VME Process, Inc. was originally founded in 1985, and our separation-technology and packaged-equipment business has served global customers for decades. Prior to the reorganization, VME Process, Inc., VME Process Solutions, LLC, and VME Services, LLC were separate entities under common shareholder ownership but were not in a parent-subsidiary relationship. On February 10, 2026, VME Companies, Inc. was incorporated in Texas, and effective April 15, 2026, the shareholders contributed 100% of their ownership interests in all three entities to VME Companies, Inc. in a tax-free exchange under Section 351 of the Internal Revenue Code. The holding-company structure was established to support public ownership, centralized governance, and disciplined capital allocation and did not materially change our operations, assets, management teams, or customer relationships. We generate revenue primarily through project-based engineering, procurement, and construction services (“EPC services”), modular fabrication, and equipment contracts, many of which are fixed-price or lumpsum in nature. As a result, our financial performance depends on disciplined bidding practices, accurate cost estimation, effective project management, supply-chain reliability, and execution within defined schedules and budgets. Historically, margin performance within our modular EPC operations has been influenced by reliance on third-party infrastructure, extended vendor lead times, and variability in execution efficiency. During the past year, we have implemented enhanced project-governance processes, strengthened supply-chain oversight, and invested in systems.