Certain matters in this presentation including, but not limited to, statements as to: expectations with respect to growth, performance and benefits of NVIDIA's products, services, and technologies, including Blackwell, and related trends and drivers; expectations with respect to supply and demand for NVIDIA's products, services, and technologies, including Blackwell, and related matters including inventory, production and distribution; our financial position; projected market growth and trends, market oppor ...

Q1 Fiscal Year 2026 Highlights - Palo Alto Networks' Q1'26 Remaining Performance Obligation (RPO) reached $15.5 billion, a 24% year-over-year increase[9] - Next-Generation Security Annual Recurring Revenue (NGS ARR) for Q1'26 was $5.85 billion, up 29% year-over-year[9] - Q1'26 revenue totaled $2.47 billion, representing a 16% year-over-year growth[9] - The company's Q1'26 non-GAAP operating margin was 30.2%, a 140 bps increase year-over-year[9] - Q1'26 non-GAAP EPS was $0.93, a 19% increase year-over-year[9] - Adjusted Free Cash Flow for Q1'26 was $1.71 billion, a 17% year-over-year increase, with an Adjusted FCF Margin of 69.2%[9] Strategic Initiatives and Acquisitions - Palo Alto Networks is acquiring Chronosphere for $3.35 billion in cash and replacement awards[46] - Chronosphere has over $160 million in ARR, growing triple digits year-over-year as of September 2025[36, 46] - The acquisition of CyberArk is on track for Q3 close, reaffirming the FY'28 Adjusted Free Cash Flow Margin target of 40%+[26, 28] SASE and AI Security - SASE ARR exceeded $1.3 billion, growing 34% year-over-year[15] - Palo Alto Networks has approximately 6,800 SASE customers, an 18% year-over-year increase[15, 59]

Financial Outlook - The company projects FY2026 revenue between $905 million and $915 million[8] - FY2026 net income is guided to be between $40 million and $45 million[8] - The company anticipates FY2026 adjusted EBITDA to be between $114 million and $119 million[8, 10] - By fiscal year 2029, the company expects to surpass $1.2 billion in annual revenue and approach $220 million in adjusted EBITDA[8] Business Performance & Strategy - Universal Technical Institute (UTI) reported approximately 25,000 average active students[7] - UTI's graduates have a 4/5 employment rate within one year of graduation[7] - UTI offers 35+ program offerings in healthcare, transportation, energy, and skilled trades[7] - The company operates 32 campuses nationwide, with 6 additional campuses announced[7] - UTI's North Star Strategy Phase II aims to build a more diversified, efficient, and durable growth engine[8] Divisions Overview - The UTI Division generated $542 million in revenue in FY2025 with approximately 15,000 average students[15, 57] - The Concorde Division generated $294 million in revenue in FY2025 with approximately 10,000 average students[15, 66]

Unisys Presentation SOUTHWEST IDEAS CONFERENCE NOVEMBER 19, 2025 Disclaimer Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Unisys cautions readers that the assumptions forming the basis for forward-looking statements include many factors that are beyond Unisys' ability to contro ...

FINANCIAL RESULTS Q3 2025 November 2025 Forward-Looking Statements This presentation contains certain forward-looking statements. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may include statements concerning the Company's plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts, identified by words such a ...

Earnest's Strategy and Financial Performance - Navient's restructuring program has increased future cash flows, adding approximately $2 billion to existing net cash flow for growth investments or distributions[13] - Earnest aims to achieve overall efficiency equal to or greater than peers at lower breakeven volumes[15] - Earnest has over 375,000 unique customer relationships as of September 30, 2025, with over 40,000 expected to be added in 2026[20] - For 2025E, Earnest's total revenue is projected to be $219 million, with net interest income of $168 million and servicing revenue of $51 million[26] - Earnest's total assets are projected to be $10,007 million, with securitized loans of $8,255 million and equity of $724 million as of December 31, 2025[28] Growth and Efficiency Improvements - Annual originations are expected to increase 2.5x from $971 million in 2023 to $2,400 million in 2025E[37] - Quarterly rate check volume (Q3) for SLR is expected to increase 3.9x from $1.4 billion in 2023 to $5.4 billion in 2025E[37] - Sales & Marketing expenses as a percentage of originations are expected to decrease by 59% from 5.6% in 2023 to 2.3% in 2025E[37] - Loan automation (Q3) is expected to increase 1.4x from 57% in 2023 to 79% in 2025E[37] Market Opportunity and Future Plans - The total Earnest opportunity in non-education loans is projected to be $47 billion in 2026 and $101 billion in 2028[46]

INVESTOR DAY CHICAGO, IL USA NOV 18 - 19, 2025 SAFE HARBOR STATEMENT This presentation includes statements related to the expected future results of the company and are therefore forward-looking statements. Actual results may differ materially from those projections due to a wide range of risks and uncertainties, including those that are listed in our SEC filings. This presentation also contains non-GAAP financial information and reconciliations to GAAP are included in the appendix. All information should b ...

