Digirad : Investor Fact Sheet June 2020

June 2020

Creating stockholder value through operating excellence, internal growth investments, and acquisitions

Common Stock: (Nasdaq: DRAD)

4.3 million shares as of 5/31/20

Series A Preferred Stock (Nasdaq: DRADP)

1.92 million shares as of 3/31/20 10% annual cash dividend

• •Transformed into a diversified holding company("HoldCo")through the acquisition of ATRM Holdings as the initial"kick-off"transaction for HoldCo

• •ATRM acquisition closed on 9/10/2019; tax-efficient Series A 10% Preferred stock

  (non-convertible) issued as consideration in the transaction

• •HoldCo structure: separate business divisions with shared corporate functions

• •In May 2020, completed a $5.5 million public offering; proceeds to finance growth

Digirad Corporation has three business divisions:

Diagnostic Imaging

Designs, manufactures, and sells proprietary solid-state mobile cameras for hospitals and physiciansServices existing installed base

Digirad-branded cameras

Healthcare

Across the USA

DiagnosticServices

Offers mobile imaging services to medical providers in their facilities

Mainly Digirad-branded cameras

Mobile Healthcare

Provides mobile diagnostic imaging including CT, MRI, PET, PET/CT, andnuclear medicineand healthcare expertise

Non Digirad-branded cameras

Minneapolis-area

Maine/New England

Designs and manufactures wall panels and engineered wood products

Designs and manufactures modular housing unitsCommercial and residential projectsDistributes building materials and operates a professional lumber yard and showroom

Commercial and residential projects

Strategic investments could be made in potential acquisition targets for HoldCo

Owns and manages real estate assets ofHoldCo'soperatingcompanies

Future acquisition targets could have underappreciated real estate assets

HoldCo Business Divisions and Corporate Structure

HoldCo MANAGEMENT

Chairman (Jeff Eberwein) COO/CFO (David Noble)

Board of Directors

• •Capital Allocation

• •Strategic Leadership

• •Assist Operating CEOs

• •Restructurings & Turnarounds

• •Mergers, Acquisitions, & Dispositions

• •Bank Relationships

• •Capital Markets

• •Investor Relations

• •Financial Reporting, FP&A

• •Manage Corporate Costs

• •Manage Real Estate & Investments

Real Estate & Investments

Benefits of HoldCo Structure:

• •Improved revenue, cash flow, andearnings due to stronger growth,cost savings, and other efficiencies

• •Optimized capital allocation to maximize ROIC and ROE over the long term

• •Operating CEOs focused on operations and growth rather than on corporate functions

• •Platform for future bolt-onacquisitions and other growth opportunities

Investment Highlights

FY 2019 Highlights(vs. FY 2018)

$114.2M

Revenue+9.6%

$7.7M

Adjusted EBITDA(1)+29.2%

$22.1M

Gross Profit+21.0%

$3.0M

Free Cash Flow(1)vs $5.0M

Tax Asset

$91.6M

NOL(2)

@ 12/31/2019

Contacts

• (1) This presents non-GAAP financial measures. A discussion of the reasons why management believes that the presentation of non-GAAP financial measures provides useful information to investorsregarding Digirad's financialcondition and results of operations is included as Exhibit 99.2(with a reconciliation included in Exhibit 99.1)to Digirad'sreport on Form 8-K filed with the Securities and Exchange Commission on March 6, 2020 and May 15, 2020, respectively.

• (2) Net operating loss carryforward can be used to offset US taxable income from any source.

Digirad CorporationJeffrey E. Eberwein Chairman of the [e-mail]

Investor RelationsThe Equity Group Inc. Lena Cati 212-836-9611 /[e-mail]

Growth Strategy

Healthcare

• •Expand geographic and client footprint for higher margin segments such as camera sales and mobile scanning services

Building & Construction

• •In discussions for several new commercial construction projects to be built in 2020 in the New England area that could lead to:

  Real Estate & Investment

  • •Completed a financing via commercial mortgages for its three plants with proceeds used to fund working capital requirements for Building & Construction division

  • oIncreased utilization rate at factory in South Paris, ME

  • oOpening of an idle facility in Oxford, ME

Financing Growth Strategy

Recently completed a$5.5 million public offeringissuing

• •2,450,000 common stockat a price of$2.25/share, and

• •Warrants to purchase common stockup to a total of 1,225,000 shares

Proceeds to fund ….

AcquisitionsSeeking attractive acquisition opportunities to:

• •Expand existing business divisionsthrough bolt-on acquisitions

• •Createnewbusiness divisionsfor HoldCo

• •KBS projects(specifically, three multi-family modular housing projects to be constructed in New England, as well as further expansion in the commercial scale project market segment)

• •Working capitaland,

• •Othergeneral corporate expenses

June 2020