Strong Growth Driven by Machine Placement slide image

Strong Growth Driven by Machine Placement

Ranpak Asset-Light Distribution Model Exclusive distribution network enables sales reach to thousands of small, fragmented end-users while maintaining an asset-light capital base and lean salesforce Long-standing customer partnerships ■Sells value-added consumables to end-users through an established network of more than 240 exclusive distributors worldwide ■Fragmented end-user base in diverse markets with small average account size → pricing power and competitive barriers ■Why distributors win: -Partner with leading paper system solution provider to facilitate sales. Extensive ongoing training and marketing to ensure high service levels - Exceptional value proposition for end users: total cost, speed, quality Sales breakdown by relationship length(1) < 5 Years 12% 5-10 Years 7% Number of distributor-serviced accounts by size(1) > $75k 3% $35k-$75k 3% < $2.5k 36% $10k - $35k 14% > 15 Years 73% 10-15 Years 8% Low turnover with many relationships over 20 80% under $10k $2.5k $10k 44% - Average account size approximately $8,500 years 16 (1) Estimated based on unaudited 2017 financial information of Rack Holdings Inc.
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