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Format: PDF investor_presentation
Aaron's investor presentation dated April 2022.
Special Note Regarding Forward -Looking Information
& Use of Non -GAAP Information
1Statements in this presentation regarding our business that are not historical facts are “forward -looking statements” that invol ve risks and uncertainties which could cause actual
results to differ materially from those contained in the forward -looking statements. Such forward -looking statements generally can be identified by the use of forward -looking
terminology, such as “remain,” “believe,” “outlook,” “expect,” “assume,” “assumed,” and similar terminology. These risks and uncertainties include factors such as ( i) any ongoing
impact of the COVID -19 pandemic due to new variants or efficacy and rate of vaccinations, as well as related measures taken by g overnmental or regulatory authorities to combat the
pandemic, including the impact of federal vaccine mandates on our workforce and whether additional government stimulus paymen ts or supplemental unemployment benefits will
be approved, and the nature, amount and timing of any such payments or benefits, (ii) the possibility that the operational, s trategic and shareholder value creation opportunities
expected from the separation and spin -off of the Aaron’s Business into what is now The Aaron’s Company, Inc. may not be achieved in a timely manner, or at all; (iii) the failure of that
separation to qualify for the expected tax treatment; (iv) the risk that the Company may fail to realize the benefits expecte d from the acquisition of BrandsMart , including projected
synergies; (v) risks related to the disruption of management time from ongoing business operations due to the acquisition; (v i) failure to promptly and effectively integrate the
BrandsMart acquisition; (vii) the effect of the acquisition on our operating results and businesses and on the ability of Aaron's and BrandsMart to retain and hire key personnel or
maintain relationships with suppliers; (viii) changes in the enforcement and interpretation of existing laws and regulations and the adoption of new laws and regulations that may
unfavorably impact our business; (ix) legal and regulatory proceedings and investigations, including those related to consume r protection laws and regulations, customer privacy,
third party and employee fraud and information security; (x) the risks associated with our strategy and strategic priorities not being successful, including our e -commerce and real
estate repositioning and optimization initiatives or being more costly than anticipated; (xi) risks associated with the chall eng es faced by our business, including the commoditization
of consumer electronics and our high fixed -cost operating model; (xii) increased competition from traditional and virtual lease -to-own competitors, as well as from traditional and
online retailers and other competitors; (xiii) financial challenges faced by our franchisees; (xiv) increases in lease mercha ndise write -offs, and the potential limited duration and impact
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