#1DUNLOF RIGHTRANG LEATT 918 LEHTT LEATT 2022 INVESTOR PRESENTATION#2FORWARD-LOOKING STATEMENT Red Bull Red Bull This presentation may contain forward-looking statements regarding Leatt Corporation (the "Company") within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act under the private securities litigation reform act of 1995, as amended. All statements, other than statements of historical fact included herein are "forward-looking statements." These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by them. These risks and uncertainties include, but are not limited to, the factors described in the section captioned "risk factors" in our latest annual report on form 10-k. In some cases, you can identify forward-looking statements by terms such as "anticipates," "believes," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "projects," "should," "would" and similar expressions intended to identify forward-looking statements. Forward-looking statements reflect our current views with respect to future events and are based on assumptions and subject to risks and uncertainties. Given these uncertainties, you should not place undue reliance on these forward-looking statements. These forward-looking statements include, among other things, statements relating to: the likelihood that the Company will continue to develop and introduce additional products to the market at the same rate, or that sales of the Company's products will continue to gain traction and increase the Company's market share; the financial outlook of the Company, including the likelihood that the Company will continue to achieve double digit revenue growth and sustained profitability, and increase shareholder value; the general ability of the Company to achieve its commercial objectives in light of global economic uncertainties; the business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. Forward-looking statements also represent our estimates and assumptions only as of the date of this presentation. You should read this presentation and the documents that we reference herein with the understanding that our actual future results may be materially different from what we expect. Except as required by law, we assume no obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future. INVESTOR PRESENTATION 2022 LEATT LEATT 918 CAPETOW 4#3EA IVE.FIVE LEATT 5.5 LEATT 1/ THE LEATT STORY 2 / OUR ASPIRATIONS 3/ FINANCIAL TRENDS ✓ THE LEATT INVESTMENT OPPORTUNITY INVESTOR PRESENTATION | 2022#41/THE LEATT STORY A PASSION FOR SAFETY 920K NECK BRACES SOLD BORN IN CAPE TOWN SOUTH AFRICA DR CHRIS LEATT'S PASSION TO PROTECT FAMILY MEMBERS REVOLUTIONARY NECK BRACE FOR OFF-ROAD MOTO RIDERS INVESTOR PRESENTATION 2022 I I LEATT 5.5 FIVE.FIVE $156 MILL#51/THE LEATT STORY GLOBAL MULTI-CHANNEL SALES & DISTRIBUTION 48% 32% 7% 3% 5% OTHER 5% ✓ × HEADQUARTERS IN CAPE TOWN SOUTH AFRICA HOS DEDICATED LEATT STAFF MEMBERS* GLOBALLY IN COUNTRIES MANUFACTURING PARTNERS WITH QUALITY CONTROL IN PLACE AND WITH 4 MORE ON THE RADAR DIRECT DISTRIBUTION IN THE UNITED STATES & SOUTH AFRICA 58 TOP TIER 3RD PARTY DISTRIBUTORS AROUND THE GLOBE STRONG DIRECT E-COMMERCE PARTNERSHIPS INVESTOR PRESENTATION 2022 * INCLUDES CONTRACTORS#61/THE LEATT STORY HEAD-TO-TOE PROTECTION × × CONSISTENT INNOVATIVE CATEGORY DEVELOPMENT AWARD-WINNING ATHLETE TESTED AND ENDORSED PRODUCT LINE UP CUTTING-EDGE DEVELOPMENT WITH 94 PATENTS GRANTED OR IN