Investor Presentation

51745 Filomena Drive

Shelby Township, MI 48315

www.resgreengroup.cominfo@resgreengroup.com

586-265-2376

Introduction

Resgreen Group International, Inc. (RGGI) was founded to provide a new approach to developing Autonomous Mobile Robots (AMR) and Automated Guided Vehicles (AGV) technology and software - one that puts customers' needs first and propels the industry forward to a new era interconnectivity and productivity. With the COVID pandemic creating more job shortages, supply chain issues, e-commerce purchases and a need for automation - not to mention the mounting pressure from investors and consumers to reduce costs and deliver products faster -- there has never been a better time to reimagine the possibilities of AMRs and AGVs.

While the AMR and AGV markets have been steadily growing over the past decade, customers' needs still aren't being met. RGGI's highly skilled team of engineers has nearly 100 years of combined experience in material handling and robotics. Its staff of 14 employees and four contractors, based in Shelby Township, Michigan, discovered that many of the barriers for the use of AMRs and AGVs were the same as 10 and even 20 years ago. RGGI's top executives have extensive experience working at other AGV and AMR companies, giving them insight into what went right and wrong at other companies such as Daifuku, AutoGuide and Fanuc. This experience is what led to the founding of RGGI and the company objectives:

  • Proliferate the use of AGVs, AMRs, software and smart accessories by reducing both the initial price and overall cost of ownership.

  • Promote leading-edge software system that fosters interoperability and interconnectivity to achieve Industry 4.0 initiatives. BotWay™ software converges sensing, control, and information platforms and provides useful analytics and intelligence.

  • Design simple, easy-to-use vehicles, software and accessories that allow customers to install, modify and maintain their own AGV and AMR systems.

  • Embrace customer-centricity in everything we do from sales to product development. Customer centricity puts the customer at the center of all you do.

Historical data shows that companies in the AGV and AMR industries have fared very well in the merger and acquisition market. The following are just a few examples of transactions that have taken place over the past years.

RGGI's CEO, Parashar Patel's prior company, AutoGuide AGVs was purchased by Teradyne (NYSE: TER) in 2019 in a structured deal worth $165,000,000. At the time, AutoGuide AGVs had approximately $4,000,000 in annual revenue. This represents a revenue multiplier of 41.25x.

In 2018, Teradyne also acquired MiR (Mobile Industrial Robotics) in a structured deal worth $272,000,000. MiR was profitable and had 2017 revenue of $12,000,000. This acquisition was valued at a revenue multiplier of 22.66x

More recently, in July 2021, Fetch Robotics was acquired by Zebra Technologies (NASDAQ: ZBRA) for $290,000,000. Fetch Robotics had approximated annual revenue of $10,000,000. This acquisition was valued at a revenue multiplier of 29x.

Given this information, the rate of company growth, the rate of sector growth and, in particular the similarity of products between RGGI and companies recently acquired at significant multiples, we believe that RGGI is well positioned within the logistical robotics space.

RGGI's Products

The following description of the issuer's principal products or services, and their markets contains forward-looking statements that involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors

PullBuddy™

PullBuddy™ moves loads up to 1,000Kg at 200 feet per minute (FPM). The vehicle uses magnetic tape and sophisticated open source software and controls to reliably guide the vehicle in warehouses, plants and distribution facilities. AGVs provide superior flexibility over conveyors and other equipment because their paths can be easily changed.

PullBuddy™ is a low profile AGV and is 12.5" in height. An automatic pin up to engage and deliver a carrier to its destination. The vehicle then lowerspops thepin to move onto to its next mission. PullBuddy™ can run 24/7 via an opportunity charging system, which allows the vehicle's battery to quickly and conveniently charge several times during a shift at stations strategically set up along its path. PullBuddy™ AGV has a limitless number of digital interfaces to accommodate other technologies, including scissor lifts, conveyors and pick-and-go buttons. The modular vehicle can be used in nearly any application from assembly to warehouse delivery. RGGI is exploring other application possibilities for PullBuddy™. It is currently available for sale and a system is currently being installed at Atlantic Precision Products in metro Detroit.

LilBuddy™

LilBuddy™ is a light load version of its flagship AGV, PullBuddy™. The compact AMR is the company's first vehicle to use natural feature guidance. LilBuddy™ is capable of moving loads up to 220 pounds around facilities without tape, reflectors, or tags for ultimate flexibility.

RGGI's guidance system uses sensors to create and update a map of LilBuddy™'s surroundings, while simultaneously keeping track of the vehicle's location within that map.

