II ·ENTIV Making the Physical World Digital & Secure INVESTOR PRESENTATION September 2021 © 2021 Identiv, Inc. | All Rights Reserved | NASDAQ: INVE Safe Harbor Note Regarding Forward-Looking Information This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are those involving future events and future results that are based on current expectations as well as the current beliefs and assumptions of the Compan ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) 2201 Walnut Avenue, Suite 100 Fremont, California 94538 ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 000-29440 IDENTIV, INC. (Exact Name of Registrant as Specified ...

Identiv, Inc. (NASDAQ:INVE) Q2 2021 Results Conference Call August 3, 2021 5:00 PM ET Company Participants Steve Humphreys - Chief Executive Officer Sandra Wallach - Chief Financial Officer Manfred Mueller - Chief Operating Officer and General Manager, Identity Conference Call Participants Craig Ellis - B. Riley FBR Jaeson Schmidt - Lake Street Capital Markets Michael Latimore - Northland Capital Markets Operator Good afternoon. Welcome to Identiv’s Presentation of its second quarter 2021 earnings call. My ...

PART I. FINANCIAL INFORMATION [Financial Statements (Unaudited)](index=3&type=section&id=Item%201.%20Financial%20Statements%20(Unaudited)) Unaudited Q1 2021 financial statements show a **22%** net revenue increase to **$22.2 million**, a **$1.5 million** net loss, and improved operating cash flow [Condensed Consolidated Balance Sheets](index=3&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) As of March 31, 2021, total assets were **$78.3 million**, liabilities **$45.3 million**, and stockholders' equity **$33.0 million** Condensed Consolidated Balance Sheets (in thousands) | Account | March 31, 2021 | December 31, 2020 | | :--- | :--- | :--- | | **Assets** | | | | Cash and cash equivalents | $11,518 | $11,409 | | Total current assets | $52,802 | $53,445 | | **Total assets** | **$78,266** | **$78,677** | | **Liabilities & Equity** | | | | Total current liabilities | $42,717 | $41,573 | | **Total liabilities** | **$45,286** | **$44,488** | | **Total stockholders' equity** | **$32,980** | **$34,189** | | **Total liabilities and stockholders' equity** | **$78,266** | **$78,677** | [Condensed Consolidated Statements of Comprehensive Loss](index=4&type=section&id=Condensed%20Consolidated%20Statements%20of%20Comprehensive%20Loss) Q1 2021 net revenue increased **22%** to **$22.2 million**, with net loss narrowing to **$1.5 million** and improved loss per share Q1 2021 vs Q1 2020 Performance (in thousands, except per share data) | Metric | Three Months Ended March 31, 2021 | Three Months Ended March 31, 2020 | | :--- | :--- | :--- | | Net revenue | $22,162 | $18,120 | | Gross profit | $7,692 | $7,500 | | Loss from operations | $(1,222) | $(1,849) | | Net loss | $(1,465) | $(2,047) | | Net loss per share (Basic & Diluted) | $(0.09) | $(0.13) | [Condensed Consolidated Statements of Stockholders' Equity](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Stockholders'%20Equity) Stockholders' equity decreased to **$33.0 million** by March 31, 2021, primarily due to a **$1.5 million** net loss - Stockholders' equity decreased by **$1.2 million** during Q1 2021, from **$34,189 thousand** to **$32,980 thousand**[13](index=13&type=chunk) - The main drivers for the decrease in equity were the net loss of **$1,465 thousand** and an unrealized loss from foreign currency translation of **$283 thousand**[13](index=13&type=chunk) [Condensed Consolidated Statements of Cash Flows](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Q1 2021 net cash used in operations improved to **$0.4 million**, with investing activities using **$1.1 million** and financing providing **$2.0 million** Cash Flow Summary (in thousands) | Cash Flow Activity | Three Months Ended March 31, 2021 | Three Months Ended March 31, 2020 | | :--- | :--- | :--- | | Net cash used in operating activities | $(411) | $(3,709) | | Net cash used in investing activities | $(1,131) | $(137) | | Net cash provided by financing activities | $1,963 | $3,412 | | **Net increase (decrease) in cash** | **$109** | **$(687)** | [Notes to Unaudited Condensed Consolidated Financial Statements](index=7&type=section&id=Notes%20to%20Unaudited%20Condensed%20Consolidated%20Financial%20Statements) Notes detail accounting policies, revenue disaggregation, financial liabilities, segment performance, and a **$37.9 million** subsequent stock offering - Revenue disaggregated by geography shows Americas at **68%** and Asia-Pacific growing to **21%** YoY in Q1 2021, with **$21.3 million** recognized at a point-in-time[36](index=36&type=chunk)[93](index=93&type=chunk) - As of March 31, 2021, total financial liabilities were **$22.5 million**, including a **$16.8 million** revolving loan facility and a **$2.9 million** PPP loan[56](index=56&type=chunk) - Subsequent