Mr. Jim Rakievich reports

MCCOY GLOBAL ANNOUNCES LEADERSHIP SUCCESSION

Jim Rakievich, McCoy Global Inc.'s current president and chief executive officer (CEO), will retire from his role effective May 14, 2026. The corporation's board of directors has appointed Bing Deng, currently chief operating officer, to succeed Mr. Rakievich as president and CEO. In connection with this appointment, Mr. Deng is expected to be nominated for election to the board of directors at the corporation's next annual general meeting of shareholders. This leadership transition reflects a deliberate and well-established succession plan and underscores the board's commitment to continuity in strategy, culture and operational execution.

Mr. Rakievich was appointed president and CEO of McCoy Global in 2002 and has served as a member of the corporation's board of directors since that time. Over more than two decades of leadership, Mr. Rakievich guided McCoy through a period of significant evolution and growth, including key strategic acquisitions, the launch and expansion of the corporation's innovative product portfolio, and the successful expansion of operations into the United States and the Eastern Hemisphere. Beyond these achievements, Mr. Rakievich is widely respected for his unwavering integrity and relationship-driven leadership style. He has fostered a culture that is customer-centric, innovative and grounded in trust. This approach has been foundational to McCoy's strong reputation with customers, partners, employees and investors alike.

"On behalf of the board of directors of McCoy Global I would like to thank Jim for his quarter century of service and leadership to the people and shareholders of McCoy. There is no greater compliment to a leader than the successful preparation of a team and individuals to provide for leadership transition, and we welcome Bing to his new role and many years of continued success," said Terry Freeman, chairman of the board of directors.

Mr. Deng was appointed chief operating officer in January, 2024, following a successful tenure as vice-president, sales and marketing. Since joining McCoy more than 20 years ago, Mr. Deng has held progressively senior leadership roles across the organization and has been a key architect of McCoy's long-term strategic road map. Under Mr. Deng's leadership, McCoy has advanced its technology-enabled solutions, strengthened its global commercial platform and executed on operational initiatives that have meaningfully enhanced financial performance, profitability and market reputation. These initiatives have been central to the corporation's transformation and have supported strong shareholder returns. The board is confident that, as president and CEO, Mr. Deng will continue to build on this momentum, with a clear focus on disciplined growth, operational excellence and sustained value creation for shareholders.

About McCoy Global Inc.

McCoy Global is transforming well construction using automation and machine learning to maximize well bore integrity and collect precise connection data critical to the global energy industry. The corporation has offices in Canada, the United States and the United Arab Emirates, and operates internationally in more than 50 countries through a combination of direct sales and key distributors.

Throughout McCoy's 100-year history, it has proudly called Edmonton, Alta., Canada, its corporate headquarters. The corporation's shares are listed on the Toronto Stock Exchange and trade under the symbol MCB.

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