Freight Technologies, Inc. · NASDAQ:FRGT
Freight Technologies — Hudson Capital — Merger or Acquisition (October 2020)
23 slides from Freight Technologies's merger presentation, Oct 15, 2020
Slide 1: Digital Cross-border Marketplace for Shippers and Carriers
jigital Cross-border Marketplace for Shippers and Carriers.
Slide 2: Safe Harbor Statement
Safe Harbor Statement Certain information set forth in this presentation contains “forward-looking information’, including “future-oriented financial information” and “financial outlook’, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for sta
Slide 3: Transportation Logistics Platform
Slide 4: Merger Overview
Merger | Overview Hudson Capital Inc. (Hudson Capital) entered into a definitive merger agreement to acquire FreightHub, Inc. (Fr8Hub) as a wholly-owned subsidiary. The transaction e Requires approval from Hudson Capital’s shareholders; e ls subject to other customary regulatory approvals, including
Slide 5: Investment Rationale
Investment Rationale + ~$429B cross-border US-Mexico trade’ Pies) \arWes ° ~$40B Mexico domestic? MARKET + ~$800B US domestic? + Expected manufacturing shifts to Mexico due to COVID-19 SCALABLE, + Launched Fr8Hub platform after 3 years of innovative software development DIFFERENTIATED - Data driven
Slide 6: New Strengthened Management
Javier Selgas CEO & Director Joined Fr8Hub initially as CTO 12+ years developing technology and digital marketing, including Country Manager in Osigu, Spain, head of AJEgroup’s IT division in Asia Pacific Founded Lanzadera Online digital marketing IT Consultant in big corporations such as Endesa and
Slide 7: Investment Rationale
Investment Rationale + ~$429B cross-border US-Mexico trade’ Pies) \arWes ° ~$40B Mexico domestic? MARKET + ~$800B US domestic? + Expected manufacturing shifts to Mexico due to COVID-19 SCALABLE, + Launched Fr8Hub platform after 3 years of innovative software development DIFFERENTIATED - Data driven
Slide 8: Significant Cross-Border Market Size
Significant Cross-Border Market Size US domestic United States MEX-US cross- border Freight Spend) Mexican domestic. $40:. Freight Spend?) 2. hits Hea oa "umWappruploads/20 19/08/Acenda Economica 2019, pdf 3. https:/www,trucking.org/news-insights/trucking-industry-revenues-top-796-billion-2018 8
Slide 9: Industry Dynamics
Industry Dynamics Domestic Cross-border Resulting Challenges Challenges Complexity ¢ Fragmented market * Tracking and visibility * Thousands of brokers * Lack of transparency cn * Multiple hand-offs * Operational nightmare + Inefficient matching * Economic and cultural gaps - Excessively high mainte
Slide 10: Fragmented Market Creates Opportunity in Mexico
Fragmented Market Creates Opportunity in Mexico ¢ Fr8Hub has built a technology infrastructure that would allow any traditional brokers in Mexico, large or small, to modernize their operations, and significantly improve experiences and efficiency for their carriers and shippers. ¢ Fr8Hub has opportu
Slide 11: Unique Differentiator: Foothold in Mexico
Unique Differentiator: Foothold in Mexico TRADITIONAL BROKERS. USA NAFTA LOGISTICS/3PL MARKETPLACES MARKETPLACE INTEGRATED WITH Fr8Hub @ C.H. ROBINSON te Posts me IDIA|T} LIVI\GSTON conwoy Feho project) Fe © TRANSFIX Pe YRMIS ' Fr@hb
Slide 12: How Does Fr8Hub Work?
How Does Fr8Hub Work? Less time spent matching each load with Fr8Hub. It’s a matter of setting the rate, routes, and trucks, our platform does most of the work. Register and Quote loads in Get matched Assign driver Go pickup REAL TIME Upload POD and get approved market place and truck tracking, get
Slide 13: The Fr8Hub Advantage
The Fr8Hub Advantage 9 © _ = - = = eS “§ After =| POD RCS joards: _ sj A ira ! i c &) a» = use Ae é = fr8hUo = Before % BOL 13
Slide 14: Main Functionalities
Main ; . Functionalities for Shippers ; for Carriers | (3) ; : o--> . eros ve =( ) 24/7 Live ] Tracking Marketplace Route Plan | One eohitto! Bid on loads Document O— management —oO- Message \ -Oo— \ center / ( ,) Data Analytics a Catch loads ; Freho
Slide 15: Winning With Shippers
Winning With Shippers (1D VY) TRUSTED CARRIERS SAFETY & RELIABILITY Eliminates driver shortage Tracks cross-border COST TRANSPARENCY REDUCE CHAOS No hidden carrier fees Manage freight in one control center 15 freho
Slide 16: Winning With Carriers
Winning With Carriers (Jo >>> MAKE EVERY MILE PAY $ RAPID PAYMENT Find freight, reduce Get paid fast with deadhead (empty) miles no factoring F @® COST TRANSPARENCY STREAMLINE WORKLOAD Know exactly how much Tools to increase your you’re making operations efficiency Freho 16
Slide 17: Product Roadmap & Milestones
Product Roadmap & Milestones Q2 2020 Q3 2020 Upcoming Release API Integration e Pricing tools intro NextGen e TMS expansion Fr8Hub e More API integration e Fleet management system launch
Slide 18: Solid Foundation Ready to Scale
Solid Foundation Ready to Scale 7,800+ Shipping loads YTD 2020 1,700+ Carriers onboarded 1,100+mi Average length of haul >>> 18
Slide 19: Growth Strategy
Growth Strategy 29> @ CONTINUE DEVELOPMENT e Furthering differentiated technology INCREASE TRAINING e Expanding TMS for shippers e Increasing Mexican - US education , e Integrating public API with more partners e ¢ Kickstarting Fr8Hub University « Launching fleet management system for carriers e Dev
Slide 20: Revenue: Actual, Guidance and Earnout Targets
Revenue: Actual, Guidance and Earnout Targets Significant Revenue Growth Trend $1.0M MONTHLY REVENUE ESTIMATED FOR SEPTEMBER, UP FROM $247K IN MAY REVENUE YEAR IN USD, M YOY GROWTH 2019 Actual $4.2 - 2020 Guidance $9 114% 2021 Earnout Target'? $25 178% 2022 Earnout Target'? $50 100% 2023 Earnout Tar
Slide 21: Comparables
Comparables MOST RECENT DATE OF FINANCING POST-MONEY REVENUE COMPANY, ESTABLISHED = ROUND OF FINANCING FINANCING AMOUNT VALUATION" MULTIPLE @ Uber Freight 2017 Series A Oct 20 $500.0 $3,300.0 45x @ US / Mexico 4 2x3 @® CONVOY 2015 Series D Nov 19 $400.0 $2,750.0 9.2x @ Us (Domestic Routes) @ OTRANSF
Slide 22: Investment Rationale
Investment Rationale + ~$429B cross-border US-Mexico trade’ Pies) \arWes ° ~$40B Mexico domestic? MARKET + ~$800B US domestic? + Expected manufacturing shifts to Mexico due to COVID-19 SCALABLE, + Launched Fr8Hub platform after 3 years of innovative software development DIFFERENTIATED - Data driven
Slide 23: Thank you
Hudson Capital — Merger or Acquisition (October 2020) on 6ix