Investor Presentation October | 2019 Forward-looking Statements - - PowerPoint PPT Presentation

Investor Presentation

October | 2019

GLOBAL DEFENSE SOLUTIONS TSXV: MRS

MILITARY | LAW ENFORCEMENT | FIRST RESPONDERS

Forward-looking Statements

This presentation contains "forward-looking information" within the meaning of applicable Canadian and US securities

• legislation. Generally, forward-looking information can be identified

by the use of forward-looking terminology such as "anticipate", "believe", "plan", "expect", "intend", "estimate", "forecast", "project", "budget", "schedule", "may", "will", "could", "might", "should" or variations of such words or similar words or

• expressions. Forward-looking information is based on reasonable

assumptions that have been made by Mission Ready Solutions

• Inc. as at the date of such information and is subject to known and

unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Mission Ready Solutions Inc. to be materially different from those expressed or implied by such forward-looking information.

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Forward-looking statements are based on assumptions management believes to be reasonable. Although Mission Ready Solutions Inc. has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or

• intended. There can be no assurance that such information will

prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward looking information. Mission Ready Solutions Inc. does not undertake to update any forward-looking information that is included herein, except in accordance with applicable securities laws.

MRS Snapshot

3 Upcoming SOE

Contract Renewal Ceiling

USD $33 BILLION Publicly Traded on the

TSX Venture Exchange

TSXV | MRS

11 PRIVILEGED CONTRACTS | 500 VENDOR RELATIONSHIPS | 1.5 MILLION PRODUCTS GOVERNMENT CONTRACTING | MANUFACTURING & DISTRIBUTION | COMMERCIAL SALES

Value of Recent Contract Awards

~CAD $75 MILLION

Transformational Transaction

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Founded in 1987, UNIFIRE is a specialized solutions provider to the US Defense Logistics Agency ("DLA"), and 1 of 6 companies worldwide that is authorized to provide equipment and designated services under the multi billion-dollar Tailored Logistics Support ("TLS") Special Operations Equipment ("SOE") program. As an incumbent awardee of DLA's Special Operations Equipment ("SOE") contract, with extensive knowledge and experience in providing solutions to the US Federal Government, UNIFIRE utilizes its highly-efficient and scalable technology infrastructure to provide procurement solutions for program managers, military and federal contracting offices, base supply centers, and other governmental supply agencies. April 23, 2019

MISSION READY ANNOUNCES ACQUISITION OF UNIFIRE

ACCESS TO 11 CONTRACTS WITH A COMBINED VALUE OF

~USD $11 BILLION

Operating History Pre-dates 9/11

Company expertise has been utilized in every disaster and major US military

• peration over the last 20 plus years

TLS SOE Contract

Provides special operational equipment, marine lifesaving and diving equipment, tactical gear, safety equipment, search and rescue equipment, personal protection gear, flight deck and flight crew safety items, and explosive

• rdnance equipment

Enables customers to order commercial, off-the-shelf part numbered items within the scope of the program

Current Bridge Contract: 1-year, up to USD $4 Billion Upcoming Renewal: 10-year, up to $33 Billion

Hundreds of Competing Bids Submitted for SOE Contract

Unifire is 1 of 6 Prime Vendors Authorized to Perform on the DLA¹ TLS² ("SOE³") Contract

SOE Prime Vendor

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1 Defense Logistics Agency ("DLA”) 2 Tailored Logistics Support ("TLS") 3 Special Operations Equipment ("SOE")

Total of 6 Awardees Selected

Enormous advantage when contracting with the United States Department of Defense (DoD) Congress mandates that a percentage of the total value of all prime contract awards be set aside for small

• business. DoD also awards subcontracting spending to

small businesses Having a designation of Small Business in the eyes of the DoD moves Unifire up the rankings when considering contract awards

Unifire – Designated Small Business Status

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33% Small Business Sub Contracting Goals 22% Small Business Prime Contracting Goals

Acquisition Benefits

Gain access to valuable privileged contracts

• Recently received USD $4 Billion bridge

contract in advance of the upcoming 10-year renewal for up to USD$33 billion Secured Capital Facilities - Access to Scalable Operating Capital Lines

• Immediate availability of USD $20 Million
• Purchase order and factoring credit mechanisms

Expanded response capacity can maximize the contract awards More competitive amongst 5 remaining contract holders

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Redirected corporate focus

Focused on growing and expanding the Unifire-based sales channels

Reinvigorated vendor relations

Strengthening vendor relationships to better address needs

Expanded senior level staff

Expanding sales team to grow revenues over next 24 months

Sales teams arranged by customer segment and work closely with applicable product divisions

Building sales silos

Strategic Direction

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PRODUCTS, MARKETING, SALES AND DISTRIBUTION

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Commercial

PRODUCTS | MARKETING | SALES AND DISTRIBUTION

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Contracts Explained – Review of DLA’s TLS Program

The TLS Program allows the U.S. Military, U.S. Federal Agencies, and

• ther authorized customers to order brand specific, commercial off-the-shelf

part-numbered items through DLA Prime Vendors.

