An anonymous director reports

ATW TECH INC. ANNOUNCES MANAGEMENT UPDATE

ATW Tech Inc. has provided an update on the Sept. 1, 2023, press release, announcing the departure of Michel Guay as chief executive officer of the company. As a severance package, it was agreed that Mr. Guay would receive 3,162,675 shares of the company, at a deemed price of 1.9 cents per share for an aggregate value of $60,000. This is in addition to three million stock options with a term of five years at a value of five cents. Mr. Guay continues to assist the company as a consultant since his departure as CEO.

This decision, reflects the company's appreciation for Mr. Guay's services and contribution in recent years.

The transaction remains subject to final approval by the TSX Venture Exchange. The issued shares are subject to a mandatory hold period of four months, in accordance with the policies of the TSX-V.

Options update

ATW also wishes to make a correction to the 15,913,379 options issued to Michel Goyette and Christian Trudeau. The exercise period of these options is five years and not three years.

About ATW Tech Inc.

ATW Tech is a technology company that owns several well-known technology platforms such as Semeon Analytics, Neos Group and Voxtel.