Announcement • Apr 10

Off the Hook Yachts Launches Global Broker Expansion Initiative, Introducing Scalable Five-Tier Growth Model

Off The Hook YS Inc. announced the launch of its global broker expansion initiative, with a newly introduced five-tier recruitment and performance structure.At the center of this expansion is a bold vision: to make boat and yacht sales one of the most rewarding, opportunity-rich careers on earth - where professionals can build meaningful income while helping people experience the freedom, joy, and lifestyle that only life on the water can deliver. Since going public in November, Off The Hook Yachts has nearly tripled its sales organization and its available capital resources, positioning the Company for its next phase of growth.With these initiatives, Off The Hook is building what it believes to be a fundamentally new model for buying and selling boats—designed to operate at global scale. A Network Built to Scale: Off The Hook’s five-tier structure is designed to enable brokers to recruit, train, and grow teams within the platform, creating a system where expansion is not limited to centralized hiring. As the network grows, each broker has the ability to introduce additional team members, creating what the Company believes to be a compounding growth dynamic, where the pace of expansion can increase as the platform scales. Unlike traditional brokerage models—where individual brokers operate independently with limited inventory and buyer visibility— Off The Hook’s platform is designed as a connected global marketplace, where brokers collaborate, share opportunities, and transact across a unified system. A Platform Model Distinct from Traditional Dealerships: Unlike traditional marine dealerships, which are typically limited by physical locations, local inventory, and centralized sales teams, Off The Hook’s platform is designed to enable brokers to operate remotely from anywhere in the world.Through the Company’s infrastructure, brokers can: Source and transact on boats across multiple markets,Work from home or satellite locations, Collaborate with other brokers across the network, Participate in transactions beyond their immediate geographic region. This flexibility allows individuals to build careers around their lives – not the other way around – while participating in high-value transactions that can meaningfully impact their financial future. For many, this represents a rare combination: lifestyle freedom, strong earning potential, and the opportunity to help customers create lifelong memories on the water. This distributed model allows the platform to operate continuously across time zones, increasing potential transaction activity and market reach. Off The Hook believes this approach represents a shift from a location-based dealership model to a technology-enabled, globally connected marketplace, designed to support scalable growth as participation increases. The Operating System Behind the Platform: Off The Hook’s proprietary operating system, powered by NextBoat AI, has already been deployed across the Company’s platform and serves as the foundation for its broker network. The Company is now launching the next phase of the system, which includes enhanced tracking of broker performance, multi-tier compensation structures, and network-wide visibility through individual broker portals, expected to go live in the coming week. Off The Hook’s New Operating System is designed to: • Track broker performance and multi-tier compensation structures • Provide data-driven pricing and acquisition insights • Match buyers and sellers across the platform in real time via NextBoat AI • Surface inventory opportunities across the entire network Streamline transaction workflows and execution By combining advanced AI with human relationships, Off The Hook is equipping brokers with the tools to succeed at a higher level – helping them close more deals, serve clients more effectively, and grow their income. A Capital + Broker Flywheel Off The Hook believes its growth is driven by the alignment of two core factors: 1. Access to Capital The ability to deploy capital to acquire and transact on inventory across the platform 2. Active Brokers and Traders A growing network of participants sourcing, buying, and selling boats using Off The Hook’s infrastructure Since becoming a public company, Off The Hook has: Nearly tripled its available capital resources Nearly tripled its broker network As these two forces grow together, Off The Hook believes that it is building a powerful engine for expansion – creating more transactions, more opportunities, and more income for the team all supported by one platform. Redefining a Fragmented Industry The used boat market has historically beenHighly fragmented Limited in data transparency Dependent on individual broker networksLacking standardized pricing benchmarks Off The Hook’s platform is designed to address these challenges by combining technology, shared data, and centralized infrastructure into a single system accessible to brokers around the world. Multiple Revenue Streams Supporting Platform Growth Off The Hook generates revenue across multiple components of each transaction, including: Transaction and resale margins Processing and documentation fees Financing and warranty products Future insurance and ancillary services This diversified model allows the Company to participate across the full transaction lifecycle, while supporting brokers with a comprehensive set of tools and services. Positioned for Long-Term Growth With the expansion of NextBoat AI and the introduction of its five-tier growth model, Off The Hook is building a platform designed for significant scale without the constraints of traditional dealership models. While there can be no assurance of outcomes, the Company believes its model is positioned to support: Continued expansion of its broker network Increased transaction activity across the platform Improved efficiency in sourcing, pricing, and execution.

CEO salary percentage	60.22%
CEO tenure	less than a year
CEO ownership	4.8%
Management average tenure	3.6yrs
Board average tenure	no data

Date	Total Compensation	Salary	Company Earnings
Mar 31 2026	n/a	n/a	-US$6m
Dec 31 2025	US$40k	US$24k	-US$2m

Name	Position	Tenure	Compensation	Ownership
Jason Ruegg	Founder	no data	US$325.35k	55.2% $ 35.6m
Brian John	CEO & Director	less than a year	US$40.23k	4.8% $ 3.1m
Chad Corbin	Chief Financial Officer	no data	US$717.87k	0.14% $ 89.5k
Blake Phillips	Chief Operating Officer	3.6yrs	US$1.28m	no data
Andrew Simmons	Executive VP & Director	no data	US$15.65k	4.95% $ 3.2m
Kyle Ginthner	Chief Marketing Officer	no data	no data	no data

Data	Last Updated (UTC time)
Company Analysis	2026/05/31 20:45
End of Day Share Price	2026/05/29 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

NextBoat Management

Management criteria checks 2/4

Key information

Recent management updates

Off The Hook YS Inc., Annual General Meeting, Jun 24, 2026

Insufficient new directors

Executive VP & Director recently bought US$51k worth of stock

Recent updates

New minor risk - Insider selling

Off The Hook YS Inc., Annual General Meeting, Jun 24, 2026

First quarter 2026 earnings released: US$0.14 loss per share (vs US$0.014 profit in 1Q 2025)

Off the Hook Ys Inc. Increases Earnings Guidance for the Full Year 2026

Off The Hook YS Inc. (NYSEAM:OTH) completed the acquisition of APEX from Ismael Pereira for $6 million.

Off The Hook YS Inc. to Report Q1, 2026 Results on May 14, 2026

Off the Hook Yachts Launches Global Broker Expansion Initiative, Introducing Scalable Five-Tier Growth Model

New major risk - Share price stability

Off The Hook YS Inc. Revises Revenue Guidance for 2026

Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind

Off The Hook YS Inc. to Report Q4, 2025 Results on Mar 30, 2026

Off the Hook Ys Inc. Launches Nextboat Ai Platform

Off The Hook YS Inc. (NYSEAM:OTH) announces an Equity Buyback for $1 million worth of its shares.

Insufficient new directors

Third quarter 2025 earnings released

Off The Hook YS Inc. Provides Earnings Guidance for Full Year 2026

Off The Hook YS Inc. to Report Q3, 2025 Results on Dec 15, 2025

Executive VP & Director recently bought US$51k worth of stock

Off The Hook YS Inc. has completed an IPO in the amount of $15 million.

CEO Compensation Analysis

CEO

Leadership Team

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources