AMMO Investor Presentation Deck

SPIN TRANSACTION DETAILS AMMO anticipates the transaction will be in the form of a dividend distribution to its shareholders of 100% of the stock of AOS, which will become a new, independent publicly traded company The distribution is intended to be tax-free to both companies and their shareholders for U.S. federal income tax purposes Concurrently, AMMO will change its name to Outdoor Online and will operate under a new ticker symbol AMMO reasonably anticipates the transaction will be completed in the 2023 calendar year, subject to final approval by the Company's Board of Directors, a Form 10 registration statement being declared effective by the U.S. Securities and Exchange Commission, regulatory approvals and satisfaction of other standard and necessary terms and conditions ammo INCORPORATED 24

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