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1 World Leader in Sound Underwater Technology Coda Octopus Group, INC. Corporate Presentation February 4, 2026
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2 2026 Forward-Looking Statements This presentation contains forward-looking statements concerning Coda Octopus Group, Inc. within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Those forward-looking statements include, without limitation, statements regarding the Company’s expectations for the growth of the Company’s operations and revenue and/or the success of the adoption of its underwater technologies to achieve growth. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include, but are not limited to, customer demand for our products, market prices; the outcome of our ongoing research and developments efforts relating to our products including our patented real-time 3D solutions; our ability to develop the sales force required to achieve our development and other examples of forward looking statement set forth to our Annual Report on Form 10-K for the year ended October 31, 2025 filed with the Securities and Exchange Commission (SEC) on January 29, 2026 and Forms 10-Q for the First, Second and Third Quarter 2025 filed with the SEC on March 17, 2025, June 16, 2025 and September 15, 2025. Coda Octopus Group, Inc. does not undertake, and specifically disclaims any obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur unless required by law. 2
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CEO Vision Statement To focus on our top priority to grow the Company through the exploitation of our world leading disruptive underwater technologies (Echoscope PIPE®, Echoscope PIPE® NANO Gen Series, DAVD and Voice HUB 4) and through selective value accretive acquisition of complementary technologies. On October 29, 2024, we completed our first acquisition, Precision Acoustics Limited (“PAL”) an Acoustics Sensor and Materials Business. We continue to identify other opportunities under our M&A Strategy. We will also continue the advancements in customized rugged Defense solutions (Thermite®) with the goal of also growing the Engineering Business Segment. We seek to build on our success and increase shareholders’ and employees’ value through the execution of our strategy. 3
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4 Investors Overview
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Overview • Established business with strong pedigree in introducing disruptive underwater technologies to both the Commercial and Defense Marine Offshore Sectors, and Defense Engineering where we operate as sub-contractors to the DoD Prime Contractors. • Strong culture of IP ownership in Products Business. • Near-term growth catalysts – Echoscope PIPE® (our new generation of 4D/5D/6D Imaging Sonars); Echoscope PIPE NANO Gen Series® (our ultra compact sonars), DAVD Tethered Solution; DAVD Untethered Solution (“DUS”); and Digital Audio Communications Solution (Voice HUB-4) which moves the diving market from analogue to digital communications. • DAVD Untethered System (DUS) is the largest opportunity for the DAVD technology with the target market being special forces. DUS in extensive ongoing trials in this community. 5 Underwater Technology Solutions Business Market leader in underwater imaging sonar technology. We have the world’s only 4D, 5D and 6D sonar capability. This is the only sonar generating up to 40 million 3D data points with the ability to see in moving targets underwater in zero visibility conditions. Patented diving technology which brings real time information platform to the global diving market (DAVD). Diving possible in zero visibility conditions; increased efficiency through integrated real time solution and increased safety since diver has more control of the environment. Defense Engineering Business Trusted DoD Supplier. Long-established relationships with U.S. and U.K. Primes – Defense Contractors, such as Raytheon, Northrop Grumman and BAE. A number of proprietary parts date back 30 years for significant programs of record such as Phalanx CIWS, yielding long-tail recurring and growing revenues.
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New to the Group • Precision Acoustics Limited (“PAL”) was formed in 1990 and is recognized leader in the ultrasound and acoustics measurement field. PAL specializes in acoustic hydrophone design and innovative acoustic materials. They provide a range of products in this area with a primary focus on medical imaging and Non- Destructive Testing (NDT). • Over many years they have had a close working relationship with a number of national and global standard setting bodies, such as the UK National Physical Laboratory, and have contributed to the establishment of the primary measurement standards in the industry. • PAL products and services are heavily focussed on the medical markets. However, many of these products have subsea applications and therefore we believe PAL are underexploited, and we intend to bring to bear our skills and expertise in the subsea market to leverage these products and capabilities. Uniquely, they fit and are synergistic across both Business Segments within our Group. 6 Precision Acoustics Business Leading Designer and Innovator of acoustic hydrophones and materials. Leading contributor to the establishment of the primary measurement standards in the industry.
