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Investor Presentation January 14, 2026
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© 2026 Haivision Confidential Disclaimer 2 GENERAL This presentation is strictly intended to provide general information about Haivision Systems Inc. (the “Company”, “Haivision ”, “us” or “we”) and its business. This presentation does not constitute an offer to sell or the solicitation of an offer to buy any securities of Haivision. Information appearing in this presentation is a sele ct summary of our business, operations and results. Our latest annual information form and consolidated financial statements and management’s discussion and analysis thereon is available under our profile on SEDAR+ a t w ww.sedarplus.ca. Any graphs, tables or other information demonstrating our historical performance contained in this presentation are intended onl y to illustrate past performance and are not necessarily indicative of our future performance. The information contained in this presentation is accurate only as of the date of this presentation or the date ind icated. All references in this presentation to dollars and “$” are to Canadian dollars and all references to “US$” are to United States dollars. CAUTIONARY NOTE REGARDING FORWARD - LOOKING INFORMATION This presentation contains “forward - looking information” within the meaning of applicable securities laws. Such forward - looking information includes, but is not limited to, information with respect to our objectives and the strategies to achieve these objectives, as well as information with respect to our beliefs, plans, expecta tio ns, anticipations, estimates and intentions. This forward - looking information is identified by the use of terms and phrases such as “may”, “would”, “should”, “could”, “expect”, “intend”, “estimate”, “anticipate”, “plan”, “foresee”, “ believe”, or “continue”, the negative of these terms and similar terminology, including references to assumptions, although not all forward - looking information contains these terms and phrases. Forward - looking information involves known and unknown risks and uncertainties, many of which are beyond our control, that could cause actual results to differ materially from those that are disclosed in or implied by such forward - looking information. These risks and uncertainties include, but are not limited to, those described unde r “Risk Factors” in our most recent annual information, and in other periodic filings we have made and may make in the future with the securities commissions or similar regulatory authorities in Canada, all of which are available under our SEDAR profile at www.sedar.com. Forward - looking information is based on management’s beliefs and assumptions and on information currently available to management. Al tho ugh the forward - looking information contained in this presentation is based upon what we believe are reasonable assumptions, you are cautioned against placing undue reliance on this information since a ctu al results may vary from the forward - looking information. Consequently, all of the forward - looking information contained in this presentation is qualified by the foregoing cautionary statements, and there c an be no guarantee that the results or developments that we anticipate will be realized or, even if substantially realized, that they will have the expected consequences or effects on o ur business, financial condition or results of operation. Unless otherwise noted or the context otherwise indicates, the forward - looking information contained in this presentation is provided as of the date of this p resentation, and we do not undertake to update or amend such forward - looking information whether as a result of new information, future events or otherwise, except as may be required by applicable law. NON - IFRS MEASURES Haivision’s consolidated financial statements are prepared in accordance with International Financial Reporting Standards – Accounting Standards (“IFRS”) . In this presentation, as a complement to results provided in accordance with IFRS, we disclose and discuss certain non - IFRS financial measures and non - IFRS ratios (collectively, “non - IFRS measures”), including Gross Margin and Adjusted EBITDA, as well as other measures discussed elsewhere in this presentation . These non - IFRS measures are not defined by IFRS and do not have a standardized meaning under IFRS . Our method of calculating these non - IFRS measures may differ from other issuers and may not be comparable with similar measures presented by other issuers . We have presented such non - IFRS measures as management believes they are relevant measures of our underlying operating and financial performance . For information on the most directly comparable IFRS measures, composition of the non - IFRS measures, a description of how we use these measures, an explanation of how these measures provide useful information to investors, and as applicable a reconciliation of the non - IFRS measures (including a reconciliation of Adjusted EBITDA to net income (loss), its most directly comparable IFRS measure), refer to the “Non - IFRS Measures” section of our management’s discussion and analysis for the three months and full - year ended October 31 , 2025 , dated January 14 , 2026 , available on Haivision’s SEDAR+ profile at www . sedarplus . ca, which is incorporated by reference into this presentation . Non - IFRS measures should not be considered as alternatives to net income (loss) or comparable metrics determined in accordance with IFRS as indicators of our performance and profitability . TRADEMARKS This presentation includes certain trademarks we own or have the right to use, including Haivision, Makito and SRT, which are pr otected under applicable intellectual property laws and are our property. Solely for convenience, our trademarks and trade names referred to in this presentation may appear without the ® or TM symbol, but s uch references are not intended to indicate, in any way, that we will not assert, to the fullest extent under applicable law, our rights to these trademarks and trade names.
