Form 8-K

8-K — Silicon Valley Acquisition Corp.

Accession: 0001213900-26-114385

Filed: 2026-10-30

Period: 2026-10-27

CIK: 0002085659

SIC: 7372 (SERVICES-PREPACKAGED SOFTWARE)

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — ea0309800-8k425_silicon.htm (Primary)

EX-99.1 — INVESTOR PRESENTATION, DATED OCTOBER 27, 2026 (ea030980001ex99-1.htm)

EX-99.2 — TRANSCRIPT OF INVESTOR DAY PRESENTATION MADE ON OCTOBER 27, 2026 (ea030980001ex99-2.htm)

GRAPHIC (ea030980001_ex99-1img1.jpg)

GRAPHIC (ea030980001_ex99-1img2.jpg)

GRAPHIC (ea030980001_ex99-1img3.jpg)

GRAPHIC (ea030980001_ex99-1img4.jpg)

GRAPHIC (ea030980001_ex99-1img5.jpg)

GRAPHIC (ea030980001_ex99-1img6.jpg)

GRAPHIC (ea030980001_ex99-1img7.jpg)

GRAPHIC (ea030980001_ex99-1img8.jpg)

GRAPHIC (ea030980001_ex99-1img9.jpg)

GRAPHIC (ea030980001_ex99-1img10.jpg)

GRAPHIC (ea030980001_ex99-1img11.jpg)

GRAPHIC (ea030980001_ex99-1img12.jpg)

GRAPHIC (ea030980001_ex99-1img13.jpg)

GRAPHIC (ea030980001_ex99-1img14.jpg)

GRAPHIC (ea030980001_ex99-1img15.jpg)

GRAPHIC (ea030980001_ex99-1img16.jpg)

GRAPHIC (ea030980001_ex99-1img17.jpg)

GRAPHIC (ea030980001_ex99-1img18.jpg)

GRAPHIC (ea030980001_ex99-1img19.jpg)

GRAPHIC (ea030980001_ex99-1img20.jpg)

GRAPHIC (ea030980001_ex99-1img21.jpg)

GRAPHIC (ea030980001_ex99-1img22.jpg)

GRAPHIC (ea030980001_ex99-1img23.jpg)

GRAPHIC (ea030980001_ex99-1img24.jpg)

GRAPHIC (ea030980001_ex99-1img25.jpg)

GRAPHIC (ea030980001_ex99-1img26.jpg)

GRAPHIC (ea030980001_ex99-1img27.jpg)

GRAPHIC (ea030980001_ex99-1img28.jpg)

GRAPHIC (ea030980001_ex99-1img29.jpg)

GRAPHIC (ea030980001_ex99-1img30.jpg)

GRAPHIC (ea030980001_ex99-1img31.jpg)

GRAPHIC (ea030980001_ex99-1img32.jpg)

GRAPHIC (ea030980001_ex99-1img33.jpg)

GRAPHIC (ea030980001_ex99-1img34.jpg)

GRAPHIC (ea030980001_ex99-1img35.jpg)

GRAPHIC (ea030980001_ex99-1img36.jpg)

GRAPHIC (ea030980001_ex99-1img37.jpg)

GRAPHIC (ea030980001_ex99-1img38.jpg)

GRAPHIC (ea030980001_ex99-1img39.jpg)

GRAPHIC (ea030980001_ex99-1img40.jpg)

GRAPHIC (ea030980001_ex99-1img41.jpg)

GRAPHIC (ea030980001_ex99-1img42.jpg)

GRAPHIC (ea030980001_ex99-1img43.jpg)

GRAPHIC (ea030980001_ex99-1img44.jpg)

GRAPHIC (ea030980001_ex99-1img45.jpg)

GRAPHIC (ea030980001_ex99-1img46.jpg)

GRAPHIC (ea030980001_ex99-1img47.jpg)

GRAPHIC (ea030980001_ex99-1img48.jpg)

GRAPHIC (ea030980001_ex99-1img49.jpg)

GRAPHIC (ea030980001_ex99-1img50.jpg)

GRAPHIC (ea030980001_ex99-1img51.jpg)

GRAPHIC (ea030980001_ex99-1img52.jpg)

GRAPHIC (ea030980001_ex99-1img53.jpg)

GRAPHIC (ea030980001_ex99-1img54.jpg)

GRAPHIC (ea030980001_ex99-1img55.jpg)

GRAPHIC (ea030980001_ex99-1img56.jpg)

GRAPHIC (ea030980001_ex99-1img57.jpg)

GRAPHIC (ea030980001_ex99-1img58.jpg)

GRAPHIC (ea030980001_ex99-1img59.jpg)

GRAPHIC (ea030980001_ex99-1img60.jpg)

GRAPHIC (ea030980001_ex99-1img61.jpg)

GRAPHIC (ea030980001_ex99-1img62.jpg)

GRAPHIC (ea030980001_ex99-1img63.jpg)

GRAPHIC (ea030980001_ex99-1img64.jpg)

GRAPHIC (ea030980001_ex99-1img65.jpg)

GRAPHIC (ea030980001_ex99-1img66.jpg)

GRAPHIC (ea030980001_ex99-1img67.jpg)

GRAPHIC (ea030980001_ex99-1img68.jpg)

GRAPHIC (ea030980001_ex99-1img69.jpg)

GRAPHIC (ea030980001_ex99-1img70.jpg)

GRAPHIC (ea030980001_ex99-1img71.jpg)

GRAPHIC (ea030980001_ex99-1img72.jpg)

GRAPHIC (ea030980001_ex99-1img73.jpg)

GRAPHIC (ea030980001_ex99-1img74.jpg)

GRAPHIC (ea030980001_ex99-1img75.jpg)

GRAPHIC (ea030980001_ex99-1img76.jpg)

GRAPHIC (ea030980001_ex99-1img77.jpg)

GRAPHIC (ea030980001_ex99-1img78.jpg)

GRAPHIC (ea030980001_ex99-1img79.jpg)

GRAPHIC (ea030980001_ex99-1img80.jpg)

GRAPHIC (ea030980001_ex99-1img81.jpg)

GRAPHIC (ea030980001_ex99-1img82.jpg)

GRAPHIC (ea030980001_ex99-1img83.jpg)

GRAPHIC (ea030980001_ex99-1img84.jpg)

GRAPHIC (ea030980001_ex99-1img85.jpg)

GRAPHIC (ea030980001_ex99-1img86.jpg)

GRAPHIC (ea030980001_ex99-1img87.jpg)

GRAPHIC (ea030980001_ex99-1img88.jpg)

GRAPHIC (ea030980001_ex99-1img89.jpg)

GRAPHIC (ea030980001_ex99-1img90.jpg)

GRAPHIC (ea030980001_ex99-1img91.jpg)

GRAPHIC (ea030980001_ex99-1img92.jpg)

GRAPHIC (ea030980001_ex99-1img93.jpg)

GRAPHIC (ea030980001_ex99-1img94.jpg)

GRAPHIC (ea030980001_ex99-1img95.jpg)

GRAPHIC (ea030980001_ex99-1img96.jpg)

GRAPHIC (ea030980001_ex99-1img97.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — CURRENT REPORT

8-K (Primary)

Filename: ea0309800-8k425_silicon.htm · Sequence: 1

false

0002085659

00-0000000

0002085659

2026-10-27

0002085659

SVAQW:UnitsEachConsistingOfOneClassOrdinaryShareAndOnehalfOfOneRedeemableWarrantMember

2026-10-27

0002085659

SVAQW:ClassOrdinarySharesParValue0.0001PerShareMember

2026-10-27

0002085659

SVAQW:WarrantsEachWholeWarrantExercisableForOneClassOrdinaryShareAtExercisePriceOf11.50Member

2026-10-27

iso4217:USD

xbrli:shares

iso4217:USD

xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or Section 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

October 27, 2026

Silicon Valley Acquisition Corp.

(Exact name of registrant as specified in its

charter)

Cayman Islands

001-43030

N/A

(State or other jurisdiction of

incorporation or organization)

(Commission File Number)

(I.R.S. Employer

Identification Number)

425 Page Mill Rd., Suite 200, 2nd Floor

Palo Alto, CA

94306

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including

area code: (650) 206-8315

N/A

(Former name or former address, if changed since

last report)

Check the appropriate box below if the Form 8-K

filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:

☒

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant

SVAQU

The Nasdaq Stock Market LLC

Class A ordinary shares, par value $0.0001 per share

SVAQ

The Nasdaq Stock Market LLC

Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50

SVAQW

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant

is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☒

If an emerging growth company, indicate by check

mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting

standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01 Regulation

FD Disclosure

As previously disclosed,

on June 17, 2026, Silicon Valley Acquisition Corp., a Cayman Islands exempted company (“SVAQ”, and following the Business

Combination Closing, “PubCo”), entered into a Business Combination Agreement (as amended by that certain Amendment

No. 1, dated as of August 6, 2026, that certain Amendment No. 2, dated as of September 17, 2026, and that certain Amendment No. 3, dated

as of September 26, 2026 the “Business Combination Agreement”), with SVAQ Merger Sub Inc., a Delaware corporation

and a direct wholly owned subsidiary of SVAQ (“Merger Sub”), and EigenQ, Inc., a Delaware corporation (“EigenQ”

or the “Company”), pursuant to which, among other things and subject to the terms and conditions contained therein,

(i) SVAQ will transfer by way of continuation from the Cayman Islands to the State of Delaware and domesticate (the “Domestication”)

as a Delaware corporation prior to the consummation of the Business Combination (the “Business Combination Closing”),

and (ii) Merger Sub will merge with and into the Company (the “Merger”, together with the Domestication and such other

transactions contemplated under the Business Combination Agreement, collectively, the “Business Combination”), with

the Company continuing as the surviving company. After giving effect to the Merger, the Company will be a wholly-owned subsidiary of

SVAQ.

In connection with the

Business Combination, EigenQ held an investor day (the “Investor Day”) on October 27, 2026.

Furnished herewith as Exhibit 99.1 and incorporated into this Item

7.01 by reference is an investor presentation that EigenQ and SVAQ prepared for use in connection with the Investor Day. A copy of

the transcript of the presentation related to the Investor Day is furnished as Exhibit 99.2 to this Current Report on Form 8-K.

The information set forth under this Item 7.01, including the exhibit

attached hereto, is intended to be furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities

Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor

shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”),

or the Exchange Act, except as expressly set forth by specific reference in such filing.

Additional Information

and Where to Find It

The proposed Business

Combination by and between EigenQ and SVAQ will be submitted to the shareholders of SVAQ for their consideration. SVAQ and EigenQ have

filed the Registration Statement, which includes a preliminary proxy statement. The definitive proxy statement will be distributed to

SVAQ’s shareholders in connection with SVAQ’s solicitation for proxies for the vote by SVAQ’s shareholders in connection

with the proposed Business Combination and other matters as described in the Registration Statement, as well as a prospectus relating

to the securities to be issued in connection with the completion of the proposed Business Combination. After the Registration Statement

has been declared effective by the Securities and Exchange Commission (the “SEC”), SVAQ will mail a definitive proxy statement and other relevant documents to its shareholders as

of the record date established for voting on the proposed Business Combination.

SVAQ’s shareholders

and other interested persons are advised to read, once available, the preliminary proxy statement/prospectus and any amendments thereto

and, once available, the definitive proxy statement/prospectus in connection with SVAQ’s solicitation of proxies for its extraordinary

general meeting of shareholders to be held to approve, among other things, the proposed Business Combination, because these documents

will contain important information about SVAQ, EigenQ and the proposed Business Combination. This Current Report does not contain all

the information that should be considered concerning the Business Combination and other matters and is not intended to provide the basis

for any investment decision or any other decision in respect of such matters. SVAQ and EigenQ may also file other documents with the SEC

regarding the Business Combination. Shareholders may also obtain a copy of the preliminary or definitive proxy statement/prospectus, once

available, as well as other documents filed with the SEC regarding the proposed Business Combination and other documents filed with the

SEC by SVAQ, without charge, at the SEC’s website located at www.sec.gov or by directing a request to Silicon Valley Acquisition

Corp., 425 Page Mill Rd., Suite 200, 2nd Floor, Palo Alto, CA 94306.

Participants in

the Solicitation

SVAQ, EigenQ and certain

of their respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be

participants in the solicitations of proxies from SVAQ’s shareholders in connection with the proposed Business Combination. Information

regarding the persons who may, under SEC rules, be deemed participants in the solicitation of SVAQ’s shareholders in connection

with the proposed Business Combination will be set forth in SVAQ’s proxy statement/prospectus when it is filed with the SEC. You

can find more information about SVAQ’s directors and executive officers in SVAQ’s 2025 Annual Report on Form 10-K filed with

the SEC on March 31, 2026. Additional information regarding the participants in the proxy solicitation and a description of their direct

and indirect interests is set forth in Registration Statement, which includes the proxy statement/prospectus. Shareholders, potential

investors and other interested persons should read the proxy statement/prospectus carefully when it becomes available before making any

voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.

No Offer or Solicitation

This Current Report does not constitute a solicitation of a proxy,

consent, or authorization with respect to any securities or in respect of the proposed Business Combination. This Current Report also

does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval,

nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration

or qualification under the securities laws of any such jurisdiction. This Current Report is not, and under no circumstances is to be construed

as, a prospectus, an advertisement or a public offering of the securities described herein in the United States or any other jurisdiction.

No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act, or an exemption therefrom.

Investors should consult with their counsel as to the applicable requirements for a purchaser to avail itself of any exemption under the

Securities Act.

Forward-Looking

Statements

This Current Report and

exhibits attached hereto contain certain forward-looking statements within the meaning of the U.S. federal securities laws with respect

to the proposed Business Combination and the parties thereto. All statements contained in this Current Report other than statements of

historical fact, including, without limitation, statements regarding the proposed Business Combination between SVAQ and EigenQ; the anticipated

benefits and timing of the proposed Business Combination; expected trading of the combined company’s securities on Nasdaq; the combined

company’s future financial performance; the ability of the combined company to execute its business strategy, its market opportunity

and positioning; and other statements regarding management’s intentions, beliefs, or expectations with respect to the combined company’s

future performance, are forward-looking statements. Forward-looking statements may be identified by the use of words such as “estimate,”

“plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,”

“believe,” “seek,” “target” or other similar expressions that predict or indicate future events or

trends or that are not statements of historical matters. These statements are based on various assumptions, whether or not identified

in this Current Report, and on the current expectations of EigenQ’s and SVAQ’s management and are not predictions of actual

performance.

These forward-looking statements are provided for illustrative purposes

only and are not intended to serve as and must not be relied on by any investor as a guarantee, an assurance, a prediction or a definitive

statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions.

Many actual events and circumstances are beyond the control of EigenQ and SVAQ. These forward-looking statements are subject to a number

of risks and uncertainties, including (1) the occurrence of any event, change or other circumstances that could give rise to the termination

of the proposed Business Combination; (2) the outcome of any legal proceedings that may be instituted against EigenQ or SVAQ, the combined

company or others following the announcement of the proposed Business Combination; (3) the inability to complete the proposed Business

Combination due to the failure to obtain approval of the shareholders of EigenQ or SVAQ or to satisfy other conditions to the Business

Combination Closing; (4) changes to the proposed structure of the proposed Business Combination that may be required or appropriate as

a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the proposed Business Combination; (5)

the ability to meet stock exchange listing standards following the consummation of the proposed Business Combination; (6) the risk that

the proposed Business Combination disrupts current plans and operations of EigenQ as a result of the announcement and consummation of

the proposed Business Combination; (7) EigenQ’s ability to scale and grow its business, and the ability to recognize the anticipated

benefits of the proposed Business Combination, which may be affected by, among other things, competition and the ability of the combined

company to grow and manage growth profitably, maintain relationships with customers and retain its management and key employees; (8) the

ability to implement business plans, forecasts, identify and realize additional opportunities, and other expectations; (9) political,

social or economic instability in the emerging markets, including the Middle East, and other countries in which EigenQ, the post-combination

company, relevant OEMs and other channel participants and customers of some or all of the foregoing operate or plan to operate; (10) risks

relating to product development and commercialization timing, OEM integration, customer adoption and strategic partnerships; (11) EigenQ’s

ability to maintain and recognize benefits from its existing strategic relationships; (12) costs related to the proposed Business Combination;

(13) changes in applicable laws or regulations; (14) changes in government mandates, requirements and standards as they relate to quantum

security and infrastructure; (15) EigenQ’s estimates of expenses and profitability and underlying assumptions with respect to shareholder

redemptions and purchase price and other adjustments; (16) any downturn or volatility in economic conditions; (17) changes in the competitive

environment affecting EigenQ or its customers, including EigenQ’s inability to introduce new products or technologies; (18) the

impact of pricing pressure and erosion; (19) supply chain risks; (20) risks to EigenQ’s ability to protect its intellectual property

and avoid infringement by others, or claims of infringement against EigenQ; (21) the possibility that EigenQ or SVAQ may be adversely

affected by other economic, business and/or competitive factors; (22) EigenQ’s estimates of its financial performance; (23) the

potential dilution to the holders of EigenQ’s and SVAQ’s securities resulting from the issuance of the securities contemplated

by that certain securities purchase agreement entered into by EigenQ, SVAQ and an institutional investor (the “Secured Investor”)

on September 17, 2026 (the “Secured Purchase Agreement” and the senior secured notes issued thereto, the “Secured

Notes”) and that certain securities purchase agreement entered into by EigenQ, SVAQ with a special purpose investment vehicle

(the “Unsecured Investor”) on October 19, 2026 (the “Unsecured Purchase Agreement” and the subordinated

unsecured promissory notes issued thereto, the “Unsecured Notes); (24) risks relating to the granting of security interests

in EigenQ’s (and after the Business Combination Closing, PubCo’s) assets, the potential enforcement of such security interests

in the event of a default or other event of enforcement, the potential loss of assets securing such obligations, and the resulting adverse

effects on EigenQ or PubCo; (25) risks relating to the applicable covenants and other requirements under the Secured Purchase Agreement,

the Unsecured Purchase Agreement, the Secured Notes or the Unsecured Notes, and the consequences of any default or failure to comply therewith;

(26) risks relating to the unsecured and subordinated status of the Unsecured Notes, including the restrictions on payments and enforcement

under the subordination agreement dated as of October 19, 2026 (the “Subordination Agreement”), by and among the Unsecured

Investor, EigenQ, an affiliate of the Secured Investor, as collateral agent for the holders of the Secured Notes (the “Secured

Agent”) and PubCo as an obligor following the Business Combination Closing; (27) risks related to the fact that SVAQ is incorporated

in the Cayman Islands and governed by Cayman Islands law; and those factors discussed in the Registration Statement, SVAQ’s Annual

Report on Form 10-K for the period ended December 31, 2025, and Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, in

each case, under the heading “Risk Factors,” and subsequent Quarterly Reports on Form 10-Q, the Registration Statement and

proxy statement/prospectus, or other documents that will be filed with the SEC. If any of these risks materialize or our assumptions prove

incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional

risks that neither EigenQ nor SVAQ presently knows or that EigenQ and SVAQ currently believe are immaterial that could also cause actual

results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect EigenQ’s

and SVAQ’s expectations, plans or forecasts of future events and views as of the date of this Current Report. EigenQ and SVAQ anticipate

that subsequent events and developments will cause EigenQ’s and SVAQ’s assessments to change. However, while EigenQ and SVAQ

may elect to update these forward-looking statements at some point in the future, EigenQ and SVAQ specifically disclaim any obligation

to do so. These forward-looking statements should not be relied upon as representing EigenQ’s and SVAQ’s assessments as of

any date after the date of this Current Report. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Item 9.01. Financial Statements and Exhibits.

Exhibit No.

Description

99.1

Investor Presentation, dated October 27, 2026.

99.2

Transcript of Investor Day presentation made on October 27, 2026 (furnished herewith).

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements

of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto

duly authorized.

Date: October 30, 2026

SILICON VALLEY ACQUISITION CORP.

By:

/s/ Dan Nash

Name:

Dan Nash

Title:

Chief Executive Officer

EX-99.1 — INVESTOR PRESENTATION, DATED OCTOBER 27, 2026

EX-99.1

Filename: ea030980001ex99-1.htm · Sequence: 2

Exhibit

99.1

The Trust Layer for the Quantum Era October 27, 2026 · New York City Analyst / Investor Day Hardware-rooted | NIST-aligned | OEM-embedded © EigenQ 2026

© EigenQ 2026 Disclaimer 2 General The information contained in this presentation (including oral statements made in connection herewith, this "Presentation") has been prepared exclusively for use by selected persons in connection with an Analyst Day meeting to be held on October 27, 2026 (the "Presentation Date"). Persons who receive access to such information are referred to herein as ("Recipients"), which may include, without limitation, potential investors in EigenQ, Inc. (together with its subsidiaries, "EigenQ" or the "Company") or in Silicon Valley Acquisition Corp. ("SVAQ" or the "SPAC"), who are instructed to use the information contained in this Presentation solely for purposes of evaluating the Company, the terms of any such potential investments and the potential business combination transaction in which EigenQ and SVAQ are engaged (the "Business Combination", and together with any potential or actual financing or other transactions in which Business Combination parties may engage, collectively, the "Potential Transactions"). This Presentation is being furnished to Recipients solely for informational purposes. This Presentation is subject to updating, completion, revision, verification and further amendment. No securities regulatory authority has expressed an opinion about the securities discussed in this Presentation and it is an offense to claim otherwise. The information contained herein does not purport to be all-inclusive. Nothing herein shall be deemed to constitute investment, legal, tax, financial, accounting or other advice. Each Recipient should conduct its own independent investigation and analysis of EigenQ, SVAQ, the post-combination company, the Potential Transactions and the information contained herein and should consult its own advisors regarding legal, business, tax, accounting and related matters concerning the Potential Transactions. Neither this Presentation nor its becoming available to any Recipient shall constitute an offer to sell, invitation or other solicitation of an offer to buy any securities pursuant to Potential Transactions or otherwise, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. Only the express provisions of any definitive agreement, if and when executed, shall have any legal effect in connection with the Potential Transactions between the parties thereto. This Presentation is not intended to form the basis of any investment decision. All information herein speaks only as of (1) the Presentation Date, in each case of information about EigenQ or SVAQ (unless another date is specified with regard to particular information), or (2) the date of such information, in each case of information from persons other than EigenQ, SVAQ and any of their respective affiliates. Recipients are cautioned not to place undue reliance on forward-looking information, as actual results may be different. As previously publicly-disclosed, on June 17, 2026, EigenQ and SVAQ entered into a definitive Business Combination Agreement (as amended, and as may be further amended, modified or supplemented, the "Business Combination Agreement" or "BCA") to consummate a proposed Business Combination transaction which is the subject of the BCA and of the registration statement on Form S-4 (as amended, and as may be further amended, modified or supplemented, the "Registration Statement") filed with the U.S. Securities and Exchange Commission (the "SEC"). You are urged to carefully review the Registration Statement in its entirety, including the financial information contained therein and the section thereof entitled "Risk Factors", which contain important information regarding EigenQ, SVAQ, the post-combination company and the Potential Transactions. The Registration Statement filed with the SEC includes or will include preliminary and definitive proxy statements to be distributed to SVAQ's shareholders in connection with SVAQ's solicitation of proxies for the vote by SVAQ's shareholders in connection with the proposed Business Combination and other matters described in the Registration Statement, as well as the prospectus relating to the offer of the securities to be issued to EigenQ's and SVAQ's shareholders in connection with the completion of the proposed Business Combination. After the Registration Statement has been declared effective, a definitive proxy statement/prospectus and other relevant documents will be mailed to SVAQ's shareholders as of the record date established for voting on the proposed Business Combination; EigenQ stockholders will also be provided with equivalent information prior to being asked to vote to approve the Proposed Transactions. Before making any voting or investment decision, SVAQ's shareholders, EigenQ stockholders and other interested persons are advised to read, once available, the preliminary proxy statement/prospectus and any amendments thereto, the definitive proxy statement/prospectus, as well as other documents filed with the SEC by SVAQ in connection with the proposed Business Combination, as these documents contain important information about EigenQ, SVAQ, and the proposed Business Combination. Copies of the preliminary and definitive proxy statement/prospectus, once available, as well as other documents filed by SVAQ with the SEC, can be obtained, without charge, at the SEC's website located at www.sec.gov or, in the case of SVAQ shareholders, by directing a written request to SVAQ at 425 Page Mill Rd., Suite 200, 2nd Floor, Palo Alto, CA 94306. No Offer or Solicitation This Presentation does not constitute an offer, or a solicitation of an offer, to buy or sell any securities, investment or other specific product or service, or as a solicitation of any vote, consent, or approval, nor shall there be any sale of securities, investment or other specific product in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended (the "Securities Act"), or exemptions therefrom. No securities regulatory authority has passed upon or endorsed the merits of any Potential Transaction described herein or the accuracy or adequacy of this Presentation, and any representation to the contrary is unlawful. Forward-Looking Information This Presentation contains forward-looking statements. Any statements other than statements of historical fact contained in this Presentation, including statements as to future financial and operating, planned products and services, business strategy and plans, objectives of management for future operations of EigenQ or the post-combination company, market size and growth opportunities, competitive position and technological and market trends, are forward-looking statements. Such forward-looking statements include, but are not limited to, expectations, hopes, beliefs, intentions, plans, prospects, financial results or strategies regarding EigenQ, SVAQ and the Potential Transactions and the future held by the management team of EigenQ, SVAQ, or the post-combination company, the anticipated benefits and the anticipated timing of the Potential Transactions, future financial condition and performance of EigenQ or the post-combination company, and expected financial impacts of the Potential Transactions or any other transaction to be undertaken, the satisfaction of closing conditions to the Potential Transactions, any related transactions and the products and markets and expected future performance and market opportunities of EigenQ or the post-combination company. These forward-looking statements may be identified by the words "anticipate," "believe," "could," "expect," "estimate," "future," "intend," "may," "might," "strategy," "opportunity," "plan," "project," "possible," "potential," "project," "predict," "scales," "representative of," "valuation," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this Presentation, including but not limited to: (i) the risk that the Potential Transactions may not be completed in a timely manner or at all, which may adversely affect outstanding or to-be- offered securities; (ii) the risk that EigenQ and the post-combination company may not have access to, or as a result of other transactions in which they are participating or may participate, may be restricted from accessing, sufficient capital on reasonable terms, or at all, to pursue the Company's business plans and commercialization and growth strategies; (iii) the occurrence of any other event, change or other circumstance that could give rise to the termination of definitive agreements related to the Potential Transactions or to the potential Business Combination, if consummated, not resulting in the benefits anticipated by the parties thereto; (iv) changes in government mandates, quantum and cybersecurity technology and other factors outside of EigenQ and SVAQ's control; (v) the outcome of any legal proceedings that may be instituted against the parties to the proposed Business Combination or the post-combination company; (vi) the inability to complete the proposed Business Combination, including due to failure to obtain approval of the shareholders of SVAQ or EigenQ or other conditions to closing; (vii) the inability to obtain or maintain the listing of the post-combination company's securities on the Nasdaq Stock Market LLC, the New York Stock Exchange, or another U.S. national securities exchange in connection with the consummation of or following the proposed Business Combination; (viii) the ability to recognize the anticipated benefits of the Potential Transactions, which may be affected by, among other things, competition, the ability of EigenQ or the post-combination company to grow and manage growth and retain its key employees; (ix) costs related to the Potential Transactions; (x) risks that the Potential Transactions disrupts current plans and operations of EigenQ; (xi) changes in the competitive and regulated industries in which EigenQ operates, variations in operating performance across competitors, changes in laws and regulations affecting EigenQ's business and changes in EigenQ's capital structure, (xii) the ability to implement business plans, forecasts, identify and realize additional opportunities, and other expectations; (xiii) political, social or economic instability in the emerging markets, including the Middle East, and other countries in which EigenQ, the post-combination company, relevant OEMs and other channel participants and customers of some or all of the foregoing operate or plan to operate; (xiv) the enforceability of EigenQ's or the post-combination company's intellectual property; including its patents and the potential infringement on the intellectual property rights of others; (xv) the risk of downturns and a changing regulatory landscape in the highly competitive industry in which EigenQ operates; (xvi) risks relating to product development and commercialization timing, OEM integration, customer adoption and strategic partnerships; (xvii) risks relating to supply chain execution, cybersecurity standards and post-quantum cryptography mandates; (xviii) risks associated with financing and capital markets conditions, including EigenQ's, SVAQ's or the post-combination company's ability to obtain additional financing on acceptable terms or at all, and (xix) the "Risk Factors" sections of the most recent Annual Report on Form 10-K filed with the SEC by SVAQ on March 31, 2026 (the "Annual Report") and other reports filed and to be filed by SVAQ with the SEC, including SVAQ's Quarterly Reports on Form 10-Q, and (xx) other risks and uncertainties identified in the Registration Statement. The foregoing list of factors is not exhaustive.

© EigenQ 2026 Disclaimer (Cont'd) 3 Financial Information; Use and Limitations of Illustrative Forecasts and Estimates This Presentation includes certain illustrative financial and operating forecasts and illustrative ranges, metrics and measures derived therefrom, including estimates of potential future revenues, profits, earnings, costs, margins and expenses, all of which information (including any numbers, metrics, values, statements and analyses derived therefrom) represent estimates of EigenQ management as of the date such illustrative forecasts, estimates and other information were prepared (which, in the case of certain illustrative forward-looking information, forecasts and estimates, including information described in this Presentation as "illustrative management base case" forecasts, is as of the forecast preparation dates identified in the Registration Statement (the "Forecast Preparation Date") and, in the case of other forward-looking information, is as of the dates identified in this Presentation), based on professional experience, industry knowledge and, with respect to certain information, input and estimates from core channel participants, all of which are subject to external validation, including, without limitation, pricing terms, taking into account numerous assumptions and variables, some or all of which may provide inaccurate. As of the date of this Presentation, these illustrative forecasts and estimates and information derived therefrom are not based on current customer contracts, purchase orders, formal quotations, backlog, bookings, executed OEM licenses, committed sales volumes, or binding customer commitments and include numerous assumptions subject to external validation. These illustrative financial and operating forecasts were not prepared for public use and represent EigenQ management's views of potential future revenues, earnings, profits, growth, margins and costs, assuming the accuracy of market opportunity, penetration estimates, prospective pricing and other sales transaction and licensing terms, among numerous other variables, none of which have been externally validated as of the date hereof. Neither EigenQ's nor any other independent public accountants and auditors have examined, reviewed or compiled such illustrative forecasts, projections and estimates, nor do any of the foregoing express an opinion or other form of assurance with respect thereto. As of the date of this Presentation, EigenQ has not commenced product sales, nor has the Company finalized aspects of its revenue recognition policies and practices, all of which, in addition to other factors, make forecasts, predictions and estimates about EigenQ's potential future revenues, earnings, costs and expenses and margins speculative in nature and subject to change. As EigenQ's product sales increase and its business plans evolve, other events will occur, some of which are not foreseeable, and other information will emerge, from time to time and over time, that impacts EigenQ's operating and financial results, as well as EigenQ management's views regarding the Company's plans and prospects, making estimates and forecasts about the Company's future financial and operating results susceptible to change and subject in all respects to the disclaimers and limitations set forth above under the heading "Forward-Looking Information". Furthermore, neither EigenQ nor its management team can give any assurance that illustrative forecasts and estimates contained in this Presentation accurately represent EigenQ's future operations or financial condition during the forecast period or generally, particularly as EigenQ, as of the date hereof, has not commenced generating revenues or achieved profitability and therefore has not received third-party validation as to pricing, product offerings and other important inputs relative to the assumptions underlying such forecasts and estimates. Such information is subject to a wide variety of significant business, economic, technological and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the illustrative prospective financial information and estimates derived therefrom. Quantum computing and the market for quantum-safe infrastructure and cybersecurity solutions is a new and rapidly-evolving area. Further, EigenQ is a relatively new company with a limited operating history. EigenQ has not, as of the date hereof, finalized the Company's revenue recognition policies and practices and the completion of such effort may impact illustrative potential results reflected in the forecasts included herein. For all of these reasons, among others, readers are cautioned not to place undue reliance on illustrative forecasts and estimates and metrics derived therefrom contained in this Presentation and should be aware of the risk of loss of some or all of their investments in EigenQ, SVAQ and the post-combination company. Accordingly, there can be no assurance that the illustrative prospective results, forecasted values and estimates of the potential addressable market for EigenQ's products are indicative of the future performance of EigenQ or that actual results will not differ materially from those presented in this Presentation. Some of the assumptions upon which the illustrative forecasts and estimates are based inevitably will not materialize and unanticipated events may occur that could affect results. Therefore, actual results achieved during the periods covered by the illustrative forecasts and estimates contained herein may vary materially from the projected results. Inclusion of the illustrative prospective financial information and other estimates in this Presentation should not be regarded as a representation by EigenQ, SVAQ, their respective advisors and representatives or any other person that the illustrative estimates of potential future performance in this Presentation are indicative of future results or that any results will be achieved. Use of Non-GAAP Financial Metrics and Measures This Presentation includes certain financial measures not presented in accordance with generally accepted accounting principles ("GAAP") with respect to EigenQ's illustrative future potential performance and other metrics derived therefrom. Such measures and metrics may include, without limitation, Adjusted EBITDA, Adjusted EBITDA Margins and other non-GAAP financial measures or operating metrics; furthermore, the illustrative model from which illustrative estimates of future potential EigenQ financial and operating results were derived, as supplemented by certain illustrative ranges and timing estimates, is an illustrative market scenario-based model, subject to refinement and change as EigenQ's business evolves and grows, including, for instance, in view of the Company's future finalization of revenue recognition policies and practices. These non-GAAP financial measures may exclude items that are significant in understanding and assessing EigenQ's financial results. These non-GAAP measures are in addition to, and not a substitute for, measures of financial performance prepared in accordance with GAAP and should not be considered as an alternative to net income, operating income or any other performance measures derived in accordance with GAAP as a measure of our liquidity, profitability or performance. The closest GAAP measure to EBITDA (or Adj. EBITDA) is net income; however, not all of the information necessary for a quantitative reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures is available without unreasonable efforts at this time. EigenQ believes that these forward-looking non-GAAP measures of financial results provide useful supplemental information about EigenQ. EigenQ's management uses these forward-looking non-GAAP measures to evaluate EigenQ's projected financial and operating performance. However, there are a number of limitations related to the use of these non-GAAP measures and their nearest GAAP equivalents. For example, other companies may calculate non-GAAP measures differently or may use other measures to evaluate their financial performance, and therefore EigenQ's non-GAAP measures may not be directly comparable to similarly titled measures of other companies. The presentation of such non-GAAP measures, which may include adjustments to exclude unusual or non-recurring items, should not be construed as an inference that EigenQ's future results and cash flows will be unaffected by other unusual or nonrecurring items. Quantum & Cybersecurity Industry and Market Data and Estimates This Presentation has been prepared by EigenQ and SVAQ and includes market data and other statistical information from third-party publications and sources as well as from research reports prepared for other purposes. Although EigenQ and SVAQ believe these third-party sources are reliable as of their respective dates, none of EigenQ, SVAQ, and any of their affiliates or representatives has independently verified the accuracy or completeness of this information. Some data are also based on good faith estimates of EigenQ's and SVAQ's management teams, derived from internal sources and/or the third-party sources described above, informed by professional experience. None of EigenQ, SVAQ and their affiliates, advisors, directors, officers, employees, members, partners, shareholders or agents make any representation or warranty with respect to the accuracy of such information, all of which is subject to change as the market for quantum-safe infrastructure solutions evolves. None of EigenQ, SVAQ and their affiliates, advisors, directors, officers, employees, members, partners, stockholders or agents or the providers of any such third party information or any other person are responsible for any errors or omissions therein (negligent or otherwise), regardless of the cause, or the results obtained from the use of such content. Each of EigenQ, SVAQ and their affiliates, advisors, directors, officers, employees, members, partners, shareholders and agents expressly disclaims any responsibility or liability for any damages or losses in connection with the use of such information herein. Important Information Neither the delivery of this Presentation nor the purchase of any of the securities, assets, businesses or undertakings of EigenQ and SVAQ on or after the date hereof shall, under any circumstances, be construed to indicate or imply that there has been no change in the affairs of EigenQ and/or SVAQ since the Presentation Date. This Presentation does not purport to be all-inclusive or to contain all the information that a Recipient may desire in deciding whether or not to proceed with any Potential Transaction and is not intended to form the basis of any investment decision. No representation or warranty, express or implied, is or will be given by EigenQ, SVAQ, or any of their affiliates, representatives, advisors, directors or employees, including, without limitation, any placement agents and financial advisors of EigenQ or SVAQ, and no responsibility or liability or duty of care is or will be accepted by EigenQ, SVAQ, or their respective affiliates, representatives, advisors, agents, directors or employees as to the accuracy, completeness, reliability or reasonableness of the information or opinions contained in this Presentation or supplied herewith or any other written or oral information made available to any interested party or its advisers in connection with Potential Transactions or otherwise in connection with this Presentation. To the fullest extent possible, by receiving or otherwise gaining access to this Presentation, each Recipient acknowledges and agrees that it is not relying on any information set forth in this Presentation and releases EigenQ, SVAQ, and their affiliates, representatives, advisers, agents, directors and employees in all circumstances from any liability with respect to such Recipient's participation, or proposed participation, in any Potential Transactions. In addition, no responsibility or liability or duty of care is or will be accepted by EigenQ, SVAQ, or their affiliates, representatives, advisers, agents, directors or employees for updating or revising this Presentation or providing any additional information to any Recipient and any such liability is expressly disclaimed. Accordingly, none of EigenQ, SVAQ and their affiliates, advisers, directors, agents or employees shall be liable for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on any statement in or omission from this Presentation or in any other information or communications in connection with Potential Transactions. In particular, no representation or warranty of EigenQ, SVAQ, or their affiliates is given as to the achievement or reasonableness of future projections, management targets, estimates, prospects or returns, if any. Recipients should make their own investigation of the Potential Transactions, EigenQ, SVAQ and any related transaction or entity and all information provided in this Presentation, the Registration Statement or otherwise. No assurances can be provided as to the consummation, if any, of any Potential Transaction and it is possible that the proposed Business Combination may not be completed within anticipated timelines or at all. Participants in the Solicitation EigenQ, SVAQ and certain of their respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be participants in the solicitation of proxies from SVAQ's shareholders in connection with the proposed Business Combination. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of SVAQ's shareholders in connection with the proposed Business Combination will be set forth in the proxy statement/prospectus filed by SVAQ with the SEC, as further described above. You can find more information about SVAQ's directors and executive officers in SVAQ's filings with the SEC. Shareholders, potential investors and other interested persons should read the proxy statement/prospectus carefully before making any voting or investment decisions. You may obtain free copies of these documents from the sources described above. Trademarks and Intellectual Property All trademarks, service marks, and trade names of EigenQ, SVAQ, or their affiliates as used herein are trademarks, service marks, or registered trade names of EigenQ, SVAQ or their affiliates. Any other product, company names, or logos mentioned herein are the trademarks and/or intellectual property of their respective owners, and their use is solely for convenience and is not intended to, and does not imply, a relationship with EigenQ or SVAQ, or an endorsement or sponsorship by or of EigenQ, SVAQ or any other party. The trademarks, service marks and trade names referred to in this presentation may appear without the ®, TM or SM symbols, but such references are not intended to indicate, in any way, that EigenQ or SVAQ will not assert, to the fullest extent under applicable law, their rights or the right of the applicable licensor to these trademarks, service marks and trade names.

