Powerfleet, Inc. · NASDAQ:AIOT

Powerfleet — Investor Day (November 2023)

95 slides from Powerfleet's investor day presentation, Nov 16, 2023

  1. Slide 1: Investor Day

    Investor Day November 16th 2023

  2. Slide 2: Cautionary Note Regarding Forward-Looking Statements

    Cautionary Note Regarding Forward-Looking Statements Cautionary Note Regarding Forward-Looking Statements This presentation contains forward-looking statements within the meaning of federal securities laws. The actual results of Powerfleet, Inc. (“Powerfleet” or “PWFL”), MiX Telematics Limited (“MiX

  3. Slide 3: Agenda

    Opening Remarks Market View Agenda Corporate Video Innovation & Products Powerfleet Vision and Strategy Customers & Markets Business Metrics & Value Creation Year One & Key Takeaways Better Together Combination Q&A Integration & EBITDA Expansion

  4. Slide 4: Powerfleet Vision & Strategy

    Powerfleet Vision & Strategy Steve Towe, Chief Executive Officer

  5. Slide 5: Our Combined Business

    Our Combined Business WHO WE ARE HOW WE DO IT WHY WE DO IT Leading AIoT SaaS provider of mission- Our unique device-agnostic platform, To seize the opportunity to consolidate critical solutions delivering advanced Unity, ingests data from disparate our market by providing what customers data insight

  6. Slide 6: We are People Powered AIoT

    We are People Powered AIoT Helping our customers save lives, time, and money People Platform Partnership At Powerfleet, we are all Powerfleet Unity, our fleet Powerfleet is your reliable, about people. Partnering intelligence platform, unites strategic partner with you on with us means working peopl

  7. Slide 7: Two-Year Reflection

    Two-Year Reflection Scale Technology • Opportunity to secure a place at the very top table in the industry • Unity AI and data platform strategy validated by customer and • Significant amount of cost transformation industry analysts • Transitioned from hardware company to SaaS • Pivotal to MiX's dec

  8. Slide 8: Future Outlook

    Future Outlook Scale Financial Realizing Technology Performance Shareholder Value • Accelerate our data • Underpin a double digit growth • Business combination highway capabilities, amplifying the strategy with MiX provides size and scale to Unity ecosystem • Realize readily available attract broade

  9. Slide 9: Acceleration of Data Monetization Through Data-Driven Innovative SaaS Platform, Unity

    Acceleration of Data Monetization Through Data-Driven Innovative SaaS Platform, Unity 1 Device-Agnostic Data Ingestion 2 Data Transformation 3 Business Insights Data-Powered Applications Powerfleet Devices & Sensors Advanced Fuel Visibility and Refining Management Resource management Regulatory Mana

  10. Slide 10: Unified Operations & Services

    Unified Operations & Services Unity platform integration with outside data sources optimize mobile assets, individuals operating the assets, and business processes 10

  11. Slide 11: Business Metrics & Value Creation

    Business Metrics & Value Creation David Wilson, Chief Finance Officer

  12. Slide 12: Public SaaS Company Revenue Multiples Based on Rule of 40

    Public SaaS Company Revenue Multiples Based on Rule of 40 At ~1x Revenue PWFL/MIXT Trades at a Massive Discount to Rule of 40 Peers Source: S&P Capital IQ

  13. Slide 13: Rule of 40: Multiple Vectors for Revenue Growth

    Rule of 40: Multiple Vectors for Revenue Growth Unity is an Multi-Pronged Engine for Best- in-Class Net $ Strategy for Retention +20% Growth Revenue Multi- Device- Agnostic: Drives Synergies Pronged Volume In-Warehouse & Unity Strategy for Value for MIXT Geographical +20% New & Expanded Added Module

  14. Slide 14: Rule of 40: Major Levers for EBITDA Expansion

    Rule of 40: Major Levers for EBITDA Expansion Cost +$25M Realized Within our Efficiencies Identified within 2-years Direct Control Gross Differentiated Pure SaaS: Pathway Margin Solutions Outsized Growth to +70% Operating ERP Net $ Retention = Pathway to +30% Leverage Efficiencies Efficient GTM EBIT