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Strong Culture of IP Security • Echoscope technology covered by several patents, some of these covering combined software and hardware capabilities of Coda Octopus Group’s unique real-time 3D technology • Compression Patent Granted and key for Echoscope PIPE® 5D and 6D capabilities. • Proprietary hardware and software are the complete system. Hardware Dependent on Software and vice-a-versa. • The Concept of using a transparent pair of glasses in the HUD underwater is protected by Patent Number US10877282 for which Coda Octopus has an exclusive License to exploit. 7 Software • Moving and Mosaicked Images • Moving 3D Models and Images • Tracked Objects, Domain Specific, Market Directed 3D Image. Hardware • Real-Time 3D/4D/5D/6D Sonar • Motion IMU • External Sensors • 15 GB Per Second Patented Algorithm Software • Patented Rendering • Patented Volume Rendering • Patented Tracking, •Multi-Sensor Platform •Simplification Integration Underwater solutions (Imaging and Diving)
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8 Global Market Revenue Split Growth Sector Defense (Moving Business from a single sale model to multiple repeat sale): • New Generation of Underwater Vehicles driving demand for smart sensors (Echoscope PIPE®) • New Generation of Diving Technology poised to change diving operations globally ( DAVD) • Upgrading from poor analogue communications system to digital communications (Voice HUB-4) • Ship Hull Scanning Solution (New Comprehensive solution delivered (Echoscope® Diver Sled) under a multi- year Navy-program) – addressing a “White Space” – no other advanced solution for this market segment. 100% DEFENSE ENGINEERING BUSINESS Defense 46% 54% MARINE TECHNOLOGY BUSINESS DefenseCommercial
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9 Annual Financial Snapshot (* Years to FY 2024 Excludes Precision Acoustics) Annual FY 2021* FY 2022* FY 2023* FY 2024* FY 2025 Revenues $21,331,527 $22,225,803 $19,352,088 $20,316,161 $25,563,126 Net Income $4,947,765 $4,301,221 $3,124,149 $3,645,996 $4,129,930 EBITDA $6,196,972 $5,879,609 $3,440,692 $4,443,048 $7,611,824 Earnings per share (Basic) $0.46 $0.40 $0.28 $0.33 $0.37
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10 2025 Financial Snapshot by Quarter Annual Q1 2025 Q2 2025 Q3 2025 Q4 2025 FY 2025 Revenues $5,209,715 $7,017,459 $7,064,795 $7,271,157 $25,563,126 Net Income $912,975 $908,762 $1,282,985 $1,025,208 $4,129,930 EBITDA $1,462,436 $1,746,871 $2,066,892 $2,335,625 $7,611,824 Earnings per share (Basic) $0.08 $0.08 $0.11 $0.09 $0.37
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11 Q4 2025 versus Q4 2024 Financial Snapshot (* 2024 does not include Precision Acoustics) Q4 2025 versus Q4 2024 Q4 2025 Q4 2024* Revenues $7,271,157 $5,055,248 Net Income $1,025,208 $326,212 EBITDA $2,335,625 $522,804 Earnings per share (Basic) $0.09 $0.03
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12 FY2025 versus FY2024* (* 2024 does not include Precision Acoustics) FY 2025 FY 2025 FY 2024* Revenues $25,563,126 $20,316,161 Net Income $4,129,930 $3,645,996 EBITDA $7,611,824 $4,443,048 Earnings per share (Basic) $0.37 $0.33
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13 Marine Technology Business
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14 Marine Technology Business (Underwater Technology Business) Product Design & Manufacturing 24/7 Support and 3D Field Experts Research Development And Innovation Software Application and Custom Development 24/7
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15 Snapshot of Customers Marine Products Business End User CustomersMilitary & Defense Including 40 US Ports & Enforcement Bodies Penta Ocean Service Providers DEME Group
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Echoscope PIPE® Family of Volumetric Sonars Echoscope PIPE® Echoscope PIPE® C500 Double or Triple Frequency Visualization & Mapping for Widest Range of Applications Compact edition Double or Triple Frequency Seeing & Measuring in Real-Time 3D in Zero Visibility Conditions Underwater New Generation Addresses - SWaP (Size, Weight Power and Price) Echoscope PIPE® 16
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Echoscope® Family of Volumetric Sonars Continuation of Echoscope® Series 16384 POINTS OF DATA Single Real-Time 3D image Echoscope 4G® NEW Echoscope PIPE® Hardware (Form Factor Revision) Processing Engine Third Generation Processing Engine New Innovative Processing Engine: Parallel Intelligent Processing Engine (“PIPE”) Multiple Real Time 3D Images UP to 40 Million POINTS OF DATA Multiple parallel images 17
