Karat IPO Presentation Deck
OUR HISTORY
Alan Yu
• Co-Founder
• Chairman & CEO
•
Two decades of experience as co-founder,
Chairman and CEO
•
48.5% beneficial ownership of the Company
prior to the IPO
Founded as Lollicup USA Inc.
in San Gabriel, CA to
establish bubble tea stores
nationwide
2000
E-Commerce website
established at
www.lollicupstore.com
2004
+
Established Karat Earth® as
an eco-friendly line of
foodservice products
Lollicup's business expanded
to the sale and distribution of
foodservice supplies
2006
2008
Lollicup grew to more
than 60 stores from a
single store in 2000
CONFIDENTIAL
Began manufacturing
products under the Karat
brand in the Chino, CA
facility
2013
Ann Sabahat
.
•
2014
Sold the retail tea
business to focus
on distribution of
packaging and
supplies
CFO
CPA with 25+ years experience of
financial management experience
2018
Rockwall, TX
facility opened
618 2019
Karat Packaging
Inc. incorporated
with Lollicup as its
wholly-owned
subsidiary
Pacific Cup
acquired
2020
2021
Branchburg, NJ
facility opened
Karat
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