to quarter-end, on April 7, 2021, the company raised net proceeds of approximately **$37.9 million** from a public stock offering[104](index=104&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=24&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management attributes **22%** Q1 2021 revenue growth to the Identity segment, despite a gross margin decline, with liquidity strengthened by a **$37.9 million** stock offering [Overview and Segments](index=24&type=section&id=Overview%20and%20Segments) Identiv provides secure identification and physical security through two segments: Identity and Premises - The company's mission is to digitally enable physical objects and places, creating smart physical security[111](index=111&type=chunk) - Operations are organized into two segments: Identity and Premises[112](index=112&type=chunk) [Results of Operations](index=26&type=section&id=Results%20of%20Operations) Q1 2021 net revenue increased **22%** to **$22.2 million**, driven by **38%** Identity segment growth, with gross margin declining to **35%** Segment Performance Q1 2021 vs Q1 2020 (in thousands) | Segment | Net Revenue 2021 | Net Revenue 2020 | % Change | Gross Profit 2021 | Gross Profit 2020 | % Change | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Identity | $13,658 | $9,886 | 38% | $3,359 | $2,974 | 13% | | Premises | $8,504 | $8,234 | 3% | $4,333 | $4,526 | (4%) | | **Total** | **$22,162** | **$18,120** | **22%** | **$7,692** | **$7,500** | **3%** | - Overall gross profit margin decreased to **35%** from **41%** YoY, primarily due to a product mix shift towards lower-margin RFID transponders[129](index=129&type=chunk)[130](index=130&type=chunk) - Total operating expenses decreased by **5%** YoY, driven by lower R&D, Selling & Marketing, and G&A costs[123](index=123&type=chunk) [Liquidity and Capital Resources](index=29&type=section&id=Liquidity%20and%20Capital%20Resources) As of March 31, 2021, cash was **$11.5 million**, with liquidity bolstered by a **$37.9 million** April 2021 stock offering - On April 7, 2021, the company sold **3,779,342** shares of common stock, receiving net proceeds of approximately **$37.9 million**[148](index=148&type=chunk)[162](index=162&type=chunk) - The company amended its Loan and Security Agreement with East West Bank on February 8, 2021, providing for a **$20.0 million** revolving loan facility[149](index=149&type=chunk) - The company repaid the remaining **$2.8 million** principal on its promissory notes to April 21 Funds on April 13, 2021[157](index=157&type=chunk) - The company has a **$2.9 million** loan under the Paycheck Protection Program (PPP), expected to be forgiven in 2021[159](index=159&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=33&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) Disclosure for this item is not required as the company qualifies as a smaller reporting company - Disclosure for this item is not required[173](index=173&type=chunk) [Controls and Procedures](index=33&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective as of March 31, 2021, with no material changes to internal controls - The CEO and CFO concluded that the company's disclosure controls and procedures were effective as of the end of the period[175](index=175&type=chunk) - No material changes were made to internal control over financial reporting during Q1 2021[176](index=176&type=chunk) PART II. OTHER INFORMATION [Legal Proceedings](index=34&type=section&id=Item%201.%20Legal%20Proceedings) The company may face legal claims in the ordinary course of business, with uncertain outcomes - The company may become subject to claims arising in the ordinary course of business, with uncertain outcomes[177](index=177&type=chunk) [Risk Factors](index=34&type=section&id=Item%201A.%20Risk%20Factors) No material changes to risk factors from 2020 10-K, but a new risk highlights supply chain dependency and potential disruption - No material changes from the risk factors disclosed in the 2020 Annual Report on Form 10-K, other than an added risk[178](index=178&type=chunk) - A new risk factor highlights vulnerability to supply disruption from reliance on suppliers, citing the 2021 global semiconductor shortage[179](index=179&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=34&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) In Q1 2021, the company repurchased **25,327** common shares to satisfy tax withholding for RSU vesting - In Q1 2021, the company repurchased **25,327** shares of common stock to satisfy tax withholding obligations for RSU vesting[180](index=180&type=chunk) [Exhibits](index=35&type=section&id=Item%206.%20Exhibits) This section lists exhibits filed with the Form 10-Q, including a waiver, CEO/CFO certifications, and XBRL data files - The report includes exhibits such as a waiver, CEO/CFO certifications, and XBRL data files[182](index=182&type=chunk)