PROCESS STRONG BRAND EQUITY WITH 94 GLOBAL TRADEMARK FILINGS OVER A DECADE OF DEVELOPMENT TO DEVELOP A MOTO HEAD-TO-TOE OFFERING INVESTOR PRESENTATION 2022 MTB LEWIT#71/THE LEATT STORY HEAD-TO-TOE PROTECTION LEN LEATT AVA LEAT LENT LEATT LEAT MOTO MTB INVESTOR PRESENTATION 2022 LEATT LEATT LEATT 45 LEAT LEATT#81/THE LEATT STORY GAINING MARKET SHARE PRIMARY CATEGORY SALES MIX PRODUCT CATEGORY EXPANSION HAS LED TO REVENUE DIVERSIFICATION NEW PRODUCT CATEGORIES GAINING TRACTION DEALERS HAVE THE OPPORTUNITY TO LEVERAGE A FULL LINE A PROVEN ABILITY TO GAIN MARKET SHARE OVER TIME 35 30 25 20 20 15 10 INVESTOR PRESENTATION 2022 OD 23% 19% 12% LEATT B OTHER 2% 12% 15% 17% 5 0 FOX THOR LEATT A-STARS EVS TLD FLY HRP CHEST PROTECTOR MARKET SHARE O'NEAL SOURCE: Racer X Illustrated magazine reader survey, available at http://mediakit.filterpubs.com/survey ATLAS ACERBIS MOOSE ANSWER MSR AXO SHIFT RXR FORCEFIELD OTHER NONE#91/THE LEATT STORY OUR CORE MARKET Red Bull Polisport 7.5* MILLION RIDERS OFF-ROAD MOTORCYCLE AND DUAL SPORT MARKET INVESTOR PRESENTATION 2022 LEATT 2.5* MILLION RIDERS Polispo EXPANDED TO DOWNHILL BICYCLE MARKET IN 2010 Da 250 MILLION RIDERS ON-GOING WIDER MARKET EXPANSION *MANAGEMENT ESTIMATED#101/THE LEATT STORY BUILDING A GLOBAL CONSUMER BRAND AN AUTHENTIC VOICE THAT RESONATES WITH CONSUMERS THE SCIENCE AND THE THRILL ✓ DIRECT CONSUMER ENGAGEMENT THROUGH DIGITAL CHANNELS ✓ MEASURABLE AND TARGETED CAMPAIGNS LEAT Red Bull Red Boll LEATT LEAT FIVE/FIVE DEAT SGAS f 292K 216K ZIEK INVESTOR PRESENTATION 2022 CAM CHAP 918#11Red Bull Re Blo LEATT FIVE / SIVE ΙΟΊΝΩΣ V 1/ THE LEATT STORY 2/ OUR ASPIRATIONS 3/ FINANCIAL TRENDS 4/ THE LEATT INVESTMENT OPPORTUNITY INVESTOR PRESENTATION | 2022#122/OUR ASPIRATIONS INVESTORS PRESENTATION 2022 TO PROVIDE INNOVATION AND EXHILARATION TO RIDERS AROUND THE WORLD WITH PROTECTIVE GEAR TECHNOLOGY THAT RESHAPES THE CATEGORY#132/OUR ASPIRATIONS WHAT TO EXPECT TO PROVIDE INNOVATION AND A EXHILARATION TO RIDERS AROUND THE EXPAND & REFINE CATEGORIES INNOVATIVE TECHNOLOGY CORE SEGMENT EXPANSION WORLD WITH PROTECTIVE GEAR TECHNOLOGY THAT RESHAPES THE CATEGORY INVESTOR PRESENTATION 2022 BRAND INVESTMENT SUPPLY CHAIN EFFICIENCY MULTI-CHANNEL DEVELOPMENT#142/OUR ASPIRATIONS FINANCIAL ASPIRATIONS * DOUBLE DIGIT REVENUE GROWTH * OPERATING EFFICIENCY * SUSTAINABLE PROFITABILITY * SHAREHOLDER VALUE INVESTOR PRESENTATION 2022 EATI LENT#1524 LEAT FIRFLEX 1/ THE LEATT STORY 2/ OUR ASPIRATIONS 3/ FINANCIAL TRENDS 4 THE LEATT INVESTMENT OPPORTUNITY verse INVESTOR PRESENTATION | 2022#163/FINANCIAL TRENDS CONSISTENT DOUBLE DIGIT REVENUE GROWTH ABILITY TO OPERATE EFFICIENTLY AT SCALE AUDITED REVENUE FULL YEAR ENDED - DEC 31 OPERATING EXPENSES 2021 $72.5M UNAUDITED REVENUE YTD - JUNE 30 2020 $38.6M 2017 2018 $24.4M 2019 $28.3M $20.1M $15M $9.3M $10.1M $11.1M $11.6M INVESTOR PRESENTATION 2022 PLEASE SEE SUPPLEMENTARY FINANCIAL TABLES FOR ADDITIONAL DETAIL 2021 $27.2M 2022 $42.2M $8M $6.4M#173/FINANCIAL TRENDS SUSTAINABLE PROFITABILITY EBITDA FULL YEAR ENDED - DEC 31 2021 $17.6M EBITDA YEAR TO DATE - JUNE 30 2019 2018 2017 $0.7M $2.7M $2.2M 2020 $6.9M 2021 $6.4M INVESTOR PRESENTATION 2022 PLEASE SEE SUPPLEMENTARY FINANCIAL TABLES FOR ADDITIONAL DETAIL 2022 $9.9M#183/FINANCIAL TRENDS SUSTAINABLE WORKING CAPITAL MANAGEMENT CASH & CASH EQUIVALENT BALANCES $5.0MIL 2021 $4.9MIL 2022 $3.9MIL 2021 DEC 31 JUN 30 $2.6MIL 2020 JUN 30 $1.5MIL $1.7MIL $2.1MIL 