Core Points - The Saskatchewan Government & General Employees' Union (SGEU) Local 2214 has ratified a new collective agreement with Information Services Corporation (ISC) for its in-scope employees [1] - The new five-year agreement includes annual wage increases of 3% retroactive to 2025, 3% in 2026, 3% in 2027, 2% in 2028, and 2% in 2029, enhancing employee support amid rising living costs [2] - The agreement is expected to enhance the stability of ISC's registry operations and reflects a strong partnership with SGEU [2] Company Overview - ISC is a leading provider of registry and information management services for public data and records, focused on sustaining its core business while pursuing new growth opportunities [3] - ISC's Class A Shares are traded on the Toronto Stock Exchange under the symbol ISC [3] Union Overview - SGEU has represented 20,000 members across five sectors in Saskatchewan since its establishment in 1913 [4]

Core Viewpoint - Information Services Corporation (ISC) has announced its annual guidance and outlook for 2026, projecting revenue growth and adjusted EBITDA increases as part of its growth plan to double the company's size by 2028 [1][3]. Financial Guidance - For 2026, ISC expects revenue to be in the range of CAD 273.0 million to CAD 283.0 million, compared to CAD 257.0 million to CAD 267.0 million in 2025 [2]. - Adjusted EBITDA for 2026 is projected to be between CAD 100.0 million and CAD 107.0 million, up from CAD 89.0 million to CAD 97.0 million in 2025 [2]. Growth Outlook - The company anticipates continued organic growth in line with historical trends, driven by a strong Saskatchewan economy and a buoyant residential real estate market, particularly in the Registry Operations segment [5][6]. - Revenue growth in the Services segment is expected from organic growth in Regulatory and Recovery Solutions divisions, with new customer onboarding contributing significantly [6]. - Technology Solutions is projected to see revenue growth from third-party contracts and enhancements to Saskatchewan Registries [7]. Performance Expectations - Preliminary unaudited results for 2025 indicate that adjusted EBITDA is expected to exceed the top end of the 2025 guidance range by approximately 5%, largely due to increased high-value registrations in December 2025 [4]. - ISC expects robust free cash flow in 2026, which will support balance-sheet deleveraging and help achieve a long-term net leverage target of 2.0x to 2.5x by mid-2026 [8]. Strategic Review Update - The Board of Directors is conducting a Strategic Review to explore opportunities for maximizing shareholder value, which may include asset divestments, acquisitions, or a potential sale of the company [9][11]. - The Special Committee is advancing its work with urgency to explore all potential outcomes before making a recommendation to the Board [11].

Core Insights - Information Services Corporation (ISC) has been recognized as one of Saskatchewan's Top Employers for 2026, marking the 18th consecutive year of this honor, which underscores the company's commitment to a people-first culture [1][5] Company Overview - ISC is a leading provider of registry and information management services for public data and records, focusing on delivering value through its Registry Operations, Services, and Technology Solutions segments [4] - The Class A Shares of ISC are traded on the Toronto Stock Exchange under the symbol ISC [4] Employee Initiatives - ISC promotes a supportive workplace through various employer awards and certifications, including Great Place To Work Certification and Respect in the Workplace Certification [3] - Key initiatives include: - Comprehensive Employee Assistance Program available 24/7 for employees and their families, offering confidential support from various professionals [6] - Flexible work arrangements and paid personal days to help employees balance their professional and personal lives [6] - Robust professional development opportunities, including training and mentoring to support career advancement [6] - Strong commitment to Inclusion, Diversity, Equity, and Accessibility (IDEA), fostering a respectful and inclusive workplace [6] - Community investment strategy, ISC Impact, which provides volunteer time off, matching donations, and fundraising events to create a lasting impact in local communities [6]

Core Points - The Company has extended its secured syndicated credit facility to July 2029, providing additional financial flexibility [2][6] - The total amount available under the Credit Facility remains at $250 million, with an increased accordion option of $150 million, allowing for a potential total of $400 million [2][6] - As of June 30, 2025, $155 million was drawn under the Credit Facility, and the Company aims to achieve a target leverage ratio of 2.0x – 2.5x [3] Financial Structure - The Credit Facility has been simplified by consolidating two existing tranches into a single facility of $250 million with improved pricing [2] - The Credit Facility is available for financing permitted acquisitions, capital expenditures, and general corporate purposes [3] Company Overview - The Company is a leading provider of registry and information management services for public data and records, focusing on sustaining its core business while pursuing new growth opportunities [4]