Rythm, Inc. · NASDAQ:RYM
Rythm — Agrify — Merger or Acquisition (October 2021)
8 slides from Rythm's merger presentation, Oct 5, 2021
Slide 1: Strategic Acquisition | October 2021
Slide 2: Forward-Looking Statements
Forward-Looking Statements Se acRIFY This presentavon contains forward-looking statements within the mearing of Section 27A ofthe Secures Act of 1983, as amended, or the Secures Ac, and Settion 21€ of the Secures Exchange Act of 1934 or the Exchange Ac. Al satements ater than statements of historica
Slide 3: Acquisition Targets At A Glance
Acquisition Targets At A Glance Sie aGRIFY PRECISION 4 @ Cascade EXTRACTION SOLUTIONS Selences $40M. 30. 1,000. $24B Expected Revenue in 2021 Large Multi-State Customers and Successful Expected Value of Global with Positive EBITDA Operator (MSO) Clients Installs Nationwide Extract Market by 2028"
Slide 4: Precision and Cascade’s Core Business
Precision and Cascade’s Core Business Se aAGRIFY Precision and Cascade are leaders in the design and engineering of cutting-edge extraction equipment and pre-and-post-processing technology iv AGRIFY PRECISION @rascade SOLVENT CANNABIS a a gen rary an i i ] ¥ ° F ib 4 | Aen crporaten | may com | Conc
Slide 5: Agrify + Precision and Cascade: Total Solution Provider
Agrify + Precision and Cascade: Total Solution Provider Se AGRIFY Precision and Cascade’s combined focus on the processing segment enables Agrify to become a total solution provider with further opportunities to consolidate across the supply chain FUTURE PRECISION AND AGRIFY AGRIFY FUTURE TARGET CON
Slide 6: Strategic Acquisition Rationale
Strategic Acquisition Rationale AGRIFY Industry Reputation + Leading extraction, processing, and + Comprehensive solution provider testing brands in the cannabis and + Recurring HaaS revenues hemp industry + Greater share of customer wallet and AGRIFY” + Greater competitive barrier with + PRECISION
Slide 7: Unlocking Revenue Potential via Hardware-as-a-Service Model
Unlocking Revenue Potential via Hardware-as-a-Service Model Wie AGRIFY $29M Recurring annual extraction revenue $65M Additional fee income for Agrify (over 10 years) 260% Increase in net proceeds (trim vs. extraction) Current Post-Acquisition # of VFUs 1200 Annual Flower (Ib) 35 Trim ratio 35% Trim
Slide 8: Terms Summary
Terms Summary AGRIFY | Summary Terms 2 & 2 is) = Stock $17M ° ar, Total Consideration : pe (1) Canton pid i share cs sed on te 0 VAP eg on 9291. (2) Subse a a pot chasing making epi ad led austen win 120 ay 1112. () The lesion payout wil be bead