© EigenQ 2026 Analyst / Investor Day Agenda S E G M E N T L E A D S P E A K E R D U R A T I O N Welcome & Transaction Context Dan Nash 3:00 PM – 3:10 PM Chairman's Perspective Dr. Jesse Van Griensven Thé 3:10 PM – 3:15 PM CEO Keynote: The Trust Layer for the Quantum Era Dr. José Rosas-Bustos 3:15 PM – 3:35 PM Channel Partner / Strategic Partnerships Panel Rob Jazwinski / Jim Mackey / Chris Cyr 3:35 PM – 3:55 PM Technology & Product Michael Johnson 3:55 PM – 4:05 PM Q&A Session #1 EigenQ Management 4:05 PM – 4:15 PM Break All Attendees 4:15 PM – 4:25 PM Go-to-Market Rika Nakazawa / Bryan Matthews 4:25 PM – 4:50 PM The Threat & The Mandate Alexander Truskovsky / John Petrie 4:50 PM – 5:10 PM Business Model & Financial Framework Dan Nash / Martin Zinny / Dr. José Rosas-Bustos 5:10 PM – 5:30 PM Q&A Session #2 EigenQ Management / SVAQ Management 5:30 PM – 5:40 PM Long-Term Vision & Wrap Dr. Jesse Van Griensven Thé / Dr. José Rosas-Bustos 5:40 PM – 5:55 PM Happy Hour & Tech Demo All Attendees 6:00 PM – 7:00 PM 5

© EigenQ 2026 6 EIGENQ & SVAQ Dr. Jesse Van Griensven Thé Chairman of the Board EigenQ In person Dr. José Rosas-Bustos Chief Executive Officer EigenQ In person Rika Nakazawa Chief Growth Officer EigenQ In person Bryan Matthews Chief Revenue Officer EigenQ In person Michael Johnson Chief Product Officer EigenQ In person Raúl Zuleta Chief Technology Officer EigenQ In person Alexander Truskovsky Chief Information Security Officer EigenQ In person Rob Jazwinski VP, Channel Sales EigenQ In person Nadeem Said Quantum Photonics Researcher EigenQ In person Dan Nash Chairman & CEO SVAQ In person Martin Zinny Chief Financial Officer SVAQ In person PANEL GUESTS John Petrie President · Former Global CISO The Petrie Group · NTT Security In person Jim Mackey Compute Specialist – Federal · PQC Evangelist HPE In person Chris Cyr Chief Technology Officer Sterling Computers Virtual Today's Presenters

© EigenQ 2026 Building a Highly Differentiated Public Market Story S V A Q T E A M Dan Nash Chairman & CEO Martin Zinny CFO David O'Neil Vice President Dane Cripps Associate A Differentiated SPAC Platform Built for Transformative Growth Companies • Led by Dan Nash, Co-Founder & former Head of Investment Banking at Cohen & Company Capital Markets • Martin Zinny brings 20+ years of investment experience across public and private markets, including senior roles at Point72, Fidelity and Millennium, and a proven track record of SPAC IPO execution • Extensive SPAC, IPO, capital raising and public-market execution expertise • Deep relationships across institutional investors, family offices, strategics, venture funds and alternative capital providers • Global advisor network spanning AI, deep tech, digital infrastructure, cybersecurity, fintech, crypto, enterprise software, energy transition and mining and critical minerals • Focus on businesses with differentiated technology, large market opportunities and a credible path to durable public-company value creation E X E C U T I O N T R A C K R E C O R D(1) $50B+ Transaction Value Executed $14B+ Total Capital Raised 55+ De-SPAC Transactions Advised $215M IPO Completed December 2025; listed on Nasdaq W H Y E I G E N Q ? Our Management Team Believes: 1 Intersection of three transformational markets Quantum, Cybersecurity & Data Centers — uniquely positioned at the convergence of three of the most significant technology investment themes 2 Mandatory security migration Post-Quantum Cryptography (PQC) will be a requirement, not just a theoretical risk 3 Category-defining cyber-quantum leadership Pioneering hardware-rooted quantum security, backed by world-class research, proprietary IP and a multi-year technology head start 4 Scalable, capital-light GTM platform(2) OEM, distributor and VAR channels expected to enable efficient, profitable scale 5 Hardware + recurring software economics Embedded hardware revenue + IP licensing upside 6 Commercially minded quantum leadership Technical depth paired with an identifiable path to deployment and scale (1) Includes transactions relative to which Cohen & Company Capital Markets (CCM) acted as financial advisor, capital markets advisor or placement agent. Dan Nash led CCM's roles in such transactions as Co-Founder & Head of Investment Banking at CCM during relevant periods. (2) GTM stands for Go-to-Market. 7

© EigenQ 2026 8 Investment Highlights (1) Q-Day — the arrival of a cryptographically relevant quantum computer capable of breaking the Rivest–Shamir–Adleman algorithm ("RSA") at scale. QUANTUM THREATS REQUIRE QUANTUM SOLUTIONS EIGENQ IS RACING TO MAKE THE QUANTUM THREAT IRRELEVANT, BEFORE Q-DAY ARRIVES(1) Security Layer for Post-Quantum Infrastructure Full-Stack, Hardware-Anchored Platform Embedded into OEM Servers to Enable Deployments at Scale Production-Ready Supply Chain Capital-Light Model with Expanding Margins Significant Anticipated Market Tailwinds from Quantum & Government Mandated Demand Team with Deep Quantum Expertise, Cryptography, Compute Infrastructure and Commercial Focus

© EigenQ 2026 S P E A K E R Dr. Jesse Van Griensven Thé Chairman of the Board E D U C A T I O N Ph.D., Computational Fluid Dynamics University of Waterloo M.Sc., Combinatorics & Optimization University of Waterloo B.Sc., Mechanical Engineering Universidade Federal de Santa Catarina Scientist, Entrepreneur and Founding Chairman 30+ Years as a Technology Entrepreneur 3 Companies Founded 25+ Years Teaching at Waterloo Founder and Chairman of EigenQ. Founding CEO in 2025; Chairman of the Board since April 2026 Three Decades as an Entrepreneur. Founded Lakes Environmental in 1995 and still serves as its President Quantum Cybersecurity. Founded Lakes Quantum, a business unit of Lakes Environmental Consultants Inc., in 2017 and led its quantum research Academic and Author. Adjunct Professor at Waterloo since 1997; Executive Editor of the ENERGY Journal 10 C A R E E R H I G H L I G H T S 1995 Founder & President, Lakes Environmental 1997 Adjunct Professor, University of Waterloo 2025 Founding CEO; Chairman since 2026 2025 Co-author of two books on quantum computing and security 2017 Initiated quantum cybersecurity research and development that laid the technological foundation for EigenQ 1993 Completed Ph.D. in Computational Fluid Dynamics at University of Waterloo Source: Registration Statement on Form S-4 (File No. 333-299164), as filed with the SEC on September 28, 2026 (Management of PubCo). Third-party logos are the property of their owners and shown for identification only.

© EigenQ 2026 11 140+ IP assets(1) Hardware-rooted architecture OEM-integrated, ready to deploy Standards-aligned (NIST / ETSI) Make our quantum-safe trust the default security layer for critical infrastructure To establish EigenQ as the infrastructure leader in post- quantum cybersecurity M I S S I O N V I S I O N EigenQ delivers hardware-rooted, quantum-safe infrastructure solutions, to enable critical systems to operate securely in the quantum era 50+ research collaborators globally ENTERPRISE- SCALE, QUANTUM- SAFE LEADERSHIP (1) For additional information regarding EigenQ's IP assets as of 12/31/2025, please see disclosures included in EigenQ's Form C-AR filed with the SEC on 4/29/2026 the "Form C-AR".

© EigenQ 2026 S P E A K E R Dr. José R. Rosas-Bustos Chief Executive Officer E D U C A T I O N Ph.D., Mechanical & Mechatronics Engineering University of Waterloo MBA University of Chile, School of Economics & Business B.A., National Security & Defense ANEPE, Ministry of National Defense of Chile Engineer, Entrepreneur and Platform Architect 15+ Years in Cybersecurity & Secure Systems 9 Published Quantum Research Publications 4 Companies Led as CEO CEO & Founding CTO of EigenQ. CTO February–September 2025; CEO since October 2025 Platform Architect. Shaped EigenQ's PQC, quantum-entropy and hardware-rooted trust stack and IP roadmap Published Quantum Researcher. Waterloo Ph.D. with research focused on quantum communications and security Enterprise Security. Seven years at Oracle Latin America in cybersecurity consulting and sales 13 2011 Cybersecurity consulting & sales, Latin America 2023 Developed EigenQ's technical thesis (pre-EigenQ work) 2025 CTO Feb–Sep 2025; CEO since October 2025 2025 Co-author of two books on quantum computing and security 3 Granted U.S. Patents as Named Inventor C A R E E R H I G H L I G H T S Source: Registration Statement on Form S-4 (File No. 333-299164), as filed with the SEC on September 28, 2026 (Management of PubCo). Third-party logos are the property of their owners and shown for identification only.

© EigenQ 2026 AN APPLIED QUANTUM TECHNOLOGY COMPANY A path for the computers we use today to work with quantum technologies, starting with cybersecurity PQC+ is the near-term commercialization priority within a wider applied-quantum program

© EigenQ 2026 PQC+ is our near-term commercialization priority within a wider applied-quantum program Source: Registration Statement on Form S-4 (File No. 333-299164), as filed with the SEC on September 28, 2026 Third-party logos are the property of their owners and shown for identification only. 15 N E A R - T E R M P R I O R I T Y Quantum-Safe Infrastructure W H A T I T I S F O R National Security & Defense Mission, sovereign and classified systems AI Workloads Data, models and compute in AI and sovereign-cloud buildouts Regulated Sectors Financial services and critical infrastructure under dated PQC mandates D E L I V E R E D W I T H ProLiant solution brief Global manufacturing L O N G E R - T E R M D E V E L O P M E N T Quantum AI and Communications Selected longer-term development Builds on the same channel, OEM and industry-trust relationships as quantum-safe infrastructure Commercial Depth First. Broader Opportunity Over Time

© EigenQ 2026 16 The Post-Quantum Migration Is Underway Governments are mandating migration We believe security must be anchored in hardware, below the software layer "Harvest Now, Decrypt Later" is active (1) Quantum proof cryptography from NIST to replace RSA/ECC-based system (1) Nation-state adversaries are executing a strategy called "Harvest Now, Decrypt Later" (HNDL): quietly collecting encrypted government communications, financial records, and classified data today, with the intent to unlock it all once a sufficiently powerful quantum computer exists. (2) As set forth and described in the NSA's Commercial National Security Algorithm Suite 2.0 (CNSA 2.0); NSA and other government mandates are not rules and are subject to change. (3) January 2027 Procurement gate – First hard deadline as set forth in the NSA's Commercial National Security Algorithm Suite 2.0 (CNSA 2.0); NSA and other government mandates are not rules and are subject to change. March 2026 Department of War Announces $350 Million in Quantum Computing Initiatives October 2026 Quantum Computing: Federal Actions Needed to Prepare for Emerging Cyber Threat October 2026 May 2026 NSA's CNSA 2.0 Mandate(2) JANUARY 2027 Procurement Gate FIRST HARD DEADLINE (3) DECEMBER 2030 Phase-Out Deadline (As published in September 2022)

© EigenQ 2026 k 2025 2028E $269B $779B EigenQ secures where scaled compute and critical infrastructure converge 17 Scaled Data Center Infrastructure Drives a Significant Security Opportunity (5) (1) Goldman Sachs Research (Report Date: June 23, 2026). (2) Assumes U.S. accounts for 60% of worldwide server market value in 2025, conservatively rounded down from ~65% estimated by Morgan Stanley Research (July 2, 2026). (3) U.S. Federal government self-reported Civilian IT spend in FY 2025 was $75.1 billion; Based on industry reports, approximately 45% of this spend was tied to IT Infrastructure, IT Security and IT Management in the aggregate, representing $33.8 billion. Removing estimates of: (i) Approximate IT Security infrastructure (based on 45% of Federal IT Security Spend) = $5.5 billion; (ii) Approximate IT Management infrastructure (based on 10% of IT Administration (as reported by Jefferies in April 2026), and assuming 45% of such amount tied to IT Management = $1.5 billion. Equals: ~$26.8 billion of total IT Infrastructure Spend. Utilizing an industry report from IDC, assumed 80% of total IT infrastructure spend is on servers = $21.5 billion. (4) Assumes U.S. accounts for 70% of worldwide server market value in 2028E, conservatively rounded down from ~77% forecast by Morgan Stanley Research (July 2, 2026). (5) Market data is presented for context only and does not represent EigenQ contracted revenue, backlog, bookings, customer pipeline, purchase orders, formal quotations, executed OEM licenses or forecast revenue. PQC migration increases performance demands and integration complexity ✓ Critical workloads need hardware-rooted security, not software retrofit ✓ OEM embedding enables native server- level quantum-safe protection ✓ Potential OEM embedding and design wins could support scalable, unit-based revenue if secured ✓ Why We Believe Hardware Matters? Global Server Market (1) $449B+ Total 2025 Spend 16.4M Units Shipped $269B+ U.S. Server Market ~$22B+ U.S. Federal Gov't Server Spend +42% CAGR U.S. Server Market(2) ~2.9x Increase (2) (4) (3)

© EigenQ 2026 Selected U.S. Server-Market Metrics Across Priority End-Markets Defense & Government Near-Term Catalyst: Certified PQC currently required for Federal defense contractors by January 2027 – EigenQ enables compliance Note: These figures represent third-party server-market and federal IT/server-spend metrics only. They are not EigenQ-specific TAM/SAM/SOM, customer demand, pipeline, bookings, backlog, contracts, purchase orders, formal quotations, executed OEM licenses or forecast revenue. (1) Mordor Intelligence, North America Data Center Server Market & Share Analysis-Growth Trends and Forecast (2026-2031), (Report Date: January 21, 2026). (2) Fortune Business Insights, Data Center Server Market Size, Share & Growth Report (Report Date: May 4, 2026). (3) Market Data Forecast 2025 (Report Date: January 2026). (4) Mordor Intelligence, North America Data Center Server Market & Share Analysis-Growth Trends and Forecast (2026-2031), (Report Date: January 21, 2026). (5) Mordor Intelligence, North America Data Center Server Market & Share Analysis-Growth Trends and Forecast (2026-2031), (Report Date: January 21, 2026). (6) Mordor Intelligence, North America Data Center Server Market & Share Analysis-Growth Trends and Forecast (2026-2031), (Report Date: January 21, 2026). 18 Healthcare ~$30B Est. 2025 U.S. Server Market(4) Industrials & IoT ~$27B Est. 2025 U.S. Server Market(5) Est. ~$22B U.S. Federal Gov't Server Spend Est. ~$14B(1) Other Defense & Gov't Spend ~$36B Est. Defense & Government Server-Spend Context(1) Critical Infrastructure ~$24B Est. 2025 U.S. Server Market(2) Financial Institutions ~$55B Est. 2025 U.S. Server Market(3) Broad Commercial & Enterprise ~$99B Est. 2025 U.S. Server Market(6)

© EigenQ 2026 PQC+TM Bundle PCIe M.2 Compact, embedded security for edge and space-constrained systems Edge, IoT & distributed systems Drop-in upgrade for existing servers, no redesign, no downtime Existing servers & compliance upgrades CHOOSE FOR CHOOSE FOR 19 ONE PLATFORM ACROSS EVERY ENVIRONMENT PQC+ TM Bundle New deployments & data center modernization Integrated, turnkey solution for new deployments with full PQC+ trust stack CHOOSE FOR M.2 No infrastructure replacement Works with existing systems Deploy in weeks

© EigenQ 2026 20 EigenQ Anticipates Scaling Sales Through OEM Infrastructure Distribution Global Commercial Path(1) U.S. Trusted Supply Chain Path(2) Titan + Multiple OEMs for U.S. Trusted Supply Chain Deployments WNC + Multiple OEMs for Global Commercial Deployments & Other OEMs Commercial Server Configuration & VARs Commercial & Enterprise End-Customers & Other OEMs TSC-Compatible Server Configuration U.S. Government & Critical Infrastructure Targeted OEM Partners(3) ➢ Dell ➢ Super Micro ➢ Intel ➢ AMD ➢ NVIDIA (1) Pursuant to agreement with WNC. (2) Pursuant to purchase orders with Titan Circuits. (3) EigenQ does not currently have a commercial relationship with these OEMs. (4) Source: HPE solution brief, 'Upgrade to next-generation security for the quantum era,' document ID a00159324enw. HPE publication supports EigenQ's infrastructure integration, quote-readiness, route-to-market and commercial positioning. It does not represent contracted revenue, purchase orders, backlog, bookings, committed sales volume, or guaranteed customer adoption. (4) HPE-Published Solution Brief Confirms EigenQ's OEM Route-to-Market Readiness The solution brief describes an EigenQ + HPE security bundle built on HPE ProLiant Compute ✓ Not just a concept, positioned as a deployable solution ✓ OEM/channel validation ✓ Clear end-customer value proposition ✓ Deployment advantage → No "rip & replace" ✓ ✓ ✓ ✓

© EigenQ 2026 OEM / Enterprise Deployment Readiness (Infrastructure Integration, GTM Channels, Near-Term Demand) 23 EigenQ Occupies a Distinct Position Among Quantum / PQC Vendors POSITIONING VS. QUANTUM / PQC VENDORS Hardware- Rooted Infrastructure Integration (Chip / Board / Embedded) HIGH LOW LOW HIGH Hardware-First PQC Architecture Embedded at the Infrastructure Layer OEM & Channel-Led GTM Deployment Near-Term Catalyst: Federal & Critical Infra Multiple Revenue Streams EIGENQ'S DIFFERENTIATING ATTRIBUTES U.S. Federal Gov't Mandate Requires a Comprehensive Solution, with Commercial Verticals to Follow The EigenQ Advantage

© EigenQ 2026 Key Management Team 24 Dr. José Rosas-Bustos CEO CEO building EigenQ's quantum- resilient trust infrastructure platform; former CTO with 15+ years in cybersecurity, Oracle experience, patent inventorship and quantum-security research Raúl Zuleta Chief Technology Officer An engineer-inventor turning complex quantum technologies into globally deployed critical systems Michael Johnson Chief Product Officer Veteran product leader with 25+ years across software, security architecture and quantum-safe infrastructure Alexander Truskovsky Chief Info. Sec. Officer Cryptography and security expert with leadership roles at AWS, NOKIA, ISARA, BlackBerry and Oracle Cristiane Thé Executive Controller Financial operations leader supporting controls, reporting discipline, treasury coordination and audit-ready processes Natan Aronshtam Audit Committee Chair Deloitte partner for ~25 years; serves on the boards of Questbank and EXACT COMPANY LEADERSHIP PRODUCT & TECHNOLOGY FINANCE Bryan Matthews Chief Revenue Officer Revenue leader with deep federal and enterprise contracting experience driving public-sector GTM, strategic accounts and federal / enterprise customer pipeline Rika Nakazawa Chief Growth Officer Global technology executive with senior GTM and strategy experience across NVIDIA, Sony, Accenture and NTT – spanning AI, cybersecurity and quantum Albert Behr Corp. Dev. Advisor 25+ years advising 1,100+ global tech companies on strategic partnerships, funding and market expansion Rob Jazwinski VP, Channel Sales 25+ years driving indirect sales growth through global reseller and partner ecosystems GO-TO-MARKET

© EigenQ 2026 Board of Directors 25 Dr. Jesse Van Griensven Thé Chairman University of Waterloo professor and quantum-computing expert providing scientific oversight across quantum-proof encryption, simulation, quantum computing and ML/AI Mark Pecen Vice-Chair Architect of next-generation communications and cryptography with 100+ global patents Dr. José Rosas-Bustos Director · CEO CEO building EigenQ's quantum- resilient trust infrastructure platform; former CTO with 15+ years in cybersecurity, Oracle experience, patent inventorship and quantum- security research Michael Johnson Director · CPO Veteran product leader with 25+ years across software, security architecture and quantum-safe infrastructure Cristiane Thé Director · Executive Controller Financial operations leader supporting controls, reporting discipline, treasury coordination and audit-ready processes CHAIR & VICE-CHAIR MANAGEMENT DIRECTORS Natan Aronshtam Director · Audit Committee Chair Deloitte partner for ~25 years. Serves on the Questbank and EXACT boards Eduardo Guimarães Director VP Operations at DuraVen, with 10+ years in manufacturing Ademir "Adi" Karisik Director VP & CTO, Intelligence & Cyber, at Amentum Chun-Tsung Lee Director Special Assistant to WNC's CEO; led WNC US and UK as President (2008–2025) ADDITIONAL INDEPENDENT DIRECTORS Note: Nine directors effective upon Closing per the Director Election Proposal, Registration Statement on Form S-4 (File No. 333-299164), as filed September 28, 2026. Chun-Tsung Lee: EigenQ Form C-AR, April 29, 2026. INDEPENDENT

© EigenQ 2026 Channel Partner / Strategic Partnerships Panel 3:35 PM – 3:55 PM Rob Jazwinski VP, Channel Sales Jim Mackey Compute Specialist – Federal, HPE © EigenQ 2026 Chris Cyr Chief Technology Officer, Sterling Computers

© EigenQ 2026 P A N E L Channel and Partner Perspectives Rob Jazwinski VP, Channel Sales, EigenQ Darla Moore School of Business, Univ. of South Carolina 25+ Years in Channel and Distribution Sales 13 Years at TD SYNNEX Channel Leader. 25+ years driving indirect sales growth through global reseller and partner ecosystems Distribution Insider. 13 years at TD SYNNEX, including sales and operations lead for the HP Enterprise division Vendor-Side Channel. Distribution account roles at Symantec, Avaya and ATDEC before joining EigenQ in 2026 C A R E E R H I G H L I G H T S 1997 Sales / Operations Manager (13 years) 2015 Distribution Account Manager ATDEC 2020 Distribution channel roles 2026 VP, Channel Sales Jim Mackey Compute Specialist – Federal, HPE PQC Evangelist Rio Salado College B.S., Troy University 8 Years at HPE 25+ Years in Technology Sales 20+ Years in Channel & Partner Sales HPE Federal Compute. Designs hybrid-cloud and compute solutions for U.S. federal civilian agencies Public Sector. Five years as HPE enterprise account manager for state, local and education customers Channel Roots. Partner and channel sales roles at Veeam, Sage, Xerox and IBM before HPE C A R E E R H I G H L I G H T S Earlier Account and partner roles 2015 Territory & Partner Manager 2018 Public Sector AM; Federal Compute Specialist since 2023 Sources: EigenQ; Rob Jazwinski and Jim Mackey – LinkedIn; Chris Cyr – LinkedIn and Sterling company website. Third-party logos are the property of their owners and shown for identification only. 27 Chris Cyr Chief Technology Officer, Sterling Computers S T E R L I N G C O M P U T E R S A T A G L A N C E 30+ 1,500+ 3 Years in Enterprise Tech Technology Partners Customer Segments Served Sterling CTO. Leads Sterling's technology strategy since 2020, spanning AI, quantum and 5G Partner Advisory Boards. NVIDIA, Dell, Intel, AMD, HPE and Cisco Cloud & AI Architect. Former Oracle enterprise cloud architect; certified NVIDIA AI Advisor; U.S. Air Force veteran P A N E L P E R S P E C T I V E How a public-sector integrator evaluates emerging security technology and scales customer adoption GUEST PANELIST GUEST PANELIST

© EigenQ 2026 S P E A K E R Michael Johnson Chief Product Officer E D U C A T I O N B.S., Computer Science Radford University E X P E R T I S E Software Architecture Cloud & Security Operations Full Product Lifecycle Software Architect and Product Builder 35 Years in Software Development 30 Years at Lakes Environmental 2 Quantum-Security Companies Built Chief Product Officer of EigenQ. Founding COO and Executive Chairman in 2025; CPO since April 2026 Platform Builder. Led software development at Lakes Environmental, including cloud and security operations Quantum Cybersecurity. Co-founder and former CTO and CIO of Lakes Quantum, a quantum cybersecurity business unit of Lakes Environmental Consultants Inc. Industry-Standard Software. Designed and developed the Visual MODFLOW groundwater modeling system B.S. B.S., Computer Science 1993 Software developer & architect of Visual MODFLOW 1996 Director of Software Development Until 2025 Co-founder, CTO & CIO 2025 Founding COO; CPO since April 2026 29 C A R E E R H I G H L I G H T S Source: Registration Statement on Form S-4 (File No. 333-299164), as filed with the SEC on September 28, 2026 (Management of PubCo). Third-party logos are the property of their owners and shown for identification only.

© EigenQ 2026 One Trust Chain, from Entropy to Execution The PQC+ architecture connects quantum-derived randomness, hardware-anchored identity and workload assurance 1 E N T R O P Y 2 I D E N T I T Y 3 E X E C U T I O N Quantum Entropy Photonic quantum randomness with device health monitoring for cryptographic workflows QMA · PCIe + M.2 Hardware Platform Identity Hardware-rooted identity, protected key functions and post-quantum cryptography qTPM + QEM · Hardware-Rooted Trust Workload Trust Measured platform and workload state supports attestation and trust decisions qTEE · Platform + Workload Trust E M B E D D E D I N T O Server Edge Critical Infrastructure 30 Note: Conceptual capability architecture; exact integrations and availability vary by product and deployment. QEM = Quantum Encryption Module. Graphics are conceptual and do not depict specific hardware. qTPM = Quantum Trusted Platform Module.

© EigenQ 2026 The Advantage Goes Beyond the PQC Algorithm Standards-based post-quantum algorithms are essential; the additional value is hardware-rooted assurance and deployment integration 3 qTEE Platform and workload trust 2 qTPM / QEM Hardware-rooted identity and protected cryptographic functions 1 QMA Quantum-derived entropy, monitored at the source E I G E N Q H A R D W A R E & T R U S T L A Y E R I N D U S T R Y B A S E L I N E Software PQC ML-KEM ML-DSA Algorithms for key establishment and digital signatures can be implemented in software. Algorithms alone do not specify the trust model of the entire system + W H Y I T M A T T E R S OEM Infrastructure Fit Broader Assurance Value Potential Software / IP Licensing D E S I G N E D F O R OEM and infrastructure integration around standards-based PQC Note: No exclusivity or superiority claim: integration and outcomes must be validated in each target environment. ML-KEM and ML-DSA are the NIST-standardized post-quantum key-encapsulation and digital-signature algorithms (FIPS 203 / 204). 31

© EigenQ 2026 Three Deployment Paths. One Platform Strategy Hardware form factors and an OEM integration model map to distinct customer environments and buying cycles D E P L O Y M E N T P A T H S 1 · E X I S T I N G S E R V E R S PCIe Retrofit QMA retrofit option for selected existing server platforms and regulated or enterprise fleets S T A T U S Product Development + Evaluation 2 · N E W D E P L O Y M E N T S PQC+ OEM Bundle Planned data-center and AI server configurations integrating EigenQ hardware and software S T A T U S Integration + Platform Validation 3 · E D G E & A P P L I A N C E S M.2 Embedded Compact QMA format for edge gateways, appliances and space- constrained systems S T A T U S Product Development + Integration S U P P O R T I N G C A P A B I L I T I E S qTPM + QEM · Hardware-Rooted Identity and PQC qTEE · Platform and Workload Trust Note: Images show the QMA PCIe and M.2 form factors and a representative OEM server; configurations are illustrative. PQC+ is a trademark of EigenQ. 32 C O M M E R C I A L R E A D I N E S S Advancing product development, integration, validation and customer- evaluation activities toward initial commercial sales and deployments

© EigenQ 2026 A Commercially Anchored Technology Roadmap The public roadmap begins with quantum cybersecurity and compliance, then expands across AI, networking and computing B E A C H H E A D S U R F A C E A R E A E X P A N S I O N S U R F A C E A R E A E X P A N S I O N P L A T F O R M C O N S O L I D A T I O N C U R R E N T E X E C U T I O N Advancing product development, integration, validation and customer-evaluation activities toward initial commercial sales and deployments Note: Indicative strategic sequence; timing and outcomes are forward-looking. 33 2026 Quantum Cybersecurity & Compliance Initial OEM infrastructure integration 2027 Quantum AI Performance & optimization Commercial IP licensing and embedded deployment 2028 Quantum Internet Network expansion Broader security, AI and networking ecosystem 2029+ Quantum Computing Solutions Target select industry verticals

© EigenQ 2026 S P E A K E R Rika Nakazawa Chief Growth Officer E D U C A T I O N Ph.D., Quantum Computing University of Luxembourg · in progress M.Sc. & MBA, Sustainable Business University of Leeds B.A., East Asian Studies University of California, Los Angeles R E C O G N I T I O N Forbes 50 > 50 · Innovation CRN Women of the Channel · Power 70 & 80 Growth Leader for Commercial Acceleration of Frontier Technology 20+ Years in Global Tech Go-to-Market Leadership 5 Years Leading Commercial Innovation at NTT Chief Growth Officer of EigenQ. Leads strategic growth, ecosystem acceleration and global expansion Quantum & Photonics. Led strategic commercial development for NTT's photonic computing and quantum technology portfolios Board Director & Thought Leader. Boards in AI, IT/OT and quantum; Speaker @ Forbes, World Economic Forum Global Partnerships. Partnership and business development roles at NVIDIA, Accenture and American Express 37 Earlier Early-career partnership and business development roles 2014 VP, Global Strategic Partnerships 2020 VP & Global Client Partner 2021 Chief Commercial Innovation 2026 Chief Growth Officer 2021 · 2024 Best-Selling Author: Dear Chairwoman and Beyond the Black Swan C A R E E R H I G H L I G H T S Source: Registration Statement on Form S-4 (File No. 333-299164), as filed with the SEC on September 28, 2026 (Management of PubCo). EigenQ press release, June 10, 2026. Third party logos are the property of their owners and shown for identification only.

