EROAD 2026 Annual Shareholders Meeting Addresses

• Votes cast ahead of meeting represent 59.6% of shares, with 64% in line with Board's recommendations
• Board thanks Barry Einsig for his contribution and announces his departure
• Executive Chair outlines five distinct eras of EROAD's journey and a strategic reset
• CFO reports FY26 results with a focus on stabilizing platforms and improving service levels
• Company aims for free cash flow neutrality in North America and positions for ERUC opportunity

EROAD's 2026 Annual Shareholders Meeting was held in Auckland, with key updates presented by the Executive Chair and CFO. Votes cast ahead of the meeting represented 59.6% of shares, with 64% in line with the Board's recommendations. The Board thanked Barry Einsig for his contributions and announced his departure. The Executive Chair outlined EROAD's journey through five distinct eras and emphasized a strategic reset. The CFO reported FY26 results, highlighting non-cash accounting adjustments, including a $134.7m impairment to North American assets. Free cash flow margin was 7.4%, and reported revenue was $195 million, with ARR at $174.3 million. The company aims for free cash flow neutrality in North America and positions for the ERUC opportunity.

FY26 reported revenue: $195 million; Free cash flow margin: 7.4%; ARR: $174.3 million

EROAD plans to stabilize platforms, improve service levels, and focus on strategic opportunities, including the ERUC opportunity and North American market adjustments.