Original News Release
SEDAR Interim Financial Statements
CASTING AND EXTRUSION AUTOMOTIVE SOLUTIONS Unaudited Condensed Interim Report to the shareholders for the three and twelve months ended September 30, 2025 NOTICE TO READER The attached unaudited condensed interim consolidated financial statements have been prepared by management of the Company. The condensed interim consolidated financial statements for the three - and twelve - month periods ended September 30, 2025 and 2024 have not been reviewed by the auditors of the Company. 2 EXCO TECHNOLOGIES LIMITED CONDENSED INTERIM CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (Unaudited) $ (000)'s As at As at September 30, 2025 September 30, 2024 ASSETS Current Cash and cash equivalents $22,871 $31,637 Accounts receivable 114,918 111,428 Inventories 103,062 110,231 Prepaid expenses and deposits 5,188 5,395 Derivative instruments 617 - Income taxes recoverable 2,057 - Total current assets 248,713 258,691 Property, plant and equipment, net (note 4) 237,132 225,433 Intangible assets, net (note 5) 25,325 27,829 Goodwill (note 5) 99,626 93,961 Deferred tax assets 3,445 1,087 Total assets $614,241 $607,001 LIABILITIES AND SHAREHOLDERS' EQUITY Current Trade accounts payable 46,906 46,483 Accrued payroll liabilities 18,775 17,684 Other accrued liabilities 13,459 12,587 Derivative instruments - 858 Provisions 10,705 8,633 Income taxes payable - 3,716 Customer advance payments 2,314 4,752 Total current liabilities 92,159 94,713 Lease liabilities- long-term portion 7,127 7,251 Long-term debt (note 7) 90,000 105,000 Deferred tax liabilities 17,705 18,765 Total liabilities 206,991 225,729 Shareholders' equity Share capital (note 8) 47,664 48,315 Contributed surplus 6,112 6,010 Accumulated other comprehensive income 37,402 16,248 Retained earnings 316,072 310,699 Total shareholders' equity 407,250 381,272 Total liabilities and shareholders' equity $614,241 $607,001 The accompanying notes are an integral part of these condensed unaudited interim consolidated financial statements. 3 EXCO TECHNOLOGIES LIMITED CONDENSED INTERIM CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Unaudited) $ (000)'s except for income per common share 2025 2024 2025 2024 Sales $150,696 $155,447 $615,263 $637,791 Cost of sales 120,973 120,888 492,192 502,679 Selling, general and administrative expenses 11,662 13,782 53,823 52,901 Depreciation (note 4) 8,190 7,848 31,050 30,237 Amortization (note 5) 1,085 580 4,328 4,113 Loss (gain) on disposal of property, plant and equipment 92 157 223 50 Interest expense, net 1,159 1,772 5,055 8,278 143,161 145,027 586,671 598,258 Income before income taxes 7,535 10,420 28,592 39,533 (692) 2,686 4,300 9,915 Net income for the period 8,227 7,734 24,292 29,618 Other comprehensive income Items that may be reclassified to profit or loss in subsequent periods: Net unrealized gain (loss) on derivatives designated as cash flow hedges (a) 151 (1,907) 1,087 (4,612) Unrealized gain on foreign currency translation 7,919 (480) 20,067 4,031 8,070 (2,387) 21,154 (581) Comprehensive income $16,297 $5,347 $45,446 $29,037 Income per common share Basic $0.22 $0.20 $0.63 $0.76 Diluted $0.22 $0.20 $0.63 $0.76 Weighted average number of common shares outstanding (,000)'s Basic 38,211 38,616 38,369 38,750 Diluted 38,211 38,616 38,369 38,750 (a) Net of income tax payable of $54 and $388 for the three- and twelve month periods ended September 30, 2025 (2024 - net of income tax receivable of $681 and $1,646 for the three- and twelve month periods ended Septembe
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r 30, 2024) The accompanying notes are an integral part of these condensed unaudited interim consolidated financial statements. Provision for income taxes (note 11) September 30 Three months ended Twelve months ended September 30 4 EXCO TECHNOLOGIES LIMITED CONDENSED INTERIM CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) $ (000)'s Share capital Contributed surplus Retained earnings Net unrealized gain (loss) on derivatives designated as cash flow hedges Unrealized gain (loss) on foreign currency translation Total accumulated other comprehensive income (loss) Total shareholders' equity Balance, October 1, 2024 $48,315 $6,010 $310,699 ($634) $16,882 $16,248 $381,272 Net income for the period - - 4,245 - - - 4,245 Dividend paid (note 3) - - (4,046) - - - (4,046) Stock option expense - 43 - - - - 43 Repurchase of share capital (note 8) (25) - (132) - - - (157) Other comprehensive income (loss) - - - (1,807) 10,296 8,489 8,489 Balance, December 31, 2024 $48,290 $6,053 $310,766 ($2,441) $27,178 $24,737 $389,846 Net income for the period - - 6,421 - - - 6,421 Dividend paid (note 3) - - (4,031) - - - (4,031) Stock option expense - 24 - - - - 24 Repurchase of share capital (note 8) (171) - (745) - - - (916) Other comprehensive income - - - 859 6,239 7,098 7,098 Balance, March 31, 2025 $48,119 $6,077 $312,411 ($1,582) $33,417 $31,835 $398,442 - - 5,399 - - - 5,399 - - (4,014) - - - (4,014) - 11 - - - - 11 (208) - (861) - - - (1,069) Net income for the period Dividends paid (note 3) Stock option expense Repurchase of share capital (note 8) Other comprehensive income (loss) - - - 1,884 (4,387) (2,503) (2,503) $47,911 $6,088 $312,935 $302 $29,030 $29,332 $396,266 8,227 - 8,227 (3,998) - (3,998) 24 - 24 (247) (1,092) - (1,339) Balance, June 30, 2025 Net income for the period Dividends (note 3) Stock option expense Repurchase of share capital (note 8) Other comprehensive income 151 7,919 8,070 8,070 Balance, September 30, 2025 $47,664 $6,112 $316,072 $453 $36,949 $37,402 $407,250 Share capital Contributed surplus Retained earnings Net unrealized gain (loss) on derivatives designated as cash flow hedges Unrealized gain (loss) on foreign currency translation Total accumulated other comprehensive income (loss) Total shareholders' equity Balance, October 1, 2023 $48,767 $5,791 $299,633 $3,978 $12,851 $16,829 $371,020 Net income for the period - - 5,642 - - - 5,642 Dividend paid (note 3) - - (4,082) - - - (4,082) Stock option expense - 75 - - - - 75 Repurchase of share capital (note 8) (64) - (320) - - - (384) Other comprehensive (loss) - - - 82 177 259 259 Balance, December 31, 2023 $48,703 $5,866 $300,873 $4,060 $13,028 $17,088 $372,530 Net income for the period - - 8,066 - - - 8,066 Dividend paid (note 3) (4,073) - (4,073) Stock option expense 48 - 48 Repurchase of share capital (note 8) (123) (607) (730) Other comprehensive (loss) (10) 5,047 5,037 5,037 Balance, March 31, 2024 $48,580 $5,914 $304,259 $4,050 $18,075 $22,125 $380,878 Net income for the period - - 8,176 - - - 8,176 Dividends paid (note 3) - - (4,056) - - - (4,056) Stock option expense - 47 - - - - 47 Repurchase of share capital (note 8) (172) (883) - - - (1,055) Other comprehensive income (loss) - - - (2,777) (713) (3,490) (3,490) Balance, June 30, 2024 $48,408 $5,961 $307,496 $1,273 $17,362 $18,635 $380,500 Net income for the period 7,734 - - - 7,734 Dividends (note 3) (4,048) - - - (4,048) Stock option expense 49 - - - - 49 Repurchase of share capital (note 8) (9
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3) (483) - - - (576) Other comprehensive income (loss) - - - (1,907) (480) (2,387) (2,387) Balance, September 30, 2024 $48,315 $6,010 $310,699 ($634) $16,882 $16,248 $381,272 The accompanying notes are an integral part of these condensed unaudited interim consolidated financial statements. Accumulated other comprehensive income Accumulated other comprehensive income 5 EXCO TECHNOLOGIES LIMITED CONDENSED INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) $ (000)'s 2025 2024 2025 2024 OPERATING ACTIVITIES: Net income for the period $8,227 $7,734 $24,292 $29,618 Add non-operating and items not involving a current outlay of cash Depreciation 8,190 7,848 31,050 30,237 Amortization 1,085 580 4,328 4,113 Stock-based compensation 98 263 397 902 Deferred income taxes (3,998) (1,628) (3,783) (1,549) Net interest expense 1,159 1,772 5,055 8,278 Loss (gain) on disposal of property, plant and equipment 92 157 223 50 14,853 16,726 61,562 71,649 Net change in non-cash working capital (note 10) 6,705 12,211 4,281 10,095 Cash provided by operating activities 21,558 28,937 65,843 81,744 FINANCING ACTIVITIES: Increase (decrease) in bank indebtedness - (2,492) - (4,964) Repayment of long-term debt (5,000) - (15,000) - Interest paid, net (1,159) (1,772) (5,055) (8,278) Dividends paid (3,998) (4,048) (16,089) (16,259) Repurchase of share capital (1,339) (576) (3,481) (2,745) (11,496) (8,888) (39,625) (32,246) INVESTING ACTIVITIES: Purchase of property, plant and equipment (11,042) (8,468) (35,555) (33,047) Purchase