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SECURITY SERVICES CORP . TSXV: SECU OTCQX: SECUF CORPORATE PRESENTATION – FEBRUARY 10, 2026 1
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Forward Looking Statements Important notice concerning this document including forward looking statements This Presentation discloses management policies, investment strategies and courses of conduct that may constitute “forward-looking information” within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein may be forward-looking information. Generally, forward-looking information may be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “proposed”, “is expected”, “budgets”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. This forward-looking information reflects the Company’s current beliefs and is based on information currently available to the Company and on assumptions the Company believes are reasonable at the time of preparation. These assumptions include, but are not limited to, the actual results of investee’s being equivalent to or better than estimated results by the Company. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: general business, economic, competitive, political and social uncertainties; commodity prices; cyclical nature of the agricultural industry; weather; the early stage development of the farming operations or dishonesty of the streaming partners; reliance on management, uncertainty in identifying and structuring streaming agreements, liquidity of investments, potential conflicts of interest, failure of the Company to meet targeted returns, limited transferability of Shares, defaulting streaming partners, competition; changes in project parameters as plans continue to be refined; delay or failure to receive board or regulatory approvals; changes in legislation, including environmental legislation affecting the Company and its streaming partners; timing and availability of external financing on acceptable terms; conclusions of economic evaluations; and lack of qualified, skilled labour or loss of key individuals. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there maybe other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. As a result of these risks and uncertainties, actual events or results and the actual performance of the Company or its business may be materially different from those reflected or contemplated in the forward-looking statements or information. Likewise, in considering the prior performance information contained herein, prospective investors should bear in mind that past performance and experience is not necessarily indicative of future results, and there can be no assurance that the Company will achieve comparable results. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”), or any state securities laws. Accordingly, these securities may not be offered or sold within the United States of America or to a U.S. Person (as such term is defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws or an exemption from such registration is available. 2
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Profile • Security Services Corp. (“SSC”) is a public holding company which actively acquires and grows cyber, physical, and electronic security companies across Canada • TSXV: SECU OTCQX: SECUF • The principals of SSC have decades of experience in the physical, cyber, and electronic security industry • First acquisition in 2021 – now 3,000 employees from coast to coast Using our strong balance sheet to acquire & grow cyber, physical & electronic security services companies. 3 Corporate structure: Public Holding Company Operating Company (as of the date of this document)
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Acquisitions to Date • Feb 2021 – Acquisition of SRG Security Resource Group Inc. (SRG) of Regina, Saskatchewan (~415 employees) for $19.4 million • July 2021 – Acquisition of the regional operations of Impact Security Group (~215 employees) for $1.35 million • June 2022 – Acquisition of Logixx Security Inc. of Toronto (~1,600 employees) for $23.8 million in cash The Logixx deal was transformative, growing annual revenue at that time to ~$110 million 4 OBJECTIVES: • Drive value via 10-15% Annual Adj. EBITDA Growth per Share • No debt • Maintain strong balance sheet to position for growth via acquisition and/or Organic Growth • Consistent dividend Impact Security Group
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1. Complete conversion of legacy assets to cash for redeployment into security sector. 2. Organic Growth a) Best capitalized security company in Canada – a strong balance sheet enables us to bid on and win larger national contracts b) Cyber security – a top concern for companies and governments with many growth opportunities c) Electronic Security – increased focus on monitoring security services 3. Acquisitions a) Contracts – July 2021 – acquired regional operations of Impact Security b) Entire companies – June 2022 – acquired Logixx Security Inc. 4. Cross-selling cyber and electronic security services into physical security clients 5. New Product Offerings SSC Growth Strategy Strong Team + Strong Balance Sheet + Growing Industry = Strong Growth 5 OBJECTIVES: • Drive value via 10-15% Annual Adj. EBITDA Growth per Share • No debt • Maintain strong balance sheet to position for growth via acquisition • Consistent dividend
