INVESTOR DAY
September 2023
TODAY'S AGENDA
CAUTIONARY STATEMENT & WELCOME | Joel Arnao, SVP, Financial Planning & Analysis | 9:00AM |
STRATEGIC OVERVIEW | Jonathan Fitzpatrick, President & CEO | 9:03AM |
BREAK | 9:45AM | |
OPERATIONAL EXCELLENCE | Danny Rivera, Chief Operating Officer | 10:00AM |
TAKE 5 LOYALTY | Danny Rivera, Chief Operating Officer | 10:20AM |
DRIVEN ADVANTAGE | Kyle Marshall, President. Platform Services | 10:30AM |
BREAK | 10:45AM | |
FINANCIALS | Gary W. Ferrera, Chief Financial Officer | 11:00AM |
LIVE Q&A | Jonathan, Gary, & Danny | 11:20AM |
LUNCH + EXHIBITS | 12:00PM | |
STORE TOURS - TRANSPORTATION PROVIDED | 12:45PM |
CAUTIONARY STATEMENT & WELCOME
Joel Arnao
SVP, Financial Planning & Analysis
NON-GAAP FINANCIAL MEASURES
This presentation also contains references to earnings before interest, taxes, depreciation, and amortization on an adjusted basis ("Adjusted EBITDA"), that is not based on accounting principles generally accepted in the United States ("GAAP"), or non-GAAP financial measures. Adjusted EBITDA is considered a non-GAAP financial measure under the Securities and Exchange Commission's ("SEC") rules because it
excludes certain amounts included in net income calculated in accordance with GAAP. Management believes that Adjusted EBITDA is a meaningful measure to share with investors because it facilitates comparison of the current performance with that of the comparable prior period. In addition, Adjusted EBITDA affords investors a view of what management considers to be Driven Brand's core operating performance as well as the ability to make a more informed assessment of such operating performance as compared with that of the prior period. Please see the company's Annual Report on Form 10-K for the fiscal year ended December 31, 2022, filed with the SEC on March 1, 2023, for additional information on Adjusted EBITDA.
This presentation also includes references to expected Adjusted EBITDA for Fiscal Years 2023 and 2026. These forward-looking estimates of Adjusted EBITDA have not reconciled to the most comparable GAAP measures because it is not possible to do so without unreasonable efforts due to the uncertainty and potential variability of reconciling items, which are dependent on future events and often outside of management's control and which could be significant. Because such items cannot be reasonably predicted with the level of precision required, we are unable to provide an outlook for comparable GAAP measures. Forward-looking estimates of Adjusted EBITDA are made in a manner consistent with the relevant definitions and assumptions noted herein and in our filings with the SEC.
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FORWARD LOOKING
STATEMENTS & DISCLAIMER
This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We may also make forward-looking statements orally during Investor Day, including to analysts, investors, representatives of the media and others. These forward-looking statements are generally identified by the use of forward-looking terminology, including the terms "anticipate,"
"believe," "continue," "could," "estimate," "expect," "intend," "likely," "may," "plan," "possible," "potential," "predict," "project," "should," "target,"
"will," "would" and, in each case, their negative or other various or comparable terminology. All statements other than statements of historical facts contained in this presentation, including statements regarding our strategy, future operations, future financial position, future capital allocation, future revenue, projected costs, prospects, plans, objectives of management, and expected market growth are forward-looking statements. In particular, forward-looking statements include, among other things, statements relating to: (i) our strategy, outlook, and growth prospects; (ii) our operational and financial targets and dividend policy; (iii) general economic trends and trends in the industry and markets; and (iv) the competitive environment in which we operate. Forward-looking statements are not based on historical facts but instead represent our current expectations and assumptions regarding our business, the economy and other future conditions, and involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. It is not possible to predict or identify all such risks. These risks include, but are not limited to, those described in the to the "Forward-Looking Statements" and "Risk Factors" sections of the Company's Annual Report on Form 10-K for the year ended December 31, 2022 and in our other filings with the Securities and Exchange Commission, which are available on its website at www.sec.gov. Given these uncertainties, you should not place undue reliance on these forward-looking statements.
Forward-looking statements speak only as of the date the statements are made. Driven Brands Holdings Inc. (the "Company") assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances or other changes affecting forward-looking information except as required by law.
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Driven Brands Holdings Inc. published this content on 20 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 September 2023 16:12:02 UTC.