Slide 1: Investor Wrap Update
INVESTOR WRAP UPDATE
Slide 2: Wrap Safe Harbor Statement
WRAP SAFE HARBOR STATEMENT
Slide 3: Save Lives
SAVE LIVES
Slide 4: Rising Conflict Leads to the Need for De-escalation
WRAP __ RISING CONFLICT LEADS TO THE NEED FOR DE-ESCALATION Mental Health Crisis Social Conflict Litigation & Settlements in209, ney bitonseoie—incsne |g Tevotinevontvacoeceas—weehine 2 in 10 wmsmatot asoe ree Sonn Since 2017 there have been over 230 significant atigovernment protest worldwide Jnmor
Slide 5: We Are Only Targeting the De-escalation Market
WRAP _ WEARE ONLY TARGETING THE DE-ESCALATION MARKET
Slide 6: De-escalation Leads to Safer Policing Outcomes
WRAP DE-ESCALATION LEADS TO SAFER POLICING OUTCOMES. BOLA WRAP 150° At WRAP, we save lives and pevice ustomizable colors ai reduce the risk of injury by seers br pesratied equipping the public safety ees industry with innovative tools CASSETTE ‘ACCESSORIES jal - Serialized, Holsters, belt and traini
Slide 7: BolaWrap 150
BOLA WRAP 150:
Slide 8: BolaWrap Remote Restraint Device
WRAP _ BOLAWRAP 150 REMOTE RESTRAINT DEVICE DEVICE { Customizable colors and | BolaWrap 150 szcesonerforpesonted | $ ana = : departments CASSETTE i J " serialized, one-time use 3 US. patents granted ‘Trademarks fled in US. and targeted foreign counties 6 Foreign patents granted 55 ‘Countries covere
Slide 9: Defining a Successful BolaWrap Outcome
WRAP _ DEFINING A SUCCESSFUL BOLAWRAP OUTCOME arm waged and pooed ws se. Stet expe pg fice ie re i daa uty se seetnietg pa or tg aa BolaWrap’ aids in a suspect being -——- taken into custody, without the ‘tetatapoapafed® escalation of force and without significant injury to the suspect or officers.
Slide 10: BolaWrap Deployment Is Growing
WRAP __BOLAWRAP DEPLOYMENT IS GROWING ° g 3 9 oy e 2 4 x 9 ° 9 0 9 9 7.29 . o? 79 Fee ¢ FF Riese Ging 908% Bi Lg FP 09 9 % C) SA Oi ° 9 hd ae u & ° Se % ae & ‘ 825+ ° ay WQ° 4 paiealealineeia
Slide 11: Reality
WRAP REALITY:
Slide 12: Wrap Reality Is the Future of Training Today
WRAP wrap REALITY IS THE FUTURE OF TRAINING TODAY Cutting-edge virtual , 4 /, reality training technology for law enforcement and ? cur security personnel ‘rem serninm al g ange comes rom al dretons (eg above, oe teow
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Slide 14: Significant Total Addressable Market
WRAP J SIGNIFICANT TOTAL ADDRESSABLE MARKET 105,000,000+ Total Addressable Market $9.08 © 75,000,000 So 000+
Slide 15: BolaWrap Has a Large Serviceable Addressable Market
WRAP __sBOLA WRAP HAS A LARGE SERVICE ADDRESSABLE MARKET Potential full market opportunity for BolaWrap® 5% Total International Penetration 15% Domestic Market Penetration BolaWrap 15¢ Market Opportuni 5% Current Deploved Agencies se. +$175M cm +$ 15M “8 current Deployed Offers Penetration { +$750M
Slide 16: Corporate Strategy
CORPORATE STRATEGY
Slide 17: Experienced Management Team
WRAP EXPERIENCED MANAGEMENT TEAM ‘TU KENNEDY Cer exEcUTIVE OFFICER Se FirstNet @ ig Raytheon Technologies SAIC & KEVIN MULLINS CHRIS DEALMEIDA 31 26 F EXPERIENCE EXPERIENCE intrensic ©ORION Q satermobility | Continental $3 bmc GLENN HICKMAN
Slide 18: Our Strategic Roadmap for Success
