Authid Inc. · NASDAQ:AUID

Authid — Investor Presentation (August 2021)

18 slides from Authid's investor presentation, Aug 19, 2021

1. Slide 1: Company Presentation

   Company Presentation August 2021 New York | Bogota | London | Johannesburg NASDAQ: AUID © 2021 authID.ai. All Rights Reserved.

2. Slide 2: Disclaimer & Forward Looking Statements

   Disclaimer & Forward Looking Statements • This Presentation and information provided at a meeting at which it is presented (the “Presentation") has been prepared on the basis of information furnished by the management of authID.ai or Ipsidy Inc. (“authID.ai” or the “Company”) and has not been indepe

3. Slide 3: Our Team

   Our Team Experienced leaders in industries ranging from identity, software, fintech, and cybersecurity Tom Thimot Tripp Smith Grace de Fries Thomas Szoke Peter Curtis Chief Executive Officer, President & Chief of Staff Founder & Chief Marketing Officer Director Chief Technology Officer Chief Solutio

4. Slide 4: Vision and Mission

   Vision Recognise your customer instantly without friction or loss of privacy, powered by the most sophisticated biometric and artificial intelligence technologies Mission Eliminate passwords, and become the preferred platform for biometric identity authentication -4- © 2021 authID.ai. All Rights Res

5. Slide 5: The Password & Account Recovery Nightmare

   The Password & Account Recovery Nightmare Passwords Plague Enterprises1 • Compromised Passwords Cause 80% of Data Breaches • ~ $70 Password Reset Costs Consumers Hate Passwords • 40% of IT Help Desk Calls • Stolen Accounts - Consumer Nightmares • KBA Data - Often Forgotten & Breached • OTP - Weak Re

6. Slide 6: How big is the problem?

   How big is the problem*? 100 Passwords Per Person Passwords 4.7B Access to Internet 60 Password Resets Per Yr = 280 B Resets/Yr *Source: authID.ai data -6- © 2021 authID.ai. All Rights Reserved.

7. Slide 7: Identity Proofing & Authentication Markets

   Identity Proofing & Authentication Markets Global, Digital-Identity Market Identity Market Segments Additional Market Data $36B by 2025 2025 • ~90% of mid-size organizations. 35.7 60% of large companies expected 17% CAGR to begin phasing out passwords by 30.4 2022…will turn to digital ID 25.9 Digita

8. Slide 8: Recognise Your Customer. Whenever. Wherever.

   Recognise Your Customer. Whenever. Wherever. Biometric Identity. Eliminate Recognise Your Know Users Are Passwords. Customer™ Who They Say Strong They Are Customer ✓ Step-Up Assurance & Identity Recovery ✓ Stop Identity Fraud Authentication ✓ Eliminate One-Time ✓ Increase “Good” ✓ Stop Phishing & Pa

9. Slide 9: Biometric Identity Recovery: Our Disruptive Wedge

   Biometric Identity Recovery Our Disruptive Wedge Uses Who You Are. Not What You Have ✓ Recover account access with trusted biometrics • Not One-Time Password (OTP) • Not Knowledge-Based Authentication (KBA) ✓ Enhance existing Identity Access Management & Customer Identity Access Management solutions

10. Slide 10: Our Differentiators: Comprehensive Vision. Global IDaaS Platform.

    Our Differentiators Comprehensive Vision. Global IDaaS Platform. Comprehensive Identity Vision ✓ Cloud-Based IDaaS Platform Competitive Quadrant ✓ Automated Proofing, Open API To Peers ✓ Bound to Trusted Identity, FIDO2 Authentication ✓ Step-Up Biometric Multi-Factor Authentication ✓ Global Identity

11. Slide 11: Competitive Fundraising and Valuations

    Competitive Fundraising and Valuations • Leading provider of legacy one- • Device Biometric Authentication time password technology that provider with goal to eliminate Twilio authID will replace Transmit passwords • Twilio’s Verify authenticates the • Tied to the device…Not the Face device owner vi

12. Slide 12: Guiding Principles

    Artificial Intelligence & Biometrics are Frictionless Biometric Global Ethics Frictionless Dominance Scale Guiding Principles • Power innovative and • Advanced SOTA biometric • Scalable modular • Privacy-focused. Your differentiated consumer accuracy, model of models microservice architecture biomet

13. Slide 13: Elevate New Brand. Drive New Revenue

    Elevate New Brand. Drive New Revenue Build Marketing Digital Demand Generation Focus on Recurring Win the US Market & Sales & Self-Service Fulfilment Revenue Elevate authID as the leading offering in identity authentication with differentiated messaging • Increase web traffic (unique visitors) via S

14. Slide 14: Our Partners Are a Force-Multiplier

    Our Partners Are a Force-Multiplier Broad Reach To Key Market Segments FinTech & Financial Institutions IAMs & CIAMs HealthCare Telcos E-Commerce & Payment Processors Patient & Provider Sharing Economy -14- © 2021 authID.ai. All Rights Reserved.

15. Slide 15: We Deliver Identity Assurance to Financial Institutions

    We Deliver Identity Assurance to Financial Institutions Challenges Solutions • Identity Assurance for ✓ Trusted Digital Identity New Digital Onboarding Verification • Friendly Fraud ✓ Secure Passwordless Login • Phishing, Compromised KBA, Account Takeovers & Losses ✓ FIDO2 Authentication or Step-Up

16. Slide 16: Simple Capital Structure. Clean Balance Sheet.

    Simple Capital Structure. Clean Balance Sheet. -16- © 2021 authID.ai. All Rights Reserved.

17. Slide 17: The world with authID

    The world with authID No FRICTION, View Video just FACE IT!!! -17- © 2021 authID.ai. All Rights Reserved.

18. Slide 18: The Winning Formula

    The Winning Formula Talented Visionary Disruptive Recurring Leaders Technology Wedge Value • Experienced • Cloud-based, • Proven marketing • Optimal IDaaS management team microservice and six-sigma sales products for a architecture process massive TAM • Clear mission, laser focus and • Fast, accurat

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