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A C Q U I R E | I N T E G R A T E | A C C E L E R A T E P R I V A T E & C O N F I D E N T I A L M a n a g e m e n t P r e s e n t a t i o n Q 2 2026
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A C Q U I R E | I N T E G R A T E | A C C E L E R A T E P R I V A T E & C O N F I D E N T I A L Notice & Disclaimer Confidentiality This presentation is confidential and contains proprietary information regarding EMERGE Commerce Inc. (the “Company”, “us” or “our”). Under no circumstances may the contents of this presentation be copied, reproduced, distributed or passed, in whole or in part, in any form or forwarded or further redistributed to any other person. Any forwarding, distribution or reproduction of this document in whole or in part is unauthorized. Without limiting the generality of the foregoing, by accepting this presentation, the recipient will have be deemed to have agreed (i) to maintain the confidentiality of this document and the information contained herein, (ii) to protect such information in the same manner the recipient would protect its own confidential information, which shall be at least a reasonable standard of care, (iii) not to reproduce this presentation in whole or in part and (ii) to promptly destroy of return all copies of this presentation and any analyses, compilations, studies or other documents prepared by or on behalf of the recipient and containing or reflecting any information in this presentation upon the Company’s written request. Disclaimer This presentation is a short summary of certain information for introductory purposes only, is not to be relied upon for investment purposes. The information contained in this presentation has been prepared for the purpose of providing interested parties with general information to assist them in their evaluation of the Company and does not purport to contain all information necessary for a thorough understanding of the Company, its business or future prospects, or the nature or extent of the risks to which any of them and their respective businesses and their respective futures, or that may be required by a prospective counterparty or investor. This presentation has been prepared to assist recipients in making their own independent evaluation of the Company. The information contained in this presentation is provided as at the date hereof and is subject to amendment, revision and updating in any way without notice or liability to any party. Certain information contained herein has been prepared from third-party sources. Such information has not been independently audited or verified by the Company. While the information contained herein has been prepared in good faith, neither the Company nor its shareholders, directors, officers, agents, employees, or advisors give, has given or has authority to give, any representations or warranties (express or implied) as to, or in relation to, the accuracy, reliability or completeness of the information in this presentation, or any revision thereof, or of any other written or oral information made or to be madeavailable to any interested party or its advisers (all such information being referred to as “Information”) and liability therefore is expressly disclaimed. Accordingly, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers take any responsibility for, or will accept any liability whether direct or indirect, express or implied, contractual, tortuous, statutory or otherwise, in respect of the accuracy or completeness of the Information or for any of the opinions contained herein or for any errors, omissions or misstatements or for any loss, howsoever arising from the use of this presentation. This presentation is not an offer to sell or a solicitation of an offer to buy securities of the Company or any other company. Neither is this presentation an advertisement or promotion for the Company’s products or services. No securities regulator or commission has approved or expressed an opinion on the contents of this presentation. This presentation is not, and under no circumstances is to be construed as, a prospectus, an advertisement or a public offering of securities. Forward-Looking Information This presentation contains “forward-looking information” within the meaning of applicable Canadian securities laws and (“forward-looking statements”). Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based on our current beliefs, expectations, assumptions and analyses made by us regarding the future of our business, future plans and strategies, our operational results and other future conditions. These forward-looking statements appear in a number of places throughout this Presentation and can be identified by the use of words, such as “anticipates,” or “believes,” “budget,” “estimates,” “expects,” or “is expected,” “forecasts,” “intends,” “plans,” “scheduled,” or variations of such words and phrases or state that certain actions, events or results “may,” “might,” “will,” “would,” “could”, “should,” “continue,” or be taken, occur or be achieved. These Forward-looking statements in this presentation include, but are not limited to, statements with respect to: the Company’s strategy, development and commercialization plans and objectives (including target acquisitions including expected acquisition terms, sales roll out plans, the launch of “Want” global mobile mall app brand, projected milestones and timelines, estimated sales, revenue and EBITDA and cost metrics), market prices, values and other economic indicators and estimated valuation multiples. Forward-looking statements are based on certain material assumptions and analysis made by the Company, and the opinions and estimates of management as of the date such statements are made and they represent management's best judgment based on facts and assumptions that management considers reasonable in light of its experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties. 2
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A C Q U I R E | I N T E G R A T E | A C C E L E R A T E P R I V A T E & C O N F I D E N T I A L 3 EMERGE Overview EMERGE Commerce (TSXV: ECOM) is a Disciplined Acquirer and Operator of Profitable E-Commerce Brands and Technologies 1. Pro Forma, based on reported, audited 2025 results for EMERGE + unaudited H1 2026 2. Adjusted EBITDA is a non-GAAP measure, as defined in Company financial statements 3. Cash position at June 30, 2026 4. Cash flow for Operations based on 2025 audited results (EMERGE) ~$1M Revenue per FT Employee $2.4M TTM Cash Flow from Operations (4) Canada + U.S. Primary Markets $29M+ TTM Revenue (1) ~$4.8M Cash (3) A C Q U I R E | I N T E G R A T E | A C C E L E R A T E P R I V A T E & C O N F I D E N T I A L $1.6M+ TTM Adj. EBITDA (1,2) 5 Brands 3 Verticals D2C + B2B Segments
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A C Q U I R E | I N T E G R A T E | A C C E L E R A T E P R I V A T E & C O N F I D E N T I A L ECOM Portfolio Overview GROCERY GOLF A suite of e-commerce tools and apps to strengthen the overall portfolio B2B 4 Leading golf experiences, products and apparel portfolio across North America Profitable, Canadian market leader in premium meat & seafood subscription Founding Year: 2016 Market: Canada Founding Year: 2008(1) Markets: Canada, US Founding Year: 2016 Markets: Global 1. UnderPar, the initial anchor golf business was founded in 2008
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A C Q U I R E | I N T E G R A T E | A C C E L E R A T E P R I V A T E & C O N F I D E N T I A L 5 1. All figures are based on interim results 2. Adj. EBITDA is a non-IFRS measure. ✓Q2 Revenue increased to $9.1M vs. $8.5M A C Q U I R E | I N T E G R A T E | A C C E L E R A T E P R I V A T E & C O N F I D E N T I A L ✓Gross Margin increased to 39% vs. 36.5% ✓Cash increased to $4.8M vs. $3.5M +7% +2.5% +$1.3M Q2 2026 (vs. Q2 2025) Q2 Highlights • Revenue growth YoY — 9th consecutive quarter • Positive Adj. EBITDA (2) — 7th consecutive quarter • More “apples to apples” given T2G included in both years • First full quarter with Viral Loops included • Net Income positive +$200K, in line with prior year • Strongest quarter in years in terms of Revenue, Adj. EBITDA(2) and cash • All-in cash flow positive for Q2 and YTD Q3 Outlook • Continued revenue growth, improved gross margins and positive Adjusted EBITDA(2) expected ✓Adj. EBITDA(2) increased to $1.03M vs. $0.96M +7%
