Mr. John Giamatteo reports

ARCTIC WOLF AND BLACKBERRY ANNOUNCE CLOSING OF ACQUISITION FOR CYLANCE

Arctic Wolf and BlackBerry Ltd. have closed the acquisition of BlackBerry's Cylance end point security assets by Arctic Wolf. The two companies entered into a definitive agreement on Dec. 15, 2024.

"We are pleased to have successfully closed this pivotal transaction for BlackBerry and look forward to continuing our relationship with Arctic Wolf as a customer, as a reseller of the portfolio to our large government customers and as a shareholder of this dynamic, growing company," said John Giamatteo, chief executive officer of BlackBerry.

"Today, the launch of Aurora end point security represents a transformative step in how organizations adopt end point protection," said Nick Schneider, president and chief executive officer of Arctic Wolf. "By integrating Cylance's advanced AI-driven capabilities into the Aurora platform and combined with the expertise of one of the world's largest commercial security operations centres, Arctic Wolf's Aurora end point security offerings help organizations reduce risk exposure with better prevention and threat detection, eliminate alert fatigue and false positives, and build stronger, more resilient defences."

Aurora end point security is Arctic Wolf's portfolio of advanced end point protection solutions, designed to extend artificial-intelligence-driven prevention and detection capabilities directly to the end point. Seamlessly integrated into the Arctic Wolf Aurora platform, Aurora end point security leverages insights from over 10,000 customers and more than seven trillion security observations weekly to address advanced and emerging threats. Aurora end point security includes four solutions tailored to meet diverse customer needs: Aurora Protect, Aurora Endpoint Defense, Aurora Managed Endpoint Defense On-Demand and Aurora Managed Endpoint Defense.

About BlackBerry Ltd.

BlackBerry provides enterprises and governments the intelligent software and services that power the world. Based in Waterloo, Ont., the company has high performance foundational software that enables major automakers and industrial giants alike to unlock transformative applications, drive new revenue streams and launch innovative business models, all without sacrificing safety, security and reliability. With a deep heritage in secure communications, BlackBerry delivers operational resiliency with a comprehensive, highly secure and extensively certified portfolio for mobile fortification, mission-critical communications and critical event management.