Slide 1: Investor Presentation May 2023
INVESTOR MAY 2023
Slide 2: Safe Harbor Statement
WRAP SAFE HARBOR STATEMENT
Slide 3: Rising Conflict Leads to the Need for De-escalation
WRAP RISING CONFLICT LEADS TO THE NEED FOR DE-ESCALATION Mental Health Crisis 0201, eta ion esting ® roomatiectett, | Lin0 al aso een Cremer baa QQ} Seciatcontic 2017 here have ben ove 230 Sesto aeons wane ‘noe hon 60 cou ofa Litigation & More than $32 illo hasbeen tte dans of ole maar cig allied ‘s
Slide 4: BolaWrap — Perfect for Those in Mental Health Crisis
WRAP _sBoLAwrapP 150 — PERFECT FOR THOSE IN MENTAL HEALTH CRISIS. 4M = A\| 33% =e we fom Sattptea responses Thereby ace 67% 50% greater pi y for individuals signs of a mental disorder fata pate restr i bog => | 55% + 01 BolaWrap deployments involve individuals who x2 are experiencing a mental health
Slide 5: We Are Only Targeting the De-escalation Market
WRAP WE ARE ONLY TARGETING THE DE-ESCALATION MARKET compance
Slide 6: The Mission Is Simple: Save Lives
THE MISSION IS SIMPLE SAVE LIVES
Slide 7: BolaWrap Field Use Data
WRAP BOLAWRAP FIELD USE DATA Deployment Distance Nature of Subject Injury impact Lost Work Days Avg # of Days Lost Per Incident Value 153,741 Under the influence? 55% Mental Health Crisis?
Slide 8: BolaWrap Saves Lives
BOLAWRAP SAVES LIVES
Slide 9: BolaWrap - Overview
WRAP _sBoLawrap 150 - OVERVIEW Safer Policing Outcomes Through Innovative Technology BENEFITS & FEATURES: + Gace tanger ec ne deve cn belemedin thetolavapisntdeigredto cause pin my jas uyoticerstme estes window of pporunty tay advance and detain (ret ebfon nai Conds coke o compl compos Te roids huma
Slide 10: Defining a Successful BolaWrap Outcome
WRAP __ DEFINING A SUCCESSFUL BOLAWRAP OUTCOME BolaWrap® aids in a suspect being taken into custody, ‘tia bene without the escalation of force yeti, ; ees a aking its oie and without significant injury to eng x Sy \ the suspect or officers.
Slide 11: Global Deployment Is Growing
WRAP GLOBAL DEPLOYMENT IS GROWING 900+ Police agencies in the US. and 59 countries currently have BolaWrap® devices.
Slide 12: Reality:
WRAP REALITY:
Slide 13: Cutting-edge Virtual Reality Training
Cutting-edge virtual reality trainin security personnel E TRAINING TODAY FULLINMERSION ital reality brings the “stress othe rea wot int the training space Iisimum 1x17; maximum 30x30) ‘QUALITY CONTENT Each module is designed by poi taining experts \WIDE SPECTRUM OF SKILLSETS Useet arc, de-eclaton, c
Slide 14: WRAP Reality Expansion Strategy
WRAP _ wrap REALITY EXPANSION STRATEGY { Current Platform Convert Content to Unreal Cloud Platform Infinitely Scalable Large Police Departments & Correctional Institutions Small se Nein, Police vi ™ Faster Scenario Development Commercialization 6: Correctional Foaltes General Consumer, Private Secur
Slide 15: WRAP Reality for Law Enforcement
WRAP _ wrap REALITY™ FOR LAW ENFORECEMENT for 36% of that Growth Seen Wrap Reality™ has a unique opportunity valores ity™ . Simulation Training Market for Law CERO ERIS Enforcement and Corrections. — + There are about 18,000 police arge Police a aE departments in the US. Deserts Realistic Weapons Si
Slide 16: Significant Market Outlook
‘SIGNIFICANT MARKET OUTLOOK
Slide 17: Significant Total Addressable Market
WRAP SIGNIFICANT TOTAL ADDRESSABLE MARKET $16.1B Bs 12,435,974 000+ 5, 000; Tol desl Me 20,000,000+ &
Slide 18: BolaWrap Deployment Continues to Grow
WRAP BOLA WRAP DEPLOYMENT CONTINUES TO GROW Potential full market opportunity for BolaWrap® St Currently Deployed ° I Be ms. +$175M mB +$ 15M 5% Penetration +$750M +$ 60M
Slide 19: Corporate Strategy
CORPORATE STRATEGY
Slide 20: 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 21: Robust Distribution Network
WRAP __RoBUST DISTRIBUTION NETWORK DISTRIBUTION NETWORK International International Distributor Network 49 International Distributors 59 wth Bolairap products 59 Countries covered by Distributors United States US Distributor Network 13 Distributors 50 States covered by Distributors 120+ Distributor
Slide 22: Large Departments
Large Departments Federal Agencies : Demonstration Full Agency Deployment ea Ryerss ining Large Departments Federal Agencies Policy Writing
Slide 23: Strong Financial Outlook
STRONG FINANCIAL OUTLOOK
Slide 24: Continuing to Build on Historical Revenue Growth
WRAP CONTINUING TO BUILD ON HISTORICAL REVENUE GROWTH Annual Revenue Continues Strong Growth $0.7M $3.9M $7.7M, $8.1M $0.7 2022 Revenue Breakdown $8.1M 2072 REVENUE een 2% International Revenue Growth ee «:
Slide 25: Income Statement Improvements
WRAP 01 INCOME STATEMENT IMPROVEMENTS CONTINUED OPEX REDUCTIONS. IMPROVED GROSS PROFIT ross Profit so4M srr m iN s6om $eom 5 “ouam fl) stow hii | | IMPROVED PRODUCT PRICING INCREASES MARGINS _s $77M. Q1’22 Actual Q1’23 Actual sz oat arz a222 as2 a2 arz Old Pricing sous ‘mRED
Slide 26: Strong Balance Sheet Supports Future Growth
WRAP STRONG BALANCE SHEET SUPPORTS FUTURE GROWTH Cash &STinvestments so $193 other Curent 22 26 Total Current Ae Snr $269 Total seats Sim ims LUsbtes and Stockholders Equity Current bites Bas a2 Long-Term bites ° 2 Total abies $37 $3 Stockholder Eauty ms an Total uabities and Stockholder’ auity sum
Slide 27: Summary
SUMMARY
Slide 28: 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 further reduce Operating Expenses and expect our cash burn to improve. = While Q1 was impacted by timing of order, we believe there is solid room for
Slide 29: Wrap Technologies, Inc.
WRAP’ Wrap Technologies, Inc. 1817 W 40 STREET TEMPE, ARIZONA 85281 Wrap Investor Relations 949-574-3860 WRAPRgatewayir.com