Karat IPO Presentation Deck

GROWTH STRATEGY OVERVIEW Continue to build online distribution channel Continuing investments in people, software and technology Committing additional resources and upgrading the website and online advertising efforts Expand into new customers via new capabilities, geographies, products, services and end markets Continue to add new experienced sales team members • Add additional distribution capabilities in South Carolina and Washington Enter new end markets, including sports venues, supermarket chains, airlines and other non- traditional foodservice markets 5 Disrupt the traditional foodservice supply chain As a full service distributor, we are able to provide products directly to the end user, eliminating the need for the traditional multi-layer supply chain We believe our nimble operating model can serve customers more quickly than the traditional supply chain, allowing us to react rapidly to customers' changes in demand Execute on operational initiatives to drive margin expansion Installation of our own proprietary Warehouse Management System (WMS) . Continue to execute on operational initiatives, building on recent reductions of excess production and labor costs from our manufacturing operations as well as reductions of professional fees from outside sales representatives and brokers CONFIDENTIAL 3 Grow base business with incremental revenue from existing customers Offer additional product lines allowing us to become a true "one- stop" supplier . As a reliable supplier with strong customer service and competitive prices, we are positioned to be a frequent recipient of requests for proposals from existing customers as they look for new sources of supply Pursue strategic acquisitions Pursue opportunistic acquisitions in order to expand the breadth of its distribution network, increase operating efficiency and add additional products and capabilities . We see certain acquisition opportunities on the East Coast and in the Midwest that we expect would enhance our national footprint Karat 15

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