Gee Group Inc. · AMEX:JOB
Gee — Investor Presentation (October 2021)
25 slides from Gee's investor presentation, Oct 13, 2021
Slide 1: GEE Group Investor Presentation
GEE Group Employing America since 1893 Investor Presentation October 2021 “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 Forward-Looking Statements In addition to historical information, this presentation contains statements relating to the Company's future results (including certain projections, pro forma financial information, and business trends) that are “
Slide 3: Investment Highlights
G Investment Highlights GEE Group Premier staffing services and HR solutions provider in ~ $150 A qa bagel crue) billion industry poised for post-COVID19 growth Excellent Strong pro forma financial results and improved balance Financial and sheet following elimination of $110 million in debt and $12
Slide 4: GEE Group Snapshot
G GEE Group Snapshot GEE Group [Key Statistics + Formed in 2015 w/ mission to build an industry-leading professional staffing and HR solutions provider * Today have footholds in desirable end markets led by IT * Strategy is to grow (1) organically leveraging our size and scale and, (2) by acquiring
Slide 5: GEE Group's Comprehensive Offerings
GEE Group’s Comprehensive Offerings GEE Group Professional Light Industrial (87% of Revenue) (13% of Revenue) Information Finance, Light Verticals Technology Accounting & Office Engineering Heaiticars Industrial 2019P Revenue 0 ® Breakdownitv2) $58mm (42%) $57mm (41%) — $4mm (3%) $2mm (1%) $17mm (13
Slide 6: Growth Story: Evolution of a Premier Staffing Platform
Growth Story: Evolution of a Premier G Staffing Platform GEE Group 2020 / 2021 GEE Group eliminates $110m in debt, 2018/2019, Simaeeesn GEE Group generates $37m in net eG GEE Group undergoes gains and raises . comprehensive $57.5m in new equity comatose | A 2016 restructuring and BB. “General Employ
Slide 7: National Scale with Long-Standing and Respected Local Presence
National Scale with Long-Standing 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 whi
Slide 8: Long-Term Client Associations Ranging from SMEs to Fortune 500 Clients
Long-Term Client Associations Ranging G from SMEs to Fortune 500 Clients GEE Group Extensive portfolio f clie and medium ts with a focus on si | 2018 Revenue by Customer | Shift to Higher Margin Verticals 20151) + GEE Group has built a differentiated portfolio of clients across a diverse set of end
Slide 9: Competitive Landscape
Competitive Landscape G GEE Group MU Bre > KFORCE Modis — sandstad Gi) Robert Half STEKssens sition Goa” HOXEN BaRobert Hat Mil! Manpower Scribe ©) scriveAnerica NUTE MEN THE RESERVES NETWORK SNIDER*BLAKE GEE Group's Competitive Stren: ¥ World-class applicant tracking system ¥ National recruiting ca
Slide 10: Award Winning Service
Award Winning Service GEE Group GEE’s brands are known and recognized for providing outstanding service to clients @ @. e e ay eo e ” GEE Group’s SNI Companies’ four main brands are Continual Winners of ClearlyRated’s Best of Staffing? for Client and Talent Satisfaction including for 2021! fing Firm
Slide 11: Drive Organic Growth and Add Complementary High Growth Specialties
Drive Organic Growth and Add Complementa High Growth Specialties . Our consultative, relationship-based, problem-solving culture is allowing us to capitalize on post- coronavirus opportunities J Aaa Complementary High Growth Specialties + GEE Group's leading platform is well positioned for continued
Slide 12: Grow Through Accretive Acquisitions
