Mr. Cary Vance reports

TITAN MEDICAL ANNOUNCES APPOINTMENT OF ERIC HEINZ AS VICE PRESIDENT, MARKET AND CORPORATE DEVELOPMENT

Eric Heinz has been appointed as Titan Medical Inc.'s vice-president, market and corporate development. Mr. Heinz will be responsible for developing and executing on strategic business plans to expand and accelerate Titan's Enos robotic single-access surgical system's portfolio cadence. He will also lead existing partnerships and look to supplement those to maximize Titan's reach and the utilization of the Enos system. Mr. Heinz will engage and collaborate with stakeholders in refining the company's value proposition, branding, product positioning and core messaging.

"We are excited to have Eric join the senior leadership team. Eric brings a proven track record of leading efforts to grow businesses and augment markets in the dynamic surgical robotics industry. It was especially important for us to bring in a leader with extensive experience at leading successful negotiations while driving organic and inorganic growth in the medical technology industry," said Cary Vance, Titan's president and chief executive officer.

Mr. Heinz has more than 20 years of medical device experience across business strategy, corporate development, product development and marketing for companies ranging in size from small-cap to multinationals. He recently served as director, business development (mergers and acquisitions), for Smith & Nephew, where he led teams responsible for executing upon the inorganic growth strategy via M&A, equity investments and co-development partnerships. Prior to joining Smith & Nephew, Mr. Heinz consulted with ZimmerBiomet, Medtech Surgical SA and a boutique investment bank, managing quality remediation, market development and private placement projects, respectively. He also served as senior marketing manager for the Symbis surgical system MRI-compatible (magnetic resonance imaging) neurosurgical robotics business at Imris, and as a product manager over the $500-million instruments, accessories and video system portfolio at Intuitive Surgical. Mr. Heinz holds a master of engineering management from Christian Brothers University, a bachelor of science in bioengineering from the University of Illinois, Urbana-Champaign, and is anticipated to graduate with an executive MBA degree from the Kellogg School of Management at Northwestern University in December, 2022.

About Titan Medical Inc.

Titan Medical, a medical device company headquartered in Toronto, Ont., and with operations in Chapel Hill, N.C., is focused on enhancing robotic-assisted surgery using innovative technology through a single access point. The Enos robotic single-access surgical system is being developed with an ergonomic focus to provide a surgical experience that imitates real-life movements that surgeons demand and includes multiarticulating instruments designed to allow surgeons an increased range of motion in a confined space, with dexterity and the ability to exert the forces necessary to complete common surgical tasks. With the Enos system, Titan intends to initially pursue gynecologic surgical indications.

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