BlackBerry — Download the Presentation (company IR deck)

BlackBerry (BB) · 0 slides · Filed Oct 29, 2026

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Slide 1 — 2025 AGM

Slide 2 — Safe Harbor Statement

© 2025 BlackBerry. All Rights Reserved 2 Safe Harbor Statement Some of the statements in this presentation constitute forward-looking statements and are made pursuant to the safe harbor provisions of applicable U.S. and Canadian securities laws. Forward-looking statements are indicated by using words such as expect, will, should, model, intend, believe and similar expressions. Forward-looking statements are based on estimates and assumptions made by the company in light of its experience and its perception of historical trends, current conditions and expected future developments as well as other factors that the company believes are relevant. Many factors could cause the company's actual results or performance to differ materially from those expressed or implied by the forward- looking statements, including the risk factors that are discussed in the company's annual report on Form 10-K and in our MD&A. You should not place undue reliance on the company's forward-looking statements. Any forward-looking statements are made only as of today and the company has no intention and undertakes no obligation to update or revise any of them, except as required by law. This presentation includes certain non-GAAP measures. We believe that these non-GAAP measures, which may be defined differently by other companies, explain our results of operations in a manner that allows for a more complete understanding of the underlying trends in our business. However, these measures should not be viewed as a substitute for those determined in accordance with GAAP. For a reconciliation between the non-GAAP numbers, please see our annual report on Form 10-K, which is available on the EDGAR and SEDAR and BlackBerry.com websites.

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Slide 3 — John Giamatteo

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Slide 4 — 2025 In Review

© 2025 BlackBerry. All Rights Reserved 4 1 Strengthened Portfolio 5 Strategic Capital Allocation 2 Fundamental Business Strength 3 Sustainable Margin Expansion 4 Enhanced Cashflow Profile FY 2025 Accomplishments Separation of the company into 2 virtually-autonomous divisions Strategic decision to divest Cylance with increased focus on QNX and Secure Communications Significant cost reductions to lead transformation back to profitability Improved cashflow profile to enable a pivot of capital allocation focus Notable Progress in Forging a New Future to Create Shareholder Value Strategic Priorities for FY 2026 and Beyond Approved NCIB Share Buyback Program for up to 27.9M shares Execute on path towards “Rule of 40” for QNX division Strengthen Secure Communications portfolio to be a reliable source of EBITDA 2025 In Review

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Slide 5 — © 2025 BlackBerry. All Rights Reserved

© 2025 BlackBerry. All Rights Reserved 5 1 Strengthened Portfolio with Relaunch of QNX Brand and Focus on Secure Communications Clear Automotive Leader: 255M+ vehicles Defensive Moat: Combines leading performance with leading functional safety Strong multi-year secular tailwinds Highly secure encrypted voice and data solution trusted by NATO and governments around the world Highly secure, leading UEM solution. Preferred choice for on-premise deployment #1 Critical Event Management solution in US Federal Govt Following Sale of Cylance, Increased Focus on Secure Communications with Improved Financial Profile Relaunched QNX Brand to Reinforce Leadership in Automotive and General Embedded Industries

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Slide 6 — Improving & Stabilizing Business Fundamentals

© 2025 BlackBerry. All Rights Reserved 6 $460 $640 $815 $865 Q4 FY22 Q4 FY23 Q4 FY24 Q4 FY25 Improving & Stabilizing Business Fundamentals 2 Secure Communications ARR and DBNRR US$ millions / % QNX Royalty Backlog, Annual Recurring Revenue (ARR), and Dollar-based Net Retention Rate (DBNRR) are key metrics that do not have standardized meanings and are unlikely to be comparable to similarly titled measures reported by other companies. See form 10-K for definitions. QNX Royalty Backlog US$ millions ~23% CAGR Backlog at ~3.7x FY25 Revenue $199 $198 $199 $202 $211 $209 $215 $208 89% 91% 91% 91% 93% 93% 95% 93% Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4FY25 Secure Communications ARR Secure Communications DBNRR

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Slide 7 — Proven and Consistent QNX Revenue Growth

