Slides
Page 1
Investor Presentation February 2026
Page 2
DISCLAIMER ON FORWARDLOOKING STATEMENTS 2TSX-V:GSI | OTC:GKPRF Certain statements made in this presentation that are not historical facts are forward-looking statements within the meaning of securities laws. Forward-looking statements in this presentation include, but are not limited to, information with respect to the developments in Gatekeeper’s operations in future periods, and costs and timing of development, are subject to important risks, uncertainties and assumptions, both general and specific, which give rise to the possibility that actual results or events could differ materially from expectations expressed in or implied by such forward-looking statements. As a result, we cannot guarantee that any forward-looking statement will materialize, and readers are cautioned not to place undue reliance on these forward-looking statements. When ever possible, words such as “plans”, “expects”, or “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate”, or “does not anticipate”, “believe”, “intend”, and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or will be taken, occur or be achieved, have been used to identify forward-looking information. Such forward-looking information is based on management’s expectations and assumptions, including that the Company’s business and financial position and general economic conditions will not be adversely affected; that no material changes and adjustments will be made to the financial results disclosed herein resulting from the Company’s management’s and audit committee’s reviews or regular financial closing and review procedures and audit procedures; and that the Company will be able to implement its business strategies. These risks underlying the forward-looking statements in this presentation include, without limitation, risks related to the Company’s business and financial position; risks associated with general economic conditions; adverse industry risks; future legislative and regulatory developments; and the ability of the Company to implement its business strategies. For more exhaustive information on these risks and uncertainties, the reader should refer to the risk factors described in the Company’s most recent management's discussion and analysis. The forward-looking statements contained in this presentation represent our expectations as of the date hereof. We disclaim any intention and assume no obligation to update or revise any forward-looking statements. Forward-looking statements are presented for the purpose of providing information about management's current expectations and plans and allowing investors and others to obtain a better understanding of our anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes. The Company undertakes no obligations to update or revise such statements to reflect new circumstances or unanticipated events as they occur, unless required by applicable law. This presentation is not, and is not intended to be, an offer to sell or the solicitation of an offer to buy any security of Gatekeeper in any jurisdiction. This presentation is not an offering memorandum.
Page 3
We are a leader in mobile vehicle video safety solutions Using intelligent video and data, Gatekeeper provides a safer transportation environment for children, passengers, and drivers across multiple transportation modes
Page 4
A leading provider of AI-powered video and data management systems for transit and school bus fleets GATEKEEPER AT A GLANCE 4 22,000 27,000 32,000 36,000 42,000 48,000 57,000 65,000 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 22% 7-Year Revenue CAGR (FY2018-FY2025) $46.3M Contracts Announced Since Sept 1, 2025 ~120 Employees 25% Market Share in U.S. (School District Customers) >200,000 Devices Deployed SaaS Hardware Enabled SaaS Model Total Revenue (C$ millions, FY end Aug 31) Mobile Data Collectors TSX-V:GSI | OTC:GKPRF 8 14 20 17 20 28 38 32 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25
Page 5
