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Investor Presentaiton

36 36 KEY AREAS OF INVESTMENT AND CONTINUED BUSINESS TRANSFORMATION More Than $163 Million of Projected Investment in the Next 2 Years Core Technology $50 million Buyer and seller experience enhancements B2B sourcing technology BI and ERP enhancements carlotz Additional Technology Investment $50 million Retail and processing enhancements ERP / B2B tech productization B2B marketplace analytics New Hub Openings $21 million Planned 10+ hub openings on average per year through 2023, representing 40+ total locations Expansion from regional model to national model Other Growth Investments $42 million Logistics and distribution network Sourcing and marketing Consumer vehicle purchase marketing carlotz
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