• Completed acquisition of Microtek Laboratories, integrating personnel, manufacturing, and customers
• Accelerated transition from technology company to sales and manufacturing-focused organization
• Significant progress in thermal regulation, flame-resistant technologies, and military applications

Alexium International Group Ltd reported a transformative Q3 FY26, completing the Microtek Laboratories acquisition and accelerating its transition from a technology company to a manufacturing-focused organization. The company made significant progress across its key commercial focus areas of thermal regulation, flame-resistant technologies, and military applications. The integration of Microtek's personnel, manufacturing processes, technology, and customers has been a success, with the combined team focused on delivering profitable results from Alexium's core competency of microencapsulating phase change materials (mPCM) and building on that with new flame-retardant technology. The company had several successful commercial outings and saw new mPCM coatings placements commence in Q3, along with new opportunities in mPCM coatings, flame-resistant coatings, dehumidification textile, and heat transfer textile. Alexium is now transitioning to a manufacturing-centered operating model, prioritizing disciplined asset utilization, phased capacity expansion, and selective use of contract manufacturing partners. The company maintains an asset-based line of credit and has secured shareholder loans to support its growth initiatives, and is well-positioned to benefit from anticipated near-term sales growth opportunities.