EXHIBIT 99.1
Published on July 14, 2022
Exhibit 99.1
Company Presentation JU LY 2022
Cautionary Statement Factors that might cause such a difference include, but are not limited to: the
impact of the COVID-19 pandemic on the health and safety of our employees, users, as well as the physical and economic impacts of the various recommendations, orders, and protocols issued by local and national govern- mental agencies in light
of continual evolution of the pandemic, including any periodic reimplementation of preventative measures in various global locations; unexpected or rapid changes in the growth or decline of our domestic and/or international markets; the
anticipated timeline or may themselves contain bugs or errors requiring remediation and that the market for the sale of these new or enhanced products may not develop as expected; difficulties predicting user behavior and changes in user
spending habits as a result of, among other things, prevailing economic conditions, levels of This presentation contains forward-looking statements that are based on our beliefs and assumptions and on information currently available to us as
of the date hereof. In some cases, you can identify forward-looking statements by the following words: “will,” “expect,” “would,” “intend,” “believe,” or other comparable terminology. Forward-looking statements in this pre- sentation include,
but are not limited to, quotations from management regarding confidence in our products, services, business trajectory and plans, certain business metrics, including anticipated revenues and net income for the year and, in particular, through
the second quarter of 2022, and the timing, means and amount of anticipated stock repurchases. These statements involve risks, uncertainties, assumptions and other factors that are difficult to predict and may cause actual results or
performance to be materially and adversely different. More information on the factors, risks and uncertainties that could cause or contribute to such differences is included in our filings with the Securities and Exchange Commission, including
in the “Risk Factors” and “Management’s Discussion & Analysis” sections of our offering statement on Form 1-A. We cannot assure you that the forward-looking statements will prove to be accurate. These forward-looking statements speak only
as of the date hereof. We disclaim any obligation to update these forward-looking statements. employment, salaries and wages, inflation and consumer confidence, particularly in light of the pandemic and as pandemic-related restrictions are
eased regionally and globally; unexpected or rapid changes in the growth or decline of our domestic and/or international markets; increasing competition from existing and new competitors; rapidly evolving and groundbreaking advances that
fundamentally alter the digital asset and cryptocurrency industry; continued compliance with regulatory requirements; volatility in the price of cryptocurrencies such as Bitcoin and other digital assets • the possibility that the
development and release of new products or and enhancements to existing products do not proceed in accordance with the anticipated timeline or may themselves contain bugs or errors requiring remediation and that the market for the sale of
these new or enhanced products may not develop as expected; the risks relating to our ability to sustain or increase profitability or revenue growth in future periods (or minimize declines) while controlling expenses; the compromise of user
data for any reason foreign, operational or political risks relating to our operations; and the loss of key personnel, labor shortages or work stoppages.
Exodus makes cryptocurrency, DeFi, and NFTs easy and secure for everyone Exodus is a self-custodial
platform that acts as the home base for all of a customer’s crypto needs – from HODLing to DeFi. Our intuitive design and industry-leading customer support ensures everyone can fully experience everything that cryptocurrency has to offer:
mobile, desktop, and browser extension. Founded in 2015 300+ Supported crypto assets 290+ Full-time equivalent employees $80M+ Cash and crypto on hand 2.7M Funded wallets 24/7 Human support 200+ Countries supported
20 5 80 Exodus Evolution YEA R- O VER- YEAR desktop Founded Family Exchange added on
platform app released Partners Released Q4 Jul 2016 Q1 2017 Q3/4 2018 Q1 2019 Q1 2020 Q1 Q2 2021 Q1 2022 2015 Exodus Mobile app Compound 2021 200+ Assets Movement, Raised $250k Released Finance & Raised
$75 Custom Tokens; Exodus Inc. Officially Friends and 4x 50+ assets SportX Shares million under ExoDex; Reg A Wallet Connect Raise Product Company Q3 2016 Q4 2017 Q1 2018 Q1/2 2019 Q3 2019 Q2
2020 Q4 2021 Q1 2022 Q1 2022 Raised $300k Achieved Enterprise Expansion of Apps platform Rewards app FTX Fiat On Ramp Web3 BnktotheFuture Profitability Grade the
Leadership Released Released Integration Released Browser Infrastructure Upgrades Team Staking Available Extension Released 60 220 280
Monthly Active Users ($ IN MILLIONS ) Total Exchange Volume 108,199 Q4 2019 148.882 Q1
2020 148,587 Q2 2020 198,400 Q3 2020 265,377 Q4 2020 745,012 Q1 2021 832,384 Q2 2021 902,986 Q3 2021 914,912 Q4 2021 874,355 Q1 2022 817,972 Q2 2022 83 Q4 2019 156 Q1 2020 186 Q2 2020 336 Q3 2020 385 Q4
2020 1,426 Q1 2021 1,632 Q2 2021 1,026 Q3 2021 1,390 Q4 2021 730 Q1 2022 700 Q2 2022 202 207 104 53 37 447 943 498 323 703 523 543 1,089 372 1,054 95 385 336 186 118 20 63 US Volume ($M) International Volume
($M) Impressive Company Metrics
($ IN MILLIONS ) Annual Revenue ($ IN MILLIONS ) Gross Profit $ 7.9 $ 21.3 $ 95.8 $ 1.3 $ 12.5 $
74.8 2019 2020 2021 2019 2020 2021 Robust Growth IN MILLIONS $ (Q2 2022 ARE PRELIM)
Key Differentiators Current response time is under 9 minutes to human support 1/3 Intuitive
design 2/3 Customer Success 3/3 Self Custodial The speed of centralized crypto exchanges without the risk or rules of third party custody Private keys are only stored on users’ devices to ensure only the account owner has
access Custodial Subject to Bankruptcy Risk Yes No Company Controls Assets Yes No
Visionary leadership Chief Financial Officer James Gernetzke Partnering to grow business is in James’
DNA. Previously CFO of Banyan Medical Systems and Director of Finance at First Data (Fiserv), he is a CPA and received his MBA from Kellogg at Northwestern. VP Product Phil Haymes Phil brings in a wealth of experience in product management
to Exodus. With over 18 years of experience, he excels at setting up high performance teams that deliver successful products across the board. Chief Technology Officer Matias Olivera He joined Exodus in December 2019 and immediately made a
huge impact in his multiple roles as a technical lead and then most recently as an engineering manager. He recently moved into the role of CTO to help the company to continue to grow in the world of Web3 Head DevSecOps John Staker Being one
of the first employees added to the company, John is a true OG. With close to 5 years of experience at Exodus, he managed to set up a secure, yet harmonious integration between our Development, Security and Operations teams. Chief People
Officer Sabrina Grissom Our very own “Yoda of Crypto HR” Sabrina makes sure our global remote team has everything they need to thrive. She comes to Exodus after leading US talent for eToro and Senior HR positions at Noble Markets, Voxy &
ZocDoc. Chief Legal Officer Veronica McGregor Veronica brings over 20 years experience as legal counsel to fast-growing companies in the crypto space. Recently she served as Chief Legal Officer at Shapeshift. Veronica received her JD from
the University of California. VP Community Support Shoshi Yam Zanmei Community engagement is one of the things that sets us apart in a crowded field, and Shoshi leads our fanatical support team. Previously, she worked as a consultant
providing turnkey services to Ethereum based projects. Co-Founder and CEO JP Richardson JP’s passion for cryptocurrency and belief in a better financial system set the stage for found- ing Exodus with Daniel. He continues to set our company
vision and values and keeps us all on mission. Co-Founder and President Daniel Castagnoli From subtle sounds to smooth animations, Daniel and his team take care of each detail. He is a master of emotional design and has designed experiences
for Apple, BMW, Disney, Louis Vuitton, and Nike. 8 VP Engineering Sean Coonce A true Crypto wizard, Sean leads our engineering teams and ensures that we have industry leading technology at the hear of our product. He comes to Exodus from
c|net, WhiskeyMedia, Guidebook and BitGo.
($ IN MILLIONS ) Cash and Digital assets Capital Structure Strong Balance Sheet AS OF MARCH 31, 2022
US Dollar Coin (USDC) and US Dollar (USD) 51.9 US$ ~$123 MILLION * Ethereum (ETH) 8.3 US$ Algorand (ALGO) 3.7 US$ Bitcoin (BTC) 59.2 US$ *Based on market value Total Shares O/S 25.2 Class A
(Publicly-Traded) 3.1 FTX 1.9 Class B (10:1 Voting Rights) 22.1 Co-Founders 18.8 Bnk to the Future 1.2 Shapeshift 1.0 Equity Incentive Plans 5.2 Issued and O/S 2.7 Authorized 2.5 Fully Diluted Shares O/S 30.4
Catalysts & Takeaways from 1Q 2022 Next chapter in Exodus evolution with the multi-chain,
multi-asset Browser Extension. Ethereum support released on June 10th 10 We have over $80 million in available liquidity New logo represents a full embrace of our focus on Web3 MAUs remain strong and were +11% YoY We have seen strong
volume with our partnership with Ramp and MoonPay, adding more on-ramp partnerships. “Not your keys, not your coins” remains our mantra and our valued differentiator from our competitors 1/6 Browser extension released on May 17 4/6 Balance
sheet remains strong 2/6 New logo 5/6 User loyalty offset quiet quarter 3/6 Successful Fiat on-ramp 6/6 Beauty of self- custody
2022 vision is to be the go-to app for all things Web3
Thank you.