2018 Investor Presentation

Management Team

Richard B. Cohen

Chairman of the Board, President and Chief Product Officer

Rick Cohen is Chairman of Symbotic’s Board of Directors, President and Chief Product Officer of Symbotic. He is also the Executive Chairman of both C&S Holdings and C&S Wholesale Grocers, Inc., where he is the third generation of the Cohen family to lead that company. Rick grew up in the C&S Wholesale Grocers business, working for his father during the summers until his graduation from college in 1974, when he went to work full-time at C&S Wholesale Grocers. Rick became Chairman, President and Chief Executive Officer of C&S Wholesale Grocers in 1989 and served as President until March 2014 and as Chief Executive Officer until January 2018, during which time he led the growth and expansion of C&S Wholesale Grocers into an industry leader in supply chain solutions and wholesale grocery supply. Rick holds a B.S. in accounting from the Wharton School of Business. He has also been awarded honorary doctorate degrees from Assumption College and Keene State College. Rick was selected to serve on the board of directors due to his extensive experience in the wholesale distribution business, his vision and experience in automation and his experience and track record in entrepreneurship, investment and business development and deep relationships in various industries.

Michael Loparco

Chief Executive Officer

Michael J. Loparco is Chief Executive Officer at Symbotic. In this role, he is responsible for leading Symbotic to enable the company's long-term strategic growth. Michael has more than 20 years of leadership experience in the high-tech industry with a focus on large-scale complex manufacturing, engineering and supply chains. Most recently, Michael served as the Executive Vice President and CEO of Electronics Manufacturing Services of Jabil Inc., one of the world’s largest providers of design, engineering and manufacturing solutions. During his time at Jabil, he helped lead the company through extensive growth and change through his long tenure in positions of increasing responsibility, including serving as head of the Engineered Solutions Group and Vice President of Business Development for Asia and Emerging Markets.

Michael has a J.D. from Stetson University College of Law and earned a B.S. in International Business from Eckerd College.

Bill Boyd

Chief Strategy Officer

Bill Boyd has served as Chief Strategy Officer of Symbotic since February 2020. In that role, Boyd is responsible for planning and directing various operational, financial, administrative and strategic activities for Symbotic. He has more than 12 years of extensive distribution and logistics industry experience. Since February 2020, Bill has also served as the Chief Legal Officer of C&S Wholesale Grocers. Prior to joining Symbotic, Bill served from April 2019 to February 2020 as the chief legal officer at Imperial Dade, a high-growth foodservice packaging and supplies distribution company. Bill also held the roles of general counsel and chief legal officer at C&S Wholesale Grocers from March 2009 to February 2018 and February 2018 to April 2019, respectively, and in those roles, Bill was involved in the initial investment by Rick Cohen in CasePick Systems, which later became Warehouse Technologies.

Bill has a diverse educational background, with a J.D. from Duke University, M.B.A. from Babson College and a B.A. in history and psychology from Williams College.

Tom Ernst

Chief Financial Officer

Tom Ernst has served as Chief Financial Officer of Symbotic since September 2020. He has 30 years of finance and technology leadership experience. Prior to joining Symbotic, Tom served as Chief Financial Officer of RealPage, a software company, from January 2019 to August 2020, where he led all finance, legal, mergers and acquisitions and strategy project management operations. From July 2015 to January 2019, Tom led his own strategy consulting firm, Tom Ernst Advisory, to leverage over twenty years of experience in investment banking and strategy consulting focused on the software industry. Prior to that, Tom served as a managing director at Goldman Sachs and senior equity research analyst at Deutsche Bank and Thomas Weisel Partners. Tom served as a Nuclear Engineer and Submarine Warfare Officer for five years on a fast attack submarine and served two years as the Military Training Department Head for the U.S. Navy boot camp.

Tom holds an M.B.A. from the University of Chicago Booth School of Business, and earned a B.S in mathematics from the University of Minnesota College of Science and Engineering.

Michael Dunn

Vice President, Sales, Marketing & Product Strategy

Michael Dunn has served as Vice President, Sales, Marketing & Product Strategy at Symbotic since May 2017. His team leads Symbotic’s customer relationships, helps define the direction of the Symbotic System to ensure it remains a world-class, market-leading solution and assists in identifying key partners to enable the organization and technology to scale alongside customer growth. Prior to joining Symbotic, Michael held the role of Group Vice President Sales & Marketing at Fortna from December 2008 to May 2017, where he and his team helped some of the world’s biggest brands transform their distribution operations into a competitive advantage. Before that, Michael was an early employee at Manhattan Associates, a global supply chain solutions provider, for 12 years. As Vice President of Sales at Manhattan Associates, he played an integral role in helping the company grow from a $5 million startup to a $300 million public company.

Michael is a Council of Supply Chain Management Professionals (CSCMP) member and graduate of Purdue University with B.S. in mechanical engineering.

