Mr. Patrick Houston reports

CALIAN INCREASES ITS COMMITTED CREDIT FACILITY TO PURSUE GROWTH AND ANNOUNCES MANAGEMENT CHANGE

Calian Group Ltd. has exercised the accordion feature under its existing credit facility.

Calian has exercised $75-million of its accordion feature, increasing total committed capacity under its credit facility to $275-million. The company renewed its credit facility on Sept. 29, 2025, for a three-year term, with total capacity of $350-million. As of Dec. 31, 2025, Calian had $165-million drawn on the facility and net debt to adjusted earnings before interest, taxes, depreciation and amortization of 1.2 times.

"This increase strengthens our capacity to pursue acquisitions while continuing to invest internally to capitalize on the organic growth opportunities we are seeing," said Will Majic, acting chief financial officer, Calian. "It also underscores the strong support and confidence of our lending syndicate in our performance and long-term strategy. With favourable tailwinds in the defence and space industries and a robust backlog of $1.4-billion, we are well positioned to deploy capital strategically and continue to drive shareholder value."

Separately, Calian announced that Derek Clark, president of the company's Essential Industries business unit, will be leaving the company to pursue a new opportunity. The Essential Industries business continues to be supported by a strong and experienced leadership team, with vice-presidents across the divisions working together to maintain continuity as the company undertakes a search for a new president.

"We thank Derek for his contributions to Calian," said Patrick Houston, chief executive officer, Calian. "We have a strong and experienced leadership team within Essential Industries, and I look forward to working closely with them to continue advancing the business."

About Calian Group Ltd.

For over 40 years, Calian has delivered mission-critical solutions when failure is not an option. Trusted worldwide, it empowers organizations in critical industries to overcome obstacles, manage risks and drive progress. By combining the expertise of its people, proven industry insight, cutting-edge technology, bold innovation and global reach, it delivers tailored solutions that solve complex challenges. Headquartered in Ottawa, Canada, with over 6,000 people around the world, Calian's solutions protect lives, strengthen security, foster global connectivity and drive economic progress, making a lasting impact where and when it matters most.

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