To Our Esteemed Clients and Valued Employees,

As the year draws to a close and the eggnog is poured, I wanted to pause our relentless march toward the next software transmission to send a heartfelt holiday message.

Fairfax Software is now well into its 32nd year in business. For all these years, our employees have been steadfast dedicated to the mission of our clients. We have kept up with the fast-moving pace of information technology, continuously innovating in the world of intelligent document understanding and payment processing. To put that in perspective, when we started, fax machines were still the height of technology, and the internet was just a quirky and yet-to-be-understood project. I’m happy to say that we’ve evolved considerably since then.

To our amazing clients: Thank you for your continued trust and partnership. You have continued to challenge us with the most advanced problems that modern technology has thrown at you, to include the fascinating world of Artificial Intelligence. And for this, we are very grateful. We know you have options, and we are genuinely honored that you continue to choose Fairfax Software to handle your mission-critical operations. We view ourselves not just as a vendor, but as an extension of your own team. Your feedback drives our innovation, and your success is the metric by which we measure our own. By platforming your mission-critical solution on our secure cloud, we have proven that we are worthy of your trust.

To our incredible employees: You are the pistons in the engine that keep this entire operation running with your unfettered dedication. I address my sincere thanks to you for your continued effort in the relentless pursuit of success for our clients’ mission. Building and maintaining software that processes billions in transactions and millions of documents every year is no small feat. This year, you did not just meet expectations; you surpassed them. We tackled monumental projects together and navigated through some truly interesting technical challenges. Most commendable in 2025 are your swift adoption of Artificial Intelligence on our platform and your ability to earn our clients’ trust by securely hosting their most mission-critical applications and data on our cloud.

We are heading into 2026 with the same focus: hosting the most reliable, cutting-edge automation solutions in our industry while making maximum use of Artificial Intelligence.

On behalf of all our employees at Fairfax Software, I wish you and your families a wonderful holiday season filled with joy and rest and certainly a prosperous New Year.

Sincerely,

Steve Chahal

President and Chief Executive Officer