Investor Presentation – April 2022 TSXV: HIRE
Forward-Looking Statement
This presentation contains “forward-looking information” within the meaning of applicable Canadian securities laws (“forward-looking information”), with respect to the financial condition, results of operations, corporate
structure and business of HIRE Technologies Inc. (“HIRE”). In certain cases, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “target”, “scheduled”,
“estimates”, “forecasts”, “intends”, “anticipates”, “determine”, “continue”, “projects”, “potential”, “proposed” or “believes”, or variations or the negative of such words and phrases, or statements that certain actions, events
or results “may”, “would”, “ are likely to”, “might” or “will”, “occur” or “be achieved” or the negative of these terms or comparable terminology. Forward-looking information contained in this presentation includes, but is
not limited to, statements regarding: (a) the competitive and business strategies of HIRE; (b) estimates of sales growth; (c) HIRE’s ongoing investment strategy; (d) the performance of HIRE’s business and operations; (e)
the intention to grow the business, operations and potential activities of HIRE; (f) the competitive conditions of the industry; (g) the intention to acquire certain other companies and businesses in our industry; (h) client
retention; (i) the impact of the economy and, in particular economic downturns, on the business and the industry; and (j) future outlook and goals;
Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current
conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, including, without limitation, assumptions about:
• The continued ability to fund our operations and each of the components in our acquisition strategy;
• The successful implementation of our strategy and our ability to realize its benefits;
• Our ability to develop and market new products and services;
• The stability of operational and employee costs;
• our ability to identify and complete successful acquisitions and to integrate those acquisitions into our business;
• our ability to successfully exit certain businesses or restructure our operations
While HIRE considers these assumptions to be reasonable, the assumptions are inherently subject to significant business, social, economic, political, regulatory, competitive and other risks and uncertainties,
contingencies and other factors that could cause actual actions, events, conditions, results, performance or achievements to be materially different from those projected in the forward-looking information. Furthermore,
by their very nature, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, events, results, performance or
achievements of HIRE to be materially different from those expressed or implied in this presentation. Such risks, uncertainties and other factors include, without limitation, those related to: Such factors include, among
others: risks related to the recent outbreak of COVID-19, which may have material adverse effects on the global financial markets, and its business, financial position, financial performance, and cash flows; the impact on
the business of broader economic factors; alignment of HIRE’s cost structure with revenue; HIRE’s limited operating history and needs for additional capital; uncertainty relating to liquidity and capital requirements; risks
inherent in HIRE’s acquisition strategy; HIRE may not be able to obtain financing necessary to implement HIRE’s business plan; HIRE may not be able to obtain access to technology necessary to compete in the
recruiting industry; HIRE operates in a highly competitive industry and may be unable to retain clients or market share; barriers to client portability are low; reliance on key management; and compliance with financial
reporting and other requirements as a public company.
As a result, there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in this presentation. Accordingly,
readers should not place undue reliance on the forward-looking information contained in this presentation. Such cautionary statements qualify all forward-looking statements made in this presentation. HIRE undertakes
no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
These materials are provided for informational purposes only, and do not constitute an offer to sell, or a solicitation of an offer to buy or sell, any security or instrument.
02
Create a world-class portfolio of
brands focused on technology that
will shape the future of human
resources through synergies, scale and
reach.
Our Mission
The Opportunity
HR is evolving at a rapid pace. Companies must
navigate increasingly important trends including
remote work, the gig-economy, engagement,
process automation and more.
03
Investment Highlights
Resilient recurring revenue streams and robust growth since
inception at faster pace than the market
Significant upside through continued organic growth,
synergy realization and accretive acquisitions
Only Canadian public consolidator in the HR industry for
staffing, HR consulting and SaaS technology solutions
Focused on acquiring higher margin Human Capital
Management (HCM) technologies and deploying into
installed customer base
Massively fragmented, growing USD $500+ billion(1) market
ripe for consolidation with no dominant competitor
Sources: 1. Statista, The Staffing Industry Worldwide (Aug 2021)
1
2
3
4
5
04
Q3 21 vs Q3 20
Organic Growth
35%
Recurring Revenue
Share
69%
Offices in North America
12
Q3 21 TTM Revenue
$22.9M
9 1,195
Cities Placements
Completed in 2021
Portfolio Companies
7
Employees
90
Creating value through synergies, scale and reach in the human resources industry.
