CEO's Invitation to Shareholders

January 26, 2026

Dear Future Shareholders,

I'm Henri-Dunant CHIKURU, Co-founder and CEO of Helios. Today, I invite you to join us in building something unprecedented: a healthcare revolution that starts in Africa and transforms the world.

This isn't just another tech company. This is a mission to save lives, democratize healthcare, and prove that the next generation of health innovation will come from where it's needed most.

Why Africa? Why Now?

While the world looks elsewhere, Africa is experiencing a healthcare and technology revolution that represents the largest untapped market opportunity of our generation.

Africa Healthcare Market

$139.96B

Market size in 2024

$227.09B

Projected by 2030

8.4% CAGR

62% growth over 6 years

Source: Mordor Intelligence - Africa Healthcare Market Report

Africa Digital Health Explosion

$3.8B

Digital health market in 2023

23.4% CAGR

Growing to 2030 - fastest in the world

Source: Grand View Research - Africa Digital Health Market

The Crisis We're Solving

73%

of diabetes cases in Africa are undiagnosed - the highest rate in the world

38%

internet penetration - massive room for growth

28%

mobile internet penetration - but growing rapidly

Sources: International Diabetes Federation, GSMA Mobile Economy

The AI Healthcare Revolution

Artificial Intelligence is transforming healthcare globally, and Africa is positioned to leapfrog traditional healthcare infrastructure.

Global AI in Healthcare

$36.96B

2025

$613.81B

2034

36.83%

CAGR

1,560% growth in 9 years

Source: Precedence Research - AI in Healthcare Market

Africa AI in Healthcare

$6.85B

2025

$21.47B

2031

20.8%

CAGR

Africa's AI healthcare market is growing at 20.8% annually - proving the continent is ready for intelligent health solutions.

Source: Market Research Future - Africa AI Healthcare

Smart Wearables & Clothing: The Next Frontier

We're not just building wearables. We're building the future of how humans interact with health technology.

Global Smart Clothing Market

$5.16B

2024

$21.48B

2030

26.2%

CAGR

Source: Markets and Markets - Smart Clothing Market

Wearable Healthcare Devices

$45.29B

2025

$75.98B

2030

10.9%

CAGR

Source: Grand View Research - Wearable Healthcare Devices

Health Cards & Digital Wallets: Africa's Payment Revolution

Africa is already a global leader in mobile payments. We're building on that foundation to create the world's most advanced health payment ecosystem.

Africa Mobile Payment Leadership

$1.1T

Mobile payments processed in Africa (2024)

Africa processes more mobile payments than any other continent. We're integrating health data with this existing infrastructure.

Source: GSMA Mobile Economy Report

Africa Contactless Payments

$781.72M

2023

$1.54B

2031

8.8%

CAGR

Source: Allied Market Research - Africa Contactless Payments

Smart Cards in Healthcare (Global)

$1.02B

2024

$2.84B

2032

13.7%

CAGR

Source: Market Research Future - Smart Cards in Healthcare

NFC Technology Market

$21.69B

2024

$30.55B

2029

7.1%

CAGR

Our Health Cards use NFC technology to provide instant access to medical records, emergency information, and payment capabilities - all in one tap.

Source: Markets and Markets - NFC Market

Uganda: Where It All Begins

We're starting in Uganda - a country with explosive economic growth, a young population, and a government committed to digital transformation.

Uganda's Economic Growth

6.1%

GDP Growth 2023/24

6.3%

Projected 2024/25

10.4%

Projected 2027 (with oil)

Per capita income: $1,263 (2024/25) and rising rapidly

Source: World Bank - Uganda Economic Overview

Uganda Digital Health Market

$134.10M

2024

$208.00M

2029

9.18%

CAGR

Source: Statista - Uganda Digital Health Market

Uganda Fitness Tracker Market

$36.38M

2024

$59.27M

2029

10.25%

CAGR

Uganda's fitness tracker market is growing faster than the global average - proving demand for health technology exists and is accelerating.

Source: Statista - Uganda Fitness Trackers

East Africa Health & Wellness Market

$16.8B

2025

$23.6B

2034

3.90%

CAGR

Source: Precedence Research - East Africa Health & Wellness

The Helios Health Plus Ecosystem

We're not building individual products. We're building an integrated ecosystem that works together seamlessly.

Smart Clothing

Fabric-integrated sensors that monitor heart rate, respiration, temperature, and movement. Washable, comfortable, invisible.

  • For athletes and fitness enthusiasts
  • Continuous monitoring without devices

Smart Wearables

Medical-grade watches and bands with advanced biosensors. ECG, SpO2, blood pressure, glucose monitoring.

  • ISO 13485 certified
  • AI-powered predictive analytics

Health Card

NFC-enabled card with encrypted medical records, emergency contacts, allergies, medications. Works offline.