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18 3D Product Line Competing Technology is No Comparison Real-Time 3D Imaging AND Real-Time Mapping – see the shadows disappear! Client deliverables complete in 54 seconds… Pelican Island Causeway, Galveston TX 3D Multibeam Produces static map after hours or days of processing NO Real-Time image 2D Scanning Sonar Produces static map after hours or days of processing NO Real-Time image 2D Imaging Sonar Produces 2D real-time image with no depths and NO Mapping 18
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` 19 Commercial Marine Applications Marine Technology Business Dive Inspection Support Echoscope PIPE® - A Single Sensor for Multiple-Undersea Applications (A Unique Capability - Consolidating Sensor Requirements ) Port Construction Channel Clearance Complex Survey Subsea Intervention Completions & Tieback Asset Inspection Recovery & Salvage Dredging & Rock Dumping ROV Navigation Zero Visibility Pipeline Survey & Leak ID Placement & Landing Renewables Breakwater Construction
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Our Real-Time 3D Technology Sample Echoscope® Project ROI Snapshots Van Oord Port Construction Project Placement of 24,000 CORE-LOC Armour Units Record Production Rates Cost Saving: Priceless Duration: 1-2 Years >100% Productivity rates ZADCO Sleeper Placement Was: 4 sleepers placed in 12 hours Now: 76 sleepers placed in 24 hour shifts Productivity: > 3,000% Cost Saving: > $3 million Duration: 3-6 months DEME Rock Dumping Zero Visibility and Accurate Placement Required Productivity: > 100% Cost Saving: > $1 million Duration: 6 days UTEC Oilfield Development Zero Visibility Conditions Productivity: > 100% Cost Saving: Priceless Duration: 3 months Technip/Shell Echoscope used in Zero Visibility Saved significant NPT Productivity: >100% Cost Saving: >$2 million Duration: 6 months 20 200 Blocks placed per day 76 Sleepers placed per day 0 Visibility Conditions $1M In cost savings
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3D Product Line – Marine Technology Business Delivering on Everyday Challenges Subsea Oilfield Disaster RecoveryComplex Asset Placement – Alaska Monopod Installation • Four Echoscope® sonars used to provide real-time visualization of landing site and control stabilization for crane operators • Software ‘models’ provided real-time indication of distance and alignment with landing interface • Conventional placement and positioning methods ineffective • Survey and mapping of complex 3D ‘Tendons’ enabling fast and effective removal • Conventional methods ineffective and displaced 21
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3D Product Line – Marine Technology Business Delivering on Everyday Challenges Subsea Marine Construction - BreakwatersMineral Mining – Diamonds – De Beers • Operator can “see” exactly where each cut has taken place • No overlapping of cuts • Significant productivity benefit • Echoscope® is the No. 1 preferred solution for subsea placement. Block Manufacturers recommend the Echoscope as the best solution for placement. • Crane operator can “see” and “track” and “place” the moving block underwater • Complete scene awareness for operators, engineers and owners • Construction deliverable sign off using our technology 22
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Defense Applications - Strategic Market Real-Time 3D Decision Making Real-Time HazardsComplex Structure Condition Survey and Salvage Target ID 23
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Strategic Development and Partnerships Real-Time 3D Imaging in Defense Applications Momentum has grown significantly within the U.S. Navy community for CODA’s industry-leading, real-time imaging technology solutions. The following groups are actively funding development, trials or purchases of Coda Octopus Echoscope® technology: • Salvage and Diver Support • Critical Asset Inspection • Real-Time Threat Detection • Swimmer Delivery Vehicles • Mine Counter Measures • Ship Hull Inspection 24
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About DAVD (Growth Pillar of Company) Marine Technology Business 25
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26 Summary of Growth Accelerators * • DAVD is a complete Diver Video, Media and Communication system • Diver uses transparent Augmented Reality (AR) display system • Connects the Diver and the Supervisor coherently (similar to a virtual Zoom or TEAMS Meeting) • DAVD, for the first time in diving, allows Diver and Supervisor to share the same information. DAVD Workstation DAVD HUD Topside Subsea Supervisor and Diver Shared Information What is DAVD?
