Xtract One Technologies Inc. (TSX:XTRA)
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May 8, 2026, 4:00 PM EST
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AGM 2025

Nov 12, 2025

Operator

Okay, it's officially 10:00 A.M. Vancouver time, so we can get started. First of all, some administrative items.

Speaker 4

Yeah, Sandy, we still haven't had any registered shareholders register with you. Peter Evans, assuming you don't feel the need to register as a shareholder attending in person, we can take the script as read on the basis that there are no shareholders or registered shareholders present. If you want to go through a brief presentation or update for the benefit of the group, you can feel free to do that now.

Operator

Sandy, with that, are there any—has anybody registered?

Speaker 5

It doesn't appear that there are any registered shareholders. There are a couple of people just coming in, so I'm just checking. No, doesn't look like it.

Speaker 4

Okay. So administratively, we'll take the script as read on the basis, and all motions passed on the basis of proxies received. Peter Evans, over to you.

Peter Evans
CEO, Xtract One Technologies

Thank you, everyone. I'm just going to have a couple of quick words here since we just recently did an earnings announcement. Thank you, everyone who's joined us today for this AGM. Let's start with, I think, our shareholders for the continued support for Xtract One, support for a very, very dedicated group of employees for the company, and of course, to our customers. Fiscal 2025 was a year setting a solid foundation for growth with continued adoption of the Smart Gateway solution, as well as the introduction of the new One Gateway solution, along with expansion into new markets and new geographies.

We continue to meet new milestones as a business, and I'm very much looking forward to Fiscal 2026, where we can further capitalize on those investments and milestones that we've achieved and continue to see the trend for business expansion, for innovation, and achieving even more milestones. We're playing in an interesting market that's got an unprecedented level of demand and some very interesting challenges in a very unpredictable macroeconomic, social, and societal environment. Having said all that, I couldn't be happier with how we've navigated through these business challenges and how we've scaled the business for growth over the past five years or so. If I think about it, for a company that did approximately, excuse me, CAD 40 million or so five years ago to one where we announced in excess of about CAD 16 million in our most recent quarter.

This, to me, is a reflection of the brand we're trying to build as a company, the trust that we're building with all of our customers, and our ability to deliver pragmatic innovation that's driven by those customer needs. Thank you, everyone, for joining us today. I look forward to yet another compelling year of business. At this point, I'll turn it back to you, Brian, or unless we want to move to Q&A.

Speaker 5

No, I think just on the basis of attendees, that it might be a little bit complicated to accommodate that. To the extent anybody has questions, of course, there is investor relations and info or contact info readily available. Feel free to submit those separately. As for the meeting, we'll consider this adjourned. Thank you, everybody, for taking the time. Have a good day.

Operator

Thanks, Peter. Thanks, everybody. Bye-bye.

Peter Evans
CEO, Xtract One Technologies

Thanks, everyone.

Brian Denyeau
Head of Investor Relations, Xtract One Technologies

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Operator

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Speaker 4

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Brian Denyeau
Head of Investor Relations, Xtract One Technologies

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Peter Evans
CEO, Xtract One Technologies

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