SHIFT TECHNOLOGIES INC

Shift Technologies, Inc. (https://shift.com/) is an end-to-end ecommerce platform engaged in transforming the used car industry with a technology-driven, hassle-free customer experience. It operates through two segments: Retail and Wholesale. Retail segment represents retail sales of used vehicles through the ecommerce platform and fees earned on sales of value-added products associated with those vehicles sales such as vehicle service contracts, asset protection waiver coverage, prepaid maintenance plans, and appearance protection plans. Wholesale segment represents sales of used vehicles through wholesale auctions or directly to a wholesaler. The Company provides digital solutions throughout the car ownership lifecycle, which includes finding the right car, having a test drive brought to user before buying the car, a digitally driven purchase transaction including financing and vehicle protection products, digital trade-in/sale transaction, and focuses on providing support services during car ownership.

• SHIFT TECHNOLOGIES INC