Slide 1: The New Industry Standard for Immersive Wireless Sound
The New Industry Standard for Immersive Wireless Sound NASDAQ: WISA Q1 2021 Investor Presentation May 12, 2021
Slide 2: Forward Looking Statements
2 NASDAQ: WISA Forward Looking Statements This presentation of Summit Wireless Technologies, Inc . (NASDAQ : WISA) (the “Company” or “WISA”) contains forward - looking statements within the meaning of Section 27 A of the Securities Act of 1933 , as amended, and Section 21 E of the Securities Exchang
Slide 3: Summit Wireless: leading provider of immersive wireless sound technology
3 NASDAQ: WISA Markets and sells ASICS, modules & IP that is integrated into leading TV & speaker brands Association with 70+ leading CE brands implementing WiSA global interoperability standard Summit Wireless NASDAQ: WISA Summit Wireless Summit Wireless is a leading provider of immersive, wireless
Slide 4: 25+ Brands Shipping Summit Wireless' Technology
4 NASDAQ: WISA 2021 Shipping Display Members System Audio A/S 2021 Shipping Members 4 5 th Display Brand Strategic Partners 25+ Brands Shipping Summit Wireless’ Technology 6 th Display Brand
Slide 5: Driving 2021 – 2022 Growth
5 NASDAQ: WISA Driving 2021 – 2022 Growth • SoundSend providing universal, low - cost WiSA connectivity • WiSA Wave: 1M visitors projected for 2021 • Next - Gen Discovery Wi - Fi technology broadening the market through lower cost Growth Drivers WiSA Wave Launch Q3 2020 SoundSend Launch Q4 2020 Next
Slide 6: LG and Hisense Launch 2021 WiSA Ready TVs
6 NASDAQ: WISA LG and Hisense Launch 2021 WiSA Ready TVs Set up and tuning controls are in the TV user interface and use the TV remote.
Slide 7: Multiple New Speakers
7 NASDAQ: WISA Multiple New Speakers Bang and Olufsen (B&O) Harman Radiance Lithe for Dolby Atmos Onkyo Sound Sphere
Slide 8: WiSA SoundSend Certified
8 NASDAQ: WISA WiSA SoundSend Certified • Won four awards to - date • Pushing new software update for enhanced features and performance in May • Starting international distribution this quarter
Slide 9: The Wave Driving WiSA Market Expansion
9 NASDAQ: WISA The Wave Driving WiSA Market Expansion Expanding the WiSA Association to a consumer facing platform to drive retail sales: • Increasing consumer visits and consumer education of WiSA’s benefits • Expanding the WiSA category of products for the consumer, retailer, and brands • Lowering
Slide 10: WiSA Wave Accelerating Web Traffic
10 NASDAQ: WISA 1,200 2,400 3,400 19,200 34,300 47,000 99,500 185,000 139,000 165,000 250,000 450,000 Q1 '19 A Q2 '19 A Q3 '19 A Q4 '19 A Q1 '20 A Q2 '20 A Q3 '20 A Q4 '20 A Q1 '21 A Q2 '21 E Q3 '21 E Q4 '21 E 1M+ Visitors Projected in 2021 WiSA Wave Launched Sept. ‘20 WiSA Wave Accelerating Web Tra
Slide 11: New WiSA Wave
11 NASDAQ: WISA New WiSA Wave • Leveraging WiSA’s analytics to • Lower direct to consumer marketing costs for our members • Increase WiSA category awareness and product sales • Appointed digital marketing executive Wendy Wilson to the board • VP of Marketing for Chargepoint , one of the world’s larg
Slide 12: Q1 '21: Another Record Revenue
12 NASDAQ: WISA Q1 ‘21: Another Record Revenue $0.4 $1.2 $1.7 $2.4 $4.0 Q1 '20A Q1 '21A 2019A 2020A TTM Q2 '21E 18% Revenue & Gross Margin ($ in M) Q1 ‘21 • $1.2M revenue, up 181% vs. Q1 ‘20 • GM 25.6%, vs. 23.9% in Q4 ‘20 & 15.3% in Q1 ‘20 • Opex $3.0M, including $0.3M of non - cash charges, below
Slide 13: Expanding Market
13 NASDAQ: WISA Expanding Market CE & OEMs embedding audio standard to intelligent devices & next - gen home entertainment Global Interoperability Standard IP Portfolio and TM 15 patents issued/pending covering key claims + WiSA 䉼 Paradigm Shifts Create Opportunity Attractive & Highly Scalable Model
Slide 14: Thriving WiSA Ecosystem Driving 2021 Growth
14 NASDAQ: WISA More Consumers More Speaker Brands More Products Lower Entry Prices More TV Integration Thriving WiSA Ecosystem Driving 2021 Growth Driving Revenue Growth NASDAQ: WISA
Slide 15: Investor Relations
Investor Relations Greg Falesnik, CEO - MZ North America 949 - 385 - 6449, WISA@mzgroup.us Kirsten Chapman, MD - LHA Investor Relations 415 - 433 - 3777, summit@lhai.com Summit Wireless Technologies, Inc. 6840 Via Del Oro, Suite 280 San Jose, CA 95119 www.summitwireless.com