ANNUAL REPORT STATE OF THE INDUSTRY 2021A year of The vending and micro market retail channel regained most of 2020's losses, but sales remained 13% behind 2019's benchmark high. By Nick Montano, Contributor CHART 1A: Industry revenue in billions 23.50 19.31 19.69 20.17 20.90 21.60 22.0 19.40 Growing 13.30 Staying the same Declining 24.20 RAPID RECOVERY CHART 1B: Micro market 2-year review 2021 2020 49.5% 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 CHART 2: Operator sales SIZE REVENUE RANGE Small Medium Large Extra large under $1M $1M - $4.9M $5M - $9.9M $10M + % OF 2021 OPERATORS 58.2% 30.6% 5.6% 5.6% PROJECTED 2021 SALES $1.261B $4.520B $4.016B $9.603B % OF 2021 SALES 6.50% 23.30% 20.70% 49.50% of the industry's revenue is made up of 5.6% of the businesses 14 Automatic Merchandiser * June/July 2022 BILLIONS OF DOLLARS 36.84% 87% 15.79% 0% 47.37% 13%