Carrier Connect Data Solutions strengthens leadership with corporate development appointment

Vancouver, British Columbia--(Newsfile Corp. - August 24, 2026) - Carrier Connect Data Solutions Inc. (TSXV: CCDS) (OTCQB: CCDSF) (WKN: A40XB1) (the " Company " or " Carrier "), a data center company on a mission to roll up Tier II/III data centers internationally that specialize in delivering co-location is pleased to announce the appointment of Mr. Aleem Nathwani to lead the Company's Corporate Development efforts, effective immediately.

Mr. Nathwani brings more than 20 years of private and public market experience, with a significant focus on the data center, cloud and technology sectors. Throughout his career, he has been involved with early-stage and growth-stage companies and has held a number of senior positions where he has played pivotal roles in business development, corporate development, commercialization and strategic partnerships.

At TELUS Communications (TSX: T), Mr. Nathwani was involved in the early development and commercialization of the company's data center portfolio, helping drive business development initiatives that contributed to the portfolio scaling to multi-million-dollar revenues.

Mr. Nathwani was also one of the earliest employees at Nutanix (NASDAQ: NTNX), a leader in cloud infrastructure, prior to its initial public offering. During his more than seven years with the data center technology company, he played key roles across business development, sales and channel partnerships during a period of significant growth. During his tenure, Nutanix raised in excess of $300 million in private capital and achieved a valuation in excess of $1 billion prior to becoming a publicly traded company.

Mr. Nathwani commented, "Carrier is at an exciting inflection point, with a significant pipeline of customer demand and a clear opportunity to expand its data center capacity to meet that demand. The Company has built a strong operational platform and an experienced team positioned to scale. I look forward to supporting Carrier's capital markets strategy, expanding key industry relationships and identifying strategic opportunities to accelerate growth and create long-term shareholder value."

Mark Binns, Chief Executive Officer of Carrier, commented, "The addition of Mr. Nathwani comes at an important time as we continue to scale the business and pursue our growth strategy. Aleem brings extensive experience across the public and private capital markets, along with a strong network of institutional investors, strategic partners and industry relationships. His experience in corporate development, capital formation and technology infrastructure will be highly valuable as we evaluate new opportunities, strengthen our access to capital and position Carrier for its next stage of growth. We are very pleased to welcome Aleem to the team."

The Company also announces that it has granted 100,000 incentive stock options (the " Options ") to Mr. Nathwani in accordance with its stock option plan. Such Options are exercisable at a price of $1.36 until August 21, 2036 of which 25,000 vest at six months following the date of grant, 25,000 vest at twelve months following the date of grant, 25,000 vest at eighteen months following the date of grant, and 25,000 vest at twenty four months following the date of grant, all subject to applicable hold periods.

About Carrier Connect Data Solutions Inc.

Carrier Connect Data Solutions' mission is to roll up Tier II/III data centers internationally that specialize in delivering co-location and data center solutions to AI companies, service providers, enterprises and small businesses. Data centers 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, Rochester NY and Perth, Australia, where it serves clients who use its facilities either as their primary data center or as an ancillary site depending on their needs.

ON BEHALF OF THE BOARD OF DIRECTORS

"Mark Binns"

Mark Binns, CEO

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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release.

Cautionary Statement Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "estimates", "intends", "anticipates", or "believes" or the negative connotation thereof. Such forward-looking information is based on numerous assumptions, including among others, that general business and economic conditions will not change in a material adverse manner. Although the assumptions made by the Company in providing forward-looking information are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate. Forward-looking information also involves known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/310882

TMX Newsfile

August 24, 2026 - 5:00 AM PDT

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