SuperCom, Ltd IAccess Alpha Virtual Best Ideas Fall Investment Conference 2026

Thank you, and hello, everyone. Welcome to SuperCom's Investor Presentation, September 2026. I'm going to slide along here, and at the end, we'll have some time for Q&A. The general safe harbor statement. Here we have a little overview of SuperCom. We've been around since 1988. Since then, we've been a global provider of electronic security solutions to governments around the world. We are focused in recent years on offender electronic monitoring services, essentially ankle bracelets and complimentary services for house arrest, GPS monitoring, alcohol monitoring, and so forth, which we'll go more into. Other than that, it's on the Nasdaq Capital Market trading at Nasdaq SPCB. I, myself, as the CEO and other senior management transitioned in February 2021, and since then, we've been on a very nice run. We've had a CAGR over the last four years of roughly 30% for our electronic monitoring business.

We've had an EBITDA CAGR of 47% over the last four and a half years, leading to a trailing 12-month EBITDA of $11.7 million. As of Q2 2026, we invested over $45 million into the R&D of this unique proprietary platform for electronic monitoring that we developed. With this technology, we were able to expand very effectively in Europe with over 20 national electronic monitoring project wins and over 45 new contracts in the U.S. across 28 new states since mid-2024. A lot of our technologies are delivered with a strong patent portfolio, and we have a track record of working with over 70 different government customers and over 100,000 individuals around the world. Our mission is to revolutionize public safety worldwide with innovative electronic monitoring technology and complimentary services.

The reason why this mission is so important is because right now there are some worldwide challenges with the criminal justice systems. They come from many different directions, but essentially, this leads to high recidivism, prison overcrowding, excessive costs, and ultimately unsafe communities. The high recidivism rate in the U.S. is around 75%. That's the chance of people recommitting crimes and being arrested within five years of their release. That leads to an inflation of the prison population, and the U.S. has the highest prison population in the world, with 570 prisoners per 100,000, which is more than half a percent of the population of the U.S. are behind bars today, and that number is not improving. You could see it's significantly higher than in some of the countries in Europe. Even those countries in Europe, as well as in the U.S., we're seeing prison overcrowding.

There's no room to keep people behind bars. Beyond the high recidivism rates and the prison overcrowding, there's excessive cost for this whole operation. There's over $80 billion annually just for running prisons in the U.S., and you could save over 90% of those costs by keeping people on house arrest. With people on house arrest, not only are they saving costs, but they're also allowing themselves to study, to help their family and loved ones, and to prevent themselves from becoming affiliated with other criminals and getting mentored towards the wrong direction. We're trying to help communities to become safer. This is a great solution, great technology that has been proving itself over the last couple of decades. The market is expected to reach $2.3 billion in 2028, growing roughly at a 7.5% CAGR annually.

In Europe, the market size is $330 million, and in the U.S., roughly six times that at $1.8 billion. There's only 10 global players, which you see consistently in the competitive tenders. You can't enter the market. It's very highly barrier to entry. You have to show roughly 5 to 10 years of industry experience to even bid on a competitive RFP, and that creates a nice moat in the industry. We're always seeing the same players consistently compete, and we're actually able to perform very well on those tenders and continue to expand within the market and to grow the market within the projects that we have. If we look at our technology, this is all developed in-house at SuperCom. This is the PureSecurity Suite, and it starts with a PureMonitor on the cloud or on-premise at various countries.

Essentially, it tracks where the offenders are any given moment, the 24/7 tracking. You could put exclusion zones where they're not allowed to be, such as schools or various locations, inclusion zones, where they're supposed to be in certain times of the day, if they're at work, if they're at home. You see we have an array of different hardware technologies. We have a PureTag that works with the PureTrack, which allows mobile tracking, smartphone tracking, together with the bracelet on the leg, which is tethered. We have the PureOne, which is all-in-one solution, which has been very successful in the U.S. in our recent expansion. The PureProtect here, which is the domestic violence solution, and we're one of the main players in domestic violence sub-market. We're across nine nations already with our solution.