Financial Performance - 3Q2025 - Revenues reached US$1,173 million, showing a Q-on-Q increase of 12.5% and a Y-on-Y increase of 9%[7] - Gross Profit was US$346 million, with a Q-on-Q increase of 36% and a Y-on-Y increase of 23%[7] - Earnings per Share reached US$0.62, with a Q-on-Q increase of 50% and a Y-on-Y increase of 36%[7] Lithium Market - Lithium sales volumes increased by 43% year-on-year, despite a 15% decrease in average sales prices[10] - The global lithium market is expected to grow over 20% in 2025[16] - Battery Energy Storage Systems (BESS) represent more than 20% of the global lithium demand[16] - SQM Lithium's Last Twelve Months (LTM) revenues were US$2,084 million, with a gross profit of US$480 million, holding approximately 17% market share as of December 31, 2024[12,15] Iodine Market - Iodine average sales prices increased by 5%, while sales volumes decreased slightly by 1%[10] - The global iodine market is expected to grow approximately 3% in 2026 compared to 2025[26] - SQM Iodine & Derivatives' LTM revenues were US$996 million, with a gross profit of US$528 million, holding approximately 37% market share as of December 31, 2024[20,25] Potassium Market - Potassium sales volumes decreased significantly by 62%, while average sales prices increased by 30%[10] - SQM Potassium's LTM revenues were US$183 million, with a gross profit of US$17 million, holding less than 1% market share as of December 31, 2024[39,40] Specialty Plant Nutrition (SPN) Market - SQM SPN's LTM revenues were US$957 million, with a gross profit of US$141 million[31] - The global KNO3 market is expected to grow at a normal rate of around 4% in 2025 compared to 2024[34] - SQM holds approximately 41% market share in Specialty Plant Nutrition as of December 31, 2024[36]

Financial Performance - Adjusted net investment income per share remained solid at $0.39, resulting in an adjusted NII ROE of 10.4%[10] - Adjusted earnings per share were $0.36, translating to an adjusted ROE of 9.6%[10] - The company declared a quarterly base distribution of $0.39 per share for FY 2026 Q1, with distribution coverage remaining strong at approximately 100%[10] - Net asset value decreased slightly to $14.97 per share, a decrease of $0.03 from the previous quarter[10] Portfolio & Credit Quality - The investment portfolio at fair value totaled $8.8 billion, with $370.8 million in exits/sales and $86.5 million in new investment commitments[10] - Approximately 90% of the total investment portfolio maintained internal performance ratings of '4' or '5', indicating continued strong portfolio company performance[10, 42] - Non-accrual investments decreased to 0.3% of total investments at fair value (0.6% at cost)[10] Balance Sheet & Liquidity - The GAAP debt-to-equity ratio, net, decreased to 1.23x[10] - The weighted average cost of debt was 5.6%[10] - Total available liquidity stood at $1.2 billion[10] Capital Allocation - The company repurchased 0.4 million shares for $5.2 million at an average price of $14.02 per share, representing 94% of net asset value[10]

Financial Performance - Revenue increased by 26% to $104.3 million compared to Q3 2024's $83.0 million, driven by new and existing customer expansion[30, 35] - Recurring revenue grew by 29% to $77.1 million, representing 74% of total revenue in Q3 2025, compared to $59.9 million in Q3 2024[30, 35, 43] - Gross margin increased to 49.3% from 45.7%, driven by processing margin improvement and HW margin increase[30, 35] - Adjusted EBITDA increased to $18.2 million, representing 17.5% of total revenue, compared to 13.3% in Q3 2024[30, 35, 65] - Net income increased to $3.5 million, a significant improvement compared to $0.7 million in the prior year period[35] Customer and Device Growth - The number of customers increased by 21% to nearly 110,000[30, 35] - Total transaction value increased by 35% to $1.76 billion[30, 35] - Managed and connected devices increased by 17% to 1.43 million[30, 35] Strategic Developments - Signed a non-binding letter of intent to acquire Integral Vending, Nayax's exclusive distribution partner in Mexico[36] - Partnered with ChargeSmart EV to improve the payment experience for EV drivers across the U S[36] - Announced a strategic partnership with Autel Energy to embed Nayax's payment technology into approximately 100,000 Autel chargers across North America and Europe by the end of 2026[36] Future Outlook - The company projects revenue between $400 million and $405 million for FY 2025[41, 66] - The company reaffirms 2028 outlook of 35% annual revenue growth[68]