Company Snapshot
05
Note: Q3 21 TTM revenue is for the twelve months ended September 30, 2021.
Staffing
Resilient revenue streams from recurring contracts and
high margins via on-occurrence permanent placement
services
HR Consulting
Trusted advisor to boards and financial sponsors
(executive search, policy advisory, coaching, training &
development)
SaaS
Onboarding and offboarding, employee engagement,
and performance management are high growth areas in
human capital management SaaS products
Full spectrum of HR solutions.
Core Solutions
06
▪ Dedicated Indigenous and diversity practice
and experts in Indigenous executive search
Our Indigenous
Placements
Diversity, Equity and
Inclusion (DEI) Practice
07
Staffing firm specializing in finance,
accounting and legal
Staffing firm specializing in IT Recruitment firm serving a wide
range of expertise and sectors
Staffing firm specializing in
healthcare, general labour and
waste management
Consulting firm providing retained
and contingency search to leading
construction and real estate firms
Executive search firm with national
and international reach including a
diversity and indigenous practice
An innovative performance
management tool focused on
manager empowerment
Our Portfolio Companies
08
Market for Staffing and
HR Consulting
North American Staffing & HR Consulting Market (1)
Global Market Size(1)
$500B+
North American Market Size(2)
$200B+
Firms in North America(3)
69,000+
Largest Staffing Firm only 7.0% of
the Market in North America(4)
Highly Fragmented
Sources: 1. Statista, The Staffing Industry Worldwide (Aug 2021) 2. IBISWorld, Office Staffing and HR Consulting Reports, U.S. and Canada (2020) 3. IBISWorld, HR Consulting, U.S. (2021) and Canada (2020);
Employment & Recruiting Agencies in the U.S. (2021); Office Staffing and Temp Agencies in Canada (2020) 4. SIA Largest Staffing Firms, USA and Canada (2020)
$218
$227
$231 $232
$211 $211
$216
$223
$230
$235
$238
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Revenue ($B)
09
Contract staffing
▪ Adoption of the recurring contract
placement model to fill short-term
and long-term needs
Remote work practices
▪ Acceleration of remote working and
adapting to diverse and flexible work
situations
▪ Remote and global hiring
Acceleration of HCM technology
solutions
▪ Technology for processes, training
and development, productivity,
engagement and more
Focus on diversity & ESG
▪ Diversity, equality and inclusion hiring
practices
▪ Sustainability and corporate social
responsibility at the forefront
Consolidation of North American
markets
▪ Tailwinds of consolidation driven by
improved efficiencies and economies
of scale
Impact of social media &
marketing
▪ Increasing adoption of social media
and digital platforms, capturing a
larger candidate pool
Industry Trends Shaping the Future of HR
10
Technology is Revolutionizing HR
04
▪ Boosting efficiency: Streamline and simplify organizational tasks
▪ Attracting talent: Tools to empower employees to work where and how they want
▪ AI in recruiting: AI-based algorithms to find talent, reduce hiring discrimination and
create a diverse workforce
▪ Remote-work tools: Technology that can be accessed from anywhere
▪ Performance and wellness management: Technology for real-time, continuous
feedback and goal setting
Sources: 1. Houlihan Human Capital Management Q2 2021 Overview
Global HCM Market Size 2021(1)
$20B+
Projected CAGR from 2021 to
2024(1)
9.7%
Projected Global HCM Market
Size 2024(1)
$27B+
Pulsify, a HIRE portfolio company, is a cloud-based people management
application designed around data analytics, immediate feedback, predictive
insights and the Net Manager ScoreTM to manage high-performing teams and
improve employee productivity.