Identiv, Inc. (NASDAQ:INVE) Q1 2021 Earnings Conference Call May 6, 2021 5:00 PM ET Company Participants Steve Humphreys - Chief Executive Officer Sandra Wallach - Chief Financial Officer Manfred Mueller - Chief Operating Officer and General Manager Conference Call Participants Jaeson Schmidt - Lake Street Capital Markets Mike Latimore - Northland Capital Markets Craig Ellis - B. Riley Securities Jeff Kessler - Imperial Capital Operator Good afternoon. Welcome to Identiv's Presentation of its First Quarter ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K For the transition period from to COMMISSION FILE NUMBER 0-29440 IDENTIV, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 77-0444317 (State or other jurisdiction of (I.R.S. Employer Incorporation or organization) Identification Number) 2201 Walnut Avenue, Suite 100, Fremont, California 94538 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (949) 250-88 ...

Identiv, Inc. (NASDAQ:INVE) Q4 2020 Earnings Conference Call March 4, 2021 5:00 PM ET Company Participants Steven Humphreys - Chief Executive Officer Sandra Wallach - Chief Financial Officer Conference Call Participants Jaeson Schmidt - Lake Street Capital Jeff Kessler - Imperial Capital Operator Good afternoon and welcome to Identiv's Presentation of its Fourth Quarter and Fiscal Year 2020 Earnings Call. My name is Catherine and I will be your operator this afternoon. Joining us for today's presentation ar ...

Identiv, Inc. (NASDAQ:INVE) Q3 2020 Earnings Conference Call November 10, 2020 5:00 PM ET Company Participants Steve Humphreys - Chief Executive Officer Sandra Wallach - Chief Financial Officer Conference Call Participants Jaeson Schmidt - Lake Street Capital Mike Latimore - Northland Capital Markets Operator Good afternoon. Welcome to Identiv's Presentation of its Third Quarter 2020 Earnings Call. My name is Karen, and I will be the operator this afternoon. Joining us for today's presentation are the compa ...

NASDAQ: INVE | --- | --- | --- | |--------------------------------------------|-------|-------| | | | | | | | | | Making the Physical World Digital & Secure | | | | | | | | | | | | INVESTOR PRESENTATION | | | | September 2020 | | | | | | | Safe Harbor Note Regarding Forward-Looking Information This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are those involving future events and future results that ar ...

Identiv, Inc. (NASDAQ:INVE) Q2 2020 Earnings Conference Call August 6, 2020 5:00 PM ET Company Participants Steve Humphreys – Chief Executive Officer Sandra Wallach – Chief Financial Officer Conference Call Participants Mike Latimore – Northland Securities Jeff Kessler – Imperial Capital Jaeson Schmidt – Lake Street Capital Operator Good afternoon. Welcome to Identiv's presentation of its Second Quarter 2020 Earnings Call. My name is Rochanne, and I will be the operator this afternoon. Joining us for today' ...