JFB Construction (JFB) investor relations material

Deal rationale and strategic fit

• Combines advanced AI-driven robotics and autonomy with established U.S. infrastructure to create a leading autonomous defense and security systems company, leveraging both companies' expertise.

• Expands market reach by targeting defense, law enforcement, and private security sectors, addressing a $67 billion total addressable market.

• Creates a next-generation autonomous robotic technology platform for public markets, with strategic investors including Eric Trump, Unusual Machines, American Ventures LLC, Protego Ventures, Alaya Capital, and Agnos Tiligouk.

• Positions the combined entity to capture value across hardware, autonomy software, and sovereign production.

Financial terms and conditions

• All-stock transaction with an implied value of $1.5 billion, based on the effective price per share in concurrent private placements.

• $152 million investment commitment, with $42 million funded at signing.

• XTEND shareholders expected to retain approximately 70% ownership post-closing, with JFB holding 30%.

• Includes $25 million bridge financing and $17 million in concurrent private placements, subject to closing adjustments.

• Combined company reports a $500 million pipeline and $71 million backlog as of December 31, 2025.

Integration plans and timeline

• Combined company to be named XTEND AI Robotics, headquartered in Tampa, Florida, and listed under the ticker XTND.

• Formation of a new Delaware holding company to acquire both XTEND and JFB, with unanimous board approval and majority shareholder consent.

• Transaction expected to close mid-2026, subject to regulatory approvals.

• Expansion of NDAA-compliant domestic production capabilities and XFAB manufacturing hubs in new markets planned for 2026–2027.

• Centralized IP leadership with distributed global execution through regional XFABs.