Suncar Technology Group Inc. · NASDAQ:SDA
Suncar Technology — Investor Presentation (May 2026)
37 slides from Suncar Technology's investor presentation, May 2026
Slide 1: Investor Presentation
Leading Technology Platform For B2B Auto eInsurance & Services Investor Presentation May 2026 1
Slide 2: Cautionary Statement Concerning Forward Looking Statements
Cautionary Statement Concerning Forward Looking Statements This investor presentation may contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. All statements other than stat
Slide 3: SunCar Investment Highlights
SunCar Investment Highlights SunCar is an AI-powered cloud platform providing integrated B2B auto insurance and auto services in China. In 2025, SunCar enabled Scale the sale of approximately 8 million insurance contracts and 23 million auto services transactions on its platform. Significant investm
Slide 4: Company Profile
Company Profile 4
Slide 5: SunCar Overview
SunCar Overview Sustained Growth Driven by a Unique Technology Platform Company Highlights Key Financial Metrics(1) SunCar’s Path to Profitability – 2025 Quarterly Net Income (Loss) ($M) $2.0 Q4 2025, $1.7 Q3 2025, $1.4 • Profitable: Net Income of $1.4M in Q3 and $1.7m in Q4 2025 $1.0 show the Compa
Slide 6: SunCar at a Glance
SunCar at a Glance Established Partnerships and Strong Growth Driven by Leading Technology 1,520 $489M ~8M ~23M Transactions Completed on Enterprise Clients & Partners in China Total LTM Revenue Auto eInsurance Transactions Highly-integrated Auto Services with Marquee Customer Base Completed(1) Plat
Slide 7: SunCar Solves Key Challenges in China's Auto Sector
SunCar Solves Key Challenges in China’s Auto Sector China’s Auto Insurance and Services Sectors are Rapidly Digitalizing Auto Market Trends Auto eInsurance Sector Auto Service Sector • The auto service market in China is estimated to The Number of Registered Cars in China(1) has Grown… • Overall $13
Slide 8: China's EV Market Boom Driving SunCar Growth
China’s EV Market Boom Driving SunCar Growth SunCar is Uniquely Positioned to Benefit from China’s EV Market Leadership China’s EV Market Highlights Autonomous Driving Technologies in New Passenger Vehicles Sold in China 80% Forecast 72% • SunCar’s partnerships with 20 EV companies are unique assets
Slide 9: Artificial Intelligence for Automotive Services
Artificial Intelligence for Automotive Services SunCar's AI Capabilities and ByteDance Integration Create a Compelling Solution for Partners SunCar’s AI Capabilities(1) SunCar’s Data and Tech Assets Lead the Market Intelligent Dispatch System Data Accumulation and Processing Optimizes vehicle dispat
Slide 10: Innovating the Use of AI to Integrate Auto Insurance and Services
Innovating the Use of AI to Integrate Auto Insurance and Services SunCar’s AI Cloud is Leveraging AI to Create an Intelligent and Integrated Mobility Solution 10
Slide 11: Leading AI Applications in Transportation
10 Leading AI Applications in Transportation SunCar’s Platform is Integrating ByteDance AI Capabilities and Rolling Out AI-Powered Mobility Solutions Flight Delay Predictions Predictive Maintenance Traffic Management Customer Service Chatbots Real Time Vehicle Tracking Autonomous Vehicles Inventory
Slide 12: Unique Value Proposition for Enterprise Customers & Partners
Unique Value Proposition for Enterprise Customers & Partners SunCar’s Technology & Data Integrations Create Significant Barriers to Entry SunCar Tech Platform Marquee Enterprise Customers & Partners SunCar’s Value Proposition Auto Manufacturers Incremental revenue by bundling insurance with car sale
