Stifel 2025 Healthcare Conference November 12, 2025 Jay Duker, MD President and CEO © 2025 EyePoint. All Rights Reserved. Legal Disclaimers Various statements made in this presentation are forward-looking, within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, and are inherently subject to risks, uncertainties and potentially inaccurate assumptions. All statements that address activities, events or developments that we intend, expect, plan or believe may occur in the future, are fo ...

Financial Performance - Adecoagro's gross revenues for 3Q25 were $323 million, a decrease of 29% compared to the same period last year[14] - Gross revenues for 9M25 reached $1,039 million, a decrease of 6% compared to the same period last year[14] - Adjusted EBITDA for 3Q25 was $115 million, a 4% increase compared to the same period last year[14] - Adjusted EBITDA for 9M25 was $206 million, a decrease of 39% compared to the same period last year, this includes one-off expenses of $9.2 million from Tether's tender offer[14, 15] Business Segment Highlights - **Sugar, Ethanol & Energy:** Quarterly crushing record was achieved, with a shift towards ethanol production due to greater cane availability[12] - Sugar production decreased by 16% in 3Q25 to 255,563 tons and 21% in 9M25 to 518,381 tons[27] - Ethanol production increased by 42% in 3Q25 to 216,113 m3 and 3% in 9M25 to 445,553 m3[28] - **Farming:** The company is reducing planted area and improving crop mix to enhance future margins[11] - **Rice:** Global prices for long-grain white rice are declining, leading to a reduction in planted area and an increased focus on premium varieties[11] - **Dairy:** Cow productivity and industrial volume reached record levels, with a focus on fluid milk production for the domestic market[11] Capital Allocation and Debt - Net debt evolution as of 3Q25 is $872 million[64] - The company made a $96 million initial down payment for the acquisition of Nutrien's 50% stake in Profertil[62] - $45.2 million was distributed to shareholders, including $35 million in cash dividends ($0.35 per share) and $10.2 million in share repurchases (1.1 million shares at an average price of $9.65 per share)[69]

Financial Performance & Outlook - Q3 2025 net sales increased by 22.4% to $126.715 million compared to Q3 2024[31] - Adjusted EBITDA for Q3 2025 grew by 28.9% to $49.106 million, with an Adjusted EBITDA Margin of 38.7%[31] - The revised full year 2025 outlook projects net sales between $487 million and $495 million, with an Adjusted EBITDA Margin of approximately 38.0%[46] - The full year 2026 outlook anticipates net sales between $540 million and $550 million, with an Adjusted EBITDA Margin of around 39%[48] - The company anticipates a Free Cash Flow Conversion rate of 125%+ for both YTD 2025 and the full year 2026 outlook[53] Market & Growth Drivers - The company expects 1%-3% annual revenue growth through share gains, innovation, and new product introductions[19] - Commercial OEM is expected to have low-double digit growth in 2026[50] - Commercial Aftermarket is expected to have low-double digit growth in 2026[50] - Defense is expected to have mid-single digit growth in 2026[50]

Company Overview - Advanced Flower Capital (AFCG) is a Nasdaq-listed commercial mortgage REIT providing institutional loans to state law-compliant cannabis operators in the United States[12] - The company aims for attractive risk-adjusted returns with a target average portfolio gross yield of 12%-20%[12][13] - Shareholders approved the plan to convert from a REIT to a BDC, with over 61% of outstanding shares voted and approximately 94% of those votes cast in favor[12] Market Opportunity - The U S legal cannabis market is expected to reach $63 billion by 2030, with a total economic impact surpassing $200 billion[25] - Cannabis market is projected to grow at a CAGR of approximately 12% from 2025 to 2030, outpacing growth projections for wine, spirits, tobacco, and beer[28][31] - 42 states and DC have legalized medical cannabis, with 24 states and DC legalizing adult-use cannabis[32] Portfolio and Deal Flow - AFC's loan portfolio includes 14 loans to borrowers across 16 states[19] - The company has a deal selectivity of 34% since inception[42] - Total closed deals since inception amount to $930 million[42] - The company has sourced $261 billion in total deals since inception[42] - Current commitments stand at $340 million, with a principal balance of $328 million[42] Financial Performance - For the three months ended September 30, 2025, the company reported a net loss of $1249 million[54] - Distributable earnings for the three months ended September 30, 2025, were $354 million, or $016 per basic weighted average share[55] - For the nine months ended September 30, 2025, the company reported a net loss of $2159 million[54] - Distributable earnings for the nine months ended September 30, 2025, were $1147 million, or $052 per basic weighted average share[55]