11
Our Strategy
Acquisition growth through market share captured from
consolidation in a fragmented industry
1 Organic growth through reach and scope of solutions
3
Integration synergies across a growing platform of
companies via shared services platform
4
Penetrating higher margin specialty segments
5
2 Apply a technology-first approach across our platform
12
Redefining the Future
Creating an Ecosystem
▪ Partnering with organizations
to identify talent outside of
traditional talent pools
▪ Market branding & leadership
in high growth and specialty
segments
Platform Synergies
▪ Streamlining of accounting,
finance and legal functional
support into shared services
infrastructure
▪ Cross-selling amongst
diversified service offerings
Technology Enablement
▪ Leveraging technology to
better identify candidates
▪ Deploying digital solutions for
the transforming work
environment
▪ Up-selling technology solutions
to existing client base
13
Acquisition Growth
Organic Growth
Expanding the partnership
ecosystem
Cross-selling across portfolio
Increasing specialty services
Developing full advisory capabilities
Geographic expansion
Broadening market segments
Targeting HCM technologies
Maintaining brand retention
Gaining intellectual capital
Increasing solution offerings
Dual Growth Strategy
14
Scaling Our Business to Maximize Revenue
• Expand across Canada
• Expand in the US
• Enter localized markets
• Develop regional positions
Increase Geographic Coverage
• Add industry vertical expertise
• Increase specialty services
• Develop full advisory capabilities
• Broaden solution offerings
Increase Range of Solutions
• Integrate shared services platform
• Cross-sell across the portfolio
• Expand partnership ecosystem
Increase Market Share & Synergies
• Acquire HCM technologies
• Acquire additional intellectual capital
• Retain brand of acquired firms
Differentiate Existing Solutions
Diversification
Differentiation
Scale
Scope
15
Acquisition History
2017 2018 2019 2020 2021
16
Accelerate revenues
▪ Continue with dual revenue strategy of increasing organic growth
and acquisitions that have led to robust revenue growth since
inception
Increase margins
▪ Use synergies and economies of scale to generate significant
incremental returns(1)
Leverage Valuation Differences
▪ Realize arbitrage opportunities by acquiring private company targets
at lower valuations than public company valuations
Increase Valuation Multiple
▪ Achieve a valuation re-rating from shifting business mix to higher
value HCM technologies
EBITDA
Multiple
3 - 5x
11x
EBITDA
Margin
%
Growth %
17%
6%
Incremental
Return
5.5%
10%
+10%
Peer Group(1)
HIRE
HCM Staffing HCM Technology
Business Mix
27x
Public HCM Technology
Peer Group
Private
Transactions
Value creation through
scale
Value Creation
Public Staffing
Peer Group Value creation through
innovation
17
Prioritizing ESG to create a positive impact and elevate shareholder value.
Appoint a highly qualified gender
diverse candidate to the board of
directors
Implement a DEI policy Provide free Indigenous and
cultural awareness training
Launch a DEI employee resource
website Form an internal ESG committee
Build capacity to increase internal
communications and collaborative
engagement
Committed to ESG Goals
18
Record revenue and gross margin. Spend reflects value creation from scale.
$19.6
$8.0
9mo 2021 9mo 2020
$8.2
$2.1
9mo 2021 9mo 2020
+144%
vs PY
69%
31%
2021 Mix
91%
9%
2020 Mix • 35% and 28% YoY organic
growth for Q3 and 9mo.
• 9mo growth of 144%
exceeds peer group
average of 16%(1)
Recurring Contract
On-occurrence perm.
+$6.1M
vs PY 22% 24% 21%
35%
39%
42%
38%
44%
Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21
Gross Margin (% of Revenue)
• Greater proportion of high
margin on-occurrence
permanent placements in
2021
51%
43%
61%
9mo 2021 9mo 2021 Adj 9mo 2020
Adjusted SG&A excludes external professional fees on M&A, share
based compensation, and future contingent remuneration from
acquisitions.
• Vastly improved proportionate spend (% of Revenue) reflects
value of shared services platform.
1Randstad N.V., The Adecco Group, Robert Half International Inc., ManpowerGroup, Kforce Inc., TrueBlue, Resources Connection Inc., and The Caldwell Partners
International Inc.
$9.9M $8.4M $4.9M
$7.7
$2.5
Q3 2021 Q3 2020
$3.4
$0.9
Q3 2021 Q3 2020
+203%
vs PY
+$2.5M
vs PY
48% 41%
75%
Q3 2021 Q3 2021 Adj Q3 2020
$3.7M $3.1M $1.9M
Revenue
Gross
Margin
SG&A
Q3 2021 Financial Highlights
19
Significant improvement across bottom-line metrics.
