Dominion Lending Centres, Inc. (canada) Class A · TSX:DLCG
Dominion Lending Centres, Inc. (canada) Class A — Dominion Lending Centres — Q1 2026 Earnings Presentation
20 slides from Dominion Lending Centres, Inc. (canada) Class A's earnings presentation, May 7, 2026
Slide 1: Investor Presentation
May 2026 Investor Presentation TSX: DLCG
Slide 2: Disclaimer
Disclaimer THIS PRESENTATION IS BEING SUPPLIED TO YOU SOLELY FOR YOUR INFORMATION AND MAY NOT BE REPRODUCED, FURTHER DISTRIBUTED OR PUBLISHED IN WHOLE OR IN PART BY ANY OTHER PERSON. THIS PRESENTATION DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER FOR SALE OR SOLICITATION OF ANY OFFER TO BUY ANY SECU
Slide 3: One of Canada's Leading Mortgage Broker Networks
DLCG’s Track Record of Success 13% 14% One of Canada’s 7-Year CAGR2 7-Year CAGR2 Leading Mortgage Revenue Adjusted EBITDA1 Broker Networks $84.5B 49% 2025 7-year Average2 and Owner of Newton Funded Mortgages Adjusted EBITDA Margin1 Connectivity Systems: a proprietary fintech mortgage processing 2025
Slide 4: Canada's Premier Mortgage Broker Franchise Platform
Canada’s Premier DLCG Broker Networks Mortgage Broker Franchise Platform Leveraging two decades of growth and a multi- brand strategy to become the partner of choice for mortgage brokers and lenders and a trusted Industry-Leading Lending Partners mortgage partner for Canadian consumers. 500+ 8,500+
Slide 5: Newton Connectivity Systems fintech platform
Newton Connectivity Systems is a leading fintech platform connecting brokers directly and securely to clients, lenders, and third-party suppliers. Credit Velocity, Newton’s operating system, Unions seamlessly automates the entire mortgage Mortgage submission and approval process for brokers, Broker
Slide 6: Scalable, Asset-Light Model Drives Strong Growth & Profitability
Scalable, Asset-Light Total Revenue CAD millions Adjusted EBITDA1 Adjusted EBITDA Margin1 Model Drives Strong CAD millions Growth & Profitability $80M Revenue generated by franchise royalties, 59% 49% 47% 52% 47% 51% lender fees, commissions and connectivity fees 42% 45% 39% $60M Long-term franc
Slide 7: Positioned for Market Share Growth in a Large and Growing Market
Total Canadian Mortgages Outstanding at Chartered Banks1 CAD trillions Positioned for $1.8 trillion Market Share Canadian Mortgages Outstanding, Growing at a 6% CAGR Over the $1.7T $1.7T $1.8T Growth in a Large Last 10 years. $1.6T and Growing Market $1.4T $1.3T $1.2T $1.2T $1.1T $1.0T $1.1T $655 Bi
Slide 8: Closing the Mortgage Broker Penetration Gap
Closing the Mortgage Broker Mortgage Broker Market Share Penetration Gap Unlocks Path to By Country More Than Doubling Market Size 87% Mortgage brokers currently represent ~32% of mortgage originations in 75% Canada1—a penetration rate significantly lower than comparable markets like Australia (75%)
Slide 9: Mortgage Renewals Driving Growth Through 2027
YOY Growth Rate of Canadian Mortgages Outstanding1 Mortgage 14% Renewals Driving Growth Growth Rate BoC Policy Rate3 12% Through 2027 10% 8% Over 5 million mortgages are expected to renew through the 6% end of 2027 driven by the The Pandemic and record pandemic-era borrowing boom low interest rates
Slide 10: DLCG's Winning Strategy: Capitalizing on a Growing Market
DLCG’s Winning DLCG Funded Mortgage Volume (FMV) CAD billions Strategy: Capitalizing on a Growing Market $79.6B $84.5B To Drive Funded $71.3B $67.4B Mortgage Volume Growth $56.5B $51.5B $41.7B $37.0B $35.4B $36.4B $32.9B $25.9B 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10