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A C Q U I R E | I N T E G R A T E | A C C E L E R A T E P R I V A T E & C O N F I D E N T I A L 6 • Canadian market leader in premium meat & seafood subscription, delivering locally sourced products, direct-to-consumers (“D2C”) • 3 regional hubs (ON, BC, and AB), with nation-wide delivery (FREE Shipping) • Largest EMERGE brand by revenue, positive organic growth and profitability YoY • BMO estimates “Buy Canadian” movement to add $10BN annually in local consumer spend. 84% of Canadians consider buying more Canadian products (3) • Predictable, re-occurring subscriptions drives the vast majority of revenue • Favorable Customer Lifetime Value (“CLTV”) to Customer Acquisition Cost (“CAC”) with strong retention and highly loyal member community Key Performance Indicators (1) GROCERY – Local Meat & Seafood Subscription ~90% Returning Customers $250 Average Order Value (“AOV”) $2,027 Customer Lifetime Value (“CLTV (2) ) 5,373 Avg. Monthly Boxes $100-150 Avg. Customer Acquisition Cost (“CAC”) ~2 Boxes Avg. to Breakeven P R I V A T E & C O N F I D E N T I A L truLOCAL is a major strategic opportunity for EMERGE (ButcherBox.com, the U.S. market leader, is a US$500M+ revenue business rumored to be valued at $500M-1BN) 1. truLOCAL KPIs based on average trailing-twelve-months. All figures are approximate 2. CLTV calculated as subscription box revenue to date divided by Subscribers who have made a purchase 3. Sources: Bank of Montreal
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A C Q U I R E | I N T E G R A T E | A C C E L E R A T E P R I V A T E & C O N F I D E N T I A L 10x Case Study 7 GOLF – Discounted Experiences Apparel, & Equipment A C Q U I R E | I N T E G R A T E | A C C E L E R A T E P R I V A T E & C O N F I D E N T I A L 1. Gross Merchandise Sales (“GMS”) reflects sales volume processed (non-IFRS measure). 2019-2024 Sales (GMS in $M) • UnderPar (“UP”) is a leading discounted golf experiences e-commerce marketplace across Ontario, California and other golf regions • Growing and profitable • Weakening economic climate is conducive to this discount model (UnderPar was founded during the “Great Recession” in 2008-09) • JustGolfStuff (“JGS”) is a discount golf apparel & equipment e-commerce marketplace • EMERGE’s fastest growing business over the last 5 years (~10x sales growth) • Tee 2 Green (“T2G”) is a profitable golf apparel and equipment business (omni-channel) with a 38-year track record • Diversified streams of income with 2 retail stores (Ontario), dozens of roadshows, an online store, custom fittings and simulator rentals • Long-term retail licensing agreements with major golf manufacturers such as TaylorMade, Callaway, Cobra and Wilson
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A C Q U I R E | I N T E G R A T E | A C C E L E R A T E P R I V A T E & C O N F I D E N T I A L T2G: Acquisition Overview & Rationale T2G, a profitable golf equipment and apparel business, was acquired at favorable terms, and immediate synergies with our golf portfolio P R I V A T E & C O N F I D E N T I A L • T2G generated revenue of $6.4M and Adj. EBITDA of $1M (unaudited) • Purchase price of $2.2M, including $1.1M cash on closing, $900K deferred consideration (5-year payment plan), and $200K in EMERGE shares issued • EMERGE also acquired $2.4M inventory on closing under an 8-year payment plan, providing a sizable cash flow advantage in 2025 • Scale digital ads: Leverage EMERGE’s team of digital marketing & tech experts to scale T2G advertising • Cross-sell: Promote T2G’s roadshows and stores to ~400,000 golfers, and feature UnderPar courses to T2G audience • Brand Partnerships: T2G has long-standing relationships in golf to pass along to JGS • Savings: Combined sales volume expected to reduce shipping costs. Opex reductions via shared resources Synergies A C Q U I R E | I N T E G R A T E | A C C E L E R A T E 8
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A C Q U I R E | I N T E G R A T E | A C C E L E R A T E P R I V A T E & C O N F I D E N T I A L 9 T2G: Year 1 Report Card T2G had a “homerun” first year under EMERGE, achieving exceptional organic revenue growth, profitability and cash flow 1 2 1P R I V A T E & C O N F I D E N T I A L Revenue increase +39% YoY EMERGE was able to comfortably exceed the $1.1M purchase price (upfront) in ~90 days 9 Adj. EBITDA increase +59% YoY Q2-Q4 2025 (vs. Q2-Q4 2024)
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A C Q U I R E | I N T E G R A T E | A C C E L E R A T E P R I V A T E & C O N F I D E N T I A L • B2B referral marketing platform that enables businesses to run viral campaigns to drive word-of-mouth, increase retention, and reduce customer acquisition costs. • Offers templates and tools to drive “virality” (organic growth) • No-code + developer friendly. Build campaigns without engineering effort • Popular use cases: Referral programs, product waitlists & pre-Launch campaigns, giveaways & contests, ambassador / affiliate programs Viral Loops at a Glance 1. Based on preliminary (unaudited) results 2. Adjusted EBITDA is a non-GAAP measure, as defined in Company financial statements. ~Hundreds Global B2B Clients 67M Participants 37K Newsletter Subscribers 10+ Years 150K Campaigns Launched 35M+ Referrals Trusted By Trusted By 10 ✓ Durable business in grocery, golf, or B2B ✓ Cash flow generative in “Year 1” ✓ Stable organic revenue growth ✓ Recurring customer & supplier relationships ✓ Fair price. Flexible terms Meets Acquisition Target Criteria
