Byrna Technologies, Inc. · NASDAQ:BYRN
Byrna Technologies — Investor Presentation (March 2026)
19 slides from Byrna Technologies's investor presentation, Mar 23, 2026
Slide 1: Investor Presentation March 2026
Slide 2: Safe Harbor Statement
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Slide 3: Countervailing Societal Trends
COUNTERVAILING SOCIETAL TRENDS Increased Concerns About Safety and Less Tolerance Towards Gun Violence are a Tailwind for Byrna Products ve 6s om am 7 4004 om 30% sm sow 36% 340 = 3% om 30% 2020 20a 72002 2008 —— %Reporting That There ie Mote Crime In The US Compared to Lact Year =m % Satisfied With
Slide 4: Byrna Is Part of the Solution
BYRNA IS PART OF THE SOLUTION Our Mission “To provide civilians, law enforcement officers and security professionals with a safe, reliable and effective non-lethal alternative to traditional firearms that will allow Byrna’s customers to protect and defend themselves, their families and their communi
Slide 5: Headquarters
Headquarters Andover, Massachusetts 150 US Employees Customers 750,000+ launchers sold over the last 5 years 30+ Intemational Customers/Agencies 500+ Dealer Locations Note As Novembar 2025
Slide 6: US Consumer Market Opportunity
US CONSUMER MARKET OPPORTUNITY @) burna * 250MM Potential Customers in the US Consumer Market + US Consumer Market. ——————_, 250MM Adults * Estimated Lifetime Value of Customer - $1,000 * Total Addressable Market (US Consumer): 300,000+ unique ecommerce customers (all-time) * $250 Billion ($100 Bill
Slide 7: Regional and Segment Focus
REGIONAL AND SEGMENT FOCUS USMCA (US, Mexico and Canada) ° U.S. and Canada * Primarily Direct to Consumer (DTC) -Web and through dealers (99% of US/CAN sales) * Service inbound law enforcement and private security inquiries (<1% of US/CAN sales) * Mexico * Primarily law enforcement focused with rece
Slide 8: Product Offering
PRODUCT OFFERING
Slide 9: How It Works - Pistols
HOW IT WORKS - PISTOLS Byma SD ~Intemais Cutaway Nte: Possession use maybe sbjeto sae or cal equation, First trigger pull punctures CO2 and propels projectile simultaneously using our patented technology Incapacitates an assailant from a safe standoff distance of up to 60 feet Compact and concealabl
Slide 10: How It Works - Ammo
HOW IT WORKS - AMMO 2 Types of projectiles: * Self-Defense (Chemical Irritants and Kinetic) * Training (Inert Powder and Eco-Friendly Powder) Key features: * .68 caliber projectiles compatible with all current Byrna launcher platforms (.61 for CL) * Break lines to ensure breakage upon impact * Sonic
Slide 11: Byrna Growth History
400 $300 $150 BYRNA GROWTH HISTORY Net Revenue ($ in mil ions) Nasdaq: BYRN | 11
Slide 12: Financial Snapshot
FINANCIAL SNAPSHOT Year Ended ($ in thousands) November 30, 2024 November 30, 2025 Revenue | $85,756 | $118,120 Gross Profit | $52,172 | $71,470 | Net Income | $12,792 | $9,687 Adjusted EBITDA $11,478 | $16,810 Adjusted EBITDA % 13.4% | 14.2% Note: AdhstedEBITDAle a nan. GAAP metic Pesce ce the appe
Slide 13: Financial Position
FINANCIAL POSITION As of August 31, 2025 As of November 30, 2025 (Sin thousands) (unaudited) (audited) Cash $6,495 $13,727 “Inventory $34,106 | $32,694 | Marketable Securities $2501 | $1,754 | Receivables $8,872 | $10,840 | Payables + Accrued Liabilities $12,698 $15,864 (Debt $0 | $0 Net Working Cap
Slide 14: New Product Innovation
NEW PRODUCT INNOVATION — * Launched ahead of schedule ~ shipping started May ‘ 2025 | 7 * Smallest, most concealable less-ethal launcher on the market * 38% smaller than the Byrna SD yet hits as hard as the at Byrna LE ‘Compact Launcher: High End Conceal Carry * Fires a 61 caliber projectile at 400
Slide 15: Investment Thesis
INVESTMENT THESIS Attractive Valuation Best-in-class product right for the times —- Byrna offers a compelling solution to countervailing societal trends Leading position in nascent industry with an enormous total addressable market Strong tailwinds with public sentiment shifting towards less-lethal
Slide 16: Contact Us
© byrna CONTACT US Tom Colton & Alec Wilson Gateway Group, Inc. T: 949-574-3860 BYRN@gateway-grp.com Nasdaq: BYRN | 18
Slide 17: Appendix
Slide 18: Byrna Launchers
BYRNA LAUNCHERS COMPARISON OVERVIEW DISTANCE COMPARISON STANDOFF DISTANCE =EQUALS SAFETY i
Slide 19: Adjusted EBITDA Reconciliation
ADJUSTED EBITDA RECONCILATION Year Ended (fin thousands) Novernber 30, 2024 November 30, 2025 [ Net Income (Loss) 312792 $9587 [ Adjustments | interest income | Income tax expense (benef [Depreciation and amortization | Non-GAAP EBTDA Sock-based compensation expense 07 Imgatmentoss J Sverance/Separa
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