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GROWTH STRATEGY

COMPANY OVERVIEW Company History 2007 Company founded in Minnesota 2015 27th and last franchise sold > 2016 Repurchase of 13 franchises 2016 First institutional client 2021 Programmatic Appreciate Acquisitions launched LAUNCH 1 iHeart MEDIA INC RentersWarehouse® First franchise sold 2011 Northern Pacific Group investment 2015 iHeart Media investment 2016 OwnAmerica acquisition (Marketplace) 2019 Appreciate Rebranding of Renters Warehouse to Appreciate 2022 Private & Confidential 15
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