INVESTOR PRESENTATION - JUNE 3, 2021 (TSXV: GA)

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INVESTOR PRESENTATION - JUNE 3, 2021 (TSXV: GA)
(TSXV: GA)

INVESTOR
PRESENTATION
JUNE 3, 2021
INVESTOR PRESENTATION - JUNE 3, 2021 (TSXV: GA)
DISCLAIMER
FORWARD-LOOKING INFORMATION

This presentation (this “Presentation”) contains “forward-looking information” and “forward-looking statements” within the      These risks, uncertainties, assumptions and other factors could cause the Company’s actual results, performances, achievements
meaning of applicable securities laws (together, "forward-looking statements"). Forward-looking statements in this              and experience to differ materially from the Company’s expectations, future results, performances or achievements expressed or
Presentation include, but are not limited to, statements with respect to: the Company’s business plan and strategy,             implied by the forward-looking statements. The forward-looking statements contained herein are presented for the purpose of
development and commercialization plans and objectives, business performance an, prospects and opportunities available          assisting readers in understanding the Company’s expected financial and operating performance and the Company’s plans and
to the Company, values and other economic indicators and estimations. Often but not always, forward-looking statements          objectives and may not be appropriate for other purposes. You should read this information with the understanding that the
can be identified by the use of words such as “anticipate”, “outlook”, “envisage”, “believe”, “expect”, “project”, “estimate”,   Company’s actual future results may be materially different from what it expects. These forward-looking statements are expressly
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(including negative variations) of such words and phrases. Forward-looking statements are based on certain material             statements, except as required by law.
assumptions and analysis made by the Company, and the opinions and estimates of management as of the date such
statements are made and they represent management’s best judgment based on facts and assumptions that                           Additional Cautionary Language
management considers reasonable in light of its experience and perception of historical trends, current conditions and
expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties.         The information contained in this Presentation is current as of June 2021 and does not purport to be all-inclusive or to contain all
                                                                                                                                information that prospective investors may require. This Presentation is not, and is not intended to be, an advertisement,
The material assumptions upon which forward-looking statements in this Presentation are based include, among others,            prospectus or offering memorandum, and is made available on the express understanding that it does not contain all information
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operating management or the non-disruptive replacement of them on competitive terms; the regulatory environment in              of it be relied upon in connection with or act as any inducement to enter into any contract or commitment or investment decision
which the Company operation; and stable market and general economic conditions; however, this data is inherently                whatsoever. Readers should not construe the contents of this Presentation as legal, tax, regulatory, financial or accounting advice
imprecise. The Company makes no representation that reasonable businesspeople in possession of the same information             and are urged to consult with their own advisers in relation to such matters. The Company currently operates in a highly
would reach the same conclusions. Although the Company believes that the assumptions underlying forward-looking                 competitive market landscape. There can be no guarantee that the Company will achieve any of its intended targets.
statements are reasonable, they may prove to be incorrect and the Company cannot assure that actual results will be
consistent with such statements. Given these risks, uncertainties and assumptions, you should not place undue reliance on       Where this Presentation quotes any information or statistics from any external source, it should not be interpreted that the
these forward-looking statements, or the information contained in such statements.                                              Company has adopted or endorsed such information or statistics as being accurate. The Company also advises investors that some
                                                                                                                                of the information presented herein is based on or derived from statements by third parties, has not been independently verified
Whether actual results, performance or achievements will conform to the Company’s expectations and predictions is               by or on behalf of the Company, and that no representation or warranty, express or implied, is made as to, and no reliance should
subject to a number of known and unknown risks, uncertainties, assumptions and other factors, including the Company’s           be placed on, the fairness, accuracy, completeness or correctness of this information or any other information or opinions
potential requirement for additional funding to develop its business and its ability to acquire such funding on commercially    contained herein, for any purpose whatsoever.
acceptable terms; and risks relating to the following: the Company’s failure to economically commercialize its services and
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develop its business; the Company’s failure to adequately evaluate its current business and future prospects; foreign
conversion rates; changes to applicable laws of any jurisdiction in which the Company’s operate or proposes to operate; and     U.S. Non-Solicitation
the Company’s business practice reputation being negatively affected by customer or user complaints or negative publicity.
                                                                                                                                This Presentation is not an offer of securities for sale in the United States and is not an offer to sell or solicitation of an offer to buy
                                                                                                                                any securities of the Company nor shall it form the basis of, or be relied upon in connection with any contract for purchase or
                                                                                                                                subscription. The securities of the Company have not been and will not be registered under the United States Securities Act of 1933,
                                                                                                                                or the securities laws of any state and may not be offered or sold in the United States absent registration or pursuant to an
                                                                                                                                applicable exemption therefrom.