WRAP __ oUR STRATEGIC ROADMAP FOR SUCCESS = Execute on comprehensive roadmap focused on sustainable growing revenue, driving strong margins, and supporting long run profitability = Implement enhanced sales approach for long-term value creation = Use improved pricing to expand domestically, internati
Slide 19: Our Go-to-Market Priorities
WRAP OUR GO-TO-MARKET PRIORITIES = Achieving Repeatable and Predictable Sales » Expanding the Sales Function © Building Stronger Relationships with Key Distribution Partners * Focusing on Increasing Sales Successes & Lead Generation = Dedicated Inside Sales Function Improved Quota and Commission Str
Slide 20: Robust Distribution Network
WRAP __ ROBUST DISTRIBUTION NETWORK DISTRIBUTION NETWORK ——<< International Invernational Distributor Network ay International Distributors 58 Countries curently with Bolarap products 58 sinners Distributors. " United States US Distributor Network 13 Distributors 50 States covered by Distributors 12
Slide 21: Robust Sales Cycle Can Take Time
WRAP ROBUST SALES CYCLE CAN United States - decisions made by each departm ae | Large Departments. Federal Agencies ‘Small Departments. | —> International - decisions made on national level by individual er Large Departments Federal Agencies TAKE TIME Demonstration Full Agency Deployment Shay roctra
Slide 22: Q3 2022 Update — A Quarter of Continued Progress
WRAP Q3 2022 UPDATE — A QUARTER OF CONTINUED PROGRESS Deployed Strategic Roadmap deployed Redesigned go-to-market sales approach Connected with all major istributors across the Globe to realign sales process and introduce new management team 900 Continued to Deploy Products ‘Trained law enforcement
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Slide 24: Continuing to Build on Historical Revenue Growth
WRAP CONTINUING TO BUILD ON HISTORICAL REVENUE GROWTH Annual Revenue Continues Strong Growth $7.7 sasm Asia Pacie 2022 YTD Revenue Breakdown $4.5m We" 2022110 REVENUE Fr EMEA, 10% International Revenue Growth
Slide 25: Focused on Reducing Cost and Increasing Cash Flow
FOCUSED ON REDUCING COST AND INCREASING CASH FLOW WRAP ‘As a company, we are focused on improving sales while reducing and eliminating non-critical mi SG&A and R&D costs. In 2022, we have already reduced our OPEX costs by over $5M on an annualized basi FOCUSED ON REDUCING OPEX COST $7. “GROSS MARGIN
Slide 26: Strong Balance Sheet Supports Future Growth
WRAP _ STRONG BALANCE SHEET SUPPORTS FUTURE GROWTH CORPORATE HIGHLIGHTS Assets current Assets 41.13 million ( = iF Uabittes curren bites Long-Term Lables Total Uabiltes stockholders Equity 13.9 million 28, Total abilities and Stoctholder’s Equity
Slide 27: Focused Targets for the Future
WRAP FOCUSED TARGETS FOR THE FUTURE QUARTER SALES ABOVE f QUARTER OPEX BELOW SSM IN 2023 $5M IN ADJUSTED QUARTER EBITDA BREAKEVEN IN 2023
Slide 28: Summary
Slide 29: Summary of Key Considerations
WRAP © summary OF KEY CONSIDERATIONS = We are executing on our strategic roadmap. » We have improved Gross Margin through manufacturing, improved pricing, and sales process. » We have reduced Operating Expenses significantly and expect our cash burn to continue to improve. * We have improved our go
Slide 30: Wrap Technologies, Inc.
WRAP Wrap Technologies, Inc. 1817 Wa" STREET TEMPE, ARIZONA 85281 Wrap Investor Relations ‘Matt Glover and Tom Colton Gateway Group, Inc. 949-574-3860 WRAP@gatewayizcom