Alphacentric Robotics & Automation Fund Presentation 2Q2021

AlphaCentric Robotics & Automation Fund

, GNXIX . Focuses on companies that design and build Robotics & Automation systems and components worldwide GNXAX . Seeks meaningful positions in smaller, innovative, high-growth companies GNXCX . Actively manages valuations, risk, and asset class volatility

The Global Robotics Market is projected to grow at a compound annual growth rate of approximately 26% $285.68B to top $250 billion USD by 2026 2026 $233.05B

2025 $188.58B

2024 $140.37B

2023 $101.61B

$71.65B 2022 $59.56B $57.12B 2021 2019 2020

Total Projected Industrial & Non-Industrial Robotics Revenue, World Markets: 2019 to 2026 Source: Omdia

2 | ALPHACENTRIC ROBOTICS & AUTOMATION FUND | GNXIX . GNXAX . GNXCX Robotics Growth Drivers

"Improving automation processes is the most-cited business goal for companies for the next two years." - 2020 Honeywell Intelligrated Automation Investment Study

Robot Prices vs Labor Costs Index of average robot prices and labor compensation in Honeywell Industry Survey, September 2020 manufacturing in United States (1990 = 100%) Top Three Business Goals, Next 1-2 Years 220 Improve Automation Process 37% 200 Attract New Customers 32% LABOR COSTS 180 Improve Financial Performance 29%

160 Scale or Grow Operations 29% Improve Customer Experience 25% 140 Increase Reliability of Operations or Services 24% 120 Improve Data and Information Security 23% 100 Increase Market Share 23% Reduce Business Expenses 22% Note: 434 US-based 80 professionals polled who Improve Employee Skills or Training 20% work full-time in senior roles, 60 ROBOT PRICES working for companies that Attract and Retain Talent 16% directly manage warehouses, 40 Improve Employee Experience 15% DCs or fulfillment centers. 1990 1995 2000 2005 2010 2015 0% 5% 10% 15% 20% 25% 30% 35% 40% Source:McKinsey Source: Honeywell

3 | ALPHACENTRIC ROBOTICS & AUTOMATION FUND | GNXAX . GNXCX . GNXIX Robotics Applications in Many Sectors

Healthcare Autonomous Industrial UAV Military Enterprise Consumer Robots Vehicles Robots Robots Robots Robots Robots

$300B Robotics Revenue Forecast by Robot Type, World Markets: 2019 to 2026 $250B

$200B

$150B

$100B

$50B

$0B 2019 2020 2021 2022 2023 2024 2025 2026 Source: Omdia

4 | ALPHACENTRIC ROBOTICS & AUTOMATION FUND | GNXIX . GNXAX . GNXCX Robotics Applications in Many Sectors

Healthcare Autonomous Industrial UAV Military Enterprise Consumer Robots Vehicles Robots Robots Robots Robots Robots

. Surgical Robots . Driver-assisted . Construction . Single rotor helicopters . UAVs . Agriculture . Household . Sanitation Robots . Partial Automation . Food & Beverage . Multi-rotor drones . AGV/UVG . Consumer Services . Toys . Lab/pharmaceutical . Conditional Automation . Manufacturing . Fixed wing drones . Autonomous ships, . Smart Warehousing & . Educational (STEM) Automation submarines and UMSs Logistics . High Automation . Automation Systems . Fixed wing hybrid VTOL . Healthcare Automation . Full Automation . Retail

COMPANIES MAKING COMPANIES MAKING COMPANIES MAKING COMPANIES MAKING COMPANIES MAKING COMPANIES MAKING COMPANIES MAKING HEALTHCARE ROBOTS: AUTONOMOUS VEHICLES: CONSUMER ROBOTS: AUTONOMOUS VEHICLES: AUTONOMOUS VEHICLES: ENTERPRISE ROBOTS: CONSUMER ROBOTS: Stereotaxis Cruise FANUC Robotics Cruise Kratos Defense Kardex iRobot Accuray Waymo Comau Waymo AeroVironment Balyo WowWee Intuitive Surgical Swift Navigation Yaskawa Electric Swift Navigation Kraken Robotics ABB MiP Asensus Surgical Zoox Omron Adept Technologies Zoox General Dynamics GEA Group Miposaur Titan Medical Kraken Robotics Stäubli Kraken Robotics Boston Dynamics Kuka Robosapien