Multiple growth drivers underpin continued growth in mobile video solutions over the coming decade LARGE AND GROWING MARKET 5 Robust Domestic School Bus Production: ~40,000 new school buses manufactured each year in N.A. Shift To Hosted Solutions: Transit agencies are modernizing from on-vehicle DVRs to live, cloud-hosted, AI- enabled video management platforms with remote access Regulatory Tailwinds: Major tailwinds from mandated video security in school buses and public transit systems Ligation & Liability Exposure: Rising litigation and liability exposure in public transportation driving increased adoption of video surveillance and evidence management systems Government Infrastructure Programs: Significant public investment in transit modernization and smart mobility infrastructure Government Revenue Generation: Growth of AI-driven video analytics (stop-arm enforcement) broadens use cases and increase revenue generation for local public entities Strong Tailwinds Drive Market Growth TSX-V:GSI | OTC:GKPRF 6.8 14.8 2024 2033 Mobile Surveillance System Market Size (US$ billions) ~9% CAGR Source: Growth Market Reports: Vehicle-Mounted Surveillance Systems Market Research Report 2033
Page 6
End-to-end hardware, solutions, and hosted services for School Buses and Public Transit Vehicles 6 HARDWARE SOLUTIONS HOSTED SERVICES MONITOR → PROTECT → SECURE One ecosystem for data-driven safety • Interior & exterior cameras • Stop-arm cameras • Mobile Data Collectors • Highly engineered hardware; built to withstand public use, vandalism high vibration & crash-resistance • Student & pedestrian protection • Accident prevention • Cell phone detection • Built-in AI-assisted video analytics • U.S. cloud-based data center • Video monitoring, analysis & storage • Automated enforcement & ticketing • Mobile Wi-Fi • Fleet management A COMPREHENSIVE SUITE OF MOBILE VIDEO SOLUTIONS & SERVICES TSX-V:GSI | OTC:GKPRF
Page 7
Our solutions serve multiple use cases from enhancing safety to reducing fraudulent claims and empowering law enforcement 7 SAFETY, SECURITY & ENFORCEMENT Dash Cam Alerts ✓ 360-degree live monitoring ✓ Enhanced student & pedestrian safety ✓ Violation detection ✓ Evidence collection ✓ Fraudulent claim protection ✓ Empowers school districts and law enforcement Citation Management Automated Lane Enforcement Student Protector / Automated Stop Arm 360 Vision Pedestrian Protector Cell Phone Detection Mobile Wi-Fi Internal / External Video, Audio, GPS, Time & Date) TSX-V:GSI | OTC:GKPRF
Page 8
8 ACCELERATING DEMAND FOR HOSTED SERVICES WITH ASSETS IN PLACE TO SCALE • Rising demand for hosted solutions across school & transit verticals • Fleet managers increasingly want real-time fleet-wide wireless connectivity • AI tools utilized to screen through enormous amounts of video to quickly assist in incident management and video evidence situations • Established U.S. data center to service demand • 65,000 Mobile Data Collectors installed, gathering video, audio, GPS, time, door open/close, erratic vehicle movement data. Serves as the "black box" Monthly Contracts 90% Target Margin 70% Current Margin TSX-V:GSI | OTC:GKPRF
Page 9
PLATFORM-AS-A-SERVICE BUSINESS MODEL 9 Onboard Video Devices ~200,000 installed IP-based High-definition video Mobile Data Collectors At-the-edge video processing Onboard vehicle “black box” Optimizes volumes of video & data to be transmitted and stored Multiple data inputs: GPS, speed, door open/close, erratic vehicle movement LTE Wireless Data Live View fleet management In-yard Wi-Fi Data End of day video management Cloud Based Data Center AI-assisted video analytics & storage Video Management Hosted Services Per bus, per month video analysis & monitoring G4 Vision Software Live view Fleet management Video analytics Facial blurring Snippet clipping Driver training TSX-V:GSI | OTC:GKPRF
Page 10
We service thousands of school districts and some of the largest public transit authorities in the world SERVICING PUBLIC ENTITIES ACROSS NORTH AMERICA 10 PUBLIC TRANSIT 60+ Customers Includes some of the largest U.S. transit authorities SCHOOL BUS 3,500+ Customers ~25% U.S. market share TSX-V:GSI | OTC:GKPRF
Page 11
STRONG CUSTOMER PROFILE Partnering with some of North America’s largest and most reliable transportation networks 11 Municipal Transport Depart. Transit Authorities City Transit Commissions Vehicle OEMs / Integrators School Districts Fleet Operators Departments of Education Vehicle OEMs & Bus Dealers School Bus Transit 2021 customer cohort repurchased in 4 of last 5 years (2021-2025)1 Increase in average revenue per customer (2020 - 2024) 51%96%Repeat Purchasers Extensive history of repeat buying over time 1. For materiality, excludes C$ customers with less than $50k total purchases in last 5 years and excludes US$ customers withless than $100k total purchases in last 5 years TSX-V:GSI | OTC:GKPRF