LilBuddy™ then utilizes virtual waypoints to direct its movement. The robot performs its own path planning, always selecting the shortest distance to its destination, and detecting obstacles in its way. LilBuddy™ will offer two LiDAR sensor options for 2D and 3D mapping, depending on the customer's needs. Applications requiring vertical sensing would call for a 3D sensor.

LilBuddy™ will also include a hybrid navigation model that uses both natural feature and magnetic tape guidance. By augmenting natural feature guidance with magnetic tape, LilBuddy™ can provide pinpoint stopping accuracy. This addresses integration with other automated equipment, docking, and precision alignment.

LilBuddy™'s compact base is 17" x 17" and can rotate 360 degrees in place. The base can include a wide variety of tools and attachments for different applications, including load handling tables, racks, scissor lifts, conveyor belts, food trays, and more. It will be available Q2 2022.

BigBuddy™

BigBuddy™ AMR was designed for demanding industrial and mission critical 24/7 applications. The vehicle can use either SLAM natural feature or magnetic tape guidance to navigate through manufacturing facilities and warehouses. The SLAM natural feature guidance requires no wires, tape or navigation marks.

BigBuddy™ will be able to tow up to 5,000 pounds, with a unit load capacity of 2,500 pounds. Another model tows up to 2,500 pounds and 1,250 pounds as a unit load. It will feature 5G communications and operates using an Android or iOS application in manual mode and WiFi in automatic mode. BigBuddy™ will be available in late 2022.

BotWay™

BotWay™ is a state-of-the-art traffic control and monitoring software that controls AGVs AMRs, smart accessories and more. BotWay™ is an adaptable, agile modular software that will work on any operating system and provides lightning fast set up for any size fleet. It offers traffic control, communications, monitoring and job queue. It can be set up operational conditions for path layouts, route programs, traffic constraints, cycle definitions and status monitoring.

BotWay™ incorporates MQTT standard protocol, which already exists on millions of devices. The interoperability is the message. MQTT is how you are going say it. And, BotWay™ is orchestrates all of it. For example, through BotWay™, a trigger could be set up that after

PullBuddy™ AGV transports a load to a certain spot, it signals a fork truck driver. BotWay™ via MQTT would send a message to the fork truck driver on his or her display, and then PullBuddy™ could display a light so it's easy to find..

Smart Accessories

  • Wireless stack light - shows different colors to alert employees such as fork truck drivers.

  • Wireless scissor lift - sits on top of PullBuddy™, LilBuddy™ or BigBuddy™ and raises and lowers to pre-programmed heights based on location and load.

  • Wireless perimeter sensing- detects that a person or object has entered a defined area.

  • Wireless mat occupancy - detects weight on a mat.

Industry 4.0and 5.0

Industry 4.0, otherwise known as the fourth Industrial Revolution, is the rapid change to technology and industries in the 21st century due to an increase in interconnectivity and smart automation. The combination of the Internet of Things and the Internet of Systems make Industry 4.0 possible and the smart factory a reality. An essential part of Industry 4.0 is autonomous production methods, such as AGVs and AMRs, that can communicate with computers, other equipment and even workers. According to Reportlinker.com, the global market for Industry 4.0 was estimated at $90.6 Billion in the year 2020 and is projected to reach $219.8 Billion by 2026, growing at a CAGR of 16.5%. Much of that growth will include AGV and AMR purchases, particularly systems that make interconnectivity seamless.

MQTT (MQ Telemetry Transport) is another central element to industry 4.0 and the Industrial Internet of Things (IIoT). MQTT is a lightweight, publish-subscribe network protocol that transports messages between devices. MQTT is an OASIS and ISO 20922 standard that has become the norm for connecting IoT devices and is increasingly popular within smart manufacturing. MQTT can "talk" to thousands of devices on a network, including lights, PLCs, and sensors - allowing nearly everything on a factory floor to be connected. Unlike the traditional client-server model, in which a client communicates directly with an endpoint, MQTT clients are split into two groups: A sender (referred to as a publisher in MQTT) and a consumer that receives the data (an MQTT subscriber). The publisher and the subscriber are never in direct contact with each other. A third component (an MQTT broker), acts like a 'traffic cop', directing messages from the publisher to any end points acting as subscribers. MQTT provides the bi-directional messaging that a scalable, interoperable, reliable, and secure messaging system requires - making it the de facto solution for today's smart factories.

In terms of 4.0 robotics, the goal is zero downtime and maximum efficiency. Unscheduled factory downtime is one of the most prevalent causes of inefficiency in manufacturing today. Spotting an issue on an assembly line in real time can increase productivity, reduce errors and improve quality. As robotic vehicles use more sensors and become more digitally connected, they collect more data and enable continuous operations.

