CEMATRIX Corporation

Okay. Participants are loading. So while they're doing that, I think we're going to get started. Uh, good morning, afternoon. Um, and welcome to the Sumatrix Q3 financial results webinar. Uh, the results were very good and presenting today. It would be Randy Buhmauer. Who's the president CEO of Sumatrix, uh, Marie Josie Canton, who is the CFO and out of Chicago is Jordan Wolf. who's the president of Mix On Site. So again, congratulations. And with that, Randy, I'm going to turn it over to you and the team.

Thank you, Grant. Much appreciated. We're really excited to be here with all of you today to share with you some information about our company and our financial results for Q3 2025. As always, there's a disclaimer here. We'll make some forward-looking statements so that you understand the context of those. We always like to start with this slide, which I kind of view as a bit of an executive summary, key investor highlights, key things that an investor should know. So number one is we're an innovative cellular concrete solutions company, leading provider of lightweight, cost-effective, durable cellular concrete for infrastructure projects. We have a strong competitive advantage that we'll cover off in an upcoming slide and work primarily as a subcontractor for major North American general contractors. We're in a position of financial strength and overall growth trend. Sorry, I had trouble getting that out. We've had revenue cumulative annual growth of 24% since 2017, which is very impressive. Our margins have been improving. We've met our record 2025 commitment already in Q3, and 2026 is forecast to be another good year. I like this chart here on the right here because it really shows kind of the key metrics that we follow. 2023 being our record year. 2024 is a step back year, but still profitable. And then 2025 focused on profitability and delivering a record year already. So there's a significant market opportunity in front of us. We're an industry leader. The global cellular concrete market is significant and is expected to continue to grow. And there's just increased tailwinds around infrastructure spending, both in Canada and the US. And we see more and more federal and provincial and state budgets just adding more fuel to the fire of increased infrastructure spending. So I'm going to hand it over here to Jordan next, who's going to cover the next couple of slides.

Thanks, Randy. And hello, good morning and good afternoon, everybody. So I'm going to just take you a little bit through the team and corporate timeline. We were just Management was introduced just a moment ago by Mr. Howard. So we are also led by a board of directors, including Manaz, Patrick, Steve, Anna Maria, and John, who offer valuable insight with all of their experience across many different industries. Insider ownership in our company is strong, roughly 10% of the 150.2 million outstanding shares, 166.8 fully diluted. The largest insiders include myself with 12.2 million and Randy with 1.8 million shares. In the lower right corner, we like to show this company timeline. It just kind of shows you everything that we've been through as a company from being founded in 1999, going through many different scenarios, challenges from financial crises, oil price crashes. And over the last five years with the pandemic, the Ukraine outbreak causing global shortages of cement, we've been through it all, but here we are persevering and flourishing with record level of earnings. So next slide, please. All right, so let me give you a little, recap or explanation cellular concrete 101 if you will uh the product description is cellular concrete is basically made mixing water cement and a foaming agent that looks like a everyday noxema shaving cream the foam agent basically creates a bubble inside the mixture and it holds its shape long enough until the cement and water harden around it leaving a cellular structure that has many different air pockets and causes a lightweight effect The key properties include being cost effective and it is low density and lightweight. It has a high bearing capacity. It's extremely pumpable. We've pumped upwards of 14,000 feet before, to give you an idea. It's highly flowable, self-leveling, self-compacting. It has thermal insulating properties that help out greatly in colder climates. It's very durable and it's very excavatable. And these are just key properties. There's others. well that i'm not mentioning primary applications would include a lightweight engineered fill this is the bulk of the work that we do otherwise known as load reducing fill and has many different names one of those would be a mse or mechanical stabilized earth retaining wall backfill others include lightweight insulating road sub bases flowable self-compacting fills pipe culvert abandonments, tunnel and annular grout applications, shallow utility, foundation installations. And again, this just names a few. There's several others that we rarely get involved in, like roofing and flooring applications, as well as underwater placement applications. So this just, again, highlights the primary applications that we do. And, you know, our competitors, our customers and competitive advantage, our key customers would include some of the largest companies, general contractors, and engineering companies in the North Americas, including your Bechtel's, Kiewit's, PCL's, I could go on and on. We pretty much work for them all. We'll occasionally contract directly with an owner, but the vast majority of jobs that we work on, we are always a subcontractor. And for our competitive advantages, our reputation is probably the most important. We've been successfully delivering cellular concrete solutions on time and on budget. uh for uh 25 years i often tell uh people that our production team is actually one of the greatest assets of our sales team because we do so well in the field uh it really speaks volumes when when general contractors and owners uh come to us or come to gc's and say they'd like to use Mix on Sight, Simatrix, Pacific International Grout because of our experiences. So it's really important. And that reputation, of course, is built on our team and experience having 200 years, over 200 years of experience in our field across our employees. Our equipment gives us a great advantage being the largest fleet of technologically advanced equipment producing cellular concrete. And we actually with our existing equipment have capacity to grow. Our size and scale helps tremendously. We have multiple locations coast to coast, and we can successfully complete projects across Canada and US in a manner that our competitors are not quite fit to do. And we're more sustainable, generally more environmentally friendly than legacy products that we replace. And just to give you an idea, one ready mix truck that can come down the road with 10 cubic yards, we can take that 10 cubic yards and turn it into 35, 40, 45 when we're doing wet mix applications. The same is true when we do dry mix applications. We can take one tanker that delivers roughly 50 tons and we can turn that into around 125 cubic yards of material depending on the mix design. But you can imagine having Only one truck versus, you know, 12 trucks on site. Not only does it help be more environmentally friendly, but it also adds a safety element as well, having less construction traffic on site. And with that, I'll pass it off to Randy.