of intangible assets (85) (223) (558) (858) Proceeds from disposal of property, plant and equipment 12 40 353 187 Cash used in investing activities (11,115) (8,651) (35,760) (33,718) Effect of exchange rate changes on cash and cash equivalents 413 (24) 776 61 Net increase (decrease) in cash during the period (640) 11,374 (8,766) 15,841 Cash, beginning of period 23,511 16,725 31,637 15,796 Cash, end of period $22,871 $28,099 $22,871 $31,637 The accompanying notes are an integral part of these condensed unaudited interim consolidated financial statements. Cash used in financing activities Three months ended Twelve months ended September 30 September 30 6 EXCO TECHNOLOGIES LIMITED NOTES TO CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) $(000)’s except per share amounts 1. CORPORATE INFORMATION Exco Technologies Limited (the “Company”) is a global designer, developer and manufacturer of dies, moulds, components and assemblies, and consumable equipment for the die-cast, extrusion and automotive industries. Through 21 strategic locations in 9 countries, the Company services a diverse and broad customer base. The Company is incorporated and domiciled in Canada. The registered office is located at 130 Spy Court, Markham, Ontario, Canada. 2. SUMMARY OF MATERIAL ACCOUNTING POLICY INFORMATION Basis of preparation These unaudited condensed interim consolidated financial statements present the Company’s financial results of operations and financial position as at and for the three- and twelve- month periods ended September 30, 2025 and have been prepared in accordance with International Accounting Standard (“IAS”) 34, Interim Financial Reporting as issued by the International Accounting Standards Board (“IASB”). The accounting policies used in preparing these unaudited condensed interim financial statements are consistent with those used in the preparation of the 2024 audited annual consolidated financial statements. The Company’s prepa
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ration of unaudited condensed interim financial statements in accordance with IAS 34 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in the application of the Company’s accounting policies. The Company’s critical accounting estimates are affected as a result of the global tariff uncertainty, various ongoing economic, geopolitical and social impacts, and recessionary conditions. There continues to be significant uncertainty as to the likely effects these items which may, among other things, impact our employees, suppliers, and customers and the carrying values of our assets and liabilities. It is not possible to predict the impact these items will have on the Company, its financial position and the results of operations in the future. The Company is monitoring the future impact of all these items on all aspects of its business. Each reporting period, management carries out this assessment for indications that goodwill and other long-lived assets may be impaired. As required, management will continue to assess these assumptions as the situation changes. These unaudited condensed interim consolidated financial statements should be read in conjunction with the Company’s 2024 audited annual consolidated financial statements, which are available at www.sedarplus.ca and on the Corporation’s website at www.excocorp.com. The unaudited condensed interim consolidated financial statements and accompanying notes for the three- and twelve- month periods ended September 30, 2025 were authorized for issue by the Board of Directors on November 26, 2025. 3. CASH DIVIDEND During the three- and twelve- month period ended September 30, 2025, the Company paid quarterly cash dividends totaling $3,998 and $16,089 (2024 - $4,048 and $16,259). The quarterly dividend rate in the second quarter of 2025 was $0.105 per common share (2024 - $0.105). 