Ikegps Group Ltd · NZX:IKE
Ikegps — Shareholder Meeting (September 2026)
40 slides from Ikegps's shareholder meeting presentation, September 2026
Slide 1: Annual Shareholder Meeting Update
September 2026 Annual Shareholder Meeting Update Glenn Milnes, CEO & Managing Director glenn.milnes@ikegps.com www.ikegps.com
Slide 2: Important Notice
Important Notice Information in this presentation: • Is for general information purposes only, and is not an offer or invitation for subscription, purchase, or recommendation of securities in ikeGPS Group Limited (IKE); • Should be read in conjunction with, and is subject to, IKE’s FY26 audited fina
Slide 3: Agenda
Agenda Performance headlines New products & new market segments Outlook Addressable Market IKE’s Value proposition Q&A ikeGPS 3
Slide 4: FY26 guidance delivered
FY26 guidance delivered. FY27 guidance for ~35% subscription revenue growth maintained. IKE’s AI-first model connects revenue growth to operating leverage — revenue up, opex scaling more slowly as AI adoption, pricing & implementation proliferates • FY26 Platform Subscription revenue ~$19.2m; (+33%
Slide 5: Other highlights
Other highlights. • 463 subscription customers in trailing 12 months at 31 March 2026; 83 new subscription customers added in FY’2026. • Customer retention ~97% — IKE retains virtually all subscription customers year over year • IKE PoleForeman annualised recurring revenue (ARR) has now grown to ~NZ
Slide 6: New Customer Council-led products
New Customer Council-led products. Delivering additive market segment & ARR opportunities. Update ikeGPS 6
Slide 7: Increasing engineering design capacity for the Communications market
Increasing engineering design capacity for the Communications market What’s next for IKE PoleForeman? • A major software update is coming to IKE PoleForeman • Opens a large new market IKE doesn't serve today – Communications companies and Joint-Use Engineering firms • This new module materially simp
Slide 8: Power quality, built into the IKE platform
Power quality, built into the IKE platform Utilities' electrical design work & power management is often done manually, with results that vary by engineer and by region. That also does not factor DER. This new IKE capability brings that work into a Standardized software tool that utilities have desi
Slide 9: From data to decisions
From data to decisions What’s next for IKE Office Pro? • A new automated Make-Ready- Engineering software module is coming to IKE Office Pro • This extends the platform from data capture, digitization and management into a new, automated layer of value for our customers • Built for our new & existin
Slide 10: PolePilot, an AI subscription module
PolePilot , an AI subscription module released late FY26 to increase productivity and efficiencies for IKE Office Pro engineers PolePilot was very easy to use and was effective in many different pole and environmental scenarios. The automated markers helped identify wires and equipment that were dif
Slide 11: Meet PolePilot, an AI subscription module
Meet PolePilot , an AI subscription module released late FY26 to increase productivity and efficiencies for IKE Office Pro engineers PolePilot was very easy to use and was effective in many different pole and environmental scenarios. The automated markers helped identify wires and equipment that wer
Slide 12: Meet PolePilot, an AI subscription module
Meet PolePilot , an AI subscription module released late FY26 to increase productivity and efficiencies for IKE Office Pro engineers Takeaways ➢ AI-powered assistant to increase productivity for analyzing pole data ➢ SaaS tool to support all the digital needs for grid modernization efforts ikeGPS ➢
Slide 13: AI as IKE's accelerant – not its disruptor
AI as IKE’s accelerant – not its disruptor AI widens IKE's moat — every new AI feature increases switching cost and pricing power IKE is deep in a utility vertical AI-powered capability inside of IKE has proprietary industry data, workflow and is embedded in IKE's products has generated including ow
Slide 14: 90-95% of IKE's market is still untapped
90-95% of IKE’s market is still untapped The investment scale IKE’s position in it • US utility capex 2025–2030: $1.1T–$1.4T • US Serviceable Obtainable Market: Estimated at • 2025 capex alone: ~$194B | 5-year CAGR: 8.5% US$431M across current product suite • Morningstar DBRS: utility investment "su
Slide 15: IKE is not adjacent to the grid investment cycle. It is inside workflows.
IKE is not adjacent to the grid investment cycle. It is inside workflows. Joint use Every 5G & fiber attachment requires a structural load assessment. IKE runs those assessments. Grid Hardening Wildfire, storm, and flood response requires proactive pole condition assessment at scale. IKE's AI layer
Slide 16: The largest revenue opportunity in IKE's history is still ahead
The largest revenue opportunity in IKE’s history is still ahead. Market validation & trust Three new products in Markets not yet addressed development ikeGPS Underground distribution market, Canada, Purpose-build products demanded by our loyal fiber/broadband/telecom. International (AUS, NZ, custome
Slide 17: In the right market at the right time
In the right market at the right time Addressable market update for North America ikeGPS 17
Slide 18: $2T grid modernization demands digital grid intelligence
$2T grid modernization in the North American market demands digital grid intelligence ~25-35M wood poles The aging infrastructure crisis hits its inflection will require replacement or point now reinforcement by 2035 • 130 million wooden poles are approaching the 45-50 year failure threshold - ~25–3
Slide 19: $43B in broadband funding demands distribution network data intelligence
$43B in broadband funding demands distribution network data intelligence • $43B in BEAD funding drives unprecedented 2032 fiber attachment volume on utility poles. $74.6B • FCC defines “large attachment requests” as 3,000+ poles per project1, mass digitization 2026 is required for survey and make-re
Slide 20: IKE has built capabilities to solve infrastructure challenges
IKE has built capabilities to solve some of these infrastructure challenges Creating sustainable competitive advantage To see what matters To know what's at risk To act & engineer with confidence Safe and accurate grid Identify network vulnerabilities, Centralized digital records of your grid data c
Slide 21: Multiple factors are driving infrastructure investments
Multiple factors are driving infrastructure investments, and the need for technology, in North America AI has unleashed a wave of data centre construction. In 2023, AI data centres consumed about 4.4% of U.S. electricity, and that share could triple by 2028. Microsoft and Google estimate that the U.
