Mr. Kevin Ford reports

CALIAN COMPLETES ACQUISITION OF HAWAII PACIFIC TELEPORT

Calian Group Ltd. has completed the acquisition of United States-based Hawaii Pacific Teleport (HPT) for up to $62-million ($46-million (U.S.)).

The acquisition marks Calian's further move into the U.S. following its acquisition of Computex in March, 2022. It will also expand the Calian Advanced Technologies portfolio further into global markets.

"We're pleased to be acquiring a company that not only has so much to offer, but also has similar values," says Kevin Ford, Calian chief executive officer. "This acquisition represents a real growth opportunity for Calian and yet another key asset for our Advanced Technologies space division. Coupled with our acquisition of Computex, the team at HPT will further enhance the Calian footprint and brand in the U.S. market and beyond."

HPT has operated for over 20 years as an independent teleport and continues to be the first choice for Asia Pacific satellite communications service providers. Leveraging its service locations across the Hawaiian Islands and Guam, HPT provides secure, contiguous connectivity throughout the Asia Pacific region from its strategically located U.S.-based locations.

"HPT brings a track record of excellence in providing critical communication and teleport services," says Patrick Thera, president, Advanced Technologies. "Under the guidance of HPT CEO Leeana Smyth-Ryland and combined with Calian's other teleport offerings and satcom technology capabilities, this progresses our goal of providing a best-in-class global teleport network to the space market. Both of our organizations focus on customer satisfaction and together we can offer innovative solutions to meet all of their needs including LEO, MEO and GEO communications, earth observation, and space exploration. In fact, through our combined set of customers, we can offer them capabilities that they have never considered before. By adding additional recurring revenue models to our base, we will create stability while providing access to opportunities for new growth."

Location is considered a key differentiator for those offering teleport services to minimize issues like latency and interference, and the addition of HPT allows Calian to offer a full suite of services from design, installation and teleport services to satellite operations.

Calian first announced the definitive purchase agreement on March 9, receiving FCC approval June 28.

About Calian Group Ltd.

Calian helps people communicate, innovate, learn and lead safe and healthy lives. Every day, Calian's employees live the company's values of customer commitment, integrity, innovation and teamwork to engineer reliable solutions that solve complex problems. That is confidence -- engineered. A stable and growing 40-year company, Calian is headquartered in Ottawa, with offices and projects spanning North American, European and international markets.

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