                                                                                                                            2
INVESTOR PRESENTATION - JUNE 3, 2021 (TSXV: GA)
3

POISED TO TAKE PIZZA
TO NEW HEIGHTS
                        Scale GA Pizza nationally with our
   GOAL:                objective of becoming a globally
                        recognized premium pizza brand by 2022.

GA Pizza’s sustainably-built,        There's a growing market for     Omnichannel: When
freezer-to-table consumer            at home pizza experiences        consumers think “pizza,”
packaged goods (CPG) is                                               we’re there
revolutionizing our relationship
with the freezer aisle
                                     Global frozen pizza market       GA Pizza’s omnichannel brand
GA Pizza’s CPG line includes 8       expected to reach US$17.3B by    platform raised ~$13M within 6
delicious pizzas, 75% of which are   2023.1 E-commerce sales almost   months of launching—‘Pizza as
meat-free or plant-based —           doubled in order volume          a Service’ meets consumers
partially-baked and flash frozen to   between January and April        wherever they are, including
cook in 7 mins or less in            2020.2                           direct-to-consumer (DTC).
conventional home ovens.

                                                                 3                                     1. “Frozen Pizza Market Growth & Trends” (Grand View Research, 2020)
                                                                                                                2. “Retail e-commerce and COVID-19” (Statistics Canada, 2020)
INVESTOR PRESENTATION - JUNE 3, 2021 (TSXV: GA)
WE DON’T WANT TO BE
THE ONLY PIZZA YOU EAT,
JUST THE BEST FROZEN
PIZZA YOU EAT

TOTAL FROZEN
PIZZAS SOLD

                         82,651
           31,285
 11,897

 Q3 2020       Q4 2020    Q1 2021

                                    4
INVESTOR PRESENTATION - JUNE 3, 2021 (TSXV: GA)
THE PIZZA MARKET OPPORTUNITY

GLOBAL FROZEN PIZZA
                      Consumer demands are driving increased growth in natural,
MARKET TO REACH       plant-based and ready-to eat food in the frozen category.
US$25.2B BY 20251

                       +9.5%                        +11.9%                                           +5.5%
                      Growth in natural /              CAGR in the                                       CAGR in the
                            organic                 plant-based food                                    “ready-to-eat”
                      preference in 2020 2        market through 2027 3                               category through

            $25.2B                                                                                          2027 4

                      Today’s pizza lover is increasingly seeking plant-based,
 $11.3B               naturally-sourced, and healthy products with quality driving
                      their key purchase decision.

  2016        2025

                                                                                      1. “Frozen Pizza Market Growth & Trends” (Grand View Research, 2020)
                                                            2. “US Natural and Organic Market Due for 9.5% Growth in 2020” (Natural Products Global, 2020)
                                             3. “Plant Based Food Market - Global Opportunity Analysis And Industry Forecast” (Meticulous Research, 2020)
                                                                          4. “Ready Meals Market Size, Share & Trends Analysis” (Grand View Research, 2020)
                         5
INVESTOR PRESENTATION - JUNE 3, 2021 (TSXV: GA)
PIZZA KEY PERFORMANCE INDICATORS

                                                    284%
Q3 2020         Q4 2020         Q1 2021
REVENUE         REVENUE         REVENUE

CPG: $107,303   CPG: $121,606   CPG: $150,594
DTC: $16,500    DTC: $165,060   DTC: $634,618
                                                    DTC GROWTH Q4/20 - Q1/21

