Slide 1: Innventure DownSelect®
Innventure DownSelect® March 2024
Slide 2: Disclaimer
Disclaimer 2 This presentation (the “Presentation”) has been prepared by Innventure, LLC (“Innventure” or the “Company”) and Learn CW Investment Corporation (“Learn CW” or the “SPAC”) in order to assist interested parties in conducting their own evaluation of the potential business combination of th
Slide 3: Disclaimer
Disclaimer 3 expectations regarding Innventure’s and the Innventure Companies’ strategies and future financial performance, including their future business plans, expansion and acquisition plans or objectives, prospective performance and opportunities and competitors, revenues, products and services
Slide 4: Disclaimer
Disclaimer 4 the possibility that Learn CW and/or Innventure may be adversely affected by other economic, business, and/or competitive factors; the potential characterization of Innventure as an investment company subject to the Investment Company Act of 1940; operational risk; and the risk that the
Slide 5: Disclaimer
Disclaimer 5 Trademarks In addition to trademarks, service marks, trade names, copyrights and logos of Innventure and its subsidiaries contained herein, this presentation contains trademarks, service marks, trade names, copyrights and logos of other companies, which are the property of their respect
Slide 6: The Innventure Strike Zone
Seeking proven technologies(1) that have been significantly risk-mitigated by MNC partners with benefit of market data Risk-Mitigated Business Leverage MNC data and built-in adoption to confirm market demand and identify early customers, mitigating risk for go-to-market pathway and ensuring customer
Slide 7: Pipeline of MNCs for Company Launches
Pipeline of MNCs for Company Launches 7 Innventure’s target is to be in dialogue with the globe’s 50 most innovative companies The Company has active relationships at 29 MNCs, and has been shown nearly 100 technologies / potential companies to-date Innventure is in active dialogue with 11 MNCs, incl
Slide 8: Drivers of the Innventure Opportunity
Drivers of the Innventure Opportunity 8 Technology constantly changes business across a diverse set of use-cases. Innventure has extensive experience screening technologies for commercialization to meet expected unmet market needs. Key market drivers and markets in need of a technology solution are
Slide 9: Illustrative Innventure Company Creation Timeline
Illustrative Innventure Company Creation Timeline 9 Target and build relationships with MNCs Commercialize the technology solution and scale the business: Execute operating plan and scale production in-line with concrete revenue Expand customer set to capture market share Innventure shareholders may
Slide 10: Proprietary approach to generate outsized risk-adjusted returns
10 Proprietary approach to generate outsized risk-adjusted returns through rigorous company formation Innventure’s DownSelect® analysis is the culmination of 30 years of executive experience and learnings from over 100 technology reviews made by the Innventure team. This proprietary approach to eval
Slide 11: DownSelect® Quality Scoring
DownSelect® Quality Scoring 11 Helps prioritize evaluation and development of opportunities by integrating information in an iterative loop across five key interconnected factors Value Quantification of the immediate, new economic value created for customers, especially strategic value for MNC partn
Slide 12: Innventure's DownSelect® Phases
Innventure’s DownSelect® Phases 12 Each phase in the DownSelect® analysis seeks to best assess revenue opportunity, initial and scaled unit economics, capital requirements and risk. The ultimate output is a potential business launch that has met or exceeded a rigorous set of checks and balances. PHA
Slide 13: DownSelect® Initial Phases
DownSelect® Initial Phases 13 Data-intensive diligence and standardized evaluation steps make the initial phases of DownSelect® highly scalable. Collaboration with a growing network of MNCs provides initial DownSelect® phases with truly unique market knowledge. PHASE 2 PHASE 3 PHASE 4 PHASE 1 Opport
Slide 14: DownSelect® Decision and Formation Phases
DownSelect® Decision and Formation Phases 14 Each phase in the DownSelect® analysis seeks to best assess revenue opportunity, initial and scaled unit economics, capital requirements and risk. The ultimate output is a potential business launch that has met or exceeded a rigorous set of checks and bal
Slide 15: 98% of opportunities don't pass the DownSelect® rigorous analysis
98% of opportunities don’t pass the DownSelect® rigorous analysis Innventure’s DownSelect® Pipeline 15 DownSelect® arms Innventure with a scalable ability to evaluate a significant number of opportunities at once. A wide opportunity set allows for very high capital and return discipline. *Newco laun
Slide 16: DownSelect® – Risk Avoidance Discipline
Capital Timeline DownSelect® – Risk Avoidance Discipline 16 Rigorous evaluation of spectrum technology solution with multinational telecom partner led to DownSelect® rejection PHASE 2 PHASE 3 PHASE 4 PHASE 1 Opportunity Screen Critical Factor Assessment Strategy & Formation Comprehensive Quantificat
Slide 17: Slide 17