Stack Capital Holding Locus Robotics Expands Global Partnership With DHL Supply Chain

Stack Capital Group is pleased to announce that Locus Robotics, Inc. (“Locus”), an existing portfolio holding has successfully expanded its business partnership with DHL Supply Chain, the world’s leading logistics provider.

Representing the industry’s largest autonomous mobile robotics (“AMR”) deal to date, DHL will deploy 5,000 Locus Origin AMRs across its global network of warehouses and distribution centers, which is expected to be fully integrated into DHL’s operations by year end. The expanded fleet of Locus AMRs with advanced automation technology will allow DHL to further optimize its supply chain operations, improve worker productivity, order accuracy, speed, and overall efficiency; while enhancing DHL’s capabilities in e-commerce fulfillment, retail replenishment, and pharmaceutical & healthcare logistics.

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“This exciting announcement further validates the value and strength of Locus’ industry-leading robotics technology,” said Jeff Parks, CEO of Stack Capital. “Without question, Locus has become a critical partner for DHL and is helping the world’s leading logistics provider digitize its warehouses, distribution, and fulfillment centers to efficiently meet the challenges associated with labor shortages, increasing order volumes, and rising consumer expectations. Stack Capital remains confident in the outlook for Locus and believes that its leadership team is on a path to delivering continued growth.”

Stack Capital is an investment holding company and its business objective is to invest in equity, debt and/or other securities of growth-to-late-stage private businesses. Through Stack Capital, shareholders have the opportunity to gain exposure to the diversified private investment portfolio; participate in the private market; and have liquidity due to the listing of the Common Shares and Warrants on the TSX. At the same time, the public structure also allows the Company to focus its efforts on maximizing long-term performance through a portfolio of high growth businesses, which are not widely available to most Canadian investors. SC Partners Ltd. (the “Manager”) has taken the initiative in creating the Company and acts as the Company’s administrator and is responsible to source and advise with respect to all investments for the Company.

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