                                                    28%
                                TOTAL REVENUE
                                $1,072,338
                TOTAL REVENUE
                $703,044
TOTAL REVENUE
$489,226                                            CPG GROWTH Q4/20 - Q1/21

                                                6                         Note: All sales figures are unaudited
INVESTOR PRESENTATION - JUNE 3, 2021 (TSXV: GA)
EXPLOSIVE GROWTH IN DTC FOOD

   HelloFresh is the                     An emerging                 A leading online             A leading grocery                  Home to the
 United States’ leading                plant-based food              grocery company            e-commerce software                World's First Pizza
  meal kit company                   technology company                 in Canada                     company                        Subscription

       XTRA: HFG                        TSXV: VERY                      TSX: FOOD                     TSX: LOCL                        TRADING
       MKT. CAP.                         MKT. CAP.                      MKT. CAP.                     MKT. CAP.                      JUNE 3RD, 2021
        €13B+ 1                          C$450M+ 1                      C$550M+ 1                     C$170M+ 1                        TSXV: GA

● 7 million active users in Q1     ● Second plant-based meat     ● ~310,000 active              ● Delivered ~C$35M in          ● Over $1M in total revenue
  2021, resulting in ~30 million     company to go public,         subscribers in Q2 2021         revenue for Q2 2021 with        in Q1 2021, up 53% QoQ;
  orders                             with a ~20x increase in       representing a revenue         nearly 30,000 active            82,000 pizzas sold in Q1
                                     share price1                  run-rate of C$440M with        customers within the            2021 with DTC revenue
● Better than estimated
                                                                   30% gross margins1             eGrocery business, a            up 284% QoQ1
  performance in Q1 2021           ● The company delivered
                                                                                                  year-over-year increase of
  resulted in management             over C$1M in sales in the   ● Over 1.1M grocery products                                  ● “GA Pizza Club,” saw over
                                                                                                  30%1
  revising growth for 2021           month of March 2021           were delivered to                                              10,000 orders placed
  from 35% to 45%                    alone1                        customers in Q2 2021 with    ● Partners and customers          across Southwestern
                                                                   over 4,000 grocery             include Carrefour Group         Ontario in Q1 20211
                                                                   product SKUs available for     (EPA: CA), Walmart (NYSE:
                                                                   delivery1                      WMT), Microsoft (NASDAQ:
                                                                                                  MSFT), and SPUD.ca1
                                                                                                                               1. As of May 26th 2021 per Company Filings and SEDAR
                                                                            7
INVESTOR PRESENTATION - JUNE 3, 2021 (TSXV: GA)
OMNICHANNEL ADVANTAGE
Make delicious pizza available to everyone, everywhere.

GA Pizza’s diverse channel mix delivers a better brand experience for pizza
lovers—enhancing customer relationships and maximizing marketing investments.

DIRECT-TO-CONSUMER                                     WHOLESALE / CPG                                    RESTAURANTS & EXPERIENCES
GA Pizza Club, our premium frozen pizza subscription   Focusing on premium and multi-unit grocers,        Birthplace of our signature naturally leavened personal
offering shipped over 25,000 boxes since its           as well as securing distributor relationships to   pizzas, both made-to-order and our frozen line -
September 2020 launch. Our pizza gifting platform,     scale our grocery presence as production           continues to be a culinary destination for all of our
allows consumers to send chef-curated pizza boxes      increases.                                         customers and a well of inspiration for our content and
and gift cards to friends and family.                                                                     earned media channels.

