MOGO

• Company rebranded from Mogul to Orion Digital, now a financial technology company focused on platforms for next-generation financial services. - Operates two growth platforms: Intelligent Investing and Canadian Digital Wealth, and Carter Worldwide and European Payments Infrastructure. - Intelligent Investing: Revenue grew 12%, AUM grew 14%. Building a platform designed for long-term compounding, with minimalist design, partnered with FinChat AI for professional-grade research, and working on decision architecture. - Payments platform Carta: Operates in the authorization layer of European payments, strategic as payments become AI-mediated, supports scaling clients like Plexi

• Q2 adjusted EBITDA is guided to be between $2.5 million and $3.5 million. - Full-year adjusted EBITDA is guided to be between $6 million and $7 million. - Consolidated revenue is expected to be modestly lower year-over-year. - Q2 loan originations are reduced by approximately 50% from Q1 levels. - Expect increased marketing, investment, and in Intelligent Investing during the second half of Phase 2 rollout. - Share repurchase program is in place as management believes the public's market valuation does not fully reflect the business economics, with ~7% of outstanding shares retired since June 2022

Wealth segment: Revenue grew 12% year-over-year to $3.9 million. Assets under management were $495.6 million at March 31, 2026, which is a 14% year-over-year growth. European Payments Infrastructure segment: European transaction volume at Carter grew 12% to $2.7 billion. Other: Adjusted other subscriptions related revenue grew 6%. Total revenue in Q1-26 was $16.9 million compared to $17.3 million in Q1-25, with adjusted revenue up 2% year-over-year excluding non-core businesses exited in 2025. Adjusted EBITDA increased 46% year-over-year to $1.5 million, and gross margin expanded from 67% to 69% as revenue mix shifted to higher margin platform revenue. Cash flow from operating activity before investment and gross loan receivables was $4 million, up 6%. Balance sheet: Ended Q1 with $35.4 million in cash, marketable securities, and investments, with restricted cash at $25.6 million, up 96% year-over-year and 27% from year-end 2025 due to conversion of non-core holdings to operating cash from monetization of a position acquired by Robinson Markets

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