The 6 Prime Vendors are eligible to participate in the SOE contract. When a request is submitted for a specific product, DLA will contact the 6 Prime vendors who will request a price quote from the manufacturers in their respective networks before responding back to the DLA with their best price and lead time. This allows the end- user to benefit from the Prime vendor’s pre-established relationships and secure favorable pricing. The Special Operational Equipment (SOE) Program facilitated by the DLA through the TLS Program, enables customers to order commercial, off-the-shelf part numbered items within the scope of the contract. Since multiple vendors are solicited for prices, customers benefit from a competitive business model that will ensure the best value for the customer.

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Contracts Explained – Order Flow – Win Mechanism

Customer places an order with the DLA DLA pre-approves order and obligates funds ► Sends Request for Quotation (RFQ) to each of the 6 Prime Vendors Prime vendor’s obtain pricing and lead times from their manufacturer(s) ► Respond to RFQ DLA reviews RFQ responses ► Select the winner ► Deliver the winning bid to the customer for approval Customer approves the winning bid DLA forwards customer information to winning bidder for order processing Prime vendor processes the order ► Remits payment per specified terms ► Co-ordinates delivery Past Performance – On-time deliveries and fill rate - DLA expects 90% (Unifire had a 98% on last Ellis report) Vendor Competitiveness and Participation - Must quote on 90% of RFQ’s (Unifire had a 96.75% on last Ellis report)

What Matters most to DLA to Deliver Winning Bid?

Market Opportunities

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Access to vast Federal and DoD markets for in-house and partner product sales through extensive vendor network With the acquisition of Unifire, MRS is no longer limited by its in-house product portfolio

Strategic Relationships

The Company interfaces with government agencies and development labs working on requirement-based initiatives to identify new and improved sales opportunities

Cornell University – Textiles Nanotechnology Lab MIT – AeroAstro Department MIT – Electrical Engineering Department North Carolina State University – Textile Protection and Comfort Center Florida State University – Product Development Department Texas A&M Engineering Extension Service (TEEX) - Product Development Center University of Massachusetts – Photovoltaic Textiles

ACADEMIA

Office of Naval Research DHS – First-Responder Technologies Natick Soldier Research Development and Engineering Center (NSRDEC) Program Executive Office – Soldier USMC – Program Manager Infantry Clothing Equipment Special Operations Command NATO – Combat Clothing Committee

GOVERNMENT

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Major Customers

DEPARTMENT OF DEFENSE UNITED STATES ARMY UNITED STATES NAVY UNITED STATES MARINES UNITED STATES AIR FORCE US DEPARTMENT OF HOMELAND SECURITY NORTH ATLANTIC TREATY ORGANIZATION LAW ENFORCEMENT AGENCIES FIRE DEPARTMENT AGENCIES FOREIGN MILITARY SALES

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Major Contracts

Currently participates in $4B bridge contract in advance

• f the upcoming renewal contract representing US$33B over 10 years

IDIQ (Indefinite Delivery Indefinite Quantity) National Security Agency BPA (Blanket Purchase Agreement) West Point Fire (Army) W912EF-15-Q-0058 BPA (Blanket Purchase Agreement) Army Corps of Engineers W912DW-14-A-6037 BPA (Blanket Purchase Agreement) Army Corps of Engineers W911SD-17A-0010 GSA Schedule 84 Police, Fire & Tactical GSA Schedule 78 Outdoor Parks & Recreation GSA Schedule 51V Hardware Super Store DLA Fire & Emergency Support Equipment DLA Special Operations Equipment SOE/TLS (Prime Vendor Contract) DLA Troop Support Clothing & Textile DLA Commercial Off The Shelf (COTS) DLA Wildland Fire Fighting DLA - 3 Administration Contracts under SOE

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Segmented Business Units

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Manufacturing and sourcing of thousands

• f products across

multiple categories Designated Small Business competing for Government projects Highly skilled team dedicated to researching, building and delivering innovative products for commercial sale and Distribution Growing sales team has extensive operating and Commercialization expertise with deep connections across the industry including international distributors

MANUFACTURING GOVERNMENT CONTRACTING SOLUTIONS INNOVATIONS COMMERCIAL SALES Location:

Florida Washington State Virginia DC

Location:

Washington State Tennessee

Location:

Massachusetts

Location:

Nationwide

Path To Market

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All paths supported by current contracts!

INTERNATIONAL MILITARY / LAW ENFORCEMENT

• Marketing personnel work with strategic advisors and distributors with

focus on sales in Europe, Middle East and Asia

• MRS maintains significant in country distributors focused on sales into

specific government agencies

US MILITARY/DOD

• Senior management located in the Virginia area provide documentation and

programmatic support to all levels of the DoD purchasing process

• Access to user community across all Services (USMC, Army, Navy, Air

Force, DHS, NGB, BP)

• Building political support

US LAW ENFORCEMENT & HOMELAND SECURITY & US FIRST RESPONDERS

• Internal salespeople with established relationships with dealers and

distributors building a strong and effective presence across CONUS (48 contiguous states within US) and OCONUS (outside continental US) with domestic dealers and distribution

