Dexterra Group, Inc. · TSX:DXT
Dexterra — Investor Presentation (September 2025)
32 slides from Dexterra's investor presentation, September 2025
Slide 1: Investor Presentation September 2025
INVESTOR PRESENTATION September 2025
Slide 2: Cautionary Statement
Cautionary Statement inability to develop and maintain relationships with Indigenous communities; the seasonality of Dexterra’s business; inability to restore or replace critical capacity in a timely manner; reputational, competitive and financial risk related to cyber-attacks and breaches; failure
Slide 3: Company Overview (TSX:DXT)
COMPANY OVERVIEW: (TSX:DXT) What we do Powered by passionate people, we deliver quality services and solutions for the management and operation of infrastructure. Market View $600 million $800 million Market capitalization Enterprise value 62.2 million 50%+ (1) Shares outstanding owned by Fairfax Fi
Slide 4: Our Business
OUR BUSINESS Remote & Hospitality Services Creating Client Value Through a Integrated Diverse Services Platform Workforce Facility Solutions Accommodation Structures Support Services • Integrated Facility Solutions – including asset life cycle management, building automation, energy management • Har
Slide 5: Investment Highlights
INVESTMENT HIGHLIGHTS Established provider Market leader in Low Capital, Profitable, of Facilities diversified remote Operating Business Model Management in a services and large and growing Workforce North American Accommodations outsourced services in Canada market Strong Annual Cash Flow & Balance
Slide 6: Support Services
WHERE WE KEY CLIENT SUPPORT SERVICES DO BUSINESS SECTORS: OPERATING JURISDICTION • Aviation HEAD OFFICE • Commercial • Industrial • Government • Defence & Security • Education • Healthcare • Hotels & Leisure • Natural Resources • Rail / Transit • Retail Mississauga Ontario, CA Alexandria Virginia, U
Slide 7: Asset-Based Services
ASSET-BASED WHERE WE KEY CLIENT DO BUSINESS SECTORS: SERVICES OUR OPERATIONS • Mining • Energy • Infrastructure • Government agencies 7
Slide 8: An Expanding Platform
AN EXPANDING PLATFORM • Large and growing Support Services North American Market Outlook market (in USD Billions) • Building out our North American footprint • Strategic focus on integrated facility management • Capital-light, scalable model • Diverse base of over 400 clients • Investing in sales ca
Slide 9: Pleasant Valley Corporation
PLEASANT VALLEY CORPORATION Building Our U.S. Platform • U.S.-wide provider of FM/IFM services • Complementary distributed service model • Proprietary technology and platform to scale U.S. operations • 40% initial interest • Option to acquire balance as early as Q3 2027 • Aligned reputation, culture
Slide 10: Right Choice Camps & Catering
RIGHT CHOICE CAMPS & CATERING Full-service workforce accommodation solutions provider based in Western Canada • Operating in Montney/Duvernay region • ~2,000 beds of modern, quality equipment • Immediate uplift of ~$75M in annual Revenue and ~$15M in Adjusted EBITDA • Leverage underutilized equipmen
Slide 11: Financial Performance
FINANCIAL PERFORMANCE (1) Excludes the results of the Modular Solutions business (“Modular”) which was sold August 30, 2024. (2) Adjusted EBITDA is a non-GAAP financial measure. (3) 2023 results included unusually large wildfire support services. 11
Slide 12: Progress on 2025 Business Plan
PROGRESS ON 2025 BUSINESS PLAN Q2 Highlights • Strong Support Services and Asset- Based Services EBITDA • Return on Equity of 15% • Returned $9 million to shareholders through a combination Adjusted EBITDA(1) Trend ($M) of share buybacks and dividends • Resiliency in current economic environment (1)
Slide 13: Financial Strength and Well-Financed
FINANCIAL STRENGTH Free Cash Flow (FCF) Conversion of Adjusted EBITDA from AND WELL-FINANCED Continuing Operations • Adjusted EBITDA conversion to FCF to 80% continue to exceed 50% 70% • Increased credit facility limit to $425 million with improved pricing 60% • 14% increase in annual dividend to 50
Slide 14: Our Competitive Advantage
OUR COMPETITIVE ADVANTAGE • Long history and established base of delivering single- service FM and complex IFM contracts • Market leader of Workforce Accommodations in Canada • Community engagement, 80+ Indigenous partnerships • Diversified clientele across a breadth of sectors Powered by People Inn
Slide 15: Our Strategy and Vision Going Forward
OUR STRATEGY AND Aspirational Growth Goal VISION GOING FORWARD and Business Mix • Building our Support Services platform – technology-enabled, scalable, capital-light, ~85%-90% ~60%-65% advantaged EBITDA margins • Supporting and growing our leading high- margin remote and ABS business REVENUE EBITDA
Slide 16: Priorities
