Xtract One Technologies (XTRA) AGM 2025 summary

Opening remarks and agenda

• Meeting commenced at 10:00 A.M. Vancouver time with administrative items addressed.

• Script and motions were taken as read due to absence of registered shareholders, with proxies used for voting.

Financial performance review

• Fiscal 2025 established a foundation for growth, highlighted by continued adoption of Smart Gateway and launch of One Gateway.

• Expansion into new markets and geographies was achieved.

• Revenue grew from approximately CAD 40 million five years ago to over CAD 16 million in the most recent quarter.

Strategic initiatives and plans

• Focus remains on capitalizing on investments and milestones in Fiscal 2026, with expectations for further business expansion and innovation.

• Emphasis on building brand trust and delivering customer-driven innovation.