Investor Presentaiton

7 WE SIMPLIFY THE SUPPLY CHAIN AND OFFER SELLERS DIRECT ACCESS TO RETAIL 42 million used vehicles sold each year Traditional Used Car Process Supply of Millions of Used Vehicles Dealer Wholesaler ⚫ Multiple steps Massive friction CarLotz Process Supply of Millions of Used Vehicles manages functions traditionally delivered by multiple intermediaries Allows sellers direct access to retail demand Material $ value to buyers and sellers (~$1,000 each) Reputation & customer service backing of CarLotz Value leakage carlotz Auction House ⚫ Frustrating 12 million vehicles Second Wholesaler Expensive Dealer Black box pass through wholesale auction houses Demand from Millions of Retail Buyers Demand from Millions of Retail Buyers 100% data-driven transparency to all participants carlotz

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