Namesilo may buy back up to 4.5 million shares

• NameSilo Technologies Corp. announced a Normal Course Issuer Bid (NCIB) to purchase up to 4.5 million common shares, representing approximately 4.99% of outstanding equity.
• The bid period runs from April 17, 2026 through April 17, 2027.
• Canaccord Genuity Corp. is appointed as the exclusive agent for the repurchase program.
• All acquired shares will be cancelled and returned to treasury, reducing total share count.
• Management states the current market price does not fully reflect underlying value and future prospects of the business.

• The NCIB represents a significant capital allocation decision given the company recently deployed $4.5 million for the Reach Systems acquisition and $2.45 million for SewerVUE.
• Committing to buy back nearly 5% of the float signals strong management confidence in post-acquisition valuation, countering potential dilution concerns from recent equity issuances.
• The cancellation of shares will be accretive to Earnings Per Share (EPS), supporting long-term shareholder value creation.
• This follows a period of debt elimination and record Q3 2025 revenue growth, confirming financial stability required for such a program.
• While NCIBs are common, the explicit valuation commentary combined with the size relative to market cap elevates this beyond routine administrative activity.

• NameSilo Technologies Corp. operates as a diversified technology holding company with two primary segments: Domain Registration (NameSilo LLC) and Industrial Inspection Robotics (SewerVUE Technology Corp.).
• Flagship Project: SewerVUE provides large-diameter pipe inspection using LiDAR, sonar, HD-CCTV, and radar for critical infrastructure monitoring.
• Recent Expansion: Acquisition of Reach Systems Inc. adds remote-inspection robotics manufacturing capabilities, creating a vertically integrated industrial platform.
• Domain Business: Manages over 6 million domains (top 1% of ICANN registrars) with CAGR >22%.