5 | ALPHACENTRIC ROBOTICS & AUTOMATION FUND | GNXAX . GNXCX . GNXIX Key Differentiators

ACTIVE MANAGEMENT PIONEER PURE-PLAY NIMBLE LEADER With a minimum market The only actively First actively managed Fund invests in Fund generates alpha cap of only $50MM, Fund managed mutual fund 40-act fund dedicated to companies that from holdings not held make can invest in meaningful dedicated to Robotics & Robotics & Automation. robotics (e.g. Allied by other Robotics & positions in smaller, Automation. Portfolio manager, Brian Motion). Other robotics Automation funds and innovative companies like Holdings must be ≥50% Gahsman, created the funds invest in companies ETFs, companies that are Accuray and Sterotaxis, engaged in robotics first model for robotics that robotics (e.g. contributing significantly use long before large development/creation. investing. McDonalds). in the field of robotics. institutions find them.

AlphaCentric Robotics & Automation Fund

6 | ALPHACENTRIC ROBOTICS & AUTOMATION FUND | GNXIX . GNXAX . GNXCX Investment Process

1 CONSIDERATION FOR INCLUSION IN UNIVERSE (261 Companies)  Robotics companies that manufacture Robots/Robotics components, Robotics software, AI (Artificial Intelligence)  Automation companies that develop automated processes or generate revenues from a form of internal automation

INITIAL SCREEN 2  Minimum market cap $50M  Revenues over 50% derived from robotics and/or automation  Increasing R&D spending - expenditures are growing

RISK ASSESSMENT 3  Market technicals and fundamental data  Significant changes in either volume or momentum  Cash burn rate (the rate at which a company uses up its cash reserves or cash balance)

SUSTAINABILITY ASSESSMENT 4  Trading volume  Significant advancements  Standout company news that makes the holding more attractive 5 HOLDING BUCKET (20-25 Companies)  Stocks watched closely for inclusion in porfolio (consider: who else is buying it? short interest at play? how much float?)  Replacements for any current holding - if a name slips in performance, one of these stocks can be put in place

PORTFOLIO (35-45 Companies) 6  Holding portfolio weight is based on trading volume: the thinner the trading volume, the smaller the holding

Holdings exit portfolio when significant change to balance sheet occurs: potential risk of short attack (exit & watch how it plays out), class action lawsuit, cash burn increase, product pipeline problems, momentum slips, performance dries up, significant amount of analyst downgrades

7 | ALPHACENTRIC ROBOTICS & AUTOMATION FUND | GNXAX . GNXCX . GNXIX Smaller Market Cap + Active Management = Better Opportunities

Companies that use Robotics are Fund M&A Activity/Participation

not Robotics companies. Year Original Company Acquired By Kuka Midea Group 2017 Mazor Robotics Medtronic 2018 Genewiz Group Brooks Automation Other "Robotics" funds hold companies like: Auris Health Intuitive Surgical Alibaba Google Broncus Medical Intuitive Surgical Amazon Microsoft 2019 Corindus Vascular Robotics Siemens Healthineers Baidu Mitsubishi Medidata Dassault Systems Facebook Salesforce Scholly Fiberoptic (robotic endoscope business) Intuitive Surgical Boston Scientific Soft Bank\Hyundai Motors 2020 ISRA Vision Atlas Copco GNXIX invests in companies that Orpheus Medical Intuitive Surgical FLIR Teledyne make robotics. 2021 NUAN Microsoft

Bold/Italics = Companies held by Fund at the time of the M&A activity.

