Mr. Adam Zaghloul reports

NTG CLARITY ANNOUNCES SHARE CONSOLIDATION

NTG Clarity Networks Inc. plans to proceed with a consolidation of its outstanding common shares on the basis of one postconsolidation share for every five preconsolidation shares.

The consolidation was approved by shareholders at the annual and special meeting of shareholders held on July 7, 2023. The shares are expected to begin trading on a consolidated basis on the TSX Venture Exchange on March 20, 2024.

As a result of the consolidation, the number of issued and outstanding shares will be reduced from 187,672,355 shares to 37,534,471 shares, subject to treatment of fractional shares.

Any fractional interest in shares that is less than 0.5 of a share resulting from the consolidation will be rounded down to the nearest whole share and any fractional interest in shares that is 0.5 or greater of a share will be rounded up to the nearest whole share.

The new Cusip number for the postconsolidation shares is 62940V 20 3 and the new ISIN is CA 62940V 20 3 0.

Shareholders who hold their shares in brokerage accounts are not required to take any action to affect an exchange of their shares.

Registered shareholders will receive a letter of transmittal from Odyssey Trust Company, the company's transfer agent. The letter of transmittal will contain instructions on how registered shareholders can exchange their share certificates representing preconsolidation shares for new certificates representing postconsolidation shares. Until surrendered, each share certificate representing preconsolidation shares will represent the number of whole postconsolidation shares to which the holder is entitled as a result of the consolidation.

About NTG Clarity Networks Inc.

NTG Clarity's vision is to be a global leader in digital transformation solutions. As a Canadian company established in 1992, NTG Clarity has delivered software, networking and IT (information technology) solutions to large enterprises, including financial institutions and network service providers. More than 600 IT and network professionals provide design, engineering, implementation, software development and security expertise to the industry's leading enterprises.

We seek Safe Harbor.