  15. Slide 15: Meeting and Beating Rule of 40 by 2025

    Meeting and Beating Rule of 40 by 2025 Overriding priority in the short-term ($ in millions) Projections (CY) is the rapid expansion of EBTIDA 2023 2024 2025 Long-Term • Predictable line of sight and Targets readily accessible Revenue ~$285 ~$300 ~$340 % YoY Growth >5% >10% >20% Subdued revenue grow

  16. Slide 16: 2025 Value Potential Based on Rule of 40 Performance

    2025 Value Potential Based on Rule of 40 Performance Success in executing operating plan Rule of 40 Peers Trade creates major 5-9X Revenue equity valuation upside versus current trading levels

  17. Slide 17: Better Together Combination

    Better Together Combination Steve Towe, Chief Executive Officer, Powerfleet Stefan Joselowitz, Chief Executive Officer, MiX Telematics

  18. Slide 18: Why We Are Better Together

    1 Elevates strategic position as a market leader and creates a scaled, global company of choice in the telematics space Combination creates the acquisition platform positioned for further 2 Why We Are industry consolidation Better Together 3 Combined subscriber base of ~1.7M creates immediate scale

  19. Slide 19: Better Together Portfolio Creates Differentiated Go-to-Market Strategy and Global Customer Reach

    Better Together Portfolio Creates Differentiated Go-to-Market Strategy and Global Customer Reach Complementary Strengths… …Deliver Enhanced Solutions Product Leader Transformative Scale Comprehensive product suite for all The combined scale enhances the mobile operations central and regional organiz

  20. Slide 20: Integration & EBITDA Expansion

    Integration & EBITDA Expansion Melissa Ingram, Chief Corporate Development Officer

  21. Slide 21: EBITDA Expansion Strategy

    EBITDA Expansion Strategy • Value creation has been at the forefront of our minds as we planned this combination • We see significant opportunity to create shareholder value through EBITDA expansion in the range of $25-30m • Highly actionable plan that we are confident will deliver within 24 months

  22. Slide 22: A Powerful Combination: EBITDA Expansion Opportunity

    A Powerful Combination: EBITDA Expansion Opportunity Portfolio and Experience Duplicative Costs Ways of Working Economies of Scale Evolution • Streamline and optimize • Common set of scalable platforms • Leverage collective scale and • Rationalize our combined duplicative public company costs across

  23. Slide 23: Duplicative Costs

    1 Duplicative Costs • Streamline and optimize duplicative public company costs • Combine costs of market presence including brand, events, tradeshows, subscriptions and comms • Execute efficiencies in organizational design through centralized operations with local execution Opportunity potential: $8

  24. Slide 24: Ways of Working

    2 Ways of Working • Common set of scalable platforms across all geographies, including common ERP • Consistent ways of working – center operations in affordable geographies at scale • Consolidate sub-scale businesses in the regions where we both operate • Rationalize our facilities footprint Opportu

  25. Slide 25: Economies of Scale

    3 Economies of Scale • Leverage collective scale and purchasing power with fewer, more strategic partners • Deliver adaptable global capacity • Drive Services Gross Margin improvement through consolidated vendor spend Opportunity potential: $4-5M 6-12 months 25

  26. Slide 26: Portfolio and Experience Evolution

    4 Portfolio and Experience Evolution • Rationalize our combined hardware portfolio to core skews • Retire outdated and legacy platforms with tighter product lifecycle management • Differentiate through exceptional customer experience by establishing a cost-efficient SaaS-centric model, where automat

  27. Slide 27: Foundation for Integration Success

    Foundation for Integration Success Shared Vision Proven Model & Team Embracing Complexity Decisive Action Progress Tracking Value creation has been at Repeating and building on Complexity is an “Best of the best, forget the Transparent progress the forefront of our minds as successful models to driv

  28. Slide 28: Market View

    Market View Andrea Hayton, Chief Marketing Officer

  29. Slide 29: Significant under-penetrated global market opportunity

    236 million $100 billion commercial vehicles connected vehicle TAM Significant under-penetrated global market opportunity Soaring Global companies AIoT becoming governmental redefining their a leading mandates for brands by their driver for digital green practices safety culture transformation and E

  30. Slide 30: Our Strategy Will Propel Us to Premier Industry Position

    Our Strategy Will Propel Us to Premier Industry Position Shared Winning DNA • Greater AI automation & integrated capabilities than any other platforms • Ultimate modularity & scalability encapsulated in a unique ecosystem • Elite performance AI-led insights that generate proven customer outcomes • M

  31. Slide 31: The Key to Unlock Value Creation

    The Key to Unlock Value Creation The market has been waiting for a customer-centric Artificial Intelligence of Things (AIoT) superpower to unite disparate data and devices into transformative information that generates real customer outcomes Unified AIoT SaaS IoT SaaS Ecosystem Telematics SaaS Marke

  32. Slide 32: Unified Solutions Leading to New Growth Opportunities

    Unified Solutions Leading to New Growth Opportunities Jonathan Bates, Chief Product Officer

  33. Slide 33: Comprehensive Suite of Leading AIoT Solutions

    Comprehensive Suite of Leading AIoT Solutions Powerfleet provides differentiated solutions offering underpinned by Unity SaaS Software Platform Core In-Warehouse Logistics Connected Verticals Vehicles Market Sustainability Safety Insurance Compliance Drivers Material Handling Vehicle Compliance and

  34. Slide 34: Cross-Sell Opportunities

    Cross-Sell Opportunities Unity into MiX Customer Base 1M+ SUBSCRIBERS $$$ AI Video into Powerfleet Customer Base ARPU 700K+ SUBSCRIBERS & EBITDA Expansion EV Solutions into MiX Customer Base EV VEHICLES Real-Time Logistics Solutions into Powerfleet Customer Base $$$ RISK & COMPLIANCE NEW In-Warehous

  35. Slide 35: Combination Will Enable Our AIoT Solutions to Create Increased Value for Customers

    Combination Will Enable Our AIoT Solutions to Create Increased Value for Customers and New Revenue Streams Augmented SaaS New Value for New Revenue Solutions Combination Combined Base Streams 60% Safety 83% Decrease High risk behaviours Comprehensive & movements Mission-Critical 32% Decrease Fatigue

  36. Slide 36: Unity: The Heartbeat of Our AIoT Strategy

    Unity The Heartbeat of Our AIoT Strategy Jim Zeitunian, Chief Technology Officer

  37. Slide 37: Data-Driven Innovative Software Platform, Unity

    Data-Driven Innovative Software Platform, Unity 1 Device-Agnostic Data Ingestion 2 Data Transformation 3 Business Insights Data-Powered Applications Powerfleet & MiX Devices & Sensors Advanced Fuel Visibility and Refining Management Resource management Regulatory Management Maintenance & Performance

  38. Slide 38: Device-Agnostic Data Ingestion

    Device-Agnostic Data Ingestion Powerfleet & MiX Devices & Sensors 3rd Party Devices & Sensors Vehicle & Infrastructure OEMs • Seamless integration into the Unity • Over 130 manufacturers • Class 1 – 8 OEM integration platform • Over 550 IoT & telematics devices • Event based infrastructure at scale

  39. Slide 39: Integration Data Sources

    Integration Data Sources External Data Sets Metadata Collection • Traffic congestion Traffic & Maps • Speed limits • Terrain/Elevation features • Current conditions Weather • Forecast • Historic patterns Unity • Macro economic conditions Economic • Historic patterns • Time serries economics • Fleet

