Red Violet : Company Presentation August 2021

Company Overview

August 2021

© R e d V i o l e t , I n c . A l l R i g h t s R e s e r v e d .

Cautionary Statement

This presentation contains "forward-looking statements," as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as "expects," "plans," "projects," "will," "may," "anticipate," "believes," "should," "intends," "estimates," and other words of similar meaning. Such forward-looking statements include non-historical statements about our expectations, beliefs or intentions regarding our business, technologies and products, financial condition, strategies or prospects. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including: the risks set forth under the heading "Forward-Looking Statements" and "Risk Factors" in red violet's Form 10-K for the year ended December 31, 2021 filed on March 10, 2021, as may be supplemented or amended by red violet's other SEC filings. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

You are cautioned not to place undue reliance on these forward-looking statements, which are based on red violet's expectations as of the date of this presentation and speak only as of the date of this presentation. red violet undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Without limiting the foregoing, the inclusion of the financial projections in this presentation should not be regarded as an indication that the Company considered, or now considers, them to be a reliable prediction of the future results. The financial projections were not prepared with a view towards public disclosure or with a view to complying with the published guidelines of the Securities Exchange Commission, the guidelines established by the American Institute of Certified Public Accountants with respect to prospective financial information, or with U.S. generally accepted accounting principles. Neither the Company's independent auditors, nor any other independent accountants, have compiled, examined or performed any procedures with respect to the financial projections, nor have they expressed any opinion or any other form of assurance on such information or its achievability. Although the financial projections were prepared based on assumptions and estimates that the Company's management believes are reasonable, the Company provides no assurance that the assumptions made in preparing the financial projections will prove accurate or that actual results will be consistent with these financial projections. Projections of this type involve significant risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved.

Management evaluates the financial performance of our business on a variety of key indicators, including non-GAAP metrics of adjusted EBITDA, adjusted EBITDA margin, adjusted gross profit and adjusted gross margin. Adjusted EBITDA is a financial measure equal to net loss, the most directly comparable financial measure based on US GAAP, excluding interest income, depreciation and amortization, share-based compensation expense, litigation costs, insurance proceeds in relation to settled litigation, transition service income, write-off of long-lived assets and others. We define adjusted EBITDA margin as adjusted EBITDA as a percentage of revenue. We define adjusted gross profit as revenue less cost of revenue (exclusive of depreciation and amortization), and adjusted gross margin as adjusted gross profit as a percentage of revenue.

2	© R e d V i o l e t , I n c . A l l R i g h t s R e s e r v e d .

red violet at a Glance

March 26, 2018	$39M
Initial Listing	TTM Revenue(1)

NASDAQ: RDVT	75%
Ticker Symbol	Adj. Gross Margin(1)

6,000+	81%
Customers	Contractual Revenue(1)

1. For the quarter ended June 30, 2021.

Most Advanced Identity Intelligence Platform

Cloud-native platform delivering greater intelligence and unparalleled insight for decision-making capabilities

Scalable and Efficient

Quick and cost-effective deployment that is scalable to virtually unlimited capacity and performance

Large and Growing Market

Numerous expansion and increased penetration opportunities

Designed with Security in Mind

Built in a secure payment card industry (PCI) compliant environment

Proven Management Team

Highly experienced management team with track record of scaling businesses

Our Brands

Leading analytics and information solutions	Instant knowledge to help Real
provider delivering actionable intelligence	Estate professionals better
to the risk management industry	understand and address risk

3	© R e d V i o l e t , I n c . A l l R i g h t s R e s e r v e d .

Seasoned Management Team With Deep Data and Analytics Industry Experience

Name and Title	Biography	Prior Experience
		Derek Dubner	▪ Over 20 years of experience in the data and analytics industry
		CEO	▪ Built leading information management companies which sold for an
			aggregate value of approximately $1 billion
		James Reilly	▪ Over 20 years of executive experience in data markets
		President
		Dan MacLachlan	▪ Over 15 years of experience as the CFO of data-driven technology
		CFO	companies
		Jeff Dell	▪ Over 20 years of experience in Information Security as an executive in
		CIO	data-driven technology companies
		Angus Macnab	▪ Over 15 years of experience in data science, engineering, and scientific
		CTO	computing
		Jim Greenwell	▪ Over 20 years of experience in the digital identity and mobility space,
		working as an executive and adviser to leading identity management and
		GM, Identity
		information solutions providers

4	© R e d V i o l e t , I n c . A l l R i g h t s R e s e r v e d .

Challenges That Businesses Are Facing Today

Organizations are challenged by the structure, volume and disparity of data. Our platform and applications transform the way customers interact with

information, presenting connections and relevance of information otherwise unattainable, which drives actionable insights and better outcomes.

Managing	Identity	Legislative	Consumer
Risk	Verification	Compliance	Modeling
red violet's advanced	In a world of omnichannel	red violet simplifies	Understanding the consumer
analytics and enterprise	engagement, verifying a	compliance with turn-key	is more important than ever in
solutions drive successful	consumer's identity is a top	solutions that drive	a digital economy. red violet's
business decisions in	challenge. red violet	actionable insights and	consumer identity graph
real-time, providing	provides identity	better outcomes, allowing	provides connections and
organizations the ability to	intelligence that meets a	businesses to comply with	relevant characteristics,
make informed decisions	business's specific identity	government and industry	allowing businesses to build
and mitigate risk.	needs and workflow.	regulations.	strong relationships.
5	© R e d V i o l e t , I n c .	A l l R i g h t s R e s e r v e d .