The term Industry 5.0 refers to people working alongside robots, often called cobots, and smart machines. It's about robots helping humans work better and faster by leveraging advanced technologies like the Internet of Things (IoT) and big data. As machines in the workplace get smarter and more connected, Industry 5.0 is aimed at merging those cognitive computing capabilities with human intelligence and resourcefulness in collaborative operations. RGGI's products are designed to work alongside humans collaboratively.

Industrial Internet of Things (IIoT) is enabling a massive change from conventional manufacturing. The resulting benefits include higher operating efficiency, reduced supply chains, and lower environmental impact. Inside the plants, workstations replace conveyor belts. The robotic machinery can be easily reprogrammed for design changes and mass customization that will increase customer satisfaction. AGVs and AMRs are an ideal fit for these micro-facilities that require flexibility and quick installation.

Benefits of Autonomy

  • Both the AMR and AGV markets continue to expand significantly due to reduced labor costs and product damage, as well as increased productivity and efficiency.

  • They also offer flexibility and scalability to support automation processes. Implementing automated vehicles in warehouses and manufacturing facilities helps ensure continued operations. If an AGV or AMR breaks down, it can be quickly and easily fixed or replaced. Unlike fixed infrastructure, AMRs and AGVs are easy to relocate and can enable a quick transition period.

  • AMRs and AGVs are easy to install without the costs associated with fixed infrastructure. They are easy to implement into the existing warehouses and manufacturing facilities due to their flexibility and mobility.

  • These vehicles reduce errors associated with manual operations, such as stress brought on during peak times.

  • These vehicles make work environments safer and are designed to work dynamically with their surroundings and are highly responsive to avoid collisions.

  • They improve the working environment for employees by creating an ergonomic working process for employees and increasing their value to the business. They also perform difficult tasks like lifting or moving heavy materials, which can cause health issues.

Market Analysis Summary

Autonomous Mobile Robot / Automatic Guided Vehicle Market

Mobile Robots (AGV and AMR Market) are enabling the optimization of space in warehouse facilities in logistics and manufacturing and can reduce the need for new and costly greenfield fulfillment and distribution centers. While new centers are still being built, they are being built with robots and other automation in mind. Even these robotic systems are flexible and can be added or removed as per the requirement. But we are witnessing new applications of Autonomous Mobile Robots (AMR) and Automated Guided Vehicles (AGV) apart from logistics and manufacturing due to advancements in Artificial Intelligence (AI), Machine Vision, manipulation capabilities for automatic picking and placing, and robotic mechanics.

The Automated Guided Vehicle (AGV) market size was valued at USD $3.39 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 13.0% from 2021 to 2028 to $9.2 Billion, according to Grand View Research. Verified Market Research estimated the global Autonomous Mobile Robot (AMR) market size at $2.1 billion in 2020. It is projected to reach $8.7 billion by 2028, growing at a CAGR of 19.4 % from 2021 to 2028.

Both AGVs and AMRs collectively are going to cross the installed base of 2.4 million units in 2027 to make the mobile robots a new normal in our day-to-day operational activities. RGGI provides both AGVs and AMRs to meet the wide variety of needs for customers.

Whatever the technology, it's clear that both markets are growing at a rapid pace with no end in sight. Warehousing is embracing automation at an alarming pace due to labor shortages and the spike in e-commerce because of COVID-19. According to CBRE, the U.S. will need to add 330 million square feet of warehouse space for online fulfillment by 2025 to keep pace with the expected uptick in e-commerce sales.

But warehousing isn't the only sector where mobile robot usage will increase. Manufacturing, particularly automotive, will also invest heavily in AGVs and AMRs in the next few years. Automakers will invest over $37 billion in North American plants from 2019 to 2025, with 15 of 17 new plants in the United States, according to LMC Automotive. Over 77% of that spending will be directed at SUV or electric vehicle (EV) projects. The Post ICE (Internal Combustion Engine) age is just beginning and many of these EV plants will use battery-operated AGVs and AMRs for everything from assembly to line-side delivery and picking and handling (both inbound and outbound) for replenishment. Labor shortages are causing more and more automotive OEMs to closely examine AGVs and AMRs. In fact, Deloitte's 2020 and 2021 Material Handling Industry Report more than 50% of the 1,000 supply chain and manufacturing leaders surveyed rated hiring and employee detention as their biggest challenge. In 2019,

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Disclaimer

Resgreen Group International Inc. published this content on 08 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 April 2022 00:38:07 UTC.