Slide 1: Investor Wrap Update March 2023
e INVESTOR WRAP UPDATE MARCH 2023
Slide 2: Safe Harbor Statement
WRAP SAFE HARBOR STATEMENT Forward: without linitation, tives expectations about the market for our current and revenues; strategies ad trends, incucing the benefits of, tserchanaeeopmert nese the ning and elation offre contacted redietions, spectation, estates o future er ding our etloos for 2023 f
Slide 3: { Al its Reserved
{© 2023 Wrap technologies, Inc Al its Reserved
Slide 4: Rising Conflict Leads to the Need for De-escalation
WRAP __ RISING CONFLICT LEADS TO THE NEED FOR DE-ESCALATION Mental Health Crisis In 2019, nearly a billion people — ineluding © Lekman, Leo a On Social Conflict ‘Since 2017, there have been over 230 Signtcant antgovernment protest wrdwide ‘more than 100 countries, ofa Litigation & ‘More than $3.2 bi
Slide 5: We Are Only Targeting the De-escalation Market
WRAP WE ARE ONLY TARGETING THE DE-ESCALATION MARKET 2% Pain p is target Compliance LEAST FORCE {UKEUHOOD OF USE {LETHAL FORCE | prevenrine nun - WE COVER rRoM VOICE TO USE OF FORCE eo conan avon O sovwnas
Slide 6: De-escalation Leads to Safer Policing Outcomes
WRAP __iODE-ESCALATION LEADS TO SAFER POLICING OUTCOMES. BOLAWRAP® 150 At WRAP, we save lives and reduce the risk of injury by DENCE cis couesand equipping the public safety Fe ae aeons industry with innovative tools and training that enable police and TT: See 8 eee take ir inl iduals one-time clips
Slide 7: BolaWrap Saves Lives
BOLAWRAP SAVES LIVES
Slide 8: BolaWrap Remote Restraint Device
WRAP Customizable colors and accessories for 8 BOLAWRAP® 150 REMOTE RESTRAINT DEVICE i ie personalized departments BolaWrap Devices | CASSETTE Serialized, one-time use eS @ han, u ACCESS ORE: Holsters, bel clips, ete, For granted Multipl le and foreign rents nd pending
Slide 9: Defining a Successful BolaWrap Outcome
WRAP __ DEFINING A SUCCESSFUL BOLAWRAP OUTCOME ake bin cay stl, wihoinfcng pn or ecting oe higher lees offre. BolaWrap® aids in an individual being detained, without the ‘ *aotaap Depa escalation of force and without ET A DL ee significant injury to the individual or officers.
Slide 10: Global Deployment Is Growing
WRAP © GLOBAL DEPLOYMENT IS GROWING 900+ Police agencies in the US and 59 countries currently have BolaWrap® devices,
Slide 11: Reality: Training Saves Lives
WRAP REALITY™: ERE TRAINING SA\ LIVES
Slide 12: WrapReality Is the Future of Training Today
WRAP wrAPREALITY™ IS THE FUTURE OF TRAINING TODAY Cutting-edge virtual reality training technology for law enforcement and security personnel 4 FULLIMMERSION Vital eat brings the stress ofthe real world inte the ‘raining space (minimum 10'x 10"; maximum 30x30) QUALITY CONTENT Each moduleis designed
Slide 13: Market Outlook
MARKET OUTLOOK
Slide 14: Significant Total Addressable Market
WRAP $16.1B 17 $9.0B SIGNIFICANT TOTAL ADDRESSABLE MARKET @& 900,000 105,000,000+ Total Addressable Market 75,000,000
Slide 15: BolaWrap Deployment Continues to Grow
WRAP __BOLA WRAP DEPLOYMENT CONTINUES TO GROW BolaWrap 150° 3-Year Market Opportunity 5% Currently Deployed) 1% Currently Deployed UsPoice Officers 5% Total Market Penetration Potential full market opportunity for BolaWrap® 15% 5% z 23 = £2 ss. +$175M +$750M 2022 2028 2024 2028 z° Eo ce +$ 15M +S 60
Slide 16: Corporate Strategy
CORPORATE STRATEGY SOLID GO FORWARD STRATEGY
Slide 17: Our Strategic Roadmap for Success