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Sustainable Growth Objectives in growing our recurring monthly contracted revenues: • Grow predictable revenue streams • Extend customer relationships through multi-year contracts • Retain customers through consistent exceptional service Security is a steady, stable industry with consistent long-term growth. 6 25.5 26.0 27.4 27.2 27.5 27.8 28.5 26.9 29.1 31.0 30.5 1.0 3.2 3.6 3.2 2.2 1.8 0.7 0.8 1.1 1.5 3.1 17.5 19.5 21.5 23.5 25.5 27.5 29.5 31.5 33.5 35.5 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Quarterly Revenue ($ in millions) Recurring Monthly Contracts/Revenues Temporary Short-term Contracts
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Increased Revenue and Consistent Adjusted EBITDA Source: Company SEDAR filings, Management estimates Security is a steady, stable industry with consistent long-term growth. 7 Key Performance Indicators $CAD thousands Quarter ended December 31 2025 2024 YoY Revenue 33,536 29,195 +14.9% Cost of Sales 28,429 24,387 +16.6% Gross Profit 5,107 4,808 +6.2% Gross Margin (%) 15.2% 16.5% -1.3% Adjusted EBITDA 1,063 1,171 -9.2% Adjusted EBITDA per share (basic) $0.06 $0.06 +0.0%
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Blue Chip Client List 8
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Emphasis on Growing Value per Share Source: Company SEDAR filings, Management estimates Managed by highly aligned owner/operators No debt, shareholder value growing, steady dividend 9 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0% 40.0% 45.0% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 Continuously Rising Insider Ownership 0 0.005 0.01 0.015 0.02 0.025 0.03 0.035 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 38 Quarters of Consistent Dividends Paid to Shareholders 17,000,000 17,500,000 18,000,000 18,500,000 19,000,000 19,500,000 20,000,000 20,500,000 21,000,000 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 FY2022 FY2023 FY2024 FY2025 FY2026 Shares & Options Outstanding - Active Share Buyback Program Shares Out (Basic) Options Out $- $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 FY2022 FY2023 FY2024 FY2025 FY2026 Adj EBITDA by Quarter
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Legacy Business Winding up Rapidly Source: Company SEDAR filings, Management estimates 10 Legacy Business Wind-up • Farmland Mortgages: Book is shrinking rapidly due to farmer buyouts via refinancing. • Collection Accounts: Slow but steady progress working through the legal system – fully secured via farmland mortgages & every collection account results in a write-up of previous bad-debt provisions Full carrying value + significant upside on legacy assets is secured by liens on farm real estate $- $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000 $40,000,000 $45,000,000 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 Net Capital Remaining in Legacy Business - Being Converted to Cash Write-up Potential
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Buying Back and Cancelling Shares Source: Company SEDAR filings, Management estimates 11 Active Share buyback Program • Buying back share as we continue to believe that our shares have been trading in a price range that does not adequately reflect their value. • Purchase of shares under our current NCIB will enhance shareholder value. • Since 2017, the Company has bought back and cancelled roughly 48% of the outstanding shares. 2.0% 25.6% 37.9% 39.9% 42.6% 43.8% 46.2% 47.8% 47.8% 0.0% 20.0% 40.0% 60.0% 80.0% 100.0% 120.0% 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Percentage of Shares Bought Back Cumulative % shares bought back % shares O/S $- $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 $3.50 $4.00 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 FY2023 FY2024 FY2025 FY2026 NCIB Purchase Prices vs Equity per Share Shareholder Equity by Share NCIB Purchase Price
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Capital Allocation / Growth Strategy Repurchase shares when undervalued • Operate with no LT debt • Fund our own receivables • New product development Drive Value via 10-15% Annual Adj. EBITDA Growth per Share • Buy good, solid cash flowing companies without overpaying • Pay cash or use seller financing where possible • Optimize operations and use scale to improve EBITDA margins M&A Buy security companies Buy Back Shares Organic Growth Expand by winning contracts & cross-selling cyber services 12 Consistent Quarterly Dividend Currently $0.03 per Q
