Slide 1: Investor Overview FY 2025 Q4 Results
Investor Overview FY 2025 – Q4 RESULTS | Ending June 30, 2025 VECIMA NETWORKS (TSX: VCM) September 25, 2025 © 2025 Vecima Networks. Confidential & Proprietary. All rights reserved.
Slide 2: Safe Harbour
SAFE HARBOUR Forward-Looking Statements Certain statements in this presentation may constitute forward-looking statements within the meaning of applicable securities laws. All statements other than statements of historical fact are forward-looking statements. These statements include but are not lim
Slide 3: Dynamics accelerating Network Expansion
Dynamics accelerating Network Expansion Bandwidth-intensive Apps 4K & 8K, AR, VR & XR, Cloud Gaming & AI 10+ GBPS Data Rates 25G/50G Symmetrical services with <5ms latency 25% CAGR Network Traffic Up to 3,300 EB/m by 2030 $Billions in Broadband Stimuli Bridging the digital divide accelerates growt
Slide 4: Expansion is driving network Evolution
Expansion is driving network Evolution + Analog Hubs and Digital Hub & Nodes Nodes Network Digitization (RPD, RMD, OLT) Network Virtualization Virtualized Systems Integrated CMTS (vCMTS & vPON) Limited Fiber Roll- Fiber Evolution & 10G+ Speeds and Acceleration of Fiber outs Expansion Deployments Bun
Slide 5: This Evolution Drives Capital Spending
This Evolution Drives Capital Spending $9,000.0 vCMTS/RPD, XGS & 50G $8,000.0 dominate the TAM $7,000.0 $6,000.0 70% of Vecima resources $5,000.0 focused on these programs $4,000.0 $3,000.0 Vecima has invested >$500M $2,000.0 $1,000.0 $0.0 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 in prepara
Slide 6: Spending Translating to Vecima's Growth
Spending Translating to Vecima’s Growth Distributed Access Commercial Video IPTV Telematics Other $100 Supply Chain Turbulence & New Technology Adoption Process $80 112% Growth in top-line revenues $60 1Q-2022 vs 4Q-2025 $40 $20 ~80% Revenue attributed to Distributed Access $ (Fiber + Cable Broadban
Slide 7: Investment has Created the Widest Next-Gen Portfolio
Investment has Created the Widest Next-Gen Portfolio Cloud / Data Center / Hubsite Access Network / Outside Plant Residential / Enterprise Combo XGS R-OLT 2, 4 & 8 port Fiber PON vPON OLT 8, 16 & 32 10G Shelf & node- DPoE port EPON based 8, 16, 32 2, 4, 8 broadband delivery for Commercial video comm
Slide 8: Strategic, calculated growth spanning 35+ years
Strategic, calculated growth spanning 35+ years Strategic acquisitions strengthen portfolio Acquires Acquires Nokia Acquires Falcon V, Concurrent Cable Business, deepening software Vecima founded for IP Video entering the Fiber and automation in Canada delivery Access business focus 1988 2005 2016 2
Slide 9: Proudly serving 100+ Operators and 100M people globally
Proudly serving 100+ Operators and 100M people globally 136 OPERATOR +7% QoQ +18% YoY ENGAGEMENTS FIBER 263 OPPORTUNITIES +7% QoQ +16% YoY ACTIVE CABLE AMERICAS EMEA APAC © 2025 Vecima Networks. Confidential & Proprietary. All rights reserved. 9
Slide 10: Three Businesses in the early stages of growth
Three Businesses in the early stages of growth Video & Content Broadband Delivery Telematics Solutions 83% of business & Storage 14% of business 3% of business Business segment percentages based on FY’25 full year results © 2025 Vecima Networks. Confidential & Proprietary. All rights reserved. 10
Slide 11: Accelerating next-generation broadband networks
Accelerating next-generation broadband networks Video & Broadband Solutions • Furthered lab trials with additional operators in North America and globally in the fourth quarter and achieved first revenue from Vecima's new vCMTS solution • Announced the launch of the EN3400, a compact, standardized m
Slide 12: Transforming next-gen Broadband Networks
Transforming next-gen Broadband Networks Cloud / Data Center / Hubsite Access Network / Outside Plant Residential / Enterprise Combo 2021-2024 XGS PON Fiber R-OLT 2, 4 & 8 port Commercial video vPON OLT 8, 16 & 32 port 10G EPON DPoE Shelf & node- 8, 16, 32 2, 4, 8 based broadband delivery for commer
Slide 13: Huge and growing Rural Broadband FTTH Investment
Huge and growing Rural Broadband FTTH Investment More than $65B in subsidies pouring into North American Broadband Networks Rural Digital Opportunity Fund (RDOF) Broadband Equity Access & Deployment (BEAD) • $42.45B to expand high-speed internet via $20.4B program: planning, infrastructure, and adop
Slide 14: $1.2B in Sales Since FY 2021 & Accumulating Market Share
$1.2B in Sales Since FY 2021 & Accumulating Market Share BSP Network Incumbency Cable Access $1,200 Millions $1,000 $800 2021-2024 $600 $400 $200 Fiber Access $0 2021-2024 2021 2022 2023 2024 2025 © 2025 Vecima Networks. Confidential & Proprietary. All rights reserved. Source: Dell’Oro Group
Slide 15: vCMTS, DOCSIS 4.0 & XGS are the next frontiers
vCMTS, DOCSIS® 4.0 & XGS are the next frontiers Cable Access Fiber Access All New SAM CY25 Accumulating CY25 All New SAM CY25 $400.0 April 2025 announced Millions Millions Millions $900 $7,000 Cox vCMTS $350.0 Agreement. Expect to $800 $6,000 participate in $700 $300.0 significant TAM $5,000 growth
Slide 16: Exceptional video experiences, new revenue streams
Exceptional video experiences, new revenue streams Content Delivery & Storage • Deployed targeted Dynamic Ad Insertion (DAI) solutions with multiple customers, enabling operators to monetize their video platforms more effectively; in Q4 expanded DAI with a key customer • Blue Stream Fiber announced
Slide 17: Lower costs, higher video quality and revenues
Lower costs, higher video quality and revenues RESIDENTIAL CLOUD ACCESS NETWORK / OUTSIDE PLANT / ENTERPRISE ORIGIN COMMUNITY / STORAGE Managed IPTV Platform for Service Providers MICRO-CACHE TRANSCODE OPTIMIZE CACHE MONETIZE COMMERCIAL VIDEO CACHE GATEWAYS CACHE Video Platform for Commercial Servic
Slide 18: Igniting new experiences, revenues & loyalty
Igniting new experiences, revenues & loyalty • Improve video stream quality, reduce bitrates + + + + by up to 80% • Dramatically improved OTT QoE Open CDN + + + + • Reduced network loading NEW SOLUTIONS • New revenue streams Dynamic Content & + + + + • Pinpoint ad targeting and reduced ad-waste • Ne
Slide 19: Real-time asset tracking, anywhere in the world
Real-time asset tracking, anywhere in the world Telematics • Cloud-based tracking & monitoring of vehicles, assets, and people • Added 1,045 vehicle subscriptions to the quarter, with a total of 21,500 vehicles now being monitored • Added 10 new customers for the NERO asset tracking platform during
Slide 20: GPS Fleet & Equipment Management Software
GPS Fleet & Equipment Management Software Equipment in warehouse Access data at home, in the office, or on the go Fleet vehicles Equipment Equipment on vehicles on jobsites Data-driven, full visibility Faster deployment and asset ROI Automation © 2025 Vecima Networks. Confidential & Proprietary. All
Slide 21: Focused on growth and profitability
Focused on growth and profitability © 2025 Vecima Networks. Confidential & Proprietary. All rights reserved. 21
Slide 22: Core focus on growth and profitability
Core focus on growth and profitability CASH, NET OF REV. LOC ($CAD) SHORT & LONG-TERM DEBT ($CAD) 56% MANAGEMENT / ($30.50) $28.26M INSIDERS 44% Improved by 31% QoQ INSTITUTIONAL RETAIL / OTHERS WORKING CAPITAL ($CAD) SHAREHOLDER’S EQUITY ($CAD) 24.3M BASIC SHARES $51.16M $213.6M OUTSTANDING Market
Slide 23: Strong, consistent financial performance
Strong, consistent financial performance ($7.0) Inv. $87.5 $41.9 allowances $14.5 ($4.3) FX Losses $81.9 Non-cash non-cash $71.2 $12.1 $68.8 $34.2 $10.3 $64.0 $30.5 QUARTERLY $25.9 $6.7 $18.8 48% 42% 36% 48% 27% -$0.3 4Q24 1Q25 2Q25 3Q25 4Q25 4Q24 1Q25 2Q25 3Q25 4Q25 4Q24 1Q25 2Q25 3Q25 4Q25 $303.4
Slide 24: Stewarding another high-growth era for Vecima
Stewarding another high-growth era for Vecima © 2025 Vecima Networks. Confidential & Proprietary. All rights reserved. 24
Slide 25: Unique in the market, strong competitive edge
Unique in the market, strong competitive edge Most open & Most Industry- Widest Solution Global Sales Strong Industry Interoperable Focused Vendor Ecosystem Team Reputation To better deliver $500M+ R&D Cable, Fiber Scale, Invented on customer accumulated IP Video and Knowledge & Developed expectatio
Slide 26: In summary
In summary Bandwidth-intensive Opportunities to Broadband Service More than $65B in apps and competitive improve monetization Providers (BSPs) must government subsidies pressures are driving for both Managed IPTV upgrade and digitize will continue to drive utilization, network & OTT content will the
Slide 27: Executive Management Team
Executive Management Team Sumit Kumar Judd Schmid Dean Rockwell Clay McCreery Colin Howlett Bjorn Roos PRESIDENT & CEO CHIEF FINANCIAL EXECUTIVE VICE CHIEF OPERATING CHIEF TECHNOLOGY HEAD OF LEGAL & OFFICER PRESIDENT OFFICER OFFICER CORPORATE SECRETARY 30 years of C-level 35 years of finance & 30+ y
Slide 28: Board of Directors
Board of Directors Surinder Kumar Sumit Kumar James Blackley Scott Edmonds Samuel Chernak David Rowat CHAIRMAN PRESIDENT & CEO INDEPENDENT INDEPENDENT INDEPENDENT INDEPENDENT DIRECTOR DIRECTOR DIRECTOR DIRECTOR Founder, 30 years of C-level Vecima Networks and executive 2020 Cable Hall Advisor to the
Slide 29: Thank you.
Thank you. 201-771 Vanalman Avenue, Victoria, BC, Canada V8Z 3B8 Tel: (250) 881-1982 Fax: (250) 881-1974 invest@vecima.com vecima.com © 2025 Vecima Networks. Confidential & Proprietary. All rights reserved.
Slide 30: © 2025 Vecima Networks. Confidential & Proprietary. All rights reserved.
© 2025 Vecima Networks. Confidential & Proprietary. All rights reserved. 30