35 slides from Information Services Corp. Class A's earnings presentation, Mar 20, 2026
Slide 1: Investor Presentation
March 2026 Investor Presentation isc.ca TSX:ISC
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking information, forward-looking statements and financial outlooks (collectively, “forward-looking information”) within the meaning of applicable Canadian securities legislation including, without limitation, statements related to the industries in w
Slide 3: Company Overview
Company Overview A leading provider of registry and information management technology and services for public data and ~580 Employees 8 Canadian Offices records related to land, personal property, and 1 International corporations. 2025 Q4 Revenue 2025 Q4 Adjusted EBITDA Registries are essential for
Slide 4: Third Quarter Financial Results & Highlights
Third Quarter Financial Results & Highlights For the three months ended Ticker Symbol TSX:ISC December 31, 2025 Market Capitalization $887.53M* Revenue $65.5M Adjusted EBITDA $27.1M Dividend Per Share $0.23 Net Income $4.9M 1.93%* Dividend Yield Adjusted Net Income $14.3M EPS (diluted) $0.26 For the
Slide 5: ISC is a powerful combination of a high-quality registry asset + growth and diversification
ISC is a powerful combination of a high-quality registry asset + growth and diversification Who We Are… …A Powerful Combination Key Takeaways Technology Pure-Play Companies Registries ISC is a unique business mix, combining a stable, technology-enabled registry Long-term business with a high-growt
Slide 6: ISC has built a leading, scaled global registry services business
ISC has built a leading, scaled global registry services business Strong Organic & Inorganic Meaningfully Greater Scale Larger and More Diversified Growth Revenue (C$M) Secured Saskatchewan $258 Revenue Registry Extension Until 2053 Breakdown (2013) 100% $79 Revenue has grown by a Proven Track Recor
Slide 7: ISC is a strong, stable and diversified business that demonstrates remarkable resilience
ISC is a strong, stable and diversified business that demonstrates remarkable resilience in varying economic conditions. isc.ca TSX:ISC 7
Slide 8: ISC has three distinct eras in our growth story
ISC has three distinct eras in our growth story 2013 to 2015 2015 to 2023 2023 to Today Description Transition to Public Registries Extension & Diversifying the Business Fiscal year end as of December 31 Company Set Up for Future Success Revenue Organic (1%) 8% 10% Since IPO, Growth CAGR Overall (1%
Slide 9: Growth has been primarily organic while strategically leveraging M&A
Growth has been primarily organic while strategically leveraging M&A to diversify and enter new markets 16.4% CAGR over previous 5-year period (2020 - 2024) Nearly two thirds of incremental revenue was organic 12.7% Revenue CAGR from 2015 - 2025 2013 2014 20156 2016 2017 2018 2019 2020 2021 2022 202
Slide 10: A decade of revenue growth translated into free cash flow per share growth
ISC has demonstrated a decade of revenue growth that has translated into free cash flow per share growth ISC’s Third Era: MSA Extension and Set Up for ISC’s Second Era: Future Diversifying the Business $3.99 $3.10 $2.85 $2.70 $2.52 $2.20 $1.75 $1.61 $1.46 $1.47 $1.35 $1.35 $1.27 $247 $258 $215 $190
Slide 11: Margins reflect the expansion and diversification of ISC's businesses
Margins reflect the expansion and diversification of ISC’s businesses Adding new lines of business as part of our strategic growth plan has diversified ISC’s revenue streams, reducing reliance on the single registry product and the Saskatchewan market. This has enhanced stability, reduced risk and a
Slide 12: Adjusted EBITDA has almost tripled since IPO
Adjusted EBITDA has almost tripled since IPO as our business has diversified 43% 40% 40% 39% 39% Avg. 37% 38% 37% 36% 36% 34% 34% 30% 30% $103 $90 $73 $68 $64 $49 $40 $34 $33 $33 $36 $32 $30 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1 1 Adj. EBITDA (C$M) Adj. EBITDA Margin Eve
Slide 13: Prudent and disciplined approach to capital allocation
Prudent and disciplined approach to capital allocation has served all shareholders well Historical Capital Allocation Key Takeaways Capital • ISC has taken a prudent and balanced approach to capital Returns Allocated allocation Strategic ~$150M • Strategic acquisitions and the MSA extension have bee
Slide 14: ISC's acquisition strategy in Services has generated significant shareholder returns
ISC’s acquisition strategy in Services has generated significant shareholder returns $137M or $7.53 /share of value creation (Illustrative) $287 Key Takeaways $92 • Expansion of our business has been completed without any $195 dilution to shareholders $150 • The organic and inorganic growth from thi
Slide 15: ISC has always invested strategically in long-term stability
ISC has always invested strategically in long-term stability Compelling Strategic Rationale MSA Extension: Certainty on 30 Years of Cash Flow $1.3B cash flows secured to use towards growth and return of capital14 Previous MSA MSA Extension (2013 to 2033) (+20yr Extension to 2053) Unlocks the value o
Slide 16: Maintaining a focus on ROIC guides our disciplined investment process
Maintaining a focus on ROIC guides our disciplined investment process Return on Invested Capital (Since 2015)15 Strong ROIC throughout ISC’s second era growth period, characterized by multiple scaled acquisitions increasing ISC’s capital base; ROIC averaged 19.4% between 2015 and 2022. ROIC temporar
