Mr. Chris Beck reports

CALDWELL ANNOUNCES CHANGE IN AUDITORS

The Caldwell Partners International Inc. has appointed Ernst & Young LLP (EY) as the company's new auditor, effective Jan. 5, 2026.

At the request of the corporation, KPMG LLP resigned as the company's auditor, which resignation became effective Jan. 5, 2026. The decision to change auditors was not the result of any disagreement, dispute or reportable event between the company and KPMG on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures.

The board of directors undertook a comprehensive review of the company's external audit services as part of its continuing corporate governance practices, as it typically does every five years. During that process, it reviewed proposals from multiple leading accounting firms and selected Ernst & Young.

"EY is one of the world's leading professional services firms," said Chris Beck, chief executive officer. "Their global reach, depth of expertise, capabilities and experience align well with Caldwell's continued growth and international footprint, and we look forward to working closely with their team."

Mr. Beck added: "We would also like to sincerely thank KPMG for its many years of professional service, partnership and support. We appreciate their contributions to Caldwell and the high standard of work they consistently delivered."

The company has sent a notice of change of auditor to the former auditor and to the successor auditor and has received a letter from each, addressed to the securities commissions in each of Alberta, British Columbia, Manitoba, Nova Scotia, Ontario, Quebec, stating that they agree with the information contained in the notice. The notice and related letters have been reviewed by the company's board of directors and are available under the company's profile on SEDAR+.

About The Caldwell Partners International Inc.

Caldwell Partners is a technology-powered talent acquisition firm specializing in recruitment at all levels. Through two distinct brands -- Caldwell and IQTalent -- the firm leverages the latest innovations in AI (artificial intelligence) to offer an integrated spectrum of services delivered by teams with deep knowledge in their respective areas. Services include candidate research and sourcing through to full recruitment at the professional, executive and board levels, as well as a suite of talent strategy and assessment tools that can help clients hire the right people, then manage and inspire them to achieve maximum business results.

Caldwell Partners' common shares are listed on the Toronto Stock Exchange and trade on the OTCQX Market.

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