  40. Slide 40: Data-Driven Innovative Software Platform, Unity

    Data-Driven Innovative Software Platform, Unity 1 Device-Agnostic Data Ingestion 2 Data Transformation 3 Business Insights Data-Powered Applications Powerfleet & MiX Devices & Sensors Advanced Fuel Visibility and Refining Management Resource management Regulatory Management Maintenance & Performance

  41. Slide 41: AI-Led Data Harmonization & Transformation

    AI-Led Data Harmonization & Transformation Open-source tools and frameworks accelerate speed to market: • OpenAI, Rasa, TensorFlow, PyTorch, Prophet, Garch, XGBoost, GPT-4, etc. Data Science Computer Vision Machine Learning Generative AI • Data acquisition at scale • Driver recognition • Univariate

  42. Slide 42: Computer Vision

    Computer Vision The use of real time object recognition The use of real time facial (pedestrians), analysis of collision and recognition of authorized personnel Pedestrian Proximity preventative actions Detection, Personnel Use cases: Use Cases: • Incident prevention within • Unauthorized access to

  43. Slide 43: Machine Learning

    Machine Learning Pedestrian activity in Melbourne before and during Covid Univariate & Multivariate Forecasting The use of historic data to predict future results Use cases include: • Energy consumption/costs • Maintenance, inventory • Incidents resulting in injury or damage to goods or equipment •

  44. Slide 44: Data-Driven Innovative Software Platform, Unity

    Data-Driven Innovative Software Platform, Unity 1 Device-Agnostic Data Ingestion 2 Data Transformation 3 Business Insights Data-Powered Applications Powerfleet & MiX Devices & Sensors Advanced Fuel Visibility and Refining Management Resource management Regulatory Management Maintenance & Performance

  45. Slide 45: Data-Powered Applications

    POWER@FLEET” Tt WX, vaeuanes Data-Powered Applications

  46. Slide 46: Data Processing

    Data-Powered Enterprise SaaS Applications Data Processing Proprietary & Confidential

  47. Slide 47: Safety

    POWER@FLEET” Tt WX, vaeuanes Safety b FY g Noe ww’

  48. Slide 48: Drivers for In-Warehouse & Over the Road Safety

    Drivers for In-Warehouse & Over the Road Safety In-Warehouse Over the Road Safety compliance Coaching initiatives Minimize unsafe Driver visibility Incident Risk and Compliance enforce best practices provide insights and environment track driver behavior, Management ensure the right drivers (licensi

  49. Slide 49: Pedestrian Proximity Detection

    Pedestrian Proximity Detection Artificial Intelligence empowering safety and efficiency Capabilities • Pedestrians don't need to wear tags or special apparel • Automatic slowdown • Travel direction controlled to eliminate false alarms Benefits Learning Remote neural Reduced risk capture & network fo

  50. Slide 50: Sustainability

    POWER@FLEET” Tt WX, vaeuanes Sustainability OG f 4 yj Son ow

  51. Slide 51: Trusted Data Source for ESG Reporting

    Trusted Data Source for ESG Reporting Driving value by insights to multi-source IoT sensor and API data Automatic or bulk update ESG-mandated data .csv or API corporates Data Ingestion Security & Analytics: Powerfleet Company Financed facilities emissions & harmonisation Regulatory layer Calculate/R

  52. Slide 52: Powerfleet Electrification Planning

    Powerfleet Electrification Planning Key Features Model Total Cost of Ownership Recommendations A full cost of ownership calculation See which electric buses may be a to understand the financial good fit for your fleet based on the implications of transitioning to “true” EV battery range and analysis

  53. Slide 53: Intuitive Interface

    Intuitive Interface Easily electrify your fleet through our calculation interface to visualise your electrification simulation! Mercedes-Benz Citaro Mercedes-Benz eCitaro

  54. Slide 54: Cost Driven Decisions

    Cost Driven Decisions Digital Optimization to Lower Costs, Make Informed Decisions Utilization Vehicle Driver Carbon Offers a holistic view of Efficiency Efficiency Emissions your fleet’s utilization, Measures advertised efficiency Identifies fuel and energy Improve ESG reporting by showing EV vs IC