Grow Through Accretive Acquisitions — ceeoup Robust platform with the infrastructure and scalability to expand rapidly through acquisitions [Platform for Strategic Acquisitions | Selective Acquisition Criteria + Acquisition-driven growth to augment organic growth Y Focus on IT and Professional Secto
Slide 13: Large Addressable Market Opportunity with Attractive Growth Dynamics
Large Addressable Market Opportunity with G Attractive Growth Dynamics ( in billions) GEE Group 146m U.S. Employment U's, continent (remains down 3.5% from Workforce pre-pandemic; Feb 2020) 51m 35% 5.2% U.S. Unemployment GIG % of Total Rate 16% $170 $150 $164 c $157 sie wa / $143 $135 $138 $136 G GE
Slide 14: Financial Highlights
Financial Highlights G ($ in millions) GEE Group Net Revenues LTM 6/30/21 Revenue Breakdown $180 $165.3 $160 $151.7 Sia $135.0 $129.8 $138.4 Contract $120 Staffing $100 $83.1 Prof 89% $80 $60 | $43.4 Finance, 0 Indu: Accounting $20 | 14° and Office $0 36% Sep-15 Sep-16 Sep-17 Sep-18 Sep-19 Sep-20 LT
Slide 15: Q3 FY 2021 Snapshot
Q3 FY 2021 Snapshot ‘$ in millions, except per share amounts, G GEE Group June 2021 Quarter Results Dynamics +43% Net loss $(0.9)m Pro forma net income © $1.6m Net loss per share $(0.01) Pro forma diluted EPS © $0.02 Adjusted EBITDA* $3.1m Pro forma FCF* $2.8 Strong Q/Q (2021 v. 2020) organic top- l
Slide 16: Earnings Performance
Earnings Performance G GEE Group ($ in millions - except EPS; no. of shares in millions) Quarterly Performance Adj. EBITDA’ Q3 Q2 Q3 ($ millions) Net Revenue: $ in mitions Fy 2021 FY 2021 _ FY 2020 $38.1 Net income (loss) attributable tocommon $ (0.9) $ (17) $ 317 Interest expense 05 25 33 Provision
Slide 17: Free Cash Flow
Free Cash Flow* G ($ in millions) GEE Group . Q3FY21 QiQVar$ Q2 FY’21 commentary Net eamings (loss)* ($0.9) $31.7 | * FCF*Q/Q $(4.7)m downward swing associated w/ Depr., Amort,, PIK interest 16 29 recent business growin Veen Ge 02 03 | * Netuse of working capital -© in FQ3 2021 in line w/ = — COVID
Slide 18: Deleveraging Initiatives
Deleveraging initiatives G. '$ in millions’ Debt reduction@) Results aosetecomen:) — anviensiot: _ stag teed LIQUIDITY — $7.4m cash and new $20 bank Mezz Preferred® sas ABL (est. annual IR of 4% to 5.25%) $63 ea 63 DEBT — $110m in debt now retired resulting in ~ $12m annual interest savings CAPITAL
Slide 19: 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 resulting in expansion of size, scale, geographic footprint, delivery capability and menu of higher-margin services + Rep
Slide 20: Investment Merits Summary
G Investment Merits Summary GEE Group e Large market (~ $150bn plus) supported by key secular trends for long-term growth e Post-COVID 19 momentum e Industry ripe for consolidation / many actionable targets e Disciplined focus on high-margin, attractive verticals e Diverse client base, ranging from
Slide 21: Appendix
GEE Group Employing America since 1893 APPENDIX + Management Biographies * Independent Directors Biographies GEE Group | August 2021 21
Slide 22: Management Biographies
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 acquisi
Slide 23: Independent Directors Biographies
Independent Directors Biographies 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 registered investment firm + Previously served as the International
Slide 24: Independent Directors Biographies
Independent Directors Biographies GEE Group Outstanding board members with tremendous leadership experience at the highestlevels Matthew Gormly — Director + Founder and Managing Partner of Reynolds Gormly & Co, LLC where he is responsible for origination and execution of capital markets opportunitie
Slide 25: GEE Group
G GEE Group GEE Group www.geegroup.com NYSE American: JOB Providing Professional Staffing Services and Human Resources Solutions GEE Group | August 2021