© EigenQ 2026 38 The Growth Office: Two Impact Engines EigenQ goes to market through partners in the compute infrastructure, not directly to end customers 1 C A T E G O R Y & E C O S Y S T E M Build the category and strategic position Embed EigenQ in high-value compute ecosystems Earn blue-chip validation and industry influence Build global relevance, starting in Europe and Asia- Pacific E C O S Y S T E M L A Y E R S W E E N G A G E Silicon & Compute Data Centers Embedded Design Software SIs & Channel 2 R O U T E S T O M A R K E T Create repeatable routes to market Turn ecosystem access into integrations and design-ins Develop lighthouse opportunities in target sectors Generate qualified demand for EigenQ's channel partners F R O M A C C E S S T O S C A L E ACCESS DESIGN-IN LIGHTHOUSE CHANNEL SCALE C R O S S - C U T T I N G Dual-Use & Public- Private Partnerships Bridge Commercial and government use cases Unlock Eligible public / private funding Accelerate Strategic programs Source: EigenQ management. Note: Ecosystem layers are engagement targets, not contracted partners; funding pathways are opportunities being pursued, not commitments.

© EigenQ 2026 39 Nine Potential Ecosystem Layers that May Extend EigenQ's Reach HPE and WNC are in place today; other named organizations are targets and engagement threads, not contracts C R O S S - C U T T I N G Dual-Use & Public-Private Partnerships Connect Defense, sovereign, civil and commercial ecosystems Targets, Not Contracts Named organizations are engagement threads Note: Except HPE and WNC, named organizations are targets or engagement threads, not contracted partners. See "Certain Risks Related to EigenQ and the Anticipated Business Combination" on Slides 95-96, including the risks relating to EigenQ's reliance on channel partners and manufacturing partners. Third-party logos are the property of their owners and shown for identification only. A Compute Infrastructure HPE: published EigenQ + HPE ProLiant solution brief B Data Centers & Cloud C Embedded Design + Regional ODMs WNC: EigenQ's global manufacturing partner D Independent Software E Space & Satellite F Global SIs & Distribution G Sector Demand Critical infrastructure (energy, utilities) · Financial services H Industry Groups I Market Influence Industry analysts

© EigenQ 2026 40 From Strategic Access to Revenue What counts is what moves from one stage to the next Note: Stages describe the operating model, not pipeline, bookings or revenue; the company has not begun recognized product sales. 1 Strategic Access Executive relationships, ecosystem influence, market entry 2 Design / Integrate / Global Strategy OEM / cloud / software solution; Next Generation Intelligence Stack 3 Lighthouse Proof Evaluation, pilot, deployment reference 4 Channel Scale Distributor + VAR execution, repeatable framework G R O W T H O F F I C E Access · Alliances · Positioning · Design-In Creation · Global Growth R E V E N U E O F F I C E I N P L A C E T O D A Y HPE solution brief and WNC partnership at Stage 2 · Proofs of performance run as purchase gates at Stage 3 A C C O U N T A B I L I T Y Not Just Introductions, but Milestones Counted Separately Introductions, pipeline, orders, backlog and revenue Dual-Use Bridge Public-private programs · defense / civil transfer · eligible grants & strategic funding Channel Activation · Conversion · Orders · Revenue · Growth Forecast

© EigenQ 2026 41 Data Center Buildout Drives International Quantum-Security Demand In our ten focus markets, server spend will approach ~$60B by 2028 as PQC deadlines sharpen the focus on securing new infrastructure(1) Note: Third-party market data for context only; not EigenQ TAM/SAM/SOM, demand, pipeline, bookings, backlog, orders or forecast revenue. Figures may not sum due to rounding. (1) EigenQ analysis of IDC (via Morgan Stanley Research), Goldman Sachs Research (Apr/Jun-2026), Morgan Stanley Research (Jul-2026), Mordor Intelligence and IMF data. Regional server markets (2025A / 2028E: Europe ~$26.5B / ~$42.0B; APAC excl. China ~$45.4B / ~$61.2B; Middle East ~$6.4B / ~$8.9B) allocated to focus countries by GDP or data-center capacity; country shares held constant. (2) Regional 2025A sector shares (Defense & Gov't / Financial / Critical Infra.) applied uniformly by country: Europe 27.3% / 20% / 10%; APAC 15.5% / 16% / 9%; Middle East 34.9% / 12% / 10%; mix held constant to 2028E. (3) EU NIS Cooperation Group PQC Roadmap (Jun-2025); UK NCSC (Mar-2025) and DSIT (Sep-2024); ANSSI; ASD (2025); MAS (Feb-2024); Singapore Cybersecurity (Amendment) Act 2024; India DST (Feb-2026); UAE (Nov-2025); SAMA (Aug-2026); Bank of Israel (Jan-2025). Mandates subject to change. (4) Separate market layer, not additive to server spend. MarketsandMarkets IoT (~$28.7B) plus OT security (~$23.5B) less ~$5.7B overlap = ~$46.4B (2025A) / ~$75.5B (2028E) globally, allocated with the server model's regional keys; form-factor mix per Grand View, Mordor and Market Intelo. T E N F O C U S M A R K E T S $41.3B →$59.9B Server spend, 2025A–28E(1) 1 Data Center Buildout AI and sovereign-cloud capacity across ten markets 2 Compute Growth $41.3B → $59.9B server spend, 2025A–28E(1) 3 Quantum-Security Need Dated PQC mandates become procurement gates(3) 4 EigenQ Entry PQC+ embedded in OEM servers at deployment Defense & Government NATO allies · GCC · Israel $9.2B $13.6B 2025A 2028E EigenQ Fit PQC+ OEM bundle for sovereign and defense builds Financial Institutions DORA · MAS · SAMA · Bank of Israel · India CII $7.1B $10.5B 2025A 2028E EigenQ Fit PCIe retrofit for regulated, existing server fleets Critical Infrastructure EU NIS2 · UK CNI · Singapore · Australia SOCI $3.9B $5.7B 2025A 2028E EigenQ Fit M.2 for edge, grid and OT → adjacent edge market Target-vertical server spend across the ten focus markets(2) A D J A C E N T M A R K E T Edge, IoT & IT/OT Security(4) $12.6B → $20.5B +17.6% CAGR, 2025A–28E; not additive to server spend Edge systems & edge AI $7.8B Other critical-infra. OT $5.5B Smart meters & grid edge $4.2B Robotics & automation $2.9B 57% T A K E A W A Y Europe: Richest Vertical Mix 57% of server spend in target verticals, led by Defense & Gov't; +16.6% CAGR(1,2)

© EigenQ 2026 42 Three-Year Global Markets Growth Pace Market entry follows partner access, infrastructure delivery and customer demand 1 Markets with Emerging Opportunities E U R O P E United Kingdom Germany France Italy Spain A S I A P A C I F I C Singapore Australia India 2 GCC Market Development Proposed next wave: Saudi Arabia and UAE Saudi Arabia UAE Qatar Qatar considered selectively 3 Broader Applications Build on Defense & Government and Financials, then extend into Critical Infrastructure Defense & Government Financials then → Critical Infrastructure E N T R Y C R I T E R I A 1 OEM / GSI access 2 Capacity coming online 3 Demand for quantum security, quantum AI solutions

© EigenQ 2026 43 Commercial Depth First, Then a Broader Quantum Platform Cybersecurity runs the full timeline; each later phase stacks on top of it, using the same channel, OEM and industry-trust relationships 2026 2027 2028 2029+ P H A S E 4 · 2 0 2 9 + Quantum Computing Long-term platform consolidation and options P H A S E 3 · 2 0 2 8 + Quantum Internet Network and trusted-communications expansion P H A S E 2 · 2 0 2 7 + Quantum AI Performance and optimization opportunities; selected partner work H O W T O R E A D I T Commercial Focus Today Development Path (lighter = further out) Each phase is added to cybersecurity, not swapped in for it P H A S E 1 · 2 0 2 6 + Cybersecurity Commercial Focus Today Post-Quantum Protection, Compliance and Secure Infrastructure Stays the core in every phase: the channel, OEM and industry-trust relationships built here carry each later layer N E A R - T E R M P R I O R I T Y Where capital and GTM go first PQC+ Cybersecurity The capital and go-to-market priority today Gated Expansion Later layers added on technical and commercial milestones Source: EigenQ management; Phases are strategic development paths, not guidance on revenue timing or technology readiness.

© EigenQ 2026 S P E A K E R Bryan Matthews Chief Revenue Officer E D U C A T I O N B.S., Fisheries & Wildlife Management Texas Tech University F O C U S A R E A S Federal & Public Sector Channel & VAR Partners Strategic Accounts Federal and Enterprise Revenue Leader 26+ Years in Federal Procurement 9 Years Leading U.S. Operations Chief Revenue Officer of EigenQ. Joined as Chief Partnership Officer in February 2025; CRO since April 2026 Channel and Revenue Owner. Leads revenue strategy, channel development, strategic accounts and partnerships Federal and Enterprise. Drives public-sector go-to-market and the federal and enterprise customer pipeline Operator and Product Leader. Ran U.S. operations at Lakes Environmental; earlier a software product manager 1994 B.S., Fisheries & Wildlife Management 1997 Project and Program Management of Federal procurement for 15 years Until 2016 Software Product Manager, BREEZE Software 2016 GM & VP, U.S. Operations 2025 CRO since April 2026 44 Source: Registration Statement on Form S-4 (File No. 333-299164), as filed with the SEC on September 28, 2026 (Management of PubCo). Eigenq.com leadership page. Third party logos are the property of their owners and shown for identification only. C A R E E R H I G H L I G H T S

© EigenQ 2026 45 EigenQ Anticipates Scaling Sales Through OEM Infrastructure Distribution Global Commercial Path(1) U.S. Trusted Supply Chain Path(2) Titan + Multiple OEMs for U.S. Trusted Supply Chain Deployments WNC + Multiple OEMs for Global Commercial Deployments & Other OEMs Commercial Server Configuration & VARs Commercial & Enterprise End-Customers & Other OEMs TSC-Compatible Server Configuration U.S. Government & Critical Infrastructure Targeted OEM Partners(3) ➢ Dell ➢ Super Micro ➢ Intel ➢ AMD ➢ NVIDIA (1) Pursuant to agreement with WNC. (2) Pursuant to purchase orders with Titan Circuits. (3) EigenQ does not currently have a commercial relationship with these OEMs. (4) Source: HPE solution brief, 'Upgrade to next-generation security for the quantum era,' document ID a00159324enw. HPE publication supports EigenQ's infrastructure integration, quote-readiness, route-to-market and commercial positioning. It does not represent contracted revenue, purchase orders, backlog, bookings, committed sales volume, or guaranteed customer adoption. (4) HPE-Published Solution Brief Confirms EigenQ's OEM Route-to-Market Readiness The solution brief describes an EigenQ + HPE security bundle built on HPE ProLiant Compute ✓ Not just a concept, positioned as a deployable solution ✓ OEM/channel validation ✓ Clear end-customer value proposition ✓ Deployment advantage → No "rip & replace" ✓ ✓ ✓ ✓

© EigenQ 2026 A Channel-Led Model Built Around Deployable PQC+ Hardware R&D Validated Commercializing NIST CAVP validated · April 2025 C O M P A N Y S T A G E Commercialization-Stage Build the route to market around products customers can evaluate, quote and deploy now PCIe M.2 P R O D U C T F I T PCIe + M.2 Two form factors support server, appliance, edge and embedded deployments RETROFIT ATTACH S A L E S M O T I O N Retrofit + Attach Sell into the installed base today while attaching to new infrastructure purchases Defense Intelligence DHS High-Assurance Initial Beachhead Buyers M A R K E T E N T R Y Federal First Defense, intelligence, DHS and other high-assurance buyers create the initial beachhead C U S T O M E R O U T C O M E Quantum-resistant, zero friction Add quantum-resistant security to infrastructure organizations already use – without making the route to procurement or deployment harder Source: EigenQ management; NIST CAVP validation records (April 2025). Product images: EigenQ PQC+ PCIe and M.2 modules; HPE ProLiant server shown for illustration. 46

© EigenQ 2026 Two Paths Create Near-Term Access and Long-Term Scale Retrofit opens accounts now; attach builds repeatable volume as customers refresh their platforms M O T I O N 1 · N E A R - T E R M Retrofit the Install Base The fastest path when compatible infrastructure is already deployed PCIe Retrofit 1 Map Installed servers / edge estate 2 Qualify Compatibility + use case 3 Quote TD SYNNEX / Carahsoft 4 Prove Pilot only when required 5 Order Production + fleet expansion Near-term access to the installed base M O T I O N 2 · S C A L E Attach to New Platform Purchases Make EigenQ part of planned server, appliance and edge refreshes PQC+ OEM bundle 1 Configure OEM / reference platform 2 Target Named account + VAR / SI 3 Quote Bundle before BOM closes 4 Accept Technical + acquisition path 5 Scale Repeatable platform attach Long-term scale through platform refresh cycles B O T H M O T I O N S C O N V E R G E on the same commercial discipline Named Customer Quote Evidence Order Source: EigenQ management. Note: BOM = Bill of Materials. Product images shown for illustration. 47

© EigenQ 2026 Channel and Platform Relationships Multiply Customer Access Each layer extends EigenQ's reach into procurement paths, installed infrastructure and named accounts customers already use V E N D O R Product architecture · technical qualification · partner enablement · opportunity conversion P R I M A R Y C H A N N E L Quoting · fulfillment · public-sector channel execution · contract access O E M / P L A T F O R M Integration · platform enablement · evaluation paths · installed-base reach V A R / S I E X E C U T I O N Account access · contract paths · first-line selling · opportunity ownership · support / services Sterling Norseman All Points Vibrint TekSynap Impres T A K E A W A Y EigenQ is building on the procurement, account relationships and installed infrastructure customers already use Source: EigenQ management. Note: Partner names reflect current channel, platform and VAR / SI relationships; logos are the property of their owners and shown for identification only. Relationships are shown at different stages of contractual engagement, technical integration and commercial activation. Their inclusion does not, by itself, represent customer orders, minimum purchase commitments or contracted revenue. 48 Reach widens at every layer L E G E N D Executed Agreement Unboxed: platform workstream, evaluation or target opportunity

© EigenQ 2026 Pilots Are Designed as Purchase Gates, Not Open-Ended Demos Every pilot must answer one commercial question: what evidence is required to release the production decision? 1 Sponsor Technical + mission owner 2 Criteria Success / acceptance evidence 3 Deploy Unit, install, test window 4 Prove Results vs. agreed criteria 5 Buy Buyer, funding contract path 6 Scale Quote, order, expansion PURCHASE GATE V A L I D A T I O N P A T H S Federal / Mission Systems Security, platform fit and procurement evidence tied to a named use case VAR / SI Labs Reusable demos plus account-specific validation to recruit and qualify demand Distributor / OEM Labs Repeatable enablement, configuration validation and bundle readiness R U L E No Pilot Without: Sponsor Success Criteria Test Window Expected Quantity Path to Purchase Note: The purchase gate is the point where agreed evidence releases the production decision. 49

© EigenQ 2026 Partner Breadth Matters Less than Activating the Right Reps and Accounts PQC+ integrates with HPE ProLiant servers, so EigenQ targets the VARs that sell the most HPE servers – and that volume is concentrated 115 HIGH-VOLUME HPE VARS ≥$500K six-month HPE sales in the internal account analysis 90% QUALIFIED COVERAGE Share of positive HPE sales represented by those 115 VARs H P E V A R C H A N N E L · T O P 1 5 V S . N E X T 1 0 0 H I G H - V O L U M E V A R S Share of Qualified Sales Top 15 VARs · 60% Next 100 VARs · 40% H O W E I G E N Q A C T I V A T E S T H E S E V A R S 1 Rank Historic OEM / server revenue 2 Map Top reps, end customers, contracts 3 Enable Positioning, SKUs, quote workflow 4 Convert Quote, pilot decision, next action 5 Review Weekly owner / date / evidence ↻Weekly Review Loop OPERATING PRINCIPLE Video-qualify first; use in-person resources where account density and conversion potential justify the investment Source: EigenQ internal account analysis of HPE VAR sales, six-month period. Note: VAR = value-added reseller. Figures describe HPE's VAR channel, not EigenQ sales. High-volume VARs = ≥$500K six-month HPE sales. "Qualified sales" read as sales through those 115 VARs (Value Added Reseller). 50

© EigenQ 2026 The Channel Model Is Designed to Compound Commercial Leverage Every accepted deployment widens the installed base the channel sells into next C H A N N E L F L Y W H E E L Compounds with each cycle 1 Installed Base 2 Enabled Sellers 3 Quotes 4 Selective Pilots 5 Accepted Deployments 6 Fleet Expansion C O M M E R C I A L L E V E R A G E Lower Customer-Acquisition Burden Partner coverage creates more account access than a direct- sales-only footprint Faster Procurement Paths Distribution, VAR relationships and contract access can reduce transaction friction Multiple Expansion Vectors All build on the same installed base: Retrofits New-Server Attach Fleet Expansion Support & Maintenance D I R E C T E I G E N Q F O C U S Strategic accounts, technical proof and partner activation – the parts that create the most leverage Note: Flywheel reflects the intended channel model. 51

© EigenQ 2026 Commercial Foundations Are in Place to Convert Validation into Repeatable Revenue Four foundations now support a repeatable, partner-led commercialization model 1 Procurement Paths Established TD SYNNEX / DLT and Carahsoft give partners defined routes to quote and fulfill EigenQ opportunities 2 Platform Ecosystem Expanded HPE ProLiant integration is complemented by Dell, Intel, AMD, Cisco and Supermicro workstreams 3 Partner Engine Operational Priority VARs and SIs are being ranked, mapped, enabled and measured against quote / pilots / order actions Rank Map Enable Measure Quote · Pilot · Order 4 Validation Tied to Purchase The pilot framework links technical evidence to a buyer, contract path, order decision and expansion plan Evidence Buyer Contract Path Order Expansion T A K E A W A Y EigenQ is moving from product readiness to a repeatable, partner-led commercialization model that can scale across installed infrastructure More Customer Access Lower Transaction Friction Disciplined Proof-to-Order Conversion Multi-Platform Expansion Optionality Note: Third-party logos are the property of their owners and shown for identification only. Relationships are shown at different stages of contractual engagement, technical integration and commercial activation. Their inclusion does not, by itself, represent customer orders, minimum purchase commitments or contracted revenue. 52 Executed Agreement Unboxed: workstream, evaluation or target

© EigenQ 2026 P A N E L The Quantum Threat and The Federal Mandate Alexander Truskovsky Chief Information Security Officer, EigenQ 28 Years in Security & Software AWS. Launched support for post-quantum digital certificates in AWS Private CA Quantum-safe pioneer. Director of Technical Strategy at ISARA (quantum security) Enterprise security. Key management solutions at Nokia; earlier BlackBerry and Oracle MBA, Wilfrid Laurier · M.Comp.Sc., Concordia E X P E R I E N C E 54 John Petrie President, The Petrie Group Former Global CISO, NTT Security MBA, City University of Seattle · B.S., University at Albany · CISSP 30+ Years in Cybersecurity Security Executive. President of The Petrie Group since 2014; counselor to the NTT Group CISO through 2025 NTT Security. Global CISO (2016–18), CEO Americas (2018–19) and CEO, NTT Security US (2022–23) Advisor and Investor. Boards at NightDragon, ISTARI, Team8 and Morphisec; LP, LEAD Cyber Interest Group Harland Clarke E X P E R I E N C E GUEST PANELIST Source: Registration Statement on Form S-4 (File No. 333-299164), as filed September 28, 2026 (Management of PubCo) for Alexander Truskovsky; John Petrie – Marquis Who's Who profile (Sept. 2026). Third-party logos shown for identification only.

© EigenQ 2026 55 Quantum Risk to Public-Key Cryptography AI Accelerates Attacks Confidentiality Encrypted data collected today may be decrypted later Trust and Identity Forged signatures could undermine software updates and device identity AI helps attackers find weaknesses and exploit them faster Why Start Now Long data and system lifetimes make migration planning urgent The Threat

© EigenQ 2026 56 The Mandates 27 Oct 2026 U.S. National Security Systems Discover and Plan Priority Migrations Complete Migration U.S. Federal · High-Value and High-Impact Systems UK Guidance · Recommended Targets PQC Key Establishment PQC Digital Signatures New Systems Capable of PQC(1) Phase Out Incapable Systems(2) 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2035 2031 2028 2030 2031 2030 2027 Selected requirements and recommended targets (1) January 2027 Procurement gate – First hard deadline as set forth in the NSA's Commercial National Security Algorithm Suite 2.0 (CNSA 2.0); NSA and other government mandates are not rules and are subject to change. (2) As set forth and described in the NSA's Commercial National Security Algorithm Suite 2.0 (CNSA 2.0); NSA and other government mandates are not rules and are subject to change.

© EigenQ 2026 57 1 Standards and Evidence Appropriate algorithms, validation and proof of deployed protection 2 Protected Keys and Identity Key protection and randomness assurance, with hardware-backed identity where needed 3 Migration that Works Controlled crypto agility, tested integration and acceptable performance 4 A Practical Deployment Path Upgrades, retrofits on supported existing servers, or replacement What Customers Need

© EigenQ 2026 59 S P E A K E R S Capital Markets, Finance and Public-Company Readiness Dan Nash Chairman & CEO, SVAQ B.A. Economics, Penn · MBA, UC Berkeley Haas $50B+ M&A Transaction Value Executed $14B+ Total Capital Raised 55 De-SPAC Transactions Advised SVAQ Chairman & CEO. Founder and Managing Partner, SV Capital Advisors SPAC Leader. Co-founded and led investment banking at Cohen & Company Capital Markets Tech Banker & CFO. Ran internet banking at Wells Fargo; ex-CFO of Machine Zone Martin Zinny Chief Financial Officer, SVAQ B.S. Accounting, Boston College · MBA, University of Chicago 20+ Years Investing 3 SPAC IPOs as CFO $720M Capital Raised in those IPOs SVAQ CFO. Also, CFO of Freedom Metals and Silicon Valley Acquisition Corp. II Buy-Side Investor. Led Fidelity's consumer team; later Whale Rock and Millennium Investor Access. Global Head of Corporate Access and Research Sales, Point72 E X P E R I E N C E Sources: Company websites and Registration Statement on Form S-4 (File No. 333-299164), as filed with the SEC on September 28, 2026 (Management of SVAQ) Note: Dan Nash figures reflect transactions overseen at Cohen & Company Capital Markets (CCM); de-SPACs include announced or closed business combinations. Martin Zinny IPOs: DP Cap Acquisition Corp I ($230M), SVAQ ($215M), Freedom Metals ($275M). Cristiane Lagos and Natan Aronshtam: EigenQ management. Third-party logos shown for identification only. DP Cap Acquisition I E X P E R I E N C E Cristiane Thé Executive Controller 25+ Years in Finance & Controller Roles Startup Controller. Controller experience at tech startups, including software companies EigenQ Finance. Leads day-to-day finance, controls and reporting Natan Aronshtam Audit Committee Chair 25+ Years as an Executive & Adviser at Deloitte Going-Public Readiness. Helps companies prepare to go public, including controls and reporting Audit Committee Chair. PubCo director nominee

© EigenQ 2026 Illustrative Forecasts & Commercialization Path(1) 60 Massive Market Opportunity & Mandate-Driven Demand Estimated $449B+ global server market(3), with regulatory mandates and accelerating AI infrastructure investment driving the need for quantum-safe security Scalable, Capital-Light Distribution Model OEM → Distributor → VAR strategy leverages established infrastructure channels to drive adoption and scale with limited capital investment Attractive Unit Economics (2) Estimated ~$50K revenue per PQC+ server bundle at ~68% contribution margin, with potential for an additional $6K in annual software renewals, based on assumptions detailed below Recurring Revenue & Expanding Margins (2) Hardware-anchored platform with anticipated recurring QEM software subscriptions and potential future OEM licensing arrangements may support long-term gross margins in the range of 65–70% Significant Operating Leverage (2) Anticipated channel-driven growth and scalable cost structure intended to support efficient use of capital and may facilitate achievement of adjusted EBITDA margins in the range of 30–40% or higher as commercialization scales Recurring Revenue Layered on the Installed Base QEM renewals (~90% modeled renewal) plus OEM IP licensing and per-unit royalties ILLUSTRATIVE MODEL AT A GLANCE(1) ~$270–330M Illustrative Potential Commercialization Year 2 Revenues(2) 65–70% Illustrative Long-Term Gross Margin Range(2) >40% Illustrative Long-Term Adjusted EBITDA Range(2) HARDWARE-ANCHORED | SOFTWARE-LIKE MARGINS CHANNEL-SCALED Note: Unit economics and ranges are illustrative, based on the management conservative base case, and subject to external validation. Adj. EBITDA is non-GAAP. See Disclaimers and Appendix D. (1) All forward-looking estimates, forecasts and metrics derived therefrom are illustrative only and subject to the limitation and qualifications set forth on Slides 2-3. Figures and metrics on this slide are based on illustrative forecasts prepared by EigenQ management, incorporating assumptions further detailed in Slides 91-93. (2) Illustrative margin, EBITDA and Adjusted EBITDA information and illustrative metrics, ranges and like information are derived from illustrative "base case" forecast model prepared by EigenQ management as of the Forecast Preparation Date, also taking into account the Federal Deployment Unit Economics Assumptions and Supplemental Range Information further described in Slides 91-93, subject, in all events to Slides 2-3. Includes certain non-GAAP metrics – see Slides 2-3. (3) Estimated 2025 global server revenues (Goldman Sachs Research, Jun-2026); third-party data, not EigenQ TAM. See Slide 17 for estimated server-market detail.

© EigenQ 2026 61 Illustrative Unit Economics | Multiple Potential Revenue Streams(1) $6K $80K ($30K) $50K ($16K) $34K End-Customer Allocated Price Channel & OEM Economics EigenQ Revenue Deployment & Fulfillment Costs Illustrative Unit Contribution Annual Recurring Renewal Revenue 1) Illustrative Single-Server Government PQC+ Bundle Hardware Sales(2) Single-server PQC+ bundle ~42% Revenue per PQC+ bundle ~32% 3) Commercial IP Licensing(4) License IP in EigenQ's PQC+ bundle to OEM / strategic partners, with economics tied to platform access and unit deployment Fixed Annual License Fee Rights to commercialize / embed PQC+ IP, reference design, updates and technical support Unit-Based Royalty Per-unit royalty for each PQC+ bundle embedded / shipped through OEM server programs ANNUAL IP LICENSING REVENUE Fixed License Fee + (Bundles Emb. × Per-Unit Royalty) Upside Rationale: IP licensing complements hardware sales and shifts mix toward asset-light, higher-margin revenue 1 2 (1) Illustrative margin, EBITDA and Adjusted EBITDA information and illustrative metrics, ranges and like information are derived from illustrative "base case" forecast model prepared by EigenQ management as of the Forecast Preparation Date, also taking into account the Supplemental Range Information further described in Slides 91-93, subject, in all events to Slides 2-3. Includes certain non-GAAP metrics – see Slides 2-3. (2) Unit economics are illustrative only based on management estimates and subject to external validation, including with respect to pricing and costs. Example reflects PQC+ Bundle sale to federal end-user through OEM channel. (3) End-customers will be required to subscribe for software QEM renewal for one year and, for purposes of the illustrative forecasts further described on Slides 91-93 are modeled as renewing at a 90% rate thereafter. Pricing subject to external validation. (4) As further described on Slide 91, subject to Slides 92-93, EigenQ anticipates generating recurring licensing/unit-based renewal and loyalty fees for product and for bundles embedded/shipped through OEM server programs. ~68% Contribution Margin Recurring Revenue per PQC+ bundle 2) Illustrative Associated Future Annual Recurring Revenue(3)

© EigenQ 2026 62 Illustrative Commercialization and Scaled Growth Model (1) (1) All forward-looking estimates, forecasts and metrics derived therefrom are illustrative only and subject to the limitation and qualifications set forth on Slides 2-3. Figures and metrics on this slide are based on illustrative forecasts prepared by EigenQ management, incorporating assumptions further detailed in Slides 91-93. (2) Illustrative margin, EBITDA and Adjusted EBITDA information and illustrative metrics, ranges and like information are derived from illustrative "base case" forecast model prepared by EigenQ management as of the Forecast Preparation Date, also taking into account the Federal Deployment Unit Economics Assumptions and Supplemental Range Information further described in Slides 91-93, subject, in all events to Slides 2-3. Includes certain non- GAAP metrics – see Slides 2-3. Note: Pre-Commercialization reflects the Pre-DeSPAC Funded Case. Not guidance; forecasts are not based on contracts, purchase orders, backlog or binding commitments and remain subject to validation. Pre-Commercialization PILOT Year 1 INFLECTION Year 2 SCALE Initial Validation 52 pilot engagements; extended federal procurement timelines NM NM $2.5–3.5M Lab / test equipment & QA tooling ~$120–155M Initial PQC+ bundle and PCIe retrofit shipments 45–55% 30–35% ~7–10% $8–16M; demo units & channel enablement ~$270–330M ~2.2x Y-o-Y increase; ~6% recurring QEM + licensing 60–65% 25–30% ~5–6% $15–20M; capital-light at scale Investment year: ~$9M funded acceleration Revenue weighted to 2H of Year 1; Adj. EBITDA turns positive Operating leverage; ~24–34% post- CapEx cash conversion NM 30–40% Illustrative Model(2) Revenue Gross Margin OpEx / Revenue Adj. EBITDA Margin CapEx Spend Incremental to OpEx 10–25% 65–70% Gross Margin <25% OpEx / Revenue >40% Adj. EBITDA Margin <5% CapEx / Revenue COMMERCIALIZATION / SCALING PHASE

© EigenQ 2026 63 Investment Highlights (1) Q-Day — the arrival of a cryptographically relevant quantum computer capable of breaking the Rivest–Shamir–Adleman algorithm ("RSA") at scale. QUANTUM THREATS REQUIRE QUANTUM SOLUTIONS EIGENQ IS RACING TO MAKE THE QUANTUM THREAT IRRELEVANT, BEFORE Q-DAY ARRIVES(1) Security Layer for Post-Quantum Infrastructure Full-Stack, Hardware-Anchored Platform Embedded into OEM Servers to Enable Deployments at Scale Production-Ready Supply Chain Capital-Light Model with Expanding Margins Significant Anticipated Market Tailwinds from Quantum & Government Mandated Demand Team with Deep Quantum Expertise, Cryptography, Compute Infrastructure and Commercial Focus

© EigenQ 2026 Transaction & Secured Financing ~$3.0B Illustrative Enterprise Value Transaction illustration carried in the investor presentation ~$45M Aggregate Secured Financing Gross Proceeds Secured Financing Initial Conversion Price: $12.00 per share Illustrative transaction value; multiples reflect the ~$3.0B illustrative enterprise value against the illustrative 2027E / 2028E forecasts in Appendix D (Adj. EBITDA is non-GAAP). Secured Financing summary terms: up to $44.45M aggregate principal of senior secured convertible notes issued at a 10% original issue discount (~$40.0M aggregate purchase price: ~$20.0M initial closing on September 17, 2026 and ~$20.0M additional closing immediately prior to the Business Combination closing, subject to conditions); interest of 8% per annum if paid in cash or 10% per annum if paid in kind (PIK); initial conversion price of $12.00 per share, resetting every nine months to the lowest daily VWAP over the preceding five trading days, subject to a $5.00 floor; 100% warrant coverage (~3.7M warrants, $12.00 exercise price, five-year term, $5.00 floor on price adjustments); transfer of up to 1,000,000 sponsor founder shares to the investor; minimum-cash covenants and collateral over substantially all EigenQ assets. Aggregate financing assumes the additional closing and BCA closing; gross proceeds differ from note principal, net proceeds and available cash. For the full terms see the Form 8-K filed September 18, 2026 (Securities Purchase Agreement and forms of Note and Warrant, Exhibits 10.1–10.8) and the Registration Statement on Form S-4 (File No. 333-299164), as filed with the SEC on September 28, 2026. 64 2 0 2 8 E Implied EBITDA Multiples 28.8x / 34.6x Adj. EBITDA / Post-CapEx EBITDA at Financial Target Midpoint 2 0 2 7 E / 2 0 2 8 E Implied Revenue Multiples 22.0x / 10.1x At Financial Target Midpoint

© EigenQ 2026 67 Four Leading Quantum Computing Technologies K E Y T A K E A W A Y Multiple quantum computing architectures are advancing in parallel, with no clear long-term winner As quantum capabilities mature, the need for post-quantum cybersecurity grows – regardless of which architecture ultimately prevails Superconducting Qubits H O W I T W O R K S Electrical circuits cooled to near absolute zero K E Y A D V A N T A G E S / C H A L L E N G E S + Fast operations and mature ecosystem – Significant cooling requirements L E A D I N G C O M P A N I E S IBM Google Rigetti Trapped Ions H O W I T W O R K S Individual charged atoms controlled by lasers K E Y A D V A N T A G E S / C H A L L E N G E S + High accuracy and coherence – Slower operations and scaling challenges L E A D I N G C O M P A N I E S IonQ Quantinuum Neutral Atoms H O W I T W O R K S Uncharged atoms trapped and manipulated with lasers K E Y A D V A N T A G E S / C H A L L E N G E S + Potential for large qubit arrays – Error correction and control remain challenging L E A D I N G C O M P A N I E S QuEra Pasqal Atom Computing Photonic Quantum H O W I T W O R K S Uses individual photons to encode and process quantum information K E Y A D V A N T A G E S / C H A L L E N G E S + Potential for optical networking and reduced cooling needs – Photon loss and scaling challenges L E A D I N G C O M P A N I E S PsiQuantum Xanadu Source: Boston Consulting Group, "Making Business Sense of Quantum Hardware," September 2026. Note: Leading companies shown are illustrative examples, not an exhaustive list, and do not imply any relationship with EigenQ. Company names are the property of their respective owners and are shown for identification only.

