Slides
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2025 Year-End and 2026 Update
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Investor Update Framework 01 Highlights 02 Outlook 03 Financials 04 Questions and answers
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HIGHLIGHTS
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A climate-smart innovation to restore and improve soil, increase water use efficiency, and strengthen economic resilience for our clients. About Desert Control Agriculture Trees & Forest Golf, Turf & Landscaping Technology Soil enhancement solutions to reduce water and input usage while increasing plant health for agriculture, forest management, golf courses, turf and landscaping. Solution Areas
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How LNC is Delivered Assess & Analyze Design & Prescribe01 Gain understanding of client needs and location-specific soil and water conditions. Desert Control collects soil samples and implements sensors to assess and monitor soil health and water use. The optimal soil improvement solution is prescribed with a tailored LNC formulation. LNC is Produced On Site With Tailored Formulation02 Desert Control brings LNC production units (as seen above) to the client location. The unit connects to a local water supply, and the specific formulation of natural materials (clay, minerals, etc.) is loaded into the unit. The unit processes the raw materials into a highly charged liquid nearly as thin as water. Apply Easily Through Irrigation Systems (one-time application)03 The liquid has sub-micron particles and can safely be applied through irrigation systems. The liquid migrates into the ground, forming a soil structure in the root zone that retains water and nutrients like a sponge. One treatment can last for 5 years.
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Focused Commercial Strategy With Multiple Revenue Streams United States Middle-East Focus Areas California Arizona United Arab Emirates Saudi Arabia Commercial Strategy Revenue streams Pay on Delivery Pay-as-you save («PAYS») Direct sales Licensing partners Licensing revenue Hardware sales
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ESTABLISHED PRESENCE IN HIGHLY ATTRACTIVE MARKETS 7 211 150 75 38 26 20 11 North Africa Middle East Southern Europe USA Mexico ChileAustralia Major addressable markets – Sandy soil agriculture (USD billions) Established presence Desert Control has an established presence in USA and Middle East, two of the largest addressable markets in the world Source: Westwater Research’s numbers for US agriculture, National Agriculture statistics service, Independent market research firm, Internal calculations
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8 36% 34% T reenut 9% Orchard Vineyard High value 20% WestwaterResearch’s numbers for US agriculture,Internalcalculations for turf ,National Agriculturestatistics service USD 5.0 bn 6% T reenut 16% Orchard 1% Vineyard 77% High value Orchard Vineyard 79% High value USD 199 m T reenut 5% 16% PRIORITY 1 STATES: SUBSEGMENTS (excl. specialty crop) ArizonaCalifornia Texas M a r k e t s i z e ( 6 0 - 1 0 0 % s a n d i n s o i l, $ b i l l i o n ) USD 195 m
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Need For Efficient Water Usage Has Never Been Higher 9 UN NEWS Global perspective human stories 20 January 2026 The world has moved beyond a water crisis and into a state of global water bankruptcy, says a new flagship report released on Tuesday by UN researchers. LOS ANGELES TIMES FEBRUARY 9, 2026 Water deadlock spirals downward Supplies to California and other states are at risk as Colorado River negotiations stall.
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U.S. Golf Course Update – Early Commercial Validation Woodland Hills Country Club (CA) First Pay-As-You-Save (PAYS) program client. Reduced irrigation costs while maintaining turf quality. 2H 2025 water savings and incentive value exceed USD 185K. Berkeley Country Club (CA) Pilot completed with positive performance data. Discussions ongoing for full-scale application. Wood Ranch Golf Club (CA) Pilot showing consistent water-use reduction results. Los Angeles region –>35 golf courses, ~1,000 acres in LADWP area 10
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11 UPDATE In Q4, as in Q3, our first Pay As You Save (PAYS) program client, Woodland Hills Country Club (WHCC), realized significant savings in irrigation water costs. The combined savings and incentives for WHCC for H2 2025 exceeded $185k USD (pending incentive approvals). Revenue to DC should exceed $85k for H2 (pending final report from water utility) Month % Savings vs 5 yr base 5 yr Baseline Cost Actual Cost $ Savings vs 5yr Jul 27.0% $ 124,468 $ 90,895 $ 33,573 Aug 13.6% $ 191,070 $ 165,004 $ 26,066 Sep Oct 39.1% $ 66,832 $ 40,726 $ 26,106 Nov 68.3% $ 41,309 $ 13,099 $ 28,211 H2 Woodland Hills Country Club
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Agricultural Subsegments 01 VINEYARD02 SPECIALTY CROPS03 Tree nuts Orchards PERMANENT CROPS01 High value (vegetables, berries, etc.)