                                                                                  8
INVESTOR PRESENTATION - JUNE 3, 2021 (TSXV: GA)
A BETTER BRAND EXPERIENCE

Omnichannel shoppers have
a 30% higher lifetime value
than those who shop
through a single channel.1

9.5% 7.5%                            89%
year-over-year    year-over-year     customer retention
increase in       decrease in cost   rate vs. 33% for
annual revenue1   per customer       companies with
                  contact1           weak omnichannel
                                     customer
                                     engagement2

                                                                                                                                              )
                                                                                        1. “Omni-Channel Customer Care” (Aberdeen Group Inc.)
                                                              2. "Digital Impact on In-Store Shopping" (Google, Ipsos MediaCT, Sterling Brands)
                                                          9
INVESTOR PRESENTATION - JUNE 3, 2021 (TSXV: GA)
WHOLESALE: SOUTHWESTERN ONTARIO

           FIESTA FARMS
           SUMMERHILL MARKET
           THE DRAKE COMMISSARY
           MAMA EARTH ORGANICS
           THE BIG CARROT
                                  66 RETAILERS
                                  & COUNTING
                         10
PIZZA PLANS FOR 2021

            SERIES A                                            Biodegradable
                                                                Products
             Closed                              Master         Institute       New
             funding round                       production     certification    technology
                                                 facility                       platform

Q1                                              Q3
                        Q2                                               Q4
     Market
     expansion to                                             GA New
     "N" postal                                               Brand
                             Direct List                      Launch             National
     code/South
                             June 3rd                                            rollout
     Western ON

                                           11
A PLAN FOR GROWTH
Pizza production will move to a gourmet operations facility
in Q3 2021. The long-awaited increase in production
capacity has GA Pizza poised for hypergrowth.

To-date, all production has been housed within our Spiritual Home
and restaurant on Adelaide. With the entry of the GA production
facility into our organizational ecosystem, our production capacity is
projected to expand rapidly.

  Q1 2021           Q2 2021           Q3 2021          Q4 2021
  1K Pizzas         2K Pizzas         5K Pizzas        10K Pizzas
  Per Day           Per Day           Per Day          Per Day

Q4 TARGET: 10K PIZZAS PER DAY

                                                                         12
KEY CUSTOMER TRENDS

FROZEN                                    SHOPPING LOCAL/                                                 ONLINE / DTC SALES
IS HOT                                    INDEPENDENT                                                     SKYROCKETED

Frozen food had a surprise                Greater support of brands that                                  E-commerce sales have increased
breakout with sales jumping               are connected to communities.                                   by 45.8% in order volume from
by 94% in March 2020                      Consumers are attracted to                                      2019-2021, as a result of COVID-192
compared to a year earlier 1              quality products from authentic,
                                          independent brands

“A lot of the growth is coming from       It’s all part of a greater awareness about                     Two years ago, only 13.6% of sales were made
small brands that have healthier, clean   healthy eating, food waste and climate                         from online purchases. Today, that number is
labels, or vegetarian lines. People are   change, as well as a desire to keep money                      expected to reach 19.5% in 2021.2
discovering that product quality and      in the neighbourhood.
taste has improved”
- John Owen, Mintel

                                                                                       1. “New Data Suggests Frozen Food Surge Will Have Longer Shelf Life” (American Frozen Food Institute, 2020)
                                                                  13                                                      2. "Retail Ecommerce Sales Worldwide, 2019-2024" (eMarketer, Dec 2020)
THE PLANT-BASED REVOLUTION

PLANT-BASED DIET AWARENESS
While not everyone is adapting full-time plant-based diets,
an increasing amount are adapting to a hybrid diet 1, 2

     65%                 29%                   4%               2%
   OMNIVORE           FLEXITARIAN         VEGETARIAN          VEGAN

 “I eat a wide       “I eat a wide       “I eat no meat,   “I eat no animal
 variety of foods”   variety of foods    dairy, pork,      products at all”
                     but trying to eat   chicken, etc.”
                     LESS meat,                                                                                                               What goes with GA Pizza’s
                     dairy, pork,                                                                                                             all-natural vegan pizza dough?
                     chicken etc.”                                                                                                            Premium plant-based cheese!
                                                                                                                                              Housemade pumpkin seed parm
                                                                                                                                              Violife® Mozzarella Style Shreds — free from
 Currently, 75% of GA pizzas are                                                                                                              dairy, soy, gluten, lactose, nuts, preservatives
                                                                                                                                              and Non-GMO
 plant-based or meat-free