© EigenQ 2026 PARTNERSHIPS 68 Multiple Near-Term Growth Vectors 2026 2027 2028 2029+ Commercial Reach Projected Product Roadmap: Strategic Sequence BEACHHEAD Quantum Cybersecurity & Compliance SURFACE AREA EXPANSION Quantum AI – Performance & Optimization SURFACE AREA EXPANSION Quantum Internet – Network Expansion PLATFORM CONSOLIDATION Quantum Computing Solutions Launch with federal, government and critical infrastructure end- customers Expand into the global public sector including U.S.-allied governments and sovereign infrastructure operators Extend from cybersecurity beachhead into adjacent platform use cases across AI, network and compute-security Target commercial deployments in select industry verticals including banking and healthcare Initial OEM infrastructure integration with major server manufacturers Commercial IP licensing and embedded deployment model with strategic compute partners Broader government, enterprise and infrastructure ecosystem across security, AI and networking domains COMMERCIALIZATION PLAN

© EigenQ 2026 THE HYBRID APPROACH Quantum where it makes sense Silicon where it works best Connected, so customers benefit from both Security is the starting point for the broader applied-quantum vision © EigenQ 2026

© EigenQ 2026 71 S P E A K E R S The Engineers Behind the Technology Raúl Zuleta Chief Technology Officer, EigenQ M.S. CS & M.S. Analytics, Georgia Tech · B.S. Electronic Eng., Univ. Mayor 15+ Years of R&D 2 Companies Founded 8 Years as Fintech CTO EigenQ CTO. Leads hardware, device integration and secure communications R&D Post-Quantum Pioneer. Founded GoQuantum, a quantum encryption startup Fintech CTO. Built mobile payments platforms as CTO of IONIX across Latin America 2009 CTO, IONIX Mobile Payments QIN Technology 2012 Co-founder & Director 2018 Founder & CEO RIZT Norte America 2025 CTO; also, GM at RIZT (since 2024) Nadeem Said Quantum Photonics Researcher, EigenQ Ph.D. Student, University of Waterloo B.A.Sc. Computer Engineering, Waterloo 7 Quantum Peer-Reviewed Research Papers 5 Years of Co-op Experience 4× Academic All-Canadian Quantum Photonics. Ph.D. research in quantum photonics at University of Waterloo Quantum Security. Research on continuous-variable quantum communication Applied AI Engineer. ML and data roles at Lakes Quantum and Lakes Environmental C A R E E R T I M E L I N E 2020 BASc Computer Engineering, University of Waterloo 2022 Software developer; AI & data engineer 2024 Machine Learning Engineer Now Quantum Photonics Researcher Source: Registration Statement on Form S-4 (File No. 333-299164), as filed with the SEC on September 28, 2026 (Management of PubCo). Third-party logos shown for identification only. C A R E E R T I M E L I N E

© EigenQ 2026 NSA's CNSA 2.0 Mandate Be Quantum-Resilient By January 2027 (1) 2027 73 FEDERAL POST- QUANTUM MIGRATION IS ALREADY MANDATED From Procurement Gate to Full Enforcement SEPTEMBER 2026 FIPS 140-2 sunset JANUARY 2027 Procurement gate DECEMBER 2030 Phase-out deadline DECEMBER 2031 Mandatory across NSS (1) As set forth and described in the NSA's Commercial National Security Algorithm Suite 2.0 (CNSA 2.0); NSA and other government mandates are subject to change. First Hard Deadline

© EigenQ 2026 75 Differentiation vs. Others: Not a Quantum Science Project, Infrastructure Certainty EigenQ Has What Others Lack • Embedded directly in hardware, no standalone sales engine or dedicated channel buildout needed • Built around OEMs, distributor and VAR channels designed to scale without a dedicated direct-sales buildout • Potential to generate recurring revenue through renewals and attestation, not purely a one-time hardware sale like most quantum plays • An infrastructure certainty bet, not a speculative quantum-compute adoption story • Positioned for near-term PQC procurement cycle, not a future quantum-compute horizon Server OEMs Classical Security Quantum Computing PQC Vendors No Rip-and-Replace Migration Path ~ ~ Federal / Enterprise Dual Lane ~ ~ Hardware-First Approach ~ ~ Near-Term Revenues ~ OEM / Channel Embedded Model ~ Hardware + Software + IP Licensing Mix ~ Quantum Safe Solutions

© EigenQ 2026 82 ...That Fits at the Infrastructure Layer of OEM Servers to Enable Critical Workloads... Targets the infrastructure layer where quantum- safe security will be deployed, purchased and scaled Built for the transition: strengthening current legacy and hybrid infrastructure while preparing customers for a fully quantum-secure future END WORKL O AD S / USE CASES AI / ML · Financial Transactions · Government Workloads · Healthcare Data · Critical Infrastructure OEM Server Platform ▣ CPU / GPU / Accelerators Compute engines for workloads ▤ Smart NIC / Storage Networking, data movement, storage ♙ Firmware / Boot / Key Mgmt. Secure boot, firmware integrity, key lifecycle EigenQ Embedded Quantum- Safe Security Component PQC acceleration | Hardware root-of-trust | Secure data-in-motion | Crypto agility | QRNG for PQC key generation(1) | Platform & workload trust (1) QRNG refers to Quantum Random Number Generation. EigenQ's embedded quantum-safe security component refers to the PQC+ module combining post-quantum cryptography with QRNG-based entropy for secure key generation, plus hardware root-of-trust, secure key storage, crypto-agility and platform attestation within OEM servers.

© EigenQ 2026 83 HPE Quantum-Hardened Server EigenQ's PQC+ platform integrates with HPE ProLiant Gen12 servers to create a quantum-hardened security layer for enterprise compute environments HPE compute infra + EigenQ quantum-security layer

© EigenQ 2026 NIST CAVP Validation Achieved in April 2025 Two validated implementations support the platform. Each record has a defined version, environment and algorithm scope Sources: NIST CAVP A6790 and A6797, verified 9 Oct 2026; Registration Statement on Form S-4 (File No. 333-299164), as filed with the SEC on September 28, 2026, pgs. 246-247. Note: Algorithm validation is not FIPS 140-3 module validation, a system authorization or an assurance of procurement eligibility. NIST CAVP A6790 10 April 2025 QRNG-DRBG Hardware v1.0.0 HMAC-DRBG, HMAC-SHA2-256 and SHA2-256 Tested environment: EigenQ PQU PCIe x4 QMA Board rev 3 NIST CAVP A6797 14 April 2025 Quantum Encryption Module Software v1.0.0 ML-KEM and ML-DSA functions; SHA-3 and SHAKE capabilities Tested environment: Ubuntu 22.04 on Intel Xeon Silver 4309Y 85

© EigenQ 2026 Validation Records and Tested Scope The NIST records are the authoritative source for each listed implementation Sources: NIST CAVP records A6790 and A6797 and CAVP program overview, verified 9 Oct 2026. Record / First Validation Implementation and Environment Selected Listed Capabilities A6790 10 April 2025 QRNG-DRBG v1.0.0 Hardware: PQU PCIe x4 QMA Board rev 3 HMAC-DRBG HMAC-SHA2-256 SHA2-256 A6797 14 April 2025 QEM v1.0.0 Software: Ubuntu 22.04 on Intel Xeon Silver 4309Y ML-KEM key generation and encapsulation / decapsulation ML-DSA key generation, signature generation / verification SHA3-256/512; SHAKE-128/256 Open A6790 record Open A6797 record Validation does not automatically extend to another hardware revision, platform or product form factor 86

© EigenQ 2026 A Shared Vocabulary for the Discussion Technical capabilities, commercial evidence and financial measures answer different questions Sources: Registration Statement on Form S-4 (File No. 333-299164), as filed with the SEC on September 28, 2026, product and commercial definitions; NIST CAVP program; EigenQ financial-model methodology. PQC / QEM Post-quantum cryptography / Quantum Encryption Module: the cryptographic technology and EigenQ software implementation QMA / QRNG-DRBG EigenQ hardware form factors / the named random-number-generator implementation listed under A6790 CAVP NIST validation of specified algorithm implementations in identified operating environments; distinct from FIPS 140-3 module validation Evaluation / order / revenue A lab evaluation is not a purchase order; an order is not recognized revenue until the applicable accounting criteria are met Pipeline / lifecycle revenue An opportunity is not committed backlog. Renewals and lifecycle revenue depend on actual contractual terms and customer decisions Gross financing / liquidity Cash purchase price differs from note principal, net proceeds, current cash and cash available above applicable reserves 87

© EigenQ 2026 89 Hardware-First Approach with Ability to Embed Recurring Software & Licensing Hardware Embedded Sales • Primary near-term revenue driver • Distributor + VAR channels, enable scalable global reach • Anticipated to capture large upfront revenue from infrastructure deployments Software / SDK Licensing • Recurring runtime / SDK royalties • Monetizes growing deployed hardware install base • Anticipated high-margin revenue stream from ongoing security lifecycle needs Platform Services • PQC PKI, attestation and managed key services • Subscription model layered on deployed infrastructure • Anticipated long-term, high- margin recurring revenue layer Enterprise Licensing • OEMs manufacture / integrate under EigenQ license • Ongoing royalties tied to production and usage • ARM-like ecosystem model enables capital-light growth

© EigenQ 2026 91 Illustrative Management Base Case Forecasts and Supplemental Range Information – Revenues* Commercialized Year 1 Commercialized Year 2 2027E ILLUSTRATIVE RANGE 2028E ILLUSTRATIVE RANGE Est. Total Revenues ($M) Core Channel Revenue PQC+ server bundles $117.6 $101.9 – $131.8 $245.2 $221.4 – $270.1 QEM renewals $0.9 $0.9 – $0.9 $13.6 $11.9 – $15.1 PCle retrofit boards $16.7 $14.4 – $18.7 $34.7 $31.4 – $38.2 M.2 PQC+ edge modules $0.4 $0.3 – $0.4 $0.7 $0.7 – $0.8 Total core channel revenue $135.6 $117.5 – $151.8 $294.2 $265.3 – $324.2 OEM Licensing Revenue $2.9 $2.5 – $3.2 $5.3 $4.7 – $5.8 Est. Total Revenue $138.4 $120.0 – $155.0 $299.5 $270.0 – $330.0 1) Information is Illustrative Only; Financial Model & Non-GAAP Metrics - Information set forth above is illustrative only, prepared as of the Forecast Preparation Date in connection with the potential proposed transactions. As EigenQ, as of the date of the Presentation, has not yet begun generating revenues and profits, finalized its revenue recognition policies and practices or externally validated pricing, pipeline, market opportunity, penetration rates, product mix, sale transaction and licensing terms, among other assumptions and inputs, the information set forth above is speculative in nature and should not be relied upon when making investment decisions. All figures are forward-looking and subject to the terms and limitations set forth on Slides 2-3; actual future EigenQ operating and financial results may vary and will likely be different, perhaps materially, from the illustrative estimates included in this Presentation. Illustrative forward-looking information is derived from internal market scenario-based models not prepared with a view towards public disclosure or adherence to GAAP presentation and requirements and should be read in conjunction with Slides 2-3 and the notes below, including Note 4. Actual results may be different from the illustrative figures presented. 2) Key Drivers – Illustrative estimated forecast period ("FP") revenues are comprised of: (i) Core Channel Revenues: potential core channel revenues from product sales, including PQC + server bundles, PCIe retrofit boards, M.2 PQC + edge modules and, beginning in FP Yr 2, QEM renewals, through prospective OEM server -> distributor -> VAR -> end-customer channels; and (ii) OEM Licensing Revenues: represents potential illustrative OEM licensing revenues, assuming that, as commercialization ramps, EigenQ complements core channel hardware sales by securing OEM/platform licensing contracts. The illustrative estimated revenue figures reflected above are derived from Company management internal model scenarios not prepared with a view towards public disclosure. 3) Key Assumptions: a) Unit Sales – Potential future unit sales figures incorporated into management base case model are based on illustrative management assumptions regarding penetration rates of 0.500% in 2027 and 0.800% in 2028 applied to management's modeled channel-enabled serviceable U.S. server opportunity. The modeled denominator is derived from the broader server-market context shown on Slides 17 and 18, but constrained by assumed route-to-market readiness, prospective channel capacity, product availability, deployment timing, financing, and management's commercialization assumptions. These assumptions are not based on current customer contracts, purchase orders, formal quotations, backlog, bookings, executed OEM licenses, or binding customer commitments. As of the date of this Presentation, EigenQ management provisionally believes sales and potential revenues derived therefrom may be more heavily weighted towards H2 Commercialized Year 1 (2027E). b) Product Mix – Product mix assumptions incorporated into management base case model reflect management illustrative estimates of potential future federal/commercial product mix of 65%/35% for FP Yr 2 (2027E), and 50%/50% for FP Yr 3 (2028E), reflecting management expectation that federal and regulated-market adoption may precede broader commercial adoption. These mix assumptions are scenario assumptions and are not based on executed contracts or purchase commitments. Fulfillment of federal end-user orders is generally more costly than commercial customer order fulfillment due to manufacturing, freight/distribution and other government-specific requirements. QEM renewal fees are modeled as commencing in Commercialized FP Year 1, though anticipated, relative to illustrative adoption timeline, to follow initial product deployment ramp/acceleration phase, at a 90% Y-o-Y renewal rate after the initial one-year required QEM subscription period. c) Product Pricing – Modeled product pricing reflects assumed product-mix weighted average EigenQ ASPs based on management assessment, industry comparables for security appliances, anticipated value-stack positioning, and estimated federal/TAA/BAA-related cost impacts, as applicable. Pricing assumptions are not based on current customer quotes, executed contracts, purchase orders, or binding price commitments. d) OEM Licensing Revenues – Illustrative estimated revenues from OEM licensing arrangements reflect numerous assumptions, including, without limitation, that EigenQ, in the future, identifies and enters into IP out-licensing arrangements with currently anticipated or other OEM sales channel partners, taking into account estimated pricing and terms based on management professional experience and industry knowledge, as opposed to actual terms, contracts or arrangements in place as of the Forecast Preparation Date. As of the date of this Presentation, EigenQ does not have signed licensing agreements or negotiated terms of such agreements in place with OEMs and the illustrative information contained herein with respect to future potential OEM licensing arrangements, if any such arrangements materialize, is likely to be different from actual OEM licensing terms set forth in definitive agreements, purchase orders, formal quotations, or binding customer commitment therefor, as applicable. Semiconductor IP and software licensing reference point comparables support the use of a license/royalty framework as a structural analog, but actual economics would depend on future negotiated terms, including license scope, field of use, exclusivity, support obligations, royalty base, minimums, reporting/audit rights, and ASC 606 treatment. e) Illustrative Ranges – Illustrative ranges reflect "Supplemental Range Information", prepared as of late October 2026, illustrating ranges of future potential revenues EigenQ may be able to achieve, taking into account, as assumptions, all of the assumptions incorporated into the illustrative management base case forecasts prepared as of the Forecast Preparation Date, together with further information gleaned by EigenQ management since the Forecast Preparation Date from, among other sources, discussions with OEMs, VARs, distributors and other channel participants, as well as published information regarding the status of US federal government agency PQC preparedness and adoption/implementation as of the date of this Presentation (see, e.g., U.S. Government Accountability Office (GAO) reports publicly released in early and mid-October available at www.gao.gov), which collectively inform illustrative ranges presented above (which ranges include more specific illustrative revenues forecasts presented in the illustrative management base case model). Timing for potential achievement of illustrative revenues and illustrative metrics derived therefrom or associated therewith anticipated, as of the date of this Presentation, to be weighted towards H2 of Year 1. Actual results may differ and all range information is subject to the limitations and qualifications set forth in Slides 2-3. 4) Other Important Information regarding Illustrative Revenue Forecasts – The management conservative base case model from which the illustrative potential future revenue figures shown above were derived is a scenario-based market-capture model and is not intended to represent GAAP- recognized revenue, backlog, bookings, contracted revenue, or a customer-by-customer forecast. Actual revenue recognition will depend on future contract terms, including delivery and acceptance terms, performance obligations, bundled hardware/software treatment, renewal terms, OEM license structure, variable consideration, channel/principal-agent analysis, and ASC 606 review. * As of the date of this Presentation, these illustrative forecasts are not based on current customer contracts, purchase orders, formal quotations, established customer pipeline, backlog, bookings, executed OEM licenses, committed sales volumes, or binding customer commitments and are subject to Company revenue recognition policy finalization. Illustrative Forecast Information

© EigenQ 2026 92 Illustrative Management Forecasts – Base Case and Supplemental Range Information – Estimated Gross Profits, Adjusted EBITDA, Costs, Margins(1)*(2) (1) Information is Illustrative Only; Illustrative Financial Model & Non-GAAP Metrics - All forecasts, estimates and assumptions set forth above, and incorporated into figures above, are illustrative only, prepared as of the Forecast Preparation Date, and, relative to illustrative ranges, incorporating, also, Supplemental Range Information (as defined on the subsequent slide); the actual timelines within which EigenQ may achieve particular results, if at all, cannot be determined. As EigenQ, as of the date of the Presentation, has not yet begun generating revenues and profits, finalized its revenue recognition policies and practices or externally validated pricing, pipeline, market opportunity, penetration rates, sale transaction and licensing terms, or confirmed anticipated costs and expenses, among other assumptions and inputs, the information set forth above is speculative in nature and should not be relied upon when making investment decisions. As of the date of this Presentation, EigenQ has not yet received or fulfilled product orders and the timelines within which the Company may begin generating significant revenues, incurring fulfillment expenses and refining its commercialization strategies are uncertain. All figures are forward-looking and subject to the terms and limitations set forth on Slides 2-3; actual future EigenQ operating and financial results may vary and will likely be different, perhaps materially, from the illustrative estimates included in this Presentation. Illustrative forward-looking information is derived from the Company's internal market scenario-based model, which was not prepared with a view towards public disclosure or adherence to GAAP presentation and requirements and should be read in conjunction with Slides 2-3. Actual results may be different from the illustrative figures presented. (2) Incorporation of Illustrative Revenue Forecasts – Illustrative estimated Gross Profits, Gross Margin, Adj. EBITDA, Adj. EBITDA Margin, COGS and Operating Expense information is based on, and takes into account, the illustrative revenue forecast information further described on Slide 91, including the assumptions incorporated therein, all of which information is intended to be illustrative only, and is subject to change, including as meaningful product sales are effectuated and Company revenue policies and practices are finalized, among other factors. (3) Illustrative Est. Gross Profits & Gross Margin – Illustrative Est. Gross Profits (calculated as Revenues less COGS) and Est. Gross Margin (calculated as Gross Profits/Total Revenues) reflect, in addition to the assumptions incorporated into the illustrative revenue forecasts (see above), prospective product pricing and other estimates, including with regard to future OEM licensing and end-customer purchase order and contract terms, costs of goods sold (COGS) by product (as further described below), and estimated freight, warranty and fulfillment charges, which estimates were developed in good faith by EigenQ management based on information available to the Company at the Forecast Preparation Date (provided, that, as of the date of this Presentation, the timing for potential achievement of illustrative potential revenues and, by extension, illustrative gross profit, gross margin and other information and metrics derived therefrom or associated therewith, is provisionally expected to be more heavily weighted towards H2 of Year 1, as further described in preceding slides), but are not intended to be, nor should they be considered, representative of actual, future-determined inputs and values. Illustrative Gross Margin estimates are included to highlight the Company's capital light business model, taking into account numerous assumptions and subject in all respects to the terms and limitations set forth in Slides 2-3. (4) Illustrative Ranges: Illustrative ranges presented above constitute Supplemental Range Information (as defined on the subsequent slide), derived from the assumptions incorporated into the illustrative management base case forecasts prepared as of the Forecast Preparation Date, together with further information gleaned by EigenQ management since the Forecast Preparation Date as described in that definition, and are subject to the timing expectations set forth therein. Actual results may differ and all range information is subject to the limitations and qualifications set forth in Slides 2-3. * Information above is solely illustrative and is not based on current customer contracts, purchase orders, formal quotations, established customer pipeline, backlog, bookings, executed OEM licenses, committed sales volumes or binding customer commitments. Illustrative Forecast Information Commercialized Year 1 Commercialized Year 2 2027E ILLUSTRATIVE RANGE(4) 2028E ILLUSTRATIVE RANGE(4) Est. Total Revenues ($M) – Management Base Case(2) Total Revenues (Core Channel Sales + OEM Licensing) $138.4 $120.0 – $155.0 $299.5 $270.0 – $330.0 Illustrative Est. Gross Profits, Gross Margin, Adj. EBITDA, Adj. EBITDA Margin and Post-CapEx EBITDA ($M)(3)(5)(7) Gross Profits $88.4 $54.0 – $85.3 $194.9 $162.0 – $214.5 Gross Margin (%) 63.8% 45% – 55% 65.1% 60% – 65% Adjusted EBITDA Management Base Case $35.9 $12.0 – $38.8 $105.9 $81.0 – $132.0 Adj. EBITDA Margin (%) Management Base Case 26% 10% – 25% 35% 30% – 40% Post-CapEx EBITDA** Management Base Case $25.9 $4.0 – $22.8 $93.9 $66.0 – $112.0 Illustrative Est. COGS, Operating Expenses and Capital Expenditures ($M)(6) COGS ($50.1) ($66.0) – ($69.8) ($104.6) ($108.0) – ($115.5) Operating Expenses ($52.5) ($42.0) – ($46.5) ($89.0) ($81.0) – ($82.5) Capital Expenditures ($10.0) ($8.0) – ($16.0) ($12.0) ($15.0) – ($20.0)

© EigenQ 2026 93 Illustrative Management Forecasts – Base Case and Supplemental Range Information – Estimated Gross Profits, Adjusted EBITDA, Costs, Margins (Cont'd) (5) Illustrative Est. Adjusted EBITDA & Adj. EBITDA Margin (Management Base Case)** Est. Adj. EBITDA (calculated as Gross Profit less Total Est. EBITDA-impacting Operating Expenses, before interest, taxes, depreciation and amortization, excluding certain cash uses described below) and Est. Adj. EBITDA Margin (calculated as Adjusted EBITDA/Total Revenues) information derived therefrom are forward-looking non-GAAP metrics/measures subject to Slides 2-3, prepared based on the illustrative potential revenue estimates further described on Slide 91 and taking into account, also, certain preliminary inputs from anticipated core channel partners as well as EigenQ management estimates at the Forecast Preparation Date, all of which inputs, estimates and assumptions are subject to external validation and change as EigenQ's product sales ramp and its business evolves. Illustrative Adj. EBITDA estimates do not address certain cash uses, such as non-recurring transaction execution expenses, inventory/deposits, capex, working capital and cash reserves, estimates of which are subject to ongoing review by Company management, together with accounting staff and counsel. Commercialized Year 1 information assumes pre-commercialization stage illustrative estimated OpEx and CapEx spend of $8.6M and $0.2M, respectively, in connection with PQC+ deployment preparedness and channel enablement spend. (6) Illustrative Est. COGS and Est. Operating Expenses** (a) Est. COGS - Est. costs of goods sold are product-line based, with hardware/channel lines carrying higher costs than other revenue sources; est. costs of QEM renewal fees and OEM licensing revenues reflect software/license economics, taking into account, in all cases, revenue model assumptions regarding unit sales, product mix and pricing (see Slide 93) for further detail), together with management estimates of freight/shipping costs, warranty-related charges and fulfillment costs, based on professional experience and industry information. As product sales increase, manufacturing/inventory, freight/distribution costs also increase; assumes sales proceeds used for working capital and 60-day customer payment cycle, 90-day inventory availability. (b) Est. Operating Expenses - Est. operating expenses scale materially during later forecast period years to fund R&D, channel enablement, deployment support, audit/legal/SEC readiness and public company infrastructure needs. Excluded from Estimated Operating Expenses are separately identified cash uses not reflected in Adjusted EBITDA, including transaction execution expenses, inventory/deposits, capex, working capital and cash reserves, subject to further review by management, accounting staff and counsel. (7) 2028E Illustrative Est. Post-CapEx EBITDA** (a) Est. Post-CapEx EBITDA - Est. capital expenditures scale as EigenQ's business grows; provided, however, that EigenQ's business model remains capital light, with modeled capex requirements reflecting estimated spending on lab/testing equipment, production/QA tooling, software/internal systems/demo units/channel enablement assets and other uses. All such information represent illustrative estimates, subject to change, assuming depreciation and amortization rates for pre-existing assets consistent with management professional experience with relevant equipment, assets and software systems and estimated product updates costs. ** Illustrative Commercialized Year 1 (2027E) EBITDA and Adjusted EBITDA values, as well as illustrative gross margin, gross profits, COGs, Operating Expenses information, and metrics derived therefrom, assume pre-commercialization stage illustrative estimated OpEx and CapEx spend of $8.6M and $0.2M, respectively, in connection with PQC+ deployment preparedness and channel enablement spend. Supplemental Range Information – Refers to supplemental illustrative ranges of certain illustrative forecast information, estimates and metrics, prepared as of late October 2026 to illustrative future potential results EigenQ may be able to achieve, taking into account all of the assumptions incorporated into the illustrative management base case forecasts prepared as of the Forecast Preparation Date, together with further information gleaned by EigenQ management since the Forecast Preparation Date from, among other sources, discussions with OEMs, VARs, distributors and other channel participants, as well as published information regarding the status of US federal government agency PQC preparedness and adoption/implementation as of the date of this Presentation (see, e.g., U.S. Government Accountability Office (GAO) reports publicly released in early and mid-October available at www.gao.gov), which collectively inform illustrative ranges included in this Presentation. Because Supplemental Range Information reflects information obtained after the Forecast Preparation Date, certain illustrative ranges do not include the corresponding illustrative management base case values, including certain cost, margin and profitability metrics for Commercialized Years 1 and 2 (2027E and 2028E) on Slide 92. Timing for potential achievement of illustrative revenues and illustrative metrics derived therefrom or associated therewith are, as of the date of this Presentation, anticipated to be weighted towards H2 of Year 1. Actual results may differ and all range information is subject to the limitations and qualifications set forth in Slides 2-3. Financing Updates – Prior to the date of this Presentation, EigenQ entered into Secured and Unsecured Financing Transactions further described in the Registration Statement on Form S-4 filed with the SEC in connection with the proposed business combination transaction, all of which transactions, to the extent not already consummated in full as of the date of this Presentation, are assumed to be consummated in full prior to or contemporaneously with EigenQ going public. Information above is solely illustrative and is not based on current customer contracts, purchase orders, formal quotations, established customer pipeline, backlog, bookings, executed OEM licenses, committed sales volumes or binding customer contracts. Actual results may be different, perhaps materially, from illustrative estimates due to a variety of factors. Illustrative Forecast Information

© EigenQ 2026 95 Certain Risks Related to EigenQ and the Anticipated Business Combination All references to the "Company," "EigenQ," "we," "us" or "our" below refer to the Business of EigenQ, Inc. The risks presented below are certain of the general risks related to the Company's business, industry and ownership structure and are not exhaustive. These risks speak only as of the date of this Presentation and neither EigenQ nor SVAQ makes any commitment to update such disclosures. • We have a limited operating history upon which you can evaluate our performance, and accordingly, our prospects must be considered in light of the risks that any new company encounters. • We are an early stage company with a limited operating history in a nascent industry. • We may face potential difficulties in obtaining capital. • We have a limited number of suppliers for significant components of the equipment we use to build and operate our products, services and solutions. Any disruption in the availability of these components could delay our ability to expand or increase the capacity of our infrastructure or repair or replace defective equipment. • We rely on various intellectual property rights, including patents, licenses and trademarks, in order to operate our business. • We rely on licensed intellectual property, and the loss or impairment of these rights could materially harm our ability to develop and commercialize our products, services and solutions. • We may be unable to obtain, maintain and protect our intellectual property rights and proprietary information such as if the scope of patent protection obtained is not sufficiently broad. • We may face patent infringement and other intellectual property claims that could be costly to defend, result in injunctions and significant damage awards or other costs. • Our success is highly dependent on the experience and skill of our board of directors, its executive officers and key employees. • The loss of José Rosas-Bustos or Jesse Van Griensven Thé could harm our business, and we do not have any key person life insurance policies on any such people. • We are highly dependent on our ability to attract and retain senior executive leadership and key employees, such as cyber security experts, software engineers and other key technical employees, who are critical to our success. • Our business could be negatively impacted by cyber security threats, attacks and other disruptions. • We operate in a highly regulated environment, and if we are found to be in violation of any of the federal, state, or local laws or regulations applicable to us, our business could suffer. • We intend to make sales to government entities and highly regulated organizations, which are subject to a number of challenges and risks. • The exercise of warrants or conversion of other convertible securities could result in dilution to our investors. • While we have entered into a Secured Financing transaction and an Unsecured Financing transaction and received initial funding thereunder, there can be no assurances that we will receive the remaining funding. • The terms of our Secured Financing and Unsecured Financing impose obligations on us which may limit our ability to obtain additional financing on reasonable terms or at all, and may constrain our flexibility to respond to changing conditions and create other limitations on our operations and growth plans under certain circumstances. • The terms of our Secured Financing impose obligations on us which may limit our ability to obtain additional financing on reasonable terms or at all, and may constrain our flexibility to respond to changing conditions and create other limitations on our operations and growth plans under certain circumstances. • Quantum computing may never achieve commercially relevant quantum advantage, and the timeline for achieving such advantage is highly uncertain. As a result, quantum computing may never represent a meaningful threat to classical computing infrastructure. • Changes to government mandates, policies and standards could delay adoption of quantum-security solutions and adversely affect our business. • We have a history of operating losses and expects to incur significant expenses and continuing losses for the foreseeable future. • If we cannot execute on our strategy, including due to changing customers, technologies and competitors, our results of operations could be harmed. • If we are unable to sell new and additional product, subscription, and support offerings to our end-customers, especially to large enterprise customers, our future revenue and operating results may be harmed. • We plan to rely on channel partners to sell our products, and if these channel partners fail to perform, our ability to sell and distribute our products will be limited and our operating results will be harmed. • Global crises and geopolitical events can have a significant effect on our business operations and projections. • We are in our very early stages and have a limited operating history, which makes it difficult to forecast the future results of our operations. It is also possible quantum computing might never become a meaningful threat to legacy systems. • Our estimates of market opportunity and forecasts of market growth may prove to be inaccurate. Even if the market in which we compete achieves its anticipated growth levels, our business could fail to grow at similar rates, if at all. • We depend on advances in technology by other companies and academic institutions, if those advances do not materialize, some of our products may not be successfully commercialized. • If we fail to attract customers, including government entities and large enterprises, and retain and increase the spending of such customers over time, our revenue, business, results of operations, financial condition and growth prospects would be harmed. • Our ability to compete successfully depends on continuous innovation, timely execution of our strategy, and achieving cost reductions and failure to do so could render our quantum security solutions obsolete or less competitive. • If we cannot maintain and enhance our brand or adequately commercialize our quantum security solutions, our business, results of operations and financial condition could be harmed. • The quantum computing industry is in its early stages and volatile, and if it does not develop, if it develops slower than we expect, if it develops in a manner that does not require use of our quantum computing security solutions, or if it encounters negative publicity or if our solution does not drive commercial engagement, the growth of our business will be harmed. • If we are unable to successfully enhance our existing products and services and introduce new products and services in response to rapid technological changes and market developments as well as evolving security threats, our competitive position and prospects will be harmed.

© EigenQ 2026 Certain Risks Related to EigenQ and the Anticipated Business Combination (Cont'd) 96 • If we fail to maintain the efficiency of our supply chain, our business could be materially adversely affected. • Because we depend on manufacturing partners to build and ship our hardware products, we are susceptible to manufacturing and logistics delays and pricing fluctuations that could prevent us from shipping customer orders on time, if at all, or on a cost-effective basis, which may result in the loss of sales and end- customers. • If we do not accurately predict, prepare for, and respond promptly to rapidly evolving technological and market developments and successfully manage product and subscription introductions and transitions to meet changing end-customer needs in the enterprise security industry, our competitive position and prospects will be harmed. • Defects, errors, or vulnerabilities in our products, the failure of our products to prevent a security breach or incident, misuse of our products, or risks of product liability claims could harm our reputation and adversely impact our operating results. • The occurrence of any event, change or other circumstances that could give rise to the termination of the negotiations and any subsequent definitive agreements with respect to the proposed business combination (the "Potential Transaction") between EigenQ and SVAQ, and the possibility that the terms and conditions set forth in any definitive agreements with respect to the proposed business combination may differ materially from the terms and conditions set forth in the letter of intent executed by and between the parties. • The outcome of any legal proceeding that is ongoing or may be instituted against the parties following the announcement of the Potential Transaction and any definitive agreements with respect thereto. • The inability to complete the Potential Transaction, including due to failure to obtain approval of the shareholders of EigenQ and SVAQ or other conditions to closing. • The inability to obtain or maintain the listing of the post-acquisition company's securities on the Nasdaq Stock Market LLC, the New York Stock Exchange, or another national securities exchange following the Potential Transaction. • The risk that the Potential Transaction disrupts current plans and operations as a result of the announcement and consummation of the Potential Transaction. • The ability to recognize the anticipated benefits of the proposed Potential Transaction, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably and retain its key employees. • Risks related to the costs of the Potential Transaction. • Changes to government mandates, policies and standards could delay adoption of quantum-security solutions and adversely affect our business. • The ability to secure any PIPE funding or other debt or equity financing by the parties, and the ability by EigenQ or the post-acquisition company to successfully to deploy any debt or equity financing. • Changes in applicable laws or regulations, economic and market conditions, and political or geopolitical developments. • Other risks and uncertainties included in documents filed or to be filed with the SEC by SVAQ and/or EigenQ. • While we have entered into a Secured Financing transaction with an institutional investor and received initial funding thereunder, there can be no assurances that we will receive the remaining funding. • The terms of our Secured Financing impose obligations on us which may limit our ability to obtain additional financing on reasonable terms or at all, and may constrain our flexibility to respond to changing conditions and create other limitations on our operations and growth plans under certain circumstances. • The "Risk Factors" section of the most recent Quarterly Report on Form 10-Q filed with the SEC by SVAQ. • The "Risk Factors" section of the Registration Statement on Form S-4 filed with the SEC by SVAQ, EigenQ, and PubCo. These risks supplement the preceding risk-factor page and are not exhaustive.

