TEN Holdings, Inc. Common Stock Skyline Signature Series Webinar

Welcome, everyone, and thank you for joining us today. My name is Scott Powell, President of Skyline Corporate Communications Group, LLC. Skyline Corporate Communications Group, LLC provides strategic investor relations and corporate communications advisory services to public and late-stage private companies globally. Our team has worked with hundreds of U.S.-listed public companies from around the globe across diverse industries and various market caps. Please visit our website at www.skylineccg.com. Skyline Corporate Communications Group, LLC is pleased to welcome you to its proprietary branded webinar event, the Skyline Signature Series. We are very pleased to have our client, TEN Holdings Incorporated, presenting today the technology company behind TEN, a digital experience platform for creating, producing, engaging, marketing, and measuring digital experiences, which is listed on the Nasdaq stock market under ticker symbol XHLD. We hope you will find today's webinar informative and engaging.

The Skyline Signature Series provides public companies with a convenient and effective forum to communicate their story to a diverse audience of carefully curated and selected financial professionals through these live webinars. The information presented on today's webinar is not to be construed as an offer to sell nor a solicitation of an offer to purchase any securities. Before I turn the floor over to TEN Holdings Incorporated, I would also like to point you to our 17(b) disclaimer and disclosure statement. Skyline Corporate Communications Group, LLC will receive compensation from TEN Holdings Incorporated, Nasdaq ticker symbol XHLD, for providing investor relation services relating to TEN Holdings Incorporated securities, including the preparation and distribution of this flyer and for hosting this virtual company presentation today. Skyline's fee is disclosed at skylineccg.com/disclosures, which disclosure is in accordance with Securities and Exchange Commission Rule 17 subsection B or 17(b).

TEN Holdings Incorporated, Nasdaq ticker symbol XHLD, headquartered in New York, is a technology company built around TEN, a digital experience platform for creating, producing, engaging, marketing, and measuring digital experiences, beginning with enterprise events, webinars, and continuing education. TEN scales up to 50,000 concurrent attendees and is backed by more than a decade of experience producing mission-critical corporate broadcasts for Fortune 500 clients. The company plans to expand TEN beyond events and webinars, including AI and automation, landing pages, integration, engagement, reporting and analytics, and content studio. There can be no assurance as to the timing or availability of these capabilities. To learn more, please visit the company's website at www.tenholdingsinc.com. After TEN Holdings' formal presentation, you will have the chance to ask questions during the Q&A session. Please type your questions into the Q&A box at the bottom center of your Zoom screen.

On our conference call today, we have Mr. Virgilio Torres, who is the CEO of TEN Holdings Incorporated. I would now like to turn the floor over to CEO Virgilio Torres.

Virgilio? Thanks, Scott. Appreciate it.

Welcome. Thanks, everyone, for joining.

I will now go ahead and share my screen. Awesome. Let's get started. Just before I get going, I would like to just give everyone a little background just on me personally. If you take a look at me and my career, it is kind of a tale of two stories. My career first started as a banker. The first half of my career, I spent that as a banker raising capital for companies for M&A. Throughout that time, I probably raised about $1 billion working with companies such as AT&T, Walmart, Volkswagen, and other companies that are not as well known. The second half of my career, I spent it as an operator building and scaling finance teams, raising capital on the debt and equity side, building, acquiring companies, and taking companies through exits.

Now as we kind of shift over to our company itself, TEN Holdings, as the name states it, we are a holdings company, and under the holdings company, we just have one operating company, which is called TEN Events. What we do as a product, we offer subscription services and managed services solutions from a technology perspective. When you think about it, what does this mean? If you are the CEO of PricewaterhouseCoopers and you want to deliver your quarterly town hall to 50,000 of your employees at one time, he uses our technology to be able to create and distribute this experience to his employees, and with our solution at one time in multiple different languages. This is primarily one of the services that we offer.

Here, I just want to highlight our management team and some of the logos that we have been able to recruit some of our top talent here at TEN Holdings and TEN Events. A little bit of our journey and where we have begun. For example, TEN Holdings started in 2011, and between 2011 and 2021, we operated independently. However, at that point, we were acquired by a corporate entity called V-Cube, and between 2021 and 2025, we operated under the umbrella of this organization. Then we were actually spun out and went public on the Nasdaq February of 2025. The proceeds during this time, we raised $10 million. Half of that were used to pay down debt, and the rest were used for operating capital. Most recently, we actually did a secondary offering, and we raised $7.5 million.

This offering, we said that we were going to use for product enhancement. When you think about our company and what we have done over the last 12 months, number one is we reduced $2.5 million of operating expenses from the P&L. We remain relatively active in the capital markets. We have raised over $14 million from multiple investment vehicles, whether it's an ELOC, whether it's a PIPE or the most recent public offering. The most exciting thing is probably the launch of our TEN platform, which has allowed us to transition the business from a managed service provider into a technology company. When I think about the business between now and the next three to six months, what is going to be our focus? The focus is going to be, one, to continue to transition the business from a managed service provider into a SaaS organization.

What this is going to do, it's going to fully change the way that the market is going to look at TEN Holdings from a valuation standpoint going forward. Two, we need to continue to remain competitive in the marketplace, so we need to continue to invest in our product and in our platform. Three, we are an acquisition strategy. We do plan to grow in two facets. One is by converting the business into a SaaS technology platform, but two is to grow inorganically through our acquisition strategy. We are going to be heavily focused to determine how we're going to grow that way. From an organic standpoint, TEN, the whole point of our platform is we want to make sure that our customers use our platform every day. How are we doing this?

We are making sure that we create a content studio and that our platform connects directly to our customer CRM, so they understand what their end customer is doing on a daily basis, and they have real-time data analytics. At the same time, we have been doing this for a very long time. Again, we were founded in 2011, and we have been doing this for over 15 years. Throughout that time, we understand the dos and don'ts, and we have been able to create the best practices in the industry and have been able to deliver this to our clients over this period of time. Because of that, it just makes perfect sense for us to transition our business into a SaaS organization because our clients have been so sticking for such a long time. It would just create healthy SaaS KPIs long term.

As we move into our acquisition strategy, what are the things that we're looking to do? I had mentioned before that we had removed $2.5 million from our P&L in expenses. That is expected to push us into profitability in 2027. As part of our acquisition strategy, the goal is to continue to look into accretive acquisitions that will continue to drive the growth of the company, so both on the revenue and on the EBITDA side. Number two is to look for products that our sales team can continue to scale and grow. Three is to look for technology that is complementary to the IP that we already have as an organization. When you look at TEN Holdings and what makes us a compelling investment opportunity, number one is the transition of the organization from a managed service provider into a SaaS organization.

Again, this will fully transition the way the market is going to be looking at us from a valuation standpoint. Number 2 is the growth that we are going to achieve as we start executing on our acquisition strategy. The third thing is we continue to have strong market interest from investors in the capital markets. As this continues, when you look at our organization today, this is a great time to look at TEN Holdings and to become part of the TEN Holdings family. Again, this was a very short presentation, but I think I did want to leave a lot more time for questions because there's a lot that has happened over the last couple of months that I'm sure a lot of investors have a lot of questions that they would like to get answered.