An anonymous director reports

TERAGO ANNOUNCES APPOINTMENT OF INTERIM CFO

TeraGo Inc. has appointed Parveen Mithra as interim chief financial officer and begun a renewed search for a permanent CFO after the resignation of Jason Toledano.

Mr. Toledano has informed TeraGo that he will not be able to fulfill the duties of the CFO for personal family reasons. Mr. Mithra has agreed to act and been appointed as interim CFO until April 30, 2024, or until a new permanent CFO is appointed.

TeraGo's board has immediately enacted a transition leadership team, led by current independent director and chair of the compensation committee, Martin Pinnes, until a permanent CFO is confirmed and announced.

Other members of the Transition leadership team include:

• Ken Campbell -- chair of board;
• Dan Vucinic -- chief executive officer.

About TeraGo Inc.

TeraGo provides wireless connectivity and private 5G wireless networking services to businesses operating across Canada. As Canada's biggest millimetre-wave spectrum holders, the company possesses exclusive spectrum licences in the 24-gigahertz and 38 GHz spectrum bands, which it utilizes to provide secure, dedicated SLA-guaranteed (service-level agreement) enterprise-grade performance that is technology diverse from buried cables ensuring high availability connectivity services. TeraGo serves over 1,800 Canadian and global businesses operating in major markets across Canada, including Toronto, Montreal, Calgary, Edmonton, Vancouver, Ottawa and Winnipeg, and has been providing wireless services since 1999.

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