EX-99.2 — TRANSCRIPT OF INVESTOR DAY PRESENTATION MADE ON OCTOBER 27, 2026

EX-99.2

Filename: ea030980001ex99-2.htm · Sequence: 3

Exhibit 99.2

Mark Roberts:

Alright I’m going to kick us off, it’s

right at the top of the hour and we are going to be very efficient. We have a full agenda as you all see, and we have a lot of people

here from the Company, which is great. My name is Mark Roberts, managing partner at Blue Shirt. We are thrilled to be working with EigenQ

and Silicon Valley Acquisition Corp as they push this transaction to a conclusion, which will happen in Q4. Like that, I don’t want

to steal your thunder, Dan.

I’ve already told everybody where the bathroom

is. I have two other jobs here. One is to make sure on this next page that everyone is aware of the disclaimer that’s on the screen

that you can’t read easily here, but I would encourage all of you to be familiar with this two-page disclaimer that tells you that

there’s a chance we talk about forward-looking information, and if we do happen to do that, it is going to be governed by this disclaimer.

This will be all filed with the SEC, and you can find that the entire presentation will be available online.

The second job that I have is to make sure that

during the Q&A process we’ve allocated a certain period of time. We’re going to make sure we keep tightly to that time

period so we can get through everything. And then, last but not least, we’ll have a demo for the people in the room at the conclusion

of today’s presentation, as well as some refreshments. I’m going to turn it over to Dan Nash, CEO of Silicon Valley Acquisition

Corp. Enjoy the event.

Dan Nash:

Thank you, thank you, Mark, and welcome everyone.

And we appreciate everyone for joining us, the analysts, strategic partners, and industry experts who took the time to be here. As mentioned,

I’m Dan Nash, Chairman and CEO of Silicon Valley Acquisition Corp, the Company’s SPAC partner. Our goal today is to provide

a deeper understanding of the technology, commercial opportunity, and the business and financial model. You’ll hear directly from

the team building the technology, the executive developing the OEM channel relationships and several industry partnerships. We want you

to walk away with a framework for evaluating EigenQ as a public company.

One thing that really excites us is we believe

that quantum represents a significant technology shift, one of the biggest for the next decade. But you don’t have to wait for quantum

computers to be mainstreamed to identify the extraordinary commercial opportunity ahead of us. The need to secure today’s infrastructure

is already emerging.

One aspect that truly attracted us to EigenQ was

that no matter who wins a quantum hardware race, and I know a lot of you have opinions and whatnot, probably more sophisticated than I

do, that quantum cyber is clearly a near-term opportunity. Before we get into the tech, I wanted to share why we believe EigenQ represents

such a differentiated opportunity.

Turning totoday’s presenter, one particularly compelling aspect

of EigenQ is a combination of scientific leadership and commercial execution. Dr. Jesse brings decades of entrepreneurial academic expertise

and has authored and literally wrote the books on quantum computing and security with his colleagues here. He had the foresight almost

10 years ago to realize that quantum was coming faster than the market anticipated, and that cybersecurity was going to be the first addressable

commercial opportunity. Dr. Jose Rosas brings deep cybersecurity expertise, technical leadership, and a strong commercial orientation.

So the broader team combines quantum researchers, enterprise security experts, infrastructure specialists, and experienced channel executives.

You’ll also hear from Bryan and Rika, who are focused on translating the technology into actual commercial opportunities through

the ecosystem. For tech and product, we have Raul, Michael, and Alex, who not only bring deep technological innovation and hands-on engineering

experience, but they are true experts in translating cutting-edge quantum research into practical enterprise-ready cybersecurity solutions.

And they will be using tech demos as mentioned at the end. And then, importantly, we have commercial partners who took the time to be

here, including Jim Mackey from HPE, to help validate from a partner perspective. It’s important to highlight again that this is

not just a team of scientists developing a technology in a lab, but this is truly focused on a commercial opportunity.

A quick summary on us and a little of my background:

I had previously co-founded and led Investment Banking at Cohen Capital Markets, and prior to that, 20 plus years in investment banking

on more traditional IPOs and SPACs at BofA , and Wells Fargo both across 50 plus deSPAC transactions and 20 plus book runner led IPOs.

Our broader team has significant traditional buy-side experience as well. We IPOed the vehicle, a $215 million vehicle in December 2025.

We evaluated in a short period of time over 50 businesses.

Many from deep technology, disruptive growth sectors.

We generally look for differentiated technology, enormous markets, strong management teams with potential to be category leaders.

Couple of things that, you know, there were 3

transformational themes that came together for us on EigenQ. It sits at the intersection of quantum, cybersecurity and data center infrastructure.

Quantum computing is rapidly advancing, creating

extraordinary opportunities, but also fundamental security risks. Cybersecurity is already one of the most mission-critical areas of enterprise

technology. And as we all witness, data center infrastructure is undergoing a massive investment cycle driven by AI, cloud computing and

accelerating demand. EigenQ is unique, bringing these 3 things together through a hardware-rooted quantum safe security embedded into

the infrastructure itself.

In my career there are very few companies I’ve seen positioned

to benefit from three megatrends of this magnitude, and we believe EigenQ has the opportunity to become the foundational security layer

for the next generation of computing infrastructure.

This is not just a bet on when a relevant quantum

computer will arrive. The transition to post quantum security is already underway with NIST standards, government migration timelines

and growing enterprise awareness. Large organizations cannot wait until the threat is fully realized before the coming migration. The

challenge here is protecting systems and information today as the threats continue to evolve.

I’ve hit a number of these, but just to

reiterate a few highlights before I hand it over to Dr. Jesse, EigenQ’s approach is differentiated by anchoring security in hardware

below the traditional software layer.

The company has developed a proprietary technology

and IP around quantum safe infrastructure. Its OEM integration strategy offers the potential to embed security directly into the servers

and infrastructure, and we believe that combination of technology differentiation and commercial integration can create meaningful competitive

advantages. We think the timing is great now. A major cybersecurity transition is beginning, driven by this technology progressing government

requirements and mandates.

EigenQ aims to be the infrastructure layer itself,

not just another software layer added onto the system.

As mentioned, we have deep expertise across quantum

cryptography and enterprise computing. EigenQ's foresight provides a potential first mover advantage. When Dr. Jesse began his work 10

years ago, he self-funded with over $20 million of his own capital in the technology.

Mostly because at that time, if you went out to

venture firms, you couldn’t, you know, raise money for quantum because it was a 2045, 2050 problem. That timeline continues to compact

and contract with government mandates actually accelerating, which is very unusual in the ecosystem.

We’ll go into more detail, but they have

a very scalable deployment model between OEM and distribution that provides a potential path for large scale adoption without building

out a sales force or manufacturing infrastructure. The supply chain development is an important component here.

Moving from validation to commercial delivery. And finally, you know,

for us financially and most importantly, the hardware sales, recurring software revenue and potential licensing create multiple opportunities

for revenue and margin expansion. One thing that truly stood out for us of all the deep tech and early stage companies we saw, was the

potential to scale early and rapidly, and more importantly for us, profitably. It’s not, as I said, a science experiment with assumptions

that you have to make 3 to 5 years out. We can be talking about 2027 and 2028 multiples, including near-term deliverables that are very

compelling to us.

And that made our investment thesis very straightforward, that you

have this massive emerging market, a differentiated technology and a world-class team, established infrastructure ecosystem that provides

commercial scale with attractive potential unit economics and a path to profitability.

With that, I will hand it over to Dr. Jesse. As

I mentioned, what makes this story especially interesting is the scientific foundation of an innovation that he provided. He spent decades

building technology businesses, working at the forefront of quantum research. He leveraged his position at University of Waterloo, one

of the top universities for quantum and cybersecurity research in the world. I’ll now turn it over to him to talk more about the

vision of the business.

Dr. Jesse:

Yes, thank you, Dan. I would like to tell you that when we started

this quantum computers were becoming. Oh, you had a question?

Gary Mobley (StoneX):

I was just going to ask if these slides will be made available.

Dan Nash:

They will be. They're going to be filed, so we're just waiting for

that.

Dr. Jesse:

Yeah, when we started this quantum computers would

be the estimate was 2050, the quantum computers are growing very, very fast, and. Not only on the applications, but also on the speed,

because we know about Moore’s law that is doubling the speed every 2 years. Quantum computers are almost a trillion times faster

year over year. So it’s arriving much sooner, and we thought that we could have a business model that could protect the infrastructure

against quantum effects while we develop quantum communications and quantum computing. And then right now, our mission is focused on being

the top quantum proof and classical proof and newcoming threats to the IT ecosystem. So our mission is to make our quantum safe trust.

The default security layer for critical cyber infrastructure.

And our vision is to establish EigenQ as the infrastructure

leader, meaning number one in the post quantum and classical cybersecurity.

Well, we have over 50 researchers in addition

to the people that we have at EigenQ. We also have over 50 research collaborators throughout the world, and I will put the map there where

they are located so now I’d like to introduce our CEO Dr. Jose Rosas-Bustos.

He got his PhD in two years, when it takes 4.

But he took 2 years because he had a full-time job. And he’s there on the other side. Yes. So he also has an enormous amount of

patents of 9 published quantum research publications and other US patents, just in front of nine and has the multiple exits has worked

at Oracle. links, software, and as a co-author of the books with me, those are we have shown here, and is with EigenQ. Before this, he

was with Lake Software when he went is when we started Lakes Quantum. And then we transfer the technology from Lakes Quantum to EigenQ,

and incorporate EigenQ in February 2025. So with that being said, let me pass it to the outstanding CEO here on my right hand side.

Dr. Jose:

Thank you, Dr. Jesse and Dan and everyone. Thank

you for making the time today.

We’re very pleased to have you. EigenQ’s

story is the story of how conventional computing and quantum actually can work together.

We are not in love with quantum because quantum

is amazing. We believe that quantum actually can work together with conventional silicon. Both have a world when they excel and we are

taking that approach heads on, on building the synergies around both.

What is the first applications in order to

achieve the additional cybersecurity? There are 30 trillions of cybersecurity infrastructure worldwide that eventually will have to be

protected. And we believe that quantum technology is a good complement to be integrated with conventional silicon to achieve that goal.

In terms of the quantum safe infrastructure that is our 1st goal.

This is part of the vision that Dr. Jesse and the founders of EigenQ had have from the very beginning that what we needed to be protected

first is what's the compute infrastructure.

The computing infrastructure is the part and the backbone of our

economy. And if we will have new kind of generation of attack.

AI-enabled attacks and potential quantum attacks.

There are 2 things that actually can protect us down the road. One is zero trust. The other one is crypto agility.

The quantum technology actually to protect on the compute infrastructure

is what's the 1st one that we decided as a strategy to go to market. Nevertheless, this company has a roadmap to build the first edge

quantum workloads down the road. The first way to monetize this company is to apply our knowledge in cybersecurity itself.

In order to achieve that, we decided to go through

channels and being an embedded component in OEM platforms. Our strategy was not to build our brand with the end customer. It was to integrate

with the ones that already dominate the compute infrastructure itself.

We are talking about HPE, Dell, and the like.

And as you may have seen in some announcement that was already put into the market as of June 17, we already have a strong partnership

with HPE, and the first product that we have in the market is the HPE ProLiant server.

That has already come with our technology integrated

by the manufacturer itself.

I believe that the vast majority of you are

aware on the pressing matters about the mandates in regards of quantum technology and quantum resistant technology to be implemented.

So we have different fronts here. Some of you may come from cybersecurity.

Others of you may come from quantum itself. Quantum

is becoming a priority globally as an investment from governments, but also we are seeing a pressure that comes from the quantum resistant

technologies to become a priority as well. And the quantum-resistant technologies is something that.

It's a zero sum game. If we are too late, we are going to lose everything.

So we don't lose anything by implementing them. The earliest that we implement is the better. If we don't implement,

we are putting everything at risk.

One other thing that is that is happening in the

market is the AI enabled attacks. Basically, what we are facing nowadays is a need to have better cybersecurity. This is not about quantum.

It’s about our cybersecurity.

We never implemented crypto agility the right

way. We never implemented zero trust platform in a multi-layered fashion, and now we're facing this multi-vector issues, and now we require

urgent, urgent measures. The private sector, like Google, already have a timeline through quantum-resistant technologies. And then we

have the US government and many other governments worldwide that have very strict mandates about when is the deadline for these technologies

to be implemented.

The compute infrastructure that is our first target.

As of 2025 is $449 billion market with $269 billion in the US server market amount and $22 billion in the US federal government.

But nevertheless, the compute infrastructure,

as you may know, is a market that is growing. And the main driver is actually artificial intelligence workloads as well as hypervisors

applications and the like. So it was a very, very good target for us to go into the market first by the hand that the major OEM providers.

So our first goal, our first go-to-market strategy is to protect those workloads.

Just to provide a little bit of a breakdown about

the different segment that this market has. Nevertheless, the National Security Defense and intelligence is the 1st, I will say, market

that needs to be compliant with quantum-resistant technologies. Nowadays we’re receiving inbound.

For the adjacent industries that actually they

may not be fully regulated. Nevertheless, they follow best standards and practices very closely, like financial institutions, like critical

infrastructure, healthcare, and the like. And we see them as potential industry that will naturally. Grow to this business. Nevertheless,

the illustrative forecast that we are presenting today relate more on the compliance piece.

So what were we discussing here? What is the form factor that we that

we have designed? This technology is not trapped in any specific form factor. Nevertheless, we design, these PCIe

and M.2 form factors in order for them to be integrated very easily in platforms that already exist.

Down the road, when we’re talking about

in the timeframe of three or five years, our solutions are very likely to be integrated into the motherboards. But nowadays, if we want

to be compliant as soon as January 2027.

The best way is to retrofit new devices. In the

in the manufacture and deliver them with this technology already integrated. And that is the reason because we create these… these

two form factors. The next one. So how our value chain looks like at this point. You can see on the on the left side. Imagine that you

have a customer that could be an agency or a city, or let’s say government general. They already have.

They trusted providers that could be a value-added

reseller that could be a system integrator and the like. And usually they have these relationships over many, many years. What we have

seen in the market is that those are the ones that are conducting inventory, for example. projects on discovery about where they need

to do their migration.

What we did is integrated with that. We integrated with TD SYNNEX.

TD SYNNEX is one of the largest technology distributors worldwide as well with Carahsoft, and we are working with others in order to access

this network of value-added resellers.

If the customer actually has a need, a purchase order or something

to fulfill their needs, they go to the value-added reseller. The value-added reseller go to this network of value-added resellers, and

after that will receive that purchase order, and we'll do fulfillment, with our providers and partners, that in this case could be HPE,

a hardware providers and the like. And this value chain has 2 tracks. One is a commercial track and a trusted supply chain path because

of national security and defense requirements.

But we are expanding. We are expanding in terms

of form factors, in terms of partners, and in terms of products. So if we want to secure the compute infrastructure, we need to secure

storage, we need to secure networking and compute.

But this is very lucrative about how it’s

going to work down the road, because independent on the product, the distribution is going to be very, very similar.

Just as an example, and today we are going to

hear directly from our dear friends from HPE. But this is a solution brief that actually you can find in hpe.com. This is basically HPE

using the solution brief to inform their community about upcoming configuration that they are recommending. In this particular solution

brief, they are highlighting the several industries that are going to be affected because of the quantum resistant mandates as soon as

January next year, and they have identified their federal and defense critical infrastructure, financial sector and others, and they are

recommending one solution so the customer can be compliant. The solution that they are recommending is us integrated with them. So basically,

this is the HPE ProLiant server in the Intel Xeon processor configuration that already come with our technology integrated, providing

quantum-resistant capabilities from the booting of the system all the way up on the processing. So we are talking about data address,

data in transit, route of trust, public key infrastructure and the like. And you can find that in HPE.com. And as I was saying before,

this is just the first one that we put in the market. We are working actively on expanding our offering.

In terms of competition and what is the role that

actually EigenQ has in the market. There are many actors that are coming to the post quantum cryptography market. And it’s very

interesting because we defined this focus from the very beginning.

But nowadays, we are seeing even actors that were

in the pure quantum play are pivoting to enter the post-quantum cryptography market as well. Our positioning is to be an embedded component.

We want to accelerate.

Our go-to-market strategy by doing integration, OEM-agnostic. And in

that sense, we are very unique.

Because we are not trapped in any particular OEM

partner, and we really want to accelerate deployment readiness. So in that sense, we’re very unique and we compete very well in

that. The second piece is that we have a hardware component. Many of the PQC solutions.

Actually don’t have a hardware component,

so that combination actually make us very unique in that particular sense. So the next one.

So we already discussed a little bit on the team.

I just want to highlight the following. The science of this company, the vast majority come from the University of Waterloo.

In Canada, that is one of our major R&D centers.

And every time that we have the challenge to go from science to technology, technology to product and product to commercialization, actually

the company need to evolve.

So one of the reasons, because I wanted to highlight

our team is because we are onboarding people that actually have been doing commercialization of technology through these channels, value-added

resellers since many, many, many years. And we are very fortunate to have them in our team and helping us to mature the company into the

path that we are moving forward.

In terms of our board of directors, we have our founders, and also

we have independent directors that are providing advice to us in our go to public strategy, go to market strategy, strategic advice in

terms of the partnership that we need to pursue and the like. And we have people like Mark Pecen in terms of intellectual property. He

used to be the head of Motorola R&D.

And then he went to be the head of R&D of

Research in Motion, Blackberry. He has more than 500 patents under his name, and he’s the one that advises in terms of our IP strategy.

So having said that, um…I want to introduce

you to Rob. Rob is our VP of channel sales, and he has prepared a panel with two guest that actually can talk about more about our go

to market strategy, or not about our particular go-to-market strategy, but about what they see into the market.

Rob Jazwinski:

Thank you, Dr. Jose. So yeah, that lays the foundation

of how we kind of got here today. My name is Rob Jazwinski.

I’m the VP of channels, and what we want

to do is give, let’s say the investors a little bit of background on how the channel works. So when you hear things like infrastructure

and installed base and OEMs could be, you know, HPE, Jim Mackey. It could represent Intel, AMD, Cisco, Dell.

Nvidia. So where those companies do their transaction,

and this is even more than your typical 80-20 rule. They go from end user to reseller to distributor, you know, to OEM, and that’s

how the revenue is recognized. So just want to let everyone know that this technology channel has existed for half a century.

These distribution and resale partners have basically

been the bank and the warehouse. So instead of a startup or any kind of OEM, mature brand like HPE, startup like EigenQ, nobody wants

to write, you know, tens of thousands of small business loans to do their business as they try and, you know, recognize revenue. So that’s

a little bit of the background on the channel so that our conversation might make a little bit more sense that this is a very mature industry

and model that we’re now in the mainstream of. So…I guess what I’ll start with. You know, my guest today. My 1st guest

today is Jim Mackey with HPE. And you know, Jim, we’re trying to display through, you know, let’s say, HPE’s brand and

maturity and installed base, how you got wind of EigenQ, and if you could give us a little bit of your bio and background first. Absolutely.

That’d help get things going.

Jim Mackey:

I’m Jim Mackey. I’m a compute specialist

on the federal team for HPE. I handle civilian federal accounts, probably about 40 agencies and sub agencies throughout that.

Just focusing on our compute product, our hardware

platform, and any types of software or other solutions that would align with that. And so every year I actually we have our conference,

which is called Discover, and we invite our partners, customers. This year our CEO actually announced that we have partnerships with some

quantum companies. So in the keynote. So one of the things I did is when I went to the show floor, I sought out these quantum partners

understand how that ecosystem works and how I can, you know, adopt that solution into my current portfolio, go into my direct customers.

So I actually got to meet Dr. Jose and spend a few minutes with him. Fascinated by the technology was way over my head when talking about

photonics and things like that.

And I think I was still saying QPC instead of PQC at that time. I had

no idea what they were talking about. So I filed that away and said, okay, I’m not quite there yet.

Week later, the federal government announced an executive order 14412.

Which actually started to accelerate the need

for PQC and cybersecurity. So then I went back week ago, I said, oh, I got to reach out to these guys. So I reached out to their sales

team and the partner team and said, okay, how do we partner with? And at a rapid pace, we’ve already established a cadence, a sales

motion, and we have attributes already. So it’s exciting in such a short time since June.

Rob Jazwinski:

Oh that’s great. Thanks for the background

there. And you know the significance of the demand. You’re working with civilian federal agencies. So I guess, can you help the,

you know, the greater audience see from a project perspective, you met us in June.

And, you know, then we started going down proof

of concept with products and your project. So, you know, in just a short amount of time, could you, you know, maybe elaborate on how.

Let’s say. And again, a channel is what

we’re working with distribution and partners. How? Let’s see the post quantum need, but also the channel readiness that was

displayed, you know. So quantum readiness is now turned into channel readiness, I guess. Could you, you know, elaborate a little bit more

on that as your project started to take shape with us?

Jim Mackey:

Yeah, absolutely. I mean. We really started these

kind of sales cycles and sales motions at the end of a fiscal buying season. So it was actually kind of exciting to know that they were

actually interested in this technology already, when they’re kind of already well established in their product, and you know their

projects that they were going to be doing this fiscal year. So their fiscal ended right at the end of September. So, but during that time

we’ve already had several conversations and the Pocs starting to run.

I’ve reached out to our channel partners

because I sell about 90% of my products through this same channel. You know, we could sell direct, but really it just makes sense. They

have, you know, long standing relationships.

You know, they can come with multiple solutions.

So I’m not just going out there on my own to try to sell my products, try to enable the channel. And when I started to enable them

about EigenQ.

They were already aware of it. So kudos to their

channel. They’ve done a good job of actually getting the awareness out there because I thought I was going to bring up something

exciting and new, but they’re already on top of it.

I actually had a conversation a couple months

back with a federal system integrator, kind of just doing the pitch because.

HPE has probably one of the strongest server security on the market,

hands down. I mean you don’t do a good job marketing it. But I will tell you that, you know.

And I believe it. So to be able to strengthen the story, I mean, it

was it was a natural fit for me. And so I pitched to a federal system integrator, really took to it, you know, reached out to several

customers right away. They’re like, Yes, I want to help. I want to know what you’re bringing to the table.

And a week later, one of the guys from the federal system integrators

in that meeting was an AI advisor. Now he’s an AI/PQC advisor. I mean, it’s amazing how fast this transition is moving into

the quantum space.

Rob Jazwinski:

You know, that’s great. just for a timeline

perspective, let’s say January, we start with our HPE and EigenQ better together story. We have mandates that are somewhat getting

mind share like, okay, hey, I want to listen to you, but you know, HPE buying in and us being an OEM of HPE, that got the conversation

going a little bit, you know, quicker in, let’s say, first two quarters of calendar this year. Now, in the last quarter. You know,

let’s say going back to June, I think, Jim, you can confirm that the PQC story and the inquiries have compounded significantly.

So I guess what I’m getting at is. You know, the combination of the mandates and, you know, HPE’s installed base.

Do you now see the ability where HPE could use

EigenQ as a differentiator versus, let’s say, your competitors and the security landscape that was, you know, legacy software?

Jim Mackey:

Yeah, absolutely. So, you know, me being kind

of the tip of the spear, right? Be able to have interaction with these federal customers.

And trying to find a reason to call. I’ve

been in sales for 25 years. You know what I mean? If you have nothing to offer them, why are you calling those customers? Right? And this

one, like I said, we’ve did some tests, we’ve reached out, and immediate response, immediate demand.

So it’s literally been kind of my go-to.

And knowing that HPE has a strong security message.

That’s great. But this just made it stronger

right? So that’s that was something for me to say, let me lead with this. Let me become that trusted advisor to those end users.

And we’ve done co-marketing events, and you know, it was exciting. We had CIOs come up to the booth and take pictures of the card

and send it to their techies back at their, you know, at their offices. I mean, it’s moving at such a fast rate. And I mean, I’m

just, you know, went through 4 or 5 years of AI, and I thought that was, you know, you know, how quick agentic AI came to fruition. This

is this is the faster rate. And even Gsa, you know, one of the large contracting vehicles within the government, but also an agency on

themselves. They had a PQC day, I think, last month, or 2 months back. So that validated as well.

Rob Jazwinski:

Oh, perfect. Well, you know, I guess assuming

you know your first few projects are, you know, they’ve been validated and qualified. So you know, do you think that gets us to

the point as we head into 2027 CNSA 2.0, you know, or is it let’s say the installed base, the retrofit, you know, a large a large

potential of, you know, revenue and interaction, but also the I guess the new servers and upgrades. Does the combination of EigenQ added

to HPE now help that revenue recognition going forward?

Jim Mackey:

Yeah, absolutely. So when I talked about our security

story, you know, I’ve been preaching it for years, because I, like I said, we had a strong story, but it didn’t resonate with

the customers. When I talk about, well, you got to get ready for CNSA 2.0. If you know what FIPS 140-3 Level 3 is, if you know we have

a secure supply chain, you know, we make our own silicon, like all these things were like differentiators for me, but didn’t make

a difference for the customer. But then, you know, I started working with EigenQ and just talking about PQC in general, it became relevant,

because now the whole stack, this whole solution stack makes sense to them. And that’s the exciting part about it. And then having

the ability for these guys to integrate right from our factory. you know I can see like my engineers are already talking about. Well,

how can I just put this as a line item on the PO? It’s about the same price as the stick of memory these days, actually. So it…That’s…I

mean, I was with Veeam software, and we were one of the number one partners within HPE, and that’s how we got to market, was like

just add us on your, you know, bill of materials. We’re just one small piece of the line. multi-million dollar deal, you know, and

that’s… that’s how they became successful. So I see you guys doing a very, very similar business model, and it’s

working, so…

Rob Jazwinski:

Great. So I guess, just given your, you know,

federal and compute background and you’re you know the reseller channel, you partner with these people. Are there things you see

we need to do further to demonstrate adoption or what do you see happening in the next 12, 24 months?

Jim Mackey:

So one of the keys that you guys have that really

you know, got my attention was the ability to…get a product in front of a partner, system integrator, or a customer for a proof

of concepts. So when I first introduced these guys to an agency within Homeland Security.

They had 2 people on the line within 5 min. They

added 4 more people onto the line, and within 30 days we had a POC delivered to them, and they already started testing. I can tell you

he moved on the projects out of the way for that one. And another thing they told us that day was they spent a million dollars with another

company that has. Three letters invested a million dollars that last year. It was software based, and they got little to no results. So

they were excited to start a hardware. PQC POC.

Rob Jazwinski:

Oh, that’s perfect. Thanks. Thanks again

for the time, and you know, displaying the, I guess, the concepts to applications for those who might not be familiar with this technology

channel. And you know the goal is to have that 3rd party validation. We have mature brands like HPE, Intel and AMD, you know, doing press

with EigenQ. And so, you know, the next panelist I want to talk to, hopefully they can hear us. I don’t know how the remote or virtual

attendees can hear us. Is there a way for them to confirm?

Chris Cyr:

Oh, I can… I can hear you just fine.

Greetings from Vancouver.

Rob Jazwinski:

Cool, perfect. We just

had Jim with HPE on, and so our other virtual attendee here is Chris Cyr with Sterling Computers.

Chris, what we’re trying to do

from a CTO perspective is kind of discuss what you and I talked about a few months ago on the road. And so if you want to give

a little bit of your background and how you, you know, have been following quantum and the quote you said to me that I’ve plagiarized

about 100 times in the last few years on software PQC, it’d be great if we could hear your background story first before I ask you

a few questions.

Chris Cyr:

I’m Chris Cyr, I’m

the CTO for Sterling, but I’ve been in this business for way too long, at least for almost 4 decades. But I’ve been involved

in quantum since 2015.

So all the things that have been, you know, going

up to this point, I’ve been actively involved in working with multiple companies, not just the cryptography, but also on the computing

side. I’ve been evaluating the landscape for a very, very long time. I’m a certified quantum programmer, and you know a

lot of my lot of my friends are the founders of, you know, all the brand names that you’re seeing nowadays. I’ve been involved

in that. I’ve been involved in AI and machine learning since 1993. And I’ve been working in the field of robotics since about

that same time. I’ve been spending a lot of time with all of the latest new technology, and I can tell you that you know, a lot

of the times It’s been mostly people talking about art of the possible. Art of the possible to create capital, art of the possible

to create demand generation, things like that. And what I’m spending most of my time with are companies that have what I call art

of the how they have a product they actually know how to implement. They actually know how everything is supposed to work in the enterprise,

and then how to be able to solve a customer’s problem. I spent a lot of time with those customers.

I represent some additional quantum

cryptography companies. Some of them are software-based based on requirements from customers. But the thing that really enthralls me about

EigenQ is their ability to put it into a hardware solution that is pretty much system agnostic, which is very novel in those terms. So

really excited to meet you all. I hope you can hear me and I’m several hours behind, but it’s all very interesting conversations.

We’re already Titanium partners with Dell. I sit on the boards for AMD and Intel and Cisco and NVIDIA, 2 boards with NVIDIA as well.

So I spent a lot of time talking with executive leaders and understanding the technology involved.

Rob Jazwinski:

So that’s great background there, Chris.

So, you know, from that perspective and your perspective as a CTO, you know.

I guess what makes EigenQ. You know, was it the

fact that you saw our hardware root of trust? Or what got your attention when we first connected a few months ago? As far as the technology

and you tracking quantum?

Chris Cyr:

Yeah, so a lot of it had to do with, well, several

things, right? One is that your quantum random number generator, right? I thought that that was very intriguing. But not just the PCIe-based

card, but the M.2-based card. So, if you’re able to shrink down a lot of your technology into a place that fits inside of an M.2,

you know, that is a very compelling argument as you start to expand beyond the enterprise and beyond the data center, right?

So it’s not to mention, you know, you’ve

got some very smart people over there and have written some books, and I’ve read them. And, you know, you’ve got the real

deal. It’s not you know, you’re not pushing, you know, GPT created images of boards and simulated video of, you know, how

the stuff works. You actually, you know, have something that actually works, which is which is great, especially as a CTO. And especially

as someone who sells other people’s, you know, equipment and turns them into solutions, because we are the first people that the

customer normally calls, there’s a problem.

Rob Jazwinski:

No, that’s good. And I’m glad you’re,

you know, your evaluation of us as an emerging vendor, you know, is appreciated. I guess.

You know, what makes an EigenQ or someone, you

know, for example, we’re looking at a strategic alliance and, you know, where could EigenQ complement your current, you know, OEM

and cybersecurity portfolio, you know, like what you’re already selling, you hear us talk retrofit and installed base, but.

As our, you know, technology becomes more familiar

with you and trusted, you know, where do you see it working in your, you know, current OEM base?

Chris Cyr:

Sure. You know, the retrofit’s great, you

know, but you also have, you know, we also do a ton of federal business. Majority of our business is government and federal. And, you

know, as you all know, or most of you, I hope, you know, back in June, you know, the executive order, you know, 1441 and 14413 kind of

address, you know, being able to, you know, put to task to protect our nation with all of our data. And a lot of the conversations I’m

having with them, with these different, you know, CISOs of these organizations are they’re not waiting until 2030, you know, and

they’re definitely not waiting until 2031. They want to act on this. So you know, in order to do that, I have to evaluate systems

that we can actually put into place. And then associate that with our existing customers that have, you know, already spent money on,

infrastructure, compute infrastructure, and the ability to be able to protect the dollars that they’ve already spent and also plan

on protecting the dollars that they’re getting ready to spend is really, really important for, you know, for us so I see a lot of

it not just in terms of retrofitting the equipment, right? That goes without saying, but also using, you know, EigenQ as an additional

SKU into building the solutions out when we do, you know, propose those solutions to our customers.

Rob Jazwinski:

Oh, that’s perfect. So, you know, as we’re,

you know, still in a somewhat early phase, we’re going through, you know, technical validation. We’re seeing channel enablement,

for example, Sterling just did their first couple quotes with us through, you know, your sales force.

Now, given that, you know, how would, I guess, your account teams,

you know, start to actively position EigenQ. You know we have the support for them. So our resources are their resources.

But as far as, like, you know, customer demand

signals, anything you want to share with the greater audience that you see as, you know, I mentioned earlier PQC in general, the increase

of compounding. Now that we’re getting, quote, activity, Sure, resources are available to yours and your greater teams are starting

to realize that. Are there any other, you know, kind of ways you think we could position with Sterling an account teams or how you see

this playing out in the, you know, next 12, 24 months?

Chris Cyr:

Yeah, we have, so we’ve been actively involved

with you guys, right? So, and we’ve been actively involved with you all even before the executive orders came out. So we’ve,

you know, we were a little bit ahead of the steps

We have account teams that are already enabled,

that already understand how to have those conversations, but we also have marketing funds from our vendor partners, our OEM vendor partners,

like HPE, or you know the and Cisco and the others to be able to develop, you know, real hands-on workshops regarding, you know, this

technology.

So I think, you know, that’s key. Put the

technology in the hands of our customers, but also our executive briefing center in Washington, D.C, being able to leverage that to be

able to bring in, I guess higher profile customers, you know, CISOs of major agencies, like the Department of Transportation or Department

of Commerce, into our Washington, DC executive briefing center on Pennsylvania Avenue. To be able to have those, you know, conversations.

So we’ve… we’ve lined everything up to be able to, you know, to be able to execute at a larger scale.

You know, not only within the federal government,

but also within commercial and enterprise as well.

Rob Jazwinski:

No, that’s great. And that’s what

we’re trying to display is over the next 12 to 24 that the channel foundation has been laid, you know, pretty well so far, but it’s

going to have a nice spike as these PQC inquiries are coming in versus, you know, just the outbound we’ve been doing with, you know,

the HPEs, the Intels, the, you know, AMDs and Dells, it’s…

You know, we’re starting to see everything

come to fruition. And I guess, are there any other risks you think need, you know, or you see need to be resolved, or we could come in

handy before we sign off?