Page 12
INCREASE IN SYSTEM COMPLEXITY DRIVING RISING SYSTEM PRICES 12 2 2010 Internal Camera 2025 - External Camera - Mobile Data Collector Hosted Services 5 Internal Cameras 2 External Cameras 1 Mobile Data Collector Hosted Services Average System Contract Size ~$1,500 $4,000- $8,000 • Over the past decade, transportation systems have evolved significantly to meet growing demand for advanced safety and connectivity solutions • Rising complexity, from cameras to hosted data services, has increased the overall system functionality and value • Through continuous product innovation and infrastructure expansion, the average system ticket size has tripled Increase In Average School Bus System Price $4,000 $1,500 $8,000 2010 2025 TSX-V:GSI | OTC:GKPRF
Page 13
SEPTA projects validated Gatekeeper’s technology and allowed them to win progressively larger transit opportunities RECENT CONTRACT WINS MARK AN INFLECTION POINT IN TRANSIT 13 Largest U.S. Transit Authorities Region Ann. Ridership Metropolitan (MTA) New York City ~2.5B Chicago (CTA) Chicago ~250M Los Angeles County (LA Metro) Los Angeles ~220M Washington Metropolitan (WMATA) Washington ~180M Massachusetts Bay (MBTA) Boston ~150M Southeastern Pennsylvania (SEPTA) Philadelphia ~140M Bay Area Rapid Transit (BART) San Fransico ~120M Metropolitan Atlanta MARTA) Atlanta ~90M New Jersey Transit (NJ Transit) Newark ~85M Dallas Area Rapid Transit (DART) Dallas ~60M • First major transit contract awarded in 2018 • Multiple contract extensions since • SEPTA has saved US$20m in fraudulent claims Success at SEPTA helped with the MTA contract • Largest U.S. transit authority covering subway, metro, commuter rail, bus • Gatekeeper awarded C$27 million Long Island Rail contract in Sept 2025 TSX-V:GSI | OTC:GKPRF Transit contract announcements during 2025/26: • $0.8 Million Freight Rail Video Contract with L&T Technology Services for Etihad Rail in the Middle East, • Becomes OEM Transit Video Provider to Alstom, Announces $7.5 Million Contract, • $27 Million FRA Transit Video Project with New York Metropolitan Transportation Authority's Long Island Rail Road, • $2.2M Transit Video and Subscription Contract in Oregon, • Wins New Canadian Transit Customer in Ontario, • $1M OEM Paratransit Contract, • $3.5M SEPTA Video Services Contract Extension, • Toronto Transit Commission Awards Gatekeeper Automated Streetcar Enforcement System Contract.
Page 14
The busiest commuter railroad in North America carrying 250,000 customers each weekday across 947 trains 14 LANDMARK MTA CONTRACT SIGNALS A NEW ERA OF GROWTH • US$19.55 million (C$27 million) project for audio visual recording monitoring system upgrade • Required for compliance with the Federal Railroad Administration mandate $27M Contract Sept 2025 The Largest Transit Authority in the U.S. • Installation of comprehensive video solution and crashworthy mobile data collectors LIRR is an agency of the MTA. The MTA is the largest transportation network in North America, and MTA comprises the nation’s largest bus fleet and more subway and commuter rail cars than all other U.S. transit systems combined. TSX-V:GSI | OTC:GKPRF
Page 15
Gatekeeper selected to be the OEM factory-installed video provider for Alstom’s Light Rail in North America 15 ALSTOM OEM CONTRACT ANNOUNCED OCT 2025 • Gatekeeper selected as the video system provider for Alstom’s new light rail range in North America ~$7.5M Contract October 2025 Alstom OEM Video Transit Provider – Project will serve as a blueprint for multiple future opportunities in the region • Project will include 130 electric streetcars for SEPTA, with options for an additional 30 streetcars • Gatekeeper selected by Alstom after a 2-year long qualification period Alstom is one of the world’s largest and most prestigious rail transportation manufacturers, offering a full suite of trains, trams, metros, and lifecycle services across more than 60 countries TSX-V:GSI | OTC:GKPRF
Page 16
