Markforged : Second Quarter 2022 Earnings Conference Call Supporting Slides

Leading the Future of Distributed

Manufacturing, Solving Critical

Supply Chain Problems Today

Second Quarter 2022

Earnings Call Supporting Slides

Investor PresentationAugust

2022

Disclaimer	2

Forward-LookingStatements. Certain statements in this presentation (the "Presentation") may be considered forward-looking statements. Forward-looking statements generally relate to future events or Markforged Holding Corporation's (the "Company's") future financial or operating performance. For example, statements concerning the following include forward-looking

statements: development plans for Markforged's products; Markforged's sales projections and financial estimates and projections; the size and growth of the additive manufacturing market; the adoption of Markforged's products in the manufacturing industry and other industries; the anticipated benefits of Markforged's acquisition of Digital Metal; and the potential effects of the SPAC merger on the Company. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expect", "intend", "will", "estimate",

"anticipate", "believe", "predict", "potential" or "continue", or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking statements. These forward-looking statements

are based upon estimates and assumptions that, while considered reasonable by the Company and its management, are inherently uncertain. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, various factors beyond management's control including the effects of the COVID-19 pandemic, general domestic and international economic and political conditions (including increased

inflation, interest rate increases and the potential for economic recession), the effects of the global supply chain disruptions, and other risks, uncertainties and factors set forth in the section entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in the Company's most recent periodic report on Form 10-K, as updated by the Company's

subsequent quarterly reports on Form 10-Q and other filings with the Securities and Exchange Commission ('SEC"). Nothing in this Presentation should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements in this Presentation, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary

statements herein. The Company undertakes no obligation to update these forward-looking statements, except as required by applicable law.

Market and Industry Data. Certain information contained in this Presentation relates to or is based on publications, surveys and the Company's own internal estimates and research. In addition, all of the market data included in this Presentation involves a number of assumptions and limitations, and there can be no guarantee as to the accuracy or reliability of such assumptions. Finally, while the Company believes its internal research is reliable, such research has not been verified by any independent source.

Use of Non-GAAPFinancial Metrics. This Presentation includes the non-GAAP financial measures of non-GAAP gross profit margin, and guidance for non-GAAP financial measures of non-GAAP gross margin, non-GAAP operating loss and non-GAAP earnings per share. These non-GAAP measures are an addition to, and not a substitute for or superior to, measures of financial performance prepared in accordance with GAAP and should not be considered as an alternative to net income, operating income or any other performance measures derived in accordance with GAAP. Reconciliations of historical non-GAAP measures to their most directly comparable GAAP counterparts are included in the Appendix to this presentation.

Markforged believes that these non-GAAP measures of financial results (including on a forward-looking basis) provide useful supplemental information to investors about Markforged. Markforged's management uses forward-lookingnon-GAAP measures to evaluate Markforged's projected financials and operating performance. However, there are a number of limitations

related to the use of these non-GAAP measures, including that they exclude significant expenses that are required by GAAP to be recorded in Markforged's financial measures. In addition, other companies may calculate non-GAAP measures differently, or may use other measures to calculate their financial performance, and therefore, Markforged's non-GAAP measures may not be directly comparable to similarly titled measures of other companies. Additionally, to the extent that forward-lookingnon-GAAP financial measures are provided, they are

presented on a non-GAAP basis without reconciliations of such forward-lookingnon-GAAP measures due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliations.

Markforged creates the AI-driven	3
carbon fiber and metal additive manufacturing
platform,The Digital Forge

Investment highlights
Software	Answering	Growing Market	Robust Unit	Credible
Driven Solution	Mission Critical	Opportunity For	Economics	Leadership
Easy-to-use, connected	Applications	Point-of-Need	Driving leading gross	Team
cloud-based software	Proprietary technology	Production	margins and increasing	Delivering consistently
continually improves		recurring revenue
delivers advanced		strong performance on
	Global supply chain	streams
	composite and metal	plan
	challenges lead to
	end use parts right at
	the point of need	on-shoring initiatives

We are Building Distributed Digital Factories

The Digital Forge is a software-poweredplatform that enables customers to print mission criticalend-use composite and metal parts on-demand

4

FX20

Metal X

Mark Two

Cloud-first architecture provides powerful yet easy-to-use solutions

10 metal and composite printers and sintering furnaces, which continue to get smarter1

Unlocks range of new applications across 19 proprietary materials1

(1) As of July 2022.

Expanding into Mass Production of End-Use Metal Parts	5
Through Digital Metal Acquisition

• Leading production-grade metal binder jetting solution
• Designed for precision, quality and reliability for mass production of end use metal parts
• Expands addressable market in medical, automotive and luxury goods verticals

Production part on	Dental application
General Motors vehicle	for Durr Dental tool
created by Digital Metal
printer