Chris Cyr:

Well, the only thing… the only thing I

think that, you know, we probably need to do is come up with additional scenarios, right, where you might have and this is where we can

come in, where you have you know, vendor ecosystems, right? You might have, you know, another software-based solution doing, you know,

PQC, you know, those customers are probably going to want, you know, some type of integration or… or some type of you know, fly

off that it’s going to take place or something along those lines. We’re going to wind up having to, you know, facilitate that.

That’s why we have our solution center to be able to, you know, dismiss a lot of the concerns of our customers. And I think there

just needs to be there needs to be more discussion with our customers about what they really plan on doing. I mean, you’ve got these

executive orders that created a lot of fear, uncertainty, and doom, right? But at the same point in time. You know, you’ve got a

solution that you can displace a lot of that fear, and you can provide a little bit of clarity, and you can get rid of the doom, too.

So, I look forward to it.

Rob Jazwinski:

No, thanks again for joining us. You know, so

again, the background of my panel was, you know, an OEM federal civilian rep who’s doing projects with us, and the CTO at the VAR

level, which represents the channel as I was speaking earlier from end user to VAR to distributor to OEM. So we have everything set up

to scale and sustain, and I just wanted to have some good, you know, these guys have been doing this and are a lot

smarter than I am. I’m basically air traffic control, so we use all of these smart people.

From Dr. Jesse, Dr. Jose to Jim and Chris, and

I help all of those smart planes land safely. So anyway, that’s it for my panel. And up next is our chief product officer,

Mike Johnson.

Thank you.

Mike Johnson:

Hello. I’m Mike Johnson. Almost 35 years in software development

started out in real time. and I’ve done everything over the last 30 years from free off the shelf package software to cloud, and

in recent years focused heavily on the quantum security businesses from Lakes quantum and EigenQ.

So today I want to talk to you about what the product actually is.

So at EigenQ. We believe in one trust chain. It’s from entropy to execution. So what do we mean by that? We have 3 components to

our entire stack. We have entropy identity and execution.

Those are the 3 pillars that make up the not post

quantum cryptography, but the post quantum security story that we saw.

At the entropy side, basically, we use a quantum

random number generator. Basically, what they call a QRNG. This is basically a photonic based chip.

That allows us to generate random number development.

Random numbers form the bottom of all cryptography and encryption that we use today. So you have to have quantum entropy in order to secure

the basis. If you do not, then your cryptography is bad, and then your identity will be bad.

The next level up is you have to have platform

identity. That means that you have to trust the hardware that you’re running on server that you booted, as Dr. Jesse eloquently

said, you have secure boot, measured boot.

Those processes as when you start up and you turn

on your server has to be trusted because if you don’t have trust at that hardware level, everything that comes following on that,

on the work side workload level is going to be is unknown.

If you have somebody watching your network traffic

because you have broken networks, you have broken CPUs because microcode was bad. If you have any kind of thing that is in the foundation

of the system you’re using, it is not valid.

Once you secure with the entropy and the cryptography,

you build your identity, you can then get into execution. Now, normally we talk about workload of trust. So what do we mean by that? These

are usually hypervisors, and usually these are what we call a trusted execution environment or a QTEE in our parlance because we want…

we don’t want just a trusted execution. We want one.

Here in this, what we’re saying is we need to verify everything

we are doing, because when we run our software today, we have to know that it’s giving us right data. It’s giving us the right

output when we’re doing, say, AI training. Having to validate that where did the data come from? Is it trusted? Did it get signed

by something like our identity? Do we see then when we do inference, have we actually run the workload, say, in an AI place, we have to

then have the ability to say, okay.

We trusted that we had the right hardware, we had the right cryptography,

we had the right data. Now we have the right answer. The other end of the inference. So that’s on the workload of trust.

Now, one of the other things that underpins all

of this, and then we’ll get to the next slide, I promise, is that you have to have zero trust across all of these things. You have

to trust and verify everything. So the entropy, it can’t be just coming from any random source. It can’t be coming from, say,

a CPU, it can’t come necessarily from all the other mechanisms that you see in the marketplace. You have to have a trusted and a

tested version of that. Our QMA card that we’ll talk and show you has that kind of trust. The platform also has to have that kind

of zero trust. It has to trust the entropy. It has to verify. If it can’t, it really can’t do cryptography workloads have

to trust the platform, and they have to go down through zero trust and go all the way back then.

So let’s talk about what, say, PQC Plus and the advantage that

goes beyond the software that you see. Software PQC, there’s really two flavors, ML-KEM and ML-DSA. One is does key encryption and

establishment, and one does signatures.

Right. With our QMA card, we’re able to provide the entropy that

we need to do. So that gives us the basis for our QTPM, we anchor like you would see in a standard server using the TPM, not the QTPM

gives you the identity that you need using PQC algorithms on top of that, and then the QTEE is our ability to help and assist things like

Kubernetes, virtual machines, hypervisors be able to run their workloads. So at the top, once you’ve built from the bottom to the

top, our products slotted in various places where we see this.

And how does that look? So the first path we have is the retrofit market.

So I’m going to pass around a retrofit card just for everybody to see what one looks like up close.

Now, it has the QRNG on the left side. and it has the QTPM on the right

side. So this is going into existing hardware that’s already been bought. As Jim Mackey pointed out, billions have been spent on

existing hardware infrastructure. You’re not going to replace that next year. You have to have something to be able to keep that

server, not only to keep your investment protected, but to make sure you have time, because there’s going to be a lot to do coming

forward.

The next kind of bundle, as Rob and Jim there

spoke to is that you’re going to bring new systems. So why retrofit as you’re buying it in the box? Get it in the box, and

that’s going to come to market through the PQC plus OEM level. And then, lastly, I would say is that we have M.

So this means lower power. lower consumption,

and it goes into servers that are in places we don’t necessarily think things like a long pipelines every so often you have servers

that need to be able to transmit telemetry or share that they’re functioning, or we have leakage.

Along the way. So you have water systems where

you would embed this small form factors to measure and do remote attestations from these places.

So those are the three kind of form factors we

bring to market each time. Now, that’s what we’re doing today is on the quantum cybersecurity and compliance piece that we’ve

been talking about. We look a little bit above beyond the horizon. We are going to do a quantum AI assisted kind of accelerator using

photonics, and Dr. Jesse and Dr. Jose can speak at that at a break and talk about that a long term. That’s in 27. Once we have kind

of these AI systems with photonics available.

We will want to connect them. We will be doing

that through the quantum internet and through the company. And once you have quantum AI and interconnectedness, then we need to move on

to being at a distributed bundle be able to take advantage of this.

That’s 29. Obviously, these are very forward

looking statements. Oh, yeah. I think that brings us to Q&A session.

Dr. Jose:

So thank you, everyone. So questions.

Gary Mobley (StoneX):

Yeah, so I guess I’m curious on sort of

the HP experience. So is federal civilian business that seems to have a priority today or post quantum compliance. And, you know, I’m

assuming that’s primarily due to the executive order.

Jim Mackey:

For me personally, yes, because I’m civilian

federal, but actually the DOW is actually is passed to…make sure they’re compliant sooner. And they bought in the agents,

some of the agencies, not all of them on the civilian federal side as well.

Gary Mobley (StoneX):

Got it. So maybe there’s an opportunity

beyond that when. Maybe there’s, um…you know, other mandates, maybe not at the Federal level. But you know, obviously obvious

increased importance of being PQC ready in the private sector.

Dr. Jose:

So one of the things that is interesting to understand,

and this is an example that I gave before is that even before the seat belts were mandatory and kids were dying into cars because nobody

was using the seatbelts, you will have a six harness when you were flying a fighter. There is certain parts of national security, defense

and intelligence that they demand better security, not because actually they are subject to any mandates in particular. It's just because

they have to implement something that actually is safer.

So, yeah. Yes, I think it was. Yes, thanks.

Analyst:

This question is for Mike, but I’d love

to get Jim’s perspective on it, too. I’m curious as you’re engaging with customers. Where’s the demand pull across

the three form factors you showed us that had incurred the server or what looked like a harsh environment embedded? Yes, yes, yes, yes.

Same thing for Jim.

Mike Johnson:

It started with customers needing to do confidential

and all of a sudden was because they realized they needed a way to provide the upgrade and the in the and the retrofit path that they

were having. So they needed. Obviously, Intel and AMD, they do a great job on their TEE environments. The chip builds in. But what they

didn’t have was a way to say, and we test to this? Can we sign it, and we make the workload. Once it starts up, the cryptographically

secure. That’s where it started for us. And then it kind of became a build it. If you build it, they will come. And then, as we

started to explore this with those partners, we started to realize there were a lot of other places where we could go. We started to get

inbound on AI. and we realized that that same confidential compute is similar to that area of the marketplace.

Analyst:

And I’ll ask you a follow up. Sure. Look

at Jim’s contribution. The follow-up is to what extent are these deployments going into? Something that would be more of

an R&D evaluation, understanding how things would work if they went into production versus going into production where it’s

more early part of. Volume orders and what volumes are we seeing to the extent that it is that?

Dr. Jose:

So if I may on that. Yes, please. Yeah. So I think

the advantage of being an OEM component is that this is not an R&D project. Actually, what customers are testing today is just basically

if the same server that they bought in the past year. These new server that have these new component integrated. If there is any overhead

in the performance. So basically, they’re trying to understand the performance on the applications that they’re running, but

they’re not buying something new.

They’re buying the same server that they

bought in the previous year. But of course the PQC is expected to have an overhead. So many of them, the way that they are testing this

in their pilots is try to understand what that overhead is, because that impact the size of what you need to purchase. At the end. So

if we were not an OEM component, then the track is totally different. It’s very long and requires several layers of manipulation.

But since we are an OEM component, we’re really kind of like piggybacking the trusted supply chain. That is already in place

Analyst:

Okay, so if I’m buying for capacity, it

would be part of that, and there would be an opportunity to do the installed base sale.

Dr. Jose:

Yes that’s already in place. Yes. Thank you. Yes.

Analyst:

Is there an end state here where this gets to

be part of the motherboard where it’s soldered on, and this is a this is just a SKU. And how long do you think that will?

Dr. Jose:

So that that is an interesting question, and is

coming. We’re trying to solve several issues at the same time.

So at the same way that we have this inbound in

regard of the compute infrastructure, actually, at the same time we have an inbound in regards of edge devices.

UAV and critical infrastructure devices as well.

So, in that case, for example, the E2 is very particular because the devices, by default is very difficult to retrofit them, especially

the small devices. In the servers, there is a chance to put a card and to do a plugin, but in a very small device, actually, to have something

integrated in the motherboard.

It makes way more sense. So what we’re doing

in that sense is to go first for the communication tabs, but down the road.

You are going to be seeing solutions that are

going be integrated in the hardware itself, or they are going to be running in components like FPGAs, MCUs, or embedded inside of the

devices itself. None of them are an exclusive part. At this point, they are all running in parallel, and basically we prioritize based

on the demand.

Analyst:

How important are the drivers to the device?

Dr. Jose:

So in some cases, in some cases, when you are

an OEM component, it is driven by the platform. So in that sense, during the engineering integration, basically, we take care of that.

But then when we’re talking about retrofit of generic platforms. Then there is a work to do into the drivers itself.

So that requires like an upgrade of the firmware,

for example, in that particular case. But in the OEM embedded component, the customer. There’s no need for them, because we already

did the work with the OEM.

Analyst:

So, for the hardware and software PQC. What kind

of overhead is the software getting? Or I believe there’s more overhead on the software than there is on the hardware. So what kind

of speed are you getting from that? And then also is there an extra layer of security? Because you are generating the entropy yourself

rather than it being through a software where there may be entropy generated. But it’s mainly a PQC algorithm that is being implemented

in a secure and everything. I just want to hear about the differentiation.

Dr. Jose:

Yeah, so on the overhead, I think there is going

to depend on the use case, but in general, when we’re talking about communication, I believe that the overhead expected in the communication

networking is very similar to a VPN.

So in that sense, if we’re talking about

a new kind of encryption, a VPN will be give it or take, will give you a comparison. When we are talking about compute only, the overhead

is minimal.

This is very, very marginal when we’re talking

about in compute. On the other question in regards of the entropy source, that is a very interesting question, and it has to do about

how you create a solution that might be in the market for the next 10, 15 years, 20 years.

So nowadays, we’re very concerned about

Shor’s algorithm and quantum computer performing an attack, especially on prime number factorization. That is the main thing that

we have with PQC.

But an attacker, actually, he will not using a

quantum computer alone. He will use conventional compute. He will use side channel attacks, he will do quantum sensing if is available

at the time, in addition to a quantum computer, and he will run Shor’s algorithm, he will run proven algorithms. And who knows who

other kind of attacks he was able to perform in combination. So the PQC cipher only solves against source in a quantum computer. It doesn’t

solve all the other layers that potentially come into play in that timeframe of 10, 15 years. So the only and the core, the anchor of

cybersecurity is being unpredictable.

When you are having a pseudo randomness, or when you are having conventional

entropy sources, eventually they may become vulnerable to side channel attacks or advanced modeling that may happen into the future.

The only thing that we know that doesn’t matter how long it takes

is never going be able to be modeled. It’s a phenomenon that is quantum, because quantum is the only thing that, even with compute

information is not deterministic is probabilistic.

So if you have a choice. You have to choose something based on quantum

entropy will not be able to be modeled, even if it’s 10 years, 15 years, 20 years from now, because it’s based on quantum

mechanics and quantum mechanics is probability and non-deterministic.

So the fact that that you implement a quantum

entropy source along with all these other layers due to agility, trustless platform in a multilayer is just a better solution. It’s

going to be resistant to quantum because it’s its yes, is just the right way to do cybersecurity. But also it’s going to be

more resistant to whatever other multi-vector attack AI enable attack or whatever other attack you may have in the future, because you

are based. This is something that actually fundamentally superior. So this was it was here. Yes. No, no, it was you.

Analyst:

Oh, me. Sure. Jim, actually.

So he described the process on how he decided

to. On why you partner with EigenQ. I didn’t hear, though. If you evaluated other technology partners, can you talk about that there?

Jim Mackey:

Absolutely. So, you know, when my 25 years of

IT sales. I’ve always tried to find those differentiations right? And especially when you look at the data center today.

They have partners. You can’t go in there

because it’s so complex, right? Software networking security, you name it right now. AI now edge AI things like that. So yeah, I

have all I think. HPE in general has a really strong ecosystem. So it does make my life easier, and some of them. Like EigenQ, actually

have a stronger relationship, because they are in certain programs. In our system, in our ecosystem, that we treat them differently. So

they get they can be on our paper. So, you know, we can do quotes directly. having them as just a SKU for us, you know, the way how they’re

going to be integrated into our… into our motherboard, you know, or, I mean, into our… into our server. That’s…not

all partners have that level of partnership as well. Yeah, I’ve I mean, I do a lot, I would say the last four years have been AI

like NVIDIA, AMD, Intel, you know, from the high level, but also computer vision types of software. You know, that’s been the big

one for me.

Analyst:

So because you evaluate other potential PQC alternatives.

Jim Mackie

PQC. Yes mostly it was all software. Also that

was a big differentiator for me, too, because you know, when I the 1st customer we talked to said they had trouble with a software

evaluation. So that just tells me, you know, strengthen my hardware perspective.

Analyst:

How was the trouble that that customer had with the software-based?

Jim Mackie:

Yeah, they didn’t get into specifics, they

just said they invested a million dollars, and they spent a year. you know, evaluating it, and they got little to no results. That’s

exactly.

Analyst:

And to your knowledge, there isn’t another PQC hardware alternative

out there.

Jim Mackie:

Not that I’m aware. Not in the HPE ecosystem.

Analyst:

Some opinions on who are your key PQC hardware competitor. Thank you.

Dr. Jose:

Yeah. So I think it’s like within the HPE

ecosystem, I think that just to go on the on the process, you know, on selection of partners, I think what Jim was referring to is that.

When we met HPE already made public the announcement

of certain companies that they enter into a partnership. Compute companies, a pure quantum computer companies and the like, and also in

our case, some quantum resistant companies as well.

So, but that is a process that HPE do themselves.

And at least in the ecosystem with HPE technology, we are not seeing other companies that have the same approach to be an OEM component.

What we have found in the market is that there

is either certain companies that have certain components.

But they are trying to sell those components under

their own brand or themselves into the market. And then we have software PQC also that also is coming into the market in the same way.

So as I was mentioning before in the comparison

chart, what makes us different is being on the OEM integrated in a platform. And that process itself can take a year, a year and a half,

or longer in order to be actually better than integrated with the OEM itself.

Mark Roberts:

We have to do the last one.

Analyst:

So just going to build off of this conversation

on quantum entropy. So there’s a lot of urgency around Q-day, and it’s been pretty compelling to figure out what’s picked

up even.

But just how do you evaluate the need for evangelism

versus the inevitability of the product? If, like, a customer could think that software from a three level organization is sufficient

or they’re going to opt for something like ML-KEM with software and look at a local entry source and think that might work, at least

for the first year.

Dr. Jose:

I think…I think it’s a… there

is a market for everyone in that sense. Like the market actually will determine the different levels of security that you may want to

have. And this is the example of the six harness versus no seatbelt.

And nowadays, because of compliance, each of us

actually going to a car and you need to do put your seatbelt.

The ciphers may change. Nowadays, we have the

first generation of ciphers, and that are NIST-approved, and we know and we understand that there are going to be others.

that may change into the future. What is not going

to change is to have crypto and to have a trustless platform as an implementation. Those are the 2 pillars that are fundamental for any

kind of cybersecurity.

So what is the mistake that you can make nowadays

is thinking that updating the cipher actually will provide you security.

If you don’t fix the other pieces and the

other layers, you’re going to have this false sense of security.

And that’s the kind of attack that becomes

more complex and multi-vector. That is the risk that actually you may face. So. I think this is one of the interviews that I was having,

and they will have this very, very question. It’s like, how do you evaluate when a quantum resistant solution actually is effective?

And one of the things that I must mention there is that whoever is proposing just a blind upgrade is going to drive you into a blind spot.

So you cannot skip the work. So what we’re

trying to offer in our offering at EigenQ is just to make the switching cost of technology very low by taking care of the engineering

piece with the OEM rather than the customer.

Because if you don’t do this with the OEM

itself, the customer is the one that will have to evaluate the risk. And the customer is the one that has to become an expert in order

to mitigate the potential risk.

In our approach, we’re working with the

ones that build the platform, and we are having the platform along with them, so then the customer don’t have to do anymore.

Thank you. I believe that we are going to take a break. Oh, yes, we

are going take a break. Okay. All right. Thank you very much. And let’s break and come back in 10 mins.

Dr. Jose:

Well, thank you, everyone. So we are going to continue with our agenda

of today. So I have the privilege to work with two amazing professionals, Rika Nakazawa and Bryan Matthews.

They are driving our go to market strategies.

So I will let Rika to start today to share with you and specifically, we are going to be very focused on our cybersecurity and compliance

protocol and how these products and different form factors that we’re building, how we’re putting them into the market. And

basically, what is the projection that we have in a global strategy itself?

So Rika, she’s going to talk about a little

bit of your background, but I just want to highlight that she is one of the women in leadership in technology. She’s been more than

20 years involved in the ecosystem. And we’re talking about her experience range from Nvidia, Accenture most recently NTT and specialize

in commercialization of technology.

So there is not a requirement for the officers

in this organization to have a PhD or pursue a PhD. It just happens. So she is pursuing in addition to be full time doing this job, she’s

pursuing a PhD as well.

So, is this kind of people that are these overachievers?

So I will let her to take the stage. So Rika.

Rika Nakazawa:

Thank you very much. Thank you, Dr. Jose, and

thank you for joining us today this afternoon. I notice a conspicuous absence of coffee on the table, but I assure you that in addition

to the energy bars, what Bryan and myself will be sharing with you will be very energizing, and I anticipate exciting, so…I also

want to thank Dr. Jose for being very specific and saying pursuing, because that is indeed what I’m doing with my PhD at the moment,

but it all has to do with what Dr. Jose mentioned earlier about the role that quantum technologies are going to play within the future

of heterogeneous infrastructure.

It echoes the time of when I was at NVIDIA, when

NVIDIA back then, when I was there were GPUs were still just a twinkle in many gamers eyes. But the future of where things were going

was certainly a large twinkle in Jensen’s eyes when I was there, and now with quantum becoming engaged into the ecosystem is what

is particularly exciting. So let me share with you what we’re up to in the Growth Office. The Growth Office is responsible for the

rotation across two… around two fulcrums.

The first fulcrum is really around the category

and the ecosystem. And when we talk about the compute ecosystem, while compute ecosystem is a nice little package, it is much more multifarious

than simply what is happening at the compute layer. And often the way that I talk about this is around data connectivity and infrastructure

and then now intelligence, really creating a much more multifaceted way that we need to think about this.

So from a go to market and strategy perspective,

there’s a lot of other considerations and you’ll see shortly on the next slide the complexity of the ecosystem, but also the

opportunity there is to connect the dots across the ecosystem to create these constellations. The other fulcrum around which we are moving

things forward is around the direct to market. So, on the category and ecosystem side, it’s about working with these high-value

ecosystem partners, and certainly our pursuit is around expanding our mindshare and market share from the growth office. And in order

to do that, it’s working with some of the marquee names, names that you will recognize on the next slide, and being able to demonstrate

what is our relevance within that ecosystem and the incredible way that we can scale that. And that then leads to the foundations, call

it the tar and the road, as it were, on the route to market, ecosystem collaborations and partnerships strategically are going to be what

enables the access into the markets, not just in the area that we’re talking about today, that’s the most partially near term

around the cybersecurity and quantum intersection, but certainly as it relates to our roadmap, which Dr. Jose alluded to, and I will end

my section and revisiting that just so that you can get a sense of that from a full package perspective, but also the global markets.

We’ve been hearing a lot about the federal mandate. We’ve been hearing a lot in the United States consumes the air in the

room when it comes to geopolitics and investment in defense and intelligence. And as where we are going directionally is a 5 quantum technology

company. The global markets are extremely interesting, not just from a brownfield opportunity of embedding and within existing infrastructure,

but also greenfield.

And so really understanding how we do that with

these, with the tar that we lay down, but also the lighthouse opportunities. So the growth offices role is to identify and design

in those things that are going to yield to lighthouse projects. And that’s where the handoff happens with revenues responsible for

the downstream channel and revenue and sales perspectives. And for us as well, the largest strategic motions is part of part of the game

at play here.

We’ve seen already how the whole compute

ecosystem has been shifting into these high investment areas, novel investment ways that these projects are coming to life. As some of

you probably heard from Jensen at the latest GTC in Berlin. He said a gigawatt data center is going to cost 50 billion dollars to make.

But Europe, you better get moving fast, because

every day that you waste not doing this is costing you money, because you can make $40 million annually from these data centers. And so

when we think about some of these higher ticket items and where EigenQ is looking to embed into that ecosystem.

It’s really around generating those qualified

opportunities that are going to be the larger ticket opportunities. And as Jim was saying, where EigenQ can be part of a much larger deal

motion that’s happening, and that’s what we’re doing at EigenQ. And because of that, what you see in the middle is the

bridge between the category and ecosystem and the route to market needs to be very particular around thinking about how to take some of

these Aikido moves, call it, and what I mean by that is that there’s a lot of dual-use conversation that’s happening. So,

the government side and the defense and intelligence side are realizing that they need to be able to tap into.

Some of the innovations that are happening in

the private sector and bringing that to life. And at the same time there’s also private public partnerships, and that’s particularly

relevant when we think about critical infrastructure, because while critical infrastructure is often run by private enterprise. They may

be regulated or have some strong influence from the public sector side of things, or may even have a collaboration with the public sector.

So for us, it’s really about accelerating these strategic programs that then lead to where the revenue muscle and machinery comes

in.

I jumped ahead. I already alluded to some of the

marquee brands that we are targeting. And so these are the conversations that we are opening up as it relates to the ecosystem. So the

way that we try to simplify this, because there’s many different ways that you could put the light through the prism running in

the diffraction of that. But the way that we’re thinking about is first order compute infrastructure. So that’s why having

HPE here has been fantastic, and the ability to have that announcement. And certainly from a rinse and repeat of some of the ways that

we think about the value proposition for end customers, because we don’t go to end customers, we work through our partners and through

our channels.

It’s about being able to engage with other

players in the ecosystem, and not just at the chip level, but you think about where storage goes or where data goes. So whether that’s

in storage systems, whether that’s in networks, whether that’s at the compute. So really thinking holistically across that

system design is one of the things that I bring into EigenQ because I’ve been across that having lived in Silicon Valley for 17

years, having been at places like NVIDIA, having been at systems integrators like Accenture, it’s really thinking about how all

of those things come together. And related to that, data centers and cloud is its own 80 thousand pound gorilla or now around how we need

to think about that ecosystem. And so that we have separate and then embedded design. Wnc. As many of you already know, they are our design

partner, manufacturing partner globally. However, we know, thanks to geopolitics that there is going to be a need for us to be able to

source regional or local manufacturing partners to do that alongside some of the work that we’re doing with WNC. Meanwhile, it was

mentioned in the earlier panel, some of the software people, so Jim was saying, you know, there’s going to be some PQC software

guys that are doing things that might need to get integrated with what we’re doing at the hardware root of trust and at the hardware

level. So certainly identifying software partners that we can orchestrate this motion with is on is in our line of sight as well in the

growth office.

Space and satellite. Prior to joining EigenQ at

NTT. One of the areas I was focusing on was the space economy, and the space economy, the parlance there that I think is very accessible

to everybody is that space is not exogenous to what we do here on Earth.

It’s an extension of compute infrastructure.

Everybody’s talking about data centers in space now, and a lot of the different ways that connectivity and all of these things are

converging. So data connectivity and intelligence from Earth to orbit is one of the phrases that I hear often, and we know that there’s

a high level of relevance of the work that we’re doing across the entire ecosystem that will play into the investments that are

escalating and accelerating in the space and satellite. And dual-use space and satellite is a perfect example of that kernel of where

that comes together, because of that the level of interest that’s happening both on the private sector and the public sector.

And then one of my favorite roles, I come from Accenture. I was at Capgemini or Accenture that was acquired by Capgemini. Most recently

at NTT. I was within NTT Data.

The GSIs are going to be some of the ways that

we do reach the end customer as it relates to what it is that we’re solving and so being able to work with and build a framework

of how we go to market with the global system integrators is part of the work that the by the growth office is doing to then be able to

make it much more turnkey for the Revenue Office to then be able to work around sourcing those opportunities with end customers with the

GSIs. Related to that, the growth office is also responsible strategically thinking about how do we talk to the sectors in a way that

is going to be relevant to them on what the need is of first-order cybersecurity and quantum what we’re doing.

But beyond that, as I’ll mention in a moment,

so as it relates to doing sector demand, that’s where the industry group participation and market influence with market analysts

is also something that my team is running. So we’ve been accepted into GSMA, working with GSMA, and I heard from a one source that’s

been going to GS Mobile World Congress for many, many years, that Mobile World Congress in 2027 will indeed have much more elevated interest

in quantum and AI, for example, we are now part of the World Economic Forum. And so the World Economic Forum invited us to attend a quantum

economy day that they just had a couple of weeks ago in Geneva.

So that was very, very interesting as well. And

then and then the Innovative Optical and Wireless Network, which is a consortium focused on photonics, and that is our backbone, which

you hear about later from Dr. Jesse. And as you heard about Mark Pecen, Mark Pecen is leading a quantum group within ETSI, and then the

market influence side. So you were a financial analyst. There’s another whole group of analysts that we are endearing ourselves

to, hopefully, which are going to be the Gartners, IDCs, and so on of the world. And so we’ve been engaging with them, and we had

a conversation with one analyst, and I just wanted to share this story because it was fun.

We’re all very busy, and so trying to get

an hour, or even just trying to get half an hour with these industry analysts is precious. So we ran through everything with this industry

analyst. And at the end of it, we thought for sure that, as often happens. Okay, hard stop, need to go. He’s sitting there, he’s

saying, I could spend the next five hours talking to you guys, and that wasn’t to me, that was actually to Dr. Jose, because you

could talk to Dr. Jose for 5 hours. It’s just been very interesting. We’re very pleased that Gartner

has taken us on as a client, and we’ll be having a vendor briefing with them soon.

But so all of this to say that this is where we

are engaging across the ecosystem, thinking about the strategy and the influence that we can have.

So the motion by which we do this is through strategic

access to revenue. So on the left, the growth office, what I’m responsible for is call it the top of the funnel, really identifying

where the key centers of gravity are going to be to understand how.

Where are the relationships? How do we see goal

at the CISO level, but then also be able to get down to the ground level to understand what’s happening at the industry level in

the operations side, and then to think about what is the design in with some of the OEM ecosystem players that we need to work with in

a way that’s going to be impactful?

And right now that is focused on our PQC Plus

solution. However, there is also a way to think about the maneuver of how some of that foundation is going to lead to other ways that

we can scale portfolio solutions.

And once we identify what good looks like and

being able to work with the GSIs or to be able to work with some of the pilots that we want to engage with end customers with the GSIs

or some of the industry groups and so on, is to then identify those lighthouse opportunities.

And those lighthouse opportunities might be through

pilots, they might be through strategic investments, whatever they are, those are what we hand off to the revenue office. But really shaping

that and having that come to life, because whenever you have, and I’ve been advanced technology for my entire career.

It’s really hard sometimes for an industry

to really grasp what good looks like, or what the art of the possible actually is. So this whole concept of lighthouse is critical, because

once you can do that, if you can do that at speed in the way that we are committed to doing it in EigenQ, it starts to really light up.

Pardon the pun. What you can see on shore. And

as already mentioned by Chris from the Sterling CTO, there’s a lot of fear, uncertainty and doubt, or he said doom. I’m going

to steal that one. Fear, uncertainty, doom in the ecosystem. And so being able to shed the light on what is possible on the path forward,

I think is extremely powerful.

This is where we handed off new here from my…esteemed

colleague Bryan here shortly. So, of course, it’s not just the introductions, it’s really thinking strategically, being able

to demonstrate the complete value proposition with the ecosystem. And as I said, it’s about becoming part of the heterogeneous ecosystem.

I just want to thank John and Matt for listening to my spiel yesterday at Q Plus AI Conference.

Where I talked about the heterogeneous infrastructure

of the future. And so this is all within that context of how do we do this in a way that’s most seamless and viable.

Speaking of that, why we are so excited about

the opportunities here and why we need to be very focused from a strategy perspective in the go to market and supporting Dr. Jose is because

it’s a tremendous opportunity, as you can see from the data here. And you heal from Martin as well in later on today about the=

market opportunity. The data center market alone is tremendous, and it’s only growing, right? So we all know Anthropic just put

out their S1 yesterday and lo and behold, they are, they’ve been just growing hand over fist, and they anticipate the growth and

then the way that we’re thinking about it is, you’ve already heard, is really being very focused on where the largest opportunities

are going to be some form of Pareto principle, perhaps. But we have defense and government, financial institutions and critical infrastructure.

And I think critical infrastructure is such a nice way to encapsulate what is very large ecosystem, or not ecosystem, but very large sector,

a combination of sectors, because it’s not just energy. You have other utilities like water, or you have nuclear.

And even data centers are critical infrastructure

now in like, for example, the UK announced that data centers are national critical infrastructure. So when it comes to defense and security

and intelligence, you could almost say that there’s a proxy within critical infrastructure, because in the new world order, you

could take out what you see in the other sector, and we talked about M.2 in the Q&A, so thank you for raising that question as other

form factors, our systems being embedded in IT/OT, and that plays into the critical infrastructure play, because you can just take out

a country’s water system or energy system and handicap the ability for a national security. So what we’re doing within the

growth office as well, just to carve out the data center infrastructure is huge. But there’s also a very interesting strategic play

within IT/OT with so many systems that are coming online. You increase the surface area of vulnerability, and hence why the cybersecurity.

PQC Plus solution that we have is so compelling, and where Dr. Jose

already alluded to the inbounds that are coming in from the critical infrastructure players and are saying, how do we do this in a way

that is not going to completely disrupt our business?

Meanwhile, while we are working on the side of

some of these areas as it relates to the industry is also the international markets. So the growth office is very focused on how we think

about our global growth, because we need to do this at pace, but also with the resources and everything that we’ve been finding

and that Dr. Jesse and Dr. Jose have been putting together from a expansion through the next few years. So, for Europe, we are looking

at the largest economies, and for Asia Pacific, we’re looking at, as well the largest economies, but also those ones that have the

national interest that have been investing in high performance computing. HPC has become the rubric by which you can throw in the AI as

well as AI GPU as well as quantum and advanced systems. And so these markets are how we… how we’re what we’re looking

at, and how we enter those are going to depend very much on working with our OEM partners, because they can give us an indicator, the

leading indicator, and also give us signal to noise ratio on this, as well as the global solution integrators. And so working with them,

and it doesn’t even have to actually be a global, what we’re finding is there’s going to be some local players that

may be more appealing to work with because they’re just on the ground more natively there, as well as capacity and how we can come

online, and the demand for quantum security, quantum AI solutions that we have. So, Europe and then Asia Pacific, we’ve already

identified some strategic vectors on how we enter those markets and the way that we can land and expand.

I think everybody knows that there’s a lot of money in the Gulf

countries of Saudi Arabia, UAE, Qatar, and others. And so those are in our line of sight as well, because, um.

I think that there’s a sense of, okay, what’s

after AI? And how do we make sure that we’re not caught by surprise by what? What? What is what is compounding on top of AI? And

then we have some of the other broader applications, as I mentioned, in conjunction with the thinking about the global markets. So I think

in in summary, before I hand it to Bryan Matthews on talking about the ways that we work together and where the handoff happens around

and being able to accelerate them, recognize the revenue. The ways that we’re looking to have the growth office be relevant to the

strategy that we have around a solution portfolio is first order around establishing a foot footprint in cybersecurity PQC plus, and those

relationships and those partnerships and the framework of go to market will serve to help us on the go-to-market motions around quantum

AI. and then the quantum internet, and then our vision of what quantum computing is, which I’m sure Dr. Jesse and Dr. Jose will

talk more about it during Q&A or during the break during demos. So very excited. I feel very privileged to work with such bright people

just trying to keep up with my PhD candidacy on all this.

