Cea Industries Inc. · NASDAQ:BNC
Cea Industries — Surna — Q1 2021 Earnings Presentation
18 slides from Cea Industries's earnings presentation, May 13, 2021
Slide 1: Comprehensive Solutions for Controlled Environment Agriculture Facilities
Comprehensive Solutions For Controlled Environment Agriculture Facilities Q1 2021 Investor Presentation May 13, 2021
Slide 2: Cautionary Statements
==Esurna Cautionary Statements Forward Looking Statements This investor presentation may contain statements of a forward-looking nature retating to future events. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. These statements
Slide 3: Corporate Strategy
== SURNA Point A (2018) 5 é Corporate Strategy == SURNA Goal: Create widely held, actively traded, fully valued Nasdag-listed company by Q4 2021 Organic Business Revenue: $9.6 MM (3-year CAGR 8%) ‘Adjusted net loss: $(2.7) MM ‘New build projects: Nearly 100% of revenue Expansion/etrot projects “Targ
Slide 4: Company Overview
=surna Company Overview Projects Completed ‘Suma has offered cultivators across the U.S. and Canada comprehensive cultivation environmental solutions since 2006. In that time, we have completed over 200 commercial projects. Over 200 Commercial Projects
Slide 5: Company Overview
surna Company Overview Cultivation Engineering Solutions & Design Ccontrotea ciate systems » Llcensea MEP Engineering contots » ‘Grow Reom Odor Mgation + Projects Completed , Installation & Maintenance Instatation Suppor» Preventative Maintenance » ‘Local Troubleshooting and Repair Services »
Slide 6: Controlled Climate Systems
== SURNA Controlled Climate Systems Other companies will try to sell cultivators on a design that fits the limited equipment they offer. Suma does things differently. Our equipment offerings span a wide variety of HVAC technologies, all with various benefits and applications. That means that our par
Slide 7: Licensed MEP Engineer
Licensed MEP Engineer After architects complete the floorplans, engineers must design the nuts and bolts of the facility; how to heat, cool and dehumidify the cultivation spaces. Suma provides fully stamped construction documents. Engineering & Design Unlike in a traditional HVAC setting, indoor cul
Slide 8: Installation & Maintenance Services
==surna Company Overview Installation Support Most Suma projects include access to our installation support team who will assist in the proper implementation of the system via site visits throughout the buildout phase and over-the-phone consultations. Preventative Maintenance Plans ‘Suma offers main
Slide 9: Environmental Control Products & Services
surna Environmental Control Products & Services Surna's Products and Services Offering Historical Timeline tei 2018 2019 2020 = 2024 YTD ‘Schematic drawings Stamped MEP Install & maintenance and onsite support design services + Refetr heat sis + 2p modular ties + spine mdr ited + Senyia™ Contos Spit
Slide 10: Key Financial Metrics
==surna Key Financial Metrics REVENUE BY YEAR REVENUE BY QUARTER 0 miton $55 18,0mition mas mas i i ie a a2 a3) attest au 218 me 2019 2019 2013 2019 20202020 2020-2020 2021 OPERATING INCOME (LOSS) CASH os $9.5 millon $33 s00 en — os 10 ess) 20 Cy at a2 a3 af at a2 as as at 2018 20192019 2019 2020-20
Slide 11: Bookings and Backlog
=surna Bookings and Backlog $14 milion $13.0 12 $118 S16 $10.4 10 $9.6 $8.9 $8.2 $8.4 8 6 $57 ioe $55 $4.8 $4.2 $36 4 $3.4 $26 2 $14 , | 2 S16 ai a2 Q3 a4 at a2 Qs Q4 Qi 2019-2019 _2019 2019 = 2020-2020 2020 20202024 Backlog I Net Bookings
Slide 12: Controlled Environment Agriculture
surnA Controlled Environment Agriculture The transition to Controlled Environment Agriculture presents a second high-growth market Estimated Growth of U.S. Legal Cannabis Industry SUSD Billions $50 $40 $30 $20 a | $0 2019 2020 2021 2022 2023 2024 m Legal Medical miLegal Adult Use ‘Source: New Fronti
Slide 13: CEA Infrastructure Opportunities
es i: Facility Selection a MA iz design Tag a Technical fea Infrastructure ct ; Construction =surnA CEA|Infrastructure Opportunities Facility Selection - Key Requirements Guidance Facility Design — Layout - Work Flow Process, Optimization Architectural Services Lighting Benching/Racking HVACD Equipm
Slide 14: Trade Name Update
== surna Trade Name Update URNA’ ultivation Technologies ==> SURNA— == ety)
Slide 15: Updated Organic Growth Strategy
‘i I Updated Organic Growth Strategy Developed new products and services to support organic growth Focused on entering new markets Sold products to commercial non-cannabis business Scaling CEA services to serve one of the highest growth agricultural verticals - indoor vertical farming ww Products an
Slide 16: Corporate Profile
Corporate Profile TRADING (as of 3/31/21) INDEPENDENT DIRECTORS ‘Symbol SRNA Trading Venue oTcas Stock Price $0.067 52-Week Price Range $0.015 -0.215 ‘Avg. Daily Volume (3 month) 2,520,000 Number Record Holders 131 Number Beneficial Holders (as of 2/24/21) 15,387 Penny Stock Yes CAPITALIZATION (as o
Slide 17: To receive Surna news via email
To receive Surna news via email please visit our website at www.surna.com/investor-relations/ Contact Information Tony McDonald Chief Executive Officer (303) 993-5271 tony@surna.com
Slide 18: Appendix A: Management Team
SURNA Appendix A: Management Team Tony McDonald Chief Executive Officer Renee Larson Vice President, Financial & Plant Controller Troy Rippe Vice President, Operations and Development Jon Kozlowski Vice President, Sales Kenneth Loshelder Director, Engineering and Field Services Jamie English Vice Pr