Jaws Mustang Acquisition ^{Priced, NYSE: JWSM.U}

We are a blank check company. We intend to focus our efforts on identifying a prospective target business with either all or a substantial portion of its activities in North America and/or Europe. We expect to focus on businesses that have a clear path to organic and inorganic growth, formidable barriers to entry, exceptional management, and strong underlying demand drivers. As we focus our efforts in identifying a prospective target company or business, we will seek to capitalize on our Founders’ multiple decades of combined investment experience. Our Founders have a vast proprietary network of executives, investors and advisors. Mr. Sternlicht, Mr. Klaber and Mr. Walters have invested in numerous remarkable founders, companies, and funds. Particularly, the Founders maintain close relationships with key founders, business executives, and investors. We believe that the COVID-19 pandemic has proven to be a catalyst for growth in many sectors, pulling forward digital consumer and enterprise trends and adoption across several consumer and enterprise categories. The company intends to focus on leading companies across a variety of industries. We do not intend to target industries that are competitive with Starwood Capital Group Holdings, L.P., or Starwood Capital, which includes real estate, lodging, oil and gas and energy infrastructure.