  55. Slide 55: Unified Operations

    POWER@FLEET” Tt WX, vaeuanes Unified Operations

  56. Slide 56: Unified Business Operations

    Unified Business Operations • Comprehensive ability to improve performance of the asset, the individual in charge of the asset, and the business process • Integration with other operating systems improves the performance of the end-to-end process • Creating stickiness for Powerfleet to be at the hea

  57. Slide 57: Vast Integration Ecosystem

    Vast Integration Ecosystem • Extensive 3rd party integrations • API based integration framework • OEM integrations cloud to cloud • DaaS – Data, insights and analytics extracts and feeds • Augmentation of existing ERP systems

  58. Slide 58: Customers and Markets

    Customers and Markets Catherine Lewis, Chief Customer Officer

  59. Slide 59: Customer experience

    Customer experience Unity + CX = Strategic Differentiators Differentiated experience Dedicated function Customer lifecycle management Customer success Leverage technology CUSTOMER ACQUISITION | CUSTOMER RETENTION | ARPU UPLIFT | NET REVENUE RETENTION

  60. Slide 60: Our Global Powerhouse With Over 7,500 Enterprise Customers

    Our Global Powerhouse With Over 7,500 Enterprise Customers

  61. Slide 61: Maximizing Global Accounts

    Maximizing Global Accounts Charles Tasker, Chief Revenue Officer

  62. Slide 62: Proven Global Account Strategy

    Proven Global Account Strategy Proven Growth Stories Iberdrola Won due to our intercontinental reach, adding 6.3k subs in 2 years Unique Global Reach Growth Strategy 6 Continents Linde 120+ Countries Land Subs base grew by 93% in 3 years, Local, Regional, across 20 Countries Global Partner of Choice

  63. Slide 63: To capitalize on this Global Opportunity we will

    To capitalize on this Global Opportunity we will Meet the need for a single Deploy our proven methodology accountable vendor to the Powerfleet multi-region, multi-national customers by contracting directly and taking responsibility to manage our partners Cross-Sell, up-Sell Leverage our transformati

  64. Slide 64: Israel Go-to-Market

    Israel Go-to-Market Ilan Goldstein, Chief Executive Officer, Pointer Israel

  65. Slide 65: Pointer's Strengths & Why We're Successful in Israel

    Pointer’s Strengths & Why We’re Successful in Israel Reliable company with Good Talented and great reputation and personal relationships committed team excellent service 1:1,000 Technological Market-oriented employee to customer leadership strategy ratio Innovation is in the Strong engineering | Cus

  66. Slide 66: Pointer's Growth Strategy

    Pointer’s Growth Strategy Pointer specializes in developing advanced solutions in several key areas, including: 1. Automotive industry 2. Insurance companies 3. IoT solutions • Tracking & protecting • Regulation SVR • Logistics centers • Stolen vehicle recovery (SVR) • PAUD • Cooling supply chain tr

  67. Slide 67: Pointer's Customers and Target Market

    Pointer’s Customers and Target Market Pointer Israel provides its solutions for various customers & markets, including: All Insurance Companies All Car Importers Leasing & Car Rental Electric Vehicles Public Transport Regulation GPS+RF Grow To 40% MS Companies Monitoring Vehicle A Leading Diagnostic

  68. Slide 68: Use Case: Egged Public Transport Electric vehicles (EV)

    Use Case: Egged Public Transport Electric vehicles (EV) Expanding and leading in the electric buses (EV) arena. Insight into diagnostics activity can be achieved all through one telematics unit, Pointer “Cello-CAN”. We were selected after a year-long POC. • Monitoring 80 parameters • Allows to imple

  69. Slide 69: Use Case: MDA Ambulances Smart CPR

    Use Case: MDA Ambulances Smart CPR Pointer with MDA has placed over 1,500 defibrillators countrywide. Together, we safe lives using smart CPR safes. • Pointer’s monitoring unit enables receiving location and transmits data directly to MDA’s call center • In case of emergency, the call center represe

