Senior Executive Vice President CFO, Aflac Incorporated Fourth Quarter 2025 Update Max K. Brodén Forward-Looking Information and Non-U.S. GAAP Financial Measures The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" to encourage companies to provide prospective information, so long as those informational statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materiall ...

Core Insights - WELL Health Technologies Corp. is focused on leveraging technology to improve health outcomes for healthcare practitioners and patients globally [1] - The company has outlined its strategic priorities for 2026 in a letter to shareholders from its CEO Hamed Shahbazi [1] Company Overview - WELL Health Technologies aims to tech-enable healthcare providers by developing advanced technologies, services, and support [2] - The company operates a comprehensive healthcare and digital platform that includes front and back-office management software applications [2] - WELL supports over 43,000 healthcare providers across the US and Canada and operates the largest owned healthcare ecosystem in Canada with more than 240 clinics [2] - In the US, WELL's solutions target specialized markets such as gastrointestinal, women's health, primary care, and mental health [2]

Core Viewpoint - Aftermath Silver Ltd. has been recognized in the 2026 OTCQX Best 50, highlighting its strong performance on the OTCQX Best Market in 2025 [1][2]. Company Performance - The OTCQX Best 50 ranking is based on an equal weighting of one-year total return and average daily dollar volume growth from the previous calendar year [2]. - Aftermath Silver trades over 800,000 shares daily and has attracted a significant number of US-based shareholders, indicating robust market engagement [3]. Company Focus - The primary focus of Aftermath Silver is the development of its flagship Berenguela silver-copper-manganese project, which is fully owned by the company and located in the Department of Puno, Peru [5]. - A current NI 43-101 mineral resource estimate for the Berenguela project was published on December 4, 2025, with a technical report to be filed shortly [5][8]. Corporate Governance - To qualify for the OTCQX market, companies like Aftermath must meet high financial standards, adhere to best practice corporate governance, and comply with applicable securities laws [4]. Company Overview - Aftermath Silver Ltd. is a Canadian junior exploration company focused on silver and critical metals, aiming to deliver shareholder value through the discovery, acquisition, and development of quality projects in stable jurisdictions [7]. - The company has a pipeline of projects at various stages of advancement, selected based on their growth and development potential [7].

Group 1 - Renegade Gold Inc. has agreed to settle $252,500 worth of debt by issuing 647,436 common shares at a deemed price of $0.39 per share, subject to TSX Venture Exchange acceptance [1] - The shares issued under the debt settlement will be subject to a hold period of four months and one day from the date of issue [1] - The company has entered into a Service Agreement with Resource Stock Digest (RSD) for a twelve-month term, involving a one-time initiation fee of $8,500 and a monthly fee of $2,450 [2] Group 2 - RSD will assist the company in creating a company-specific webpage, conducting management interviews, and distributing news to RSD's subscriber email list [2] - RSD operates at arm's length from the company and has no current interest in the company's securities [3] - The Service Agreement is subject to approval by the TSX Venture Exchange, and RSD will comply with applicable securities laws [4] Group 3 - Renegade Gold Inc. focuses on the acquisition, exploration, and development of mineral properties in the Red Lake Mining District of Northern Ontario [5] - The company has assembled a significant land package of 1,320 km² in the Red Lake mining district, which has potential for gold and critical minerals [5] - The mineralization potential at the company's properties is not necessarily indicative of mineralization elsewhere in the Red Lake mining district [5]

Core Viewpoint - Ascot Resources Ltd. successfully closed its rights offering, raising gross proceeds of C$14,871,517 by issuing 1,487,151,720 common shares at a subscription price of C$0.01 per share [1][4]. Group 1: Rights Offering Details - The rights offering was oversubscribed, with shareholders requesting a total of approximately 2,116,855,740 common shares, exceeding the maximum subscription amount by approximately C$6,297,040 [4]. - Of the total common shares issued, 989,914,059 were allocated through the basic subscription privilege, while 497,237,661 were issued via the additional subscription privilege [2]. - Approximately 48.53% of the total common shares were issued to insiders prior to the closing of the rights offering, with no new insiders created as a result [2]. Group 2: Post-Offering Status - Following the rights offering, the total number of common shares outstanding is now 2,974,731,882 [3]. - The effective date for the previously announced share consolidation is set for December 16, 2025 [5]. - The net proceeds from the rights offering will be utilized to settle outstanding amounts owed to the company's creditors [5]. Group 3: Company Overview - Ascot Resources Ltd. is a Canadian mining company based in Vancouver, British Columbia, and is the 100% owner of the Premier Gold mine located on Nisga'a Nation Treaty Lands in the Golden Triangle of northwestern British Columbia [9].

