpenLoop Goal: Immediate physical output and durability € Mechanism: Targets strength, power, work capacity, and recovery Hero ingredients: L-citrulline - 8,000mg, PeakATP - 400mg, (Creatine Monohydrate - 5mg Goal: Cellular renewal and healthy aging € Mechanis
Slide 19: Personalized Enhancement Protocols
Personalized Enhancement Protocols Enhanced Games OpenLoop 02 Understand patientsˇ goals and medical history to determine eligibility for a wide fundus of performance enhancements "` `In-Person Lab Test "` `At-Home Kit "` `At-Home Blood Testing Enhancements delivered to patientˇs home address & on g
Slide 20: Foundational Enhancement Protocols
Foundational Enhancement Protocols Enhanced Games OpenLoop 02 20 Support Hormonal Output: (Drive, vitality, and energy designed to outpace your current baseline Products include: (Testosterone Replacement Therapy (TRT) and Enclomiphene Biological Longevity: (Support cellular health and metabolic eff
Slide 21: Women's Health: The Precision Gap
Womenˇs Health: The Precision Gap 1993 Inclusion Mandate 8 yrs Diagnostics Lag OpenLoop 03 Solving for a market where 'One-Size-Fits-All' medicine has failed half the population. Our approach: precision by design, not afterthought. 01 Biological Profiling Integrating life stage, cycle patterns, and
Slide 22: OpenLoop Roadmap
OpenLoop Roadmap04 22 STAGE 1 STAGE 2 STAGE 3 STAGE 4 Live Enhanced: Enhanced Performance Products All rights reserved | ENHANCED 2026 Telehealth + OTC Launc Full personalization Women’s Rx Expansion Multi-form HRT (estradiol, progesterone, testosterone) Menopause management (Veozah, DHEA) Mood supp
Slide 23: D2C Early Signal & Market Validation
D2C Early Signal & Market Validation Enhanced Games OpenLoop Early performance data confirms brand resonance and multi-product adoption. Engagement Alpha (The Funnel) Metric AOV(Supplements Subscription Rate Product Stacking Projected $100 30-40% 1.2-1.4 Actual $118 50% 1.6 Performance Delta +18% +2
Slide 24: The Games & Content
The Games & Content All rights reserved | ENHANCED 2026 24 Making customer acquisition a profit center. THE GAMES Sponsorship, curated distribution, and a profitable event model. No ticket dependency. CONTENT MACHINE Documentary, athlete content, podcast, social - a self-sustaining media engine. FEE
Slide 25: How We're Different
How Weˇre Different 25 Proof of Concept (L Link) On February 25, 2025, Kristian Gkolomeev set a new 50m Freestyle World Record after three weeks of enhancement. Seven weeks later, he broke the World Record again competing in a regulation swimsuit. He was awarded a life-changing $1M bonus and is now
Slide 26: The Enhanced Performance Team
The Enhanced Performance Team Aquatics 2x World Champion. NCAA Team Champion. American Record-Holder. Aquatics 3x Olympic Medallist. 2x World Champion. 1x European Champion. Aquatics 1x World Medallist. 3x European Medallist. Megan Romano Benjamin Proud Marius Kusch Within the broader pool of athlet
Slide 27: Training Camps
Training Camps The Enhanced Games hosts two elite training camps for the Enhanced Performance Team ahead of May 2026, combining athlete preparation with health testing, content capture, and brand integration. When September - December 2025 When January - May 2026 What Athlete Training & Baseline Ass
Slide 29: The Enhanced Games: Las Vegas, May 2026
The Enhanced Games is a global, annual competition that celebrates and advances human potential through safe, transparent enhancement, offering fair play, record pay, unmatched athlete care, and a Super Bowl level half-time show. Who 46 elite athletes 2,500 in-person spectators The Killers performin
Slide 30: Enhanced Games: Competition Overview
Enhanced Games: Competition Overview Swimming 18 Athletes 50m, 4-lane competition pool 50m€Free (M&W) + WR $1M 100m€Free (M&W) + WR $250k 50m Backstroke (M) + WR $250k 50m / 100m Butterfly (M) + WR $250k 50m / 100m Breaststroke (M) + WR $250k Track 150m, 6-lane track 60m Showcase (M) 40m Showcase (M
Slide 31: Monetization
Monetization PARTNERS Two Confirmed. More in Pipeline. Zoop and Cali Water are committed. 30+ active discussions across Crypto, Timekeeping, Tech, Apparel, Automotive, and Wearables. Partners get reach. We get brand validation and funding. Confirmed: Zoop + Cali Water DISTRIBUTION Free to the World.
Slide 32: The Enhanced Content Engine
