Slide 1: Q2 2026 Investor Presentation
Q2 2026 Investor Presentation August 2026 MULTISENSORAI.COM
Slide 2: Legal Disclaimer
Legal Disclaimer This presentation (“Presentation”) is furnished to potential investors by MultiSensor AI Holdings, Inc. (the “Company,” “MSAI,” “we,” “our” or “us”). The information in this Presentation does not purport to be all-inclusive or to contain all the information that a potential investor
Slide 3: Agenda
1. The Opportunity 2. Customer Validation 3. Platform & Innovation 4. Commercial Momentum 5. Financials 3 MULTISENSORAI.COM
Slide 4: 1. The Opportunity
1. The Opportunity 4 MULTISENSORAI.COM
Slide 5: Structural Tailwinds Support Our Strategy
The markets we serve share a common imperative: protect critical physical infrastructure, improve uptime and act earlier on emerging asset degradation TARGET MARKETS DATA CENTERS DISTRIBUTION & AIRPORTS ECOMMERCE LOGISTICS Throughput Complex Fulfillment Uptime is mission- depends on asset operations
Slide 6: Focused Where Condition Intelligence Can Create Measurable Value
Our vertical strategy concentrates resources on environments where downtime, safety and operational performance create a compelling need for earlier insight OUR FOCUS WHY THIS MATTERS FOR MSAI Mission-Critical Assets Enter through a high-value LAND monitoring problem Failures create meaningful opera
Slide 7: 2. Customer Validation
2. Customer Validation 7 MULTISENSORAI.COM
Slide 8: What We're Hearing Is Consistent With Our Strategy
We are seeing recurring customer signals across priority markets — centered on uptime, critical assets and the need for earlier operational insight SIGNALS BY MARKET DISTRIBUTION & DATA CENTERS AIRPORTS ECOMMERCE LOGISTICS • Reliability + uptime • Conveyance + handling • Baggage systems • Fulfillmen
Slide 9: Validation Creates Multiple Paths to Scale
The commercial thesis is not a single product sale. A validated use case can deepen through assets, sensing modalities, sites and enterprise workflows THE LANDING SEQUENCE EXPANSION VECTORS PROBLEM One validated use case, 1 Critical asset need four ways to grow VALIDATE ASSETS 2 Validation Creates P
Slide 10: 3. Platform & Innovation
3. Platform & Innovation 10 MULTISENSORAI.COM
Slide 11: Expanding the Platform and the Opportunity
Each new sensing modality and platform capability expands the assets, failure modes and customer problems MSAI can address PLATFORM TRAJECTORY FOUNDATION TODAY NEXT VISION Expanding the Thermal Intelligence Thermal + Vibration + Visual Additional Modalities, AI-Driven Condition Multi-Sensor Monitori
Slide 12: From Sensors to Connected Intelligence
We believe our differentiation is the intelligence layer that unifies multiple sensing technologies and turns signals into operational action DETECT FUTURE SENSOR THERMAL VIBRATION VISUAL ACOUSTIC ELECTRICAL MODALITIES IN PRODUCTION IN PRODUCTION IN PRODUCTION IN VALIDATION PLANNED PLANNED From Sens
Slide 13: Innovation with Customer Purpose
We prioritize innovation that seeks to solve specific operational problems and expand the value of the MSAI platform CUSTOMER NEED INNOVATION BUSINESS IMPACT What must improve What we are building Why it matters Detect Thermal + Vibration More addressable mechanical + Vision assets degradation Reduc
Slide 14: MSAI Connect Next-Gen
A ground-up rebuild of MSAI Connect: new architecture, new user experience and an extensible foundation for the modalities and workflows customers need • Built on a new architecture enabling greater flexibility in deployment • Supports extended asset management practices and customer workflows MSAI
Slide 15: 4. Commercial Momentum
4. Commercial Momentum 15 MULTISENSORAI.COM
Slide 16: Building the Commercial Engine
We believe our coordinated go-to-market engine is increasing awareness, educating prospects and equipping commercial teams to advance customer engagement GO-TO-MARKET ENGINE BUILD EDUCATE & AWARENESS ENGAGE Industry events Webinars PR and thought Whitepapers leadership Diagnostic content Targeted ad
Slide 17: Increasing Market Visibility and Authority
We believe focused investments in trade shows, advertising and sales enablement are strengthening MSAI’s position with reliability and maintenance audiences 6 TRADE SHOWS THIS SEASON 3 NORTH AMERICA · 3 EUROPE Increasing Market Visibility and TRADE SHOWS ADVERTISING SALES ENABLEMENT Six shows, two c
Slide 18: 5. Execution
5. Execution 18 MULTISENSORAI.COM
Slide 19: How Strategy Becomes Execution
A focused operating model connects strategy, accountability and cross-functional execution — while preserving speed and customer intimacy STRATEGIC PRIORITY PRIORITY PRIORITY CONCENTRATE FOCUS MARKETS CUSTOMERS INNOVATION RESOURCES How Strategy OPERATING SET MEASURE REVIEW DECIDE EXECUTE RHYTHM PRIO
Slide 20: What We Protect As We Grow
Our focus is on preserving the speed, ownership and customer orientation of an entrepreneurial company THE OPERATING CULTURE FOCUS SPEED DISCIPLINE • Fewer priorities • Fast feedback loops • Clear accountability • Clear vertical strategy • Rapid decisions • Metrics-driven reviews What We Protect • C
Slide 21: 5. Financials
5. Financials 21 MULTISENSORAI.COM
Slide 22: Financial Snapshot
With $21.0 million of cash on the balance sheet at quarter end, recurring software subscriptions are growing, and our leaner cost structure is supporting improved operating leverage Six months ended Six months ended OPERATING RESULTS Change Jun. 30, 2026 Jun. 30, 2025 Software Revenue $1,414 $651 +
Slide 23: Balance Sheets
Balance Sheets (unaudited) 23 MULTISENSORAI.COM
Slide 24: Statements of Operations
Statements of Operations (unaudited) 24 MULTISENSORAI.COM
Slide 25: Statements of Cash Flows
Statements of Cash Flows (unaudited) 25 MULTISENSORAI.COM