Mr. Jim Clark reports

MARTELLO ANNOUNCES DEPARTURE OF CHIEF EXECUTIVE OFFICER

Martello Technologies Group Inc.'s chief executive officer John Proctor has departed. Jim Clark, currently the chief financial officer at Martello, will assume the additional role of interim CEO effective immediately. The board of directors will initiate a comprehensive search for a new CEO to lead Martello into the next phase of its growth and development.

Mr. Proctor served as CEO of Martello for approximately six years, taking the company public on the TSX Venture Exchange, completing three acquisitions, and guiding Martello's strategic focus on digital experience monitoring solutions for the Microsoft modern workplace and Mitel unified communications.

"It has been an honour and incredible journey leading the Martello team and contributing to the success of the company," said Mr. Proctor. "I am immensely proud of what we accomplished together and am confident in Martello's future."

Terence Matthews, chairman of the Martello board, added: "On behalf of the board, I want to extend our appreciation to John for his dedication and leadership during his tenure as CEO. Martello is positioned for future growth and to deliver on its mission to provide exceptional digital experience monitoring solutions to customers. We are facing an exciting but challenging market environment, where innovation, agility and customer focus remain essential. We are confident that Jim Clark, together with the new CEO, will drive the company towards growth and market leadership."

With Mr. Clark at the helm as interim CEO, Martello remains committed to delivering innovative solutions to its customers and partners. The company's focus on customer satisfaction, product excellence and industry leadership will continue to be its top priorities.

About Martello Technologies Group Inc.

Martello is a technology company that provides monitoring solutions to optimize the modern workplace. The company's products provide actionable insight on the performance and user experience of cloud business applications, while giving Internet technology teams and service providers control and visibility of their entire IT infrastructure. Martello's software products include Vantage DX, which provides Microsoft 365 and Microsoft Teams end-user experience monitoring and optimization. Martello is a public company headquartered in Ottawa, Canada, with employees in Europe, North America and the Asia Pacific region.

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