Slide 1: Earnings Conference Call
Earnings Conference Call May 13, 2026 © 2026 Identiv, Inc. All Rights Reserved 1
Slide 2: Safe Harbor | Note Regarding Forward-Looking Information
Safe Harbor | Note Regarding Forward-Looking Information This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are those involving future events and future results that are based on current expecta
Slide 3: Safe Harbor | Note Regarding Forward-Looking Information (con't.)
Safe Harbor | Note Regarding Forward-Looking Information (con’t.) Non-GAAP Financial Measures (Unaudited) This presentation includes financial information that has not been prepared in accordance with accounting principles generally accepted in the United States (GAAP), including non- GAAP adjusted
Slide 4: Agenda | Overview
Agenda | Overview • Quarterly Business Update: Q1 2026 • Financial Review: Q1 2026 • Business Outlook: Perform-Accelerate-Transform • Q&A Session © 2026 Identiv, Inc. All Rights Reserved 4
Slide 5: Business Update | Q1 2026
Business Update | Q1 2026 ● Continued advancements made across our Perform, Accelerate, and Transform strategy ● Significant progress on the development of a specialized BLE label for IFCO, a leading global provider of reusable packaging solutions for fresh food ● Growth in opportunity pipeline, in
Slide 6: Financial Review | Q1 2026
Financial Review | Q1 2026 © 2026 Identiv, Inc. All Rights Reserved 6
Slide 7: Financial Results | Q1 2026
Financial Results | Q1 2026 Metric Q1 2026 Q1 2025 Commentary Strong customer demand; one Net Revenue $7.4M $5.3M customer ordered full-year 2026 sales volume in Q1 GAAP Gross Margin 17.4% 2.5% Thailand facility efficiencies and elimination of Singapore production Non-GAAP Gross Margin* 23.8% 10.8%
Slide 8: Financial Results | Q1 2026 Balance Sheet and Cash Flow and Financial Outlook
Financial Results | Q1 2026 Balance Sheet and Cash Flow and Financial Outlook $ in millions Assets Q1'26 Q4'25 Liabilities & Equity Q1'26 Q4'25 Cash Flow Q1'26 Q4'25 Cash & cash equivalents* 124.8 128.9 Accounts payable 6.5 3.6 From operations* (2.8) 3.0 Accounts receivable 3.2 4.1 Financial liabili
Slide 9: Business Outlook: Perform. Accelerate. Transform
Business Outlook Perform. Accelerate. Transform © 2026 Identiv, Inc. All Rights Reserved 9
Slide 10: Our Strategy for Success
Our Strategy for Success Perform Accelerate Transform Deliver exceptional results for Accelerate growth in key high value Create significant business customers and drive operational segments and through technology expansion and capability growth excellence innovation through M&A to achieve long term
Slide 11: Perform | Strengthen & Grow the Core Business
Perform | Strengthen & Grow the Core Business Progress We Have Made in Q1 2026 Key 2026 Initiatives Underway • Continued progress with Thailand team - • Shifting to make-to-forecast model production employees completing rigorous for key customers and implementing training for high quality and effici
Slide 12: Accelerate | Growth in High-Value Segments
Accelerate | Growth in High-Value Segments Progress We Have Made in Q1 2026 Key 2026 Initiatives Underway • Significant progress with product development • Complete development and scale up and manufacturing development for IFCO of IFCO’s customized BLE smart label ○ Renovations required in Thailand
Slide 13: Transform | Strategic M&A
Transform | Strategic M&A What it Means for Identiv Focus for 2026 • Create significant business expansion and • Dedicated team working with capability growth through M&A for long-term our financial advisor, Raymond success James • Focus on expanding the business through • “Transform” remains a stra
Slide 14: P-A-T | Q1 Metrics
P-A-T | Q1 Metrics • Several metrics have been developed to monitor our progress across our strategic objectives Key Metric Description End of Q1 Target End of 2026 "New" Sales Pipeline • Number of • 124 “new” opportunities • 125 “new” and Conversion Rate opportunities with new • 8 converted opportu
Slide 15: Key Takeaways
Key Takeaways Committed to advancing specialized IoT solutions, expanding BLE 1 capabilities, and leveraging advantages of Thailand-based production By continuing to execute against our Perform, Accelerate, and Transform 2 strategy, expect to be well-positioned to capture future growth opportunities
Slide 16: THANK YOU
THANK YOU Visit identiv.com for more information © 2026 Identiv, Inc. All Rights Reserved 16
Slide 17: Appendix
Appendix © 2026 Identiv, Inc. All Rights Reserved 17
Slide 18: Condensed Consolidated Statements of Operations
Condensed Consolidated Statements of Operations (unaudited, $ in thousands) © 2026 Identiv, Inc. All Rights Reserved 18
Slide 19: Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets (unaudited, $ in thousands) © 2026 Identiv, Inc. All Rights Reserved 19
Slide 20: Reconciliation of GAAP to Non-GAAP Financial Information
Reconciliation of GAAP to Non- GAAP Financial Information (unaudited, $ in thousands) © 2026 Identiv, Inc. All Rights Reserved 20