Pilot project focused on improving pedestrian safety with large opportunity for further implementation TORONTO TRANSIT COMMISSION (TTC) PROJECT 16 Automated Streetcar Enforcement System (ASES) • AI-assisted video analytics and automated ticketing solution • Enforcement of motorists who fail to stop when streetcar doors are open • AI-assisted video analytics, license plate capture, automated ticket processing • Pilot project on four streetcars Pilot Project Feb 2025 Automated Streetcar Enforcement System TTC operates streetcar routes in mixed-traffic conditions and certain stops require passengers to cross traffic lanes to board streetcars TSX-V:GSI | OTC:GKPRF
Page 17
NEW INTEGRATIONS WITH MAJOR SYSTEMS PROVIDERS TO ACCELERATE GROWTH 17 Transit School Buses New integrations being developed with leading global solutions providers to support global distribution. Direct Sales OEMs Integrations • Gatekeeper’s direct sales team • Agreements with global OEMs for pre-installation of video and MDC equipment → End-to-end video surveillance and access control solutions → Public transport systems provider covering fleet management, security, passenger systems, etc. → Unified security & surveillance systems via hardware, software & cloud-based services → Specialized surveillance systems, security solutions, AI-driven deployments, and cloud integration Direct Sales OEMs • Gatekeeper’s direct sales team • Agreements with OEMs for pre-installation of video and MDC equipment with marquee clients Established Established Established Underway TSX-V:GSI | OTC:GKPRF
Page 18
MAJOR REGULATORY ACTS ACCELERATING ADOPTION 18 Gatekeeper’s360 Surround Vision was used in Transport Canada’s perimeter visibility system pilot trial Announced Feb 2025, all new school buses must be equipped with perimeter visibility systems as of Nov 1, 2027 360 Surround Vision Surround view of the school bus, activated when the bus is reversing or making side turns. $196M spend from 2024 - 2036 +65,000 School buses affected by 2036 Announced Oct. 2023, the Federal Railroad Administration rule requires inward and outward facing image recording devices on all passenger trains and crash hardened memory modules Gatekeeperoffers NTBSP-compliant, digital video recorders designed to meet EN50155 international standards on trains Represents significant business opportunity for Gatekeeper US$300M Estimated related expenditures ~2,800 MDCs deployed for SEPTA Gatekeeper is a well-established technology provider of these requirements TSX-V:GSI | OTC:GKPRF
Page 19
STRONG TRACK RECORD OF FINANCIAL GROWTH 19 1-Year Stock Chart (TSX-V: GSI) Recent Price $1.60/sh Shares O/S 110.4m Stock Options 4.8m Market Cap ~$185m Recent Financing (Nov 13, 2025) $13.5m gross proceeds $2.10/sh. TSX-V:GSI | OTC:GKPRF
Page 20
Leveraging major customer wins, 3rd party integrations and hosted services to drive sustained expansion MULTIFACTED STRATEGY TO DRIVE CONTINUED GROWTH 20 Land & Expand New Customers Integrations & OEMs AcquisitionsHosted Services • Continue to expand within MTA & SEPTA (already in discussions) • Upsell additional security solutions and modules • Increase current client penetration • Accelerate new logo growth via sales team expansion • Leverage MTA and SEPTA to win additional large scale transit authority contracts • There are ~2,000 transit agencies in the U.S. • Integrations underway with leading North American transit solutions providers and global OEMs (Alstom) • Will act as 3rd party distributors and can drive material sales growth globally • AI and software focused acquisitions • AI centric acquisitions that allow Company to offer new bolt-on solutions supporting vertical market expansion • Continue to leverage new U.S. datacenter • Increase % of customers on monthly recurring contracts • Mobile Data Collector activations continues to accelerate TSX-V:GSI | OTC:GKPRF
Page 21
SENIOR MANAGEMENT AND BOARD OF DIRECTORS 21 Doug Dyment President & CEO Kelsey Chin CFO Valarie Higgins VP Sales Schools Jeff Gruban VP Sales Transit Doug Fraser VP Programs & Products Jason Harris VP Student Protector Programs Doug Dyment Director & Chairman Charlie Bruce Director David Stumpo Director Management Team Board of Directors TSX-V:GSI | OTC:GKPRF Gatekeeper Systems Inc. 301-31127 Wheel Avenue Abbotsford, BC V2T 6H1 Canada Gatekeeper Systems USA Inc. 7-200 Rittenhouse Circle East Bristol, PA 19007 USA Investor Contact Information: Doug Dyment, President & CEO 604-864-6187 DDyment@gatekeeper- systems.com www.Gatekeeper-Systems.com Hamish Dobson Director