Mr. Sebastien Mailhot reports

D-BOX ANNOUNCES DEPARTURE OF CFO

David Montpetit, D-Box Technologies Inc.'s chief financial officer, will be leaving the corporation on March 31, 2024.

The chief executive officer, Sebastien Mailhot, and the board of directors sincerely thank Mr. Montpetit for his valued contribution and loyalty to D-Box over the last four years and wish him the very best in his future endeavours.

"I am very proud of what David Montpetit has accomplished since he joined the corporation in January, 2020, despite strong headwinds caused by the COVID-19 pandemic, among other challenges," said Mr. Mailhot.

The departure of Mr. Montpetit will take effect on March 31, 2024. He will work closely with Mr. Mailhot during the coming months to ensure an orderly transition of his responsibilities. In the meantime, the corporation will initiate a process of finding a new chief financial officer.

About D-Box Technologies Inc.

D-Box creates and redefines realistic, immersive entertainment experiences by moving the body and sparking the imagination through effects: motion, vibration and texture. D-Box has collaborated with some of the best companies in the world to deliver new ways to enhance great stories. Whether it is movies, video games, music, relaxation, virtual reality applications, themed entertainment or professional simulation, D-Box creates a feeling of presence that makes life resonate like never before. D-Box Technologies is headquartered in Montreal, with offices in Los Angeles, United States, and Beijing, China.

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