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A C Q U I R E | I N T E G R A T E | A C C E L E R A T E P R I V A T E & C O N F I D E N T I A L 1. Share Price and market capitalization are as of August 26, 2026 2. Total debt includes $5.85M senior credit facility, $1.39m convertible note, and approx. $800K deferred consideration owed to sellers 3. Cash balance at June 30, 2026 Capitalization Table Share Price $0.08 Basic Shares Outstanding 179.4M Market Capitalization $14.4M RSUs, Warrants and Options 16.7M Convertible Debenture 10.3M Fully Diluted Shares 206.4M Total Debt $8.1M Cash ($4.8M) Enterprise Value $17.7M Share Price and Cap Table 11
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A C Q U I R E | I N T E G R A T E | A C C E L E R A T E P R I V A T E & C O N F I D E N T I A L 12 Ghassan Halazon Founder, CEO, and Director • 15 years of building, buying and selling some of Canada’s most coveted e-commerce brands • Canada’s Top 40 Under 40 Award (2020), a Caldwell Award • Former Investment Banker with Citi (New York) • Georgetown MBA, and McGill (Bachelor of Commerce) Michael Murphy CFO, and Secretary • 25 years of finance leadership with extensive public market experience • Led finance at Dye & Durham, and Acasta Enterprises, among others • CFO at Quisitive, scaled finance function as revenue grew to $150M • Chartered Professional Accountant (CPA) Maurice Finn, COO, Golf • Leads EMERGE’s Golf business • Grew JustGolfStuff by nearly 10x over the last 5 years • Originally joined EMERGE in 2018 as VP, Sales & Partnerships • Previously, Direct Business Manager at Ingram Micro Ian McKinnon, Chairman, Independent Director Compensation & Governance Committee Chair John Kim, Independent Director Audit Committee Chair Board of Directors Leadership Team ✓ Veteran team of e-commerce operators and public market experts ✓ Multi-year track record of organic growth and profitability ✓ Completed multiple creative transactions to drive turnaround ✓ Professional, independent Board of Directors ✓ Strong insider ownership and alignment
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A C Q U I R E | I N T E G R A T E | A C C E L E R A T E P R I V A T E & C O N F I D E N T I A L 1. Company goal, inclusive of potential future acquisitions, and not guarantee or necessarily indicative of future performance. Continued operational execution - Drive strong Adj. EBITDA and Cash Flow - Maintain healthy organic growth overall - Integrate Viral Loops - Implement AI initiatives across the organization to drive growth and savings 1 2 3 Complete accretive acquisition(s) at disciplined pricing, with strong synergy - Viral Loops meets EMERGE’s stated criteria - Exploring a number of tuck- ins. Has to be cash flow positive on “Day 1” Reduce debt and interest expense to enhance cash flow and strengthen balance sheet - Advancing debt refinancing/ reduction opportunities A C Q U I R E | I N T E G R A T E | A C C E L E R A T E P R I V A T E & C O N F I D E N T I A L 13
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A C Q U I R E | I N T E G R A T E | A C C E L E R A T E P R I V A T E & C O N F I D E N T I A L ECOM 3.0: Acquisition Roadmap GROCERY D2C Pet Food D2C Pet Food D2C Competitors Corporate Gifting Logistics/ Vendors Tech/ SaaS Experiences Media Equipment & Apparel Tech/ SaaS GOLF The Face of Canadian Food Tech • 3-brand portfolio (~400K subscriber) across N. America • Track record of acquiring & accelerating golf brands profitably • $100M+ opportunity in Golf experiences, products and apparel Leading North American Golf Portfolio Offline (SIMs, Retail) • Exceptional anchor business & brand to build around • Market leader with established platform— growing & profitable • $100M+ opportunity in Canadian Grocery/ Food tech A suite of e-commerce tools and apps to strengthen the portfolio ✓ High margin, strong cash flow, asset-light, low seasonality ✓ Super-charge D2C portfolio with latest tech/ AI and B2B client base B2B 14
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A C Q U I R E | I N T E G R A T E | A C C E L E R A T E P R I V A T E & C O N F I D E N T I A L Acquire. Integrate. Accelerate. Thank you. Ghassan Halazon Founder & CEO Ghassan@emerge-brands.com TSXV: ECOM Investor Relations Investor@emerge-brands.com