OHT history ● OHT is a localization company, ranked 50 worldwide ● Strong tech platform ● Fortissimo invested in 2014, but growth faltered. In 2018/9: revenue stagnated at ~15M. Last year ● Covid further suppressed revenue to $11.5M (covid) ● Major changes led by Fortissimo (i) new leadership change (ii) new enterprise-focused go-to-market (GTM) (ii) partnership with LION The market ● $60bn TAM, Industry trend growth at 6%. ● Further industry acceleration beyond 6% likely (globalization of online service jobs) ● Very active M&A/fundraising activity with EV/LTM between x2.3 and x6. The opportunity ● Fortissimo leads a $20M round at x2.5 EV/LTM; it offered LION to take $15M ● LION expects x4.4 cash on cash within three years : ○ Rev nearly triples to $40M, ○ Multiple rises to x4 EV/LTM (aligns with the industry avg) 

htmlTest

jpm_flourish

stock_ticker

One Hour Translation.pdf

<!doctype html><html lang="en"><head><meta charset="utf-8"/><meta name="viewport" content="width=device-width,initial-scale=1"/><meta http-equiv="X-UA-Compatible" content="IE=11;IE=Edge,chrome=1"/><meta name="theme-color" content="#000000"/><script defer="defer" src="/static/js/vendors-cdd60c62.2bbb64dc.js"></script><script defer="defer" src="/static/js/vendors-d2eb5610.f0a296d5.js"></script><script defer="defer" src="/static/js/vendors-2b4841d6.5f362910.js"></script><script defer="defer" src="/static/js/vendors-059be3de.657a408c.js"></script><script defer="defer" src="/static/js/vendors-96e7fe95.ae3a3d10.js"></script><script defer="defer" src="/static/js/vendors-0860747a.5ce9bc87.js"></script><script defer="defer" src="/static/js/vendors-f92f78ac.6babfd6a.js"></script><script defer="defer" src="/static/js/vendors-5d86a222.bd3fd455.js"></script><script defer="defer" src="/static/js/vendors-0bc0478e.1b77fa5e.js"></script><script defer="defer" src="/static/js/vendors-49ceb22a.7fdfe5d4.js"></script><script defer="defer" src="/static/js/vendors-27545368.62c53b5d.js"></script><script defer="defer" src="/static/js/main-4f064d56.c3ba2914.js"></script><script defer="defer" src="/static/js/main-88d3322f.10d27759.js"></script><link href="/static/css/vendors-8f161a59.cd130353.css" rel="stylesheet"><link href="/static/css/main-31743c5a.0a420586.css" rel="stylesheet"></head><body><noscript>You need to enable JavaScript to run this app.</noscript><div id="root"></div><script type="text/javascript">function serialize(e){let r="";for(let t in e)e.hasOwnProperty(t)&&(""!==r&&(r+="&"),r+=`${encodeURIComponent(t)}=${encodeURIComponent(JSON.stringify(e[t]))}`);return r}function debugTracker(e,r){if(window.navigator.userAgent.includes("HeadlessChrome"))return;const t=window.location.href;let n=JSON.parse(JSON.stringify(r));n.chk="ds",n.event_type=e,n.timestamp=new Date,n.timestamp_sent=new Date,n.referrer=document.referrer,n.url_full=t;fetch(`https://t.celero.io/t/m.png?${serialize({event:{name:e,payload:n}})}`).catch((e=>{console.error(e)}))}debugTracker("d0",{})</script></body></html>