Symbotic Inc. · NASDAQ:SYM
Symbotic — Merger or Acquisition (July 2023)
13 slides from Symbotic's merger presentation, Jul 24, 2023
Slide 1: Creation of GreenBox to Bring Symbotic's Technology Platform to Warehouse-as-a-Service
Creation of GreenBox to Bring Symbotic’s Technology Platform to Warehouse-as-a-Service July 24, 2023
Slide 2: Disclaimer
Disclaimer Cautionary Notes This presentation (together with the information and data contained herein, “Presentation”) is for informational purposes only. No representations or warranties, express or implied, are given in, or in respect of, this Presentation or otherwise with respect to Symbotic, i
Slide 3: 3 | © Symbotic Symbotic, Inc. Inc. All
3 | © Symbotic Symbotic,Inc. Inc. All AllRights RightsReserved Reserved || Proprietary Proprietaryand andConfidential Confidential
Slide 4: $500B+ GreenBox Opportunity
Foundational Platform Technology Advantage Underpins GreenBox’s Economic Model and Customer Value Proposition $500B+ GreenBox Customer Value Proposition GreenBox Opportunity Productivity and Flexible Access to SKU Agility and Inventory Optimization Economic Value Leading Automation Speed, accuracy a
Slide 5: GreenBox Joint Venture Overview
GreenBox Joint Venture Overview Symbotic SoftBank Ownership Ownership GreenBox Purchase of Systems and Annual Recurring Software GreenBox Automated Warehouse A GreenBox Automated Warehouse B GreenBox Automated Warehouse C Symbotic’s Platform Technology Symbotic’s Platform Technology Symbotic’s Platf
Slide 6: GreenBox Enables Significant New Incremental TAM for Symbotic
GreenBox Enables Significant New Incremental TAM for Symbotic Broader Access Attractive Tailwinds To Symbotic technology and Puts Symbotic at associated efficiencies demanded by customers GreenBox the center of growing logistics outsourcing trend “In-House” “Outsourced” 1 2 Customer Proof Points Gre
Slide 7: GreenBox Enhances Value for Symbotic Shareholders
GreenBox Enhances Value for Symbotic Shareholders ✓ Addresses Broader Global Market Opportunity ✓ Enables Fastest and Most Efficient Market Penetration ✓ Predictable, Recurring Revenues at Higher Margins ✓ Strong Potential Economic Returns via 35% Ownership of GreenBox 7 | © Symbotic Symbotic,Inc. I
Slide 8: GreenBox Contract and Financial Benefits
GreenBox Contract and Financial Benefits ◼ Summary of Contract Illustrative Symbotic / GreenBox Transactions — GreenBox committed to purchase approximately ~$7.5 billion systems #1 35% Capital Contributions — Incremental backlog contribution approximately $11 billion, Systems and Annual Recurring in
Slide 9: Significant Recurring Revenue Opportunities for Symbotic
Significant Recurring Revenue Opportunities for Symbotic Illustrative Revenue Waterfall to Symbotic Over Time Under GreenBox Contract Time Long Term 35% Economic GreenBox GreenBox Ownership in GreenBox GreenBox Distributions Distributions GreenBox Distributions Distributions System System Recurring
Slide 10: Expected Operational Timeline of GreenBox
Expected Operational Timeline of GreenBox GreenBox Distributions GreenBox Milestones 2023 Board / management appointed 2024 2026 Sourcing initial Secure customer First system operational warehouses commitments Initial customer and Place first Symbotic partner discussions system order Transaction 202
Slide 11: Transformative Warehouse-as-a-Service Offering Unlocks $500B+ TAM
Transformative Warehouse-as-a-Service Offering Brings Symbotic to a Broader Customer Universe Unlocks $500B+ TAM Extends Backlog by $11B 11 | © Symbotic, Symbotic Inc. Inc. All AllRights RightsReserved Reserved || Proprietary Proprietaryand andConfidential Confidential
Slide 12: Joint Venture Key Facts
Joint Venture Key Facts ◼ Symbotic’s exclusive global warehouse-as-a-service partner ◼ Three-person Board of Managers: one nominated by each of Symbotic and SoftBank and one independent manager ◼ Intend to regularly distribute excess cash flow ◼ Management independent from Symbotic and SoftBank ◼ Ma
Slide 13: symbotic
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