2019 DEC 31 DEC 31 2017 DEC 31 2018 DEC 31 INVESTOR PRESENTATION 2022 PLEASE SEE SUPPLEMENTARY FINANCIAL TABLES FOR ADDITIONAL DETAIL 3.8:1 CURRENT RATIO#193/FINANCIAL TRENDS MARKET CAPITALISATION COMMON STOCK - OTCQB: LEAT × CLOSING SHARE PRICE DAILY INVESTOR PRESENTATION 2022 * SHARE PRICE RANGE (52 WEEK) SEP 8, 2022 $22.95 $19.90-$35.90 * AVERAGE DAILY TRADING VOLUME (12 WEEK) 5986 × COMMON STOCK OUTSTANDING * MARKET CAPITALISATION 5.8M $134M#203/FINANCIAL TRENDS MARKET CAPITALISATION 35.00 30.00 25.00 20.00 15.00 10.00 5.00 CLOSING SHARE PRICE DAILY wh 2020 APR JUN AUG OCT 2021 APR JUN AUG OCT 2022 APR JUN AUG INVESTOR PRESENTATION 2022#21GEATT 1/ THE LEATT STORY 2/ OUR ASPIRATIONS 3/ FINANCIAL TRENDS 4/ THE LEATT INVESTMENT OPPORTUNITY INVESTOR PRESENTATION | 2022#224/THE LEATT INVESTMENT OPPORTUNITY PROVEN ABILITY TO DEVELOP A PIPELINE OF SUCCESFUL CATEGORIES - NOW HEAD-TO-TOE A GLOBAL CONSUMER BRAND WELL POSITIONED TO LEVERAGE CURRENT TRENDS STRONG AND DEVELOPING MULTI-CHANNEL GLOBAL SALES AND DISTRIBUTION NETWORK BUILT ON A SUSTAINABLE MODEL OF GROWTH AND OPERATING EFFICIENCY CLEAN CAPITALISATION WITH NO NEED FOR IMMEDIATE GROWTH CAPITAL RIGHT. INVESTOR PRESENTATION 2022 LEATT LEAT LEATT LEATT LEATT 42242#23INVESTOR RELATIONS ALIX CAPITAL, LLC MICHAEL MASON TEL: (917) 841-8371 E-MAIL: [email protected] HEADQUARTERS OFFICE 12 KIEPERSOL CRESCENT, ATLAS GARDENS, DURBANVILLE, 7550 SOUTH AFRICA PHONE: +27 21 557 7257 THANK YOU LEATT#24SUPPLEMENTARY FINANCIAL TABLES LEATT CORPORATION - SELECTED PROFIT & LOSS ITEMS LEATT CORPORATION - SELECTED BALANCE SHEET ITEMS June 30, 2022 June 30, 2021 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 June 30, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 REVENUES $42,166,418 $27,197,034 $72,475,813 $38,604,289 $28,317,817 $24,392,312 CASH EQUIVALENTS $4,949,771 $5,022,436 $2,967,042 $2,072,864 $1,709,900 GROSS PROFIT $17,271,162 $12,245,493 $31,446,103 $17,388,620 $13,006,804 $11,571,859 ACCOUNTS RECEIVABLE $13,823,696 $12,660,936 $7,173,829 $2,956,012 $2,049,331 GROSS PROFIT % 41% 45% 43% 45% 46% 47% INVENTORY $21,853,273 $21,081,481 $9,670,036 $8,655,176 $4,815,215 SALARIES, GENERAL $4,045,242 $2,975,707 $7,454,016 $5,359,467 $5,223,139 $4,681,592 TOTAL CURRENT ASSETS $45,486,031 & ADMIN $44,612,182 $22,786,416 $15,318,834 $10,353,197 PROFESSIONAL FEES $338,768 $461,256 $1,072,912 $793,859 $725,986 $611,269 ADVERTISING & TOTAL ASSETS $49,726,149 $49,166,820 $26,237,023 $18,188,493 $12,736,533 $1,360,004 $1,035,733 $2,170,788 $2,167,445 $1,989,959 $1,881,368 MARKETING RESEARCH & DEVELOPMENT DEPRECIATION $1,014,543 $850,261 $1,826,846 $1,522,758 $1,491,155 $1,412,866 TOTAL CURRENT LIABILITIES $12,027,579 $18,733,405 $10,548,550 $7,085,581 $3,431,568 $564,867 $478,936 $1,025,536 $832,216 $760,217 $695,605 LONG TERM LIABILITIES $147,423 $189,249 $- $381,191 $250,900 TOTAL $9,355,074 $5,901,575 $15,013,053 $11,640,971 $11,072,507 $10,128,581 OPERATING COST INCOME (LOSS) $9,352,882 $5,901,516 $16,615,585 $6,042,405 $1,942,457 $1,526,084 BEFORE INCOME TAXES TOTAL STOCKHOLDERS' EQUITY $36,024,411 $28,620,974 $15,370,365 $10,721,721 $9,054,065 NET INCOME EBITDA $6,949,675 $4,469,486 $12,574,437 $4,423,872 $1,375,728 $1,196,844 CURRENT RATIO 3,8:1 2,4:1 2,2:1 2,2:1 3,0:1 $9,919,941 $6,380,511 $17,641,284 $6,879,345 $2,782,485 $2,207,569 EARNINGS PER SHARE $1,20 $0,82 $2,29 $0,82 $0,26 $0,22 INVESTOR PRESENTATION 2022