PRIORITIES • Continued strong execution, delivery of profitability and predictable results • Onboard and realize benefits from recent strategic acquisitions • Build out our U.S. platform, focused on expanding FM/IFM opportunities • Manage tariff impacts and monitor market uncertainties • Investment
Slide 17: Appendix
Appendix
Slide 18: Progress in 2024
PROGRESS IN 2024 • Record revenue and Adjusted EBITDA Revenue Trend (1) (in millions) Adjusted EBITDA Trend(1)(2) (in millions) • Positive returns to Shareholders • Repositioning to Support Services and Asset Based Services • Increased Support Services scale and profitability • Acquired CMI Manageme
Slide 19: Executive Leadership Team
EXECUTIVE LEADERSHIP TEAM Mark Becker Denise Achonu Cindy McArthur Chief Executive Officer Chief Financial Officer Chief Human Resources Officer 7 years @ Dexterra 1.5 years @ Dexterra 11 years @ Dexterra 30+ years industry 24 years industry 25 years industry Sanjay Gomes David Lambert Jeff Litchfie
Slide 20: Board of Directors
BOARD OF DIRECTORS (1) Audit Committee Member (2) Corporate Governance and Compensation Committee Member (3) Enterprise Risk Management Committee Member 20
Slide 21: The Core Values We Live By
THE CORE VALUES WE LIVE BY Accountability Diversity We don’t just walk by. We own our Everyone has a voice. Sharing successes and failures. If we see is how we learn. It’s how we something wrong, we act to make progress and move resolve it. If we see something forward as a team. right, we celebrate
Slide 22: Our Culture – The Dexterra Difference
Our Culture – The Dexterra Difference We focus on long-term value. We are entrepreneurial – we think like owners, act with initiative, and take smart risks. We operate in a decentralized model with accountability. We encourage share ownership and believe in performance-based rewards. We believe in o
Slide 23: Guiding Principles
GUIDING PRINCIPLES Client-centric approach Sustainable, long-term profitable growth Decentralized model Focus on continuous improvement Disciplined financial management and well financed Promote safety culture Support indigenous relationships & Strong shareholder returns and stakeholder value Strong
Slide 24: Technology and Innovation
TECHNOLOGY AND INNOVATION • Integrated platforms, where analytics and insights converge, validating service performance • Asset and lifecycle management • Predictive labour optimization • Autonomous & robotic cleaning equipment Reducing client costs and unplanned disruptions 24 24
Slide 25: Support Services Strategy
SUPPORT SERVICES STRATEGY IFM is a Key Driver of Growth Fully Integrated • Strong organic growth prospects Relationships • Technology enabled Investments • Investment in the resources and tools necessary for accelerated organic growth and the delivery of a multi-year acquisition program to increase
Slide 26: Our Support Services Contracts
OUR SUPPORT SERVICES CONTRACTS Typical nature of contracts Service Types Pricing Models Integrated Single service and Ranges from fixed price, cost-reimbursable, and Complex, multi-service contract that complex multi-service schedule of rates. Most contracts provide consolidates all FM services into
Slide 27: Asset-Based Services Strategy
ASSET-BASED SERVICES STRATEGY Key Drivers of Growth Maintain & Build • Strong relationships with key institutions and Market Share partners in the natural resource sector • Protect our foundation, grow market share and position by delivering great service Explore • Assess expansion of operations, tu
Slide 28: 2024 Sustainability Report
Please see Dexterra Group’s 2024 Sustainability report on our website for more details. 28
Slide 29: Community & Stakeholders
COMMUNITY & STAKEHOLDERS • Indigenous Partnerships >80 • Dexterra Stronger Communities Indigenous • Direct company giving (1%-2% of Partnerships net income) • Employee volunteering • Educational partnerships $13+ • Employer-matching donation million program for wildfire relief In Annual • Outland Yo
Slide 30: Awards & Certifications
AWARDS & CERTIFICATIONS 2023 WINNER REPORT ON BUSINESS FEAA CANADES TOF GROWS WIN NER PAIR BRONZE ey PARTNERSHIP ACCREDITATION AY EET ONS 30
Slide 31: Recent M&A Activity
RECENT M&A ACTIVITY January 2022 January 2023 February 2024 July 2025 Acquired VCI Controls for Acquired CMI for US$23 million, Acquired a 40% investment in Acquired Dana Hospitality LP for $4.2 million which expanded expanding our IFM platform PVC for US$58.3 million, with the $31.5 million. This t
Slide 32: Serving North American clients for over 75 years
We’ve been serving North American clients for over 75 years. The companies that began independently, and now form Dexterra Group, have an outstanding record of supporting the infrastructure and built assets that play a vital role in our society. We bring the right teams with the right skills togethe
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