Slide 22: The size of the North American market opportunity, in Australian context
The size of the North American market opportunity, in Australian context IKE’s Top 8 Customers Total Australian Market: ~11m homes & businesses U.S. Infrastructure Total Spend Projections of LLMA Energy The Top 8 IKE Customers: >$400bn over the next 5 years Duke Energy ~43M homes & businesses, >4x t
Slide 23: A huge expansion opportunity at investor-owned utilities
A huge expansion opportunity at investor-owned utilities U.S. Market-Map of Investor-Owned Utilities (multi-$B companies) ikeGPS 23
Slide 24: Sales opportunities at over 2,800 Municipalities and Co-Operatives
Sales opportunities for IKE products at over 2,800 Municipalities and Co-Operatives $10.0 Million or Less $10.1 to $20.0 Million $20.1 to $40.0 Million $40.1 to $80.0 Million $80.1 Million or More No Reported Data Rural Electric Cooperative* ikeGPS *13 out of 924 co-ops did not report revenue and ar
Slide 25: IKE's Expanding Value Proposition
IKE’s Expanding Value Proposition ikeGPS 25
Slide 26: The grid faces unprecedented challenges
The grid faces unprecedented challenges. Complete field-to-finish solutions from IKE to engineer a network through its lifecycle. Field Data Collection platform Accurate, reliable, and Solution for gaining actionable Back-end analysis for acquired with back-office tools defendable pole load analysis
Slide 27: IKE's purpose is Manaakitanga
IKE’s purpose is Manaakitanga. We rise by lifting others. A Clear 10-year Mission guiding our journey Manaakitanga Mission (by mid-2034) "We rise by lifting others." This means To be the most trusted and admired lifting our customers, each other, our company delivering software solutions communities
Slide 28: Delivering the best CX in our industry as a Strategic Pillar
Delivering the best CX in our industry as a Strategic Pillar Customers overwhelmingly recommend IKE, with an independently assessed NPS of 91%. This score is driven by: • IKE’s focus on both product capability, industry-specific outcomes, and customer experience. • Purpose-built solutions for utilit
Slide 29: IKE is trusted by 8 of the 10 largest investor-owned utilities
IKE is trusted by 8 of the 10 largest investor-owned utilities in North America ikeGPS 29
Slide 30: IKE is trusted by 5 of the 10 largest communications companies
IKE is trusted by 5 of the 10 largest communications companies in the U.S. ikeGPS 30
Slide 31: Right market, at the right time
Right market, at the right time Expert team, best-in-class technology, and execution capability Addressable Customers Takeaways 20% ➢ Today, IKE has a presence in Customer Penetration approximately 6% of addressable customers in the U.S. but is estimated to be only 20% penetrated. There is >90% an o
Slide 32: IKE's software is now used in all States
IKE’s software is now used in all 50 States
Slide 33: 20 Million Overhead Utility Data Collection
Overhead Utility Data Collection IKE technology has helped companies engineer Takeaways 20 Million ➢ The same electric utility asset is digitally processed many times throughout its lifecycle - for make-ready engineering, fiber OVERHEAD ASSETS, joint-use, clearance validation, or routine inspection.
Slide 34: Educating the North American Industry: NESC Webinar Series
Getting-to-Market: Educating the North American Industry Example of IKE's National Electric Safety Code Webinar Series 3,000+ Attendees 800+ Organizations Trained
Slide 35: Educating the North American Industry: In-Person Training
Getting-to-Market: Educating the North American Industry Example of IKE's In-Person NESC & OSHA Training OVER ROUGHLY 1,700 Attendees 'IKE Certified' 500 Organizations Trained
Slide 36: FY26 Platform Subscription Revenue
FY26 Platform Subscription Revenue Annual Platform Subscription Revenue Growth +33% Takeaways ➢ +33% YoY growth, 99% of revenue goal ➢ The addition of new customers, continued strong upsells to existing customers, ikeGPS and low revenue churn driving Subscription growth in FY’26 36 pcp – prior calen
Slide 37: Total Platform Subscription Seats Growth of +15% vs. pcp
Total Platform Subscription Seats Growth of +15% vs. pcp From cross-sells and upsells Takeaways ➢ Seat count growth has continued at a fast pace due to customer additions, cross- ikeGPS sells, upsells and strong net retention 37 pcp – prior calendar period
Slide 38: ~91% YTD Revenue from Recurring and Re-Occurring Sources
~91% YTD Revenue from Recurring and Re-Occurring Sources FY’26 Total Revenue by Segment vs pcp Takeaways ➢ Platform Subscription Mix; 72% of IKE total Revenue, up from 57% in FY’25 ➢ Continuing to convert hardware customers to Device-as-Service ➢ Training revenue (subset of ikeGPS Hardware & Other)
Slide 39: FY'2026 Key Metrics
FY’ 2026 Key Metrics Takeaways ➢ 83 new subscription ikeGPS customers were added in Note 1: Subscription customer counts based on trailing 12 months subscription revenues. FY'2025 restated using this methodology. FY'2026, 1.6 per week 39
Slide 40: Thank You
Thank You Glenn Milnes, CEO and Paul Cardosi, CFO glenn.milnes@ikegps.com & paul.cardosi@ikegps.com www.ikegps.com