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27 Summary of Growth Accelerators • The DAVD system is fully compatible with all standard diving helmets full-face masks • DAVD focus is all diver markets excluding the leisure scuba market • DAVD addresses all high importance key challenges and problems in diving Visibility – Diving is performed almost exclusively in low to zero visibility conditions presenting significant challenges for the Diver and Supervisor to safely navigate and perform tasks. Location Complexity – Project location increases complexity as the dive site is typically around structures, challenging terrain and subsea assets that are difficult to navigate and access. Technical Skill – The physical task often requires deep technical instruction, work process and procedures which is challenging for the diver to retain and communicate effectively to the Supervisor. Information and Data – The project or task demands on accessible data and information prior to, during and after the dive. Search & Rescue Commercial Military Defense Who uses DAVD? 1 2 1 1 5 7 7 8 10 10 9 10 10 9 8 10 ZERO VIZ COMPLEXITY TECHNICAL INFORMATION Importante Military and Defense Commercial SaR Scuba Target Market
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28 Summary of Growth Accelerators * Why DAVD revolutionizes diving? PROBLEM - Diving Challenges Diving is regularly conducted in low to zero visibility environments in which standard visual displays, cameras and gauges are ineffective. Even in somewhat visible environments, situational awareness, navigation and topside communication can be problematic and very limited. The tasks the diver is expected to perform are technical in nature and often in complex hostile locations. This requires prior detailed information and instruction. Divers, depending on the water depth, have limited time on the seafloor to perform this tasks – this could be as little as 20 minutes. SOLUTION – Diver Augmented Vision Display System The DAVD system radically transforms the dive mask or helmet into an immersive display capable of providing everything from life support data, to live high resolution 3D Sonar Data (Echoscope®), to advanced navigation displays to 3D Augmented reality displays. Life Support DataInformation 3D Augmented Navigation Project Scene Data 28
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29 Summary of Growth Accelerators Current (Commercial) Diving Systems In current surface supplied diving, the DIVER only shares analog voice comms with the TOPSIDE. The TOPSIDE must also manage several independent systems for Video, Communications and Positioning. TOPSIDE DIVER Dive Supervisor Surface Control with only Voice Comms to Diver Tethered Diver ONLY has Voice Comms with Topside Manual Depth Gauge Independent DiverPositioning Independent Video System Independent Analogue Comms
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30 Summary of Growth Accelerators New Generation DAVD Diving System: What have we changed? In addition to the revolutionary DAVD system features that are unique to this system, the DAVD system provides a fully integrated singular system for TOPSIDE Control and a fully connected Head Up Display system for DIVER. TOPSIDE DAVD DIVER DAVD Fully Integrated Integrated Control Fully Connected Head-Up Display Diver System Real-Time Depth (Pressure and Temperature) Real-Time Depth Compass and Head Tracking Real-Time Dive Timmers and Alerts Diver Positioning and Navigation Ultra-Low Light Enhanced Video System Enhanced Digital Voice Comms
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31 What is Management Trying to do? Underwater Imaging Sonars Grow our Market Share for Imaging Sonars. Focus on Defense Underwater Vehicles with the goal of yielding Multiple Recurring Sales in these Programs. Focus on Echoscope Solutions Into ongoing Offshore Renewables Programs, Infrastructure Management and renewals. Diving Digital Communications First Movers Advantage – transforming market from Analog to Digital Communications Underwater. Diversify our Revenue. Leverage the same customer base contacts for upselling DAVD. Diving DAVD Secure Market Adoption outside of the US Navy of the DAVD. Focus on both Defense and commercial Applications. Seek to add year and year revenues or > $5M per year. Seek to complete the Untethered Variant and fast track adoption (Biggest Market Opportunity for this product. GROW GROW GROW Echoscope 31