But I’m very excited for what we’re

building and even more pleased to have the chance to work with a rock star like Bryan Matthews, who will be speaking next. So Bryan is

the Chief Revenue Officer at EigenQ, and he has over 25 years of federal procurement, and this started when we were 10 and he has almost

a decade of leading US operations, so really is able to think about how things need to be from multiple supply chain and how things come

together and work together. Has an incredible deep experience in on the Federal side, and hence why he’s able to execute together

with his team working on the Federal mandate initiatives and bringing in partners like HPE. And establishing those systems. And as an

extremely well recognized operating product leader in the industry. Bryan, we’d like to hand it over to you. There you go.

Bryan Matthews:

Thank you, Rika. I appreciate that. I found the

exchange earlier between Rob and Jim and Chris very interesting. I was going to start this and talk more about announcements that were

channel ready, commercial ready with TD SYNNEX and Carahsoft in that we’re working hard to position with the OEMs. We’re working

hard to position with the VARs. But you guys got to see that what that looks like in real time.

And that’s exactly why we’re implementing

the strategy that we are. It’s a winning combination on how to win work.

You have to get the channel in place to leverage their scale. You have

to build the relationships with the VARs and they have to be key VARs. The ones that are in the PQC space, they’re doing cybersecurity,

they’re working with the federal agencies that we’re targeting.

And when you put all those things together, you

come up with wins, and the first two are the pilot programs that we have were from the HPE Opportunity and Sterling.

And so, again, I found that conversation very

interesting. I think that’s going to help shorten the slides up a little bit, because I don’t have to go into all of that

to explain it to you. You’ve got to see it in action.

A few things to highlight on this slide. We are

expanding footprints, in up through TD SYNNEX globally with TD SYNNEX Europe. And that is not completed. We’re going through the

onboarding process now, and that’ll help us expand our footprint quite heavily across the globe.

And then we’re also adding TD SYNNEX Canada,

and that’s in about the same location as far as it’s being built out and that’s going through the onboarding process.

But now that we have TD SYNNEX and Carahsoft in the US, the process is much more streamlined.

It can take a year, but with guidance from Rob,

who is a rock star, he knows that program. He knows how to put things in place, even pre-revenue speeds up the timeline with really key

relationships. It’s been amazing to see how quick we’ve moved.

And again, we’ve all talked about the other

list. We have other targeted OEMs that we want to work with the Dell’s, the Supermicro’s, the Intel’s, the AMD’s,

Nvidia, etc.

They mentioned during the discussion, and it’s

been mentioned several times that there’s 2 main opportunities here. There’s a retrofit where the existing installed base

and the billions of dollars is sitting out there, and it’s not PQC compliant and to penetrate that space, again, it takes the right

channel and the right channel partner, the value-added reseller.

We’re working through that process now.

You have to carefully map out what the target agencies are, how much they sold in volume in the past year, two, three years, and then

come up with a plan to do integration testing to make sure that your retrofit is going to work in a HPE ProLiant 10 server. And so we’re

doing all of those things now to position for that work, and we think that that market sector is going to hit sooner rather than later.

And then we’ve also described, you know, the full blown secure bundle HPE integrated solution. And those are coming as well. There

are several interesting contracts out of the federal space that had nothing to do with PQC, but it’s a time cycle for a refresh.

And those are big contracts. Those are 10 year contracts and there are tens of millions, if not hundreds of millions of dollars. We’re eyeing those very carefully, and we’re positioning with the channel and the VAR partners who are going to be pursuing

that work. And in many of those cases, it’ll be the system integrators or global systems integrators.

They usually chase those big ones, and they’re usually incumbent.

A lot of opportunity in both those spaces. And I’ll point out real quick. If you’re successful in retrofitting a lot of servers

that are already out there. The likelihood of you retaining that work when they do a refresh, I think, is significantly increased. That’s

an objective of ours as well. This is a general summary of the ecosystem, the main channel partners, we’ve already listed TD SYNNEX,

DLT Solutions, if you’re not familiar with them, they’re a part of TD SYNNEX, but they specifically are a US based agency,

and it can do all the things that are you need to do under that umbrella. And then Carahsoft is very interesting because, well, they’re

not as big as TD SYNNEX. They do have a very specific that spoken of Fed focus and they’re aggressive in that space.

Oem platform again. You saw a perfect example

today of why you need to partner with the Oems, the HPE, the intels, the AMDs. They bring a lot of synergy, they have customers. They

know what solutions are being sold and why, what use cases. All that information feeds back in us so we can come up with a way to try

to get a pro-performance unit, or what we call a pilot project, in their hands.

And then again, we mentioned the VARs, Sterling’s on there. SHI,

some of the system integrators are on there, CDW.

WWT, Vibrant, those are all VARs that we’re

working very closely with, have NDAs in place and are working through our pilot program as we speak.

Let’s talk a little bit about the pilot program. It’s

been very well received. It turns out the federal government likes free stuff. But free toys.

But what we’re doing is being very strategic about what equipment

we invest in.

And we make sure that before we send out a pilot,

we have a sponsor for the pilot. We have criteria established to demonstrate success once it’s gone through the program. We then

deploy the server, guide them through that initial setup and configuration, including any need to have someone on site. And then once

they prove that out, we request written documentation so that we can then use that as a use case. And in some cases, these pilot projects

are also getting interest from the agencies to sponsor what’s called an ATO, or Authorization to Operate. And that’s a really

important piece for us to have in play.

That process is difficult, if not impossible,

to do on your own. Once you have a sponsor and somebody says, “This technology works, we need it across government sectors. We

need it in other divisions within, let’s say, the Department of Homeland Security,” just as an example, they will help you

get through that process. And then from there, it’s a floodgate. They approve the technology, and then our hope is they place an

order.

We’ve also structured our pilot programs such that they can buy

the actual demo unit from us and retain licensing and ownership of it, and that sounds easy, but there are some difficult things in play

there. You have to make sure you pay attention.

To date, we’ve had at least...I don’t

know, Rob, 75, more than 75 inquiries into the pilot program.

Rob:

Oh, yeah.

Bryan Matthews:

We’re going back through and

tightening the requirements, really looking at what the deployment footprint looks like, the use case. If we’re successful in one,

can we roll that out to others? One other question someone asked was about the M.2. We’re getting a lot of requests for the M.2

in the edge device space. It’s usually DoD clients and Department of Homeland Security. It’s going to be interesting to

see how that goes and what devices they want to deploy those in.

Rob Jazwinski:

And Bryan, if I could add real quick, so we had

Chris on earlier and we haven’t gone public with this yet because it’s not at that testing and validation stage, but Sterling,

I think their partner advisory board, he’s the reseller, or Sterling is. He’s their point of contact. So you mentioned NVIDIA,

Cisco, Intel, AMD, HPE, Dell. One of the things where Chris was calling from is Cisco’s Partner Summit, and while we aren’t

listening to the minutiae level, they’re now testing with Cisco based on Intel and AMD wanting that partner to start testing there,

and Cisco has their own PQC development team. Those are things that you wouldn’t hear, and I didn’t want to get into the

minutiae, but when Bryan mentioned how many partners are doing this, they’re also starting to expand it to other OEMs because they

see the applications across the network. Sorry about that.

Bryan Matthews

No, thanks. I should also mention as part of the

pilot program, we’re targeting federal labs. We’re targeting TD SYNNEX itself. It has what they call cyber ranges. They have

two in the U.S. And so those devices can be sent there and used over and over and over again as the VARs bring their clients into that

environment and showcase our products. We get a lot of exposure for an investment or allocation of one of our pilot units.

The important takeaway here is that not all of

our VARs are created equal. In this illustrative example, the top 15 VARs do 60% of sales for HPE. And so, again, you have to be strategic.

We do not have unlimited resources. We have a very aggressive team, and they know how to navigate this. They know how to ask the right

questions. And those are the ones that you put your time and energy into developing relationships with, identifying who within the VARs

are their key salespeople, incentivizing them, and making sure that they have training and all those materials and things. We’ve

been working to make sure that we can fully support the onboarding of a new one and then from there, it’s a rinse-and-repeat process.

This is kind of illustrated here by the channel flywheel, we’ll call it. You get a new VAR into the system, you get them engaged

in conversation, you get them under NDA, you provide the training, support, and materials, and then next thing you know, they’re

out selling your solution into the channel. And our success has been very good there. Overall, it lowers the customer acquisition burden,

creates a faster procurement path, and provides multiple expansion vectors. I should highlight here too that under TD SYNNEX, under Carahsoft,

and the VARs themselves, they all have really powerful contracts. They’re members of the GSA contract vehicle, which allows a federal

agency to purchase equipment just like you would on Amazon over the internet. They don’t have to go out for bid. Otherwise, you

have VARs that have very specialized small-business set-aside contracts, and those can be really good avenues to get in, do fast work,

and make a sale with the agencies. And then I’ll say, third, the systems integrators also have very large IDIQs. It’s called

an Indefinite Delivery/Indefinite Quantity contract. Those are usually long contracts, potentially 10 years in duration.

And those contracts don’t necessarily have

everything defined within them regarding what the government is going to ask for. But if something like PQC comes along, contractors don’t

like to do a lot of contract work, and so they’ll write a modification to say, “We’re going to implement this PQC retrofit,”

or purchase new equipment through the IDIQ contract. We’re working really hard to develop those relationships as well and

determine which ones are the right fit. And just in summary, the procurement path is established, the platform ecosystem has expanded,

and it’s expanded rapidly as we speak. The partner engine is fully engaged, it’s operational, and validation is tied to purchase

within our PoP program, or pilot program.

Dr. Jose:

Thank you, Bryan.

Yeah, yes.

Thank you. Thank you, Rika. Thank you,

Bryan. Now I’m going to invite Alex and John. They are going to do a panel for us, and they’re going to focus on compliance,

mandates, and cybersecurity trends in general. Alex is our CISO, our Chief Information Security Officer. I will let him speak about his

background, and John is a very seasoned, globally recognized expert in cybersecurity, especially on the federal side and also in the civilian

side. I’ll let John introduce himself as well. Alex, please take over.

Alexander Truskovsky:

Thank you. Hi, everyone. Welcome to the threat and mandates segment.

I’m Alex Truskovsky.

I’m EigenQ’s CISO. I’ve been

in the post-quantum cryptography space for 11 years. I did some early work on some of the standardization of post-quantum cryptography.

More recently, I worked at Amazon Web Services, and just before leaving and joining EigenQ, I helped launch support for post-quantum digital

signatures within the AWS Private CA public service. And I’m joined by John.

John Petrie:

Yes, I’m John Petrie. I came from NTT, before

that IBM, and before that financial services, though I won’t name the company.

Before that, public communications and Sprint.

All of those were security positions.

Also, I’ve been the CEO of NTT’s U.S.

security division twice. The first time to bring it on board and establish our presence in the U.S. The second was to close it down and

move it to our operating company and get an anchor production.

I’ve crossed paths with Rika several years

ago. I’ve got 30-plus years of experience, maybe closer to 40 now. Semi-retired for the third time. We’re going to talk a

little bit about what it means to a CISO, what this solution set means to a CISO, and why it’s going to become important over the

next probably 18 months or so. With that, we’ll get started.

Alexander Truskovsky:

We’ll unpack a little bit more about

the threat and the mandate. And again, here we’re looking at it from the perspective of what organizations and how they should be

thinking about migration. Cryptography is built into all modern infrastructure. Quantum computing changes some of the assumptions that

it relies on, and replacing cryptography takes time. We’re going to look at the threat, today’s security pressures, and the

mandates shaping what organizations need to do. Quantum computing affects cryptography in two different ways. With symmetric cryptography,

such as AES, quantum search reduces the effective security margin. This matters, but it can largely be addressed by using larger key sizes.

Public-key cryptography, on the other hand, is a much bigger problem.

A cryptographically relevant quantum computer

could break widely used RSA and ECC algorithms. These algorithms are used not just for encryption, but for key establishment and authentication,

including digital signatures. The problem goes way beyond encryption here. It affects certificates, authentication, device identity, software,

firmware updates, and the roots of trust that systems rely on. The key and trust relationships between those systems also have to change.

Public-key cryptography is everywhere: servers,

network equipment, applications, embedded systems, long-lived devices, you name it.

A single business service may depend on several layers.

Now, post-quantum cryptography gives us algorithms

designed to resist both conventional and quantum-computing attacks.

They run on conventional computers. Standardization

here matters because systems have to work together. Both ends of a connection, along with certificates, software, and devices, need common

algorithms and protocols.

You should not assume that today’s standards

are the last algorithms that we will deploy. NIST has finalized the first set of PQC algorithms, but it continues to evaluate additional

options. That is why crypto agility really matters. Systems need a controlled way to change algorithms, keys, certificates, and related

components as standards and threats evolve.

We still cannot give a defensible date for a cryptographically

relevant quantum computer. What is changing is the planning horizon. Google Cloud targets full PQC migration by 2029, and Microsoft says

it is accelerating critical product and service migrations to PQC by 2029 as well. There are no guarantees today, but they show that

major technology providers are moving their migration timelines earlier. This matters now for two reasons: Long-lived data can be collected

today and decrypted later. Systems bought today may also remain in service after the cryptographic environment changes. Organizations

need enough time to make the transition without disrupting operations. John, the recent PHP vulnerabilities and AI-agent attacks on

websites tell a CISO something about today’s priorities.

How do you keep quantum preparation moving at the same time?

John Petrie:

Obviously a CISO and their staff have a pretty

busy day today, mostly fighting fires. In the case of the PHP vulnerability in software, I think this may be the first time we’ve

seen the swarming of AI agents attacking a vulnerability globally almost at the same time and in synchronization. Think about that and

reflect forward to quantum and the ability to accelerate those attacks using quantum algorithms.

From an operator standpoint, I would really like to have a capable

hardware solution that’s going to help me defend against that. Number one, but not rely on software capabilities where you have

to continually swap them out and upgrade them.

A Microsoft model, for example, not to bash Microsoft,

but at the end of the day, every time you turn around, you’ve got a Tuesday full of monthly updates that need to be applied. It

would really be good from an operator’s perspective if we had hardware that was already functional and ready to go for PQC purposes.

It’s important to look at this in the proper context from an operator’s perspective.

In the case of architectural design, several of

the speakers today have talked about zero trust, and certainly Dr. Jose has spent a lot of time discussing it. Three years ago, actually

now four years ago, NTT itself, full disclosure, created an architectural design clearly based on zero-trust principles. In that architecture,

there was a process designed and integrated with that architecture for solution updates. One of the key components, even five years ago,

was quantum. What were we going to do? What was the strategy going to be?

In that particular case, we had to integrate what

was, at the time, still largely unknown into the architectural design. Why am I spending time on this? The point is that as you move forward

with a program, it doesn’t matter what industry you’re in or necessarily what size organization you are, but certainly major

Fortune 500 and global Fortune 500 companies have the ability to integrate a PQC implementation strategy directly into their zero-trust

architecture. You do it from an architectural foundation. That means you also take advantage, which I’ll talk about a little more

in a few minutes, of the existing lifecycle, lifecycle management process for your hardware and software acquisitions.

And that’s going to become extremely important

moving forward. Within the current OEM structure, that really becomes what I would consider a game changer from a security perspective.

I think when you look at the overall security programs across industry, again, it doesn’t matter which sector you’re talking

about. Every one of them has regulatory requirements on the security side. As a CISO, we have to manage those from top to bottom across

the entire lifecycle.

And as we talk about PQC, hardware versus software,

I think my colleagues would agree that from an implementation standpoint, it is preferable to have it at the hardware layer. The software

layer has its own unique challenges. So, back to PHP. This is really the initial example of swarming AI agents being directed against

infrastructure. And that’s something we’re going to have to address. From a quantum perspective, it has to be integrated into

the overall security program.

Alexander Truskovsky:

Thank you, John. Governments are turning quantum

concerns into migration and procurement milestones. The dates on this slide apply to different systems, but all of them require planning

and purchasing decisions well before the final deadlines. Well, John, which government milestones matter first? Who has to meet them?

And what should organizations take away from them today?

John Petrie:

I’ve seen a similar chart about three

years ago. Back then, the dates being discussed were more like 2050 and 2042. And at the time, at virtually every security conference

I attended with fellow CISOs, we started looking at those timelines and recognizing they were simply unrealistic.

We began assessing, at least from a global

CISO perspective, what the different requirements were across geographic regions and countries, and how those requirements would affect

us. Then, when the United States issued its directive, as we’ve discussed, that really began focusing industry, particularly defense-support

industries, to move forward very quickly. And when Rika talks about critical infrastructure, that’s become much broader than the

traditional five-year view of critical infrastructure. It’s completely different today.

Boiling all of this down, the most important

requirement now is really to begin planning and incorporating into your architecture what quantum readiness is going to look like for

your company.

I think, at least fundamentally, that implementing

PQC, or becoming quantum ready, involves a couple of areas that matter significantly from a regulatory and compliance standpoint. One

is data sovereignty.

It’s all about the data. Where you store

that sovereign data and how you communicate it in a quantum-secure environment will be somewhat different from how it’s handled

today. You have to evaluate each regulatory requirement and determine how you’re going to address it in the near term. And by

near term, I mean between now and January 2027, which is right around the corner.

Europe is somewhat different because from a compliance,

privacy, and security standpoint, it already has very strict regulations in place. What they’ve done, however, is require a named

owner within each corporate headquarters who is responsible for PQC. They’ve also implemented a concept called a cryptographic bill

of materials. Everybody knows what a bill of materials is. In the U.S., we’ve been discussing SBOMs for roughly a decade and still

haven’t fully completed the process. Europe is now applying a similar concept specifically to cryptography.

That’s potentially going to be a game changer for doing business

in Europe, particularly for companies outside the European Union.

They’ve also established deadlines whereby,

by December 31, 2030, organizations must meet high-risk mandate requirements, and full migration must be completed for high-risk use cases

and critical infrastructure and what exactly falls into that category will be very important from an EU perspective.

Those are some of the key differences between

the regulations and the approaches being taken. One other point I’d like to bring up, just from an awareness perspective, is that

unlike the EU approach, which relies on legislative mandates and hard regulatory enforcement with specific deadlines for member states,

NATO has approached quantum readiness as a joint military capability.

If you’re interested in geopolitical

issues, whether that’s Ukraine, Russia, Iran, or elsewhere, and you start examining the requirements NATO is placing on member nations,

particularly around hardware acquisitions influenced by major technology upgrades, you can see the potential implications under Article

And if you know anything about modern warfare,

that becomes a very big deal if adversaries begin using quantum-enabled capabilities to conduct cyberattacks.

Moving forward, that’s something that keeps

many of us in the CISO world awake at night because nobody wants to be involved in a cybersecurity conflict scenario. I bring that

up as another area of concern and another reason why software-only PQC solutions are generally less desirable from a CISO’s perspective

as hardware-based approaches become increasingly important.

Alexander Truskovsky:

The mandates give organizations dates, but management

needs to know what has actually changed. A system may support PQC without using it in production. Migration can also leave dependent systems

unable to communicate. The transition has to preserve interoperability, security, and normal operations. John, what does meaningful

progress towards quantum readiness look like when operations have to continue? How should organizations demonstrate compliance along the

way?

John Petrie:

Again, let’s talk. differences between enterprise. Fortune global

Fortune 500 versus small medium business. Okay. When you, when you make that distinction, you’re talking about very mature and fairly

sophisticated. enterprises, that. implement things based on standards processes. When we talk about having to deal with regulatory requirements

and compliance, most every company is going to have things like a SOC 2 SAS 70, those kinds of certificate related compliance vehicles

that they’re mandated by country to have those certificates in place and those reviews happening most of the time annually.

One of the things that that at least CISOs

and Cios have to be considering is how are they going to implement those privacy standards, evidence collection areas around quantum implementation.

I’m going to come back to a couple of statements I made previously that integrating that with your overall architecture design and

being coming a project and a program versus a reaction to a sort of a tax scenario is something that you have to consider one from a dollar

amount or no funding amount, budgetary amounts, but also to take advantage of the lifecycle management capabilities, and I’ll talk

a little bit more about that in a second. All of those things become important. And then when you talk technically as it relates to

protecting the keys themselves and those kinds of things, there are certain places within the infrastructure of a corporation or an entity

that you have to take a look at from a programmatic perspective and when the best time is to implement that rather than responding in

a firefighting mode.

Those kinds of things have to be directed and implemented at

the leadership level. Every leader has to understand what.

Quantum and PQC and the cryptographic models that

you’re using inside your environment. And frankly, that’s a boring topic for CISO to talk about to a CEO who’s more

concerned with people like Rika and Bryan about revenue generation. No. We could talk about those things later, but I think that answers

the question.

Alexander Truskovsky:

Thank you, John. So not every system will follow

the same upgrade path, right? Some modern platforms can be upgraded in software. Some existing systems can be retrofitted.

Some legacy equipment will need to be replaced

because it cannot support the required cryptography or a safe upgrade path. That means a buying decision is not about getting PQC everywhere.

It’s about closing the gap that matter. So, John, who? When our existing platforms are great enough? And when do customers need

more infrastructure or expertise? What evidence should they require from their vendors?

John Petrie:

I think the 1st question we have to ask all our

vendors is, you know, what are they doing? Around PQC. What? What are they implementing? Especially if you’re talking about. Bob

services, especially when you’re talking about Cisco or Juniper or what…pick the vendor name that’s provided your edge

devices, your data centers. What are they doing to become PQC ready based on the mandates back to the second topic we talked about, you

know, what are they doing to meet those requirements? Because. Every corporation that is in existence today has to leverage their partners

to do part of their work. They have to they have to ensure that they meet certain requirements. When you talk about certificates,

SOC 2 sets of those kinds of things. Those vendors are also part of the assessment, part of the review and part of the mandate that you

know defines what the capabilities are, what your risks are, and certainly, you know, where you stand as it relates to certifications.

Having met all the requirements? Examples of identifying gaps and risks are very important. The embedded systems, hardware-backed device

and identity, key protection, all of those things become really, really important from both relying on the vendors to do their fair share,

but also how that’s integrated with the overall architecture design. Come back to the architectural design, because that becomes

really important when you’re making these large decisions about when you’re going to implement a refit or complete overhaul

or getting rid of your technology debt, all those become important from an architectural design perspective.

I think those are very important decisions, depending on

where a company is at in their life cycle. For example, when they get ready to make.

Most companies do one-third, one-third, one-third

about replacement for endpoints, for example. When they’re getting ready to do that, where is the discussion about? When you’re

going to implement PQC. Right? When are you going to make cryptographic changes? It should probably be part of that discussion. So CISOs

are now being brought into the lifecycle discussion at the procurement level.

They are having more and more input in how

those systems are going to be acquired through the procurement process. Also, how they’re going to implement it, and what stage

of the life cycle it’s going to happen at. That also talks to the ability to make the decision on what’s the upgraded path.

And we’ve talked a couple of times about refit.

No. If we stick to these dates, in fact, not each

country is going to stick to, including the EU, we are going to have to make really big decisions right now of how to retrofit our existing

capability because corporations are not going to spend 5, 6 million dollars on full scale shifted lift. We’re not going to replace

every single endpoint. We’re not going to replace our data servers.

We’re going to do this in some kind of measure

roadmap plan of implementation. This becomes really important from a…refit perspective and a hardware perspective and a solution

to get us through the next. 18 months. Most of the life cycles are based on the three-year programmatic budget implementation. We’re

going to have to figure out a way to do that. So having a solution. EigenQ to do refit. They have the ability to put a board in place.

I think is something that the CISO is going to really take a hard look at.

I think that answered the question.

Alexander Truskovsky:

Thank you, John. The quantum and novel cybersecurity threats.

It’s not just about replacing encryption algorithms.

It affects public key trust across key certificates, identity design

software. And the same time organizations still have to handle vulnerabilities that are arriving today. Mandates create deadlines, but

practical question is whether organizations can show progress while keeping system interoperable and operating. Some platforms will be

upgraded, some retrofitted, and some will have to be replaced. I will now pass back to Dan to continue with the business model and financial

framework. Thank you.

Thank you, Alex. Thank you, John.

Dan Nash:

We now all have the opportunity to hear about our technology products

and commercialization strategy. I want to bring those pieces together to talk a little bit about the financial model. What's particularly

encouraging is the progress we've made on the commercial ecosystem.

We first started spending time with EigenQ. What really stood out for

us, was the quality of commercial partners they established. HPE, TD SYNNEX, Intel, AMD, WNC. Including academic papers with Cisco and

others was really powerful vertically at the stage. As we go on and talk about the illustrative model going forward.

It's a combination driven by management's market

analysis, but also a lot driven by direct feedback from channel participants driving the assumptions below. Importantly, there are several

potential opportunities we discussed and we're talking about that are not embedded in the illustrative financial model.

While they're not presenting today. I also want to recognize

a couple of key members in the finance organization. Natan, the audit chair is a long time senior executive from Deloitte, who brings

extensive financial experience, strategic and public company experience.

Cris, an experienced financial professional who has served as a controller

at local startups brings hands-on expertise in accounting, financial reporting, and scaling finance operations. Together, they bring a

strong combination of institutional experience, hands-on operating expertise as EigenQ prepares to be a public company.

The Company is developing its permanent CFO leadership structure. It

expects to make an announcement soon. Deloitte is supporting their public company readiness. The objective

is to build a disciplined finance organization capable of supporting growth, timely reporting, and transparent communications.

I'll try to get through this efficiently, given

the long day, but I wanted to talk about some specific business model and financial highlights. We touched on this already, but the market

opportunity is massive, and it's mandate driven. What this means is the illustrative assumptions imply a very fine market penetration

rate to achieve the company's goals. It's an enormous installed base with the new equipment ecosystem. The growth of AI, data center

spending creates a powerful tailwind.

At the same time, government and enterprise security requirements are

driving a transition towards post quantum cryptography.

Of note, the illustrative assumption that we're

showing are driven by our current relationship of HPE and the ProLiant servers, leveraging Intel and AMD driving the plan. EigenQ doesn't

need to capture a large percentage of the third market to build a meaningful business, but it's implied is a low single digit penetration.

That's HPE government business in the US for ProLiant servers.

We're addressing this enormous infrastructure

market at precisely the time that these cybersecurity requirements are undergoing a fundamental transition. You don't need massive market

penetration to create a very large opportunity.

Another key aspect that we want to point out

on the model is a scalable capital-light approach. HPE And other OEMs already sell the servers. The distributors already connect to those

products as resellers and VARs already serve government and enterprise customers.

EigenQ is working to integrate its secure technology

into these established procurement and deployment channels that creates potential for tremendous operating leverage as sales sit.

Of note. EigenQ is leveraging the infrastructure and sales ecosystem

that already exists and not planning to build it itself.

I mentioned this earlier, but the attractive business model and unit

economics were a key attribute that attracted us here. There’s a high dollar purchases with strong margins leading to additional

requirements of land-and-expand strategy strong unit economics for hardware, which I’ll discuss on the next page. What truly differentiating

this company for us is not just the scale of the opportunity, the near-term path to profitability, and the capital-efficient model paired

with these strong unit economics.

We’ll talk a little bit more on the next

pages as well, but there’s a recurring revenue opportunity and expanding margins. In addition to the original hardware deployment.

There’s service contracts ongoing after the first couple of years, and then there’s potential, as discussed of different future

revenue models not implied in the model, but from OEM licensing and royalty agreements and other paths to partner with the ecosystem and

customers we’ve talked about.

We don’t think about the hardware sales

as just an entry point and not necessarily the end of the revenue relationship.

And as discussed, there’s significant operating

leverage here. Dr. Jesse and Dr. Jose have built a very cost efficient business focused on profitability from day one. They invested significant

amount of their own capital, and they leveraged that ecosystem at Waterloo to build one of the strongest networks of quantum and cyber

researchers in the world.

Moving on tounit economics.

Walk through this as an illustrative example of

a government purchase in the US. The end customer may pay for a bundle $80,000. And in this example, approximately $30,000 would be allocated

to OEM channel economics. Of EigenQ's $50,000 in revenue, approximately $16,000 represents deployment and fulfillment costs.

This leaves $34,000, representing a 68% contribution

margin,

And incrementally that, as you see in the middle

of the page is phase two, there will be an expectation of a bundle of software for, in some cases, one or even two years. There's an annual

fee of approximately 10–12% of the $50,000

and that would be ongoing. Additionally, as mentioned,

there’s a third potential revenue stream coming from IP licensing included as royalties. This is a contribution margin illustration

and not the company’s GAAP gross margin. Actual economics will depend on the product mix channel agreements, pricing, fulfillment

costs, revenue recognition.

Initial illustrative example shows and as documented in the filing

in our last filing, over 80% for PQC bundles, with the rest primarily driven by retrofit units.

And federal commercial deployments. Commercial

deployments will have different economics, as this example than Federal.

What’s really attractive here is the potential

to capture significant value at the initial deployment with additional revenue opportunities over the life cycle of the product.

Right. Moving to the financials. I’ll pause here for a moment.

And I said, we’ll provide this this deck when it’s filed shortly, but wanted to share an update on the illustrative financial

targets for the next couple of years.

An important thesis, which you've heard a lot

today, is that the commercial thesis, as we've been involved here, is developing more favorably than originally anticipated. EigenQ's

base revenue model was developed primarily around the TD SYNNEX distribution and HPE relationships.

Incorporating what management believes are conservative penetration

assumptions for HPE's U.S. government server business.

It’s developing that model, EigenQ has continued to expand its

strategic relationships, distribution channels, and product opportunities, creating potential incremental revenue sources beyond the original

model.

Additionally, we believe that there’s potential

upside to the penetration rates assumed in the future.

Now, that said, Federal agencies are progressing

more slowly than anticipated through post quantum cryptography readiness, budgeting, testing, and procurement.

The Government Accountability Office’s October report, which

we referenced earlier was a good summary of where we are with the post-quantum transitions. Of the 24 federal agencies reviewed, not one

had completed 3 key readiness practices, and 23 had not begun PQC testing under this GAO frame. The government recognizes the urgency,

but agencies are still working through the preparation required at large scale procurement begins. Just yesterday, the Office of the Department

of War Chief Information Officer reiterated the acceleration needed for both on the migration.

That’s an important distinction for EigenQ.

The market isn’t going away. They’re well positioned in the competitive landscape. The buying cycle is taking longer to start.

We’re seeing deployments shift from Q4 into 2027. Meanwhile, our channel relationships, product opportunities and overall commercial

positioning are developing more favorably than we originally anticipated.

As a result, management expects 2027 revenue to

be heavily weighted towards the second half of the year with approximately 75% in the second half of 2027.

The key variable is the time for customer procurement

and not the size of the opportunity. We see growing channel participation, expanding product portfolio and additional potential

commercial announcements. Management believes the original revenue outlook achievable, with potential for outside in government

and enterprise PQC spending. Now to hit on a couple key attributes by year. 2026, as mentioned, was a big year for validation preparation.

The emphasis here was on product revenue, proof of concept engagements, OEM integration, channel development, and government procurement

processes. As referenced, there’s a number of pilots in process, which began in Q3, and you know, I think Jose can discuss in more

detail, but it takes approximately 6 to 18 months from pilot to delivery. These timelines can vary, but I think that’s an important

aspect to know as a company makes further announcements with future OEM partners and others.

As you think about the timing to implement and

scale new opportunities with their core opportunity launching in Q3 of this year. Delivery in those orders of manufacturing, can take

roughly 10 to 12 weeks to procure. With that timing, that timeline short, depending on your breakdown.

2027 is a commercial inflection year. The management

illustrative target of 120 to 155 million in revenue weighted towards the second half of the year. Growth is expected to come primarily

from PQC Plus bundles and a small contribution from PCIe retrofit shipments.

Federal and regulated markets are expected to

represent the large majority of this segment in 2027 model targets with positive adjusted EBITDA in the second half of 2027.

2028 will be a year we scale with illustrative

targets of 270 to 330 million. We discussed before, but the anticipation is that implies mid-single digit adoption from HPE’s Us.

Government business.

And by 2028, we’ve discussed a number of

potential upsides to that number. Gross margins, adjusted EBITDA margins should start to approach longer-term targets and continued operating

leverage as a distribution model scales.

The last thing I’d iterate is this financial model is informed

directly from our partners, which made us incredibly excited and comfortable with with the estimates within their model on a relative

basis. Obviously, there’s risk involving moving so quickly from pre-revenue into the scale that they have. But as you’ve heard

from a lot of partners tonight, their commercial focus and vision from their partners has driven us incredible comfort. With that, I’ll

hand it over to Martin to talk about our investment thesis and the transaction.

Martin Zinny:

Thanks, Dan, and thank you all for spending the afternoon with us.

By way of background. I’m the CFO of Silicon Valley Acquisition Corp. spent over 20 years as an analyst and portfolio manager at

Fidelity, Point72, Whale Rock Capital, and Millennium. I have many friends on both the buy side and sell side, so I’m sure we know

a lot of people in common. And I’m very familiar with the important role that each of you guys play in the ecosystem, having been

a big user of the product.

This afternoon I’m going to walk through

our thesis and then talk a bit about the transaction valuation, and then the recent private financing.

On our thesis, I think we would all agree on

the importance of management in any investment decision. In my experience, exceptional outcomes almost always start with exceptional people.

Jesse is not only one of the most respected voices in quantum and a

published author in the field, but he’s also a proven operator. Lakes Software, his first company, holds significant market share in its

segments and generates the kind of free cash flow that allowed him to personally invest tens of millions of dollars into EigenQ over the

past decade. The discipline, commercial mindset, and operating rigor that built Lakes Software are the same principles that underpin EigenQ

today.

We are equally impressed with Jose. He combines

deep technical expertise with real commercial instincts, which is a rare combination in this sector.

He completed his four-year PhD in two years while

working full-time at EigenQ and helping build the company into what it is today.

He was Jesse’s top student and handpicked

CEO to lead this business forward. And as you’ve seen today, the broader management team is cut from the same thread. Deeply technical,

commercially minded, and highly execution focused. Please seek them out after these presentations.

When I evaluate early stage growth companies, I generally look for

3 things, large, high growth markets, incredible path to profitability and a model that can scale quickly. EigenQ checks all three boxes,

and the company is positioned to benefit from a generational shift in technology, and what many view as a hardware super cycle.

