LiveOne : Investor Summary – November 2021

IVES

LiveOne, Inc. (NASDAQ: LVO) is a global platform for livestream and on-demand audio, video, podcast and vodcast content in music, comedy and

pop culture, and owner of Slacker Radio, PodcastOne, Custom Personalization Solutions, Gramophone Media, and React Presents.

LIVEONE, INC. (NASDAQ: LVO)

• Recent Share Price: $1.90 (as of Nov. 28, 2021)
• 52-WeekRange: $1.81 - $6.95
• Shares Outstanding: 79.0 million
• Market Capitalization: $150 million
• Cash: Approx. $16.7 million (as of Sep. 30, 2021)

FINANCIAL HIGHLIGHTS

• LiveOne recently reported a 142% YOY increase in revenue to $60.7 million for the six months ended Sep. 30, 2021, while Contribution Margin* increased 93% to$13.7 million during the same period.
• Company's Fiscal 2022 revenue guidance at $115 - $125 million and Adjusted Operating Income* at $0 $3 million (not including corporate overhead).
• In October 2021, the Company completed a corporate name change to "LiveOne, Inc." from "LiveXLive Media, Inc." and announced plans to rebrand its individual subsidiaries and businesses as the "ONE" brand.

LIVEONE, INC. (FY ends March 31st)

2018	- $7.2M
2019	- $33.7M
2020	- $38.7M
2021	- $65.2M
2022	- $115M - $125M (Company guidance)

LISTEN, WATCH, ATTEND,

ENGAGE AND TRANSACT

• LiveOne is the first talent-centric platform focused on superfans and building long-term franchises in audio music, podcasting, OTT linear channels, PPV, and livestreaming.
• Revenue model includes multiple monetization paths, including subscription, advertising, live events, sponsorship, PPV, merchandise sales, licensing, NFTs, and ticketing.
• LiveOne's integrated flywheel business model allows for the same content to be monetized many different times and in many different ways.
• Since January 2020, LiveOne livestreamed 221 events featuring 2,000+ artists generating content which has been viewed over 182 million times.

SUBSCRIBERS / DISTRIBUTION / REACH

1,330,000* Paid subscribers	146 events and 1,781 artists
as of Nov. 29, 2021	livestreamed across the LiveOne
Over 4.7 billion audio listens
platform during Fiscal 2021
since Jan 1, 2020	24-hourOTT streaming channel now
	reaches over 294M people

*See the Company's earnings release for 2nd quarter Fiscal 2022 filed on Form 8-K dated October 28, 2021

• PodcastOne now generates more than 2.48 billion downloads per year, has over 235 exclusive podcast shows and produces 300+ podcast episodes/week.
• PodcastOne founder, Norm Patiz, founded and built Westwood One into largest radio network in the U.S.
• Total social media reach across the exclusive talent roster of PodcastOne now exceeds 280 million.

Adam Carolla

Pitbull

Steve Austin

LadyGang

Court Junkie

Michael Cohen

Mike Tyson

Jay Cutler

	AN ENGAGING, MULTI-FACETED ECOSYSTEM
LINEAR AND OTT DISTRIBUTION	PAY-PER-VIEW

• Distribution via the LiveXLive app, available on iOS, Android, Roku, AppleTV, and Amazon Fire, among other platforms.
• Leverage existing distribution for music content on television and radio as well as new media distribution (music content is in great demand for global distribution networks) across over 220 countries.
• Additional distribution relationships in place with promotional partners such as O&O, STIRR, Twitch, Twitter, Facebook Live, Instagram, YouTube, Complex, and Dailymotion.
• LiveOne can produce premium live events for approx. $20K/hr., compared to current industry comps at approx. $500K/hr.
• LiveOne's 24-hour linear OTT streaming channel now reaches over 294 million people on Amazon Fire, Roku, Apple TV, SLING, Xumo, and ReachTV, streaming original content, artist interviews, concerts, festivals, ancillary event-related content and short-form video content from around the world.

SPONSORSHIP / ADVERTISING

• Expanded sponsorship deals now include Pepsi, McDonald's, KFC, Hyundai, Corona, Porsche, Chipotle, State Farm, Kia, White Claw, Mike's Hard Lemonade, and Mentos Pure Fresh Gum, and through LiveOne's multi-year livestream partnership with iHeartRadio, Progressive Insurance, Capital One, Ally Financial, Goya, Country Crock, St. Jude and OGX.

• Since launching its PPV platform in 2020, LiveOne has generated approx. $26.1 million of sales in live and pay-per-view related events.

Pitbull

Monsta X

Wonho

Social Gloves

Nelly

B.I.

Darius Rucker

Trace Adkins

MANAGEMENT / BOARD

• In May 2021, Kris Wright joined the Board, a senior executive in the Consumer Products Industry with more than 20 years of experience, including the last 10 at Nike and is currently Vice President of Global Men's Footwear Lifestyle Product.
• Management and Board include executives from:

OTHER INFO

• In October 2021, LiveOne completed its 6th acquisition by acquiring Gramophone Media, a brand development company comprised of boutique agencies, known for its innovative work discovering and managing international acts. The acquisition is expected to be immediately accretive to LiveOne's earnings and strengthen LiveOne's balance sheet.
• Analyst Coverage: JMP, DA Davidson, Ladenburg, H.C. Wainwright, Spartan and Alliance Global.
• To view release of LiveOne's Q2 2022 earnings issued October 28th,Click Here
• To view the most recent investor deck,Click Here

Email us for more information at [e-mail]• 269 South Beverly Drive, Suite 1450, Beverly Hills, CA 90212

This document and links herein contain "forward-looking statements" (FLS) within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These FLS represent management's current judgment and expectations, but actual results, events and performance could differ materially from those expressed or implied by these FLS. LivOne's (LVO) business is subject to numerous risks and uncertainties as described in LVO's filingswith the SEC availableat https://www.sec.gov/, including LVO's most recent Quarterly Report on Form 10-Q. These materials do not constitutean offer or solicitation to buy or sell any securities of LVO. Information provided November 29, 2021.