Core Points - Search Minerals Inc. has entered into a Shares-for-Debt Transaction with LeadFX Inc. to settle $404,053.73 of outstanding debt by issuing 808,107 common shares at a deemed price of $0.50 per share [1][2] - The transaction aims to preserve cash and strengthen the company's balance sheet, with shares subject to a four-month hold period [2] - LeadFX Inc. is a related party, making this a related party transaction under Multilateral Instrument 61-101 [3] - The company is relying on exemptions from formal valuation and minority shareholder approval requirements as the fair market value of the shares does not exceed 25% of the company's market capitalization [4] - Completion of the transaction is subject to approval from the TSX Venture Exchange [5] Company Overview - Search Minerals focuses on exploring and developing Critical Rare Earth Elements (CREE) and transition metals such as Zirconium and Hafnium in the Port Hope Simpson - St. Lewis CREE District of South-East Labrador [5] - The company controls two deposits (Foxtrot and Deep Fox), two drill-ready prospects (Fox Meadow and Silver Fox), and several other CREE prospects along a 64-kilometer belt [5] - Additionally, Search Minerals holds CREE assets in the Red Wine CREE District, including the drill-ready Two Tom Lake CREE-Be-Nb deposit and other prospects [6]

Core Insights - Avalon Advanced Materials Inc. has appointed Vienna Psihos as Manager of Public Affairs & Government Relations to enhance its strategic initiatives in critical minerals projects across Canada [1][2][5]. Group 1: Appointment and Experience - Vienna Psihos has significant experience in government decision-making, regulatory processes, and strategic communications, which will support Avalon's projects [2][5]. - Prior to joining Avalon, Ms. Psihos held a senior policy role in the Government of Ontario's Treasury Board Secretariat, contributing to major funding and policy decisions [3][5]. - Her background includes advising companies in Ontario's mining and infrastructure sectors on government relations and strategic communications, including work with industry leaders like Glencore Canada [4][5]. Group 2: Strategic Importance - The appointment aligns with Avalon's strategic priorities as governments focus on building resilient supply chains, particularly in critical minerals [5]. - Avalon is advancing key projects such as the Nechalacho Rare Earth Elements and Zirconium Project, which includes various critical minerals essential for advanced technologies [6]. - The company is also developing Lake Superior Lithium Inc., Ontario's first midstream lithium hydroxide processing facility, to support the growing EV battery manufacturing base [6].

Financial Performance Highlights - The company reported strong organic revenue growth of 5% in Q3 2025, driven by accelerating AMS/DRS growth[6] - AMS/DRS organic growth was 19% in Q3 2025, contributing to 28% of the total revenue mix[6] - Adjusted EBITDA margin reached a record 19% in Q3 2025, an increase of 180 basis points[6] - Free cash flow grew by 30% in Q3 2025, reaching $175 million[6] - The company utilized $154 million YTD to repurchase 17 million shares at $8905 per share[8] Growth Strategy and Outlook - The company is increasing its revenue mix expectation for AMS/DRS to 27-28%[13] - North America Adjusted EBITDA margins have expanded 370bps since 2022 and +190bps YTD[20] - The company's Q3 2025 revenue increased by 6% to $1335 million, with organic growth contributing 5%[23, 26] - Adjusted EBITDA increased by 17% to $253 million, with a margin of 19%[23] - The company projects full-year organic revenue growth of approximately 5% and Adjusted EBITDA margin expansion of 30-50 basis points[36]

Core Viewpoint - Wallbridge Mining Company Limited has successfully closed a public offering, raising gross proceeds of C$15.14 million through the issuance of Charity Flow-Through Units and Hard Dollar Units, with the funds aimed at advancing its mining projects and general corporate purposes [2][6]. Offering Details - The Offering included 65,000,000 Charity Flow-Through Units priced at C$0.15 each, 49,000,000 Hard Dollar Units priced at C$0.11 each, and 980,363 Warrants priced at $0.00001 each, with the latter issued under an over-allotment option [2][3]. - The total gross proceeds from the Offering amounted to C$15.14 million, facilitated by BMO Capital Markets as the sole bookrunner [2][4]. Agnico Eagle Mines Participation - Agnico Eagle Mines Limited has agreed to subscribe for 6,275,897 Hard Dollar Units at a price of $0.11 each, contributing an additional gross amount of $690,349 through a private placement [5]. Use of Proceeds - The net proceeds from the Offering and the Agnico Private Placement will be allocated towards the advancement of the Fenelon and Martiniere projects, as well as for general corporate purposes, resulting in a cash balance of approximately $31 million as of October 31, 2025 [6]. Company Overview - Wallbridge Mining focuses on the exploration and sustainable development of gold projects in Quebec's Abitibi region, holding a mineral property position of 598 km² along the Detour-Fenelon gold trend, which includes the Fenelon Gold Project and the Martiniere Gold Project [8].

Core Viewpoint - Perpetua Resources Corp. has announced a public offering of 2,938,000 common shares at a price of US$24.25 per share, aiming to raise approximately $71.2 million, with potential additional proceeds from a concurrent private placement with Agnico Eagle Mines Limited [1][2]. Group 1: Offering Details - The gross proceeds from the public offering are expected to be approximately $71.2 million, and if Agnico exercises its participation right fully, total proceeds could reach approximately $78.2 million [2]. - The offering is set to close on or about October 30, 2025, subject to customary conditions [5]. - The common shares will be offered in the United States under an effective shelf registration statement, with BMO Capital Markets, National Bank of Canada Capital Markets, and RBC Capital Markets acting as joint book-running managers [4][6]. Group 2: Use of Proceeds - The net proceeds from the offering and the concurrent private placement will be utilized for the construction and development of the Stibnite Gold Project, working capital costs, ongoing exploration and development activities, restoration and reclamation work, and general corporate purposes [3]. Group 3: Project Overview - The Stibnite Gold Project is recognized as one of the highest-grade open-pit gold deposits in the United States, focusing on responsible mining practices to restore an abandoned mine site while producing gold and antimony, which is critical for U.S. defense needs [9].