Slide 1: Shutterstock Acquisition of Pond5
May 11, 2022 Shutterstock Acquisition of Pond5
Slide 2: Forward-Looking Statements
Forward-Looking Statements Proprietary and confidential 2 This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking. Examples of forward-looking stateme
Slide 3: Acquisition of the largest video-first content marketplace
Acquisition of the largest video-first content marketplace: Brand of choice for filmmakers, media companies and marketers worldwide Differentiated royalty-free and editorial content with >30 million licensable video clips Large and growing blue-chip customer base 100% acquisition for all cash consider
Slide 4: Pond5: Create Without Limits
Proprietary and confidential Pond5: Create Without Limits (click on video) 4
Slide 5: World's largest online marketplace for royalty-free video
World’s largest online marketplace for royalty-free video for the creative community: >30 million licensable video clips 115,000+ contributors across the world 15,000 new videos daily 125,000 active customers, including rapidly growing social media platforms, VoD streaming services and production co
Slide 6: Pond5 Has Diverse Customer Base That Includes Top Global Brands
Pond5 content can be found just about anywhere, including feature films, TV series, documentaries, ads and corporate presentations Customer relationships are highly complementary with Shutterstock, with minimal overlap Pond5 Has Diverse Customer Base That Includes Top Global Brands Illustrative Pond
Slide 7: Pond5 Acquisition Allows Shutterstock to Benefit from Key Trends Driving Video Demand
Non-professionals are Empowered to Create Professional Quality Video Content 8 in 10 businesses anticipate selling products or services via social platforms by 2024 50 million amateur and professional video content creators in the Creator Economy Pond5’s larger concentration of creative enthusiasts
Slide 8: Pond5 Enables Shutterstock to Expand its Fast Growing Video Business
Pond5 Enables Shutterstock to Expand its Already Fast Growing Video Business +86 Video Subscription Growth 28% FLEX Usage High consumption of video content within Flex products reflects strong demand from SMBs More Spend with Video Enterprise customers who consume video spend 3x more than customers
Slide 9: Pond5 Strengthens Shutterstock's Presence in Editorial
Pond5 Strengthens Shutterstock’s Presence in Editorial Pond5 brings unique and high-quality content partnerships that will expand Shutterstock’s editorial presence Proprietary and confidential 5
Slide 10: Transaction Details and Financial Impact
Transaction Details and Financial Impact Consideration & Financing ■ Total purchase consideration of $210 million on a cash-free / debt-free basis ■ Closing effective on May 11 ■ Entered into $100 million revolver concurrent with the acquisition to allow for further M&A and general corporate purpose