Gee Group Inc. · AMEX:JOB
Gee — Investor Presentation (November 2020)
28 slides from Gee's investor presentation, Nov 16, 2020
Slide 1: GEE Group
G GEE Group Employing America since 1893 “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 adtion to historical information, this presentation contains statements relating tothe Company's future results (including certain projectons, pro forme fnancial information, and business trends) that are “forwa
Slide 3: GEE Group Overview
GEE Group Overview | Company Snapshot Formed in 2015 to build an industryteading provider of professional staffing services and HR solutions * Secure footholds in the most desirable end markets, including information technology (IT). finance, accounting and office support (FA8O), engineering, health
Slide 4: GEE Group's Comprehensive Offerings
GEE Group’s Comprehensive Offerings GEE Group \g solutions across in-demand, attractive vertical Professional (86% of Revenue) Light Industrial (14% of Revenue) Revenue Breakdowns) ‘$55mm (40%) ‘$4mm (3%) ‘$2mm (1%) ‘$19mm (14%) 4% 81% 2% 19% Bill Rate Range®) $40-$200mnr4) $25-$100hhe $40-$70hr $17
Slide 5: Award Winning Service
G Award Winning Service GEE Group GEE’s brands are known and recognized for providing outstanding service to clients GEE Group’s SNI Companies Wins Clearly Rated’s Best of Staffing® for Client and Talent Satisfaction for the 6 Straight Year GEE Group Named One of the Largest Agile Resources Named On
Slide 6: Evolution to Premier Staffing Platform
Evolution to Premier Staffing Platform GEE Group ‘Consuting, aDalas- 2015 based IT and PANIES” Acxuies Agile professional stafing ora ore Resources, a fast company owing I stafing frm AGILE* paLagin
Slide 7: Leading Professional Staffing Provider Across Attractive Verticals
Leading Professional Staffing Provider G Across Attractive Verticals GEE Group GEE Group is aligned with high margin and fast growing professional staffing verticals * IT staffing has high + Forecasted 4% growth in + Expected to grow at 4% + Expected to grow at 3% margins and robust 2019 and 2020 su
Slide 8: National Scale with Long-Standing and Respected Local Presence
National Scale with Long-Standing and Gg Respected Local Presence GEE Group + GEE Group provides cients 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 ofthe states in wh
Slide 9: Long-Term Associations with Premier Fortune Caliber Clients
Long-Term Associations with Premier G Fortune 500 Caliber Clients GEE Group Extensive portfolio of clients with a focus on small and medium businesses + GEE Group has bul a differentiated portiolo of cients across a diverse set of end markets, serving cients of all sizes with a focus on ‘small and m
Slide 10: Best in Class Management with a Proven CEO
G Best in Class Management with a Proven CEO GEE Group + In 1994, Derek Dewan was named CEO of AccuStaff/ MPS Group, a national statfing company, and subsequently took the company public » 1994 Revenue: $137 milion + Soldy established as a regional power in the early 1990s + Subsequently engaged in
Slide 11: Strong Momentum with a Track Record of Successful Acquisitions
Strong Momentum with a Track Record G of Successful Acquisitions GEE Group J overview + Leadership has a strong history of successful acquisitions and has completed four bolt-on acquisitions in recent years, as well as a transformational merger in 2017 + Mergers rationalized expenses, reduced SG&A,
Slide 12: Grow Revenue Through Existing Core Offerings
Grow Revenue Through Existing Core Offerings GEE Group Cross-Sell and Brand Re-vitalization New Production Talent + GEE brands have a signcant opportunity to reinvest in revenue producing personnel and focus on the recovering ‘economy, including post-coronavirus opportunities + ~50 addtional op prod
Slide 13: Continue Track Record of Productivity and Operational Improvements
Continue Track Record of Productivity and G Operational Improvements GEE Group | increase Productivity of Existing Personnel | Continued Operational improvements + The Company has a strong focus on productivity and refring + While growing trough acquisitons, GEE Group has operations successfully red
Slide 14: Add Complementary High Growth Specialties
