Mr. Grant Schuetrumpf reports

YANGAROO ANNOUNCES APPOINTMENT OF CFO

Yangaroo Inc. has appointed Frank Guo as the company's chief financial officer, effective March 13, 2024.

Mr. Guo is a seasoned finance executive with over 10 years of experience in enhancing financial and accounting frameworks to support organizational objectives. He holds the designations of chartered financial analyst (CFA) and certified public accountant (CPA), in addition to an MBA from the Ivey School of Business. Mr. Guo's extensive background includes roles in which he was instrumental in refining financial strategies and operations. His expertise in financial modelling, strategic planning and stakeholder engagement, combined with a solid foundation in ASPE (accounting standards for private enterprises), IFRS (international financial reporting standards) and U.S. GAAP (generally accepted accounting principles) financial reporting, positions him well to lead the company's financial team. In his previous roles, Mr. Guo demonstrated a strong capability in navigating companies through growth and transition phases, making significant contributions toward operational efficiencies and financial stability.

Grant Schuetrumpf, chief executive officer of the company, commented, "We look forward to Mr. Guo's leadership in financial management as we continue to pursue our strategic objectives and aim to deliver value to our shareholders."

About Yangaroo Inc.

Yangaroo is a software leader in media asset workflow and distribution solutions for the advertising, music and award industries. Yangaroo's patented digital media distribution system is a leading secure business-to-business cloud-based solution that incorporates production services, traffic, clearance, delivery, analytics and secure API (application programming interface) integration for the industry's various video and audio workflow challenges.

Yangaroo has offices in Toronto, New York and Los Angeles. Yangaroo trades on the TSX Venture Exchange under the symbol YOO and in the United States on the OTCBB under the symbol YOOIF.

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