US Military International Military US Law Enforcement

Strategic Growth Plan

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04 02 01 03

Creating DLA, DoD and DHS resource hub for all contracts to accelerate supply chain management and enhance customer relationships Strengthening the Sales Team Immediate Target 4 New Sales Managers 8 New Sales Reps 12-Month Target 33 Sales Reps 14 Customer Relations Reps Participating actively in industry trade shows to increase visibility and position MRS as a leading voice in the industry (SOFIC, AUSA, SHOT, FDIC) New sales presence in Virginia & DC to leverage customer/ supplier relationships and streamline operations

Leadership

Jeffery Schwartz Francisco Martinez Terry Nixon

President & CEO | Director Chief Technology Officer Chief Compliance Officer

• Mr. Schwartz has served in director

level positions for both privately held and publicly-traded companies, most recently as President of LC Industries, a $380M manufacturing and distribution business that grew from $50M during his tenure. With a strong focus

• n

new business development and team building, Mr. Schwartz has developed several companies within the tactical armor industry and has a history

• f

achievements in elevating similar- stage companies to great success in the defense industry.

Dong Shim

Chief Financial Officer

Dong H. Shim is a member of the Chartered Professional Accountants

• f

British Columbia and a Certified Public Accountant registered in the State of Illinois, United States.

• Mr. Shim has served as an audit

partner

• n

numerous audit engagements with a mid-size firm located in Vancouver, British Columbia, where he audited various publicly traded companies, primarily focusing on junior mining,

• il and gas, pharmaceutical, and

high-tech industries. As an audit partner, Mr. Shim also assisted various start-up companies in achieving public listings on the TSX Venture Exchange, Canadian Securities Exchange and the OTC Market.

Marcus Treiber

Chief Operating Officer

• Mr. Treiber, an industry veteran

with over 20 years experience in the US armor and protection markets, is a former U.S. Marine and Project Officer for the United States Marine Corps. After his service, he joined Protective Products International as sales and marketing manager where he improved revenues by over 500% and personally executed the largest body armor contract in the history

• f the U.S. Marine Corps.

Mr. Treiber was a founder

• f

Renegade Armor and served as Chief Operating Officer, growing that company from start-up to over $17M in annual sales before accepting a buy-out

• ffer

from Propper International. Francisco Martinez was a leading Product Development Engineer and Project Officer at the United States Army Natick Soldier Research, Development & Engineering Center in Natick, Massachusetts (2004/2009). Mr. Martinez has led the development

• f an unprecedented number of

new, lifesaving products for the US Army and the Special Operation Forces in support

• f

Operation Iraqi Freedom and Operation Enduring Freedom. Mr. Martinez was the Chief Technology Officer and co-founder

• f Protect The Force, LLC before

Protect The Force, LLC’s assets were purchased by Protect The Force Inc., a wholly-owned subsidiary

• f

Mission Ready Solutions Inc. Terry Nixon co-founded Mission Ready in 2011 and served as it’s Corporate Communications Director until July 2018 when he was appointed to the position of Chief Compliance Officer. Mr. Nixon brings an impressive history

• f

C-level executive leadership experience to Mission Ready along with an intimate understanding of capital markets, regulatory compliance and public company administration. Prior to Mission Ready, Mr. Nixon served as the Chief Financial Officer of a junior exploration company listed on the TSX Venture Exchange. Mr. Nixon’s investment industry connections – including an extensive network of affluent private and institutional investors – have been instrumental in securing capital for the Company since its inception.

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Summary

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In Summary

Mission Ready aims to deliver revenue and profit growth, improve returns to shareholders and enhance the service provided to its customers Performing on Current USD $4 Billion TLS SOE Bridge Contract Sales-driven organization focused on growth in the military, first-responder and law enforcement markets Aggressive sales and growth plans in place and being executed upon successfully Access to 11 government contracts valued at ~USD 11 Billion Selling and manufacturing millions of SKU's to thousands

• f customers worldwide

Active order pipeline demonstrating success by winning contracts every week

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~CAD $75 Million in contract awards Prime Vendor on USD $4 Billion TLS SOE Contract Access to 11 freestanding government contracts, valued at ~USD $11 Billion

SNAPSHOT

USD 4B USD 11B

~CAD $75M

Key Takeaways

1 of 6 authorized TLS contract holders Primed for sales growth Growing business in depth and versatility

Increased customer base (entire Federal and DoD budget)

Talented and experienced sector-specific team Active pipeline

• f new contracts

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Capital Market Profile

TSXV: MRS Ticker symbol

173,920,974 $0.32/$0.17 ~$0.20 ~$34M 16,547,368 25,175,000 ~10% 215,643,342 Issued & outstanding shares 52 Week High/Low Recent Trading Price Market capitalization Warrants Options Closely Held/Insider Ownership Fully Diluted

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Contacts

Mission Ready Solutions Inc. 804 - 750 West Pender Street, Vancouver, B.C. V6C 2T7 T: +1 877.479.7778 www.MRSCorp.com | Info@MRSCorp.com T: +1 877.479.7778 - Ext 5 E: IR@MRSCorp.com

Corporate Office Investor Relations 24