                                                                              1. “Top Trends in Prepared Foods 2017: Exploring trends in meat, fish and seafood; pasta, noodles and rice; prepared meals; savory deli
                                                                      14                                                                                       food; soup; and meat substitutes” (Global Data, 2017)
                                                                                                                                       2. “Who is the Plant-Based Shopper?” (Plant Based Foods Association, 2020)
FOCUS ON
SUSTAINABILITY
“Based on customer feedback from our e-commerce channel, we
decided that, out of the gate, we wanted to be shipping with less
waste,” [Ali Khan Lalani, founder & CEO] explains. And this led the
brand to commit to achieving 100-percent divertible consumer
packaging and compostable product packaging.
(...)
“Our purpose is to show the world that better can be easy…We’ve
built the holistic GA Pizza experience to be better.”

Food Service & Hospitality Magazine, “The Annual Green Report,” April 2021
                                                                                                                                        100%
                                                                                                                                    DIVERTIBLE
                                                                                                                                    PACKAGING
Current DTC                Our pizzas are       Secured sustainable               Working with local partner:   On path to BPI
packaging is 95%           shipped with         product packaging                 Alphapoly on sustainable      certification — our
recyclable, with a liner   responsibly          materials — compostable           packaging designed to         compostable
made of 20 recycled        sourced dry ice      and made from                     breakdown into nutritive      packaging has entered
water bottles                                   plant-based bio-materials         non-toxic soil when           the testing process.
                                                                                  processed by commercial
                                                                                  composting facilities

                                                                             15
OUR PRODUCT

“
                                                          PREMIUM HAND CRUSHED TOMATOES

                                                                         HAND-PICKED BASIL

Food quality and forward thinking is what drives
our team. Whether it’s made-to-order or frozen,
our pizza is entirely handmade, chef-prepped, and                    CANADIAN FIOR DI LATTE
                                                                      OR FRESH MOZZARELLA
fired in our hand-built, made-in-Italy brick ovens.

                                                           100% NATURALLY LEAVENED DOUGH
- Curt Martin, Executive Chef at GA                       – NO PRESERVATIVES, NO ADDITIVES,
                                                                 AND NO COMMERCIAL YEAST
                                                           SIGNATURE “SOURDOUGH” CULTURE
                                                                   - NATURAL FERMENTATION
In 2017, GA Pizza was a fast-casual pizza
restaurant in the heart of Toronto, offering                           COLD-PRESSED EXTRA
                                                                           VIRGIN OLIVE OIL
neapolitan-style pizzas. In 2020, our Executive
Chef added a freezer-to-table pizza to our lineup.                        PROUDLY MADE IN
                                                                         TORONTO, ONTARIO

We’re always working to take pizza to new                    READY IN 5-7 MINS; PRE-BAKED IN
                                                           MARIO ACUNTO NAPOLI PIZZA OVEN
heights—from showing the world that better                                   AT 900 DEGREES

pizza is possible, to finding new spaces and places
                                                              SMALL FREEZER FOOTPRINT AND
to deliver unrivaled pizza experiences.                               LASTS UP TO 6 MONTHS

                                                     16
PRODUCT OFFERING
                                    MILA                               MAGIC GATHERING
     LOVING CUP                                                        Cremini Mushrooms,
     Made with All Natural          MARGHERITA                         Plant-based Mozzarella,
     Pepperoni, Mozzarella,         Made with
                                                                       Green Kale and Pumpkin
     Grana Padano and               Mozzarella, Grana
                                                                       Seed Parmesan
     Oregano                        Padano, and Basil
                                                                       Plant-based

                                                                       GREEN
     CHEESE WIZARD                 DOMINO EFFECT
                                   Made with Mozzarella,               MARGHERITA
     Made with Provolone,                                              Made with plant-based
     Mozzarella, Grana Padano,     Cremini Mushrooms,
                                   Jalapeno Peppers, Basil             Mozzarella, Pumpkin Seed
     Fior di Latte, and Pecorino                                       Parmesan and Fresh Basil
     Romano                        and Grana Padano
                                                                       Plant-based

     PLUSHROOM                      SWEET HEAT
     Cream, Cremini Mushrooms,
     Mozzarella, Grana Padano,
                                    Mozzarella, Hot Genoa
                                    Salami, Honey, Basil and
                                                               75% of GA Pizzas
     Truffle Sauce                   Hot Chili Peppers
                                                               are plant-based
                                                               or meat-free
                                   17
HOW WE STACK UP
Pizza lovers don’t have to compromise on quality just because it’s frozen.

