Gee Group Inc. · AMEX:JOB
Gee — Investor Presentation (January 2022)
24 slides from Gee's investor presentation, Jan 3, 2022
Slide 1: GEE Group Investor Presentation January 2022
G G EE G rou fe) (NYSE American: JOB) Employing America since 1893 Investor Presentation January 2022 “Our Business is Putting People to Work”
Slide 2: Forward Looking Statements and Non-GAAP Financial Measures
Forward Looking Statements and Non-GAAP Financial Measures In adaiton fo historical information, ths presentation contains stalements relating o the Company's fuure results (including certain projections, pro forma tnancal information, and business trends) that are "forward-looking statements" withi
Slide 3: Investment Highlights
G Investment Highlights GEE Group Premier staffing services and HR solutions provider in ~ $150 About GEE Group © billion industry poised for post-COVID19 growth Excellent Strong financial results and improved balance sheet following Financial and elimination of $127 million’ in high-cost debt and r
Slide 4: GEE Group Snapshot
G GEE Group Snapshot GEE Group + Formed in 2015 w/ mission to build an industry-leading | Key Statistics FYE 9-30-21 professional staffing and HR solutions provider 5 =a 508 * Today have footholds in desirable end markets led by IT + Strategy is to grow (1) organically leveraging our size and scale
Slide 5: Comprehensive Offerings
GEE Group’s “Amounts and KP presented herln G FOE and FYE September 30, 2021, are Comprehensive Offerings FRisiad mahapab ees“ GEE Group Professional Light Industrial (89% of Revenue) (11% of Revenue) Light Verticals pedicel) Accounting & Office Engineering Healthcare Niece $62mm (42%) $64mm(43%) —
Slide 6: Growth Story: Evolution of a Premier Staffing Platform
Growth Story: Evolution of G a Premier Staffing Platform econ 2020 / 2021 GEE Group eliminates $110min debi, 2018/2019 “tminates $12min annual interest, generates $37m in net GEE Group gains and raises comprehensive _$57.5m in new equity’ i omstronor tain ARE IAS SNS Ena 2016 restructuring and eee G
Slide 7: National Scale with Long-Standing and Respected Local Presence
National Scale with Long-Standing G and Respected Local Presence GEE Group + GEE Group provides clients with services across the country while understanding the individual markets and offering a local approach + The Company leverages its national footprint to serve clients outside of the states in w
Slide 8: Long-term Clients Ranging from SMEs to Fortune Clients
Long-term Clients Ranging from G SMEs to Fortune 500 Clients GEE Group + GEE Group has built a differentiated portfolio of clients across a diverse set of end markets, serving clients of all sizes with a focus on. small and medium businesses + No significant customer concentration with the top custo
Slide 9: Competitive Landscape
G Competitive Landscape GEE Group MERU rex > ¥ World-class applicant tracking system acon : “1 ¥ National recruiting call center helping fulfil jobs throughout the country KFORCE Modis — jancstad ¥ Experienced and skilled recruiters with knowledge of the sector and petitive Strengthe [Robert Half gT
Slide 10: Award Winning Service
G Award Winning Service GEE Group GEE’s brands are known and recognized for providing outstanding service to clients ee er @ @ er e er ” GEE Group’s SNI Companies’ four main brands are Continual Winners of ClearlyRated’s Best of Staffing® for Client and Talent Satisfaction including for 20211 GEE Gr
Slide 11: Drive Organic and Acquisition Growth in High Growth Specialties
Drive Organic and Acquisition Growth in High Growth Specialties G GEE Group ‘Add Complementary High Growth Specialties GEE Group is well positioned for continued expansion into additional attractive, high growth specialties Selective Acquisition Criteria ¥ Well managed with experienced operators ¥ H
Slide 12: Grow Through Accretive Acquisitions