The Enhanced Content Engine 32 The annual Games sit at the apex of our year-round content strategy to fuel our stories across social and streaming. Enhanced Games tentpole event Athletic showcase events Premium signature series Brand + athlete social Content drives our Enhanced Performance products
Slide 33: Content Ecosystem Examples
33 Enhanced Games Athlete Showcase Events Thorˇs Deadlift Challenge Premium Series Brand and Athlete Social Thor Bjornsson athlete reveal social campaign Behind the Scenes of Training Camp video series History of Human Enhancement Enhanced Games event Video Podcast Series Enhanced Games ˝Enhanced Cu
Slide 34: Enhanced Creators
Enhanced Creators Enhanced Performance Team - Weightlifting Instagram: 4.4M followers TikTok: 1.6M Hafþór "Thor" Björnsson Enhanced Performance Team - Swimming Instagram: 136K followers Brett Hawke Enhanced Performance Team - Music Instagram: 313K followers TikTok: 269.2K Odeal Insert video (spliced
Slide 35: Organic Amplification Validated
Organic Amplification Validated Enhancements have captured cultural attention. "They're doing it - the Enhanced Games. I'm down. Let's see what a human being can do." Matt Damon · Joe Rogan Experience "I'm on Enhanced. I'm certainly utilizing modern science. I'm excited to see the Enhanced Games." P
Slide 36: Audience Momentum & Impact to Date
Audience Momentum & Impact to Date Views Explosion(Massive growth in Enhanced Games views across platforms to kick off 2026 Latest month / Feb. 2026: 92.1M views(+465% from Dec 2025(+118% from June 2025 +54% MoM from Jan to Feb 2026 +10% from May 2025 (50m free record break) 36 Instagram Facebook Yo
Slide 38: Our Data Moat
Our Data Moat In collaboration with an internationally recognized health authority, Enhanced is sponsoring and has received IRB approval for a groundbreaking clinical research study that will evaluate the effects of personalized, medically supervised performance-enhancing substances on elite athlete
Slide 39: The Problem We're Solving
The Problem Weˇre Solving Elite Sport Academic Research Longevity Clinics There is no regulated, high-resolution, real-world environment where: Human performance biology can be studied prospectively Genomics can be linked to live intervention-response data AI models can be trained on longitudinal en
Slide 40: Cross-Pollination and Continuous Iteration of Consumer Products
Cross-Pollination and Continuous Iteration of Our Consumer Products Regulated Research Performance Intelligence Layer Consumer Products Consumer Health Clinical Trial Datasets Study Protocols Regulatory Dat Performance Metrics Genomic Profiles Enhancement Data Phenotypin Continuous iteration of line
Slide 41: Financials
All rights reserved | ENHANCED 2026 Financials 41 A forecast grounded in peer research. THIRD PARTY-VALIDATED METHODOLOGY Primary and secondary research across telehealth, supplement, and live events. KPIs benchmarked against comparable companies at equivalent stages. GAMES FLYWHEEL BUILT INTO THE M
Slide 42: Key Company Financial Projections
Key Company Financial Projections $107 $140 $68 $31 $175 $52 $152 $300 150% CAGR 141% CAGR $57 $357 na 205% 90% (64%)87% 24%84% 42% Revenue Growth % Gross Margin % EBITDA Margin % Gross Profit ($m) EBITDA ($m)Net Revenue ($m) 104% $48 $10 $16 2026E 2026E 2026E 2027E 2027E 2027E $42 ($37) $151 Prescr
Slide 43: Expected Favorable Return on Marketing
Expected Favorable Return on Marketing 165k $15 $27 $55 44k 38k 55k 18k 426k 29% 13% 11% As % of Revenue Annual Marketing Spend ($m) LTV / CACSubscriber Base 2026E 2026E 2026E2027E 2027E 2027E 5.0x 3.0x 3.8k 3.0x 6.9x 2.8x Prescription Marketing & Advertising expenseOTC 2028E 2028E 2028E Prescriptio
Slide 44: P&L Forecast Overview
Source(s): Company Estimates P&L Forecast Overview Overview 2028E $357 104% $57 $300 84% $55 $35 $31 $28 $149 $151 42% 2027E $175 205% $23 $152 87% $27 $33 $26 $23 $110 $42 24% 2026E $57 na $5 $52 90% $15 $31 $23 $18 $88 ($37) (64%) 2025EEstimates $0 $4 $5 $4 $14 ($14) In million ($) Net Revenue Gro
Slide 45: Operational KPI Assumptions
Operational KPI Assumptions 500 Jan 26 Feb 26 Mar 26 Apr 26 May 26 Jun 26 Jul 26 Aug 26 Sep 26 Oct 26 Nov 26 Dec 26 Jan 27 Feb 27 Organic Baseline Baseline Baseline Baseline Conversion rate Organic Conversion rate Mar 27 Apr 27 May 27 Jun 27 Jul 27 Aug 27 Sep 27 Oct 27 Nov 27 Dec 27 Jan 28 Feb 28 Ma
Slide 46: Q&A
Q&A 4 March 2026$APAD // $ENHASTRICTLY CONFIDENTIAL