  FEATURE                    EXPLAINED                                                                      GA PIZZA   BIG PIZZA

 (DOUGH) Par-baked           Partially baked 100% naturally leavened dough for a quick cook at home. No
 100% naturally leavened     additives, no preservatives—naturally lower in gluten

 (CHEESE)
 Locally sourced grass-fed   We only use locally sourced or Italian cheeses
 Mozzarella

 (SAUCE)                     We make our own sauce with California tomatoes
 Crushed by us

 Housemade                   Wholly owned production—no outsourcing or co-packers

 Tidy freezer footprint      Our 10 inch frozen pizzas have a surprisingly tidy freezer footprint leaving
                             room for all of your other goodies

 Cooktime                    GA Pizza Neapolitan-inspired pies are ready in just 5-7 minutes

 100% Divertible Packaging   We’re on the path to BPI certification and 100% divertible pizza packaging       COMING
                                                                                                              SOON

                                                                        18
PRESS & TESTIMONIALS

“
Now that's our kind
of meal prep.

                          “    General Assembly’s new
                               frozen line puts Dr.
                               Oetker to shame.
                                                         “ “ Enormously
                                                             Convenient.
                                                                                     The pizzas fit perfectly in a
                                                                                     toaster oven *and*
                                                                                     condo-sized freezer drawers,
                                                                                     perfect for the city dweller.

“
A smart choice for families
short on time and full of
picky eaters. Which is
basically every family we’ve
ever heard of.
                                “ In the past year, General
                                  Assembly Pizza has grown
                                  from a single wood-fired
                                  pizzeria on Adelaide to a
                                  burgeoning behemoth of the
                                  frozen pizza industry.
                                                               “ And then the lord said,
                                                                 “Let there be a pizza
                                                                 subscription service.”
                                                                                            “  Move over
                                                                                               Delissio.

                                                        19
PRESS & TESTIMONIALS (CONTINUED)

                     20
PROVEN MANAGEMENT

   Ali Khan Lalani                              Jeff Collins, CPA                                           Greg Pogue                                     Khaleed Juma
   Founder, CEO, Director                          Chief Financial Officer                              Chief Technology Officer                            Chief Marketing Officer

Ali has over 10 years of experience in upper   Jeff brings more than 20 years of                     Greg brings more than 30 years of technology    Khaleed is motivated by one thing —
management and franchise ownership. He         experience managing private and public                expertise to the Company including 13 years     solving problems, often architecting
began his career as one of the youngest        companies with extensive financial,                    of C-level experience across a number of        solutions at the intersection of Creativity,
franchisees in Swiss Chalet history, a chain   strategic, operational and transaction                industries including Finance,                   Commerce and Community. Prior to
run by Recipe Unlimited (TSX: RECP), at 26     experience in software, technology, and               Telecommunications, Supply Chain and            joining the GA team, Khaleed led the
years old. Ali turned both locations into      digital media industries. Prior to joining the        Digital Marketing. Greg has spent the last 13   Marketing Creative Team at Shopify (TSX:
corporate best practices and advised on        GA Team, he served as Chief Executive                 years of his career building systems and        SHOP), where he found his knack for
national media campaigns and franchise         Officer of Contobox, an advertising and                managing teams in the digital advertising       building and leading highly agile cross
restaurant designs. He is a certified Vera      marketing technology company, as well                 industry where he has a wealth of experience    functional teams. Khaleed served as VP
Pizza Napoletana (VPN) Pizzaiolo and a         and the Chief Financial Officer of Perk                working with companies such as Facebook,        Creative at Mosaic where he was
Certified Sommelier with the Court of           (TSX:PER) and Cyberplex (TSX:CX). Jeff                Google, Yahoo and Microsoft to name a few.      responsible for building omnichannel
Master Sommeliers. Ali completed a             holds a Bachelor of Business                          Greg holds a Bachelor of Mathematics degree     campaigns for clients such as ABINBev
Bachelor of Arts in Political Science at       Administration degree from Wilfrid Laurier            from the University of Waterloo in Waterloo,    (NYSE: BUD), Oracle (NYSE: ORCL), Bacardi,
Concordia University.                          University and the professional certification          Ontario, Canada.                                and Coca-Cola (NYSE: KO).
                                               of Chartered Professional Accountant.