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California produces 80 % of global almonds on 1.4 million acres worth ~USD 10 billion/year. Almonds require ≈ 4,000 m³ water per hectare annually, driving > USD 1 billion in irrigation costs. California Almond Pilot – Scaling LNC in High-Value Permanent Crops 13 With most orchards already on micro -irrigation, future efficiency gains depend on better soil structure and moisture retention. The pilot launched this week aims to quantify LNC’s potential for water savings and yield stability in commercial orchards.
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Oasis Date - World’s largest organic medjool date grower with ~300,000 trees 14 Projects to date • Locations: Somerton, AZ (research project); Corn Springs, CA >9000 trees treated. • Goals: Improve nutrient retention & enhance yield in Arizona; Water conservation in California. Operational Improvements • Transplanting: Up to 9000 trees being transplanted to new location. • Water conservation: goal to save 10% of total water use this year; first year having such a goal. • Government funded project/s: AZ state funded grant pending for soil health farming practices. Once the grant awards are announced in late February, we expect them plan their 2026 LNC applications to some portion of trees to help with water conservation. No current $ estimate.
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Production Platform Strengthening Increasing operational readiness and deployment capacity Production System Progress Core module in production at manufacturing partner Fully integrated production unit in field in May Additional units expected in the fall Deployment Readiness Equipment and staffing upgrades completed System integration advancing (automation and cloud monitoring) Operations base in California in third quarter
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Middle East Update Regional Strategic Partnerships Commercial & Pilot Activities Historical agreements and pilot demonstrations across the UAE and Saudi Arabia support long - term market validation of Liquid Natural Clay technology in arid environments Licensed operator model strengthens local execution capacity and aligns regional partners with Desert Control's innovation platform. Early recurring revenue streams emerging through licensing royalties from Middle East operations a developing monetization signal Alignment with Regional Priorities Partnerships and deployments contribute to broader sustainability agendas in the Middle East, including efforts linked to nat ional climate, food security, and green urban initiatives Desert Control's Middle East engagement has transitioned from operational pilots to structured regional partnerships with lic ense- based revenue frameworks, reinforcing long -term commercial Licensed operators in UAE and Saudi Arabia are Soyl and Saudi Desert Control, respectively.
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OUTLOOK
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Key milestones for 2025/2026 • Better execution in all areas, particularly in California • Construction and delivery of new production units • 8 golf course pilots • 10 agriculture pilots California • 3 full golf course applications • Initiation of large -scale contract in the Middle East • Continuation of research confirming additional use cases and yield increase within agriculture segment SIGNIFICANT COMMERCIAL MILESTONES EXPECTED OVER THE NEXT 12 MONTHS Contracted revenue 2026e Revenue defined as revenue recognized for the fiscal year + further revenue expected to be generated through PAYS contracts over the remaining contracting period ~17% ~17% ~67% Hardware sales Licensing revenueDirect sales US / project deliveries 2-3m USD
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FINANCIAL PERFOMANCE
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FINANCIAL REVIEW for FY2025 20 NOK thousands, unaudited • Operating Highlights • Revenues 2,745 • EBITDA (66,466) • Balance Sheet Highlights • Cash 62,500 • Debt 0
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QUESTIONS AND ANSWER
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Cautionary Note This report contains forward-looking statements related to Desert Control’s business, financial condition, operational results, and industry developments. These statements are based on management’s current expectations, estimates, and projections about future events and trends, including but not limited to market adoption, regulatory developments, financial performance, and strategic growth initiatives. Forward-looking statements are inherently subject to risks, uncertainties, and assumptions that could cause actual results to differ materially from those expressed or implied. These include, among others, risks related to market conditions, competition, regulatory changes, technology validation, supply chain constraints, macroeconomic factors, foreign exchange fluctuations, and the ability to secure and scale commercial contracts. T erminology such as “expects, ” “intends, ” “plans, ” “believes, ” “anticipates, ” “projects,” “targets, ” or similar expressions indicate forward-looking statements. While Desert Control considers these assumptions reasonable, there is no assurance that they will be realized. Investors are cautioned not to place undue reliance on forward-looking statements, as actual outcomes may differ due to external factors beyond the Company’s control. Except as required by law, Desert Control assumes no obligation to publicly update or revise forward-looking statements in light of new information or future events. This statement is made in accordance with applicable securities laws, including Section 5-12 of the Norwegian Securities T rading Act.
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Thank you!