8 | ALPHACENTRIC ROBOTICS & AUTOMATION FUND | GNXIX . GNXAX . GNXCX A Look Inside the Portfolio

Disruptive Surgical Global Leader in Cutting-Edge “Smart Robotic Innovator Industrial Robotics Warehouse” Automation Top Ten Holdings as of 6/30/21

Holding % of Portfolio Accuray, Inc. FANUC Kardex Group . Leading factory automation Stereotaxis Inc 6.96% . Innovative cancer treatment that solutions provider, located in . Leading supplier of automated Intuitive Surgical Inc 4.09% specializes in treating brain, Japan. Used by Tesla. storage solutions and material prostate and other tumors with handling systems, located in . Introduces next step in complete Infineon Technologies AG 3.56% precision radiation. Switzerland. robotics and CNCs integration for ® Synopsys Inc 3.37% . The CyberKnife S7™ delivers more efficient operations. . A global industry partner for radiosurgery and radiation therapy intra-logistic process solutions . CNCs can control connected Omnicell Inc 3.37% treatments anywhere in the body, and smart, automated storage FANUC robots providing assistance utilizing Artificial Intelligence (AI). solutions. AeroVironment Inc 3.34% through FANUC's Quick and Simple Keyence Corp 3.26% Startup of Robotization (QSSR).

Nidec Corp 3.22%

FANUC Corp 3.22%

ATS Automation Tooling Systems 3.19%

Past performance does not guarantee future results and there is no assurance that the Fund will achieve its investment objective. Holdings are subject to change and should not be considered investment advice.

9 | ALPHACENTRIC ROBOTICS & AUTOMATION FUND | GNXAX . GNXCX . GNXIX A Global Growth Fund

Country Allocation as of 6/30/21 3.12%

5.33%

0.36%

4.29% 22.37% 1.51% 12.41%

46.61% 2.47%

1.22%

0.08% Investors may consider using this Fund as a satellite investment/ 0.21% sector play or as part of a global allocation.

10 | ALPHACENTRIC ROBOTICS & AUTOMATION FUND | GNXIX . GNXAX . GNXCX Fund Performance

Fund Objective The Fund’s objective is long-term growth of capital. Portfolio Manager Brian Gahsman Fund Performance as of 6/30/21 (Annualized if greater than 1 year)  Portfolio Manager of the Fund since inception Inception Date: 5/31/17 QTD 6 MOS YTD 1 YR 3 YR Inception . Managed this strategy since 2013 in the following formats: GNXIX 4.64 6.06 6.06 40.75 15.68 16.98  11/1/13 - 1/12/16, as a sub-strategy within the Leuthold Strategies LLC Fund (launched and co- GNXAX 4.63 5.94 5.94 40.47 15.41 16.68 managed fund) GNXCX 4.41 5.55 5.55 39.40 14.53 15.82  12/1/15 - 10/7/16, as segregated investment portfolio for a single client

S&P 500 TR 8.55 15.25 15.25 40.79 18.67 17.38  6/1/16 - 5/31/17, as the Global Innovations Fund  5/31/17 - Present, as the AlphaCentric Robotics & Automation Fund MSCI ACWI TR (Gross) 7.53 12.56 12.56 39.87 15.14 14.00  Chief Investment Officer at the Contego Capital Group Class A w/ Sales Charge -1.38 -0.17 -0.17 32.44 13.16 15.00  Bachelor of Business Administration in Finance from the Quantitative Securities Analysis program of Haworth College of Business at Western Michigan University

Growth of $10,000 Class A Past performance does not guarantee future results and there is no assurance that the Fund will achieve its investment objective. Robotics & Automation Fund S&P 500 TR Index MSCI ACWI TR Index 6/30/21 $18,774 The maximum sales charge for Class “A” Shares is 5.75%. Performance is historic and does not guarantee future results. $19,234 Investment return and principal value will fluctuate with changing market conditions so that when redeemed, shares may be $17,075 worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain the most recent month end performance information or the funds prospectus please call the Fund, toll free at 5/31/17 1-844-ACFUNDS (844-223-8637). You can also obtain a prospectus at www.AlphaCentricFunds.com. Total Operating Expenses $10,000 for the Fund are 2.19%, 2.94%, and 1.94% for Class A, C, and I Funds, respectively. $10,000 $10,000 The advisor has contractually agreed to waive fees and/or reimburse expenses of the Fund to the extent necessary to limit operating expenses (excluding front-end or contingent deferred loads, taxes, leverage interest, brokerage commissions, expenses incurred in connection with any merger or reorganization, dividend expense on securities sold short, underlying Fund fees and expenses or extraordinary expenses, such as litigation) at 1.65%, 2.40%, and 1.40% for Class A shares, Class C shares, and YEARS Class I shares, respectively, through July 31, 2022.