Let me break down the thesis a little more specifically. First, st

the current level of technological advancement, including quantum computing, introduces unprecedented cybersecurity risk. And every day

we hear about a new incident.

We believe hardware-based solutions will be essential.

Software alone will not be enough.

EigenQ is uniquely positioned to be in this quantum

safety infrastructure.

Second, quantum is real, and demand, as you know, is mandated, not

speculative. EigenQ does not need a quantum computer to arrive on a particular date. It simply needs agencies and enterprises to meet

deadlines that are already set.

That is the key difference between the quantum computing peers: they

largely sell research and services, while EigenQ sells hardware that customers are being told they need to buy.

Third, EigenQ is built to scale and scale efficiently given its asset-light

business model. The company compares favorably to quantum peers, cybersecurity peers, and embedded component peers, often with a clearer

commercialization path and stronger unit economics.

Let me talk about optionality. As an investor, I always loved finding

companies with optionality and multiple ways to win, and EigenQ fits this model. At a high level over the next 3 to 5 years, and really

10 years and beyond, EigenQ is levered to 3 massive secular trends:

Cybersecurity, AI and quantum, both in terms of

the compute infrastructure required and the need to secure the data flowing through it. That’s the first example of optionality.

Digging into the business model, the assumptions that Dan described today focus exclusively on HPE servers sold to the US government.

But the channel geographic and product optionality

is enormous, some of which Rika and others touched on in their presentations. To frame this, think about other potential large OEM partners

or other areas within compute infrastructure they can penetrate (the retrofit market, networking, space and satellite, mobile communications,

etc. The geographic opportunity in Europe and Asia, and different components and form factors also discussed earlier. None of this is

in the model that you saw today. That’s the second example of optionality.

The third example is future growth opportunities, which were touched

on a little bit earlier and I don’t want to take away from Jose to Jesse’s closing comments, but we believe EigenQ is building a defining

quantum platform.

Today, the company leads in quantum cyber and quantum security. Over

the coming years, the roadmap extends to quantum AI, quantum internet, and ultimately quantum computing. Again, none of this is in the

numbers. But taken together, we hope you see that EigenQ has meaningful near-term optionality and even greater long-term upside. None

of this is required for the base case to work.

EigenQ’s 3 billion dollar entry valuation represents an attractive

starting point, given it’s a discount to quantum and cybersecurity peers, as well as other tech companies with embedded hardware and software

components.

There is no perfect public comp so we benchmarked against a deliberately

constructed blend of peers across relevant sectors.

Even on the conservative adoption assumptions that Dan discussed, EigenQ

screens favorably on prospective 2027 and 2028 revenue multiples, assuming adoption and order fulfillment scales as anticipated.

And if adoption outperforms the base case, the model delivers substantial

operating leverage, creating clear potential for valuation upside. But revenue is only half the story. After studying companies for more

than 20 years, I’ve consistently seen that stock price performance ultimately follows earnings and cash flow. That combination, high growth

paired with a credible near-term path to profitability is what first attracted us to EigenQ and what continues to reinforce our conviction.

Unlike many emerging quantum companies that require heavy ongoing capital

investment, EigenQ’s asset-light model is built to deliver attractive margins, strong cash conversion, and limited reliance on future

financings. As a result, the company screens favorably not only on revenue multiples, but also on 2027 and 2028 EBITDA and post CapEx

EBITDA metrics across the broader peer universe in all cases, subject to validation, and assuming the accuracy of the company’s prospective

financial model.

And finally, the company has entered into a $45 million private financing,

a portion of which has closed with the balance to close contemporaneously with the listing, all of which is expected to fund the company

through a projected path to profitability.

Now, some closing thoughts. Let me quickly summarize one, EigenQ

sits at the intersection of 3 powerful secular trends, cybersecurity, AI, and quantum. Two, demand is mandated, not speculative. Three,

the business model is asset light channel-driven and EBITDA positive in 2027 and on the conservative case, and four, at roughly 10 times

illustrative 2028 revenue, we believe the valuation reflects the core business alone. None of the optionality I walked through earlier

in the company is in the company’s projections for the multiple. That is all upside.

To close, this combination of growth, profitability, and capital

efficiency creates a compelling risk-reward profile from current levels. EigenQ is a rare case where the technology, the team, the business

model, and the valuation all align.

Thank you for joining us today. I’ll open up the questions not only to

my section, but to the other sections that you saw today.

Gary Mobley (StoneX):

2026 is characterized as the year of validation.

Is that specific to procurement? by the customers of validation supply chain, or is that technology validations? The technology been validated

that it works properly.

Dr. Jose:

I can take that. As I mentioned before,

in the funnel of innovation, when we go from science, technology, product and commercialization, actually there is different phases of

validation. I think that is a very good question to try to. drill down what validation actually means. I will say on 2025, the company

was in in full process of going from science to technology.

into product. And the best thing of that is the

certifications, like the NIST certification, for example, for part of the products and the like, that is basically the validation of the

technology and the validation of certain products. 2026, on the other hand, is the validation of the product market fit and the commercialization

itself. And that’s involved channel enablement, procurement, value chain, and actually how you take a product to scale. That means

closing the partnership from the manufacturer to all the distribution channels. Then we are ready to meet the demand that we expect

on 2027.

Analyst question:

Is there some kind of a, sorry, raise my hand.

Is there some kind of installed base figure roughly now of the pilots that are out there? Are there any numbers you can throw

us.

Dr. Jose:

I think in the in the last S-4 we disclosed that

53 pilots that were already in place. And as of today, I think we have an additional inbound already on that. One of the things that I

want to mention is that. And this is happening in the last six weeks that the money has just been increasing. I don’t know, would

you refer that to install?

Analyst question:

There are multiple machines in each pilot, I would think, correct?

Dr. Jose:

I think if we talk about the numbers,

like out of there. I think what we can refer to is that the installed base in several parts of the government

like the installed base. In that sense, the current installation base and the renewal cycle globally is 16.5 million units. The global

compute infrastructure, I believe on the US itself, I will venture that we’re talking about maybe 20 million units in the last two

years.

Because it’s an accumulation of certain devices that will include

compute infrastructure, edge devices, routers, networking, and the like, not only servers, when we’re talking about the…

I will have ventured to say on those numbers in terms of our pilots and what is the impact of those pilots, I think as I don’t know

if we have any numbers that we can disclose today. I don’t know if it’s disclosed. I would say that the It’s about a

50-50 split with actual like HPE servers or other branded servers, and then cards that we ship that they apply into their server infrastructure.

So there’s both, and it’s probably. 50 50. 40, 60, some under. Okay.

Dan Nash:

And maybe just one clarifying point on the financials

without giving specifics that are not public at this time, but the original analysis that was provided in the disclosures was a tops down

approach based off their channel partners and a percentage of market share.

Obviously, as we get a number of testing pilots

and as mentioned earlier, 60% of the volume goes through the top VARs and they’re all in process of testing. There is the company

is consolidating a bottoms up forecast based off actual pilots and the probability of those turning into sales and the specific timing

of those sales. And that initial analysis, which is involved improving in real time. The company is still very comfortable from that bottoms

up, you know, per VAR, per end-user analysis of the original estimates with, as mentioned, you know, some exciting potential opportunities.

Dr. Jose:

Another way to see that is like what. give it

or take. What is the number of units that the company need to sell to meet the numbers of the illustrative case. That is the other way

around. In that case, I don’t know if you want to.

Dan Nash:

it’s, based off the numbers we gave. There’s

an implied number of units for 2027, for example, between 2,000 and 2,500.

A very small percentage of the whole universe

out there. It gives you an idea of what the company needs to achieve in terms of commercial goals for this illustrative case. The other

is I would reference what Jim said earlier is those concepts, the amount of conversations has really accelerated now that the

new fiscal year has started. That’s when the new projects begin. That’s when they’re going to have to allocate time

and resources for pilots. This next 6 months.

Analyst:

My question is really it’s an extension

of John’s. It’s really more Tarika and Dave, and it’s. It’s really about the slides that you showed that had all

the potential archives that were trying to convert to engage with us. And the question is this. Who are the most likely conversions that

we should expect to see? In the coming 2 to 4 quarters, based on the conversation and outreach you’re having now. And how soon from

getting them to sign to getting them to be productive in revenue meaning levels.

Dr. Jose:

I think that is a very is a very good

questions. And what I will say is that the pressure comes from the customers. And the customers we have different two major trends on

the customer. We have the ones that need to meet regulation and we have the ones that are looking for security itself. What we have

seen as an inbound is, for example, on the financial sector. And the financial sector triggers a certain kind of value-added resellers,

and it triggers also certain kind of system integrators that have a footprint in that specific industry. So that what I will say that

is becoming a priority. And also, as we will disclose as well, critical infrastructure. The interesting part of this is that within the

Growth Office, we are able to sense the market internationally. The US has very particular trends that that that places like the UK

and Europe in general, the priorities seems to be driven by different fundamental factors.

So if in the US. We’re talking about national

security, defense and intelligence, in other parts, we might be talking about financial sector and in other parts of the world, we might

be talking about critical infrastructure. It depends because the drivers are different.

Maybe ask more specifically. And Jim, maybe you

need to close your chat. About Dell and. Some of the other big server makers so that we’ve got greater coverage across global 2000.

Jim Mackie:

I can give an honest perspective, even with Dell

right now, right? So I had an advantage, I felt. over this market. But my enthusiasm and excitement is not translating

yet in the customer space, right? Because it’s an education process. I can tell you in the West. 45 days, I’ve seen bids from

that go on my desk and they’re typically. Dell, you know, because I it’s like a Dell or equivalent, because, you know, I compete

against them quite often. But I, you know. They’re actually putting in verbiage around PQC. that I’ve never seen right?

So that to me is encouraging. That means a the customers are doing research and going, Okay, we need to do this right? We need to put

this in our new requirements for our next bids, but also, it might be our partners that are actually there’s a Q&A session that

happens. A lot of them are going, Hey, well, what about PQC? Are you doing anything? And now, and they’re starting to generate that,

you know, that demand as well for the requirements.

Tome, that was extremely encouraging when I saw that they’re

actually putting that in the requirement.

Rika:

I was just going to chime in. Thank you for

the question. I think we can’t give specifics right now on the targets where the conversations are at the moment. It’s confidential

information at this point, but as we as we did with HPE.

as they materialize, you will hear soon enough,

I think, on those things. I will say this, that one of the key large players that we’ve been working with did say when I first reached

out to you guys in August.

PQC was sort of this thing that was over here,

and we spoke when I spoke to this person, I would say, beginning end of September, just within a few weeks, there was an anxiousness in

their voice.

Say, this was something that was over here.

Now it’s right in my line of sight of something that I need to address.

And it’s not just them, but even at the

conference that John and Matt were both at Q Plus AI over the past couple of days, I spoke in the ICT area, which has historically been

the more busy area. But when I went on stage and I was like, oh, this is.

Good group of people, because John and Matt were

in the audience, of course, and I heard that the over… there was an overflow or like it was very, very busy up in the PQC, which

was on the third floor.

I think that and you’ve heard from the

other speakers is that I think there’s this this greater sense of urgency that’s been accelerating. And so we could have taken

a gander at the timelines of this 2 months ago, and we would be off the mark addressing it now. So we shall see. But we are. We’ve

been making great progress with the ecosystem strategy around this. That’s what I will say.

Dr. Jose:

Great. Thank you. Any other question? Yes, please.

Analyst: Could you touch on the current

revenue opportunity? And then what upside you think you could have. It’s not trading and pricing. It’s how you feel about,

I think the assumption was a 90% right.

Thank you.

Dr. Jose:

I mean, you know, the 6,000 and then maybe I don’t know if you

want to.

Dan Nash:

Yeah, I think that’s a customer specific

question. I do think the expectation is a pretty high attachment rate. Once you land hardware on any type of deployment. And I think there’s

actually 2 ways to think about that, too, because a number of these deployments, especially within the government services, there’s

multiple locations, and if there’s a land and expand.

The first deployment. I’ll give a generic

example might be a 5 million dollar build out, but there might be 8 sites that we’re having discussions concurrently. So winning

that initial deployment is powerful. I think the expectation is the software licensing that will follow for at least the next 5 years.

It’s going to have a very large attachment rate. I don’t know if you have a specific there

Dr. Jose:

is a especially kind of like, you know, on the

federal, like, switching OEM brands is not something that you can do very easily because of the. the support and the relationships and

the like. So the fact that we are an embedded component, and we are agnostic to the OEM, and we are in ongoing conversations with different

OEMs, actually provide us a way to be a very sticky a solution in that sense. One of the facts that that we took into consideration on

the illustrative percentages is what is the average that we observe in similar cybersecurity solutions that are deploying this platform.

It was basically a benchmark of a comparable in the potential renewal

cycle.

Are there any other questions?

Analyst:

Yes. Just a few.

Why isn’t integrating with firewall providers part of the roadmap

here?

Dr. Jose:

The way that we see ourselves is actually be

able to provide in the whole ecosystem of the compute infrastructure and alternative solution that is quantum resistant as long as it’s

an OEM. In that sense, networking is part of our target, the same as storage.

The fact that we started just with the compute

is just because it was the low-hanging fruit in that sense. But for sure, we are working already with networking OEM providers and also

with the storage providers, and actually within HPE itself.

We are working to try to expand into that vertical.

The end goal is to have a quantum resistant full stack. And for that you we either integrate with other providers, or we ingrain ourselves

as an embedded component in the other parts of the value chain.

Jim Mackie:

I’ve already been in conversations with

my Juniper counterparts, so I don’t know if you’re familiar with the Juniper acquisition with so I’ve been working closer

with them, and they’ve asked for, you know, the PQC solution. They’re getting there.

We want to protect all parts

of the data center, right? And that’s so you’re going to see that very natural transition into areas outside of just

traditional compute. Like they said, edge networking.

Analyst:

I think Dan, you had said that…he

had made some sort of inference to federal agencies are progressing slower than expected. Did I hear that correctly? And that’s

with respect to calendar 26?

Dan Nash:

It's with respect to calendar 2026 and the progression

in the early quarters of 2027. I guess the big takeaway there was the progress and the momentum.

We’d anticipated, but the timeline from

testing to purchase. It’s top of mind in that GAO report highlighted that 23 of 24 agencies have not begun testing . And then you

saw the Department of War the next day put out something saying the importance of what’s going on, and that we need to accelerate.

It’s generally favorable. But I think

the biggest question is the timing, not the amount of share, and if anything to the point on the competitive landscape that Jose we spoke

to, we’re not seeing a lot, not to say, no competition, but well situated for our product offer.

Martin Zinny:

And part of that is also driven by they have to

inventory everything that they have. And so that process is just taking a little longer than they expected.

Dr. Jose:

Just so we have qualified on this report. This

report actually was open to the public in October. But this is the accountability, Government Accountability Office report. And it’s

in regards of an audit. The audit was as of September 2025. Basically, the report is saying that as of September 2025, these 24

agencies have not completed the task that they supposed to. But this is, even though the report is 2026, it’s about the previous

year. So that is the qualifier. But nevertheless is it was a clear indication that actually it would require a huge ramp up. And this

is what we are seeing now in the market. What we are seeing now is a run, but chasing the January 2027 mandate.

Analyst:

And then I think the board of directors slide

looked like there was majority the minority of independent directors. Is that correct?

Dr. Jesse:

Majority independent.

Dr. Jose:

Yes. And any other questions? Good. All right. So thank you. Thank

you.

Dr. Jesse:

Thanks, everybody.

Before you leave, let me thank everybody.

Thank you very much for attending. We are very honored that you took the time and the attention. Questions were really pointed and on

the right direction. We are very, very, very happy with that. We’re grateful. Thank you. I appreciate it.

As I mentioned in the beginning, there are some

appetizers and snacks you want to stick around, and there’s a tech demo on site. Thank you very much. Thank you.

GRAPHIC

Filename: ea030980001_ex99-1img1.jpg · Sequence: 4

Binary file (280134 bytes)

Download ea030980001_ex99-1img1.jpg

GRAPHIC

Filename: ea030980001_ex99-1img2.jpg · Sequence: 5

Binary file (1090590 bytes)

Download ea030980001_ex99-1img2.jpg

GRAPHIC

Filename: ea030980001_ex99-1img3.jpg · Sequence: 6

Binary file (1337850 bytes)

Download ea030980001_ex99-1img3.jpg

GRAPHIC

Filename: ea030980001_ex99-1img4.jpg · Sequence: 7

Binary file (166807 bytes)

Download ea030980001_ex99-1img4.jpg

GRAPHIC

Filename: ea030980001_ex99-1img5.jpg · Sequence: 8

Binary file (407790 bytes)

Download ea030980001_ex99-1img5.jpg

GRAPHIC

Filename: ea030980001_ex99-1img6.jpg · Sequence: 9

Binary file (393626 bytes)

Download ea030980001_ex99-1img6.jpg

GRAPHIC

Filename: ea030980001_ex99-1img7.jpg · Sequence: 10

Binary file (687679 bytes)

Download ea030980001_ex99-1img7.jpg

GRAPHIC

Filename: ea030980001_ex99-1img8.jpg · Sequence: 11

Binary file (543744 bytes)

Download ea030980001_ex99-1img8.jpg

GRAPHIC

Filename: ea030980001_ex99-1img9.jpg · Sequence: 12

Binary file (158940 bytes)

Download ea030980001_ex99-1img9.jpg

GRAPHIC

Filename: ea030980001_ex99-1img10.jpg · Sequence: 13

Binary file (489600 bytes)

Download ea030980001_ex99-1img10.jpg

GRAPHIC

Filename: ea030980001_ex99-1img11.jpg · Sequence: 14

Binary file (558723 bytes)

Download ea030980001_ex99-1img11.jpg

GRAPHIC

Filename: ea030980001_ex99-1img12.jpg · Sequence: 15

Binary file (192971 bytes)

Download ea030980001_ex99-1img12.jpg

GRAPHIC

Filename: ea030980001_ex99-1img13.jpg · Sequence: 16

Binary file (455318 bytes)

Download ea030980001_ex99-1img13.jpg

GRAPHIC

Filename: ea030980001_ex99-1img14.jpg · Sequence: 17

Binary file (295099 bytes)

Download ea030980001_ex99-1img14.jpg

GRAPHIC

Filename: ea030980001_ex99-1img15.jpg · Sequence: 18

Binary file (356239 bytes)

Download ea030980001_ex99-1img15.jpg

GRAPHIC

Filename: ea030980001_ex99-1img16.jpg · Sequence: 19

Binary file (497831 bytes)

Download ea030980001_ex99-1img16.jpg

GRAPHIC

Filename: ea030980001_ex99-1img17.jpg · Sequence: 20

Binary file (548129 bytes)

Download ea030980001_ex99-1img17.jpg

GRAPHIC

Filename: ea030980001_ex99-1img18.jpg · Sequence: 21

Binary file (703589 bytes)

Download ea030980001_ex99-1img18.jpg

GRAPHIC

Filename: ea030980001_ex99-1img19.jpg · Sequence: 22

Binary file (370653 bytes)

Download ea030980001_ex99-1img19.jpg

GRAPHIC

Filename: ea030980001_ex99-1img20.jpg · Sequence: 23

Binary file (513602 bytes)

Download ea030980001_ex99-1img20.jpg

GRAPHIC

Filename: ea030980001_ex99-1img21.jpg · Sequence: 24

Binary file (401836 bytes)

Download ea030980001_ex99-1img21.jpg

GRAPHIC

Filename: ea030980001_ex99-1img22.jpg · Sequence: 25

Binary file (480521 bytes)

Download ea030980001_ex99-1img22.jpg

GRAPHIC

Filename: ea030980001_ex99-1img23.jpg · Sequence: 26

Binary file (417165 bytes)

Download ea030980001_ex99-1img23.jpg

GRAPHIC

Filename: ea030980001_ex99-1img24.jpg · Sequence: 27

Binary file (523316 bytes)

Download ea030980001_ex99-1img24.jpg

GRAPHIC

Filename: ea030980001_ex99-1img25.jpg · Sequence: 28

Binary file (481866 bytes)

Download ea030980001_ex99-1img25.jpg

GRAPHIC

Filename: ea030980001_ex99-1img26.jpg · Sequence: 29

Binary file (240252 bytes)

Download ea030980001_ex99-1img26.jpg

GRAPHIC

Filename: ea030980001_ex99-1img27.jpg · Sequence: 30

Binary file (617560 bytes)

Download ea030980001_ex99-1img27.jpg

GRAPHIC

Filename: ea030980001_ex99-1img28.jpg · Sequence: 31

Binary file (151648 bytes)

Download ea030980001_ex99-1img28.jpg

GRAPHIC

Filename: ea030980001_ex99-1img29.jpg · Sequence: 32

Binary file (431712 bytes)

Download ea030980001_ex99-1img29.jpg

GRAPHIC

Filename: ea030980001_ex99-1img30.jpg · Sequence: 33

Binary file (393581 bytes)

Download ea030980001_ex99-1img30.jpg

GRAPHIC

Filename: ea030980001_ex99-1img31.jpg · Sequence: 34

Binary file (403519 bytes)

Download ea030980001_ex99-1img31.jpg

GRAPHIC

Filename: ea030980001_ex99-1img32.jpg · Sequence: 35

Binary file (520277 bytes)

Download ea030980001_ex99-1img32.jpg

GRAPHIC

Filename: ea030980001_ex99-1img33.jpg · Sequence: 36

Binary file (521396 bytes)

Download ea030980001_ex99-1img33.jpg

GRAPHIC

Filename: ea030980001_ex99-1img34.jpg · Sequence: 37

Binary file (128707 bytes)

Download ea030980001_ex99-1img34.jpg

GRAPHIC

Filename: ea030980001_ex99-1img35.jpg · Sequence: 38

Binary file (100511 bytes)

Download ea030980001_ex99-1img35.jpg

GRAPHIC

Filename: ea030980001_ex99-1img36.jpg · Sequence: 39

Binary file (164293 bytes)

Download ea030980001_ex99-1img36.jpg

GRAPHIC

Filename: ea030980001_ex99-1img37.jpg · Sequence: 40

Binary file (475496 bytes)

Download ea030980001_ex99-1img37.jpg

GRAPHIC

Filename: ea030980001_ex99-1img38.jpg · Sequence: 41

Binary file (413581 bytes)

Download ea030980001_ex99-1img38.jpg

GRAPHIC

Filename: ea030980001_ex99-1img39.jpg · Sequence: 42

Binary file (512341 bytes)

Download ea030980001_ex99-1img39.jpg

GRAPHIC

Filename: ea030980001_ex99-1img40.jpg · Sequence: 43

Binary file (424792 bytes)

Download ea030980001_ex99-1img40.jpg

GRAPHIC

Filename: ea030980001_ex99-1img41.jpg · Sequence: 44

Binary file (665159 bytes)

Download ea030980001_ex99-1img41.jpg

GRAPHIC

Filename: ea030980001_ex99-1img42.jpg · Sequence: 45

Binary file (355145 bytes)

Download ea030980001_ex99-1img42.jpg

GRAPHIC

Filename: ea030980001_ex99-1img43.jpg · Sequence: 46

Binary file (433381 bytes)

Download ea030980001_ex99-1img43.jpg

GRAPHIC

Filename: ea030980001_ex99-1img44.jpg · Sequence: 47

Binary file (410099 bytes)

Download ea030980001_ex99-1img44.jpg

GRAPHIC

Filename: ea030980001_ex99-1img45.jpg · Sequence: 48

Binary file (513562 bytes)

Download ea030980001_ex99-1img45.jpg

GRAPHIC

Filename: ea030980001_ex99-1img46.jpg · Sequence: 49

Binary file (479328 bytes)

Download ea030980001_ex99-1img46.jpg

GRAPHIC

Filename: ea030980001_ex99-1img47.jpg · Sequence: 50

Binary file (453536 bytes)

Download ea030980001_ex99-1img47.jpg

GRAPHIC

Filename: ea030980001_ex99-1img48.jpg · Sequence: 51

Binary file (507794 bytes)

Download ea030980001_ex99-1img48.jpg

GRAPHIC

Filename: ea030980001_ex99-1img49.jpg · Sequence: 52

Binary file (383287 bytes)

Download ea030980001_ex99-1img49.jpg

GRAPHIC

Filename: ea030980001_ex99-1img50.jpg · Sequence: 53

Binary file (410775 bytes)

Download ea030980001_ex99-1img50.jpg

GRAPHIC

Filename: ea030980001_ex99-1img51.jpg · Sequence: 54

Binary file (405442 bytes)

Download ea030980001_ex99-1img51.jpg

GRAPHIC

Filename: ea030980001_ex99-1img52.jpg · Sequence: 55

Binary file (566679 bytes)

Download ea030980001_ex99-1img52.jpg

GRAPHIC

Filename: ea030980001_ex99-1img53.jpg · Sequence: 56

Binary file (183730 bytes)

Download ea030980001_ex99-1img53.jpg

GRAPHIC

Filename: ea030980001_ex99-1img54.jpg · Sequence: 57

Binary file (410328 bytes)

Download ea030980001_ex99-1img54.jpg

GRAPHIC

Filename: ea030980001_ex99-1img55.jpg · Sequence: 58

Binary file (289879 bytes)

Download ea030980001_ex99-1img55.jpg

GRAPHIC

Filename: ea030980001_ex99-1img56.jpg · Sequence: 59

Binary file (336778 bytes)

Download ea030980001_ex99-1img56.jpg

GRAPHIC

Filename: ea030980001_ex99-1img57.jpg · Sequence: 60

Binary file (379478 bytes)

Download ea030980001_ex99-1img57.jpg

GRAPHIC

Filename: ea030980001_ex99-1img58.jpg · Sequence: 61

Binary file (228642 bytes)

Download ea030980001_ex99-1img58.jpg

GRAPHIC

Filename: ea030980001_ex99-1img59.jpg · Sequence: 62

Binary file (547814 bytes)

Download ea030980001_ex99-1img59.jpg

GRAPHIC

Filename: ea030980001_ex99-1img60.jpg · Sequence: 63

Binary file (760192 bytes)

Download ea030980001_ex99-1img60.jpg

GRAPHIC

Filename: ea030980001_ex99-1img61.jpg · Sequence: 64

Binary file (502347 bytes)

Download ea030980001_ex99-1img61.jpg

GRAPHIC

Filename: ea030980001_ex99-1img62.jpg · Sequence: 65

Binary file (509495 bytes)

Download ea030980001_ex99-1img62.jpg

GRAPHIC

Filename: ea030980001_ex99-1img63.jpg · Sequence: 66

Binary file (544000 bytes)

Download ea030980001_ex99-1img63.jpg

GRAPHIC

Filename: ea030980001_ex99-1img64.jpg · Sequence: 67

Binary file (447310 bytes)

Download ea030980001_ex99-1img64.jpg

GRAPHIC

Filename: ea030980001_ex99-1img65.jpg · Sequence: 68

Binary file (143734 bytes)

Download ea030980001_ex99-1img65.jpg

GRAPHIC

Filename: ea030980001_ex99-1img66.jpg · Sequence: 69

Binary file (187204 bytes)

Download ea030980001_ex99-1img66.jpg

GRAPHIC

Filename: ea030980001_ex99-1img67.jpg · Sequence: 70

Binary file (535186 bytes)

Download ea030980001_ex99-1img67.jpg

GRAPHIC

Filename: ea030980001_ex99-1img68.jpg · Sequence: 71

Binary file (461739 bytes)

Download ea030980001_ex99-1img68.jpg

GRAPHIC

Filename: ea030980001_ex99-1img69.jpg · Sequence: 72

Binary file (240560 bytes)

Download ea030980001_ex99-1img69.jpg

GRAPHIC

Filename: ea030980001_ex99-1img70.jpg · Sequence: 73

Binary file (189666 bytes)

Download ea030980001_ex99-1img70.jpg

GRAPHIC

Filename: ea030980001_ex99-1img71.jpg · Sequence: 74

Binary file (464738 bytes)

Download ea030980001_ex99-1img71.jpg

GRAPHIC

Filename: ea030980001_ex99-1img72.jpg · Sequence: 75

Binary file (137860 bytes)

Download ea030980001_ex99-1img72.jpg

GRAPHIC

Filename: ea030980001_ex99-1img73.jpg · Sequence: 76

Binary file (393658 bytes)

Download ea030980001_ex99-1img73.jpg

GRAPHIC

Filename: ea030980001_ex99-1img74.jpg · Sequence: 77

Binary file (331915 bytes)

Download ea030980001_ex99-1img74.jpg

GRAPHIC

Filename: ea030980001_ex99-1img75.jpg · Sequence: 78

Binary file (457671 bytes)

Download ea030980001_ex99-1img75.jpg

GRAPHIC

Filename: ea030980001_ex99-1img76.jpg · Sequence: 79

Binary file (114276 bytes)

Download ea030980001_ex99-1img76.jpg

GRAPHIC

Filename: ea030980001_ex99-1img77.jpg · Sequence: 80

Binary file (401811 bytes)

Download ea030980001_ex99-1img77.jpg

GRAPHIC

Filename: ea030980001_ex99-1img78.jpg · Sequence: 81

Binary file (482928 bytes)

Download ea030980001_ex99-1img78.jpg

GRAPHIC

Filename: ea030980001_ex99-1img79.jpg · Sequence: 82

Binary file (137562 bytes)

Download ea030980001_ex99-1img79.jpg

GRAPHIC

Filename: ea030980001_ex99-1img80.jpg · Sequence: 83

Binary file (340571 bytes)

Download ea030980001_ex99-1img80.jpg

GRAPHIC

Filename: ea030980001_ex99-1img81.jpg · Sequence: 84

Binary file (368569 bytes)

Download ea030980001_ex99-1img81.jpg

GRAPHIC

Filename: ea030980001_ex99-1img82.jpg · Sequence: 85

Binary file (533853 bytes)

Download ea030980001_ex99-1img82.jpg

GRAPHIC

Filename: ea030980001_ex99-1img83.jpg · Sequence: 86

Binary file (382745 bytes)

Download ea030980001_ex99-1img83.jpg

GRAPHIC

Filename: ea030980001_ex99-1img84.jpg · Sequence: 87

Binary file (518843 bytes)

Download ea030980001_ex99-1img84.jpg

GRAPHIC

Filename: ea030980001_ex99-1img85.jpg · Sequence: 88

Binary file (317307 bytes)

Download ea030980001_ex99-1img85.jpg

GRAPHIC

Filename: ea030980001_ex99-1img86.jpg · Sequence: 89

Binary file (296029 bytes)

Download ea030980001_ex99-1img86.jpg

GRAPHIC

Filename: ea030980001_ex99-1img87.jpg · Sequence: 90

Binary file (374392 bytes)

Download ea030980001_ex99-1img87.jpg

GRAPHIC

Filename: ea030980001_ex99-1img88.jpg · Sequence: 91

Binary file (147201 bytes)

Download ea030980001_ex99-1img88.jpg

GRAPHIC

Filename: ea030980001_ex99-1img89.jpg · Sequence: 92

Binary file (545901 bytes)

Download ea030980001_ex99-1img89.jpg

GRAPHIC

Filename: ea030980001_ex99-1img90.jpg · Sequence: 93

Binary file (153682 bytes)

Download ea030980001_ex99-1img90.jpg

GRAPHIC

Filename: ea030980001_ex99-1img91.jpg · Sequence: 94

Binary file (1025335 bytes)

Download ea030980001_ex99-1img91.jpg

GRAPHIC

Filename: ea030980001_ex99-1img92.jpg · Sequence: 95

Binary file (871020 bytes)

Download ea030980001_ex99-1img92.jpg

GRAPHIC

Filename: ea030980001_ex99-1img93.jpg · Sequence: 96

Binary file (872345 bytes)

Download ea030980001_ex99-1img93.jpg

GRAPHIC

Filename: ea030980001_ex99-1img94.jpg · Sequence: 97

Binary file (107791 bytes)

Download ea030980001_ex99-1img94.jpg

GRAPHIC

Filename: ea030980001_ex99-1img95.jpg · Sequence: 98

Binary file (662012 bytes)

Download ea030980001_ex99-1img95.jpg

GRAPHIC

Filename: ea030980001_ex99-1img96.jpg · Sequence: 99

Binary file (445567 bytes)

Download ea030980001_ex99-1img96.jpg

GRAPHIC

Filename: ea030980001_ex99-1img97.jpg · Sequence: 100

Binary file (125068 bytes)

Download ea030980001_ex99-1img97.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 106

v3.26.3

Cover

Oct. 27, 2026

Document Type

8-K

Amendment Flag

false

Document Period End Date

Oct. 27, 2026

Entity File Number

001-43030

Entity Registrant Name

Silicon Valley Acquisition Corp.

Entity Central Index Key

0002085659

Entity Tax Identification Number

00-0000000

Entity Incorporation, State or Country Code

Entity Address, Address Line One

425 Page Mill Rd.

Entity Address, Address Line Two

Suite 200

Entity Address, Address Line Three

2nd Floor

Entity Address, City or Town

Palo Alto

Entity Address, State or Province

Entity Address, Postal Zip Code

94306

City Area Code

650

Local Phone Number

206-8315

Written Communications

true

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Entity Emerging Growth Company

true

Elected Not To Use the Extended Transition Period

false

Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant

Title of 12(b) Security

Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant

Trading Symbol

SVAQU

Security Exchange Name

NASDAQ

Class A ordinary shares, par value $0.0001 per share

Title of 12(b) Security

Class A ordinary shares, par value $0.0001 per share

Trading Symbol

SVAQ

Security Exchange Name

NASDAQ

Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50

Title of 12(b) Security

Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50

Trading Symbol

SVAQW

Security Exchange Name

NASDAQ

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 3 such as an Office Park

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine3

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 7A

-Section B

-Subsection 2

+ Details

Name:

dei_EntityExTransitionPeriod

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Details

Name:

us-gaap_StatementClassOfStockAxis=SVAQW_UnitsEachConsistingOfOneClassOrdinaryShareAndOnehalfOfOneRedeemableWarrantMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=SVAQW_ClassOrdinarySharesParValue0.0001PerShareMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=SVAQW_WarrantsEachWholeWarrantExercisableForOneClassOrdinaryShareAtExercisePriceOf11.50Member

Namespace Prefix:

Data Type:

Balance Type:

Period Type: