Slide 1: Q3FY26 Investor Presentation
Q3FY26 Investor Presentation February 2026
Slide 2: Important Disclaimers
Important Disclaimers The contents of this presentation are not to be construed as legal, regulatory, business, accounting or tax advice. You should consult your own attorney, business advisor, accountant and tax advisor as to legal, regulatory, business, accounting and tax advice. This presentation
Slide 3: Important Disclaimers (Cont'd.)
Important Disclaimers (Cont’d.) No Offer or Solicitation This presentation does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicit
Slide 4: Q3FY26 Quarter Highlights
Q3FY26 QUARTER HIGHLIGHTS © POWERRFLEET®
Slide 5: Strong Q3 Financial Results Driven by Increase in YoY Recurring Services Revenue
STRONG Q3 FINANCIAL RESULTS DRIVEN BY INCREASE IN YoY RECURRING SERVICES REVENUE Strong top- and bottom-line growth and continued improvement in net debt to EBITDA. 7%* 11% 80% YoY increase in total YoY increase in services of total revenue from services revenue to $113.5M revenue to $91.1M an incre
Slide 6: Powerfleet Secures Major South Africa Public Sector Contract
Landmark Tier One New Business Win POWERFLEET SECURES MAJOR “Our collaboration with Powerfleet supports the SOUTH AFRICA PUBLIC rollout of secure, enterprise-grade connectivity for SECTOR CONTRACT TO DELIVER large public sector operations and advances the VIDEO AND VISIBILITY SERVICES TO modernizati
Slide 7: Major Q3 Enterprise Expansions
MAJOR Q3 ENTERPRISE EXPANSIONS Global wins driven through Unity differentiated solutions and increasingly aggressive sales motion Fortune 500 Fortune 500 National National National Food & Beverage Leader Manufacturing Leader Services Company Infrastructure Leader Logistics Leader $5M+ $3M+ $500K+ $5
Slide 8: Significant Momentum in Global Key Accounts
SIGNIFICANT MOMENTUM IN GLOBAL KEY ACCOUNTS Fortune 500 Global Fortune 500 Global Building Materials Leader Humanitarian Organization Industrial Gas Leader Security Leader 18 Countries 75 Countries 19 Countries 3 Continents 9,000 Assets Unified platform for visibility, control, and Warehouse & on-ro
Slide 9: Data Highway – Unified Operations Momentum
DATA HIGHWAY – UNIFIED OPERATIONS MOMENTUM FORTUNE 500 FORTUNE 500 FOOD & BEVERAGE CONSTRUCTION LEADER LEADER Enhanced access control SAP and TMS integration integration for 100% FORTUNE 500 to schedule, activate, and FORTUNE 500 certified forklift operator AUTOMOTIVE monitor deliveries ENTERTAINMEN
Slide 10: Origin Energy AI Video Safety Success Story
ORIGIN ENERGY AI VIDEO SAFETY SUCCESS STORY Origin Energy, a leading energy provider in APAC, operates a diverse fleet that spans urban environments and remote areas, handling everything from light deliveries to the transportation of hazardous goods. Origin Energy is Powerfleet delivered a focused o
Slide 11: Q3 Financial Results
/ _POWERQFL [bomen eopie Rewered Alot
Slide 12: Strong SaaS Recurring Revenue Growth
STRONG SAAS RECURRING REVENUE GROWTH 11% Year-on-Year Service Revenue as % of Total Revenue Organic Service Revenue Growth 80% service revenue increased vs. 77% YoY $91.1M 80% $81.7M 77% Q3FY25 Q3FY26 Q3FY25 Q3FY26
Slide 13: Rapid, Responsible, and Profitable Growth
RAPID, RESPONSIBLE, AND PROFITABLE GROWTH Revenue AEBITDA 7% in total revenue growth 26% increase in adjusted EBITDA year-on-year* $113.5M $25.7M $106.4M $20.5M ** Q3FY25 Q3FY26 *Note: The Company amended its presentation of AEBITDA to no longer include an adjustment for the recognition of pre-Octob
Slide 14: Key Pro Forma AEBITDA Expense to Revenue Ratios
KEY PRO FORMA AEBTIDA EXPENSE TO REVENUE RATIOS Presented E:Rs exclude depreciation, amortization, stock-based compensation and one time transaction, restructuring and integration costs AEBITDA Gross Margin AEBITDA Opex E:Rs 78% 76% 67% 27% 67% 23% 17% 16% 31% 32% 8% 8% Total Service Product G&A S&M
Slide 15: Net Debt to Adjusted EBITDA Ratio
NET DEBT TO ADJUSTED EBITDA RATIO Continued Trajectory to Full Turn Improvement
Slide 16: Thank You Q&A
THANK YOU Q POWERQFLEET® People Powered AloT
Slide 17: GAAP to Non-GAAP Reconciliations
GAAP to Non-GAAP Reconciliations
Slide 18: GAAP to Non-GAAP Reconciliations
GAAP to Non-GAAP Reconciliations POWERFLEET, INC. AND SUBSIDIARIES RECONCILIATION OF NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS TO ADJUSTED EBITDA (In thousands, except for %'s) Three Months Ended December 31, 2020350 ‘Net loss attributable to common stockholders S434) $364) Non-controlling intere
Slide 19: : i i By i i : i i F i | i :
: i i By i i : i i 1 F i | i : | i i i i i i vL . EB | | I : i i 1 z a i i ee ne Total gross profit E E Inventory rationalization and other Adjusted EBITDA gross profit margin 668% 13
Slide 20: Reconciliation of SG&A Expenses to Non-GAAP SG&A Expenses
POWERFLEET, INC. AND SUBSIDIARIES RECONCILIATION OF SELLING, GENERAL AND ADMINISTRATIVE EXPENSES TO ‘NON-GAAP SELLING, GENERAL AND ADMINISTRATIVE EXPENSES (in thousands, except for 96's) de “| | i | i 35,405, (6301) | ‘Depreciation and amortization (2,363) g 3 gE ‘Non-GAAP selling, general and admin
Slide 21: Reconciliation of Total Debt to Adjusted Net Debt
POWERFLEET, INC. AND SUBSIDIARIES RECONCILIATION OF TOTAL DEBT TO ADJUSTED NET DEBT (In thousands, except for ratios) Adjusted net debt to adjusted EBITDA ratio 34 27