Slide 1: Q1 2026 Earnings
TM Q1 2026 Earnings May 14, 2026
Slide 2: Disclaimer
Disclaimer In this presentation, all amounts are in Canadian dollars, unless otherwise indicated. Capitalized terms that are not defined in this presentation have the meanings ascribed to them in the prospectus. Any graphs, tables or other information in this presentation demonstrating the historica
Slide 3: Introductions
Introductions Bill DiNardo Mo Ashoor Chief Executive Officer Chief Financial Officer 3
Slide 4: Leading the Drive to Frictionless Commerce
Leading the Drive to Frictionless Commerce THE PIVOTREE SOLUTION Pivotree ensures enterprise clients have the right data, in the right format, in the right systems to complete commercial transactions, at AI-powered speed and a fraction of traditional cost. THE PROBLEM Businesses lose millions to wro
Slide 5: The Data-Driven Enterprise
The Data-Driven Enterprise AI LAYER SYSTEMS INTEGRATION OMS ERP Buyer Actions Business Users DATA Customers Product Search Clean & Accessible Store Associates Checkout eComm Single Source of Truth PIM/MDM Fulfillment / 3PL Return Accounting / Tax Get Data to the Systems that Need it CRM WMS The Syst
Slide 6: Changing Landscape
Changing Landscape Multiple parallel shifts in the market Software ISN’T dead but all categories are changing to adapt to AI Next generation orchestration is the new digital nervous system 6
Slide 7: Q1 2026 Sustained Profitability and MIPS Revenue Growth
Q1 2026 Sustained Profitability and MIPS Revenue Growth $3.8M $4.0M $1.2M $4.6M* Q1-26 Q1-26 Q1-26 MIPS TCV Bookings MIPS Revenue Adjusted EBITDA (18.3%) QoQ (4.7%) QoQ 8.9% Margin (29.5%) YoY +7.9% YoY (24.5%) TTM +5.6% TTM *Adjusted for delayed booking, signed early Q2 7
Slide 8: Q1 2026 Review
Q1 2026 Review pivotree”
Slide 9: MIPS Bookings Stabilizing Despite Lumpy Quarter
MIPS Bookings Stabilizing Despite Lumpy Quarter $8.9M Q1 2026 TCV MIPS + PS Bookings (35%) QoQ | (13%) TTM (17%)* QoQ | (9%)* TTM $11.4M* $3.8M Q1 2026 TCV MIPS Bookings (18%) QoQ | (24%) TTM (1%)* QoQ | (20%)* TTM $4.6M* $5.1M Q1 2026 PS Bookings (44%) QoQ | (7%) TTM (26%)* QoQ | (3%)* TTM $6.8M* *
Slide 10: MIPS Revenue Grows Year-Over-Year as Revenue Mix Continues to Shift
MIPS Revenue Grows Year-Over-Year as Revenue Mix Continues to Shift Total Revenue $13.9M (7%) QoQ | (28%) YoY Managed & IP Solutions $4.0M (5)% QoQ | +8% YoY PS + MIPS $11.8M (7%) QoQ | (20%) YoY 10
Slide 11: Strong Gross Margins Sustain Profitability Through Revenue Transition
Strong Gross Margins Sustain Profitability Through Revenue Transition Gross Profit ($M) and Gross Margin Adjusted EBITDA, and Net Income ($M) 11
Slide 12: Consistent Cash Flow from Operations Maintaining a Strong Balance Sheet
Consistent Cash Flow from Operations Maintaining a Strong Balance Sheet 12
Slide 13: Transforming with Purpose and Discipline
Transforming with Purpose and Discipline The Mix Shift is Real - And the Direction is Clear Real Intelligence (RI) combined with AI Moving Fast - Without Burning Cash 13
Slide 14: Priorities in 2026
Priorities in 2026 Protect and Differentiate the Core Business with AI Capabilities Transform Revenue Mix by continuing to invest in the Growth of the MIPS Category Maintain positive Cash Flow 14
Slide 15: Q&A
Q&A TM