Mr. Lance Tracey reports

LANEBURY APPOINTS NEW DIRECTOR

Lanebury Growth Capital Ltd. has appointed Gary Sherlock to the board of directors of the company, effective Jan. 25, 2024.

Mr. Sherlock is a chartered professional accountant (CPA, CA and CMA) with over 25 years of experience in the executive leadership in both corporate and operational roles. He has previously served as chief executive officer and co-CEO of Peer 1 Hosting, a Toronto Stock Exchange-listed Vancouver-based Internet infrastructure provider. With his business partner Fabio Banducci, Mr. Sherlock repositioned the company strategically upmarket, restructured the organization, expanded its operations both domestically and globally, and grew the organization to over 500 employees while delivering best-in-class operating metrics. During his tenure at Peer 1, annualized revenues grew to $200-million and in January, 2013, Peer 1 was acquired by Cogeco Cable for $650-million.

Prior to joining Peer 1, Mr. Sherlock was vice-president, business development and controller, at BC Hydro where he led a number of transformative initiatives, including implementation of a comprehensive risk management framework and negotiated several strategic partnerships.

Mr. Sherlock graduated with distinction from the University of Regina with a bachelor of Administration.

"We are very pleased to welcome Gary to the board of directors and looking forward to his future contributions," said Lance Tracey, chief executive officer and director of the company.

About Lanebury Growth Capital Ltd.

Lanebury is an investment company with an investment strategy focused on building a portfolio of high-quality investments in technology start-ups. The company primarily targets investments that have a monthly revenue model and can be scaled easily using Internet and mobile technologies.

We seek Safe Harbor.