Cvw Sustainable Royalties Inc. · TSXV:CVW
Cvw Sustainable Royalties — Investor Presentation (February 2026)
41 slides from Cvw Sustainable Royalties's investor presentation, February 2026
Slide 1: Advancing Sustainability Through the Royalty Financing Model
TSXV: CVW | OTCQX: CVWFF | FSE: TMD Advancing Sustainability Through the Royalty Financing Model INVESTOR PRESENTATION | FEBRUARY 2026
Slide 2: Disclaimer
Disclaimer The information provided in this presentation is provided as of February 3, 2026, for informational purposes only, is not complete, and may not The securities described in this presentation have not been and will not be registered under the United States Securities Act of 1933, as amended
Slide 3: Building a Leading Sustainability-Focused Royalty Platform
Strong Macro Tailwinds Building a Leading Sustainability-Focused Royalty Platform Lower Risk Focus on Accelerating projects that recover Royalty Cash Flow & valuable commodities and commodity- Structure Returns like products in a more sustainable manner, helping drive the world’s transition to a mor
Slide 4: Key Investment Highlights
Strong Macro Funding Gap for Sizeable Opportunity Environment Capital Intensive in US$3.5T+ Energy Driving Demand for Sustainability-Focused Transition Market Commodities and Businesses in the Growing Exponentially1 Supply Chain Security Commodity Sectors Key Investment Exposure to Proven Company Hi
Slide 5: Capital Structure & Shareholder Breakdown
CAPITAL STRUCTURE & SHAREHOLDER BREAKDOWN Strong Alignment Between Shareholders, February 2, 2026 Board of Directors and Management Shares Outstanding 155.7M SHARE PRICE PERFORMANCE Equity Awards 12.6M Warrants 1.4M $2.00 4.0 Fully Diluted Shares Outstanding 169.7M 3 Share Price $0.88 $1.50 2 4 5 6
Slide 6: Strategy Overview
Strategy Overview CVW Sustainable Royalties offers an unparalleled opportunity to invest in a proven leadership team building a leading royalty platform with a unique focus while providing strong returns by delivering sustainability-linked royalty cash flow for shareholders Announced second royalty
Slide 7: Macro Tailwinds
Macro Tailwinds TSXV: CVW | OTCQX: CVWFF | FSE: TMD INVESTOR PRESENTATION | 7
Slide 8: Sustainability Plays a Key Role in Resilient Regional Supply Chains
Sustainability Plays a Key Role in Investment in sustainability drives a resilient local circular economy and reduces reliance on foreign resources Resilient Regional Supply Chains Recent global disruptions and instability have highlighted the critical Resource importance of building resilient, regi
Slide 9: Capital Flows are Increasingly Rewarding Sustainability
Capital Flows are Increasingly ~US$3.5T Total Cleantech Market Funding Flows in 20252 Rewarding Sustainability ~3% of Global Gross Domestic Product (GDP) Significant human and financial capital flowing to research Global Patent Applications for Environmental Technologies3 and development efforts lea
Slide 10: Commodity Sectors Are Critical for the Global Transition
Commodity Sectors Are Critical for the Global Transition The world is grappling with an increasing need for commodities produced by industries with underlying sustainability challenges Metals & Materials Hydrocarbons Agriculture Projected Demand For Materials & Metals Projected Global Energy Mix Foo
Slide 11: Royalty Strategy
Royalty Strategy TSXV: CVW | OTCQX: CVWFF | FSE: TMD INVESTOR PRESENTATION | 11
Slide 12: Investment Focus Area: Sectors
Investment Focus Area: Sectors CVW Sustainable Royalties focuses on companies at the intersection of commodities Hydrocarbons and sustainability, with underlying royalty • Decarbonizing production of revenue based on the production of transportation fuels commodities or commodity-like products • Rec
Slide 13: Investment Focus Areas: Geographic Diversification
Investment Focus Areas: Geographic Diversification CVW Sustainable Royalties focuses on strategic opportunities within developed markets Focus on investing in Life of Asset Exposure with Long- projects within Target Geographies Term Alignment top tier jurisdictions Commodity-like Revenue 15%+ IRR Hu
Slide 14: Investment Focus Areas: Company Stage
Investment Focus Areas: Company Stage Attractive entry-point for investors seeking strong return potential Commercially deployed Key Criteria to Reduce Technology Risk Earlier stage technologies Existing technologies with access exceeding the desired risk profile Financing Gap to lower cost of capit
Slide 15: Royalty Companies: Attractive for Investors
Operators Versus Royalty Companies: 2027E Cash Flow Multiple1 Royalty Companies: Attractive for Investors Operators Royalty Companies Royalty model provides investors with an efficient way to access an industry thematic while providing diversification and lower risk 21.4 x TRADITIONAL 8.8 x SUSTAINA
Slide 16: Our Portfolio
Our Portfolio TSXV: CVW | OTCQX: CVWFF | FSE: TMD INVESTOR PRESENTATION | 16
Slide 17: Asset Portfolio
Asset Portfolio EXPECTED FIRST CVW CASH FLOW TO INVESTMENT OPERATOR ASSET2 PROJECT STATUS ROYALTY1 CVW SECTOR CVW Relocalize Plant City, Florida Commissioning 25% H1 2026 Agriculture ALBERTA Northstar Relocalize Montreal, Quebec Development 25% H1 2027 Agriculture HAMILTON Future Facilities – Reloca
Slide 18: Relocalize Inc.