11 | ALPHACENTRIC ROBOTICS & AUTOMATION FUND | GNXAX . GNXCX . GNXIX Risk Disclosure & Key Definitions

Important Risk Information Investing in the Fund carries certain risks. The Fund may invest a percentage of its assets in derivatives, such as futures and options contracts. The use of such derivatives and the resulting high portfolio turnover may expose the Fund to additional risks that it would not be subject to if it invested directly in the securities and commodities underlying those derivatives. The Fund may experience losses that exceed those experienced by funds that do not use futures contracts and option strategies. Securities of Robotics & Automation companies, especially smaller, start-up companies tend to be more volatile securities than securities of companies that do not rely heavily on technology. Smaller sized companies may experience higher failure rates than larger companies and normally have a lower trading volume than larger companies. Rapid change to technologies that affect a company’s products could have a material adverse effect on operating results. Robotics & Automation companies may rely on a combination of patents, copyrights, trademarks and trade secret laws to establish and protect proprietary rights in their products and technologies. The Fund is non-diversified and as a result, changes in the value of a single security may have a significant effect on the Fund’s value. The Fund is subject to regulatory change and tax risks; changes to current rules could increase costs associated with an investment in the Fund. Investments in international markets present special risks including currency fluctuation, the potential for diplomatic and political instability, regulatory and liquidity risks, foreign taxations and differences in auditing and other financial standards. Emerging market securities tend to be more volatile and less liquid than securities traded in developed countries.

Investors should carefully consider the investment objectives, risks, charges and expenses of the AlphaCentric Funds. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 844-ACFUNDS (844-223-8637) or at www.AlphaCentricFunds.com. The prospectus should be read carefully before investing. The AlphaCentric Funds are distributed by Northern Lights Distributors, LLC, member FINRA. AlphaCentric Advisors LLC is not affiliated with Northern Lights Distributors, LLC.

Investment Terms Used Cash Burn Rate: The rate at which a company uses up its cash reserves or cash balance. Float: The regular shares a company has issued to the public that are available for investors to trade.

Index Definitions (Indices assume reinvestment of all dividends and distributions. You cannot invest directly in an index.) MSCI ACWI TR Index: The MSCI ACWI Index, MSCI’s flagship global equity index, is designed to represent performance of the full opportunity set of large- and mid-cap stocks across 23 developed and 26 emerging markets S&P 500 TR Index: The S&P 500 is a stock market index that measures the stock performance of 500 large companies listed on stock exchanges in the U.S.

There is no assurance that the Fund will achieve its investment objective. You cannot invest directly in an index and unmanaged index returns do not reflect any fees, expenses or sales charges.

12 | ALPHACENTRIC ROBOTICS & AUTOMATION FUND | GNXIX . GNXAX . GNXCX Thank you for your interest in the Fund.

GNXIX GNXAX GNXCX Portfolio Construction: A Closer Look

Portfolio Construction Portfolio Sector Allocation . New positions will be established when share prices are flat or trending higher, along with the 50- as of 6/30/21 day and 200-day moving averages . Portfolio will typically contain 25-30 positions . No single holding will represent in excess of 10% of the Fund’s assets . Robotics & automation companies will comprise at least 80% of fund net assets 28.44% Industrials Health Care Risk Management Information Technology . Earnings growth potential of stocks trading at high valuations is heavily scrutinized Cash 39.11% . For startup companies without earnings, the holding period may potentially be short term due to 25.93% Consumer Discretionary poor guidance from management, delays in the estimated production timeline, not achieving product approval, significant short campaigns or other events which negate the initial selection criteria . Price targets are used to protect the portfolio from valuation risk and begin the process of trimming holdings . Positions are eliminated when fundamentals change (earnings decelerate, margins compress, pricing becomes challenged or a corporate action takes place which may be detrimental to holding the position) 5.36% 1.15% . Positions are eliminated if the company’s cash burn rate is increasing, cash runway is decreasing and multiple share dilutions are likely

APPENDIX 2 | ALPHACENTRIC ROBOTICS & AUTOMATION FUND | GNXIX . GNXAX . GNXCX