Mr. Tony Busseri reports

ROUTE1 PROVIDES YEAR-END REVIEW AND OUTLINES STRATEGIC PRIORITIES FOR 2026

Route1 Inc. has provided a year-end review of its operational progress in 2025 and outlined its strategic priorities for 2026 as the company continues its focus on recurring revenue, execution discipline and the application of intelligence to real-world parking operations.

2025: building the foundation

Throughout 2025, Route1 focused on strengthening the foundation of its parking technology and services platform while deepening relationships with parking operators across North America. The company continued to expand its deployment and support footprint, enhanced its Actionable Business Intelligence (ABI) software platform, and advanced its transition toward higher-quality, recurring revenue. These efforts were focused on increasing the durability, predictability and quality of recurring revenue rather than maximizing one-time transactional activity. These initiatives were delivered across a growing base of municipal, university and enterprise operators in North America.

Key themes during the year included:

• Continued deployment and life-cycle support of automated licence plate recognition (ALPR) systems for municipal, university and enterprise operators;
• Continuing enhancement of the Route1 ABI platform, including expanded analytics and parking survey capabilities;
• Increased emphasis on long-term operator support models rather than transactional engagements;
• Direct engagement with end-users to better understand operational challenges and decision making in live parking environments;
• Demonstrated that Route1 ABI operates across multiple ALPR vendor systems, enabling operators to improve outcomes without replacing existing infrastructure.

Route1's approach throughout the year emphasized execution over theory, with a focus on ensuring that technology deployments delivered measurable operational outcomes rather than isolated features.

Operator-grade intelligence

As part of this evolution, Route1 has increasingly emphasized what it refers to as operator-grade intelligence. Parking operations operate at the intersection of policy, enforcement, revenue and public safety, where decisions are made under real-world constraints and imperfect data.

Route1's ABI platform is designed to translate operational data into practical insight that supports day-to-day decision making by operators, dispatchers and enforcement teams. Rather than replacing human judgment, the platform is designed to augment it, providing context, transparency and accountability in environments where decisions have direct operational and financial consequences.

Route1's ABI platform is vendor agnostic and can ingest and analyze data from multiple ALPR technologies commonly used by operators, including systems from Genetec, Motorola Solutions (Vigilant) and other leading providers, allowing operators to improve outcomes without replacing existing infrastructure.

When applied correctly, intelligence functions as a decision-support co-pilot, helping operators surface priorities, understand trade-offs and adapt as conditions change while keeping control and accountability firmly with people.

2026 priorities: recurring revenue and applied intelligence

Looking ahead to 2026, Route1's priorities are centred on scaling recurring revenue while continuing to apply intelligence where it delivers tangible value. These priorities reflect a deliberate, phased approach focused on repeatability, capital efficiency and measurable outcomes.

The company expects to focus on:

• Increasing adoption of Route1 ABI within its existing customer base;
• Structuring new end-user relationships around continuing support and analytics rather than one-time transactions;
• Expanding direct engagement with parking operators in markets where Route1 already maintains a strong operational presence;
• Introducing application-specific intelligence capabilities within the ABI platform, beginning with operational use cases such as patrol optimization.

Route1's approach to advanced analytics and artificial intelligence is application driven, with an emphasis on explainability, policy awareness and operator control. Management believes that intelligence applied directly to operational workflows represents a more durable path to value creation than generalized or abstract AI implementations that struggle in real-world operating environments.

Building for the long term

Route1 remains focused on disciplined execution, capital efficiency and building durable relationships with parking operators. Management believes that consistent delivery of high-quality recurring revenue, combined with practical innovation aligned to operator needs, will support long-term value creation for shareholders.

The company expects to continue communicating progress as initiatives advance throughout 2026.

About Route1 Inc.

Route1 is a provider of advanced technology solutions focused on parking operations, public safety and transportation management. Through its deployment expertise, life-cycle support services and Actionable Business Intelligence software platform, Route1 helps operators improve outcomes across enforcement, compliance, revenue and public safety. Route1 is listed in Canada on the TSX Venture Exchange under the symbol ROI.

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