Karat IPO Presentation Deck slide image

Karat IPO Presentation Deck

EXPERIENCED AND GROWTH ORIENTED MANAGEMENT TEAM Alan Yu - ■ Ann Sabahat CFO CPA with 25+ years experience of financial management experience Marvin Cheng ■ Joanne Wang + Management Team Bios Co-Founder Chairman & CEO Two decades of experience as co-founder, Chairman and CEO H Amy Tsen . Co-Founder, Director Vice President-Manufacturing and Secretary Two decades of experience managing supply chains and manufacturing ■ Chief Operating Officer Establishes pricing structure and sales training Prior experience in sales and marketing for various telecommunications companies Daniel Quire VP of Finance Leads the preparation of financial statements, tax filings and general accounting oversight Director of Sales Focused on expansion of the sales in the Eastern U.S. Over a decade of sales management experience in the food service setting CONFIDENTIAL Success in Achieving Key Recent Initiatives Significant investments to establish and grow our online distribution channel www.lollicupstore.com Opened a 108,000 square foot distribution facility in New Jersey in July 2020 Expanded our fleet of trucks to bolster our logistics capabilities Installed our own proprietary Warehouse Management System (WMS) Reduced excess production and labor costs from our manufacturing operations Reduced professional fees from outside sales representatives and brokers who historically have been less efficient than our growing internal sales force Expanded our in-house sales team by 18% in 2020 to 13 sales people spread across the country Karat 13
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