Erin McMahon

Thank you for joining us today. This is Axe Compute's Q1 2026 Investor Presentation.

Before we begin, I'd like to direct everyone to Slide 2, which contains our important legal disclosures and forward-looking statements. Please take a moment to review. Note that today's discussion includes forward-looking statements subject to the risks and uncertainties described in our filings. We'd encourage everyone to review our 10-K filed March 31, 2026, and our 10-Q filed May 15, 2026, for the full picture.

With that, I'll now hand it over to our CEO, Chris Miglino, to get us started.

Christopher Miglino
CEO & Director

Thank you, Erin. Good morning, and thanks for joining us. I'm Chris Miglino, the CEO of Axe Compute. With me today are Josh Blacher, our outgoing Chief Financial Officer; and Jeremy Yaukey-Witter, our incoming CFO; and Kyle Okamoto, our President.

Today we're presenting our Q1 2026 earnings. We appreciate you taking the time to hear about the company. I realize that a lot of you may be new to our story. So today, I want to tell you 3 things: what we do, why it works and where we're going.

Enterprises have been told to work with the constraints of whatever compute data centers happen to have available: on their timeline, at their price, in their location. If you want GPUs, they tell you to get in line, 36 to 52-week wait list, and you have to take the region that the data center offers. You have to take the architecture they support. They want the off-takers, the renters of that equipment, to configure their business around what they can give you. That's the compromises that