  70. Slide 70: Use Case: Israel Police Fleet Management

    Use Case: Israel Police Fleet Management Development of a custom-built solution for the special needs of the police for efficient management of their 10,000 vehicle and motorcycle fleet. • Fleet management services • Driver management • Authorized personnel list • Reporting personal trips in special

  71. Slide 71: Use Case: S.L.A. Refrigerated Supply Chain

    Use Case: S.L.A. Refrigerated Supply Chain S.L.A. is the logistics company of the "Teva" pharmaceutical company, a leading company in providing logistical solutions in the field of health in Israel. The company encountered challenges in the storage of mRNA vaccines, which require a temperature of -8

  72. Slide 72: Africa Go-to-Market

    Africa Go-to-Market Gert Pretorius, EVP of Africa

  73. Slide 73: Africa

    Africa Target Market Go-to-Market Solutions Growth Strategy Key Customers Why We're Successful Pervasive market End-to-end solutions Value driven, fit-for- Preferred supplier to Passionate delivery coverage with that can purpose solutions largest retailers, of customer-centric addressable new levera

  74. Slide 74: Emerging Markets Go-to-Market

    Emerging Markets Go-to-Market Charles Tasker, Chief Revenue Officer

  75. Slide 75: LATAM, Brazil, Australia & Middle East Combined

    LATAM, Brazil, Australia & Emerging Markets Middle East Combined Growth Play in 2024 Strength Today ~$50M Revenue New business & New business & New business & ARPU expansion – ARPU expansion - ARPU expansion - AI >185K 40 Unity In-Warehouse Video Subscriber Channel Base Partners 150+ >2,000 Staff Cu

  76. Slide 76: Europe Go-to-Market

    Europe Go-to-Market Charles Tasker, Chief Revenue Officer

  77. Slide 77: Rich Market Opportunity in Europe

    Revenue Growth Driver Rich Market Opportunity in Europe for 2024 Already well-established strength in 3 key verticals, now 3 more markets are unlocked through our combination Leverage existing deep domain and market Well-established in Well-established in knowledge to grow by: Energy Sector Passenge

  78. Slide 78: Mexico Go-to-Market

    Mexico Go-to-Market Eduardo Chavez, General Manager, Mexico

  79. Slide 79: Our Success in Mexico

    Our Success in Mexico Subscriber CAGR Revenue CAGR Revenue x 18.3% 18.6% Segment Industrial 1% Last Mile 23% Logistics 38% Vehicles 38% >70K 21% 14 USD 80% Consultancy Subscriber Base Growth YoY Service Revenue Average ARPU... growing Revenue from Key Accounts Mindset

  80. Slide 80: Well positioned across all our segments to win

    Well positioned across all our segments to win Logistics Last Mile Distribution Vehicles In-Warehouse • >17k Subscribers • >13k Subscribers • >41k Subscribers • 1% of total Mexico Business • 38% of total Mexico Business • 23% of total Mexico Business • 38% of total Mexico Business • Exponential Reve

  81. Slide 81: The Heartbeat of Our Customer's Assets, People, and Business Operation

    The Heartbeat of Our Customer’s Assets, Largest Coca-Cola bottler In Mexico People, and Business Operation 1 Device-Agnostic Data Ingestion 2 Data Transformation 3 Business Insights Data-Powered Applications Powerfleet & MiX Devices & Sensors Advanced Fuel Visibility and Refining Management Resource

  82. Slide 82: Cross-Sell for Accelerated Growth

    Cross-Sell for Accelerated Strengthen our footprint in Over the Road Segment Growth • Technological solution leadership Scaling In-Warehouse Portfolio in Mexico • BI & Integrations as enabler • Prevention and efficiencies • Large target market (almost 20% of Mexico GDP) • Key partnerships to strengt

