Auction Technology Group Plc · LSE:ATG
Auction Technology — Merger or Acquisition (August 2025)
11 slides from Auction Technology's merger presentation, Aug 4, 2025
Slide 1: Strengthening our leadership position in the online Arts & Antiques market
Strengthening our leadership position in the online Arts & Antiques market August 4, 2025
Slide 2: Transaction Highlights
Transaction Highlights • Chairish is a leading list price online marketplace for vintage furniture, décor, and art, generating $51m in revenue in 2024, with 1.3m active listed items • The transaction: o Strengthens competitive position by meaningfully expanding supply in complementary categories and
Slide 3: Chairish At A Glance
ATG + Chairish Chairish At A Glance 4.1 million $2.6 billion Total accounts Inventory Listing Value 1.3 million 4.5 million Active Items Monthly Sessions Page 3 Auction Technology Group
Slide 4: Accelerates the marketplace flywheel
ATG + Chairish Accelerates the marketplace flywheel SUPPLY DEMAND More Sellers, More Inventory More Buyers, More Options ✓ Immediately adds $2.6bn inventory, ✓ Expands our demand base with new, high-intent c.1.3 million high quality items and shoppers including 4.5 million monthly visits c.12K selle
Slide 5: Unlocks significant value across three horizons
ATG + Chairsh Unlocks significant value across three horizons OPTIMIZE MARGIN EXECUTE TRANSFORMATIONAL GROWTH MARKETPLACE PLAYBOOK Build a stronger flywheel by connecting multi-format Margin expansion through operational Repeatable, proven low risk supply with cross-marketplace demand efficiencies n
Slide 6: Specific, identified cost savings and operating adjustments
Specific, identified cost savings and operating adjustments c.$8 million high MARKETING EFFICIENCY confidence annualized c.$2-3 million ✓ Rationalising marketing channels that synergies executed by don't have directly measurable FY27 outcomes HEADCOUNT OPTIMISATION INCREASE TAKE RATE c.$3-4 million
Slide 7: Opportunity to execute proven growth playbook
ATG + Chairish Opportunity to execute proven growth playbook Chairish vs LiveAuctioneers Chairish vs Competitors "AMP1" per GMV dollar sold "AMP1,2" per GMV dollar sold $0.07 $0.07 $0.06 $0.06 • Marketing penetration $0.05 amongst existing $0.05 LiveAuctioneers customers $0.04 $0.04 who are most lik
Slide 8: Fueling the flywheel: capturing the demand that auctions leave behind
ATG + Chairish Fueling the flywheel: capturing the demand that auctions leave behind New buying options turn high intent demand into revenue 180k winners Monetizing 17m unconverted bids via "Buy Now" Auction Technology Group Page 8
Slide 9: Financial Considerations for the Transaction
Financial Considerations for the Transaction • $85 million purchase price on a cash-free, debt-free basis. • Value accretion: • Adjusted EBITDA positive in FY26. • Accretive to adjusted EPS in FY27. • ROIC > WACC in FY28. • In the medium term, for Chairish we expect double digit revenue growth and a
Slide 10: Strengthening ATG's leadership position in the A&A market
Stronger Marketplace Flywheel ✓ Improved customer experience, expanded supply, expanded demand, enhanced flywheel Rapid Synergy Realization Fast value creation through c.$8 million operational synergies, leading to rapid accretion Strengthening ATG's leadership position in the Proven Growth Levers
Slide 11: Q&A
Q&A Auction Technology Group
Auction Technology Group — Merger or Acquisition (August 2025) on 6ix