Wejo Group Limited · OTC:WEJOF
Wejo — Corporate Update (September 2022)
15 slides from Wejo's corporate update, Sep 28, 2022
Slide 1: End-To-End Insurance Teach In
End-To-End Insurance Teach In September 2022
Slide 2: Disclaimer
Disclaimer Forward Looking Statements This communication contains “forward-looking statements” within the meaning of the “safe harbor’ provisions of the United States Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this release,
Slide 3: Wejo at a Glance
Car Sensors Almost all cars built after 2015 contain sensors that detect things like road conditions, impact severity, speed thresholds and more We)o © wejo ta Wejo at a Glance » O)renaucr Ford Europe These sensors collect data which is then provided back to the original equipment manufacturer (OEMs
Slide 4: Why Wejo
Why Wejo Precision AY Connected Vehicle's GPS devices have large antennas on the outside of the car, always providing the best reception. Whereas Ko}) traditional mobility data sources like mobile phones or telematics dongles suffer from connectivity issues, affecting data precision. Connected Vehic
Slide 5: Marketplace Data Solutions — Products & Target Customers
Marketplace Data Solutions — Products & Target Customers Expanding into new product lines Traffic ' i > & —chargepoin+ Management i Kia | = nets | romrom BOSCH wy connect H ' O GeoTaB is RAPIDSOS > =abertis 1 ‘Audience & Media: — Fleet Management Roadside ' = Payments 1 Measurement | Services Assist
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Slide 7: Wejo Value Proposition across the insurance lifecycle
Vehicle condition / residual value management + Understand maintenance logs + Determine changed driver details Wejo Value Proposition Automated first notice of loss (FNOL) Support for crash reconstruction analysis Contextual / environmental impact analysis Policy VALIDATE POLICY INFO + “Analyze Jour
Slide 8: Risk Analysis
Risk Analysis Wejo is developing these new capabilities to optimize our Insurance offering Driver Scoring Determine the insured’s driver score and the probability of a future accident or potential reward for good driving behavior Geographical Driving Risk Utilize 19 million vehicles on platform to a
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Slide 10: Data Value to Consumers and Insurers
Data Value to Consumers and Insurers Customer Perceptions of Digital Claims 79% would trust automotive claims powered entirely by Al (up 7% YoY) 70% would switch insurers for a faster digital claims experience (up 3% YoY) 55% have taken images of their vehicle and uploaded onto insurers platform A9%
Slide 11: Wejo Will Deliver Value to Insurers and Consumers
Wejo Will Deliver Value to Insurers and Consumers Improvement in Claims Management positively impacts all parts of value chain Customized pricing based on own driving habits Continuous status of claim servicing More efficient handling of claims Faster vehicle repair Less claim denial Wejo © wejo td.
Slide 12: $1,698 $3,316 $5,857 $9,209 $12,953 $16,863 $21,295 $26,209 $31,529 0 5,000 10,000 15,000 20,000
$1,698 $3,316 $5,857 $9,209 $12,953 $16,863 $21,295 $26,209 $31,529 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 2022 2023 2024 2025 2026 2027 2028 2029 2030 Chart Title Payments Insurance FMS leasing Rental and shared mobility Connected assistance Remote diagnostics Traffic Information Audienc
Slide 13: Products and Revenue Opportunity: Developing a Phased, Partnership Approach
Products and Revenue Opportunity: Developing a Phased, Partnership Approach with Insurance Company to Rapidly Develop a Vehicle Data Ecosystem Phase 1 Phase 2 Phase 3 Wejo & Insurance Company DEPT f tt _ y | He ADEPT alee vehicle Data Ecosystem Develop a custom ADEPT instance Integrate multiple data
Slide 14: Insurance Revenue Illustration
Insurance Revenue Illustration Estimated Global Connected Vehicles (M)! 351 él Revenue illustrations built upon: . , , és + Number of vehicles on Wejo’s Connected Vehicles accessible by Wejo (M) 55 205 platform Insurance consented vehicles accessible by Wejo (M)? 1 > 13 + Realization of the market p
Slide 15: Key Takeaways
Key Takeaways The Insurance product vertical presents a huge opportunity for Wejo Most product solutions focus solely on UBI where End-to-End Insurance is a more valuable opportunity Tt @& BA Wejo can deliver significant value to both Insurers and Consumers Insurance product vertical can create hund