Shf Holdings, Inc. · NASDAQ:SHFS
Shf — Investor Presentation (April 2023)
20 slides from Shf's investor presentation, Apr 21, 2023
Slide 1: April 2023 Investor Presentation
April 2023 Investor Presentation | NASDAQ:SHFS
Slide 2: Disclaimers
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Slide 3: Disclaimers
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Slide 4: What We Do
What We Do Safe Harbor is a fintech platform with a stellar, 9-year track record of facilitating banking and lending services to the US cannabis industry.
Slide 5: Reasons to Buy
Reasons to Buy The only NASDAQ-listed company with fully compliant cannabis finance infrastructure a& Leadership and expert position in an underserved market with extremely high barriers to entry and regulatory oversight Tu National footprint in 41 states facilitating more than US $18 billion in dep
Slide 6: The U.S. Cannabis Industry is Growing
The U.S. Cannabis 37 States 21 States Industry is Growing Medical use legal —_ Medical and adult-use legal 13 States Potentially legalizing in 20232 >70,000 68% cannabis-related of Americans businesses (CRBs) support full federal legalization 48% of Americans live in a state where cannabis is legal’
Slide 7: Traditional financial institutions will not bank Cannabis-Related Businesses
Traditional financial institutions will not bank Cannabis- Related Businesses (CRBs) High risk, high barriers to entry No Safe Harbor: Potential prosecution for providing CRBs with financial services Illegal status: Conflicting state and federal laws regarding legalization High barriers to entry: Pe
Slide 8: Proven & compliant cannabis finance infrastructure
Proven & compliant cannabis finance infrastructure The most robust suite of specialized financial and treasury services available to the industry MONTHLY COMPLIANCE, DEPOSIT & TRANSACTION FEES, INVESTMENT & INTEREST INCOME ONBOARDING FEES Incoming Financial Transactions Proprietary Safe Proprietary
Slide 9: Income Composition
Income Composition 2% 5% @ 7% iN il ev Deposit Loan interest Ee activity fees income and fees Program Investment licensing fees income
Slide 10: In 9th Year of Success
In 9t* Year of Success Network First-to-market advantage, creating a i Published rf 4. eas. exclusion work FIRST sHF Launched national leadership position CashlessATM& cannabis Program proprietary closed loop banking book Licensing coftware Created Attorneys Stressing Assisting Qnboarding & General
Slide 11: Growth & expansion
Growth & expansion Established National Footprint on which to scale @ Federal accounts held $55M $27M sa on <$1M $134M $487M f $i9m | $19M “Deposits hes bythe Company's hancialnsituton custome $13M 2015 ——» YS: ——— 2022 41 STATES a“ 60 ACCOUNTS 1040 : 18B Si5aMy) Perosits me ~$13M_ on Deposit: ~$220
Slide 12: Competitive Advantages
Competitive Advantages Consistent performance: in 9th year of successfully providing access to financial services consistently to the industry Cannabis expertise: 55 years combined management industry experience Brand recognition: established, reliable, well-performing brand Proprietary, scalable fi
Slide 13: Growth Strategy
Growth Strategy Organic Increases in existing CRB wh revenue and expanded use of ‘fol. fee-based services Bulk acquisition of client relationships fe through M&A and from Fis ax : wanting to exit their service \ offering in this industry New commercial lending opportunity ail Providing access to cap
Slide 14: Q1 2022 vs. Q1 2023 Growth
Q1 2022 vs. Q1 2023 Growth + 75% + 33% Monthly oo | Monthly Avg. apooer eee Avg. oor" Deposits Accounts ia ($M) Q1 2022 Q1 2023 Q1 2022 Q1 2023 + 49% + 57% Monthly Avg. ee Monthly Avg. ee Deposit Fee Bor Balances = -- ($000s) ($M) "] Q1 2022 Q1 2023 Q1 2022 Q1 2023 13
Slide 15: Commercial lending opportunity
Commercial lending opportunity Uniquely positioned to capture significant market share with industry-leading lending rates Loan source Customer acquisition Typical 2-3 yr rate Underwriting risk / security RRENT LENDING ENVIRONMENT Raises equity / high yield debt to deploy loans Origination team requ
Slide 16: Officers
Officers SUNDIE SEEFRIED Chief Executive Officer ~ One of the The CEO Publication’s top 20 dynamic U.S. CEOs of 2020 . * Author of Navigating Safe Harbor: Cannabis Banking in a Time of Uncertainty + Former 20 year CEO of PCCU and subsidiary, Safe Harbor Services JIM DENNEDY Chief Financial * Former
Slide 17: Directors
Directors RICHARD CARLETON CEO, Canadian Securities Exchange JENNIFER MEYERS CFO, Partner Colorado Credit Union JONATHAN SUMMERS Chairman, Billion Pairs Genetic Corp. and EXMceuticals JOHN DARWIN Co-CEO, Luminous Capital USA, Inc. FRED NEIHAUS Managing Partner, Interactive Global Solutions KARL RACI
Slide 18: Thank You
THANK YOU April 2023 Investor Presentation NASDAQ:SHFS,
Slide 19: April 2023
April 2023 Investor Presentation | NASDAQ:SHFS
Slide 20: Capitalization Overview
Capita ization Overview Sep 29, 2022: Northern} NASDAQ:SHFS $16 Lights Acquisition (SPAC), closed H Capitalization $14 acquisition of Safe H Harbor Financial, which | Share Structure (millions) changed its name to SHF } \ $12 Holdings and began i ‘Common Shares Outstanding’ a st0 trading on the Nasd