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© 202 6 Haivision Confidential Our Vision | The Real - Time Video Revolution Data Processing Cloud SD HD UHD AI Analog Computer Mobile … Streaming Video Conferencing Telepresence Broadcast Internet ISR & Drones Remote Production Command Centers Remote Warfare Real - Time Video Revolution Ubiquitous bandwidth and near unlimited video and data processing capabilities create demand for increasingly complex use cases. This is the Real - Time Video Revolution. Low Latency video delivery Complex operational monitoring Reliance on diverse network Real - time crime centers Mobile video production Cybersecurity SOC Distributed infrastructure Around the world live news Proliferation of live sport Remote operation Demand Drivers Network Connectivity One - way IP BBand Fiber 4G 5G DSL 3G … Apollo 11: July 20, 1969 3
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Mission - critical events are happening everywhere, around the world, now Sports Entertainment Federal Intelligence Public Safety Utilities News Aerospace Technology Logistics Military Finance © 2025 Haivision Confidential
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The Value of Now | Real - time Video Latency Tolerance by Markets Timing matters, value is in the NOW NOW 5 second 20 seconds 45 seconds Live - streaming by OTT providers One - way live streams to large audiences User Generated Content Real - time interactivity Real - time contribution 10 seconds 300ms User Generated Content Live Sports & News Production Defense & Government 1 st Responders Live Televsion 10 seconds Typical TV broadcast latency 25 - 80 ms Haivision Ultra - Low Latency Enterprise Operation Centers © 202 6 Haivision Confidential
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The World in Real - Time Command 360 Live 360 Intelligence 360 Technology Fundamentals Reliability Quality Performance Security Mission Platforms Sports & News Platform © 202 6 Haivision Confidential
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Haivision Command 360 Comprehensive video wall solution for mission - critical operations & command centers Enterprise Government & Defense Platform Technology Platform Offering Customer Examples Combat Information Centers Network Operation Centers Real - time Global Operations Centers Haivision powers over 60 connected operation centers at 21 datacenters, 5 regional offices, and 3 major Global Security Operation Centers (GSOCs). Haivision MCS provides a comprehensive suite of ultra - high performance real - time video processing solutions integral to the US Navy’s Combat Information Centers. Haivision video wall technology powers the Network Operation Center providing critical insights into Maersk global warehouse platforms © 2025 Haivision Confidential
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Platform Technology Haivision Media Platform Scalable solution for multi - site corporate communications and IPTV Makito X1 Rugged Small - form factor real - time video encoder for ISR Kraken KX1 Real - time video and metadata transcoding and AI processing Enterprise Government & Defense Platform Offering Mission - Critical Control Center Haivision solutions capture video from cameras across launch sites, deliver those critical feeds throughout their campuses, and display the video along with other mission - critical data within NASA Mission Control Centers. Mission - Critical Live Video Distribution Customer Examples Ultra - Lower Latency Situational Awareness Haivision technology is deployed for cyber security, command and control, communications and intelligence systems, consolidating and modernizing network systems to improve operational effectiveness and affordability. Haivision delivers live low latency video to the trading floor and between offices in NY, Atlanta, San Francisco, and London. © 202 6 Haivision Confidential
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Enterprise Government & Defense Platform Technology Platform Offering Customer Examples Live News Video Contribution Live Sport Private 5G Contribution Live Sport Video Networking Makito encoders transport live video from over 600 colleges to ESPN HQ for live sports production serving thousands of events annually for ESPN+, ESPN3, and ESPNU Haivision mobile 5G networks transmitters feed live video from the field to CNN HQ for breaking news production serving thousands of events annually for CNN and WBD Haivision Makito X4 Ultra - low latency video encoders & decoder Haivision F alkon X2 Ultra - low latency 5G video transmitter Haivision mobile transmitters solutions powered the Paris 2024 opening ceremony and sailing competitions winning an IBC innovation award with Olympic Broadcasting Services Haivision hub 360 Cloud based master control solution to orchestrate contribution worjflows Paris 2024 Summer Games © 202 6 Haivision Confidential
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The World in Real - Time Live 360 Command 360 Intelligence 360 Market Growth Drivers • Command Center are required in every industry for real time decisions • Response groups require cross domain visualization and collaboration • Decision makers, customers & shareholders are expecting real - time awareness and response Market Growth Drivers • Global threats are increasing • Artificial Intelligence at the edge will transform ISR capabilities • Security compliance, certification, metadata and interoperability are high barriers to entry Market Growth Drivers • Private 5G replacing RF for Live Production • Remote & Cloud Production becoming the norm • Live content attracts most viewers & advertising revenue Mission Platforms Sports & News Platform © 202 6 Haivision Confidential