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$5.3M 5 Years Performance Metrics Look Back We have had an outstanding track record of performance (excluding PAL): Cumulative NET INCOME over last 5 YEARS CASH Generated from OPERATIONS over 5 YEARS AVERAGE EBITDA over last 5 YEARS New issue SHARE PER ANNUM over last 5 YEARS 32 $20M $4.8M All Company Premises/Facilities Pristine Unleveraged Balance Sheet No Debt CASH at the LAST QUARTER AVERAGE EPS over last 5 YEARS GROSS PROFIT MARGINS 5-YR AVERAGE 78.9% (Products Business) (Engineering) 46.5% 20M Less Than 1% $0.36 $23M Owned
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5 Years Performance Operational Look Back • Extended Patent Portfolio for Echoscope PIPE®, a Growth Pillar • Key Growth Pillars Investment and Development completed: 33 New Generation of ECHOSCOPE PIPE® Well Received in the Market and adoption ongoing Digital Audio Communications System Business Development & Sales Ramp-Up New Investment New Diver Augmented Vision Display System (“DAVD”) Tethered System operational in US NAVY Commercial Marketing Process under way Un-tethered System Adoption in process – Special Forces (Target Market) First Orders received for Untethered variant in FQ2025 Voice HUB 4
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34 Key Growth Markets Verticals into which we sell and their significance 25% 35% 5% 35% Underwater Imaging Sensors Offshore Renewables Underwater Vehicles Oil & Gas Construction 50% 10% 10% 30% Diving DAVD Diving Digital Communications Search & Rescue Military Commercial 20% 10% 50% 20% Diving Digital Communications Diving Chamber Medical Decompression Surface Supplied Saturation Diving
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35 Value Drivers • DAVD is a key technology and is set to change the way diving operations are performed globally ( real time information platform for diving). • Strong Patents and Intellectual Property Rights Portfolio. • Technically adept Group with strong brand as market leaders in real-time visualization subsea. • Diversified Group with two stand-alone engineering businesses, which have recurring streams of revenues through supplying proprietary parts into a number of funded Defense Programs and, and the products business selling into the subsea market. Recent acquisition of PAL – further diversifies the revenue stream and expands the collective capabilities of the Group – positioning it to compete for larger Defense Contracts. • First mover in innovating and commercializing real-time 3D sonar technology for the subsea market. • No other commercially available real-time 3D sonar in the market. • As market requirements shift to real-time imaging our 5D/6D Innovation decisively puts CODA in the lead for real-time underwater imaging with parallel real-time processing. • Multiple initiatives underway with U.S. Navy and defense bodies, and tracking significant development funding development for defense space. Echoscope®
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36 Value Drivers • DAVD is a key technology and is set to change the way diving operations are performed globally ( real time information platform for diving). • Strong Patents and Intellectual Property Rights Portfolio. • Technically adept Group with strong brand as market leaders in real-time visualization subsea. • Diversified Group, with Marine Technology Business, Acoustics Sensors and Materials Business along with two stand-alone engineering businesses, which have recurring streams of revenues through supplying proprietary parts into a number of funded U.S Defense Programs and U.K. • First mover in innovating and commercializing real-time 3D sonar technology for the subsea market. • No other commercially available real-time 3D sonar in the market. • As market requirements shift to real-time imaging our 5D/6D Innovation decisively puts CODA in the lead for real-time underwater imaging with parallel real-time processing. • Multiple initiatives underway with U.S. Navy and defense bodies, and tracking significant development funding development for defense space. DAVD
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37 Thermite® Octal Rugged Embedded Computing Solutions Mission Critical Integrated Systems Advanced Signal Processing Obsolescence Management of Legacy Defense Products Software Engineering Electronic Design Systems Engineering Manufacturing & Prototyping E n g i n e e r i n g B u s i n e s s
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38 Key Markets Coda Octopus Engineering – Engineering Business Trusted U.S. DoD Subcontractor – participating in several programs of record