EBITDA
Net
Income
(Loss)
Earnings
(Loss)
Per
Share
($0.3)
($4.0)
Q3 2021 Q3 2020
+$3.7M
vs PY
($0.9)
($4.1)
Q3 2021 Q3 2020
($0.01)
($0.09)
Q3 2021 Q3 2020
+$3.2M
vs PY
+$0.08
vs PY
$2.2
($5.7)
9mo 2021 9mo 2020
+$7.9M
vs PY
$0.9
($5.9)
9mo 2021 9mo 2020
$0.01
($0.12)
9mo 2021 9mo 2020
+$6.8M
vs PY
+$0.13
vs PY
$0.3
($0.1)
Q3 2021 Q3 2020
+$0.4M
vs PY
($0.2) ($0.1)
Q3 2021 Q3 2020
$0.00 $0.00
Q3 2021 Q3 2020
-$0.1M
vs PY
--
vs PY
($0.3) ($0.3)
9mo 2021 9mo 2020
--
vs PY
($1.4) ($0.3)
9mo 2021 9mo 2020
($0.02) ($0.01)
9mo 2021 9mo 2020
-$1.1M
vs PY
-$0.01
vs PY
Reported Adjusted(1)
1Excludes restructuring and other non-operating items, realized gains or losses on derivative financial instruments, other unrealized fair value through profit or loss mark-to-
market gains or losses, earn-out payments treated as future contingent remuneration from acquisitions, and share based compensation expenses.
Q3 2021 Financial Highlights
20
Simon Dealy
Chief Executive Officer
Eric Loree
Chief Legal Officer
Dan Teguh
Chief Financial Officer
▪ 30+ years of experience in professional
services supporting multiple industries
▪ Advisor to Fortune 500 clients; held many
executive titles including CEO, COO, CFO and
IA Director
▪ Track record of successful international
growth mandates and capital raises
▪ Built and sold Control Solutions, a global
consulting firm with offices in 35 countries, to
a public entity
▪ Practiced in the Corporate Finance &
Securities department of a national law firm
▪ Former legal counsel at a major telecom
company
▪ Former member of the TSX Venture
Exchange’s Executive Listing & Policy
Committee
▪ Formerly Director of Corporate
Development at a leading healthcare
consolidator
▪ Previously at a prominent insurance holding
company covering M&A, financial
reporting, and investor relations
▪ Began career in the Banking & Capital
Markets group at Ernst & Young
Our Management Team
21
▪ Chairman & CEO of BlackRock Metals​
▪ Co-founder of People Corporation a
consolidator of employee benefits,
pension, and HR services firms acquired
by Goldman Sachs Merchant Banking
Sean Cleary
Director
▪ Founder at GIC Merchant Bank
Corporation with holdings in Canada,
China, South Africa and Dubai
▪ Co-founder of Emerge Commerce
(TSXV: ECOM)
▪ Director at Cutler Group
Jonson Sun
Director
▪ Managing Director of Techstars
Toronto who have invested in over
2,500 technology start-ups across the
globe
▪ Co-Founder of Extreme Startups (now
Highline)
Sunil Sharma
Advisor
Hamed Shahbazi
Director
▪ CEO of WELL Health Technologies, a
consolidator of clinical and digital
healthcare assets
▪ Director at BroadbandTV
Our Board & Advisors
22
1Includes 5,453,334 warrants issuable upon conversion of convertible debentures
Note: Information is current to March 25, 2022
SHARE STRUCTURE
Common Shares Outstanding 83,888,640
Warrants(1) 23,704,699
Options 3,376,671
Deferred Share Units 1,250,000
Convertible Debentures 5,453,334
Fully Diluted Shares
Outstanding
117,673,344
TICKER
TSXV: HIRE
SHARE PRICE
$0.20
52-WEEK RANGE
$0.15–$0.67
MARKET CAP
$16.7M
INSIDERS
15.5%
CONVERTIBLE DEBENTURES
Outstanding $1,636,000
Maturity July 31, 2023
Interest 9% paid Semi-Annually
Conversion $0.30 / Unit
One common Share
One warrant $0.60 exercise
Capital Structure
23
Key Areas of Focus
ORGANIC GROWTH
ACQUISITIONS
FINANCIAL
TECHNOLOGY
INVESTOR RELATIONS
Maximize revenue through cross-selling, geographic expansion and service diversification
Focus on identifying and pursuing accretive acquisitions
Strengthen balance sheet and optimize operating performance through synergies and scale
Expand technology solutions to deliver on a technology-first strategy
Enhance investor relations program to increase visibility and shareholder engagement
24
CONTACT
HIRE Technologies Inc.