Relocalize Inc. ASSET OVERVIEW A Canadian-based company focused on the sustainable production of packaged ice and cold packs, led by an experienced management team from the robotics and Heavily Piloted and Tested Process Pilot facility in Jacksonville, Florida automated CPG food manufacturing indust
Slide 19: Relocalize Inc. First Facility
Relocalize Inc. First Facility PLANT CITY, FLORIDA Operations Overview FACILITY DETAILS Proprietary process which utilizes robotics and automation to produce and package ice at Status Commissioning a customer site into retail packages and cold packs, significantly reducing emissions First Production
Slide 20: Significant Cost Savings, Competitiveness and Sustainability
Significant Relocalize Inc. Cost Savings Shipping Storage Shrink Electricity Gas Water Competitiveness and Sustainability Significant cost reductions with improved sustainability benefits EXISTING SUPPLY CHAIN Relocalize SUPPLY CHAIN One Centralized Facility Decentralized Facilities Improved Securit
Slide 21: Relocalize Inc. Potential Pricing Upside
Relocalize Inc. • CVW Sustainable Royalties will provide Relocalize with $4.0M in total capital to support commissioning and development RELOCALIZE PRICING • Base-case includes sales at incentive pricing to quickly gain strong customer adoption, as well as STRATEGY throughput below nameplate steady-
Slide 22: Option to Invest an Additional $22.5M in Future Facilities
Relocalize Inc. Option to Invest an Additional $22.5M in Future Relocalize Facilities • CVW Sustainable Royalties, at its sole discretion, can invest in up to 13 additional Relocalize facilities at OPPORTUNITY FOR a pre-determined cost of capital which provides the Company with an accretive pipeline
Slide 23: Technology Development Timeline
Relocalize Inc. Technology Development Timeline 2023 • Pilot moved to Jacksonville, Florida to be real- Technology built on five years of world tested with Winn-Dixie 2025 2026 development and validation; Commercial • Operations validated by 3rd party auditors • Full scale integration • Florida micr
Slide 24: Technical Due Diligence
Relocalize Inc. Technical Due Diligence • Deployment-readiness evaluation for the Florida installation Technical due diligence supported by subject matter expert firm: • Evaluation of ability to scale-up manufacturing of commercial units to high volumes • Invests in and supports start-up companies •
Slide 25: Northstar Clean Technologies
ASSET REVENUE BREAKDOWN1 CVW SUSTAINABLE ROYALTIES FOCUS AREA Northstar Clean Technologies 3% Liquid Asphalt1 Hydrocarbons Patent-protected technology transforms landfill- Tipping Fees STAGE bound asphalt shingles into valuable commodities, 36% Other Production Ramp-up reducing waste and cutting car
Slide 26: Initial Investment of a $14.0M Convertible Royalty Debenture
Initial Investment of a $14.0M Convertible Royalty Debenture Northstar Clean Technologies in Northstar CVW Sustainable Royalties expects long-term average cash Capital to support development work for future facilities including securing flows of $2.0M per annum from its investment in Northstar lease
Slide 27: CVW Proprietary Technology
Simplified CVW Process CVW Proprietary Technology CVW Sustainable Royalties has invested over $100M and 20 years to advance its Creating Value from Waste ("CVW ") proprietary technology to a state of commercial readiness Illustrative Financing Model Project Development Options: CVW EcoBase1 CVW EcoM
Slide 28: CVW Proprietary Technology
CVW SUSTAINABLE ROYALTIES FOCUS AREA CVW Proprietary Technology Hydrocarbons CVW Sustainable Royalties is the 100% owner of its patented, ready-to-deploy proprietary STAGE Deployment Ready technology offering investors significant upside through its commercialization COMMODITY A CVW project offers s
Slide 29: CVW Proprietary Technology
