Q3-22 EARNINGS PRESENTATION

N O V _ 9 _ 2 0 2 2

FORWARD LOOKING

STATEMENTS

INFORMATION ABOUT KEY OPERATING AND FINANCIAL METRICS AND NON-GAAP FINANCIAL MEASURES

Statements in this presentation regarding future performance and future expectations, beliefs, goals, plans or prospects include forward looking statements for purposes of federal and state securities laws, including statements regarding ACV's avenues for long term growth and total addressable market expansion, our financial guidance for the fourth quarter and full year of 2022, and 2026 financial targets, and operational and product strategy. Any statements that are not statements of historical fact (including statements containing the words "believes," "plans," "anticipates," "expects," "intends" or "estimates" or similar expressions) should also be considered to be forward-looking statements. These forward looking statements are subject to risk and uncertainties and involve factors that could cause actual results to differ materially form those expressed or implied from such statements. A discussion of the risks and uncertainties related to our business is contained in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2022 filed on November 9, 2022 and other fillings and reports that we may file from time to with the Securities and Exchange Commission. Our remarks during today's discussion should be considered to incorporate this information by reference. We do not intend, and undertake no obligation, to update any forward-looking statements.

This presentation contains estimates and other statistical data made by independent parties and us relating to data about our industry. This involves a number of assumptions and limitations, and you are cautioned not to give undue weight to such data. Neither we nor any other person makes any representation as to the accuracy or completeness of such data or undertakes any obligation to update such data after the date of this presentation.

This presentation refers to certain operating and financial metrics that are not calculated in accordance with U.S. generally accepted accounting principles or GAAP. These non-GAAP financial measures are in additional to, and not as a substitute or superior too, measures of financial performance in accordance with GAAP. Reconciliations of the non-GAAP measures, including Adjusted EBITDA to net loss and non-GAAP operating expenses to GAAP operating expenses are included in the appendix to this presentation.

01

HIGHLIGHTS

George Chamoun

C H I E F E X E C U T I V E O F F I C E R

Q 3 - 2 2 _ E A R N I N G S

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HIGHLIGHTS

Q3-21

$92M Revenue

YoYRevenue

36% Growth

$2.0B GMV

Marketplace

141K Units

Q3-22

$105M

15%

$2.1B

133K

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MAXIMIZING LONG - TERM

SHAREHOLDER VALUE

GROWTH

INNOVATION

SCALE

Transforming the automotive market with

Leveraging technology to extend ACV's

Proven business model delivering

the leading digitally native, data-driven

competitive moat and to create additional

growth at scale, with attractive

platform, creating the most trusted and

growth vectors with an expanding suite of

Marketplace cohort dynamics, and

efficient marketplace in the industry.

innovative products and data services.

long-term operating leverage.

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ACV Auctions Inc. published this content on 09 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2022 21:18:41 UTC.