Description of Cea Industries Inc's Business Segments

The company operates two business segments following a strategic transformation. The BNB Treasury Management segment involves building and managing a corporate treasury of BNB through the DAT Strategy, providing institutional-grade exposure to the BNB Chain blockchain infrastructure. This segment is managed through the wholly-owned subsidiary CEA BRS LLC and includes custody of BNB holdings via Ceffu, a non-U.S. institutional digital asset custody platform within the Binance ecosystem. The Retail and Industry segment comprises core retail nicotine vape operations in Canada, acquired through Fat Panda Ltd. and related entities, as well as industrial climate control systems for controlled environment agriculture. In August 2025, the company shifted its focus to the DAT Strategy, raised approximately $500 million in a private placement, and changed its Nasdaq ticker symbol from "VAPE" to "BNC" to reflect this new focus.

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Composition of Cea Industries Inc Revenues by Segments

Q3 three months ended (Jan 31 2026)
Revenues by Business Segments	Revenues (in millions $)	% (of total Revenues)
Total	6.76	100 %

Q3 three months ended (Jan 31 2026)
Revenue Growth rates by Segment	Y/Y Revenue %	Q/Q Revenue %
Total	-	-4.65 %

Q3 three months ended (Jan 31 2026)
Income by Business Segments	Income (in millions $)	% (Profit Margin)
Total	-106.57	-

Q3 three months ended (Jan 31 2026)
Income Growth rates by Segment	Y/Y Income %	Q/Q Income %
Total	-	-

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