Slide 11: The DLC Group's Revenue Model
The DLC Group’s Revenue Model The majority of the DLC Group’s revenue is generated by the Funded Mortgage Volume (FMV) that flows through its network. The company earns approximately 11-12 basis points on FMV, driven by contributions from franchise partners, corporately-owned brokerages, lenders and
Slide 12: Augmenting Growth Through an Accretive Acquisition Strategy
The 2013 Mortgage Centre Mortgage 2015 Architects Augmenting Growth Newton Through an Accretive 2016 Connectivity Systems (70%)1 Acquisition Strategy Newton 2022 Connectivity Strategic Rational Acquisitions Systems (30%)2 The Mortgage Centre (2013) Mortgage Architects (2015) Real Grow Funded Mortgag
Slide 13: Core Focus: Grow Funded Mortgage Volume
Growth Strategy Core Focus: Grow Funded Mortgage Volume Total Mortgage Brokers CAD billions Funded Mortgage $100B 9,023 8,663 Volume 7,749 8,221 8,192 $80B 6,592 Initiatives 5,627 $60B Active recruitment of new brokers and 5,237 5,401 5,407 franchises to the DLCG network Increase broker producti
Slide 14: Expand Velocity Adoption Across the DLCG Network
Growth Strategy Expand Velocity Newton Revenue Velocity Adoption CAD millions within the DLCG broker network Adoption Across the $35M 83% DLCG Network and 73% $30M Drive Future Growth 63% $25M 55% Initiatives $20M 44% Increase Velocity adoption across the DLCG broker network with a goal to $15M re
Slide 15: Accretive Acquisitions to Expand Funded Mortgage Volumes & Enter New Verticals
Growth Strategy Accretive Acquisition Priorities Acquisitions to Grow broker and franchise network Expand Funded Strong pipeline of acquisition opportunities to Mortgage Volumes & “reflag” competitor brokers to DLCG brands Enter New Verticals Enter new complimentary verticals Initiatives Home insura
Slide 16: Near-Term Outlook: Strong Renewal Market And Improving Housing Activity
Canadian Home Sale Activity1 BoC Policy Rate2 Near-Term Outlook: 900k 6% Strong Renewal Market 800k 5% And Improving Housing 700k Activity 600k 4% Mortgage origination volumes continue to benefit from a strong renewal market as pandemic-era 500k mortgages reach their term and the decline in 3% int
Slide 17: Q1 2026 Highlights: Resilient and Consistent Performance
Q1 2026 Highlights: Resilient and Consistent Quarter Ended March 31, 2026 March 31, 2025 % Change Performance Funded Mortgage Volume $16.4 B $16.4 B -% Consistent FMV despite a strong comparable quarter in Q1 2025 driven by strong renewal market, Revenue $20.0 M $18.7 M 7% increased broker product
Slide 18: Capital Allocation Supported by Strong Cash Flow & Balance Sheet
Capital Allocation Supported by Strong Cash Flow & Balance March 31, 2026 March 31, 2025 Sheet Three months ended Free Cash Flow2 $6.8 M $6.8 M DLCG’s strong balance sheet is well positioned to support the Company’s capital allocation priorities: Cash $1.5 M $4.2 M Growth: Grow both organically th
Slide 19: Experienced Management with Strong Shareholder Alignment
Experienced Gary Mauris Chris Kayat Co-Founder, Executive Co-Founder, EVP & Chairman & CEO Director Management Prior to co-founding DLCG in 2006, Gary successfully built and exited two Prior to co-founding DLCG in 2006, Chris was active in the real estate with Strong companies. He was industry and w
Slide 20: TSX: DLCG dlcg.ca
dies MORTGAGE GROUP TSX: DLCG dicg.ca
Dominion Lending Centres — Q1 2026 Earnings Presentation on 6ix