Slide 1: Q1 Fiscal 2026 Earnings Call
December 4, 2025 Q1 Fiscal 2026 Earnings Call TSX: XTRA || OTCQX: XTRAF || FSE: 0PL 1
Slide 2: Disclaimer
Disclaimer No securities exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this presentation. This presentation contains supplementary financial measures. These measures do not have any standardized meanings prescribed under IFRS and therefore may not be
Slide 3: CEO's Business Update
Peter Evans CEO’s Business Update 3
Slide 4: Opening Remarks: First Quarter Key Highlights
Opening Remarks First Quarter - Key Highlights • First quarter results beat prior year quarter • Total backlog at record level of just over $53 million • Continued influx of new Xtract One Gateway orders • Commercial deployment for Xtract One Gateway commenced • SmartGateway continues to grow with a
Slide 5: Company Success and Outlook
TSX: XTRA || OTCQX: XTRAF || FRA: 0PL Company Success and Outlook Xtract One Gateway • Elevated market interest – higher than expected customer orders • Plans to expand production capacity by the end of the second quarter – additional cash on hand to support expansion • $14.7 million worth of agreem
Slide 6: CFO's Financial Update
Karen Hersh CFO’s Financial Update 6
Slide 7: Revenue
Revenue Revenue, year-to-date, year over year Quarterly revenue, quarter over quarter @Subscription @ Upfront @Subscription @Upfront $5M $5M $4M $4M $3M $3M $2M $2M $iM $1M . Se eee ctober 2024 October 2025 January 2025 April 2025 July 2025 October 2025 xtract o|N|
Slide 8: Bookings by Quarter
Bookings by Quarter O Bookings Quarter over Quarter Bookings @smartGateway @ Xtract One Gateway $15M $8M $6M $10M $4M $SM $2M $OM $OM October 2024 January 2025 April 2025 July 2025 October 2025 October 2024 October 2025 xtract o|N|
Slide 9: Backlog
ee ~) Backlog Quarter over quarter @Contractual Backlog @ Signed agreements pending installation $50M $40M $30M $20M $10M $OM October 2024 October 2025 Quarter over quarter © Contractual Backlog Signed agreements pending installation $50M $40M $30M $20M $10M $OM January 2025 = April 2025 July 2025 =
Slide 10: Operating Expenses
0 ~) Operating Expenses First quarter operating expenses, year-over-year @2025 @2026 $2.0M $1.5M $1.0M $0.5M $0.0M Selling and Research and General and marketing development administration xtract O|N|IE 10 OT TNT
Slide 11: Cash usage in Operations
Cash usage in Operations Operating cash outflow year to date, excluding Quarterly operating cash outflow, excluding working capital working capital ($3.0M) ($2.0M) ($2.5M) ($1.5M) ($2.0M) ($1.0M) SIS) ($1.0M) ($0.5M) (S0.5M) $0.0M $0.0M 2025 2026 January 2025 April 2025 July 2025 October 2025 xtract
Slide 12: Q&A
Q&A xtract GINIE = 2