© 2025 BlackBerry. All Rights Reserved 7 $178 $206 $215 $236 FY22 FY23 FY24 FY25 Proven and Consistent QNX Revenue Growth US$ millions Track Record of Double-digit Revenue Growth Continuing to benefit from a highly defensible competitive moat built on decades of experience 10% CAGR 10/10 Top Automakers 7/7 Top T1 OEMs 24/25 Top EV Makers 255M Cars on the Road Leveraging dominant market position to win outsized share of future market growth 9/10 Top Medical device companies Americas 50% Select QNX SDP 8 silicon commitments Example Automotive Wins Example GEM Wins On the Path to a Rule of 40 Division 2

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Slide 8 — $52M

© 2025 BlackBerry. All Rights Reserved 8 Cash generator for higher-growth parts of business Secure Communications Adj. EBITDA Organic investments primarily in QNX Potential Share buy-backs Opportunistic M&A to accelerate QNX growth and adjacent expansion $52M 19% Adj. EBITDA Margin Stable Cash Generation Used to Fuel 2 FY25 | US$ millions

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Slide 9 — Created a More Resilient Earnings Profile

© 2025 BlackBerry. All Rights Reserved 9 Change FY25 FY231 800 bps improvement 26% 34% Adj. COGS 900 bps improvement 19% 28% Adj. R&D 800 bps improvement 17% 25% Adj. S&M 300 bps improvement 23% 26% Adj. G&A 2,700 bps improvement 13% -14% Adj. Op Inc. QNX has significant growth opportunities as a clear market leader with multi-year secular tailwinds and deep competitive moat and generates meaningful positive Adj. EBITDA Secure Communications is a stable, government-focused business generating positive Adj. EBITDA Managing costs to drive profitability • Optimizing cloud usage • Rationalization efforts across R&D laboratories • Consolidation of global facilities • Streamlining of corporate infrastructure Adjusted EBITDA improved $54M year-over-year to $39M in FY251 1 Includes Cylance (discontinued operations) Created a More Resilient Earnings Profile 3

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Slide 10 — Significant Transformation in Cashflow Profile

© 2025 BlackBerry. All Rights Reserved 10 • $410M in Cash and Investments at Q4 FY25 • No debt maturities until 2029 • ~$40M additional cash from Cylance sale Q4 FY26 Enhanced Cashflow Profile Strengthened Balance Sheet Operating Cashflow Significant Transformation in Cashflow Profile $365 $200 $200 $61 $37 $138 FY23 FY24 FY25 Gross Debt Net Cash Reduced Gross Debt / Increased Net Cash US$ millions • Q3 FY25 saw positive operating cash flow for first time in 3 years -$4 $17 -$262 US$ millions FY25 FY24 FY23 • Significant cost reductions to lead transformation back to profitability • Improved cashflow profile to enable a pivot of capital allocation focus 4

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Slide 11 — Driving Shareholder Returns by Prudently Allocating Capital

© 2025 BlackBerry. All Rights Reserved 11 Leverage 3 profitable divisions …to accelerate value creation All 3 engines contributing positive Adj. EBITDA IoT division, as reported in Q3 FY25 earnings and Form 10-Q, rebranded as QNX division Adjusted EBITDA is a non-GAAP financial measure and does not have standardized meanings prescribed by GAAP and thus are not comparable to similarly titled measures presented by other issuers FY25 Adj. EBITDA and Adj. EBITDA Margin US$ millions Adj. EBITDA Adj. EBITDA Margin $59 $52 $16 QNX Secure Comms Licensing 25% 19% 60% Driving Shareholder Returns by Prudently Allocating Capital 5 Share buy-back Approved Share buy-back program May 2025 Near-Term Priorities Leverage strength of BlackBerry’s great people, great brand and great financial foundation Prioritize organic investments to harness secular tailwinds in growth areas of the business, primarily QNX Medium-Term Priorities Opportunistic tuck-in M&A to accelerate QNX growth and adjacent market expansion

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Slide 12 — Looking Forward to FY2026 and Beyond

© 2025 BlackBerry. All Rights Reserved 12 Looking Forward to FY2026 and Beyond Strengthen Secure Communications portfolio to be a reliable source of EBITDA: Streamlined GTM Enhanced Government Critical Infrastructure Targeted Product Roadmap Approved Share buy-back program Managing cashflow and profitability Streamlining corporate costs Execute on path towards “Rule of 40” for QNX division: Strengthened GEM Go-to-Market Leverage New Product Investments: SDP 8.0, Cabin, Platform, Sound

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Slide 13 — Thank You

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