                                                                                                21
BOARD OF DIRECTORS
                                                                                                                         STRATEGIC ADVISORS

                           Ted Hastings, CA                                          Ben Colabrese                                                   Amber Foucault
                           Chairman                                                  Director                                                        Head of Products
                                                                                                                                                     Drop

Ted has over 20 years of experience across management,     Ben is the Executive Vice President – Finance at The          Amber is Head of Products at Drop, a Series B funded
finance, accounting, and board advisor roles. He was most   Toronto Blue Jays, which is wholly owned by Rogers            consumer rewards platform. Her specialty is turning
recently Chief Executive Officer of RhythmOne (AIM:         Communications Inc (NYSE: RCI).                               divergent thinking into convergent action through
RTHM).                                                                                                                   execution.

                           Nicholas                                                 Nima Besharat,                                                   Nina Angelo
                           Reichenbach, MBA                                         LLB (Hons.), LLM                                                 VP Product Marketing
                           Director                                                 Director                                                         Top Hat

Nicholas is a seasoned entrepreneur who currently serves   Nima currently serves as Director, Global Investment          Nina Bilimoria Angelo is Vice President of Product
as Founder and Chief Executive Officer of Flow Alkaline     Banking at Gravitas Securities Inc., a leading independent,   Marketing and Strategy at Top Hat, a scale-up that is
Spring Water, a socially responsible water brand.          internationally owned and operated wealth management          transforming higher education using the power of
                                                           and capital markets firm.                                      technology.

                                                                                              22
CAPITALIZATION TABLE1
The Whole Pie:

49% Management Team Stake
The company’s directors, officers, employees, consultants, and early investors account for
49% of the issued and outstanding shares of the company.2

  SECURITIES                                                      TOTAL

  Common Shares                                                        22,348,744

  Stock Options                                                        1,915,000

  Advisory Warrant Units3                                              464,984

  Warrants                                                             13,869,774

  Broker Warrant Units4                                                377,652

  Total Common Shares
  on a fully-diluted basis                                             39,397,472

        1. All figures are presented as of May 13, 2021, the date of the final non-offering prospectus of the Company. A copy of which can be found on the Company's profile at www.sedar.com
        2. Based on a fully diluted common share count of 39,397,472
        2. Advisory Warrants: 697,476 Common Shares issuable upon exercise of 464,984 Advisory Warrants and the Warrants underlying such Advisory Warrants
        3. Broker Warrants: 566,478 Common Shares issuable upon exercise of 377,652 Broker Warrants and the Warrants underlying such Broker Warrants

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WHY INVEST
THERE’S A NEW WORLD OF FROZEN PIZZA ON THE HORIZON.
GA PIZZA’S WILL GET THERE FIRST WITH:

                                            2
                                       Poised to scale
                                     nationally with the
                                     development of a
                                     master production
                                        facility in Q3

             1                                                       3
     World’s first pizza                                    Premium freezer-to-table
       subscription:                                           product ushers in
      a hypergrowth                                               new era of
                                                              better frozen pizza,
     story that is only                                          aligned with
        beginning                                              consumer trends
THANK YOU
             For more information please contact:

             invest@gapizza.com
(TSXV: GA)   invest.gapizza.com
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