DSG Global Small Cap Research Report

Investment and Company Research Opportunity Research TRADE ALERT www.goldmanresearch.com Copyright © Goldman Small Cap Research, 2021 Page 2 of 8 DSG GLOBAL, INC. Poised to Generate Outsized Stock Gains Ahead of June NASDAQ Up-List Rob Goldman May 24, 2021 rob@goldmanresearch.com DSG GLOBAL, INC. (OTCQB – DSGT - $0.2197) Industry: Diversified Tech Segments: EV, Fleet Management COMPANY SNAPSHOT DSG Global is an emerging global technology company with an array of interconnecting businesses in some of the fastest growing market sectors. With roots in the golf industry in which it specializes in fleet management with patented analytics, mobile touch screen engagement and electric golf carts under the Vantage Tag Systems (VTS) brand, the company is moving quickly with road-ready electric vehicles for sale in the first quarter of 2021 through its Imperium Motor Company subsidiary. KEY STATISTICS Price as of 5/21/21 $0.2197 52 Week High – Low $1.52 - $0.01 Est. Shares Outstanding 110.6M Market Capitalization $24.3M Average Volume 1,111,950 Exchange OTCQB COMPANY INFORMATION DSG Global, Inc. 207-15272 Croydon Dr Surrey BC V3Z 6T3 CANADA Web: www.DSGTGlobal.com Email: info@dsgtglobal.com Phone : 604.575.3848 INVESTMENT HIGHLIGHTS In our view, DSGT’s shares are set to enjoy outsized growth ahead of and following their up-list to NASDAQ, which we believe will occur sometime in June 2021. Our thesis is based upon typical up-list catalysts and re-valuations. DSGT is a diversified technology firm with subsidiaries that offer one of the most diverse and most affordable electric vehicle (EV) lineups in the space, and globally deployed fleet management systems. New vehicle introductions and installations in the coming weeks and months could serve as catalysts to drive awareness, revenue and market value. The EV market is one of the fastest growing industries in the U.S. and around the world. According to Allied Market Research, the global EV market is expected to grow from $11.9B in 2017 to $56.7B in 2025. DSGT began booking EV sales in 1Q21 and going forward will be selling a broad lineup of consumer and commercial vehicles, via exclusive North American distribution rights with key manufacturers abroad. The lineup includes cars, SUVs, trucks, e-bikes, scooters, cargo vans, buses, and low-speed vehicles sold through its subsidiary’s dealer network. We believe DSGT could reach the $0.50 - $0.60 mark, prior to the up-list. This range is based upon a high-level view of potential revenue from EV sales this year, relative peer valuations, and the impact of corporate and capital markets catalysts pre and post the up-listing of the stock.