AParadise Acquisition — SPAC Merger (March 2026) on 6ix

A Paradise Acquisition — SPAC Merger (March 2026)

Slide 1: Analyst Presentation $APAD // $ENHA

Slide 2: Proposed transaction notice and additional information

Slide 3: Contents

Slide 4: Welcome

Slide 5: Executive Team

Slide 6: The Thesis

Slide 7: Using Inspiration + Innovation To Empower

Slide 8: Why Enhanced Wins

Slide 9: Sports Isn't the Core Business

Slide 10: Live Enhanced: Enhanced Performance Products

Slide 11: What Does It Mean To Live Enhanced?

Slide 12: The Clinical Engine Behind Enhanced

Slide 13: Our Narrative: The Performance Era

Slide 14: Hitting Zeitgeist in a Growing Industry

Slide 15: The End of Generic Wellness: The Performance Era

Slide 16: Enhanced Performance Products

Slide 17: Personalized Supplements

Slide 18: Foundational Supplements

Slide 19: Personalized Enhancement Protocols

Slide 20: Foundational Enhancement Protocols

Slide 21: Women's Health: The Precision Gap

Slide 22: OpenLoop Roadmap

Slide 23: D2C Early Signal & Market Validation

Slide 24: The Games & Content

Slide 25: How We're Different

Slide 26: The Enhanced Performance Team

Slide 27: Training Camps

Slide 28: The Enhanced Competition Complex

Slide 29: The Enhanced Games: Las Vegas, May 2026

Slide 30: Enhanced Games: Competition Overview

Slide 31: Monetization

Slide 32: The Enhanced Content Engine

Slide 33: Content Ecosystem Examples

Slide 34: Enhanced Creators

Slide 35: Organic Amplification Validated

Slide 36: Audience Momentum & Impact to Date

Slide 37: The Enhanced Medical Program

Slide 38: Our Data Moat

Slide 39: The Problem We're Solving

Slide 40: Cross-Pollination and Continuous Iteration of Consumer Products

Slide 41: Financials

Slide 42: Key Company Financial Projections

Slide 43: Expected Favorable Return on Marketing

Slide 44: P&L Forecast Overview

Slide 45: Operational KPI Assumptions

Slide 46: Q&A