Enterprise Group, Inc. · TSX:E
Enterprise — Investor Presentation (December 2025)
23 slides from Enterprise's investor presentation, Dec 4, 2025
Slide 1: Investor Presentation
OTCQB: ETOLF & TSX:E Investor Presentation www.enterprisegrp.ca December 2025
Slide 2: Legal Notice: Forward-Looking Statements
LEGAL NOTICE OTCQB: ETOLF & TSX:E Forward-Looking Statements Certain statements in this presentation about our current and future plans, expectations and intentions, results, levels of activity, performance, goals or achievements or any other future events or developments constitute forward-looking
Slide 3: Enterprise at a Glance
ENTERPRISE AT A GLANCE OTCQB: ETOLF & TSX:E Enterprise Group is a leading provider of site power systems, infrastructure, and services to the Canadian resource and construction industries 1 >22% 38% 5-year Adj. EBITDA revenue CAGR Margin in 2024 Market Leader In rapidly growing NG turbine electrific
Slide 4: Key Investor Considerations
KEY INVESTOR CONSIDERATIONS OTCQB: ETOLF & TSX:E Enterprise Group is a leader in site infrastructure to the Canadian Energy sector and uniquely positioned as sole provider of short- and long-term low-emission site electrification systems for industries such as energy, mining, commercial & industrial
Slide 5: A Client List of Industry Leaders
A CLIENT LIST OF INDUSTRY LEADERS OTCQB: ETOLF & TSX:E Enterprise serves a diverse group of customers across multiple industries 5
Slide 6: Attractive Macroeconomic Backdrop
ATTRACTIVE MACROECONOMIC BACKDROP OTCQB: ETOLF & TSX:E Robust Macroeconomic Trends & Outlook • Bipartisan support in Canada to double LNG capacity at Kitimat to 28M tonnes per year (Train 2 in operation as of early December 2025) • Inclusion of Ksi Lisims LNG facility (12 Mtpa) on Canada's list of m
Slide 7: Inflection Point: Canadian Natural Gas Activity
INFLECTION POINT: CANADIAN NATURAL GAS ACTIVITY OTCQB: ETOLF & TSX:E Quarterly History of Canadian Natural Gas Rig Count Vs Enterprise Group's1,2... Revenue Return on Equity (LTM) Share Price Natural Gas Rig Count E - Revenue $ Natural Gas Rig Count E - ROE % (LTM) Natural Gas Rig Count E - Share Pr
Slide 8: 2026 Forecasts Expect Higher Production & E&P Spend
2026 FORECASTS EXPECT HIGHER PRODUCTION & E&P SPEND OTCQB: ETOLF & TSX:E ATB Capital Markets Survey1 Positive Industry Outlook for 2026 "Capital program is expected to generate • 6-7% weighted-average gas production 11% production growth [in 2026]..."2 growth in next 12 months vs 4-5% for oil • Expl
Slide 9: Major Strategic Interests in Canadian Natural Gas
MAJOR STRATEGIC INTERESTS IN CANADIAN NATURAL GAS OTCQB: ETOLF & TSX:E Structural Attractiveness • Rising power demand for AI data centers is propelling natural gas from a transition fuel to an essential energy source • Recent transactions highlight the attractiveness of Western Canada, particularly
Slide 10: Operations Overview
OPERATIONS OVERVIEW OTCQB: ETOLF & TSX:E EVOLUTION POWER Based in Fort St. John , A pioneer in pipeline A full-service oilfield site Focused on long-term to PROJECTS is leading the BC, WESTAR OILFIELD thermal expansion and infrastructure company, +permanent turbine industry by advancing the RENTALS
Slide 11: Flex Canada Acquisition Enhances Growth Capabilities
FLEX CANADA ACQUISITION ENHANCES GROWTH CAPABILITIES OTCQB: ETOLF & TSX:E Summary Transaction Highlights In May 2025, Enterprise acquired Flex Leasing ✓ Fleet expansion with 17 additional turbine generators currently Power and Service ULC ("Flex Canada") from Flex in the field (43% growth in fleet)
Slide 12: Overview of Flex Canada / FlexEnergy Solutions
OVERVIEW OF FLEX CANADA / FLEXENERGY SOLUTIONS OTCQB: ETOLF & TSX:E Industry-Leading Natural Gas Turbine Technology with 2.0 MW Units • FlexEnergy Solutions is a globally recognized original equipment manufacturer (OEM) of turbine and microturbine power generation Contracts with Tier-One Energy, equ