GEE Group Add Complementary High Growth Specialties Our consultative coronavirus opportu ‘Add Complementary High Growth Specialties + GEE Group's leading platform isan excellent vehicle for continued expansion into addtional atractve, high growh specialties * Complementary verticals offer opportunit
Slide 15: Expand in New Geographies and Existing Markets
Expand in New Geographies and Existing Markets Gee Group Se | expand in New Geographies and Existing Markets + GEE is able to grow its footprint into several lucrative markets and expand its national presence to penetrate “white space,” both with new branches and brand locations » GEE has worked wit
Slide 16: Grow Through Accretive Acquisitions
Grow Through Accretive Acquisitions G GEE Group Robust platform with the infrastructure and scalability to expand rapidly through acquisitions | selective Acquisition Criteria | Piatorm for strategic Acquisitions + Acquistion-driven growth to augment organic growth ‘Opportunies for each brand + GEE
Slide 17: Large Addressable Market with Attractive Growth Opportunities
Large Addressable Market with Attractive G Growth Opportunities GEE Group | Attractive industry Dynamics + Businesses continue to increasingly turing to human capital experts as shifting workplace dynamics, demographic changes and ‘workforce complexities require more complex solutions for staffing a
Slide 18: Favorable Industry Dynamics
Favorable Industry Dynamics G + Companies are becoming Decreased Supply of Workers . rere) on badsacin non-core business actviies, + Overall unemployment has fallen to 37%, remaining at the lovest levels since 1969, with the Federal Reserve predicting rates below Particularly HR functions and econ S
Slide 19: Drivers of Secular Shift to Temporary Staffing
G Drivers of Secular Shift to Temporary Staffing GEE Group Sulpob. Demand ae pamper ‘etrenceet Efficiency: Variable cost structure Necessity: Use part time work to construct the desired income and lifestyle Pay/benefits: Pay can be higher than full-time; portability of benefits Technology: Easier to
Slide 20: Growth in Accounting, IT and Engineering Staffing
s i 2 = Accounting TT staffing has been growing rapidly 2s companies devote significant capital to IT priorities and require the help of stafing firms to fil relevant positions The IT positions filed cover the entire project lfecyce and the breadth of desired skils continues to expand Provides profe
Slide 21: Competitive Landscape
Competitive Landscape GEE Group Why GEE Group Wins Au BRovex =cxGy —_ World-class applicant tracking system National recruiting call center helping fulfil jobs throughout the country = A eA KPORCE — MOGIS —renstad Experienced and skiled recruiters with knowledge of the sector and [i Robert Half STEK
Slide 22: 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 theBoard + AS CEO of GEE Group since 2015, Derek Dewan brings significant experience executing organic and strategic acquis
Slide 23: Outside Directors Biographies
G Outside 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 R
Slide 24: Outside Directors Biographies
Outside 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 opportunities and
Slide 25: Financial Highlights
Financial Highlights GEE Group Net Revenues: (Sinmiions) _ LTM June 30, 2020 Revenue Breakdown $150 $1360 $137.7 $100 $83.4 $0 $0 Sep-16 Sep-17 Sept8 Sep-19 .™ Jun-20 Non-GAAP Adjusted EBITDA (Sinmitons) $16 2% $20) $132 $12 sie $154 8 $10 4 182 “ 905 % $00 Sep-16 Sept7 Sept8 Sepi9 LIM en20 Mar20— M
Slide 26: Condensed Consolidated Income Statements — June 30, 2020
G Condensed Consolidated Income Statements — June 30, 2020 GEE Group Historical Income Statements (Sinmaons) For the Fiscal Year Ended 9/30, 2015A 20164 2019 LTM Jun-20 Net Revenues ssa $e34 $1507 ; % Growth 9.0% 1.5% () (09%) Cost of Contract Services 302 504 907 902 Gross Profit 2 BE Eo) as 6 Marg
Slide 27: Condensed Consolidated Balance Sheets — June 30, 2020
(In Milions) ASSETS Current assets: Cash Accounts receivable, net Other Total current assets Goodwit Intangible assets, net Other LT assets ‘TOTAL ASSETS LIABILITIES AND SHAREHOLDERS’ EQUITY Current fabitties: AP and Other ST portion of LT debt Total current abilities LT Debt, net Other LT liabiltie
Slide 28: GEE Group
G GEE Group GEE Group www.geegroup.com NYSE American: JOB