Mr. Adam Zaghloul reports

TG CLARITY ANNOUNCES WORK VALUED AT $16.6 MILLION, INCLUDING FIRST POS UNDER PREVIOUSLY ANNOUNCED MARCH 2026 FRAMEWORK AGREEMENT

NTG Clarity Networks Inc. has received new purchase orders and contract renewals totalling approximately $16.6-million, showing a continued demand for NTG's services.

• $2.3-million in new purchase orders with an existing real estate development customer for offshore and on-site software development services:
  • These POs represent billings against the previously announced three-year framework contract announced in March, 2026;
  • These POs cover a portion of the expected work for the rest of 2026 only, with additional POs expected for 2027 and beyond as the engagement continues;
• $13.6-million in contract renewals, expansions and related purchase orders with existing customers:
  • $9.6-million in renewed POs and contracts for offshore and on-site software development services;
  • $4.0-million in purchase orders for offshore software development services:
    • These POs represent billings against the previously announced $53-million three-year framework contract announced in August, 2024;
• $723,000 in new purchase orders for NTGapps for existing information technology, finance and telecom customers.

"Saudi Arabia's public and private sector focus on return on investment has sharpened, and these renewals show that NTG's value holds up under that increased scrutiny. Existing customers renewed, and most expanded, across offshore and on-site delivery, including further purchase orders under our $53-million framework contract," said Adam Zaghloul, vice-president of strategy and planning. "Customers who have worked with us are allocating more of their digital transformation budgets to NTG, and new customers are reaching the same conclusion after deliberate evaluation. One example is the head of technology from one of our new customers acknowledging the success of our partnership. The first purchase orders under the March, 2026, framework agreement came after exactly that kind of diligence, and we are pleased to have the engagement under way."

These are the first purchase orders under the new three-year framework agreement announced in March, 2026. While NTG continues to finalize additional work with this customer, it looks forward to starting the engagement with the placement of over 30 resources.

Amid regional uncertainty, enterprises in Saudi Arabia and across the gulf are adjusting their strategies to focus on cost-effectiveness and return on investment. NTG's offshore development centre model delivers high-quality results at a competitive cost, positioning the company well within this environment. NTG's software offerings like NTGapps also provide a quality, cost-effective, off-the-shelf alternative to expensive software platforms.

About NTG Clarity Networks Inc.

NTG Clarity Networks' 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 solutions to large enterprises including financial institutions and network service providers. More than 1,400 IT and network professionals provide design, engineering, implementation, software development and security expertise to the industry's leading enterprises.

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