Slide 17: MSA extension generates long-term shareholder value
MSA extension generates long-term shareholder value and immediately increases near term metrics Immediate Financial Benefits (C$M) Illustrative NAVPS Accretion Full-Year Unlevered returns in excess of 10% vs cost of debt FY 2022 PF FY2022 % Change in the mid-single digits Adjustment Revenue $190 +$1
Slide 18: ISC's TSR has outperformed the S&P TSX Small Cap Index
ISC’s TSR has outperformed the S&P TSX Small Cap Index 2023 to Pre-Announcement 2013 to 2015 2015 to 2023 of Strategic Review(5) IPO(1) to ESC ESC Acquisition to MSA MSA Extension to 450% Acquisition(2) Extension(3) Plantro Mini-Tender(4) ISC Small Cap ISC Small Cap ISC Small Cap 19% 7% 104% 52% 27%
Slide 19: Our Growth Strategy
Our Growth Strategy isc.ca TSX:ISC 19
Slide 20: ISC's proven success is based on the right strategy at the right time
ISC’s proven success is based on the right strategy at the right time. isc.ca TSX:ISC 20
Slide 21: Goal to Double Annual Revenue & Adj. EBITDA by 2028
Goal to Double Annual Revenue & Adj. EBITDA by 2028 Having doubled the size of ISC on a revenue and adjusted EBITDA basis over the last 10 years, our goal is to again double the size of the Company, on a similar metrics basis and based on 2023 results, but in half the time (5 years), through a combi
Slide 22: Acquisition Strategy
Acquisition Strategy Target Criteria Preference for large ($50M+) Strong alignment with ISC offerings opportunities that are material to ISC Registries or services/technologies for registries or smaller opportunities (<$50M) that meet key criteria Privatized government services that have a tech and
Slide 23: 2026 Guidance & Pathway To Growth
2026 Guidance & Pathway To Growth 2026 FY Revenue FY Adjusted EBITDA $273M - $283M $100M - $107M Pathway to Growth Revenue Adjusted EBITDA (Millions of CAD) (Millions of CAD) $429M $146M $247M $262M $278M** $103M $104M** $215M 2028 $90M 2028 $73M Growth Growth Goal* Goal* 2023 2024 2025 2026 2027 20
Slide 24: The Right Strategy for the Third Era of ISC
The Right Strategy for the Third Era of ISC Strategic Commitment What we’ve done and where we’re going • Strategic investments to capitalize on increasing AML / FINTRAC requirements, Intense focus on registries, government along with positive trends in Recovery • Leverage strong reputation and regis
Slide 25: The path for achieving growth responsibly is clear
The path for achieving growth responsibly is clear Adjusted EBITDA1 (C$M) Levers to Achieve Goal Build on and increase previous organic growth $145 • 5-year historic annual organic revenue growth was 9% Continue Operational Excellence • Continue driving operating leverage, cost efficiency, and $90$
Slide 26: Management Compensation Aligned to Shareholder Value Creation
Management Compensation Aligned to Shareholder Value Creation Approach to Compensation Key Takeaways Metric24 Rationale • Balanced and multi-dimensional. A blend of value creating metrics with profitability, cash flow generation, and per share growth ensures compensation can’t be gamed. Long-Term In
Slide 27: ISC's Board brings strong, credible, relevant skills and experience
ISC’s Board brings strong, credible, relevant skills and experience Key Factors ISC’s Board • Deep industry experience, most notably in information technology and real estate, which are highly Industry Experience relevant to ISC’s business • Comprehensive skills matrix employed in director refreshme
Slide 28: Creating Value the ISC Way
Creating Value the ISC Way The ISC Way Other Market Participants Long Term > Short Term Short Term > Long Term Smart and reliable growth Growth at all costs M&A only when it’s accretive and M&A to hit targets achieves a strategic purpose Valuing customers Alienating customers Thoughtful margin focus
Slide 29: Key Investor Considerations
Key Investor Considerations Registry Operations Services Technology Delivering very strong growth, ~$1.3B CAD in cash flow significant growth - Solutions predictable cash flow and over the next 30 years $12M to over $110M in future growth revenue diversification through Saskatchewan revenue since ES
Slide 30: Leadership Summary
Leadership Summary isc.ca TSX:ISC 30
Slide 31: Leadership
Leadership ISC has assembled a world class management team and Board of Directors in a multitude of areas of expertise, including but not limited to: registries, information services, technology, finance and M&A. The combined team has been responsible for the development and execution of ISC's growt
Slide 32: Executive Team
Executive Team Shawn B. Peters Robert (Bob) Antochow Todd Antill Jeffrey Fallowfield President and Chief Chief Financial Officer Vice-President, President, ESC Corporate Executive Officer Registry Operations Services Laurel Garven Ryan Graham Kathy E. Hillman-Weir Catherine McLean Vice-President, Vi
Slide 33: Board of Directors
Board of Directors Joel Teal Amber Biemans Roger Brandvold Doug Emsley Anthony Guglielmin Chair of the Board of Directors Member of the Governance Member of the Chair of the Member of the and Nominating Committee Compensation Committee Compensation Committee Audit Committee Iraj Pourian Laurie Power
Slide 34: End Notes
End Notes 1 Adjusted EBITDA (and Adj. EBITDA) and adjusted EBITDA Margin are non-IFRS measures. See the Disclaimer slide at the front of this presentation for more information. 2 Adjusted earnings per share (basic) for 2015 have been derived using a methodology consistent with the 2024 and 2025 calc
Slide 35: isc.ca TSX:ISC
isc.ca TSX:ISC 35