Update From Ironman Leadership

Executive Summary

• Ironman International Ltd. provided a comprehensive update on its directional drilling and telecom operations, highlighting strong bid activity (220+ bids) and anticipated robust workflow for FY 2026.
• The company announced the launch of a new division, Ironman Pipe Inspection (Ironman PI), to offer pipeline inspection services across North America.
• Shares were upgraded to trade on the OTCQB Venture Market under the symbol IMITF as of February 18 2026.

Key Details

• Directional drilling segment follows seasonal schedule; crews remained active this winter with a full work pipeline.
• Telecom segment (Lite Access) continues to deliver stable, year‑round revenue in Greater Vancouver.
• Over 220 bids were submitted in Dec 2025–Jan 2026 for projects in BC, Alberta, Northwest Territories, Alaska and the continental US.
• FY 2024 audited financials showed significant growth from expansion into Alaska; FY 2025 revenues will be announced in March with guidance for FY 2026.
• Staff doubled between end‑FY 2024 and end‑FY 2025, supporting expanded capabilities and new service offerings.
• New division Ironman Pipe Inspection (Ironman PI) will provide comprehensive pipeline inspection services, leveraging existing civil works expertise and customer network; website: www.ironmanpi.com.
• Incentive stock options were granted to directors, officers, employees and consultants as previously announced (Nov 28 2025).
• Shares upgraded to OTCQB Venture Market (symbol IMITF) and began trading on February 18 2026.

Notable Quotes

“We are focused on delivering strong results for 2026 through relentless execution, pursuing bold innovations, achieving disciplined expansion and fostering alignment to build enduring shareholder value.” – Michael Irmen, Director and CEO

Materiality Assessment: Non‑Material – Positive (provides forward‑looking operational updates and a market listing upgrade but does not contain definitive financial results or material transactions).