7 EXCO TECHNOLOGIES LIMITED NOTES TO CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) $(000)’s except per share amounts 4. PROPERTY, PLANT AND EQUIPMENT Machinery and Equipment Tools Buildings Land Assets under Construction Right of Use Assets TOTAL Cost Balance as at September 30, 2024 $315,348 $27,609 $116,030 $14,818 $8,900 $10,474 $493,179 Additions 2,227 2,169 793 - 30,188 178 35,555 Less: disposals (6,214) (1,018) (71) - - (326) (7,629) Reclassification 18,899 1,836 4,051 - (24,786) - - Foreign exchange movement 9,372 788 3,628 605 369 706 15,468 Balance as at September 30, 2025 339,632 31,384 124,431 15,423 14,671 11,032 536,573 Machinery and Equipment Tools Buildings Land Assets under Construction Right of Use Assets TOTAL Accumulated depreciation and impairment losses Balance as at September 30, 2024 $190,170 $20,659 $54,466 $- $- $2,451 $267,746 Depreciation 22,659 2,776 4,714 - - 901 31,050 Less: disposals (5,820) (893) (45) - - (296) (7,054) Foreign exchange movement 5,448 693 1,413 - - 145 7,699 Balance as at September 30, 2025 212,457 23,235 60,548 - - 3,201 299,441 Carrying amounts Machinery and Equipment Tools Buildings Land Assets under Construction Right of Use Assets TOTAL As at September 30, 2024 $125,178 $6,950 $61,564 $14,818 $8,900 $8,023 $225,433 As at September 30, 2025 127,175 8,149 63,883 15,423 14,671 7,831 237,132 5. INTANGIBLE ASSETS AND GOODWILL Computer Software and Other Acquisition Intangibles* Assets under Construction (Software) Total Intangible Assets Goodwill Cost Balance as at September 30, 2024 $9,419 $58,63
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6 $182 $68,237 $93,961 Additions 229 - 329 558 - Less: disposals (303) - - (303) Reclassification 347 - (347) - - Foreign exchange movement 252 2,266 (17) 2,501 5,665 Balance as at September 30, 2025 $9,944 $60,902 $147 $70,993 $99,626 8 EXCO TECHNOLOGIES LIMITED NOTES TO CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) $(000)’s except per share amounts Computer Software and Other Acquisition Intangibles* Assets under Construction (Software) Total Intangible Assets Goodwill Accumulated amortization and impairment losses Balance as at September 30, 2024 $7,812 $32,596 $- $40,408 $- Amortization for the period 803 3,525 - 4,328 - Less: disposals (303) - (303) Foreign exchange movement 302 933 - 1,235 - Balance as at September 30, 2025 $8,614 $37,054 $- $45,668 $- Carrying amounts As at September 30, 2024 $1,607 $26,040 $182 $27,829 $93,961 As at September 30, 2025 $1,330 $23,848 $147 $25,325 $99,626 *Acquisition intangibles are composed of customer relationships and trade names resulting from business acquisitions and the purchase price allocation thereof. 6. FINANCIAL INSTRUMENTS Fair value represents point-in-time estimates that may change in subsequent reporting periods due to market conditions or other factors. Presented below is a comparison of the fair value of each financial instrument to its carrying value. The fair value of cash and cash equivalents, bank indebtedness, trade and other receivables and trade and other payables approximates their carrying amounts due to the short-term maturities of these instruments. The estimated fair value of long- term debt approximates its carrying value since debt is subject to terms and conditions similar to those available to the Company for instruments with comparable terms, and the interest rates are variable and a reflection of market-based rates. The fair value of derivative instruments that are not traded in an active market such as over-the-counter foreign exchange options and collars is determined using quoted forward exchange rates at the consolidated statement of financial position dates and are Level 2 instruments. During the twelve- month period ended September 30, 2025 there were no transfers between Level 1 and Level 2 fair value measurements. The carrying value and fair value of all financial instruments are as follows: September 30, 2025 September 30, 2024 Carrying Amount of Asset (Liability) Fair Value of Asset (Liability) Carrying Amount of Asset (Liability) Fair Value of Asset (Liability) Cash and cash equivalents $22,871 $22,871 $31,637 $31,637 Accounts receivable 114,918 114,918 111,428 111,428 Trade accounts payable (46,906) (46,906) (46,483) (46,483) Customer advance payments (2,314) (2,314) (4,752) (4,752) Accrued liabilities (32,234) (32,234) (30,271) (30,271) Derivative instruments 617 617 (858) (858) Long-term debt ($90,000) ($90,000) ($105,000) ($105,000) 9 EXCO TECHNOLOGIES LIMITED NOTES TO CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) $(000)’s except per share amounts 7. LONG-TERM DEBT On March 25, 2024, the Company renewed the Committed Revolving Credit Facility (“the Credit Facility”) of $150,000 to extend the maturity date to March 25, 2027. As at September 30, 2025, $90,000 was utilized (September 30, 2024 - $105,000). The facility is collateralized by a general security agreement covering all assets of the Company’s subsidiaries located in Canada and the US, with the exception of real property. The Credit Facility is available