55 Adelaide St E, Suite 400
Toronto, ON, M5C 1K6
1.888.792.5320
info@hire.company
www.hire.company
Investor Relations
investors@hire.company
647.556.4498
25

HIRE Investor Presentation

  • 1.
    Investor Presentation –April 2022 TSXV: HIRE
  • 2.
    Forward-Looking Statement This presentationcontains “forward-looking information” within the meaning of applicable Canadian securities laws (“forward-looking information”), with respect to the financial condition, results of operations, corporate structure and business of HIRE Technologies Inc. (“HIRE”). In certain cases, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “target”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “determine”, “continue”, “projects”, “potential”, “proposed” or “believes”, or variations or the negative of such words and phrases, or statements that certain actions, events or results “may”, “would”, “ are likely to”, “might” or “will”, “occur” or “be achieved” or the negative of these terms or comparable terminology. Forward-looking information contained in this presentation includes, but is not limited to, statements regarding: (a) the competitive and business strategies of HIRE; (b) estimates of sales growth; (c) HIRE’s ongoing investment strategy; (d) the performance of HIRE’s business and operations; (e) the intention to grow the business, operations and potential activities of HIRE; (f) the competitive conditions of the industry; (g) the intention to acquire certain other companies and businesses in our industry; (h) client retention; (i) the impact of the economy and, in particular economic downturns, on the business and the industry; and (j) future outlook and goals; Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, including, without limitation, assumptions about: • The continued ability to fund our operations and each of the components in our acquisition strategy; • The successful implementation of our strategy and our ability to realize its benefits; • Our ability to develop and market new products and services; • The stability of operational and employee costs; • our ability to identify and complete successful acquisitions and to integrate those acquisitions into our business; • our ability to successfully exit certain businesses or restructure our operations While HIRE considers these assumptions to be reasonable, the assumptions are inherently subject to significant business, social, economic, political, regulatory, competitive and other risks and uncertainties, contingencies and other factors that could cause actual actions, events, conditions, results, performance or achievements to be materially different from those projected in the forward-looking information. Furthermore, by their very nature, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, events, results, performance or achievements of HIRE to be materially different from those expressed or implied in this presentation. Such risks, uncertainties and other factors include, without limitation, those related to: Such factors include, among others: risks related to the recent outbreak of COVID-19, which may have material adverse effects on the global financial markets, and its business, financial position, financial performance, and cash flows; the impact on the business of broader economic factors; alignment of HIRE’s cost structure with revenue; HIRE’s limited operating history and needs for additional capital; uncertainty relating to liquidity and capital requirements; risks inherent in HIRE’s acquisition strategy; HIRE may not be able to obtain financing necessary to implement HIRE’s business plan; HIRE may not be able to obtain access to technology necessary to compete in the recruiting industry; HIRE operates in a highly competitive industry and may be unable to retain clients or market share; barriers to client portability are low; reliance on key management; and compliance with financial reporting and other requirements as a public company. As a result, there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in this presentation. Accordingly, readers should not place undue reliance on the forward-looking information contained in this presentation. Such cautionary statements qualify all forward-looking statements made in this presentation. HIRE undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. These materials are provided for informational purposes only, and do not constitute an offer to sell, or a solicitation of an offer to buy or sell, any security or instrument. 02
  • 3.
    Create a world-classportfolio of brands focused on technology that will shape the future of human resources through synergies, scale and reach. Our Mission The Opportunity HR is evolving at a rapid pace. Companies must navigate increasingly important trends including remote work, the gig-economy, engagement, process automation and more. 03
  • 4.
    Investment Highlights Resilient recurringrevenue streams and robust growth since inception at faster pace than the market Significant upside through continued organic growth, synergy realization and accretive acquisitions Only Canadian public consolidator in the HR industry for staffing, HR consulting and SaaS technology solutions Focused on acquiring higher margin Human Capital Management (HCM) technologies and deploying into installed customer base Massively fragmented, growing USD $500+ billion(1) market ripe for consolidation with no dominant competitor Sources: 1. Statista, The Staffing Industry Worldwide (Aug 2021) 1 2 3 4 5 04
  • 5.
    Q3 21 vsQ3 20 Organic Growth 35% Recurring Revenue Share 69% Offices in North America 12 Q3 21 TTM Revenue $22.9M 9 1,195 Cities Placements Completed in 2021 Portfolio Companies 7 Employees 90 Creating value through synergies, scale and reach in the human resources industry. Company Snapshot 05 Note: Q3 21 TTM revenue is for the twelve months ended September 30, 2021.
  • 6.
    Staffing Resilient revenue streamsfrom recurring contracts and high margins via on-occurrence permanent placement services HR Consulting Trusted advisor to boards and financial sponsors (executive search, policy advisory, coaching, training & development) SaaS Onboarding and offboarding, employee engagement, and performance management are high growth areas in human capital management SaaS products Full spectrum of HR solutions. Core Solutions 06
  • 7.
    ▪ Dedicated Indigenousand diversity practice and experts in Indigenous executive search Our Indigenous Placements Diversity, Equity and Inclusion (DEI) Practice 07
  • 8.
    Staffing firm specializingin finance, accounting and legal Staffing firm specializing in IT Recruitment firm serving a wide range of expertise and sectors Staffing firm specializing in healthcare, general labour and waste management Consulting firm providing retained and contingency search to leading construction and real estate firms Executive search firm with national and international reach including a diversity and indigenous practice An innovative performance management tool focused on manager empowerment Our Portfolio Companies 08
  • 9.
    Market for Staffingand HR Consulting North American Staffing & HR Consulting Market (1) Global Market Size(1) $500B+ North American Market Size(2) $200B+ Firms in North America(3) 69,000+ Largest Staffing Firm only 7.0% of the Market in North America(4) Highly Fragmented Sources: 1. Statista, The Staffing Industry Worldwide (Aug 2021) 2. IBISWorld, Office Staffing and HR Consulting Reports, U.S. and Canada (2020) 3. IBISWorld, HR Consulting, U.S. (2021) and Canada (2020); Employment & Recruiting Agencies in the U.S. (2021); Office Staffing and Temp Agencies in Canada (2020) 4. SIA Largest Staffing Firms, USA and Canada (2020) $218 $227 $231 $232 $211 $211 $216 $223 $230 $235 $238 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Revenue ($B) 09
  • 10.
    Contract staffing ▪ Adoptionof the recurring contract placement model to fill short-term and long-term needs Remote work practices ▪ Acceleration of remote working and adapting to diverse and flexible work situations ▪ Remote and global hiring Acceleration of HCM technology solutions ▪ Technology for processes, training and development, productivity, engagement and more Focus on diversity & ESG ▪ Diversity, equality and inclusion hiring practices ▪ Sustainability and corporate social responsibility at the forefront Consolidation of North American markets ▪ Tailwinds of consolidation driven by improved efficiencies and economies of scale Impact of social media & marketing ▪ Increasing adoption of social media and digital platforms, capturing a larger candidate pool Industry Trends Shaping the Future of HR 10
  • 11.
    Technology is RevolutionizingHR 04 ▪ Boosting efficiency: Streamline and simplify organizational tasks ▪ Attracting talent: Tools to empower employees to work where and how they want ▪ AI in recruiting: AI-based algorithms to find talent, reduce hiring discrimination and create a diverse workforce ▪ Remote-work tools: Technology that can be accessed from anywhere ▪ Performance and wellness management: Technology for real-time, continuous feedback and goal setting Sources: 1. Houlihan Human Capital Management Q2 2021 Overview Global HCM Market Size 2021(1) $20B+ Projected CAGR from 2021 to 2024(1) 9.7% Projected Global HCM Market Size 2024(1) $27B+ Pulsify, a HIRE portfolio company, is a cloud-based people management application designed around data analytics, immediate feedback, predictive insights and the Net Manager ScoreTM to manage high-performing teams and improve employee productivity. 11
  • 12.
    Our Strategy Acquisition growththrough market share captured from consolidation in a fragmented industry 1 Organic growth through reach and scope of solutions 3 Integration synergies across a growing platform of companies via shared services platform 4 Penetrating higher margin specialty segments 5 2 Apply a technology-first approach across our platform 12
  • 13.
    Redefining the Future Creatingan Ecosystem ▪ Partnering with organizations to identify talent outside of traditional talent pools ▪ Market branding & leadership in high growth and specialty segments Platform Synergies ▪ Streamlining of accounting, finance and legal functional support into shared services infrastructure ▪ Cross-selling amongst diversified service offerings Technology Enablement ▪ Leveraging technology to better identify candidates ▪ Deploying digital solutions for the transforming work environment ▪ Up-selling technology solutions to existing client base 13
  • 14.