  • Instant access in emergencies
  • Bank-level encryption

Digital Wallet

Integrated payment system for healthcare services. Mobile money integration, insurance claims, medication purchases.

  • Works with existing mobile money
  • Seamless healthcare payments

The Power of Integration

Each product works independently. But together, they create an unprecedented health monitoring and management system. Your smart clothing detects an anomaly. Your wearable confirms it. Your health card has your medical history ready. Your digital wallet pays for the ambulance. All in seconds.

The Investment Opportunity

Market Timing

We're entering multiple markets at their inflection points:

  • Africa healthcare growing at 8.4% annually ($140B → $227B by 2030)
  • AI in healthcare exploding at 36.83% globally ($37B → $614B by 2034)
  • Smart clothing market growing at 26.2% ($5B → $21B by 2030)
  • Africa mobile payments already at $1.1 trillion annually

Competitive Advantage

  • First-mover advantage in Africa: No competitor has an integrated health ecosystem targeting African markets
  • Medical certifications: ISO 13485, CE Marked, Clinically Validated
  • Ecosystem approach: Multiple revenue streams from interconnected products
  • Local expertise: Built for Africa, by Africans who understand the market
  • Scalable technology: AI and cloud infrastructure that grows with demand

Revenue Model

Hardware Sales

Smart clothing, wearables, health cards

Subscription Services

Premium AI analytics, cloud storage, telemedicine

B2B Partnerships

Hospitals, insurance companies, corporate wellness

Transaction Fees

Digital wallet payments, insurance claims processing

Our Vision for the Future

In 5 years, we see Helios as the leading health technology company in East Africa, with millions of users across Uganda, Kenya, Tanzania, Rwanda, and beyond.

In 10 years, we see Helios as a global brand that started in Africa and proved that the next generation of healthcare innovation comes from emerging markets.

We see a world where:

  • A grandmother in rural Uganda gets an alert about her irregular heartbeat before she has a stroke
  • A diabetic patient in Kampala has their glucose levels monitored 24/7 without finger pricks
  • An athlete in Nairobi optimizes their training with real-time biometric feedback
  • An emergency room doctor in Dar es Salaam has instant access to a patient's complete medical history with one tap
  • Healthcare becomes proactive, not reactive, for everyone - not just the wealthy

This isn't a dream. This is our roadmap.

Join Us in Building the Future

We're not just asking for investment. We're inviting you to be part of a movement that will transform healthcare for billions of people.

The data is clear. The market is ready. The technology is proven. The team is committed.

All we need is partners who believe in our vision.

Contact Investor Relations

investors@helioshealths.com

The future of healthcare won't be built in Silicon Valley or London or Shanghai.

It will be built where it's needed most. Where innovation meets necessity. Where technology meets humanity.

It will be built in Africa.

And it starts with Helios.

Thank you for considering this opportunity.

I look forward to building the future together.

Sincerely,

CEO Signature

Henri-Dunant CHIKURU

Co-founder and CEO, Helios Technologies Ltd.

January 26, 2026

Data Sources & References

All market data and statistics cited in this letter are from publicly available reports and research published between 2024-2026. Links open in new tabs for verification.

Forward-Looking Statements

This letter contains "forward-looking statements" including statements regarding Helios's financial outlook, product development timelines for our Health Plus ecosystem (smart clothing, smart wearables, health cards, and digital wallets), market expansion plans in Africa, expected benefits of our AI-powered health monitoring platforms, business strategy, partnerships with healthcare providers and insurance companies, revenue projections, market size estimates, and growth opportunities in African healthcare markets.

These forward-looking statements are based on current expectations, market research, and management assumptions as of January 26, 2026. Words such as "will," "see," "vision," "expect," "plan," "project," "believe," "potential," and similar expressions identify these statements. Actual results may differ materially due to factors including: our ability to execute our Africa-first strategy; regulatory approvals for medical devices in target markets; adoption rates of health technology in emerging markets; competition from established global health tech companies; our ability to secure adequate funding; challenges in manufacturing and distributing hardware products; healthcare infrastructure limitations in African markets; currency fluctuations; data privacy regulations; cybersecurity risks; our ability to maintain ISO 13485 and CE certifications; partnerships with local healthcare providers; macroeconomic conditions in Africa; and technological challenges in AI development.

Market data cited from third-party sources (Mordor Intelligence, Grand View Research, Statista, GSMA, World Bank, etc.) represents estimates and forecasts that involve assumptions and limitations. We have not independently verified this data and make no representations regarding its accuracy. These projections should not be relied upon as guarantees of future market conditions or our performance.

This letter represents our views as of January 26, 2026. We undertake no obligation to update these statements. Past performance and market trends are not indicative of future results. Prospective investors should conduct their own due diligence and analysis before making investment decisions.