Mullen Group Ltd. · TSX:MTL
Mullen — Investor Presentation (January 2023)
23 slides from Mullen's investor presentation, January 2023
Slide 1: Mullen Group Investor Update January 2023
SF Mullen Group - «
Slide 2: Sustainability
“We Think Tomorrow – we view tomorrow as where we want to be and then strategize as how D IVER S ITY to best position our S TAB I LI TY organization to be successful.” R E LIABI LITY Murray K. Mullen SUSTAINABILITY
Slide 3: Our Mission
OUR MISSION SF Group WE ACQUIRE COMPANIES ; AND _—_ STRIVE TO IMPROVE THEIR PERFORMANCE
Slide 4: From One Truck in 1949 To 2023
From 1 Truck To 2023 in 1949 38 Business Units One of the Largest Logistics Providers in North America
Slide 5: Our Strategy
OUR STRATGEY Mullen Group Owns A Network Of Independently Operated Businesses 1. Maximize Operational 2. Commitment to Quality Performance of our and Leadership self-managed Development Business Units 3. STRONG 4. Effective Deployment Balance Sheet of Capital 5.
Slide 6: We are a Logistics Company
We are a Logistics Company OPERATIONAL CAPABILITIES
Slide 7: Mullen's Pivot (revenue by segment)
MULLEN’S PIVOT (revenue by segment) 2022 2014 2019 Specialized & Oilfield Industrial Services Trucking/ Less-Than-Truckload Services Logistics Oilfield Services Trucking/Logistics Logistics & Warehousing
Slide 8: 4 Operating Segments
|'caroewne | | GArDewne .| i Hy | i Logistics & Warehousing
Slide 9: Less-Than-Truckload Segment
LESS-THAN-TRUCKLOAD SEGMENT LARGEST FIRST & FINAL MILE NETWORK IN WESTERN CANADA AND ONTARIO • Tied to Consumer Needs • Temperature Controlled Delivery Services • Ambient Transportation – Healthcare Products • Leading-Edge Technology • Regionally Focused • Extensive Terminal Network
Slide 10: Less-Than-Truckload Segment
Less-Than-Truckload Segment • 11 Business Units • 12+ Service Centres / Hubs • 75+ Terminals • Strategic Interlining Agreements • Over 5,000 Points of Service • Technology • Trace and Track
Slide 11: LTL Coverage
LTL COVERAGE Serving 5,000 communities. Over 3 million shipments each year.
Slide 12: Logistics & Warehousing Segment
LOGISTICS & WAREHOUSING SEGMENT ONE OF CANADA’S PREMIER LOGISTICS AND WAREHOUSING COMPANIES SERVING NORTH AMERICA – THE LONG MILE • Intermodal • Logistics and Transload • Value-added Warehousing and Distribution (E-Commerce) • Full Truckload • Third-party Logistics
Slide 13: Logistics & Warehousing Segment
Logistics & Warehousing Segment • 11 Business Units • North American Focus • Asset Light • Logistics – 20,000 Subcontract Trucks • Integrated Technology Platform • Inventory Management Systems • Moveitonline®
Slide 14: Specialized & Industrial Services Segment
SPECIALIZED & INDUSTRIAL SERVICES SEGMENT WE SERVE CANADA’S NATURAL RESOURCES AND INFRASTRUCTURE SECTORS • Pipeline • Construction • Petrochemical • Infrastructure • Utility And Telecom • Oil And Natural Gas
Slide 15: Specialized & Industrial Services Segment
Specialized & Industrial Services SPECIALIZED SERVICES Segment • Water management • Environmental services PRODUCTION SERVICES • Pipeline construction • Civil construction • Industrial cleaning and turnaround services • Municipal development and DRILLING AND DRILLING RELATED SERVICES emergency suppo
Slide 16: U.S. & International Logistics Segment
U.S. & INTERNATIONAL LOGISTICS SEGMENT • Tied to General Economy in the U.S. • Non-asset based • Third-Party Logistics (3PL) • Independent Station Agents (Sales) • 6,000 Sub-Contract Carriers • Proprietary Transportation Management Platform
Slide 17: 2023 Business Plan Priorities
2023 Business PRIORITIES… Plan: 1. Capital Investments: $85.0 million in environmental and efficient operating assets, exclusive of corporate acquisitions or investment in facilities, land and buildings. $70.0 million: Maintenance Capital - to improve our Business Units Generate $15.0 million
Slide 18: Sustainable Investments
SUSTAINABLE INVESTMENTS
Slide 19: Why Invest in Mullen?
WHY INVEST Adapt and Innovate: adjusted our Rewarded IN MULLEN? business Shareholders: over $1.3 billion in dividends paid out We have managed People Focused: through every employer of choice economic and and committed to Great stewards business cycle safety and the of capital: environment today we
Slide 20: Sustainably Focused on Your Entire Mile
SUSTAINABLY focused on your ENTIRE MILE
Slide 21: End Result
Engaged and committed people END Adaptability and innovation RESULT Superior profitability Excellence in Safety 74 years of sustainability and climbing
Slide 22: Mullen Group
SF Mullen Group
Slide 23: Disclaimer
DISCLAIMER This report contains forward-looking statements which reflect management’s expectations regarding Mullen Group Ltd.’s (“Mullen Group”) future growth, financial condition, results of operations, performance, business prospects, strategies and opportunities. Wherever possible, words such as