George Dramalis

Chief Information Officer

George Dramalis has served as Chief Information Officer at Symbotic since June 2020. In that role, Dramalis is responsible for managing all Symbotic’s strategic information and technology services and procedures leading to outcomes that align with the company’s business goals. George brings over 20 years of experience in information services management. George has extensive industry experience, and prior to joining Symbotic, he was Chief Information Officer at C&S Wholesale Grocers from January 2011 to June 2020. Before that, he was Vice President and Chief Information Officer at Sharp Electronics Corporation. Prior to Sharp, George worked for KPMG Consulting as a manager of systems implementation, supporting clients such as Compaq, Deutsche Bank, Kodak, Tyson Foods and US Cellular.

George has a M.A. in economics and a M.A. in finance from Webster University Geneva, Switzerland.

Evan Pennell

Vice President, Product

Evan Pennell has served as Vice President of Product at Symbotic since July 2020. In that role, he is responsible for shaping the overall product strategy and technology roadmaps and aligning these with the business strategy and identifying and developing technologies that enable new product capabilities. Prior to joining Symbotic, from February 2017 to July 2020, Evan was Vice President of Design and Engineering – Lifestyle, a $3 billion business unit at Flex Ltd., overseeing a global design organization of 150 engineers and scientists. Prior to that, Evan held various engineering roles across the research and development and supply chain organizations and product management roles over a 24-year period at Procter & Gamble/Gillette where he led product management of several billion-dollar brands including Venus, Fusion Flexball and multiple emerging market brands.

Evan has a B.S. in mechanical engineering from the University Honors Program at Northeastern University.

Cristian Mori

VP of Controls & Advanced Product

As Vice President of Controls & Advanced Product, Office of the CTO Cristian Mori is responsible for managing all aspects related to Industrial Controls. Cristian is an experienced engineering and technology leader with a proven record in delivering innovative solutions and optimizing and scaling systems and processes. He will leverage this expertise to help Symbotic align with and achieve strategic product roadmap goals while providing leadership for the company’s engineering teams in Montreal, Canada. Prior to joining Symbotic Cristian led deployment and systems standardization at Rivian as Director of Industrial Automation and Control, Advanced Development. Previously, he led pivotal engineering and robotic & vision systems teams at Symbotic, iRobot, and Tenova Core. He received two prior patents for his work.

Cristian graduated from the University of Illinois with an M.S. in Computer Science & Data Science and holds a B.S. in Electrical Engineering from the University of Genoa (Italy).

Corey Dufresne

Vice President & General Counsel

As Vice President & General Counsel, Corey Dufresne heads Symbotic’s legal group with more than 20 years of experience in business and securities law, mergers and acquisitions, venture capital and corporate finance. Corey is responsible for leading Symbotic’s approach to technology licensing, regulatory compliance, intellectual property rights and all negotiations and business agreements. Corey joined Symbotic in 2011 after serving as Vice President, General Counsel and Corporate Secretary for Netezza Corporation, where he facilitated its acquisition by IBM. Prior to his role at Netezza, he spent nine years at WilmerHale in Boston in the Corporate Law section and two years as an associate at Jones Walker in New Orleans.

Corey graduated from Tulane Law School in New Orleans.

Board of Directors

Richard B. Cohen

Chairman of the Board, President and Chief Product Officer

Rick Cohen is Chairman of Symbotic’s Board of Directors, President and Chief Product Officer of Symbotic. He is also the Executive Chairman of both C&S Holdings and C&S Wholesale Grocers, Inc., where he is the third generation of the Cohen family to lead that company. Rick grew up in the C&S Wholesale Grocers business, working for his father during the summers until his graduation from college in 1974, when he went to work full-time at C&S Wholesale Grocers. Rick became Chairman, President and Chief Executive Officer of C&S Wholesale Grocers in 1989 and served as President until March 2014 and as Chief Executive Officer until January 2018, during which time he led the growth and expansion of C&S Wholesale Grocers into an industry leader in supply chain solutions and wholesale grocery supply. Rick holds a B.S. in accounting from the Wharton School of Business. He has also been awarded honorary doctorate degrees from Assumption College and Keene State College. Rick was selected to serve on the board of directors due to his extensive experience in the wholesale distribution business, his vision and experience in automation and his experience and track record in entrepreneurship, investment and business development and deep relationships in various industries.
Chairman of the Board

Rollin Ford

Director

Rollin Ford is a member of Symbotic’s Board of Directors. Before Symbotic became a public company, he served as a member of the advisory board of Symbotic’s then-parent entity, Warehouse Technologies LLC, from August 2016. Rollin retired in 2016 from Walmart, where he held several executive leadership roles during his 33-year career, including Chief Logistics Officer responsible for transforming and building the company’s global supply chain network. He was also Walmart’s CIO from 2006 to 2012 and was most recently the Chief Administrative Officer, where he focused on increasing efficiency and productivity around the world.

Rollin is currently on the Boards of Directors at Mercy Health System and John Brown University and on the advisory boards at Alert Innovation and AT Kearney. Ford holds a B.S. from Taylor University in Indiana.

