Investor Presentaiton

Learning Financial Performance — Revenues (in millions of $) 62 62 63 58 75 92 Gross Profit & Margin (in millions of $, except margin) 23.3 Adj. EBITDA¹ & Margin¹ (in millions of $, except margin) 16.9 17.3 Simfront acquisition 12.4 11.9 12.5 12.5 25.4% 8.6 8.8 8.6 18.4% 23.2% 16.7% 19.9% 21.5% 14.8% 19.3% 14.0% 13.9% 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 Gross Profit Gross Margin 60 60 2018 2019 2020 2021 2022 Adj. EBITDA Adj. EBITDA Margin 1) This is a non-GAAP measure. Please refer to the MD&A. Driven by continued demand in the military learning and preparedness market 40 YEARS OF CALIAN

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