Essentially, if somebody causes domestic violence, they receive a bracelet, and then they can't come close to the victims. If they do, the victim's phones alert through our technology. It's a very effective solution, and it really helps to change a lot of the paradigm and really creating traction towards progressing on this massive global problem. We're happy to be at the forefront of finding solutions for that. With our technology, we're able to support a wide array of programs on house arrest GPS monitoring, which allows you to leave the house as well. Domestic violence, which I just described. In-prison monitoring, where we're tracking people in the prison. Alcohol monitoring, we're actually tracking the alcohol levels through the sweat or through breathalyzers.

We provide complimentary rehabilitation services, vocational training, anger management, and what have you, to help people to re-enter society in an effective manner. With our technology in the U.S., in the last 2 years, we have secured over 45 new projects, new contracts, which we are very excited about. The progress in the U.S. is just starting still. There is still much more to go. With our technology, which we believe is industry-leading, we have invested over $45 million into it, in developing, and its R&D, and we continue to invest every year. We are able to achieve a win rate in Europe of over 65% in the competitive RFPs. There are 10 global players roughly. We have been able to win more than 65% of the bids, and the rest have won the remainder.

A lot of this we attribute to our technology, which we believe is superior in many factors, including the long battery life, where some tags run for a day or 2, and our technology architecture allows you to run for up to a year or more. We have ultra-lightweight solution. The bracelet is ergonomic and it is ultra-lightweight and small. We have next-gen location tech, multiple methods of biometrics. We have video calls that are capable of two-way communication and a domestic violence solution, which we do in a unique way, which has been proven to be very effective. In Europe, which we started several years back, we had a very nice traction. We started with small projects like in Lithuania and Latvia of $100,000 or $200,000 in size, and slowly moved up the ladder in size with larger references, more successful deployment, like this one in Denmark and Finland.

In Sweden, we have a $7 million project. We just recently, earlier this year, announced a new project in Sweden from $17 million to $75 million, which is the budget announced by the customer, and that shows the continued belief of the customers in our solution. Romania was over $33 million. Norway, which we just announced earlier this year as well, closes off all the Nordic countries. We essentially displaced incumbents in all of the 5 Nordic countries, and in many of them, we displaced incumbents which were there for 20 or 25 years. We believe that the stickiness of the solutions is the very interesting part of the industry. It is hard to displace someone, but once you do, you have a long-term customer for a very long period of time, just like we saw with Sweden, Norway, or the projects in Israel.

There are many opportunities that are still out for bid in various stages. We spoke on the calls about Italy, the projects coming out in Italy or the projects coming out in England, which are very large, and we expect to continue to compete in an effective fashion in the European market and continue to bid on larger projects as well as projects of a medium size and continue to bring on our solution to more customers around the world, or at least in Europe. Furthermore, we discussed the APAC region, South America, Latin America, which we started focusing on, and other areas of the world where we think our technology could be a great fit. We have proven to be very successful in our deployments in the past, and we think that it is time to start looking at other regions as well.

Beyond the international markets, in Europe, here are some of the contracts we won up to late. What is nice is once you enter into a geography, there are many other opportunities which are accessible to. Like in Finland, we started one project, and we had another one. In Israel, we won a project which covers all the EM programs in the country. Romania, we started the largest project in 2022 of the 15,000 enrollees and domestic violence. We are looking for, with our customers, that was the first project that they have done in the EM space. So we are happy to be a trusted partner there as they explore more potential solutions. In Norway, we just won a project there. In Sweden, started, like I said, years ago, and we have already done four different project wins in that country, and this latest one is significantly larger than others.

Once we get into a region, we start expanding. We offer more capabilities, more programs, more enhancements, and we are a great trusted partner to our customers, hopefully for many years into the future. In the U.S., as I described early on, roughly six times the size of Europe, and the market is very well organized into a solution on the cloud. The pricing is kind of standard, and it is priced per unit per day. Everything is in English. We are able to support it in a much more seamless fashion. We just expanded into the U.S. market in an effective manner two years ago, and we have been expanding at rapid speed into 20 new states already, signed 18 original service providers who have access to all the technology.