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The Value of Now | HAIVISION market segments & High Value TAM NOW 20 seconds 45 seconds Live - streaming by OTT providers One - way live streams to large audiences Real - time interactivity Real - time contribution 300ms Broadcast TV & Streaming 10 seconds 10 seconds Typical TV broadcast latency Live Sports & News Production Government, Defense & Enterprise Market Segments Targeted by HAIVISION High - value TAM $10 Billion USD Media & Entertainment $1.25 Billion Government & Defense $4.25 Billion Enterprise $4.5 Billion 25 - 80 ms Haivision Ultra - Low Latency Government & Defense © 202 6 Haivision Confidential Enterprise Media & Entertainment Global Video Infrastructure Market Total Addressable Market $ 38 Billion USD (1) 1 Source: Global Market Insights Inc. Global Video Infrastructure Market, December 2025
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© 202 6 Haivision Confidential Technology Leadership 12 60+ TOTAL AWARDS Recognized industry leadership A track record of driving our industry forward • Integrated on - premise/cloud solutions • Orchestrated/dynamic cloud workflows Latency Pioneer Ground - breaking ultra low latency edge - to - edge encoding SRT Inventor SRT, the most widely adopted video networking protocol 5G Innovator Pushing the envelope of live video performance over cellular networks • Network slicing performance • Private (P5G) network security • Mobile edge computing AI Accelerator Delivering intelligent, efficient live video — optimized for context and performance
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© 202 6 Haivision Confidential Years of positive Adjusted EBITDA 3,4 19 8 Acquisitions 2004 Year founded $ 138M FY2025 1 revenue Haivision in Numbers 13 TAM of $US38B Market US$10B ~ 380 Employees worldwide ~75% Repeat customers 2 ~70+% Gross Margin 3 1. Company fiscal year - end October 31 2 . Represents sales generated in by customers who were also customers of Haivision in the prior year 3 . Non - IFRS measure, See “Disclaimer – Non - IFRS Measures” 4. See Management’s Discussion and Analysis for the Three Months and Full Year Ended October 31, 2025 for reconciliation of Operating Income (Loss) to Adjusted EBITDA
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© 202 6 Haivision Confidential Investment Opportunity | A Sound Approach to Driving Profitable Growth 14 Private Company for 16 Years, prior to going public December 16, 2020 • Good “stewards of capital” • Self - funded 16 years of growth with a CAGR of 22.7% • Turned an original $8.25M investment to annual revenue of over $80M+ at the time of IPO • 6 acquisitions focusing on portfolio and technical expertise, including for Cloud and AI Lead the real time video revolution • Capture growth potential of Command Centers • Build on AI in ISR for Defense • Lead the 5G market transition • Drive recurring revenue • Strategic alliances • Selective M&A to expand product offering & grow revenue The Opportunity Acquired in 2022 Acquired in 2021 IPO in 2020 Lighthouse Wins Post - Acquisitions
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© 202 6 Haivision Confidential Seasoned Management Team With the Workforce To Deliver 15 Miroslav (Mirko) Wicha , President, CEO & Chairman • Haivision founder • 35+ years of senior management experience with software & hardware companies • Former EVP Discreet/Autodesk, Alias Research, Silicon Graphics, Hewlett - Packard Dan Rabinowitz, CFO and EVP Operations • 35+ years of experience in finance and management • Former CFO of FinanSure , TUSC and Peapod Peter Maag, CSO and EVP Strategic Partnerships • 25+ years in business development, sales, marketing and partner development • Former VP of Hyperchip and Discreet/Autodesk Jean - Marc Racine, Chief Product Officer and EVP, Broadcast • 25+ years of experience in product and marketing in media and telecom • Former CPO for Synamedia Ltd • Co - founded Farncombe Tech. a video and security specialist sold to Cartesian. Average of almost 30 years ' experience in the industry 22 Countries 17 Time Zones 27 Languages 20+ Nationalities 5 Research & Development Offices worldwide 50% worked 5+ years A Diverse & Global Workforce Jean - Philippe Demers, Chief Operating Officer • 25+ years of experience in supply chain and operations management • Formerly held positions at Pratt & Whitney, Hyperchip , Clarent Corp and P&G.
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© 202 6 Haivision Confidential Trading Information Capitalization Summary 16 Trading Symbols: TSX:HAI Recent close: Jan 7 , 202 6 : $ 5.55 52 week high/low: $ 5. 6 4 / $3.67 Market capitalization (at Jan 7 , 202 6 ): $ 1 5 0 million Common Shares Outstanding: 27, 192 , 5 80 Debt (1) : $ 5.1 million (2) Cash + Cash equivalents (1) : $17.1 million 1 As of October 31, 2025 2 Includes $2.4 in Term Debt and $2.7 million extended on the Line of Credit Board & Management Public Float Ownership Structure 33.0% 67.0%
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haivision.com Glen Akselrod Bristol Investor Relations glen@bristolir.com +1 (905) 326 - 1888 ext. 1 Dan Rabinowitz Haivision cfo@haivision.com +1 (847) 362 - 6800 ext. 7209