Real Matters, Inc. · TSX:REAL
Real Matters — Shareholder Meeting (February 2026)
12 slides from Real Matters's shareholder meeting presentation, Feb 5, 2026
Slide 1: Annual & Special Meeting of Shareholders
ANNUAL & SPECIAL MEETING OF SHAREHOLDERS February 5, 2026 (all amounts are expressed in U.S. dollars unless otherwise stated)
Slide 2: Business of the Meeting
BUSINESS OF THE MEETING Garry M. Foster Board Chair
Slide 3: Agenda
Agenda • Scrutineer’s Report on Attendance • Mailing of Materials • Notice of Meeting • Presentation of Consolidated Financial Statements • Election of Directors • Appointment of Auditor • Amendment to the Company’s Amended and Restated 2017 Long-Term Equity Incentive Plan • Termination of Meeting •
Slide 4: Management Presentation
MANAGEMENT PRESENTATION Brian Lang Chief Executive Officer Director
Slide 5: Cautionary Note Regarding Forward-Looking Information
Cautionary Note Regarding Forward-Looking Information This presentation contains “forward-looking information” within the meaning of applicable Canadian securities laws. Words such as “aim”, “could”, “forecast”, “target”, “may”, “might”, “will”, “would”, “expect”, “anticipate”, “estimate”, “intend”,
Slide 6: Fiscal 2025 Performance Summary
Fiscal 2025 Performance Summary $169.7M Consolidated Revenues Market share expansion & new client launches Launched 17 new clients including Tier 1 lender in U.S. Title Expanded market share, top of the scorecard performance $44.7M Consolidated Net Revenue1 Prudent cost management and strong balance
Slide 7: More mortgages with rates above 6% than below 3%
More mortgages with rates above 6% than below 3% Current U.S. Outstanding Mortgages by Interest Rate 13M ~22% mortgages YoY increase with rates in refinance 22% >6.0% candidate pool 16% 33% 11% 10% 10% 6% 6% 6% 5% 4% 4% <= 2.5% 2.6-3.0% 3.1-3.5% 3.6-4.0% 4.1-4.5% 4.6-5.0% 5.1-5.5% 5.6-6.0% 6.1-6.5%
Slide 8: Real Matters: 2020-2025+ Strategic Roadmap
Real Matters: 2020-2025+ Strategic Roadmap Build Expand Diversify Leadership Position in U.S. Appraisal Market Share in U.S. Title Through Property Data Monetization • Leverage performance • Leverage existing U.S. • Unique data assets track record to drive Appraisal client relationships increased ma
Slide 9: Target Operating Model
Target Operating Model U.S. Appraisal U.S. Title Assumption Assumption/ KPI F21 F22 F23 F24 F25 KPI F21 F22 F23 F24 F25 /Target Target Real Matters Real Matters annual annual mortgage 550,000- mortgage 120,000- 511,591 331,758 141,690 150,675 134,667 129,680 31,537 3,312 3,431 4,521 origination 620,
Slide 10: Shareholder Q&A
SHAREHOLDER Q&A Garry Foster Brian Lang Rodrigo Pinto Board Chair Chief Executive Officer Chief Financial Officer Director
Slide 11: Appendix A – Non-GAAP Measures
Appendix A – Non-GAAP Measures Net Revenue represents the difference between revenues and transaction costs. Net Revenue margin is calculated as Net Revenue divided by Revenues. The reconciling items between net income or loss and Net Revenue for the periods present below were as follows: Quarter en
Slide 12: Appendix A – Non-GAAP Measures
Appendix A – Non-GAAP Measures Adjusted EBITDA represents net income or loss before stock-based compensation expense, amortization, restructuring expenses, interest expense, interest income, net foreign exchange gain or loss, gain or loss on fair value of derivatives and income tax expense or recove