Berkshire Grey SPAC Presentation Deck slide image

Berkshire Grey SPAC Presentation Deck

$280+ Billion TAM And Growth Driven By Multi-Faceted Tailwinds $280+ billion TAM $230+ billion Total annual warehouse labor spend(¹) + FACUTI CHLY $56 billion Automated material handling equipment market Expected to grow at 13% per year (1) Key Tailwinds is Only 5% of warehouses are currently automated Emerging and rapidly growing e-commerce, retail and logistics industries Increasing need to automate picking - 90%+ currently done manually Need for operational and process improvements Rapidly accelerating adoption of automation 19 Emergence of new technologies and advancements in robotics and Al BG BERKSHIRE Source: McKinsey, Improving warehouse operations - digitally, 02/06/20; F. Curtis Barry & Company, Managing Your Warehouse Labor to Reduce Overall Expenses; GREY Mordor Intelligence, Automated Material Handling (AMH) Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026), 2020; LogisticsIQ, Warehouse Automation: Rise of Warehouse Robotics, 2019. DHL, Robotics in Logistics, March 2016. Based on labor consuming ~65% of warehousing spend (F. Curtis Barry & Company) and total annual warehouse spend of $350bn (McKinsey, 02/06/20). 15
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