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39 Growth Catalysts Coda Octopus Engineering – Engineering Business • Obsolescence management: Defense requirements for extended system/program life offer significant sustainment opportunity • Engineering services to re-design/upgrade • Production opportunity through program life • Ruggedized Embedded Computing • Logical companion to engineering services business • Leverage engineering expertise and production capability • Thermite® Products offer range of solutions to for broad range of missions • Rapidly customizable for specific mission requirements • Targeted to capture current and emerging computing requirements Thermite® Embedded Computing Solutions • Market: The ~$1B (estimated) embedded computing market shows strong growth, reflecting increasing demand for embedded computing capability on military platforms • Thermite® Vision: Focus on small, low power applications. Offer standard products and provide rapid, low-cost customization
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40 Thermite® Octal Thermite® GPU Thermite® DPP Thermite® Embedded Computing Solutions Applications Mission Computer/Platform Control Signal/Sensor Processing Artificial Intelligence at the Tactical Edge Augmented Reality High-volume Secure Data Storage Opportunities Shipboard Control Systems Ground/Airborne Data Capture & Analysis Next-Generation Unmanned Aerial Vehicles Robotic Ground Vehicles
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41 Product Design and Manufacturing Subsea and Harsh Environment Design Test, Instrumentation and Control Obsolescence Management of Legacy Defense Products Software Engineering Electronic Design Mechanical Engineering Complete Product Lifecycle Development E n g i n e e r i n g B u s i n e s s Martech a C o d a O c t o p u s C o m p a n y
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42 Customers Coda Octopus Martech – Engineering Business Located in Portland, Dorset, UK. Martech follows the same model as Coda Octopus Engineering. Martech
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43 Custom Sensor development Transducer Optimisation PVDF Array Technology Fibre-optic and Piezo-polymer hydrophones Piezo-polymer (PVDF), piezo-ceramic and 1-3 piezo composite transducers Acoustic Pressure and Intensity Characterization Acoustic Performance Modelling Acoustic Output Measurements Acoustic Power Measurements High Speed NDT system Hydrophone calibrations Field mapping Scanning Tanks Materials testing Field Characterization system Simulations and Modelling Materials Characterisation Ultrasound Sensor Development and Acoustic Services Materials Products Calibration A c o u s t i c s S e n s o r a n d M a t e r i a l s B u s i n e s s a C o d a O c t o p u s C o m p a n y Absorbers Transducer backings Encapsulants Syntactic foams
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44 Acoustic pressure and Intensity Characterization A global leader in ultrasonic and underwater acoustic technology Ultrasound Development and Acoustic services Coda Octopus Precision Acoustics – Ultrasonic and Underwater Acoustic Technology Business Acoustic performance modelling Acoustic output measurements
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45 Worlwide Sales Precision Acoustics – Ultrasonic and Underwater Acoustic Technology Business Medical Marine Aeronautical Academia Markets Do we Serve Sales by regions Asia UK South America North America Rest of Europe Middle East Israel India
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46 Transducer Design and Manufacture PVDF Arrays HIFU Transducers Needle Hydrophones Fibre-optic hydrophones Piezo-ceramic Transducers Piezo Polymer Transducers
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47 High Speed NDT system Radiation Force Balances Field mapping Materials Testing Materials Calibration Absorbers Transducer backings Encapsulants Syntactic foams Scanning Tanks Field Characterization system Simulations and Modelling Materials Characterisation
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© Australian Bureau of Statistics, GeoNames, Grab grab.com, Microsoft, Navinfo, Open Places, OpenStreetMap, TomTom, Zenrin Con tecnología de Bing 48 Group Headquarters and Marine Technology Business Operations Coda Octopus Group, INC. ◼ Orlando, FL
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© Australian Bureau of Statistics, GeoNames, Grab grab.com, Microsoft, Navinfo, Open Places, OpenStreetMap, TomTom, Zenrin Con tecnología de Bing 49 ◼ Orlando, FL Marine Technology Business Operations ◼ Edinburgh, UK Coda Octopus Group, INC. ◼ Copenhagen, Denmark ◼ Brisbane, Australia
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© Australian Bureau of Statistics, GeoNames, Grab grab.com, Microsoft, Navinfo, Open Places, OpenStreetMap, TomTom, Zenrin Con tecnología de Bing 50 ◼ Salt Lake City, Utah Coda Octopus Engineering Defense Products & Engineering Business Operations ◼ Portland, UK MARTECH Coda Octopus Group, INC.
