Slide 1: Q1 2026 Route1 Update
Q1 2026 Route1 Update Operational Execution. Intelligence Expansion. Scalable Growth. May 15, 2026
Slide 2: Legal Notices
Legal Notices This presentation contains statements that are not current or historical factual statements that may constitute forward- looking statements. These statements are based on certain factors and assumptions, including, expected financial performance, business prospects, technological devel
Slide 3: Q1 2026: Transition Quarter
Q1 2026: Transition Quarter Q1 2026 Results What Q1 Demonstrated Financial Progress: The Business is Evolving Toward: • Revenue increased 15% year-over-year to • Recurring operational engagement $2.57 million • Workflow intelligence • Operating loss improved materially versus Q1 • Lifecycle customer
Slide 4: Route1 is Evolving Beyond Infrastructure Deployment
Route1 is Evolving Beyond Infrastructure Deployment What Route1 is Becoming Infrastructure Deployment ↓ Lifecycle Support • Workflow orchestration ↓ • Lifecycle operational engagement Operational Intelligence • AI-assisted operations ↓ Workflow Orchestration • Recurring operational scalability ↓ Rec
Slide 5: Operational Accountability is Reshaping the Industry
Operational Accountability is Reshaping the Industry Market Drivers What Operators Increasingly Need • Washington State accountability developments • Operational transparency • Increasing governance and auditability • Workflow traceability requirements • Operational visibility • Greater focus on mea
Slide 6: Route1 ABI Converts Operational Activity Into Workflow Intelligence
Route1 ABI Converts Operational Activity Into Workflow Intelligence Route1 ABI Assists Operators By: Data • Converting operational activity into measurable ↓ workflow visibility Operational Visibility • Identifying operational gaps and inefficiencies ↓ • Enabling operational-performance analysis Wor
Slide 7: Lifecycle Operational Engagement is Expanding
Lifecycle Operational Engagement is Expanding Customer Demand is Support Plan This Creates Expanding Toward: ↓ Opportunities For: • Operational Recurring revenue Route1 ABI • responsiveness • Operational ↓ • Workflow visibility modernization Mr. Parking • Lifecycle accountability • Workflow intellig
Slide 8: Regional Density is Driving Expansion Opportunities
Regional Density is Driving Expansion Opportunities Current Washington State Activity Why Regional Density Matters • Current municipal support-plan activity • Stronger operational responsiveness • New municipal expansion activity • Greater field leverage • Regional operational visibility discussions
Slide 9: Operators Increasingly Value Operational Ownership
Operators Increasingly Value Operational Ownership Traditional Deployment Model Route1 Model • Transaction-focused • Cradle-to-grave support • Installation-oriented • Operational accountability • Limited lifecycle engagement • Workflow visibility • Limited operational visibility • Lifecycle engageme
Slide 10: Industry Business Models Continue Evolving
Industry Business Models Continue Evolving Industry Trend Route1 Position • Recurring Revenue • Support-plan expansion • Platform Ecosystems • Route1 ABI + Mr. Parking • Workflow Ownership • Operational orchestration • Customer Retention • Lifecycle operational engagement • Operational Intelligence
Slide 11: Financial Performance Continued Improving During Q1 2026
Financial Performance Continued Improving During Q1 2026 Q1 Operational Signals In CAD millions Revenue Operating Income (Loss) • Revenue increased 15% year-over-year • Operating performance improved materially Q1-26 $2.57 ($0.05) • Positive operating cash flow generated Q4-25 $2.64 ($0.16) • Recurr
Slide 12: Recurring Revenue Continues Expanding
Recurring Revenue Continues Expanding USD $1.346 Million Expansion Drivers • Run-rate recurring revenue as at March 31, 2026 • Support-plan modernization • Lifecycle operational engagement • Operational visibility initiatives • Route1 ABI opportunities • Workflow-support expansion Customer relations
Slide 13: Commercial Expansion Activity Continues Increasing
Commercial Expansion Activity Continues Increasing Expansion Area Strategic Relevance • Enterprise mobility discussions • Operational-intelligence expansion opportunities • Autonomous enforcement initiatives • Workflow-orchestration and AI-assisted operational opportunities • University operational-
Slide 14: Mr. Parking and the Operational Learning Loop
Mr. Parking and the Operational Learning Loop What Mr. Parking is Why Route1 Has an Advantage Designed to Support Prediction • Proprietary operational parking • AI-assisted operational data support → Recommendation • Real-world operational • Workflow orchestration → Action environments • Enforcement
Slide 15: AI Infrastructure and Intellectual Property Strategy
AI Infrastructure and Intellectual Property Strategy Current Development Focus Intellectual Property Strategy • Workflow orchestration • Two AI-related patent filings • Route1 ABI expansion • Workflow intelligence • Retrieval Augmented Generation (RAG) • Operational automation • Operational automati
Slide 16: Why Management Believes Q1 2026 Matters
Why Management Believes Q1 2026 Matters What Q1 Did NOT Yet Deliver What Q1 DID Demonstrate • Scaled ABI monetization • Expanding recurring operational engagement • Major enterprise conversion • Improved operating performance • Full recurring-revenue inflection • Positive operating cash flow • Full
Slide 17: 2026 Operational Focus Areas
2026 Operational Focus Areas Operational Recurring AI-Assisted Scalable Intelligence Revenue Operations Operational Expansion Growth Execution Workflow intelligence Commercial conversion Support plan expansion expansion Operational execution Route1 remains focused on execution, recurring operational
Slide 18: Questions & Answers
Questions & Answers Operational Execution. Intelligence Expansion. Scalable Growth. May 15, 2026