Calian Announces Normal Course Issuer Bid and Filing of Short Form Base Shelf Prospectus

OTTAWA, Ontario, Aug. 28, 2026 (GLOBE NEWSWIRE) — Calian Group Ltd. (“ Calian ” or the “ Company ”) (TSX: CGY) is pleased to announce that the Toronto Stock Exchange (the “ Exchange ” or “ TSX ”) has accepted a notice (the “ NCIB Notice ”) filed by the Company of its intention to make a normal course issuer bid (the “ NCIB ”). In connection with the NCIB, the Company has entered into an automatic share purchase plan (an “ ASPP ”) with its designated broker to allow for purchases of its common shares (the “ Shares ”).

Additionally, the Company today announces that it has filed its preliminary short form base shelf prospectus (the “ Shelf Prospectus ”) with the securities commissions in each of the provinces and territories of Canada. A copy of the Shelf Prospectus can be found on the Company’s directory on SEDAR+.

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Once final, the Shelf Prospectus will provide Calian with the flexibility to offer common shares, preferred shares, warrants, units, subscription receipts and debt securities, or combinations thereof, during the 37 -months period that it remains effective. Any offering would be subject to market conditions and described in a prospectus supplement, including the specific terms and intended use of proceeds.

“Calian remains committed to disciplined and balanced capital allocation,” said Will Majic, Acting CFO of Calian. “Renewing our NCIB and establishing a Shelf Prospectus enhances our financial flexibility and supports our long-term capital management strategy. While we have no current plans to issue securities under the Shelf Prospectus, maintaining access to a broad range of financing alternatives allows us to respond efficiently to future opportunities and evolving market conditions, while continuing to invest in growth and return capital to shareholders when appropriate.”

The NCIB Notice provides that the Company may, during the 12-month period commencing September 1, 2026 and ending August 31, 2027, or on such earlier date as Calian completes its purchases or provides notice of termination, purchase up to 994,301 Shares in total, representing approximately 10% of Calian’s public float of Shares as at August 18, 2026. As of the close of business on August 18, 2026 the Company had 11,518,313 Shares issued and outstanding. Except for block purchases permitted under the rules of the TSX, the number of Shares to be purchased per day will not exceed 9,797 which represents 25% of the average daily trading volume of the Shares on the TSX for the most recently completed six calendar months (being 39,191 Shares) prior to the TSX’s acceptance of the NCIB Notice.