CommerceHubCustomer Value Proposition Element Importance Comments Solving a complex CHUB SaaS solutions enable retailers 1 supply chain and to interact seamlessly with suppliers integration challenge while ensuring great end customer experience. This is a non-trivial task. - Retailers always drop some suppliers 2 Continuous Onboarding of and sign new ones. Suppliers - Onboarding suppliers takes lots of time from retailers and costs money. - CHUB takes care of that. Caro-Kann Capital LLC 17

CommerceHub: Uniquely Levered to E-Commerce Growth - Page 18 CommerceHub: Uniquely Levered to E-Commerce Growth Page 17 Page 19