WRAP OUR STRATEGIC ROADMAP FOR SUCCESS = Execute on comprehensive roadmap focused on sustainable growing revenue, driving strong margins, and supporting long run profitability = Implement enhanced sales approach for long-term value creation = Use improved pricing to expand domestically, internationa
Slide 18: Our Go-To-Market Priorities
WRAP OUR GO-TO-MARKET PRIORITIES = Expanding the Sales Function p: Distribution Partners * i & Lead Generation * Dedicated Inside Sales Function * Better Pipeline Management * Sales Commit Call = Better Sales Funnel Communication
Slide 19: Robust Distribution Network
WRAP __ ROBUST DISTRIBUTION NETWORK DISTRIBUTION NETWORK International International Distributor Network 49 International Distributors 59 Countries currently with BolaWrap products 59 Countries covered by Distributors United States US Distributor Network Distributors 50 States covered by Distributor
Slide 20: Agency Deployment Path
Large Departments Federal Agencies 2 ‘Small Departments —> Large Departments Federal Agencies by WRAP Training \ Demonstration \ Full Agency oe Deployment Pra Sear aeed
Slide 21: Q4 2022 Update — A Record Quarter
WRAP Q4 2022 UPDATE — A RECORD QUARTER Strategic Update Deployed strategic Roadmap deployed Redesigned go-to-market sales approac Connected with all major distributors across the Globe to realign sales process and introduce new management team Continued to Deploy Products Trained law enforcement age
Slide 22: Strong Financial Outlook
STRONG FINANCIAL OUTLOOK
Slide 23: 2022 Accomplishments
WRAP 2022 ACCOMPLISHMENTS Redefined Sales Established Process and Gained Clear Mission Control of Engineering and Marketing Costs Strategic Plan Launched
Slide 24: Continuing to Build on Historical Revenue Growth
WRAP CONTINUING TO BUILD ON HISTORICAL REVENUE GROWTH Annual Revenue Continues Strong Growth 2022 YTD Revenue Breakdown $8.1M Americas 1% $8.1M $7.7 sia Pace 3% 202. REVENUE EMEA 26% $3.9M | Annual International Revenue eS <2: SS $0.7M —————— Bso2
Slide 25: Focused on Reducing Cost and Increasing Cash Flow
WRAP FOCUSED ON REDUCING COST AND INCREASING CASH FLOW. ‘As a company, we are focused on improving margins and sales while reducing and eliminating non-critical mission SG&A and R&D costs. In 2022, we reduced ‘our OPEX costs by over $5M. Going forward, we expect OPEX to be around $5M per quarter. IM
Slide 26: Strong Balance Sheet Supports Future Growth
WRAP Qs STRONG BALANCE SHEET SUPPORTS FUTURE GROWTH LS TTT TT Current Assets Cash & ST Investments $193 $m Other Current Assets 28 63 Total Current Assets $9 $42 Other Assets az 30 Total Assete Sms sue Liabilities and Stockholder’s Equity abies Current Lablities $32 $28 Long-Term Liabilities 03 oa T
Slide 27: Focused Targets for the Future
WRAP FOCUSED TARGETS FOR THE FUTURE QUARTER SALES ABOVE QUARTER OPEX $5M IN 2023 AROUND $5M IN 2023 QUARTER PROFITABILITY ADJUSTED QUARTER EBITDA IN Q4 2024 BREAKEVEN BY Q4 2023
Slide 28: Summary
SUMMARY
Slide 29: Summary of Key Considerations
WRAP | SUMMARY OF KEY CONSIDERATIONS * Demand for non-lethal and non-injurious restraint solutions for public safety continues to grow. = We continue to control Operating Expenses and expect our cash burn to continue to improve. = We expect to drive continued success to break even by the end of 2023
Slide 30: Wrap Technologies, Inc.
WRAP’ Wrap Technologies, Inc. 1817 W 474 STREET TEMPE, ARIZONA 85281 Wrap Investor Relations Matt Glover and Tom Colton Gateway Group, Inc. 949-574-3860 WRAPQgatewayir.com