HireQuest : January 2021 Investor Presentation

Investor Presentation

January 2021

Safe Harbor Statement

This presentation and other documents referenced herein include, and our officers and representatives may from time to time make or provide, certain estimates and other forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Exchange Act including, among others, statements with respect to the Company's future revenues, including opportunities to expand revenues without compromising margins, system-wide sales, earnings and income, profitability, the impact of any global pandemic including the novel coronavirus disease ("COVID-19"), strategies, including with respect to future acquisitions and conversion to franchises, operating margins at the corporate of franchisee level, our plans to expand geographically and increase national accounts, prospects, capital outlays, consequences, and all other statements that are not purely historical and that may constitute statements of future expectation. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "effect," "strategy," "future," "likely," "may," "should," "will," and similar references to future periods. While we believe these statements are accurate, forward-looking statements are not historical facts and are inherently uncertain. They are based only on current beliefs, expectations, and assumptions regarding the future of our business, future plans, and strategies, projections, anticipated events and trends, the economy, and other future conditions. We cannot assure you that these expectations will occur, and our actual results may be significantly different. You should not place undue reliance on forward-looking statements. Factors that may cause actual results to differ materially from those contemplated in any forward-looking statements made by us are sometimes presented within the forward-looking statements themselves or are otherwise discussed in filings we make with the United States Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K for the year ended December 31, 2019 and Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, that are available on our website: http://www.hirequest.com or on the SEC's website. Any forward-looking statement made by us in this presentation is based only on information currently available to us and speaks only as of the date on which it is made. The Company disclaims any obligation to update or revise any forward-looking statement, whether written or oral, that may be made from time to time, based on the occurrence of future events, the receipt of new information, or otherwise, except as required by law.

© 2020 HireQuest, Inc. All Rights Reserved.

Nasdaq: HQI

2

Who We Are

• Nationwide franchisor of on-demand labor solutions in the light industrial and blue-collar segments of the staffing industry
• Profitable franchise-centric model
• Created by a merger of HireQuest and Command Center in July 2019
• 138 franchised offices in 30 states and the District of Columbia
• Provider of annual employment for ~80,000 field team members working for thousands of clients
• Serving customers such as construction, recycling, warehousing, logistics, auctioneering, manufacturing, disaster cleanup, janitorial, special events, hospitality, landscaping, and retail

3Q20 Trailing 12 Months Net Income (Adjusted for merger costs)1

$8.2M

Net Profit Margin

55.1%

Client Partnerships

6,000+

3Q20 Trailing 12 Months

EBITDA (Adjusted for

merger costs)2

$9.2M

Branches

135+

Market Capitalization

$139M

1. Combined basis - unaudited historical data for HireQuest and Command Center. Not necessarily indicative of what revenues would have been had the merger occurred at the beginning of the period shown.
2. See Appendix for reconciliation of non-GAAP financial measures to GAAP.

Nasdaq: HQI

3

Strategic Merger Creates Meaningful Scale

All-stock transaction valued at ~$26.7 million was completed in July 2019 to combine

business operations of HireQuest and Command Center

	HireQuest	Command
	(Private)	Center
		(Public)
2018 System	$189.3M	$97.4M
Wide Sales
2018 Revenue	$13.0M	$97.4M
2018 Operating	$7.2M	$1.2M
Income
	93 franchised	67 corporately-
# of Locations	owned
branches
	branches
States	20	22

Combined Entity: HireQuest, Inc.

• Created immediate scale…140 offices in 31 states and D.C.
• Proven model to transition corporately-owned offices to franchise model
• Limited areas of geographic overlap
• Capitalized on economies of scale
• Brought proven HQ management team to troubled CCNI situation
• Post-integration:profitable and generating cash

Nasdaq: HQI

4