Announcement • 8h
Water Ways Technologies Inc. Appoints Ms. Mor Boaz to Its Board of Directors, Effective June 12, 2026 Water Ways Technologies Inc. announced the appointment of Ms. Mor Boaz to its board of directors, effective June 12, 2026. Ms. Boaz's appointment remains subject to the acceptance of the TSX Venture Exchange. Ms. Boaz has been Chief Operating Officer at Exiteam Capital Partners Ltd., an Israeli venture capital and advisory firm, since 2020. In her role, she is responsible for day-to-day financial management, human resources, payroll, investor relations, and CRM systems management. Prior to that, Ms. Boaz managed research and development laboratories at the Technion - Israel Institute of Technology from 2016 to 2020. Ms. Boaz holds a Ph.D. in Nanoscience and Nanotechnology from the Technion (2010-2016). Following the appointment of Ms. Boaz to the Board, the Board is comprised of Mr. Ohad Haber, Mr. Yehuda Doron and Ms. Mor Boaz. The Company's Audit Committee consists of Mr. Doron (Chair), Mr. Haber and Ms. Boaz. New Risk • May 05
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$43k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$43k free cash flow). Shares are highly illiquid. Negative equity (-US$5.6m). Earnings have declined by 7.3% per year over the past 5 years. Revenue is less than US$1m (US$345k revenue). Market cap is less than US$10m (CA$520.7k market cap, or US$382.1k). Reported Earnings • May 05
Full year 2025 earnings released: US$0.017 loss per share (vs US$0.25 loss in FY 2024) Full year 2025 results: US$0.017 loss per share (improved from US$0.25 loss in FY 2024). Revenue: US$345.0k (down 90% from FY 2024). Net loss: US$259.0k (loss narrowed 93% from FY 2024).