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51 Ultrasonic and Underwater Acoustic Technology Business Operations Coda Octopus Group, INC. © Australian Bureau of Statistics, GeoNames, Grab grab.com, Microsoft, Navinfo, Open Places, OpenStreetMap, TomTom, Zenrin Con tecnología de Bing ◼ Dorset, UK PRECISION ACOUSTICS
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52 2026 Coda Octopus Group Management Annmarie Gayle, LL.B, LLM (Qualified to practise law in England & Wales – Practise Area Corporate Law) – Chair and Chief Executive Officer – Denmark Ms. Gayle, a lawyer by training, has been our CEO and a member of the Board of Directors since 2011. She has also been the CEO of our flagship Products Business since 2012. Prior thereto, she spent two years assisting with the restructuring of our company. She previously served with the Company as Senior Vice President of Legal Affairs between 2006 and 2007. Earlier in her career, she worked for a major London law practice, the United Nations, and the European Union. Ms. Gayle has a strong background in restructuring and has spent more than 12 years in a number of countries where she has been the lead adviser to a number of transitional administrations on privatizing banks and reforming state-owned assets in the CEE countries including banking, infrastructure and telecommunications assets. Ms. Gayle has also managed a number of large European Union funded projects. Ms. Gayle holds a Law degree gained at the University of London and a Masters of Law degree from Cambridge University. She is qualified to practise as a solicitor in England & Wales. 52
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53 2026 Coda Octopus Group Management Gayle Jardine– Interim Chief Financial Officer – UK – Edinburgh. Gayle Jardine joined the Company as European Director of Finance in September 1, 2015. She was appointed as the Interim CFO on February 14, 2024. From 2009 to 2015, Ms. Jardine was the Controlling Director of Pentland Accounting Ltd providing management accounting services to a variety of businesses related to software provision and commercial property offerings . Between 2004 and 2009 she held senior finance management roles in Wireless Fibre Systems, Scottish Water Solutions and Honeywell. The majority of her earlier career from 1992-2002 was spent at Hewlett Packard (HP) / Agilent Technologies where she started as a Graduate Financial Analyst and worked her way through various roles to be Financial Operations Manager of a worldwide product line managing teams in UK, Germany and USA. From 1995-1996 she had a foreign services assignment to Santa Rosa, California with HP as a Financial Business Consultant in their Test & Measurement Business. Ms. Jardine qualified as a Chartered Management Accountant (CIMA) in 1996 and has a BA (Hons) in Business Studies from Robert Gordon University in Aberdeen. 53
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54 2026 Coda Octopus Group Management Blair Cunningham – President of Technology –US – Orlando, Florida Mr. Cunningham has been with the company since July 2004 and has held several roles including his current position of President of Technology and Divisional CEO of Coda Octopus Products, Inc. CTO of Coda Octopus Group, Inc. since 2005 and Senior Vice President of Products Division between July 2004 and July 2005. Earlier in his career he worked for several companies as a systems analyst and developer. Mr. Cunningham has a strong background in technology development, design and large-scale software development with a key focus on process efficiency and end-user experience. He received an HND in Computer Science in 1989 from Moray College of Further Education, Elgin, Scotland. Because of Mr. Cunningham’s expertise in technology and delivery of large scale software projects, the company believes that he is highly qualified to serve in his current roles. 54
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55 2026 Coda Octopus Group Board of Directors Annmarie Gayle, LL.B, LLM – Chief Executive Officer and Chairman – Copenhagen, Denmark Ms. Gayle was appointed Chairman of the Board in March 2017, and previously served as Director since 2011. She has been our CEO since 2011 and also serves as Managing Director of our flagship Products Business, Coda Octopus Products, Ltd. 55
