Dear Shareholders, Partners, and Colleagues,

As we usher in a new year, I am filled with immense pride and optimism for what lies ahead for Addvalue Technologies. We enter this year from a position of unprecedented strength, backed by a healthy order book, which stood at $22 million in our SGX announcement on 8 December 2025.

Driven by the expansion of our two core business segments, Space Connectivity (SPC) and Advanced Digital Radio (ADR), we achieved notable advancements throughout 2025. We anticipate that this positive trajectory will continue, fostering sustained growth into 2026.

Strengthening Our Fundamentals for Sustained Growth

Our strategy is grounded in resilience and innovation. As we look towards the future, our commitment to sustainable profitability and market leadership centres around the following key initiatives:

• Accelerating Space Connectivity:
  We aim to deepen our penetration into the global space market by leveraging the unique value proposition of Inter-Satellite Data Relay System (IDRS). As the demand for real-time, “always-on” satellite connectivity continues to grow, Addvalue is well positioned to be a critical enabler within this evolving landscape.
• Boarding Advanced Digital Radio Solutions:
  Our ADR business continues to grow to meet the needs of a software-defined world. We are expanding our offerings to capture growth in advanced, compact embedded digital electronics systems, targeting increasingly complex applications across multiple industries.
• Boosting Delivery Capacity:
  To keep pace with our expanding order book, we are proactively enhancing our production capacity. Our focus is steadfast on delivering high-quality solutions to our clients, ensuring timely fulfilment with every project.
• Augmenting Cybersecurity Resiliency:
  We run a comprehensive cybersecurity program featuring hardened IT infrastructure, cloud-based security monitoring in real time, strong multi-factor access controls, and advanced endpoint protection as we are prepared for cybersecurity certification. By routinely managing vulnerabilities and embedding cybersecurity risk into our daily operations, we stay vigilant guarding against online threats.

Innovation through Intelligence and Partnerships

To achieve a quantum leap in performance, we are embracing the future of technology and capital through these strategic actions:

• AI Transformation:
  We are broadening the integration of AI technologies to develop smart, autonomous systems. By augmenting our capabilities with AI, we aim to significantly improve operational efficiency and accelerate innovation in our product offerings.
• Unlocking Strategic Potential:
  We remain committed to seeking new opportunities to scale. This includes forging strategic partnerships and exploring new capital market opportunities to ensure we have the necessary resources and alliances to amplify our global footprint.

Looking Ahead

The progress we have achieved this past year is a testament to the commitment of our team and the sustained confidence of our stakeholders. Collectively, we are not merely contributors to the technology and space sectors; we are instrumental in shaping their future trajectory.

We appreciate your continued support and look forward to making this coming year yet another new pinnacle in Addvalue’s record of achievement.

Warmest regards,
CEO, Addvalue Technologies Ltd