Slide 1: Q4 2025 Quarterly Update
Q4 2025 Q U A R T E R LY U P D AT E 1 J A M I E S O N W E L L N E S S 2 0 2 6
Slide 2: Forward Looking Information
Forward Looking Information This presentation contains “forward-looking information” within the meaning of applicable securities laws. Forward looking information may relate to our future outlook and anticipated events or results and may include information regarding our financial position, business
Slide 3: Full Year 2025 Highlights
Full Year 2025 Highlights 1 Revenue growth in Canada outpaced the market, driven by consumer 1 consumption behind the Company’s quality focused marketing campaign and strong on-trend innovation 2 Youtheory delivered double-digit revenue growth vs prior year, driven by strong e-commerce consumption,
Slide 4: Fourth Quarter 2025 Summary of Segment Results: Jamieson Brands
JAMIESON BRANDS Fourth Quarter 2025 Summary of Segment Results • Revenue was $237.4 million, an increase of 17.1% or $34.7 million Canada U.S. (youtheory) China International revenue revenue revenue revenue increased increased increased increased 2 0 2 6 5.5% to 20.2% to 43.9% to 39.2% to $110.8 mil
Slide 5: Fourth Quarter 2025 Summary of Segment Results: Strategic Partners
STRATEGIC PARTNERS Fourth Quarter 2025 Summary of Segment Results • Revenue was $40.3 million, an expected decrease of 4.4% or $1.9 million, impacted by a reduction in business and the timing of onboarding new customer contracts amidst trade and tariff uncertainties 2 0 2 6 • Gross profit was $5.7 m
Slide 6: Fourth Quarter 2025 Balance Sheet and Cash Flow
Fourth Quarter 2025 Balance Sheet and Cash Flow • As at December 31, 2025, the Company had approximately $126.6 million in cash and available revolving and swingline facilities and net debt1 of $373.4 million • The Company generated $31.9 million in cash from operations compared to $37.8 million gen
Slide 7: Fourth Quarter 2025 Consolidated Results
Fourth Quarter 2025 Consolidated Results METRIC Q4 2025 Q4 2024 Growth Rate Consolidated Revenue $277.7 $244.8 13.4% Canada $110.8 $105.0 5.5% U.S. (youtheory) $67.7 $56.3 20.2% China $42.2 $29.3 43.9% 2 0 2 6 International $16.8 $12.1 39.2% W E L L N E S S Total Jamieson Brands Segment $237.4 $202.
Slide 8: Summary Consolidated Financial Information
Summary Consolidated Financial Information 2 0 2 6 W E L L N E S S J A M I E S O N 8
Slide 9: Summary Consolidated Financial Information
Summary Consolidated Financial Information Three Months Ended Twelve Months Ended December 31, December 31, ($ in millions, except as otherwise noted) 2025 2024 % Change 2025 2024 % Change Revenue 277.7 244.8 13.4% 822.1 733.8 12.0% Cost of sales 159.0 144.5 10.0% 483.7 458.2 5.6% Gross profit margi
Slide 10: Reconciliation of net income to EBITDA, adjusted EBITDA and adjusted net income
Reconciliation of net income to EBITDA, adjusted EBITDA and adjusted net income Three Months Ended Twelve Months Ended Fiscal Year Ended December 31, December 31, December 31, ($ in millions, except as otherwise noted) 2025 2024 2025 2024 2023 2022 2021 2020 2019 Net earnings 37.6 36.1 64.5 51.1 46.
Slide 11: Financial Performance: 2026 Guidance
Financial Performance: 2026 Guidance METRIC 2025 2026 TARGET RANGE GROWTH RATE Total Revenue $822.1 $895.0 – $935.0 9.0% - 13.7% Jamieson Brands Segment • Canada $372.3 $387.0 - $395.0 4.0% - 6.0% • U.S. (youtheory) $147.5 $162.0 - $170.0 14.0% - 19.0%** • China $142.7 $171.0 – $186.0 20.0% - 30.0%
Slide 12: Investor Relations Contact: Ruth Winker
INVESTOR RELATIONS CONTACT: Ruth Winker rwinker@jamiesonlabs.com linkedin.com/company/jamiesonwellness twitter.com/JWEL_Canada 2 0 2 6 W E L L N E S S J A M I E S O N 12