Mr. Sumit Kumar reports

VECIMA ANNOUNCES EXECUTIVE LEADERSHIP APPOINTMENTS TO SUPPORT NEXT PHASE OF GROWTH

Vecima Networks Inc. has made executive leadership appointments designed to support the company's next phase of growth across broadband access, video and software-driven network solutions. The appointments strengthen Vecima's leadership structure as operators accelerate the transition to AI-enabled (artificial intelligence), software-driven architectures and look for trusted partners to simplify operations, speed up innovation and deliver reliable, high-performance connectivity.

Effective immediately, Clay McCreery has been elevated from chief operating officer to president and chief operating officer. Sumit Kumar continues as Vecima's chief executive officer, focused on the company's strategy, performance and long-term growth.

In addition, Ryan Nicometo has been appointed chief product officer, a newly created role designed to unify product strategy and execution across Vecima's broadband access, content delivery, software and analytics platforms. The role reflects the growing breadth of Vecima's portfolio and the company's expanding investment in software and analytics capabilities, including its Entra Intelligence initiative.

Mr. McCreery has served as Vecima's chief operating officer since 2020. He previously served as chief revenue officer for Vecima, following Vecima's acquisition of Concurrent in 2018, managing operations of the company's content delivery and storage business unit. Earlier in his career, he was senior vice-president of sales, North America, at Arris, where he helped integrate key acquisitions and supported market share growth in access technologies, DOCSIS (data over cable service interface specification) services and content delivery.

During his tenure at Vecima, Mr. McCreery has overseen major strategic acquisitions, including the Nokia cable business and Falcon V Systems, helping position Vecima as a leader in fibre access, automation and next-generation broadband solutions. Over the same period, Vecima has more than tripled total company revenue and grown to more than 600 employees globally.

"Clay's appointment as president recognizes nearly a decade of exceptional performance and leadership," said Mr. Kumar, chief executive officer of Vecima. "He has earned the confidence of our board, senior management team, customers and employees. In this expanded role, Clay will help lead Vecima into its next phase of growth, building on our strong foundation in broadband access and content delivery while continuing to execute with discipline, precision and care for our customers."

"I am honoured to take on this expanded leadership role at such an important time for Vecima and our industry," said Mr. McCreery. "Vecima stands apart because of its people, their innovation and their commitment to helping customers around the world build better networks. I look forward to working with Sumit, Ryan and the entire Vecima team as we continue this next chapter of growth."

Mr. Nicometo most recently served as Vecima's senior vice-president and general manager of video and broadband solutions, overseeing product management, research and development, program management, manufacturing engineering, and supply chain operations. A 25-year veteran of the broadband service provider industry, Mr. Nicometo previously held senior leadership roles at Arris and Concurrent, spanning product management, engineering and commercial strategy across access technologies, video delivery and content distribution platforms. His experience integrating acquired technologies and aligning product portfolios across business units is central to the mandate of the newly created CPO role.

"Ryan brings deep product expertise, customer focus and a proven track record of innovation to this expanded role," said Mr. McCreery. "He has helped shape solutions designed for reliability, simplicity and flexibility, and I am excited for him to bring that same product leadership across Vecima's broader portfolio."

"Vecima has built a unique portfolio spanning access hardware, cloud software, video delivery and analytics, all backed by a team and customer relationships that are hard to replicate," said Mr. Nicometo. "As CPO, my focus is on making sure that breadth translates into real value for our customers: simpler operations, faster deployments and a platform they can grow with. I'm excited to work alongside Clay, Sumit and the broader Vecima team to make that happen."

About Vecima Networks Inc.

Vecima Networks builds the intelligent infrastructure powering the next generation of connectivity. Through broadband access, content delivery, cloud-native software, automation and AI-enabled solutions, Vecima helps service providers modernize cable and fibre networks, deliver exceptional broadband and video experiences, and operate more intelligent, efficient networks. As operators evolve toward AI-enabled, software-driven architectures, Vecima's platforms simplify operations, accelerate innovation, and enable the reliable, high-performance networks that connect homes, businesses and communities around the world.

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