Slide 13: Experienced and Innovative Management Team
Experienced and Innovative Management Team Ms. Saiye Gu Mr. Zhunfu Lei Co-Founder, COO Co-Founder, CTO Mr. Zaichang Ye Co-Founder, Chairman & CEO • 24 years of Management & Entrepreneurship experience • 16 years of Auto Service experience Mr. Bohong Du Mr. Breaux Walker • Serial entrepreneur with mu
Slide 14: Auto Insurance and Services Markets in China
Auto Insurance and Services Markets in China 14
Slide 15: China is the Largest and Most Innovative Car Market
China is the Largest and Most Innovative Car Market Registered Cars by Country (2025) Estimated New Cars Sold in 2024 EU(1): 34M 282M Cars 16M 11M US(1): 298M China(2): Cars 366M (1) (1) (2) Cars US EU China In 2025, EV sales in China grew 28% China has the Largest and most Innovative Auto Market in
Slide 16: China's Auto Insurance Industry
China’s Auto Insurance Industry Projected Growth in China’s Auto Insurance Industry ($B)(1) SunCar’s Market Penetration $166 $158 $121B Total Market ~$130B (1) $149 $141 $134 Total Auto Insurance GMV Based on a $3B total GMV, SunCar has an implied market share of ~2%, (2) presenting significant pote
Slide 17: SunCar Auto eInsurance – Serviceable Market
SunCar Auto eInsurance – Serviceable Market Market Share by Insurance Company(1) Extensive Cooperation with the Largest Insurance Companies Others 9% PICC Companies 4-10 32% 21% Pacific Insurance PingAn 13% 25% 64,000+ Sales Partners & 20 Manufacturers Network of partners selling eInsurance through
Slide 18: AI-Powered Auto Insurance
AI-Powered Auto Insurance 18
Slide 19: Maturing EV Partnerships Accelerating Revenue Growth
Maturing EV Partnerships Accelerating Revenue Growth Deepening EV Partnerships with Innovative AI Features Driving GMV and Services Expansion Commentary Investment in the Anji AI Technology Development Center Driving Strong Premium Sales for EV Partners • SunCar’s revenue split with EV partners on p
Slide 20: Customer Case Studies
Customer Case Studies EV OEM Sales Partners Overview EV Company 1 EV Company 2 • Generate incremental revenue through sale of insurance Sales Partner during new car purchase Top 3 Global EV OEM(1) Top 5 Chinese EV OEM(1) Description • Increased owner connectivity improves post-sales experience • Add
Slide 21: Customized Auto Insurance Made Easy
Customized Auto Insurance Made Easy ByteDance’s (TikTok Parent) Algorithm Delivers Highly Personalized Policy Recommendations Step 1: Complete Information Step 2: Review Plan Step 3: Confirm Policy Step 4: Receive Approval Complete Information Plan Details Insurance Confirmation Vehicle Information
Slide 22: Leading AI-Powered Auto Insurance Platform
Leading AI-Powered Auto Insurance Platform Online Auto eInsurance Platform Auto eInsurance-related Revenue ($M) $267 $216 $149 $83 $213 $171 $118 Online Quotation No Underwriting Direct Connection to $68 $31 $45 $54 and CRM System Risk or Loss Exposure Insurance Database $15 2022 2023 2024 2025 Tech
Slide 23: Digital Auto Services
Digital Auto Services 23
Slide 24: Marquee Customers with Land and Expand Opportunities
Marquee Customers with Land and Expand Opportunities • SunCar is Winning Corporate-level Contracts at Large Banks such as AgBank due to the Unique Scope of its Auto Services Network • Expansion and Exclusivity Trends in Existing Customers such as PingAn, ANT, China ZheShang Bank, and Shanghai Rural
Slide 25: Momentum and Market Share Expansion in Auto Service
