Mr. Mark Binns reports

CARRIER CONNECT DATA SOLUTIONS INC. COMPLETES ACQUISITION OF SAINT JOHN DATA CENTER

Carrier Connect Data Solutions Inc. has completed its previously announced acquisition of the principal business assets comprising the data centre operation located in Saint John from Carbon60 Operating Co. Ltd., a provider of professional and managed services across multiple cloud platforms.

In connection with the acquisition, the company, through its wholly owned subsidiary, PureColo Inc., entered into an asset purchase agreement dated Feb. 27, 2026, with Carbon60. Pursuant to the terms of the asset purchase agreement, the company acquired the Saint John data centre assets. In consideration for the acquisition, the company paid an aggregate of $1.6-million in cash to Carbon60, with an additional $150,000 payable three months following the closing date, subject to customary adjustments for liabilities or payables incurred.

No finders' fees have been paid by either the company or Carbon60 in connection with the acquisition.

Mark Binns, chief executive officer of Carrier, commented: "We are very pleased to expand the Carrier Connect portfolio of data centres to New Brunswick, giving us national coverage from Vancouver to Ontario and into Atlantic Canada. With five data centres under management now, we can give our customers more choice for location than ever and increased scale also allows us to drive further efficiencies in delivering co-location data center services."

About Carrier Connect Data Solutions Inc.

Carrier's mission is to roll up Tier II/Tier III data centres internationally that specialize in delivering co-location and data centre solutions to AI (artificial intelligence) companies, service providers, enterprises and small businesses. Data centres are the physical locations that store computing machines and their related hardware equipment, such as servers, data storage drives and network equipment. As a carrier-neutral organization, Carrier's systems are fully independent and owned outright within its leased space. The current principal markets for the company are Vancouver, Ottawa and Saint John, Canada, and Perth, Australia, where it serves clients who use its facilities either as their primary data centre or as an ancillary site depending on their needs.

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