PCT Ltd (PCTL)

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Shareholder Letter
February 13, 2024

To: Our Valued Stockholders:
We are pleased to present to you the comprehensive overview of PCT LTD’s performance and strategic
direction for the fiscal years ending 2023 and 2024. It has been a year of significant achievements,
marked by decisive actions and strategic focus. As we navigate the ever-evolving landscape of industries
we serve, we are confident in our trajectory and the opportunities that lie ahead.

Throughout 2023, PCT LTD underwent a transformative journey, streamlining operations to ensure
sustained profitability and focusing on core divisions that drive our growth. We bade farewell to our
Healthcare division in May 2023, redirecting our resources towards our other two divisions: Paradigm
Convergence Technologies (PCT) and 21st Century Energy Solutions (21CES).

PCT’s primary revenue streams remain centered around two core objectives. Firstly, we continue to
manufacture and distribute anolyte and catholyte fluid producing equipment, catering primarily to the
Oil and Gas industry through 21CES. Secondly, we supply anolyte and catholyte fluids to diverse sectors
including healthcare, agriculture, hospitality, and governmental entities.

In the fourth quarter of 2023, we expanded our distribution network, onboarding two new distributors,
with two more joining us in 2024. Our distributor’s focus on key industries such as agriculture and
healthcare has bolstered our market presence while ensuring sustained growth.

Despite the divestment of our Healthcare division, we uphold our commitment to our existing contracts,
exemplified by our continued service provision to a hospital in Nevada.

Looking ahead, our focus remains on sustainable growth. We are actively recruiting and onboarding
distributors to diversify revenue streams while enhancing marketability across multiple sectors, including
Agriculture, Healthcare, Hospitality and beyond.

21st Century Energy Solutions (21CES) remains committed to its partnerships within the Oil industry,
operating depot facilities in Texas and Oklahoma. Our facilities boast significant production capacities,
which enable us to meet the demands of our clients efficiently. Additionally, we continue to explore
opportunities to expand our depot facilities to better serve both the Energy and Agriculture sectors.

A notable highlight from 2023 includes the success story of our partnership with Fairview Productions,
where our treatments led to a substantial increase in well production. This partnership underscores our
commitment to delivering tangible results for our clients.

Our pipeline of opportunities continues to grow steadily, with promising prospects across various
regions. We have established a robust decision process, starting with internal testing, followed by pilot
programs, leading to full-scale treatments upon successful completion.

As we reflect on our achievements and look toward the future, we are excited about the prospects that
2024 holds for us. With a solid foundation, an expanding market presence, and a commitment to
innovation, PCT LTD is well positioned for continued success.

We extend our sincere gratitude to our shareholders for their unwavering support and confidence in our
vision. Together we will navigate the challenges and seize the opportunities that lie ahead.

Art Abraham
President & CFO
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