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Quarterly Update

Q4 2025

Quarterly Update

A Message from the Chairman

Terry Matthews - Chairman

We are operating in a different global environment than even a year ago. Economic headwinds remain, geopolitical tensions are elevated, and technology cycles continue to compress.

As I reflect on the end of 2025 and we move into 2026, these challenging times require the need to be laser focused, get your timing right and to lean into partnerships that matter.

Periods of uncertainty have always created opportunity for disciplined builders. Across the Wesley Clover International ecosystem, we see companies leaning into execution, strengthening fundamentals, and focusing on markets where they can win.

Teldio advanced its evolution into unified security intelligence with Teldio Fabric, positioning itself squarely at the intersection of AI, operational resilience, and critical infrastructure, markets that demand precision and long-term thinking.
Edge Signal is pushing intelligence to the edge, delivering real-time AI capabilities that reduce latency, strengthen data sovereignty, and enable operational decisions where and when they matter most.

Celestra Health continues to gain traction with pharmaceutical partners and leading trials, reinforcing its position as a global leader in monitoring and managing neurological diseases.

Cliniconex demonstrated what scale with intention looks like in healthcare automation, driving measurable efficiency gains for providers across North America.

Within our broader ecosystem, momentum continues. Our Alacrity programs globally are nurturing the next-generation of entrepreneurs, while L-SPARK is powering two critically important initiatives, the Mitel Unified Communications Accelerator and TELUS’ Sovereign AI Factory, reinforcing the importance of Canadian sovereign solutions and infrastructure in a shifting geopolitical climate.

KRP Properties continues to evolve Kanata North, home to Canada’s largest technology park, with the launch of The Clyne, a sustainable residential redevelopment that reflects our long-term commitment to creating space for people to live, work and play. International recognition and world-class global events reinforced the strength of the Celtic Manor Resort and Celtic Collection Hotels and the International Convention Centre Wales, acting as important conveners — spotlighting innovation and connecting business, government, and global investors.

Thank you for your ongoing support.

—Kind Regards,
Terry Matthews
Chairman

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