Castellum, Inc. · AMEX:CTM
Castellum — Shareholder Meeting (May 2026)
19 slides from Castellum's shareholder meeting presentation, May 19, 2026
Slide 1: 2026 Annual Meeting of Stockholders
NYSE-American: CTM 2026 Annual Meeting of Stockholders Presentation by Mr. Glen Ives, CEO May 19, 2026
Slide 2: Cautionary Statement Concerning Forward-Looking Statements
Cautionary Statement Concerning Forward-Looking Statements: This release 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. These forward-looking statements represent the
Slide 3: Agenda
Agenda • Castellum’s Evolution • Leadership • Castellum Today • Programs We Support • Contract Wins, Backlog & Pipeline • Key Financial Metrics • Growth Strategy • Performance Highlights • Questions • Contact Us • Appendix Integrity. Innovation. Engagement. Sustainability. 3
Slide 4: Castellum's Evolution
Castellum’s Evolution Founded in 2019 Listed on NYSE American in Oct 2022 Phase 3: CONTINUE MOMENTUM & EXPAND Jan 2026 – Present Phase 2: ACCELERATE ORGANIC GROWTH • Continue to strengthen organic growth Jul 2024 – Dec 2025 Phase 1: momentum (Q1 2026: strong revenue BUILD PLATFORM & INTEGRATE growth
Slide 5: Strong and Proven Leadership
Strong and Proven Leadership Led by Highly Experience Management Team and Board Executive Leadership and Management Board of Directors Glen Ives, President & CEO Lieutenant General Bernard Champoux, USA (ret), Chair David Bell, CFO & Treasurer Mr. Mark Alarie Andrew Merriman, COO General John Campbe
Slide 6: Castellum Today
Castellum Today Relevant, powerful, high demand technologies and mission capabilities: Subsidiaries: Integrity. Innovation. Engagement. Sustainability. 6
Slide 7: Programs We Support
Programs We Support Aircraft Launch and Integrated Fresnel Lens Augmented Reality PMA-290 P-8 Poseidon Recovery Optical Landing System Maintenance System Special Projects (ALRE) (IFLOLS) (ARMS) / XRa Integrity. Innovation. Engagement. Sustainability. 7
Slide 8: Programs We Support (cont.)
Programs We Support (cont.) Model Based System Data Analytics Cyber Security and Warfare Electronic Warfare Engineering Integrity. Innovation. Engagement. Sustainability. 8
Slide 9: Backlog, Pipeline and Contract Momentum
Backlog, Pipeline and Contract Momentum Entered 2026 on a very strong note: 2025 Contract Wins Contract Backlog * Opportunity Pipeline * $219M+ $273.3M $938M 5+ year runway vs $265M at 12/31/25 vs $817M at 12/31/25 Top three revenue-producing contracts * As of 3/31/2026 Contract Backlog is defined a
Slide 10: Historical Key Financial Metrics
Historical Key Financial Metrics Revenue ($ in millions) Gross Profit ($ in millions) Adj EBITDA ($ in millions) 60 52.9 25 1.2 1.0 19.4 1 50 42.2 45.3 44.8 20 17.6 18.7 18.3 0.8 40 0.8 15 11.1 30 25.1 0.6 0.4 20 13.3 14.3 10 6.2 0.4 5.1 0.2 10 1.4 5 0.2 0.3 0 0 0 2019 2020 2021 2022 2023 2024 2025
Slide 11: Growth Strategy: Organic Expansion
Growth Strategy ORGANIC EXPANSION: Driving Revenue Growth and Improve Margins Focus Drive revenue growth by wining new prime contracts and task orders Integrate and promote cross selling between subsidiaries to unlock efficiencies, and new contract Build opportunities Expand Presence across all DoD
Slide 12: Growth Strategy (cont.): Acquisition Strategy
Growth Strategy (cont.) ACQUISITION STRATEGY: Adding Scale and Capabilities Focus Selective, accretive acquisitions that expand core capabilities Target Companies with strong existing federal prime contracts and recurring revenue Prioritize Companies with cultural and operational fit to enable seaml
Slide 13: Performance Highlights
Performance Highlights Positioned to deliver shareholder value through Highly Resilient Business disciplined execution and organic growth. Defense focused and federal IT & cybersecurity platform positioned to perform through budget cycles and administration changes Record Revenue & Contract Wins Cle
Slide 14: Questions?
Questions Questions? Integrity. Innovation. Engagement. Sustainability. 14
Slide 15: Contact Us
Contact Us Castellum. Inc. Investor Relations 1934 Old Gallows Rd, Suite 350 The Equity Group Vienna, VA 22182 Lena Cati (703) 752-6157 (212) 836-9611 lcati@theequitygroup.com Val Ferraro (212) 836-9633 vferraro@theequitygroup.com Integrity. Innovation. Engagement. Sustainability. 15
Slide 16: Appendix
Appendix Integrity. Innovation. Engagement. Sustainability. 16
Slide 17: Consolidated Balance Sheet
Appendix March 31, December 31, 2026 2025 (unaudited) Consolidated Balance Sheet Liabilities and Stockholders' Equity Liabilities Current Liabilities Accounts payable and accrued expenses $ 1,981,584 $ 1,904,962 March 31, December 31, Accrued payroll and payroll related expenses 2,952,153 2,761,998
Slide 18: Consolidated Statement of Operations
Appendix (cont.) Consolidated Statement of Operations Three Months Ended March 31, 2026 2025 Revenues $ 14,291,961 $ 11,664,365 Cost of Revenues 9,229,741 7,109,749 Gross Profit 5,062,220 4,554,616 Operating Expenses Indirect costs 2,461,140 2,385,544 Overhead 644,356 512,924 General and administrat
Slide 19: Reconciliation of Non-GAAP Adjusted EBITDA
Appendix (cont.) Reconciliation of Non-GAAP Adjusted EBITDA Three Months Ended March 31, 2026 2025 Revenues $ 14,291,961 $ 11,664,365 Gross profit 5,062,221 4,554,616 Loss from operations before other income (expense) (697,998) (1,482,366) Add Back: Depreciation and amortization 324,991 378,187 Adju