  83. Slide 83: North America Go-to-Market

    North America Go-to-Market Josh Betz, General Manager, North America

  84. Slide 84: North America Growth

    North America Growth US FY20 – FY23 Subscribers 400,000 350,000 30% growth 300,000 in subscribers from 2020 - 2023 250,000 200,000 In-Warehouse subscriber growth 57% 150,000 100,000 Over the Road 50,000 subscriber growth 28% - 2020 2021 2022 YTD 2023 2023 Proj 2024 Proj 2025 Proj $188m TCV qualified

  85. Slide 85: Market Drivers Safety & Sustainability

    Market Drivers Safety & Sustainability In-Warehouse & Over the Road Safety Sustainability OSHA launches National California mandate all new vehicles sold to be electric Emphasis Program on US Dot Launches National or plug-in electric hybrids by 2035 Roadway Safety Strategy warehouse safety Biden-Har

  86. Slide 86: Why We Win

    Why We Win Enterprise SaaS One Stop Shop Device-Agnostic DNA Across all Mobile Unity Platform Asset Types Highly skilled, consultative Providing mission-critical Ingesting data from multiple sales team with deep solutions from warehouse to data sources, harmonizing enterprise SaaS experience trailer

  87. Slide 87: The Heartbeat of Our Customer's Assets, People, and Business Operation

    The Heartbeat of Our Customer’s Assets, Diversified group with Transportation/logistics services People, and Business Operation and truck dealerships 1 Device-Agnostic Data Ingestion 2 Data Transformation 3 Business Insights Powerfleet Vehicle Gateway Data-Powered Applications Powerfleet & MiX Devic

  88. Slide 88: The Heartbeat of Our Customer's Assets, People, and Business Operation

    The Heartbeat of Our Customer’s Assets, Intermodal transportation People, and Business Operation and logistics provider 1 Device-Agnostic Data Ingestion 2 Data Transformation 3 Business Insights Powerfleet Logistics Gateway Data-Powered Applications Powerfleet & MiX Devices & Sensors Advanced Fuel V

  89. Slide 89: Diverse Customer Base to Increase Wallet Share

    CPG/Food & Distribution Transportation Retail Beverage Diverse Customer Base to Increase Wallet Share Rental Automotive Government Construction Car/Leasing

  90. Slide 90: Broad Cross-Sell Opportunity

    Broad Cross-Sell Opportunity Initiative Description Focus areas • Over the road vehicles Vehicle / Logistics to In-warehouse dealers with heavy (Unity over the road solutions) In-warehouse Dealers equipment and / or private fleets • Construction equipment (asset tracking, maintenance, theft recovery

  91. Slide 91: In-Warehouse Whitespace Extensive Up-sell and Cross-sell Opportunity

    In-Warehouse Whitespace Extensive Up-sell and Cross-sell Opportunity Company Total Vehicles Total Trucks Total Tractors Total Trailers Total Assets E-commerce Retailer 13,768 12,373 1,395 37,390 64,926 Food & Beverage Company 9,400 3,900 5,500 8,000 26,800 Energy Company 8,470 2,793 5,677 11,136 28,

  92. Slide 92: New Logos

    Momentum Across Core Areas and Against Key Competition In-Warehouse Safety & Unity Data Integration Over the Road Compliance • Dominating in safety market • Traction within customer base as well as new • Strong and established logistics customer base logos with a differentiated solution • Direct and

  93. Slide 93: Year One & Key Takeaways

    Year One & Key Takeaways Steve Towe, Chief Executive Officer, Powerfleet Stefan Joselowitz, Chief Executive Officer, MiX Telematics

  94. Slide 94: Year One & Key Takeaways

    Working towards Rule of 40 performance Low-risk investment opportunity with high upside potential Year One & Unity is a game-changer in the Key Takeaways market Ability to go and consolidate the industry even more One combined top talent team working together

  95. Slide 95: Question & Answer

    POWER@FLEET” Tt WX, vaeuanes Question & Answer

Powerfleet — Investor Day (November 2023) on 6ix