Slide 1: Introducing Pentiv
( } Pentiv Introducing Pentiv Company Update NYSE American: PAPL - PTIV effective on or about October 26, 2026 October 2026
Slide 2: Forward-looking statements
re UO} Forward-looking statements This presentation of Pentiy, the operating brand of Pineapple Financial Inc. (the “Company”), includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Statements t
Slide 3: Agenda: Parts I, II and III
ew] Part | The company today Pineapple Financial: its network, results, balance sheet, and governance Part Il Pineapple becomes Pentiv Why the name changes, and the platform built inside the brokerage. Part Ill Building Pentiv The Al plan, built on top of Pineapple+, and Usman Maher, the new CFO and
Slide 4: Part I: The company today
Part | The company today as Pineapple Pineapple Financial today (Q3 FY2026 highlights Three income streams, at different stages Balance sheet at May 31, 2026 Leadership and governance
Slide 5: Pineapple Financial today
a Pineapple Financial today A technology-led Canadian mortgage brokerage, headquartered in Toronto. Its agents already work on one shared system of record. S10B+ One platform, lead to PineappleONE and ~15 Pineapple+ apps run the agent workflow from lead to close on one shared database. 29,000+ Opera
Slide 6: Q3 FY2026 highlights
& Q3 FY2026 highlights 2021 Three and nine months ended May 3: $2.05M 11.6% 39.5% $479K $25.3M $51.6M n-GAAP measures; the most Nine-month revenue of $2.05M, down 9.2% from $2.26M year-over-year, Nine-month mortgage volume of about $1.158, against about $1.18B a year earlier. Subscription revenue up
Slide 7: Three income streams, at different stages
a Three income streams, at different stages Brokerage and platform $2.05M Revenue, frst nine months of fscl 2026 (prior year: $2.26 Mortgage brokerage revenue and Pineapple+ subscriptions, which grew 11.6% to about $625K. Brokerage licensing is the next line. Data subscriptions Pre-revenue No lender
Slide 8: Balance sheet at May 31, 2026
ies) os Balance sheet at May 31, 2026 Unaudited, from the Form 10-Q. All loans receivable and payable are with related parties Total assets $75.9M $5.1M unrestricted cash (f $10.5M in cash and restricted cash, $5.4M is pledged as collateral. Current assets of $23.49M , against current abilities of $
Slide 9: Leadership and governance
a Leadership and governance adership Shubha Dasgupta Chief Executive Officer and Co-founder ‘Mortgage and fitech executive with 16+ years of experience Kendall Marin President, Chief Operating Officer, and Co-founder Operations-focused mortgage executive with 10+ years of experience Usman Maher Chie
Slide 10: Pineapple becomes Pentiv
a wa Pineapple becomes Pentiv A name built for what this company is becoming, not what it was. 14 Why the name changes Pineapple built the network. Pentiv is the platform. ‘Where Pentiv operates One platform for the agent lifecycle From fragmented documents to a unified loan record The Pentiv flywhe
Slide 11: Why the name changes
Why the name changes The company has outgrown its name. Pentiv names what it has become: an intelligence platform for brokerage operations, with Pineapple as its operating network and first customer. What changed What Pentiy stands for T2\ The platform was built inside Pineapple, on its own files, a
Slide 12: Pineapple built the network. Pentiv is the platform.
ol iO) Pineapple built the network. Pentiv is the platform. Pineapple A Canadian brokerage network of ~500 agents. The platform was built inside it, on its own files, and runs its book today. The platform Pentiv An intelligence platform for the agent lifecycle, built inside an operating brokerage an
Slide 13: Where Pentiv operates
ol iO) Where Pentiv operates Where mortgage tech has focused Where Pentiv operates Origination, underwriting, documents, funding. The transaction side is The people and workflows behind distribution: recruiting, retention, and crowded with capable software. renewals. Much of this work is still done
Slide 14: One platform for the agent lifecycle
One platform for the agent lifecycle Pentiv unifies the data, workflows, and applied intelligence behind recruiting, onboarding, coaching, origination, borrower engagement, and renewals. Every tool works from the same record, and every action is logged and auditable. Recruiting Onboarding and licens
Slide 15: From fragmented documents to a unified loan record
ol iO) From fragmented documents to a unified loan record Every originated deal feeds hundreds of structured data points into a single, auditable loan master record. le provincial privacy law. Loan sented, de-identified data ° Oo What that enables Now: structured, queryable records for every deal No
Slide 16: The Pentiv flywheel
re UO} The Pentiv flywheel Revenue reinvests Licensing fees, and later data products, fund the next capability. Data compounds Every funded deal enriches the dataset. The platform runs the lifecycle Recruiting through renewals, from one record, Pentiv Each turn strengthens the next Agents grow They
Slide 17: How Pentiv grows from here
