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2020 4th Quarter Shareholder Update Call



Shareholder Update Call The Company is the recording of the shareholder update call from March 29th, 2021 at 12pm EDT. Michael Mo, KULR's CEO; Keith Cochran, President & COO, and Simon Westbrook, CFO, will provide a business update for the Company and answer questions submitted in advance. Fourth Quarter 2020 Financial Highlights: Fourth Quarter 2020 vs. Fourth Quarter 2019 Raised $8,000,000 of gross proceeds from sale of common stock and warrants. Increased shareholder equity from a deficiency of $525,612 at September 30, 2020 to a surplus of $6,118,552 by the end of the quarter ended December 31, 2020. Increase in revenue by 298% compared to the prior year corresponding quarter - mainly reflecting increased aerospace and government business. Improved gross margins from 48% in the quarter ended December 31, 2019 to 80% in the quarter ended December 31, 2020. - ADVERTISEMENT - Fourth Quarter 2020 and Recent Operational Highlights In March 2021, Keith Cochran joined KULR as President and COO. Mr. Cochr