    Acquisition Growth Organic Growth Expandingthe partnership ecosystem Cross-selling across portfolio Increasing specialty services Developing full advisory capabilities Geographic expansion Broadening market segments Targeting HCM technologies Maintaining brand retention Gaining intellectual capital Increasing solution offerings Dual Growth Strategy 14
  • 15.
    Scaling Our Businessto Maximize Revenue • Expand across Canada • Expand in the US • Enter localized markets • Develop regional positions Increase Geographic Coverage • Add industry vertical expertise • Increase specialty services • Develop full advisory capabilities • Broaden solution offerings Increase Range of Solutions • Integrate shared services platform • Cross-sell across the portfolio • Expand partnership ecosystem Increase Market Share & Synergies • Acquire HCM technologies • Acquire additional intellectual capital • Retain brand of acquired firms Differentiate Existing Solutions Diversification Differentiation Scale Scope 15
  • 16.
  • 17.
    Accelerate revenues ▪ Continuewith dual revenue strategy of increasing organic growth and acquisitions that have led to robust revenue growth since inception Increase margins ▪ Use synergies and economies of scale to generate significant incremental returns(1) Leverage Valuation Differences ▪ Realize arbitrage opportunities by acquiring private company targets at lower valuations than public company valuations Increase Valuation Multiple ▪ Achieve a valuation re-rating from shifting business mix to higher value HCM technologies EBITDA Multiple 3 - 5x 11x EBITDA Margin % Growth % 17% 6% Incremental Return 5.5% 10% +10% Peer Group(1) HIRE HCM Staffing HCM Technology Business Mix 27x Public HCM Technology Peer Group Private Transactions Value creation through scale Value Creation Public Staffing Peer Group Value creation through innovation 17
  • 18.
    Prioritizing ESG tocreate a positive impact and elevate shareholder value. Appoint a highly qualified gender diverse candidate to the board of directors Implement a DEI policy Provide free Indigenous and cultural awareness training Launch a DEI employee resource website Form an internal ESG committee Build capacity to increase internal communications and collaborative engagement Committed to ESG Goals 18
  • 19.
    Record revenue andgross margin. Spend reflects value creation from scale. $19.6 $8.0 9mo 2021 9mo 2020 $8.2 $2.1 9mo 2021 9mo 2020 +144% vs PY 69% 31% 2021 Mix 91% 9% 2020 Mix • 35% and 28% YoY organic growth for Q3 and 9mo. • 9mo growth of 144% exceeds peer group average of 16%(1) Recurring Contract On-occurrence perm. +$6.1M vs PY 22% 24% 21% 35% 39% 42% 38% 44% Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Gross Margin (% of Revenue) • Greater proportion of high margin on-occurrence permanent placements in 2021 51% 43% 61% 9mo 2021 9mo 2021 Adj 9mo 2020 Adjusted SG&A excludes external professional fees on M&A, share based compensation, and future contingent remuneration from acquisitions. • Vastly improved proportionate spend (% of Revenue) reflects value of shared services platform. 1Randstad N.V., The Adecco Group, Robert Half International Inc., ManpowerGroup, Kforce Inc., TrueBlue, Resources Connection Inc., and The Caldwell Partners International Inc. $9.9M $8.4M $4.9M $7.7 $2.5 Q3 2021 Q3 2020 $3.4 $0.9 Q3 2021 Q3 2020 +203% vs PY +$2.5M vs PY 48% 41% 75% Q3 2021 Q3 2021 Adj Q3 2020 $3.7M $3.1M $1.9M Revenue Gross Margin SG&A Q3 2021 Financial Highlights 19
  • 20.
