Jamieson Wellness, Inc. · TSX:JWEL

Jamieson Wellness — Q1 2026 Earnings Presentation

12 slides from Jamieson Wellness's earnings presentation, May 2026

  1. Slide 1: Q1 2026 Quarterly Update

    Q1 2026 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

  2. 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

  3. Slide 3: First Quarter 2026 Highlights

    First Quarter 2026 Highlights 1 Growth in Canada led by continued strength in the immunity, sleep 1 and stress categories and supported by the made in Canada, quality-focused marketing campaign 2 Revenue growth in China driven by strong Women’s Day promotional performance featuring Biotin and vitami

  4. Slide 4: Summary of Segment Results: Jamieson Brands

    JAMIESON BRANDS First Quarter 2026 Summary of Segment Results • Revenue was $151.9 million, an increase of 15.6% or $20.5 million Canada U.S. China International revenue revenue revenue revenue increased increased increased increased 2 0 2 6 4.0% to 3.7% to 51.9% to 20.9% to $75.3 million $21.5 mill

  5. Slide 5: Summary of Segment Results: Strategic Partners

    STRATEGIC PARTNERS First Quarter 2026 Summary of Segment Results • Revenue was $17.9 million, an expected increase of 22.6% or $3.3 million, driven by customer ordering patterns and shipment of new business secured in Fiscal 2025 • Gross profit increased 72.0% or $1.0 million to $2.5 million 2 0 2 6

  6. Slide 6: Balance Sheet and Cash Flow

    First Quarter 2026 Balance Sheet and Cash Flow • As at March 31, 2026, the Company had approximately $93.7 million in cash and available revolving and swingline facilities and net debt1 of $406.3 million • The Company used $5.8 million in cash from operations compared to $31.6 million generated in Q

  7. Slide 7: Consolidated Results

    First Quarter 2026 Consolidated Results METRIC Q1 2026 Q1 2025 Growth Rate Consolidated Revenue $169.8 $146.0 16.3% Canada $75.3 $72.4 4.0% U.S. $21.5 $20.7 3.7% China $43.3 $28.5 51.9% 2 0 2 6 International $11.8 $9.8 20.9% W E L L N E S S Total Jamieson Brands Segment $151.9 $131.4 15.6% Strategic

  8. Slide 8: Summary Consolidated Financial Information

    Summary Consolidated Financial Information Fiscal Year Ended December 31, ($ in millions, except as otherwise noted) 2025 2024 2023 2022 2021 2020 Revenue 822.1 733.8 676.2 547.4 451.0 403.7 Cost of sales 483.7 458.2 442.6 349.0 288.6 258.9 Selling, general and administrative expenses 216.2 174.5 14

  9. Slide 9: Summary Consolidated Financial Information

    Summary Consolidated Financial Information Three Months Ended March 31, ($ in millions, except as otherwise noted) 2026 2025 % Change Revenue 169.8 146.0 16.3% Cost of sales 100.7 90.7 10.9% Gross profit margin 40.7% 37.8% 2.9% Selling, general and administrative expenses 52.5 49.7 6.0% Share-based

  10. 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 Fiscal Year Ended March 31, December 31, ($ in millions, except as otherwise noted) 2026 2025 2025 2024 2023 2022 2021 Net earnings 9.6 (2.5) 64.5 51.1 46.0 52.8 52.1 Provision for income taxes 0.7 (1.

  11. 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. $147.5 $162.0 - $170.0 14.0% - 19.0%** • China $142.7 $178.0 – $193.0 25.0% - 35.0% • Internatio

  12. Slide 12: Investor Relations Contact

    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

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