Mr. Daniel Vucinic reports

TERAGO NAMES RAJNEESH SAPRA AS CHIEF FINANCIAL OFFICER

TeraGo Inc. has appointed Rajneesh Sapra as chief financial officer (CFO), effective April 1, 2024.

"We are very pleased to welcome Rajneesh to TeraGo. His strategic leadership, broad capital markets experience and strong M&A track record will add important value to the business. Additionally, his strong operational focus will contribute significantly to our financial strategy, driving growth, improving cash flow generation and enhancing shareholder value as we continue to execute our business transformation. We also want to thank Parveen Mithra for her strong leadership as interim CFO and look forward to her continued contributions," said Daniel Vucinic, chief executive officer.

Most recently, Mr. Sapra served as CFO of NexJ Systems, a publicly traded fintech company. Mr. Sapra was with NexJ for 12 years where he led the finance function end to end and played a pivotal role in leading the company through significant milestones, including its successful initial public offering and eventual acquisition by a large Canadian software company. Before NexJ, Mr. Sapra was with KPMG LLP in its technology audit practice in Toronto, focusing on telecom and software technology sectors.

"I am pleased to join TeraGo and look forward to collaborating with Dan and the team to drive strong financial performance and create value for all stakeholders," said Mr. Sapra.

About TeraGo Inc.

TeraGo provides managed network and security services to approximately 1,900 businesses across Canada ensuring highly secure, reliable and redundant connectivity services including fixed wireless access and fibre and cable wireline network connectivity.

TeraGo's wireless connectivity services include private 5G. As Canada's biggest millimetre-wave-spectrum holders, the company possesses exclusive spectrum licenses in the 24-gigahertz (GHz) and 38 GHz spectrum bands, which it utilizes to provide secure, dedicated SLA guaranteed enterprise grade performance that is technology diverse from buried cables ensuring high availability connectivity services.

TeraGo serves approximately 1,900 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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