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Management Team Doug Emsley President & CEO • Co-Founder & CEO of SSC Security Services Corp. • Co-Founder of SRG Security Resource Group Inc. • Co-Founder and President of Assiniboia Capital Corp. & Assiniboia Farmland LP • President of Emsley & Associates (2002) Inc., • Vice Chairman – Information Services Corporation (TSX: ISC) • Former Board Member – Bank of Canada, Royal Utilities Income Fund (TSX), Public Policy Forum, Saskatchewan Roughriders Football Club, Greenfield Carbon Offsetters Inc. Blair Ross, C.Dir Chief Operating Officer • Co-Founder of SRG with over 30 years experience in private security • Chair of the Board of Directors of Saskatchewan Gaming Corporation • Former Chair of the Hospitals of Regina Foundation & Co- Chair of the Sandra Schmirler Charity Golf Classic • Regina Big Brothers Honorary Lifetime Big Brother Award • Diamond Jubilee Medal Recipient for business & community involvement 13 Brett Leonard, CPA, CA Chief Financial Officer • CFO at SSC Security Services Corp. • Director of Finance & Administration at SSC Security Services Corp. • Director of Finance & Administration at Seaboard Special Crops • Senior Financial Analyst, The Mosaic Company • Senior Accountant at Deloitte LLP • CA (2009), CPA (2014) • BBA, University of Regina
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Board of Directors Doug Emsley Chairman, President & CEO • Co-Founder & CEO of SSC Security Services Corp. • Co-Founder of SRG Security Resource Group Inc. • Co-Founder and President of Assiniboia Capital Corp. & Assiniboia Farmland LP • President of Emsley & Associates (2002) Inc., • Vice Chairman – Information Services Corporation (TSX: ISV) • Former Board Member – Bank of Canada, Royal Utilities Income Fund (TSX), Public Policy Forum, Saskatchewan Roughriders Football Club, Greenfield Carbon Offsetters Inc. Brad Farquhar Independent Director • Co-Founder & former CFO of SSC Security Services Corp. • Co-Founder, VP & CFO of Assiniboia Capital Corp. & Assiniboia Farmland LP • Director of Mongolia Growth Group Ltd. (TSXV: YAK), Cypress Hills Partners, Plannera Pensions & Benefits, and Prairie College • SIM International Board of Governors • Advisory Board, AgFunder .com • Former Executive in Residence, University of Regina • Former Board Member – LUXXFOLIO Holdings Ltd. (CSE: LUXX), Radicle Group Ltd. (private – sold to BMO), Legacy Group of Companies (private), Past Chair of SIM Canada Dr. Lorne Hepworth, C.M., S.O.M. Independent Director • Chairman of Ag Research & Innovation Ontario • Previously: Canterra GP Ltd., CARE Canada, Chair of Genome Canada, Advisory Board of the National Research Council, Plant Biotechnology Institute, Canadian Agri-Food Research Council, federal Pest Management Advisory Committee, National Biotechnology Advisory Committee • Past President of CropLife Canada and Former Saskatchewan Minister of Agriculture, Finance, Education, and Energy & Mines • Member of the Canadian Agriculture Hall of Fame • Member of the Order of Canada David A. Brown, C.M., K.C. Independent Director, Lead Independent Director • Former Counsel, Davies Ward Phillips & Vineberg LLP • Former Chairman & CEO – Ontario Securities Commission (OSC) • Founding Chair of the Council of Governors for the Canadian Public Accountability Board • Former Member of the Investment Advisory Board, Westerkirk Capital Inc. • Former Director & Member, Funds Advisory Board, Invesco Trimark Group of mutual funds 14 Laurie Powers, CPA, CA, ICD.D Independent Director • President, Canterra Capital Corp. • Formerly VP , Private Investments, Harvard Developments Inc. and CFO of the following: Victoria Park Capital, Investment Saskatchewan, Information Services Corporation of Saskatchewan, National Alfalfa Merchants & Processors Inc. • Current Boards: AVAC Group, Information Services Corporation (TSX: ISC), Peace Hills Insurance. • Previous Boards: Saskatchewan Roughrider Football Club, Harvard Western Ventures Inc., Bioriginal Food & Science, Primaxis Tech Ventures Inc.
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Corporate Profile (as at September 30, 2025) TSX Venture Exchange symbol SECU (OTCQX: SECUF) Common shares outstanding 18,264,286 Options outstanding 399,998 Insider Ownership • Basic 38.2% • Fully diluted 40.1% Closing Price $2.42 Market capitalization $44.2 million Net Cash + Near Cash position ~$18.1 million Enterprise Value $35.6 million Employees ~3,000 Name % Ownership (Basic) Doug Emsley, CEO 25.4% Donville Kent Asset Management 6.9% Brad Farquhar, Director 6.0% Winnipeg Airports Authority 4.9% Blair Ross, COO 1.6% David Brown, Director 0.8% David Laidley 0.6% Employees & Other Insiders 1.8% Holdings of Top Shareholders + Insiders 48.0% Top Shareholders Source: TSX InfoSuite, Company estimates 15 Managed by highly aligned owner/operators No debt, shareholder value growing, steady dividend
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Contact Information Doug Emsley Chairman, President & CEO (306) 347-1024 doug@securityservicescorp.ca Brett Leonard CFO (306) 347-1242 brett@securityservicescorp.ca 16 OBJECTIVES: • Drive value via 10-15% Annual Adj. EBITDA Growth per Share • No debt • Maintain strong balance sheet to position for growth • Consistent dividend