CVW Proprietary Technology CVW Sustainable Royalties is aggressively pursuing partnerships with oil sands operators to implement its ready-to- deploy CVW technology, focusing on delivering value for shareholders Engagement With the Provincial and Landmark Framework Agreement With Increasing the Comm
Slide 30: Growth Opportunities
Growth Opportunities TSXV: CVW | OTCQX: CVWFF | FSE: TMD INVESTOR PRESENTATION | 30
Slide 31: Robust Acquisition Pipeline to Expand Royalty Portfolio
APPROXIMATE ROYALTY PRIMARY/ UNDERLYING INVESTMENT OPPORTUNITY SECONDARY SECTOR FOCUS COMMODITY EXPOSURE GEOGRAPHY SIZE DEAL STAGE 1 Primary Hydrocarbons Oil Linked US $25M Advanced 2 Primary Hydrocarbons Oil Linked Canada $10M Advanced 3 Primary Hydrocarbons Oil Linked Canada/US $25M Advanced Robus
Slide 32: Experienced Leadership Team
Experienced Leadership Team Opportunity to partner with proven company builders with significant royalty and commodity experience Akshay Dubey Darren Morcombe Pierre Lassonde CEO & Director Chairman Special Advisor & Shareholder • 14+ years of experience originating and structuring • 30+ years of in
Slide 33: Key Investment Highlights
Strong Macro Funding Gap for Sizeable Opportunity Environment Capital Intensive in US$3.5T+ Energy Driving Demand for Sustainability-Focused Transition Market Commodities and Businesses in the Growing Exponentially1 Supply Chain Security Commodity Sectors Key Investment Exposure to Proven Company Hi
Slide 34: cvwsustainableroyalties.com
TSXV: CVW | OTCQX: CVWFF | FSE: TMD CVW Sustainable Royalties Inc. Suite 305, 505 – 8th Ave. SW Calgary, Alberta, Canada T2P 1G2 Akshay Dubey CHIEF EXECUTIVE OFFICER AND DIRECTOR Tel: 403-460-8135 Akshay.Dubey@CVWroyalties.com Joshua Grant CHIEF FINANCIAL OFFICER Tel: 403-460-8135 Joshua.Grant@CVWro
Slide 35: Appendix
Appendix TSXV: CVW | OTCQX: CVWFF | FSE: TMD INVESTOR PRESENTATION | 35
Slide 36: Management Team & Board of Directors
Management Team & Board of Directors Akshay Dubey Joshua Grant Kevin Moran Mathew Ullattikulam Pierre Lassonde CEO & Director CFO & Corporate Secretary EVP & Chief Technology Officer VP Corporate Development Special Advisor • 14+ years of experience originating • 16+ years of experience in finance •
Slide 37: Effective Funding Solution for Sustainability-Focused Companies
ROYALTY STRATEGY SUPPLEMENTARY INFORMATION Effective Funding Solution for Sustainability-Focused Companies The royalty financing structure is significantly more attractive to sustainability-focused companies relative to traditional commodity companies Key Advantages for Operators Illustrative Use of
Slide 38: Commodities Critical to the Green Transition
ROYALTY STRATEGY SUPPLEMENTARY INFORMATION Commodities Critical to the Green Transition Meeting the material demands of a sustainable future Primary production of many critical commodities is often in volatile Commodities required for clean energy technologies and otherwise are jurisdictions: expect
Slide 39: Reduction in Carbon Intensity of Hydrocarbons Essential to Achieve Net Zero
ROYALTY STRATEGY SUPPLEMENTARY INFORMATION Reduction in Carbon Intensity 2023 kWh per capita1 USA: 29,600 | China: 6,300 | India: 2,000 of Hydrocarbons Essential to Achieve Net Zero Peak Oil OPEC: 2050+2 | IEA: 2025-20303 Demand The increase in energy consumption produces significant opportunities i
Slide 40: Agricultural Innovation and Waste Diversion Necessary to Support Humanity
ROYALTY STRATEGY SUPPLEMENTARY INFORMATION Agricultural Innovation and Waste Diversion Necessary to Support Humanity Sustainable solutions for global food security As global temperatures rise and extreme weather events become more frequent, ensuring food security for a growing population is arguably
Slide 41: CVW Supplementary Information
PROPRIETARY CVW TECHNOLOGY SUPPLEMENTARY INFORMATION Revenue Per Commodity1 CVW Supplementary Information 16% Development Overview Deployment Overview EcoBase 55% • Development of CVW has been supported by • The Company is prioritizing a CVW EcoBase 29% large-scale integrated piloting and progressiv
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