#1t'i Mitta EE BE N 33 93 88 13 EE 33 83 BE BY EE EE EE B 383 20 238 EE EE EN BRE EE W N 100 Private and Confidential - Do Not Distribute mmm mmmmm mmmmm m m E PRIVA ΠΠΠΠΠ mimmmm mmmm mimmm nm m m m Finally, a better way to travel: Door-to-door, private, connected. PA T www.travelpriva.com#2Priva's mission is to transform regional mobility with an unparalleled experience: door-to-door, private, and fully connected. Priva matches demand for outbound and return legs under 300 miles to create commuter flight-disrupting prices. Private and Confidential - Do Not Distribute#3Problem Regional travel modes are full of pain points. Flying, driving, trains and buses are all unproductive. Regardless of mode, total travel time is 3-4 hours each way. Private and Confidential - Do Not Distribute ? { 110#4Market The top 62 US flight routes under 300 miles are a $9.6B market annually. Regional travel is much larger including trains, buses, rental and personal cars. PDX Private and Confidential - Do Not Distribute MFR LAX PSP PSC LAS Passenger flights per year 1M+ 500K - 1M 250K - 500K 100K - 250K PHX ASE DEN AUS SAT CRP FAR FSD OKC DFW TUL MSP DSM SHY CID MIL GRB MSN ST GRR HSV IND BNA DTW MGM DAY CVG SDF TYS ATL CMH TRI TPA BUF PIT SAE RIC CLT RDU SAV MCO SYR WAS CHS MYR MIA FLL PH ORF ILM BDL BO#5Solution Door-to-door in connected, private vehicles optimized for productivity, collaboration and rest. Regional travel in Uber/Lyft occurs, but is a worse experience and return miles are empty. Priva pairs demand both ways to reduce cost. Private and Confidential - Do Not Distribute D e New Hork Ci THE WALL STREE#6Economics Priva's price is $2/mile, similar to 2 average airfares; groups of 3-4 save money. With passenger(s) on just one leg, round trip variable costs are covered. With outbound and return passenger(s), the return fare is gross margin. Private and Confidential - Do Not Distribute Return: $1/mile Variable costs Outbound: $1/mile $0.15 other* $0.15 fuel $0.33 driver $0.37 vehicle Revenues *Other includes: insurance, maintenance, snacks, beverages, rewards, WiFi Return (if filled): $2/mile Outbound: $2/mile#7Opportunity Partners and technology will slash Priva's costs - enabling price reduction and wide scale adoption. Through the commercialization of self-driving, commuter flights will disappear. Private and Confidential - Do Not Distribute $1.00 Today $0.93 Upfit cost optimization Cost per mile reduction $0.85 Electric powertrain Beyond cost reductions shown - pricing can further be reduced as % of return trips filled increases Values shown are at today's tech costs - which will decrease significantly through commercialization $0.70 Self-driving tech#8Co-founders MBA Chicago Booth School of Business ('12) MSME Oakland University ('06) BSME Michigan State University (¹04) Dagan Mishoulam, CEO Dagan lives in Chicago with his wife Christine and two sons; Senna (3) and Lucca (9 months) Senior leadership experience at startup electric vehicle automaker Project Manager in management consulting focusing on mobility, automotive and innovation Engineering and program management experience at Chrysler and in the automotive supply chain Private and Confidential - Do Not Distribute MBA Harvard Business School (15) BSME, BSEE Kettering University ('11) Ryan Gee, COO Ryan lives in Washington DC while his wife Caroline completes law school, then will relocate Leadership and deal experience at startup electric vehicle automaker Senior Consultant in management consulting focusing on automotive strategy Engineering and finance experience at GM and in the automotive supply chain#9Milestones Q4 2017 Successful business model pilot with black SUVs (e.g. Ford Expeditions) Q2 2018 Rollout of first upfit van to customers in May; vehicle utilization approx. 3 days/week Q1 2018 Built in-house tech, first upfit vans (Mercedes-Benz Sprinters) designed and ordered Private and Confidential - Do Not Distribute Q4 2018 Hire initial team and scale throughout launch market (MidWest) and to key US markets Q3 2018 Enter Techstars Mobility accelerator, plan to close pre-seed round and grow fleet to approx. 12 vehicles#10Priva HQ Chicago Private and Confidential - Do Not Distribute EILANDEN CHASE