Slide 13: Evolution Power Overview
EVOLUTION POWER OVERVIEW OTCQB: ETOLF & TSX:E Strong Market Dynamics Established in 2022 Existing Market Penetration2 Expansion Markets Untapped • Actionable expansion into mining Sole Provider of Gas Turbine Market industry underway, both at build Electrification Systems stage and operational stage
Slide 14: Evolution Power Projects
EVOLUTION POWER PROJECTS OTCQB: ETOLF & TSX:E Established: 2022 (previously WESTAR Power Div) Leading the way by advancing the Our Natural Gas to Electricity Eliminating diesel fuel handling Natural Gas to Electricity methods methods substitute 10 to 20 diesel completely, is not only an of mobile po
Slide 15: Introducing an Electrification Grid System
INTRODUCING AN ELECTRIFICATION GRID SYSTEM OTCQB: ETOLF & TSX:E One central natural gas turbine generator Evolution offers a comprehensive fleet to power the entire site. The natural gas of associated site infrastructure such generator can work with source gas or a as a full array of lighting soluti
Slide 16: Drilling Site Example of NG to Electrical Grid
DRILLING SITE EXAMPLE OF NG TO ELECTRICAL GRID OTCQB: ETOLF & TSX:E Distribution Panel Light Towers Drive-over Bridge Light Towers Cabling Distribution Cabling Panel NG Generators 16
Slide 17: Industrial Example of Natural Gas CHP Units
INDUSTRIAL EXAMPLE OF NATURAL GAS "CHP" UNITS OTCQB: ETOLF & TSX:E Learn more about this project from the Municipal Climate Change Action Centre • In 2021, the City of Grand Prairie completed an installation of two FlexEnergy 333 kW natural gas combined heat and power ("CHP") units as part of the Mu
Slide 18: Fuel Consumption / Cost Comparison
FUEL CONSUMPTION / COST COMPARISON OTCQB: ETOLF & TSX:E 350 kW Diesel Generator 333 kW Gas Turbine 333 kW Gas Turbine Load 100% Load 100% Load 100% Volume 2,400 Litres/Day Volume 74.7 MCF/D Volume 74.7 MCF/D Price $1.60 / Litre Price *$21.00 / MCF Price **$0.00 / MCF Total $3,840 / Day Total $1,569
Slide 19: Emissions Data: Diesel vs Natural Gas
EMISSIONS DATA: DIESEL VS NATURAL GAS OTCQB: ETOLF & TSX:E 350 kW Diesel Generator 333 kW Gas Turbine Pollutant Emission Rate Pollutant Emission Rate Reduction PM2.5 9.59 kg/d PM2.5 0.34 kg/d -96.4% PM10 9.59 kg/d PM10 0.34 kg/d -96.4% SOX 8.93 kg/d SOX 0 -100.0% NOX 135.11 kg/d NOX 16.53 kg/d -87.8
Slide 20: Annual Financial Performance
ANNUAL FINANCIAL PERFORMANCE OTCQB: ETOLF & TSX:E Annual Financial Performance 40,000,000 7,000,000 6,000,000 35,000,000 5,000,000 30,000,000 4,000,000 Revenue CDN $ 25,000,000 3,000,000 Net Income 20,000,000 2,000,000 G.M. = 46% G.M. = 45% EBITDA = 40% EBITDA = 38% 1,000,000 15,000,000 G.M. = 40% E
Slide 21: Financial Snapshot
FINANCIAL SNAPSHOT Share & Price Data as of December 4, 2025, CAD$ Financial Data as of September 30, 2025, CAD$ Closing price $1.42 52-Week Share Price Range Shares Outstanding Shares Fully Diluted $1.08-$2.69 - 80.7 Million 87.2 Million Fully-Diluted Market Cap EV (2) Cash Position $123.8 Million
Slide 22: In Summary
IN SUMMARY OTCQB: ETOLF & TSX:E Achieved a leadership position in the Canadian energy sector with new acquisition to diversify growth exposure to clients in new industry verticals such as mining, industrial prime power, CHP etc. Boasting significant profitability with substantial margins, resulting
Slide 23: Contact Us
Enterprise Complementing the building out of Infrastructure for Energy and General Construction CONTACT US LEONARD D. JAROSZUK DESMOND O’KELL CHAIRMAN & C.E.O. PRESIDENT & DIRECTOR 780.418.4400 825.223.1104 ld.jaroszuk@enterprisegrp.ca des.okell@enterprisegrp.ca www.enterprisegrp.ca OTCQB: ETOLF & T
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