    Significant improvement acrossbottom-line metrics. EBITDA Net Income (Loss) Earnings (Loss) Per Share ($0.3) ($4.0) Q3 2021 Q3 2020 +$3.7M vs PY ($0.9) ($4.1) Q3 2021 Q3 2020 ($0.01) ($0.09) Q3 2021 Q3 2020 +$3.2M vs PY +$0.08 vs PY $2.2 ($5.7) 9mo 2021 9mo 2020 +$7.9M vs PY $0.9 ($5.9) 9mo 2021 9mo 2020 $0.01 ($0.12) 9mo 2021 9mo 2020 +$6.8M vs PY +$0.13 vs PY $0.3 ($0.1) Q3 2021 Q3 2020 +$0.4M vs PY ($0.2) ($0.1) Q3 2021 Q3 2020 $0.00 $0.00 Q3 2021 Q3 2020 -$0.1M vs PY -- vs PY ($0.3) ($0.3) 9mo 2021 9mo 2020 -- vs PY ($1.4) ($0.3) 9mo 2021 9mo 2020 ($0.02) ($0.01) 9mo 2021 9mo 2020 -$1.1M vs PY -$0.01 vs PY Reported Adjusted(1) 1Excludes restructuring and other non-operating items, realized gains or losses on derivative financial instruments, other unrealized fair value through profit or loss mark-to- market gains or losses, earn-out payments treated as future contingent remuneration from acquisitions, and share based compensation expenses. Q3 2021 Financial Highlights 20
  • 21.
    Simon Dealy Chief ExecutiveOfficer Eric Loree Chief Legal Officer Dan Teguh Chief Financial Officer ▪ 30+ years of experience in professional services supporting multiple industries ▪ Advisor to Fortune 500 clients; held many executive titles including CEO, COO, CFO and IA Director ▪ Track record of successful international growth mandates and capital raises ▪ Built and sold Control Solutions, a global consulting firm with offices in 35 countries, to a public entity ▪ Practiced in the Corporate Finance & Securities department of a national law firm ▪ Former legal counsel at a major telecom company ▪ Former member of the TSX Venture Exchange’s Executive Listing & Policy Committee ▪ Formerly Director of Corporate Development at a leading healthcare consolidator ▪ Previously at a prominent insurance holding company covering M&A, financial reporting, and investor relations ▪ Began career in the Banking & Capital Markets group at Ernst & Young Our Management Team 21
  • 22.
    ▪ Chairman &CEO of BlackRock Metals​ ▪ Co-founder of People Corporation a consolidator of employee benefits, pension, and HR services firms acquired by Goldman Sachs Merchant Banking Sean Cleary Director ▪ Founder at GIC Merchant Bank Corporation with holdings in Canada, China, South Africa and Dubai ▪ Co-founder of Emerge Commerce (TSXV: ECOM) ▪ Director at Cutler Group Jonson Sun Director ▪ Managing Director of Techstars Toronto who have invested in over 2,500 technology start-ups across the globe ▪ Co-Founder of Extreme Startups (now Highline) Sunil Sharma Advisor Hamed Shahbazi Director ▪ CEO of WELL Health Technologies, a consolidator of clinical and digital healthcare assets ▪ Director at BroadbandTV Our Board & Advisors 22
  • 23.
    1Includes 5,453,334 warrantsissuable upon conversion of convertible debentures Note: Information is current to March 25, 2022 SHARE STRUCTURE Common Shares Outstanding 83,888,640 Warrants(1) 23,704,699 Options 3,376,671 Deferred Share Units 1,250,000 Convertible Debentures 5,453,334 Fully Diluted Shares Outstanding 117,673,344 TICKER TSXV: HIRE SHARE PRICE $0.20 52-WEEK RANGE $0.15–$0.67 MARKET CAP $16.7M INSIDERS 15.5% CONVERTIBLE DEBENTURES Outstanding $1,636,000 Maturity July 31, 2023 Interest 9% paid Semi-Annually Conversion $0.30 / Unit One common Share One warrant $0.60 exercise Capital Structure 23
  • 24.
    Key Areas ofFocus ORGANIC GROWTH ACQUISITIONS FINANCIAL TECHNOLOGY INVESTOR RELATIONS Maximize revenue through cross-selling, geographic expansion and service diversification Focus on identifying and pursuing accretive acquisitions Strengthen balance sheet and optimize operating performance through synergies and scale Expand technology solutions to deliver on a technology-first strategy Enhance investor relations program to increase visibility and shareholder engagement 24
  • 25.
    CONTACT HIRE Technologies Inc. 55Adelaide St E, Suite 400 Toronto, ON, M5C 1K6 1.888.792.5320 info@hire.company www.hire.company Investor Relations investors@hire.company 647.556.4498 25