D/b/a Compass Diversified Holdings Shares Of Beneficial Interest · NYSE:CODI
D/b/a Compass Diversified Holdings Shares Of Beneficial Interest — Compass Diversified Holdings — Merger or Acquisition (January 2024)
11 slides from D/b/a Compass Diversified Holdings Shares Of Beneficial Interest's merger presentation, Jan 16, 2024
Slide 1: The Honey Pot Company Overview Presentation
The Honey Pot Company Overview Presentation January 16, 2024
Slide 2: Forward Looking Statements
Forward Looking Statements CAUTIONARY NOTES ON FORWARD LOOKING STATEMENTS All non-historical statements in this presentation constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as a
Slide 3: pass, HoneyPot
pass, HoneyPot ie , ‘Honey Pot | — —
Slide 4: The Honey Pot Company Emerged as the Answer
No One Taking a Human-First Approach Brand Positioning Not Evolving and Not Inclusive Lack of Transparency Trade-Off Between “Better-for-You” and Efficacious Rooted in Shame Large, Stagnant, Often Low-Growth Categories In 2012, the Feminine Care Industry was Ripe for Disruption… …The Honey Pot Compa
Slide 5: Unique formulation approach supported by clinical testing
5 P E R S O N A L C A R E M E N S T R U A L N E E D S C O N S U M E R H E A L T H & S E X U A L W E L L N E S S Unique formulation approach supported by clinical testing • Contains efficacious and plant-derived ingredients sourced and formulated to deliver powerful solutions • Products supported by
Slide 6: Digitally Native Brand with Retailer-First Strategy
Digitally Native Brand with Retailer-First Strategy…Well-Established in Mass with Significant Whitespace Opportunity in Grocery, Drug, Club and eCommerce Channels $0 $25 $50 $75 $100 $125 $150 2017 2018 2019 2020 2021 2022 2023 6 Key Retailer Launches & Gross Sales ($mm) Retail Doors: ~2,200 ~5,500
Slide 7: Strategic Attributes
Strategic Attributes Founded in 2012 to formulate a transparent world by committing to safe and efficacious ingredients and by normalizing and democratizing holistic wellness – inside and out – for all 7 01 Innovation leader in growing “better-for-you” feminine wellness market Brought 60+ SKUs to ma
Slide 8: Large Addressable Market Opportunity
LARGE ADDRESSABLE MARKET OPPORTUNITY Honey Pot’s Holistic Approach to Feminine Wellness, Innovative Products, and Unique Brand Equity Disrupting a Stagnant Category Addressable Market 8 Only brand in category with demonstrated ability to “cross the aisle” and gain share in multiple personal care c
Slide 9: The Honey Pot Co.'s Exceptional Financial Profile
9 ~$121mm of gross sales; ~$29mm of adj. EBITDA(1) Minimal working capital need High free cash flow (CapEx ~2% of net sales & tax assets) (1) Full year 2023 estimates per company management prior to our ownership. The Honey Pot Co.’s Exceptional Financial Profile Significant investments made in infr
Slide 10: Terms of the Transaction
CODI’s Permanent Capital competitive advantage provided the certainty and speed required to secure this very attractive business 10 $380mm Enterprise Value ($347mm funded by CODI) Expected close February 2024 Founders and management team re-investing significant amount of proceeds Expected to be fun
Slide 11: Thank you!
Honey Po } P [- a _— — ory Pot - COMPASS DIVERSIFIED Thank you!
Compass Diversified Holdings — Merger or Acquisition (January 2024) on 6ix