Mr. Robert Courteau reports

ALTUS GROUP ANNOUNCES MANAGEMENT UPDATE FOCUSED ON GLOBAL GROWTH

Altus Group Ltd. has made certain changes to its executive roles.

Consistent with the company's overall growth strategy, Altus Group is moving forward with a more focused and aligned business model to scale its data, software and analytics capabilities, while continuing to provide highly specialized real estate consulting services. Based on current growth opportunities and recent successes, the company has streamlined its management team structure within its high-growth software and data solutions business platforms to further enhance productivity and leverage core strengths to address global market opportunities.

Effective immediately, Mike Abramsky, president of Argus Software, is leaving the company, and Robert Courteau, chief executive officer of Altus Group, will have direct oversight of Argus.

"I would like to thank Mike for his contributions to the success of Argus over the past three years and wish him the very best in the future," said Mr. Courteau, chief executive officer of Altus Group. "With a solid foundation and strong team in place, we are very excited about the growth opportunities ahead of us."