Byrna Technologies, Inc. · NASDAQ:BYRN
Byrna Technologies — Investor Presentation (November 2025)
21 slides from Byrna Technologies's investor presentation, Nov 13, 2025
Slide 1: Investor Presentation November 2025
INVESTOR PRESENTATION love r 202! November 2025
Slide 2: Safe Harbor Statement
SAFE manson STATEMENT {Btsance nmanea romain te renee on ht “ ere et uring a tt cine neces rs boing teen ‘efgrrane’ banged ae tang hanes Sanna ay OX ce im nar sae as Heke eh aya hy Sse ee Sa nes Nasdaq: BYRN | 2
Slide 3: Countervailing Societal Trends
COUNTERVAILING SOCIETAL TRENDS Increased Concerns About Safety and Less Tolerance Towards Gun Violence are a Tailwind for Bya Products Se toners So cane Pen Nasdaq: BYRN | 3
Slide 4: Byrna Is Part of the Solution
BYRNA IS PART OF THE SOLUTION Our Mission “To provide civilians, law enforcement officers and security professionals with a safe, reliable and effective non-lethal alternative to traditional firearms that will allow Byrna’s customers to protect and defend themselves, their families and their communi
Slide 5: Headquarters and Customers
Headquarters Andover, Massachusetts 150 US Employees Customers 700,000+ launchers sold ‘over the last 5 years 30+ International Customers/Agencies 500+ Dealer Locations
Slide 6: US Consumer Market Opportunity
US CONSUMER MARKET OPPORTUNITY * 250MM Potential Customers in the )) byrna US Consumer Market {——_US Consumer Market, ————— 250MM Adults * Estimated Lifetime Value of Customer - $1,000 300,000+ unique ecommerce customers (all-time) * Total Addressable Market (US Consumer): * $250 Billion ($100 Billi
Slide 7: Regional and Segment Focus
REGIONAL AND SEGMENT FOCUS USMCA (US, Mexico and Canada) * U.S. and Canada Primarily Direct to Consumer (DTC) ~ and through dealers (99% of US/CAN sales) ‘Service inbound law enforcement and private security inquiries (<1% of US/CAN sales) * Mexico Primarily law enforcement focused with recent succe
Slide 8: Product Offering
PRODUCT OFFERING Pistols and Ammo & CO2 ‘Alarms a A Nasdaq: BYRN | 8
Slide 9: How It Works - Pistols
HOW IT WORKS - PISTOLS Byrna SD ~ Intemals Cutaway ete Poseson and use ay be subto sa e eputen, First trigger pull punctures CO2 and propels projectile simultaneously using our patented technology Incapacitates an assailant from a safe standoff distance of up to 60 feet ‘Compact and yday carry Fires
Slide 10: How It Works - Ammo
HOW IT WORKS - AMMO 2 Types of projectile: f= * Self-Defense (Chemical Irritants and Kinetic) * Training (Inert Powder and Eco-Friendly Powder) A Key features: { * 68 caliber projectiles compatible with all current ¢ ¢ Byma launcher platforms (.61 for CL) f * Break lines to ensure breakage upon impa
Slide 11: Byrna Growth History
BYRNA GROWTH HISTORY Net Revenue ($ in millions) Nasdaq: BYRN | 11
Slide 12: Selected Metrics - YoY Comparison
SELECTED METRICS - YoY COMPARISON 03 2024 03 2028 YoY % Change Average Daily Sessions (byrna.com) 31,135 40,205 29% Conversion Rate % (byrna.com) 1.14% 0.84% 0.30% decrease Average Order Value, Gross $ (byrna.com) $373 $384 3% Total DTC Orders") ($ in 000s) $16,048 $17,905 12% Total Revenue ($ in 00
Slide 13: Future Growth Strategy
FUTURE GROWTH STRATEGY ‘Sportsman's Warehouse SiS (www.byrna.com, Amazon, Partnership + Retail Stores www. ‘Wand influencer marketing, within a Store + Total of 116 stores: + 25fullstores with shooting pod experience Radio networks more wiling to partner with our product category (¢g. Premiere, West
Slide 14: Financial Snapshot
FINANCIAL SNAPSHOT ‘Three Months Ended (S in thousands) ‘August 31, 2024 August 31, 2025 Revenue $20,854 $28,178 Gross Profit $13,012 $16,922 Net Income $1,025 $2,235 Adjusted EBITDA $1,944 $9,723 | Adjusted EBITDA % 9.3% 13.2% Nasdaq: BYRN | 14
Slide 15: Financial Position
FINANCIAL POSITION As of May 31, 2025 As of August 31, 2025 ($ in thousands) (unaudited) (unaudited) Cash 87,001 96,495 [Inventory $32,286 $34,106 Marketable Securities $5,984 $2,501 | Receivables $6,536 $8,872 Payables + Accrued Liabilities $14,377 $12,698 ‘Debt so $0 Net Working Capital $40,374 $4
Slide 16: New Product Innovation
NEW PRODUCT INNOVATION Compact Launcher: High End Conceal Carry aes Launched ahead of schedule — shipping started May 2025 smallest, market ‘38% smaller than the Byrna SD yet hits as hard as the syena LE * Fires a .64 caliber projectile at 400 FPS. Re L-pierce technology - C02 sits unpunctured indef
Slide 17: Investment Thesis
INVESTMENT THESIS Attractive Valuation Best-in-class product right for the times - Byrna offers a compelling solution to countervailing societal trends Leading position in nascent industry with an enormous total addressable market Strong tailwinds with public sentiment shifting towards less-lethal s
Slide 18: Contact Us
© byrna CONTACT US Tom Colton & Alec Wilson Gateway Group, Inc. T: 949-574-3860 BYRN@gateway-grp.com Nasdaq: BYRN | 18
Slide 19: Nasdaq: BYRN | 19
Nasdaq: BYRN | 19
Slide 20: Byrna Launchers Comparison Overview
BYRNA LAUNCHERS COMPARISON OVERVIEW DISTANCE COMPARISON one te STANDOFF DISTANCE = EQUALS SAFETY FP SRE eee | i sess =|
Slide 21: Adjusted EBITDA Reconciliation
ADJUSTED EBITDA RECONCILATION (Sin thousands) Net income (Loss) August 91,2024 ‘Three Months Endod ‘August 31, 2025 $2295
Byrna Technologies — Investor Presentation (November 2025) on 6ix