Financial Performance - Total revenue reached $1.2 billion[12] - Systemwide comparable sales increased by 12.7%[12] - Adjusted EBITDA was $201.1 million with a 16.9% margin[12] - Net income amounted to $150.4 million, or $0.71 per share[12] - Net income was boosted by a $125.2 million net benefit from a federal tax credit in Brazil[14] Digital Sales & Loyalty - Digital sales contributed approximately 61% of total sales[12] - Loyalty program registered members increased to 23.6 million[22] Divisional Performance - Brazil's revenue was $452.6 million[24] - NOLAD (Northern Latin America Division) revenue was $328.5 million[25] - SLAD (Southern Latin America Division) revenue was $411.8 million[25] Development & Capital Expenditure - Opened 22 restaurants during the quarter, with 19 being freestanding[12] - Capital expenditures totaled $75.8 million, including $44.2 million for new restaurant openings[17] Balance Sheet - Net debt stood at $474 million[43] - Leverage ratio is 1.2x[44]

Q3 2025 Performance - Total gold production reached 79,645 ounces, and total gold sold was 78,857 ounces[24] - The average realized gold price was $3,417 per ounce[32] - Operating cash flow was $113 million, or $0.34 per share[31] - The company reported a net income of $49.3 million, or $0.15 per share[31] - Adjusted earnings were $73.0 million, or $0.22 per share[31] - All-in sustaining costs (AISC) were $1,641 per ounce[30] Operations - Musselwhite milled 329,634 tonnes of ore with a gold grade of 5.87 g/t, producing 57,586 ounces of gold[24] - Camino Rojo stacked 2,793,951 tonnes of ore with a gold head grade of 0.40 g/t, producing 22,059 ounces of gold[24] South Railroad Project - An updated Feasibility Study is expected in Q4 2025[26] - Construction is expected to begin in mid-2026, with first gold production targeted for 2028[28] Guidance - The company updated its 2025 gold production guidance to 265,000 - 285,000 ounces[69]

Strong Core, Transformative Growth Investor Day 2025 November 12 Safe harbor statement Certain statements in this material, other than statements of historical or current fact, are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Exchange Act. These statements include, but are not limited to, LivaNova's plans, objectives, strategies, financial performance and outlook, trends, the amount and timi ...

The next phase of Vaca Muerta-driven growth VISTA ENERGY INVESTOR DAY NOVEMBER 12th, 2025 About projections and forward-looking statements 02 Additional information about Vista Energy, S.A.B. de C.V., a sociedad anónima bursátil de capital variable organized under the laws of Mexico (the "Company" or"Vista") can be found in the "Investors" section on the website at www.vistaenergy.com. This presentation does not constitute an offerto sell or a solicitation of any offerto buy any securities of the Company, i ...

Financial Performance - Q3 2025 revenues reached $15.3 million, a significant increase compared to $4.5 million in Q3 2024[25] - Year-to-date (YTD) revenues for 2025 totaled $42.4 million, approximately 2.3 times greater than the same period in 2024[8, 28] - Q3 2025 saw a cash burn of $14.0 million[8, 28] - Operating expenses were reduced to $18.1 million in Q3 2025, a 30% decrease from $26.0 million in Q3 2024[25] Business Development & Technology - A major commercial vehicle OEM selected Innoviz for series production of L4 autonomous class-8 semi trucks[7, 12, 29] - Innoviz has begun shipping InnovizTwo sensors for the OEM's data collection trucking fleet[12] - Innoviz is developing software modifications to address the OEM's unique vehicle integration requirements[12] - InnovizSMART-based perimeter security solution outperformed existing radar/camera systems in auditor testing[7, 16, 29] - Innoviz unveiled InnovizThree, designed for behind-the-windshield integration with a smaller form factor, better performance, and lower power consumption[8] Targets - The company is aiming for revenues between $50 million and $60 million[22] - The company is aiming for NRE Bookings between $30 million and $60 million[22]

Financial Performance & Guidance - The company expects approximately $340 million in revenues and adjusted EBITDA of approximately $250 million[9, 10] - The average cost of the four drydockings was approximately $5.6 million per vessel[19] - The company completed $355 million of new financing, releasing $94 million[27] - All-time high cash position of $479 million[27] Market Dynamics - Global LNG exports year-to-date 2025 amounted to 350 MT, a 3% increase year-over-year[33] - European LNG imports increased by 26% year-over-year, reaching 102.6 MT, while Asian imports decreased[33] - US LNG exports have seen strong growth, with Freeport exports up 32% year-over-year and Plaquemines seeing significant increases[36, 37] Fleet & Operations - All four drydockings were completed on time and on budget[14] - The average fleet age is 60 years as of November 2025[27] Newbuild & Scrapping Trends - Newbuild prices have stabilized at approximately $245 million, curbing new orders year-to-date[38, 42] - LNG vessel scrapping is at a new high in 2025[43]