Progressive Planet Solutions (PLAN) investor relations material

Business model and performance

• Profitable, vertically integrated clean-tech manufacturer of silicate-based consumables; cash flow funds innovation, with owned mineral assets reducing supply-chain risk.

• Record annual revenue of CAD 23.2 million reported for 2026; Q4 2026 revenue was CAD 6.5 million and Q1 revenue was CAD 7.3 million, with seasonal sales and no expectation of linear QoQ growth.

• Sales rose CAD 3.7 million across categories; Pure DE contributed after launching in November, with six months of sales in the fiscal year.

• At July 31, cash exceeded CAD 2.5 million and unused credit exceeded CAD 5.6 million.

• Pure DE listings reached 2,434 U.S. stores; sales exceeded CAD 1.9 million since Nov. 1, 2025, recovering the one-time CAD 500,000 slotting fee in under a year.

Capital projects and operating costs

• Four major capital projects are targeted for completion by Apr. 30, 2027; no further major capital projects are currently anticipated for FY2028.

• PozGlass Phase II major CapEx is complete by Dec. 31, 2026; equipment is on site, with the project shifting toward operating costs from January.

• Lightweight cat litter line installation is targeted for Dec. 31, 2026; automated valve-pack equipment is expected to reduce manual bagging labor.

• Fine-grinding line completion is expected before Feb. 28; capacity increased 10x, with a CAD 1 million FortisBC grant payable upon completion documentation.

• Pilot-plant R&D costs are expected to fall to minimal incremental levels by Dec. 31, 2026, as construction and commissioning conclude; grant funding reimburses 49.86% of pilot-plant costs.

PozGlass and product development

• Pilot testing processed 40 tons of glass; sandblasting-media production was planned for November and PozGlass production for late November or early December.

• Amrize planning is underway for significant PozGlass SCM powder deployment in B.C.’s Lower Mainland in April and May 2027; the pilot plant is intended to demonstrate scale-up and full-scale economics, not to be a material profit center.

• PozGlass patent applications cover 28 countries; South Africa patents were granted, and the International Patent Office issued a favorable opinion on wet grinding of glass and 46 claims.

• Planet LCD demonstrated up to 50% Portland cement replacement and an 11% strength activity index at 28 days; patent applications are underway.

• CanBlast, a crystalline silica-free abrasive brand, is moving to in-house production after roughly 20 years of outsourced manufacturing.