Descartes – Uniting Business in Commerce March 2026 Proprietary and Copyright of The Descartes Systems Group Inc. All rights reserved. Safe Harbor Statement Certain statements to be made today and in this presentation, and that may be made in response to questions, constitute forward-looking information for the purposes of applicable securities laws ("forward-looking statements"), including, but not limited to: statements using the words "believe," "plan," "expect," "anticipate," "intend," "continue," "may, ...

Core Insights - Descartes Systems Group Inc. is a leading provider of logistics software-as-a-service (SaaS), focusing on modular solutions for routing, customs compliance, and connectivity in logistics-intensive businesses [2][42] - The company serves a diverse client base, including freight forwarders, customs brokers, and third-party logistics firms, emphasizing operational efficiency and regulatory compliance [4][9] Business Model and Offerings - Descartes operates on a subscription-based model, providing end-to-end logistics and trade solutions that are modular and interoperable, allowing clients to address specific operational challenges [4][5][9] - The product suite includes routing and telematics, transportation management, customs and regulatory compliance, and global trade intelligence, catering to various operational needs [22][28] Competitive Positioning - Descartes differentiates itself from competitors like SAP and Oracle by focusing on network connectivity and regulatory compliance, which enhances its value proposition in the logistics technology space [7][24] - The company's ecosystem approach promotes data exchange and standardization across trading partners, which is critical for maintaining competitiveness in the logistics sector [5][26] Financial Overview - As of 2025, Descartes has an estimated market capitalization of approximately CAD 6.5 billion and annualized revenue of around CAD 750 million, primarily driven by subscriptions and transaction-based income [12][19] - The company has historically prioritized reinvestment in product development and acquisitions over dividends, resulting in a typical dividend yield of zero [15][20] Historical Development - Founded in 1981, Descartes has evolved through a combination of product development and strategic acquisitions, expanding its capabilities in trade compliance and logistics technology [27][30] - The leadership team, led by CEO Edward J. Ryan, emphasizes organic growth and integration of complementary technologies to enhance the company's market position [32][34] Market Position and Index Membership - Descartes is listed on the Toronto Stock Exchange under the ticker DSG and is included in the S&P/TSX Composite index, reflecting its size and liquidity in the Canadian market [35][39] - The company is positioned as a mid-to-large-cap software provider with significant exposure to global logistics and trade activities [40]