Charles Kane

Director

Charles Kane is a member of Symbotic’s Board of Directors. Before Symbotic became a public company, he served as a member of the advisory board of Symbotic’s then-parent entity, Warehouse Technologies LLC, from October 2020. He has been a lecturer at the Massachusetts Institute of Technology (MIT) since 2006 and is currently an adjunct professor of International Finance at the MIT Sloan School of Management.

Charles is a Director and Strategic Advisor of One Laptop Per Child, a non-profit that provides computing and internet access for students in the developing world and was formerly its President and CEO. Previously, Charles was a founding investor and CFO of Global BPO Services Corp., a special purpose acquisition corporation. Charles was also the CFO of RSA Security (acquired by EMC); CFO of Aspen Technology; President and CEO of Corechange, Inc. (acquired by Open Text Corp.); and CFO of Informix Software (acquired by IBM).

Charles currently serves as a Board of Director at Alkami Technology, Inc. and Progress Software Corp. He previously served on the boards of Applix Inc., Borland Software Corporation, Carbonite, Inc. Demandware Inc., Netezza Corporation, and RealPage, Inc.

Charles is a Certified Public Accountant and holds an M.B.A. in international finance from Babson College and a B.B.A. in accounting from the University of Notre Dame

Todd Krasnow

Director

Todd Krasnow is a member of Symbotic’s Board of Directors. Before Symbotic became a public company, he served as a member of the advisory board of Symbotic’s then-parent entity, Warehouse Technologies LLC, from May 2016. He has served as the President of Cobbs Capital, Inc., a private consulting company since January 2005.

Previously, Todd was a marketing domain expert with Highland Consumer Fund, a venture capital firm that became Porchlight Equity in 2017, where he became an operating partner until 2019. Before Porchlight, Todd was the Chairman and CEO of Zoots, Inc., a dry-cleaning company, and was Executive Vice President of Sales and Marketing at Staples, Inc.

Todd has served as a member of the C&S Wholesale Grocers advisory board since 2006. He currently serves as a Board of Director at Ecentria and Kids2 Inc. He previously served on the boards of Bakkavor, LTD, Carbonite, Inc., and Tile Shop Holdings, Inc.

Todd holds an M.B.A. from the Harvard Business School and a B.S. in chemistry from Cornell University.

Michael Loparco

Chief Executive Officer

Michael J. Loparco is Chief Executive Officer at Symbotic. In this role, he is responsible for leading Symbotic to enable the company's long-term strategic growth. Michael has more than 20 years of leadership experience in the high-tech industry with a focus on large-scale complex manufacturing, engineering and supply chains. Most recently, Michael served as the Executive Vice President and CEO of Electronics Manufacturing Services of Jabil Inc., one of the world’s largest providers of design, engineering and manufacturing solutions. During his time at Jabil, he helped lead the company through extensive growth and change through his long tenure in positions of increasing responsibility, including serving as head of the Engineered Solutions Group and Vice President of Business Development for Asia and Emerging Markets.

Michael has a J.D. from Stetson University College of Law and earned a B.S. in International Business from Eckerd College.

Vikas J. Parekh

Director

Vikas Parekh is a member of Symbotic’s Board of Directors. He is a Managing Partner at SoftBank Investment Advisers where he focuses on investing in enterprise software and emerging technologies. Vikas has made investments and holds director seats across public and private markets. Prior to joining SoftBank in 2016, Vikas worked in private equity at KKR and at Boston Consulting Group.

Vikas holds an M.B.A. from Harvard Business School, an M.S. in Electrical and Computer Engineering and B.S. in Electrical Engineering from Georgia Institute of Technology.

Michael Rhodin

Director

Michael Rhodin is a member of Symbotic’s Board of Directors. Before Symbotic became a public company, he served as a member of the advisory board of Symbotic’s then-parent entity, Warehouse Technologies LLC, from January 2021. Michael retired in 2017 from IBM, where he held severance executive leadership roles, including most recently serving as Senior Vice President of IBM’s Software Solution and Watson businesses.

Michael currently serves as a board member of private equity-backed technology companies, HZO, Inc. and Acoustic, LP. In addition, Michael has served as a member of the Supervisory Board of TomTom and on the International Advisory Board for Santander Group. He also serves on the Board of Directors for Open Digital Systems, a digital bank technology subsidiary of Santander Group.

Michael has a B.S. in computer science from the University of Michigan.

 

Merline Saintil

Director

Merline Saintil is a member of Symbotic’s Board of Directors. Before Symbotic became a public company, she served as a member of the advisory board of Symbotic’s then-parent entity, Warehouse Technologies LLC, from October 2021. Merline’s prior roles included Chief Operating Officer, R&D-IT at Change Healthcare Inc.; Head of Operations, Product and Technology at Intuit; and as Head of Operations of Mobile and Emerging Products at Yahoo.

Merline serves as a board member of Banner Corporation, Alkami Technology, Lightspeed Commerce Inc., Gitlab Inc., Evolv Technologies Holdings, Inc., Rocket Lab USA, Inc., and TD SYNNEX Corporation.

Merline has an M.S. from Carnegie Mellon and a B.S. from Florida Agricultural and Mechanical University.