Momentum and Market Share Expansion in Auto Service Unique Scope and Scale of SunCar’s Auto Services Creating Strong Synergies with Insurance Business Full-Service Coverage Key Financial Metrics Auto Service Business Revenue ($M)(1) Select Maintenance Services Transportation Services $226 $223 (2) C
Slide 26: Auto Service Go-to-Market Strategy
Auto Service Go-to-Market Strategy Auto Manufacturers Auto Service Loyalty Solution Powered by Pay & Schedule Banks Enterprise Customer Mobile App Access to 48,000+ vendors nationwide Insurance Seamless payment Companies No payment by customer Enterprise Customer Website Other 1-5 year contr
Slide 27: SunCar Auto Service Platform – Business Model
SunCar Auto Service Platform – Business Model $ (Revenue) $ (COGS) 1,480+ Enterprise Connecting to Over 48,000 Clients Suppliers and Car Service Vendors SunCar Auto Service Platform Vendor 1 Bank APP 1 2 3 4 QR based POWERED payment BY SUNCAR OPTIONS SEARCH SELECT SCHEDULE (cashless or Bank CAR WASH
Slide 28: Financial Summary
Financial Summary 28
Slide 29: SunCar's Commitment to Profitability
SunCar’s Commitment to Profitability Achieved Net Income Second Half of 2025 Net Income by Quarter($M) • SunCar’s net income grew from $1.4 million in Q3 2025 to $1.7 million in Q4 $2.0 Q4 2025, $1.7 2025 Q3 2025, $1.4 $1.0 • Strengthened partnerships with 20 EV customers are generating a greater pe
Slide 30: Revenue Summary
Revenue Summary SunCar Technology Group Inc. Revenue Growth ($M) 2025 Revenue Breakdown $489 $442 $364 $223 $226 $282 Auto Service $215 Auto eInsurance Service Technology Services $199 $213 $171 $118 $68 $31 $45 $54 $15 2022 2023 2024 2025 • Revenue growth fueled by the eInsurance segment and furthe
Slide 31: Operating Expenses, Net Income, & Adjusted EBITDA
Operating Expenses, Net Income, & Adjusted EBITDA SunCar Technology Group Inc. Operating Expenses Breakdown Adjusted EBITDA And Net Loss ($M) $9.8 $11.0 $1.6 4% 2% 4% Integrated Service Cost ($2) ($5.5) ($12) Promotional Service Cost ($18) Selling Expenses $485M 49% 40% General & Administrative Expe
Slide 32: Adjusted EBITDA Bridge
Adjusted EBITDA Bridge SunCar Technology Group Inc. - LTM Adjusted EBITDA Bridge as of December 31, 2025 ($M) $11.0 $1.0 $0.1 $2.7 $0.4 $4.2 ($0.2) ($0.9) $6.1 ($2.4) (+) Depreciation and (+) Investment Income (+) Other Non- (+) Share-based Adjusted EBITDA Net Loss Amortization (+) Financial (+) Cha
Slide 33: Strategic Roadmap
Strategic Roadmap SunCar Expects to be Well Positioned to Capitalize on an Expanding Market & Grow into a Leading B2B Vertical Technology Business SunCar Today SunCar’s Next Phase Profitable Full-Service Platform • Increasing cross-sell across Auto eInsurance and Services Connecting insurers, auto m
Slide 34: Appendix
Appendix 34
Slide 35: Historical Profit & Loss
Historical Profit & Loss SunCar Technology Group Inc. ($ in millions) FY2022A FY2023A FY2024A FY2025A Revenue Auto eInsurance $68 $118 $171 $212 Technology Services 15 31 45 54 Auto Service 199 215 227 223(1) Total Revenue $282 $364 $443 $489 Operating Costs and Expenses Integrated service cost ($16
Slide 36: Adjusted EBITDA Reconciliation
Adjusted EBITDA Reconciliation SunCar Technology Group Inc. ($ in millions) FY2022 FY2023 FY2024 FY2025 Net Loss ($11.9) ($17.6) ($64.5) ($2.4) (+) Depreciation and Amortization $5.1 $4.1 $4.5 $6.1 (+) Financial Expenses, Net $3.7 $4.4 $4.5 $4.2 (+) Investment Income ($0.4) ($0.5) ($0.8) ($0.2) (+)
Slide 37: Thank You
Thank You www.SunCartech.com 37
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