Arsenal Digital Holdings Inc. · OTC:ADHI
Arsenal Digital — Investor Presentation (October 2025)
16 slides from Arsenal Digital's investor presentation, October 2025
Slide 1: Harnessing Inefficiencies in Energy at Scale
CONFIDENTIAL - please see important disclosures on page 16 HARNESSING INEFICIENCIES IN ENERGY AT SCALE Arsenal Holdings (OTCID: ADHI) operates in critical energy infrastructure niches, integrating technology and financial best practices to unlock value over time.
Slide 2: We Are Arsenal
WE ARE ARSENAL An energy company exploiting market and business inefficiencies in niche segments of midstream oil and gas. Our management team is dedicated to the creation of shareholder value through the strategic acquisition of attractively positioned companies poised to grow strongly with improve
Slide 3: Small Niches – Big Margins
SMALL NICHES – BIG MARGINS Niche segments within the oil and gas industry are often characterized by inefficiencies and outdated business practices. Arsenal has identified target-rich segments and geographies where the attractive businesses can be acquired, vertically integrated and upgraded. US OIL
Slide 4: Industry Tailwinds
INDUSTRY TAILWINDS We are building for the intersection of extreme energy demand, the capacity to drive huge efficiencies with technology and the necessity to modernize financial infrastructure. POPULATION GROWTH 7.7 Billion in 2019 9.6 Billion in 2050 Arsenal is positioned to differentiate itself
Slide 5: Our Energy Platform
OUR ENERGY PLATFORM AN ENERGY PORTFOLIO APPROACH ‣ Midstream Infrastructure to service liquids and off- spec markets (high margin blends and processing) ‣ Acquisition of vertically integrated companies ‣ Automation and efficiency gains through technology ‣ Growth levers: Building natural gas infrast
Slide 6: Existing Operations: BlackRock Midstream
Acquisition #1: BlackRock Midstream Status: Closed Currently Auditing A NICHE BUSINESS – WITH CLEAR MARGIN AND ‣ Strong revenues ~ $67m FY2024 REVENUE ENHANCEMENT OPPORTUNITIES ‣ Customer base and contracts ‣ A regional specialist in transportation of “orphaned” or “off- ‣ Access to extensive niche
Slide 7: Acquisitions - Midstream Participants
ACQUISITIONS - MIDSTREAM PARTICIPANTS Vertically Integrate ACQUISITION TARGETS Oklahoma – Crude Processor & Storage, high margin ($25-$30/bbl), cash flowing South Texas – Land, dock and VLCC infrastructure large scale terminal and NGL processing opportunity Oklahoma – Niche processing facility, exis
Slide 8: Acquisitions - Vertically Integrated Acquisition Strategy
ACQUISITIONS - MIDSTREAM PARTICIPANTS V E R T I C A L LY I N T E G R AT E D A C Q U I S I T I O N S T R AT E G Y OPPORTUNITY ENDGAME Midstream market is fragmented, ripe for consolidation Industry lacks any meaningful tech integration and forward-thinking financial integration Scaled platform va
Slide 9: Natural Gas Infrastructure & Processing Focused
NATURAL GAS INFRASTRUCTURE & PROCESSING FOCUSED GLOBAL NATURAL GAS DEMAND (LNG) EXECUTION… 411m tons in 2024 822m tons by 2050 Expansion in proven gas basins around existing operations Critical logistics projects for CNG & LNG Natural Gas to Supply 60% “Behind the meter” projects tied to grid and
Slide 10: Enterprise Growth Vision
ENTERPRISE GROWTH VISION Te c h E n a b l e d G r o w t h – E n e r g y B a c k e d V a l u e Artificial Intelligence Automation + Supply Chain Current Applications Predictive analytics for Verified trucking + energy spreads Marketing for off-spec invoicing energy products Market expansion +
Slide 11: Integrated Value Proposition
INTEGRATED VALUE PROPOSITION $67m 30% 25-30%+ 2-8x Target Market Cap Appreciation Revenue Base Upside from Improvements in Cash on Cash Returns on Accretive Acquisitions: Roll-up existing operations Acquisition Targets strategy compounding enterprise value Positioned for Uplisting by engaging: Sec
Slide 12: Implied Valuation Potential
IMPLIED VALUATION POTENTIAL Opportunity for Re-Rating – Post Audit Peer Comparison Profire Energy (PFIE): $58M Revenue $60M Market Cap 1.0x Multiple Summit Midstream (SMC): $430M Revenue $282M Market Cap 0.6x Multiple Kinetik Holdings $1.2B Revenue $3.4B Market Cap 2.8x Multiple Tellurian $1
Slide 13: Execution Roadmap – Path to Growth
EXECUTION ROADMAP – Path to Growth Near-term Expand Blackrock operations and pursue strategic acquisitions Mid-term Build out technology infrastructure and implement digitization layer Long-term Scale through enterprise growth initiatives and uplist Key Milestones Audit Completion Strategic Acquisit
Slide 14: Arsenal Team - Executives
ARSENAL TEAM - Executives Decades of combined energy and finance market expertise Jordan Mandel Ryan Messer Randall Eddington Ryan Hubbart Chairman Executive Director & COO Founder and Director Midstream of Midstream Mr. Mandel brings extensive Ryan Messer brings over 25 years of energy sector Ryan
Slide 15: Arsenal Team – Board of Directors
ARSENAL TEAM – Board of Directors Decades of combined energy and finance market expertise Jordan Mandel Ryan Messer Chairman Executive Director & COO Erik Monsen Charles Holloway Lenny Moskowitz Director Director Director Erik is a Harvard Business School executive program graduate, Charlie built a
Slide 16: Important Disclosures and Legal Notices
Important Disclosures and Legal Notices This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, pursuant to the safe harbor provisions of the Private Securit
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