Mr. Mark Binns reports

CARRIER CONNECT DATA SOLUTIONS HIRES DATA CENTER INDUSTRY VETERAN MR. MARK KERR

Carrier Connect Data Solutions Inc. has appointed Mark Kerr as chief executive officer of Carrier's operating entity, Purecolo Inc., effective immediately.

Mr. Kerr brings more than 17 years of experience in the data centre industry, with a significant focus on leadership and operational excellence across operations, cloud, network and critical infrastructure. Throughout his career, he has held a number of senior and executive positions with direct accountability to the board, where he has built and led high-performing teams responsible for the design, engineering, construction and operation of multisite data centre portfolios.

Prior to joining Purecolo, Mr. Kerr held senior and executive positions at Aptum, Centrilogic and Qu Data Centres. Across these roles, he led day-to-day operations, cloud and network services, design and engineering, new builds and decommissions, along with the staffing, finance and budgeting required to run a growing data centre platform. His leadership has centred on building disciplined operating models, putting the right people and processes in place, and delivering reliable, efficient service to customers.

Mr. Kerr has also led power and grid expansions, M&A (merger and acquisition) activity, and hyperscale data centre builds, bringing a hands-on, execution-focused approach to complex, large-scale programs. This combination of leadership and operational depth positions him to lead Purecolo's expansion from seven data centres across three countries toward its 2027 goal of 15 data centres.

Mr. Kerr commented: "Purecolo has built a strong foundation and is growing quickly, with seven data centres across three countries and a clear path to 15 by 2027. I'm excited to join Carrier and the Purecolo team at this stage of growth. My focus will be on operational excellence, disciplined expansion and an outstanding customer experience, building the team and platform needed to scale the business and create long-term shareholder value."

Mark Binns, chief executive officer of Carrier, commented: "Mark's appointment comes at a time of transformational growth for Carrier. Adding a seasoned data centre leader to run the day-to-day operations of Purecolo is a significant asset as we scale. We recently expanded to seven data centres, and Mark's deep experience in global operations, construction, staffing, finance and budgeting will be instrumental in leading Purecolo as we continue to grow our footprint. We couldn't be more pleased to welcome Mark to the team."

The company also announces that it has granted 100,000 incentive stock options to Mr. Kerr in accordance with its stock option plan. Such options are exercisable at a price of $1.41 until Nov. 10, 2036, of which 25,000 vest at six months following the date of grant, 25,000 vest at 12 months following the date of grant, 25,000 vest at 18 months following the date of grant and 25,000 vest at 24 months following the date of grant, all subject to applicable hold periods.

About Carrier Connect Data Solutions Inc.

Carrier Connect Data Solutions' mission is to roll up Tier II/Tier III data centres internationally that specialize in delivering co-location and data centre solutions to AI (artificial intelligence) companies, service providers, enterprises and small businesses. Data centres are the physical locations that store computing machines and their related hardware equipment, such as servers, data storage drives and network equipment. The current principal markets for the company are Vancouver, Ottawa and Saint John, Canada; Rochester and Atlanta, United States; and Perth, Australia. Carrier operates through two wholly owned subsidiaries -- PureColo Inc. and PureColo USA Inc.

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