How Pentiv grows from here Deepen the network License the platform Agent growth, productivity per agent, and a lower cost per Bring Pentiv to independent brokerages under their own funded loan inside Pineapple. brand, licensed per brokerage rather than per seat. Licensed deployments run on segregate
Slide 18: A treasury that supports the platform
A treasury that supports the platform The digital asset treasury holds INJ, the native token of the Injective network, and earns Digital asset exposure alone is not the business staking income: about $621K in the first nine months of fiscal 2026. Most of the holdings came in through the January 2026
Slide 19: mNAV as of May 31, 2026
re UO} mNAV as of May 31, 2026 Enterprise Value Market cap (25,534,070 shares at $1.07) $27,321,455 en | mNAV 0.65: 1.00 Plus: loans payable, interest, payable and warrant liabilities $21,729,171 Enterprise Value $43,960,919 The Company's Digital Asset Treasury ("DAT") strategy has built a treasury
Slide 20: Part III: Building Pentiv
a wa Part I Building Pentiv The Al plan, built on top of Pineapple+, and the CFO and CSO brought in to lead its financial and strategic execution. 20 24 B 28 Pineapple+ today Built on top of Pineapplet Alplan: the vision ‘Al plan: being delivered Alplan: the next wave of agents Introducing Usman Mah
Slide 21: Pineapple+ today
Pineapple+ today {An in-house hub of about 15 apps on one shared database, wrapped around licensed industry tools. stage What the agent gets statu around the hub attract leads Websites with online application; A builder Website, Core Live Built on licensed tools ‘Manage contacts Contacts, partners,
Slide 22: Built on top of Pineapple+
te) . Built on top of Pineapple+ Pentiv does not replace Pineapple’s systems. Its Al workflows sit on top of Pineapple+, the in-house hub Pineapple’s agents already use, and on one shared rules engine. Pentiv Al workflows Recruiting assistant and alternative renewals in production; origination being
Slide 23: AI plan: the vision
Al plan: the vision ‘An Al agent layer on Pineapple+ that runs the agent lifecycle, from recruiting to retention, and takes the admin out of renewals and origination THE VISION HOW We BUILD Ir A brokerage where Al handles the recruiting, onboarding Rules decide; the Al communicates. Compliance, scor
Slide 24: AI plan: being delivered
re UO} Al plan: being delivered Recruiting and Alternative Renewals are delivered and in production; Origination is being integrated into Pineapple+. 1 Recruiting Assistant Finds and engages licensed agents at other brokerages, runs outreach cadences, and books discovery all 2 Alternative Renewals H
Slide 25: AI plan: the next wave of agents
re) iO) Al plan: the next wave of agents Next on the roadmap once the first three are proven, built on the same rules engine and existing Pineapple+ systems. Onboarding Starts once the agreement is signed. Builds a checklist by province and agent type, chases documents, provisions the platform, and
Slide 26: Introducing Usman Maher
Te) 5 iO} 26 Introducing Usman Maher Chief Financial Officer and Chief Strategy Officer Building Pentiv asks its CFO to turn a platform built inside a brokerage into a licensed business, to manage the capital structure and its financing, and to report new kinds of milestones with discipline. Usman M
Slide 27: Career and credentials
Career and credentials Nearly two decades across a hedge fund, private equity, special situations, and high-growth fintech. ‘The Midway Group ‘nalystto Vice resident, 2007 to 2013, RMBS investing and loan-level modeling at an MBS hedge fund, © FAcharterholder MBA, Chicago Booth University of chicago
Slide 28: Usman's responsibilities
re UO} Usman’s responsibilities Financial operations and strategic direction, in five areas. Strategic direction Financial operations 01 02 03 Platform strategy Execution against Operating Performance commercial milestones The financial model for brokerage _Licensing milestones tracked Aligning budg
Slide 29: Operating priorities
Operating priorities Where Usman Maher will focus first. Cost and operating discipline Lock in operating cost improvements, including a more streamlined personnel cost base, and continue workflow and vendor rationalization. Revenue quality Scale Pentiv subscription revenue from mortgage agents, buil
Slide 30: How progress will be measured
How progress will be measured What Pentiv will measure as the plan moves forward, on the management cadence Usman Maher sets. The Al workflows Accuracy of each workflow in a side-by-side trial, graded by the agents who own it; rules signed off before go-live; pilot results in recruiting, renewals, a
Slide 31: Summary: A proven network at scale
Summary 1 Aproven network at scale ‘A working platform to build on 2 Amarket of brokerages, not just borrowers 4 Apath to recurring revenue A larger capital base $108 originated all time, 29,000 mortgages funded, ~500 agents. Pineapple Financial, the company’s operating brokerage, is customer zero:
Slide 32: The intelligence platform for mortgage brokerages.
rN kd The intelligence platform for mortgage brokerages. Investor relations Headquarters sting sec filings ir@pentivha.com 4111 Gordon Baker Road, Suite 200, Endeavor Trust Corporation, NYSE American: PAPL - PTIVeffective EDGAR, C1K 0001938109 ir@gopineapple.com, Toronto, Ontario M2H 3R1 Vancouver,