Grow Through G Accretive Acquisitions GEE Group Highly fragmented market presents a multitude of acquisition candidates Top 10 average ~ $4 a] wilt ) ALLEGIS billion each in revenue Manpower’ KELLY. ac randstad ELL. [i] Robert Half” Qascy ‘Top 50 Companies EQ rd ~ 113" (~ fF U.S. Seu Kf ORCE are Rav
Slide 13: Large Addressable Market Opportunity
Large Addressable Market Opportunity G wi Attractive Growth Dynamics ($ in billions) GEE Group 155m 51m About 1/3 U.S. Employment U.S. Contingent (remains lower than pre- (“GIG”) Workforce GIG portion of total pandemic; Feb 2020) s170 $164 FetuinedSeareh $150 7 fa $135 $138 WA G GEE Group $130 $126
Slide 14: Financial Highlights
Financial Highlights (Sin millions) G GEE Group Net Revenues FYE 9/30/21 Revenue Breakdown $200.0 $165.3 $151.7 $148.9 $150.0 $135.0 $128.8 $100.0 $83-1-"" gs00 | 424 woo | Ml Sep-15 Sep-16 Sep-17 Sep-18 Sep-19 Sep-20 Sep-21 Non-GAAP Adjusted EBITDA") Contract Staffing 87% Finance, ‘Accounting and O
Slide 15: Q4 FY 2021 Snapshot
Q4 FY 2021 Snapshot G GEE Group (in millions, exc are amounts) September 2021 4th Quarter Results Dynamics 2a | ceennsr v 9 Brotereveriue growth) +40% division) and permanent placements : + GP of $15.2m for FQ4 21, led by strong 9 Se rare “ growth in perm placement revenue, (100% 9 7% GM) and other
Slide 16: Earnings Performance Q4 & FY 2021
Earnings Performance Q4 & FY 2021 G ($ in millions) GEE Group Q4 2021 Performance Non-GAAP EBITDA*/ Adj. EBITDA**.») Prelim. Net Revenue ($ millions) $41.5 7 [| FQ4 ‘20 FQ4 ‘24 is Prelim. Adj. EBITDA ($ millions} $3.6 = [J Fad ‘20 FQ4 ‘21 Tive Months Ended ‘Sin millions ‘September 30, September 30,
Slide 17: Deleveraging initiatives
Deleveraging initiatives (Sin millions, except per share amounts) Debt reduction =») G GEE Group Results ~.») ‘Al Seller notes, ‘high-cost (Forgiveress achiev FAF subdebt senior debt & tos smezz prefered $110 $63 Q3 '20 thruQ4’21Q3'20/.Q1'22 Consolidated stockholders’ equity $81 $27 9 Book value FYE
Slide 18: Where we are today...
Where we are today... G Stronger and more focused GEE Group Building momentum on stronger fundamentals Driving profitable growth & value + Five (5) successful acquisitions so far + Operational focus... driving organic resulting in size, scale, geographic footprint, growth first through innovative de
Slide 19: Investment Merits
G Investment Merits GEE Group e Large market (~ $150bn plus) supported by key secular trends for long-term growth e Post-COVID 19 growth momentum and profitability e Industry ripe for consolidation / many actionable targets e Disciplined focus on high-margin, attractive verticals e Diverse client ba
Slide 20: Appendix
GEE Group Employing America since 1893 APPENDIX + Management Biographies * Independent Directors’ Biographies GEE Group | January 2022] 20
Slide 21: Management Biographies
G Management Biographies GEE Group Industry leading executive team with extensive staffing and business scaling experience Derek Dewan — Chief Executive Officer and Chairman of the Board + As CEO of GEE Group since 2015, Derek Dewan brings significant experience executing organic and strategic acqui
Slide 22: Independent Directors Biographies
Amounts and KPIs presented herein G Independent Directors Biographies preimmaryana:unjectte change" GEE Group Outstanding board members with tremendous leadership experience at the highestlevels Peter Tanous — Director + Mr. Tanous is Chairman of Lynx Investment Advisory of Washington D.C., an SEC r
Slide 23: Independent Directors Biographies
Independent Directors Biographies G Outstanding board members with tremendous leadership experience at the highestlevels ( Matthew Gormly — Director + Founder and Managing Partner of Reynolds Gory & Co, LLC where he is responsible for origination and execution of capital markets opportunities and fi
Slide 24: GEE Group
G GEE Group GEE Group www.geegrou) om NYSE American: JOB Providing Professional Staffing Services and Human Resources Solutions GEE Group | January 2022 24