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to fund working capital, capital expenditures and other general corporate purposes of the Company and its subsidiaries, including acquisitions. Interest rates vary based on prime, bankers’ acceptance or CORRA base rates plus a relevant margin depending on the level of the Company’s net leverage ratio and as at September 30, 2025 average interest rate was 4.4% (Q4-2024 - 6.4%). Pursuant to the terms of the Credit Facility, Exco is required to maintain compliance with certain financial covenants. The Company was in compliance with these covenants as at September 30, 2025. 8. SHARE CAPITAL In each of February 2025 and 2024 the Company received approval from the Toronto Stock Exchange for a normal course issuer bid for the following 12-month period. The Company’s Board of Directors authorized the purchase of up to 1,770,513 and 1,780,000 common shares under each of these normal course issuer bids, respectively, which represented approximately 5% of the Company’s outstanding common shares at each approval date. During the fourth quarter and year-to-date 196,949 and 519,050 common shares were repurchased (2024- 49,325 and 360,702). As at September 30, 2025 the Company had 38,032,712 common shares issued and outstanding. 9. SEGMENTED INFORMATION Business segments The Company operates in two reportable business segments: Casting and Extrusion Technology (“Casting and Extrusion”) and Automotive Solutions. The Casting and Extrusion segment is comprised of Extrusion Technologies, Casting Technologies, and Castool (extrusion and casting technology), which serve to design, develop and manufacture tooling and consumable parts for both die-casting and aluminum extrusion machines for industrial applications and serve automotive markets globally. The aggregation of the above operating segments reflects, in the view of management, the similarity in economic characteristics as well the similar products sold and a comparable class of customers. The Automotive Solutions segment produces automotive interior components and assemblies primarily for seating, cargo storage and restraint for sale to automotive manufacturers and Tier 1 suppliers (suppliers to automakers). The Company evaluates the performance of its operating segments primarily based on net income before interest, other income (expense) and income tax expense. The Company evaluates the performance of its operating segments primarily based on pre-tax income before interest. The Corporate segment involves administrative expenses that are not directly related to the business activities of the above two operating segments. 10 EXCO TECHNOLOGIES LIMITED NOTES TO CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) $(000)’s except per share amounts Three Months Ended September 30, 2025 Casting and Extrusion Automotive Solutions Corporate Total Sales $77,102 $78,316 $- $155,418 Intercompany sales (4,354) (368) - (4,722) Net sales 72,748 77,948 - 150,696 Depreciation 6,929 1,236 25 8,190 Amortization 374 711 - 1,085 Segment pre-tax income (loss) before interest 4,510 5,098 (914) 8,694 Net interest expense (1,159) Income before income taxes 7,535 Property, plant and equipment additions 7,033 4,009 - 11,042 Property, plant and equipment, net 193,070 42,836 1,226 237,132 Intangible asset additions 85 - - 85 Intangible assets, net 10,060 15,265 - 25,325 Goodwill 31,790 67,836 - 99,626 Total assets 406,696 242,374 (34,829) 614,241 Total liabilities 55,006 54,696 97,289 206,991 Three Months Ended Sep
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tember 30, 2024 Casting and Extrusion Automotive Solutions Corporate Total Sales $82,025 $79,721 $- $161,746 Intercompany sales (5,740) (559) - (6,299) Net sales 76,285 79,162 - 155,447 Depreciation 6,645 1,181 22 7,848 Amortization 357 223 - 580 Segment pre-tax income (loss) before interest 6,312 7,836 (1,956) 12,192 Net interest expense (1,772) Income before income taxes 10,420 Property, plant and equipment additions 6,133 2,335 - 8,468 Property, plant and equipment, net 186,930 37,310 1,193 225,433 Intangible asset additions 195 28 - 223 Intangible assets, net 10,375 17,454 - 27,829 Goodwill 29,346 64,615 - 93,961 Total assets 402,252 236,101 (31,352) 607,001 Total liabilities 55,703 57,396 112,630 225,729 11 EXCO TECHNOLOGIES LIMITED NOTES TO CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) $(000)’s except per share amounts Twelve Months Ended September 30, 2025 Casting and Extrusion Automotive Solutions Corporate Total Sales $323,324 $315,687 $- $639,011 Intercompany sales (21,889) (1,859) - (23,748) Net sales 301,435 313,828 - 615,263 Depreciation 26,177 4,800 73 31,050 Amortization 1,457 2,871 - 4,328 Segment pre-tax income (loss) before interest 15,313 25,056 (6,722) 33,647 Net interest expense (5,055) Income before income taxes 28,592 Property, plant and equipment additions 26,190 9,233 132 35,555 Property, plant and equipment, net 193,070 42,836 1,226 237,132 Intangible asset additions 417 141 - 558 Intangible assets, net 10,060 15,265 - 25,325 Goodwill 31,790 67,836 - 99,626 Total assets 406,696 242,374 (34,829) 614,241 Total liabilities 55,006 54,696 97,289 206,991 Twelve Months Ended September 30, 2024 Casting and Extrusion Automotive Solutions Corporate Total Sales $332,900 $333,511 $- $666,411 Intercompany sales (25,994) (2,626) - (28,620) Net sales 306,906 330,885 - 637,791 Depreciation 25,809 4,344 84 30,237 Amortization 1,370 2,743 - 4,113 Segment pre-tax income (loss) before interest 22,470 32,503 (7,162) 47,811 Net interest expense (8,278) Income before income taxes 39,533 Property, plant and equipment additions 26,749 6,298 - 33,047 Property, plant and equipment, net 186,930 37,310 1,193 225,433 Intangible asset additions 774 84 - 858 Intangible assets, net 10,375 17,454 - 27,829 Goodwill 29,346 64,615 - 93,961 Total assets 402,252 236,101 (31,352) 607,001 Total liabilities 55,703 57,396 112,630 225,729 12 EXCO TECHNOLOGIES LIMITED NOTES TO CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) $(000)’s except per share amounts 10. NET CHANGE IN NON-CASH WORKING CAPITAL Three Months Ended September 30 Twelve Months Ended September 30 2025 2024 2025 2024 Accounts receivable $1,971 $10,073 $6 $17,303 Inventories (2,591) (3,653) 10,638 1,184 Prepaid expenses and deposits 1,986 1,001 368 (721) Trade accounts payable 3,705 2,825 (1,218) (7,680) Accrued payroll and taxes 218 282 543 (178) Other accrued liabilities 916 (1) 220 (5,287) Provisions 98 897 2,072 1,442 Customer advance payments (1,041) (1,404) (2,644) (396) Income taxes payable 1,443 2,191 (5,704) 4,428 $6,705 $12,211 $4,281 $10,095 11. INCOME TAXES The consolidated effective income tax rates for the three- and twelve- month periods ended September 30, 2025 were -9.2% and 15.0% (three- and twelve- month periods ended September 30, 2024 – 25.8% and 25.1%). The lower income tax rate in the quarter and year-to-date is due to the reversal of provisions reducing the value of future tax assets that can now be recognized due to improved profita
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bility in foreign jurisdictions in addition to geographic distribution, foreign tax rate differentials and a shift in the proportion of earnings from jurisdictions with higher tax rates or minimum tax requirements. 13 CORPORATE INFORMATION Exco Technologies Limited is a global supplier of innovative technologies servicing the die-cast, extrusion and automotive industries. Through our 21 strategic locations in 9 countries, we employ approximately 4,500 people and service a diverse and broad customer base. Telephone: 905-477-3065 Fax: 905-477-2449 Web: www.excocorp.com TORONTO STOCK EXCHANGE LISTING TSX:XTC DIRECTORS Edward H. Kernaghan Darren M. Kirk, President and CEO Robert B. Magee, Lead Director Colleen M. McMorrow Brian A. Robbins, Executive Chairman Tommy J. Skudutis CORPORATE OFFICERS Brian A. Robbins, PEng Executive Chairman Darren M. Kirk, CFA, MBA President and CEO Matthew Posno, CPA, CA, MBA Vice President Finance, CFO and Secretary TRANSFER AGENT TSX Trust Company 301-100 Adelaide Street West Toronto, Ontario M5H 4H1 Shareholder Inquiries: Telephone: 1-866-600-5869 Email: [email protected] Web: www.tsxtrust.com 14
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