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True Flood Risk

AI-driven property risk management platform that provides property level data, location intelligence, flood & financial risk exposure scores.

When every inch matters . Confidential and Proprietary. 1 Copyright (c) 2020 by TrueFloodRisk.com and Think GeoHazards, Inc. All Rights Reserved.

Roof Pitch Structure Type Global financial resilience starts with individual property level data # of stories True Flood Risk is an AI-driven property risk management platform that provides accurate, affordable & instant property level data, location intelligence, flood & financial risk exposure scores. We help insurers, banks, property owners and risk mitigation experts understand the financial impact of flood risk on an individual property or community/portfolio level basis in order for them to make actionable, real-time business decisions. Structural Height/FFH/FFE Basement Confidential and Proprietary. 2 Copyright (c) 2020 by TrueFloodRisk.com and Think GeoHazards, Inc. All Rights Reserved.

Roof Pitch Structure Type The tech: Proprietary machine-learning algorithms, computer vision & augmented reality solutions Image source: Street view photos uploaded by users or licensed imagery # of stories Point of differentiation: First to market and only global API to calculate structural height, also referred to as first floor elevation (FFE) or first floor height (FFH) Other property features/solutions: P resence of a basement, roof pitch, structure type, # of stories, proprietary flood risk scores & financial risk exposure scores Flexible integration & delivery: Little to no IT integration required, results delivered in real-time, eliminating the need for an on-site property Structural inspection Height/FFH/FFE Basement Property types Residential & small to medium sized commercial properties Geographic coverage 100+ countries, global data for over 250M properties Confidential and Proprietary. 3 Copyright (c) 2020 by TrueFloodRisk.com and Think GeoHazards, Inc. All Rights Reserved.

Can True Flood Risk’s First Floor Height (FFH) Estimator Yes. Help Identify Global Flood Risk? FFH FFH -3ft +3 ft Example NFIP flood insurance US$3,940/annual premium US$564/annual premium US$189/annual premium premium for $150,000 single family property True Flood Risk defines FFH as the distance between the ground and the lowest finished floor level of a building that is either entirely at or above the ground. Combined with flood zone, FFH is the key indicator of property level flood risk and ultimately will drive flood insurance premiums. True Flood Risk solutions enrich current tools such as flood models to add much needed granularity helping insurers, asset managers & others identify properties at risk. Confidential and Proprietary. 4 Copyright (c) 2020 by TrueFloodRisk.com and Think GeoHazards, Inc. All Rights Reserved.

The Solution: Free Property Level Flood Risk Report for Consumers (Homeowners) Desktop & Mobile Solutions Augmented Reality Mobile App Confidential and Proprietary. 5 Copyright (c) 2020 by TrueFloodRisk.com and Think GeoHazards, Inc. All Rights Reserved.

The Solution: Real-time Portfolio Monitoring Risk Tools for Insurance, REITs & Asset Capital Markets As weather events change directions & intensity, True Flood Risk helps clients forecast and monitor the financial impact on portfolio values at risk with different expected levels of flooding, such as 2 in, 4 in, ½ ft, 1 ft & 2 ft. Portfolio Acquisition Pre-Event Risk Mitigation/ Risk Pool Due Diligence Claims Excellence Portfolio Risk Composite Risk Scores Management Monitoring Confidential and Proprietary. 6 Copyright (c) 2020 by TrueFloodRisk.com and Think GeoHazards, Inc. All Rights Reserved.

The Solution: Additional Ways Insurers Utilize Data 1. Portfolio review: Analyze current properties—assess potential existing customer fit for flood insurance 2. Accelerated underwriting: Optimize pricing models, risk selection 3. Digital experience: Expedite & prefill online flood insurance applications with known property data, reduce application drop off rates when property level data is requested 4. Pre-event risk mitigation, claims excellence: Utilize insights to notify customers of potential flooding, move high value assets to higher ground, reduce values at risk 5. Prospecting: Identify properties and curate a highly targeted list of potential customers based on specific risk profile 6. Portfolio risk management: Identify and visualize property values at risk before & during an incoming weather event Confidential and Proprietary. 7 Copyright (c) 2020 by TrueFloodRisk.com and Think GeoHazards, Inc. All Rights Reserved.

Business Model “Free- DaaS Enterprise Lead mium” Licenses Generation Consumers, real estate Data as a Service (DaaS) Enterprise license MGA Marketing services investors & professionals Confidential and Proprietary. Copyright (c) 2020 by TrueFloodRisk.com and Think GeoHazards, Inc. All Rights Reserved.

Market Size Value of global real estate market Annual global economic loss due to flooding Annual global location intelligence market size $228 True Flood Risk Trillion Estimated Market Share: ≈0.5% Value of True Flood Risk (2019) $32B/ Revenue Potential: $90M/Yr Data Insights each year $10.6B/ Year $50.4M/Yr (2019) Prospecting-Curated Lists + Success fees $1B $15.3M/Yr each year Portfolio Monitoring Services $24.3M/Yr Global Property Data Estimate based on average sales per transaction- Source: Client Proof of Concept 2019-2020 source: Savills World 30 year average loss source: Grand View property data & research reports, portfolio monitoring comparison analysis studying how FFH Research (2019) source EM-Data Research (2020) would impact flood premiums & actual and lead generation success fees claims losses extrapolated to global market

Our Team Shelly Klose Dr. Beate Liepert George Lekovic Casey Mohan Paul Hearn Founder/CEO CTO & Contributing Director, UX Head of Sales Advisor Advertising, marketing, Scientist on IPCC Report, UX design, user experience, Sales lead, former broadcast Former Managing Director strategy, data science, awarded Nobel Peace Prize augmented reality sales & consultant Aon, 30+ years industry published author (2007) Climate change, GIS, experience Professor-physics, optics Confidential and Proprietary. 10 Copyright (c) 2020by TrueFloodRisk.comand Think GeoHazards, Inc. All Rights Reserved.

Problem: Why FFE Matters Timeline & Traction Then Now October 28-November 2, 2012 • Superstorm Sandy strikes Jersey Shore 2020 • B2C: 25,000 free property reports to date 2013-2018 • B2B: 15 fee based clients, distribution partners • Early fieldwork & R&D • Participant in Zurich Innovation Championship, North • Bootstrapped by founder American region • Launched free B2C solution (Fall 2017) • Selected to the 2020 Accenture Fintech Lab (New York)-2 • Launched B2B enterprise version (Fall 2018) completed POCs, 2 pending 2019 2020+Road Map • Added new features, risk scores & global API • Continue to form strategic partnerships with insurers and • Awards & Recognition: expand distribution channel with third party data providers -Hartford Pitch Night 4 Fall 2020 • -initial fundraising/seed round to scale global flood -SVIA Tech Summit risk solutions + expand platform to include early R&D -Insurtech Hartford Symposium (3 awards) solutions for storm & wildfire risk, customize solution for • Top 3 finalist in the 2019 Insuretech Connect & I.I.I. APAC based clients global Resiliency Innovation Challenge Confidential and Proprietary. 11 Copyright (c) 2020by TrueFloodRisk.comand Think GeoHazards, Inc. All Rights Reserved.

…with special gratitude …with special gratitude Confidential and Proprietary. 12 Copyright (c) 2020by TrueFloodRisk.comand Think GeoHazards, Inc. All Rights Reserved.

Contact Shelly Bogetich Klose Founder/CEO +1-916-501-5950 [email protected] www.truefloodrisk.com Legal notice Think Geohazards, Inc., dba True Flood Risk, is not an engineering, land survey, architecture firm, insurance company, insurance agency, underwriter, actuary, lender, mortgage broker, underwriter, loan processor or originator and is not offering legal, investment, lending, insurance, engineering, construction or architectural services of any kind in any state, province, territory or country. True Flood Risk is not a substitute for a licensed land surveyor, engineer, architect, bank, mortgage lender, contractor, insurer, or any other type of entity described herein. Property data insights should be considered directional in nature and True Flood Risk assumes and takes no responsibility for any action, result, or consequence related directly or indirectly to the use of any solutions delivered to Confidential and Proprietary. the End User. 13 Copyright (c) 2020by TrueFloodRisk.comand Think GeoHazards, Inc. All Rights Reserved.

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