Mr. Kevin Ford reports

CALIAN COMPLETES ACQUISITION OF DECISIVE GROUP AND CONFIRMS FILING OF AUDITED FINANCIAL STATEMENTS

Calian Group Ltd. has completed the acquisition of Decisive Group for up to $74.7-million.

A leader in the information technology infrastructure and cybersecurity service business, the acquisition of Decisive rounds out Calian's North American offerings. It also positions the Calian IT and cyber solutions (ITCS) portfolio to expand further into global markets, serving a broader set of customers.

"We're pleased to be acquiring a company that not only has so much to offer, but also has similar values," said Kevin Ford, Calian chief executive officer. "This acquisition is also an important step in our growth strategy, allowing us to continue to scale our IT and cyber business. Ultimately, we will be able to offer stronger managed services capability in both the short and long term to customers across industry and government."

Calian first announced the definitive purchase agreement on Nov. 9.

Filing of audited financial statements

Calian confirms that it will be filing its fiscal 2023 audited financial statements today with no changes to its previously published financial results released earlier this week. The company will also be posting its annual report on its website.

About Calian Group Ltd.

It keeps the world moving forward. Calian helps people communicate, innovate, learn and lead safe and healthy lives. Every day, its employees live its 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, it is headquartered in Ottawa with offices and projects spanning North American, European and international markets.

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