Blackberry Limited · TSX:BB
Blackberry — Corporate Update (October 2023)
8 slides from Blackberry's corporate update, Oct 17, 2023
Slide 1: Investor Briefing Regarding Project Imperium Update
INVESTOR BRIEFING REGARDING PROJECT IMPERIUM UPDATE Tuesday October 17th, 2023 1pm ET
Slide 2: Safe Harbor Statement
Safe Harbor Statement Some of the statements we'll be making in today’s investor briefing constitute forward-looking statements and are made pursuant to the safe harbor provisions of applicable U.S. and Canadian securities laws. We'll indicate forward-looking statements by using words such as expect
Slide 3: Presenters
Presenters John Chen Steve Rai Tim Foote Executive Chair and CFO, BlackBerry VP Investor Relations, CEO, BlackBerry BlackBerry © 2023 BlackBerry. All Rights Reserved. 3
Slide 4: Project Imperium
Project Imperium Objective: Is there a path to greater shareholder value, over and above the current operating plan for BlackBerry? • Announced May 1st • Retained leading advisors: Morgan Stanley and Perella Weinberg Partners • Performed rigorous, detailed evaluation of strategic alternatives • Sepa
Slide 5: Delivering incremental value to BlackBerry shareholders
Delivering incremental value to BlackBerry shareholders • QNX is an under-appreciated asset – Strong, profitable growth – Leading market position and exciting product roadmap – Upside opportunities: IVY, Cloud, etc. • IPO of IoT will unlock value for existing BlackBerry shareholders – Greater visibi
Slide 6: Next steps
Next steps • Target timeline for IPO: H1 next fiscal year – Market conditions a key factor in timing – Separation and optimization of operations in progress – Preparation of standalone financials and S1 filing in progress © 2023 BlackBerry. All Rights Reserved. 6
Slide 7: Investor Briefing Regarding Project Imperium Update Q&A
Investor Briefing Regarding Project Imperium Update Q&A © 2023 BlackBerry. All Rights Reserved. 7
Slide 8: Thank you
Thank you © 2023 BlackBerry Limited. Trademarks, including but not limited to BLACKBERRY and EMBLEM Design are the trademarks or registered trademarks of BlackBerry Limited and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective o