Mr. Pramod Jain reports

CMG SIGNS GLOBAL MULTI-YEAR SIMULATION SOFTWARE LICENSING AGREEMENT

Computer Modelling Group Ltd. has entered into a multiyear software licensing agreement with Shell for Computer Modelling's suite of simulation solutions, including CoFlow, the industry's first enterprise solution integrating reservoir and production simulation workflows.

This agreement represents the culmination of a long-term development relationship between Computer Modelling and Shell. It is a major milestone in a collaboration that has spanned more than a decade and marks CoFlow's transition from a joint research initiative to a full commercial software product. By integrating CoFlow with Computer Modelling's proven reservoir simulation software, customers are empowered to enhance decision-making, optimize operations and drive efficiency across their global portfolios.

"Our partnership with Shell reflects years of scientific innovation and deep trust built between our teams," said Pramod Jain, chief executive officer of CMG. "This agreement validates the technical excellence and strategic importance of CoFlow and reaffirms the value of our broader simulation software suite. We are excited to enter this next phase of collaboration with Shell, helping them achieve their objectives in developing complex, capital-intensive assets."

About CoFlow

CoFlow is Computer Modelling's integrated production system modelling (IPSM) platform, built from the ground up to unify the reservoir and production domains in a single collaborative environment. By connecting subsurface and surface models dynamically, CoFlow enables multidisciplinary teams to work seamlessly on a shared digital representation of the asset, resulting in more accurate forecasts, faster decision cycles and improved field performance.

Key features:

• Unified asset model -- Intelligent synchronization between reservoir and production systems across the entire life cycle of the field;
• Collaborative environment -- real-time data consistency and visibility for geoscientists, reservoir and production engineers;
• Operational efficiency -- eliminates the need for manual data transfers, complex integration scripts and custom workflows;
• Informed decision-making -- captures short- and long-term production interactions for more realistic optimization and planning;
• Engineer-first design -- simplifies complex workflows, allowing teams to focus on technical insight rather than tool management.

About Computer Modelling Group Ltd.

Computer Modelling is a global software and consulting company that combines science and technology with deep industry expertise to solve complex subsurface and surface challenges for the new energy industry around the world. Computer Modelling is headquartered in Calgary, Alta., with offices in Houston, Oxford, Dubai, Bogota, Rio de Janeiro, Bengaluru, Kuala Lumpur, Oslo, Stavanger and Kaiserslautern.

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