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56 2026 Coda Octopus Group Board of Directors Blair Cunningham – President of Technology –US – Orlando, Florida Mr. Cunningham was appointed to the Board of Directors at the Company’s Annual Meeting of Stockholders held on September 10, 2025. He has been with the Company since July 2004 and serves as our Divisional CEO and President of Technology. 56
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57 2026 Coda Octopus Group Board of Directors Michael Hamilton, Director – U.S. Mr. Hamilton served as Coda’s Chairman of the Board, June 2010-March 2017. He continues to serve as a Director. Since 2014, Mr. Hamilton has provided accounting and valuation services for a varied list of clients. His career includes serving as Senior Vice President of Powerlink Transmission Company, 2011-2014, and audit partner at PriceWaterhouseCoopers, 1988-2003. He holds a B.S. in Accounting from St. Frances College and is a Certified Public Accountant and is accredited in business valuation. Mr. Hamilton serves as the Chair of both the Board’s Audit Committee and Compensation Committee, and he also is a member of our Nominating Committee. Because of his strong financial background and the pedigree of his experience, we believe he is highly qualified to serve as a member of our board of directors. 57
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58 2026 Coda Octopus Group Board of Directors Mr. Robert Harcourt - Director – U.S. Mr. Robert Harcourt has been a member of the Board since June 26, 2023. Mr. Harcourt is a retired Audit and Advisory Partner of KPMG with a professional career spanning over 40 years where he executed a variety of roles at the partnership level during the time with KPMG. Including Assurance Partner from 1978 – 1999 and Advisory Partner from 1999- 2007. He also worked as Associate Director, Division of Registration and Inspection of the Public Company Accounting Oversight Board (PCAOB) from 2011-2016. He most recently worked for the Analysis Group and Cornerstone Research from 2018-2021. He is a Certified Public Accountant and holds a BBA in Accountancy from Pace University and has completed course work at Harvard University and Stanford University. Because of his strong financial background and the pedigree of his experience, we believe he is highly qualified to serve as a member of our board of directors 58
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59 2026 Coda Octopus Group Board of Directors Gwenael Rouy-Poirier - Switzerland. Mr. Rouy-Poirier was nominated to the Board on April 10, 2024. Since January 2024 Mr. Rouy-Poirier has been an independent consultant for companies in the Aerospace and Defense Sectors. From May to December 2023, he was interim Chief Financial Officer for SHL (Scandinavian Health Ltd) Medical, a private company backed by a private equity operating as a leading solutions provider in the design, development and manufacturing of advanced medical delivery devices such as autoinjectors and pen injectors. From April 2021 to December 2022, he was Chief Financial Officer of GKN Aerospace, one of the world’s leading multi-technology Tier 1 aerospace suppliers, serving 90% of the world’s aircraft and engine manufacturers. From 2019 to 2021 he was Chief Financial Officer of Nobel Biocare Systems, a premium dental implant leader whose portfolio also included restorative solutions, dentist hardware equipment and digital treatment technologies. Prior thereto, he worked for Honeywell mostly in the Aerospace division as well as in the homes and Building Technologies and Specialty Materials, L’Oreal and Arthur Andersen among others. He earned a Bachelor in Mathematics from Lycée Victor Duruy and a Master of Management in Corporate Finance from EDHEC Business School in France. Because of his strong financial background and ties to the Defense and manufacturing industries, the Company believes that he is highly qualified to serve on the Board. 59
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60 World Leader in Sound Underwater Technology Coda Octopus Group, INC. Corporate Presentation February 4, 2026 NASDAQ:CODA www.codaoctopusgroup.com Investor Relations: coda.ir@codaoctopusgroup.com