Optiva announced the appointment of a new CEO,CFO and CRO to spearhead the company’s future endeavours

John Giere, who served as Optiva’s President and CEO for the past two and a half years, has decided to step down from his role. Following a seamless transition period, Robert Stabile, the current Chairman of the Board, will take on the position of Interim CEO. Stabile, a member of Optiva’s board since 2017 and previously CFO of a high-growth fiber operator, brings invaluable industry knowledge and strong relationships with customers and employees to ensure a smooth leadership transition.

Expressing gratitude for John Giere’s leadership and significant contributions, Stabile emphasized the positive outlook for the company’s future, particularly in attracting interest from innovative MVNOs, digital brands, and emerging market entrants. Stabile enthusiastically looks forward to leading Optiva into its next phase of growth.

Reflecting on his tenure at Optiva, John Giere expressed his honor in working with a talented team and building a corporate foundation that has increased customer confidence, positioning Optiva favorably for the ongoing cloud transformation in the market. Giere assured a collaborative effort with the executive team, Robert Stabile, and the Board Members to ensure a successful transition.

In addition to the executive changes, Optiva is pleased to announce the appointment of Mary-Lynn Oke as Chief Financial Officer, effective July 1, 2023. Oke’s proven track record in financial and strategic management positions her well to manage Optiva’s financial operations and contribute strategically to the company’s continued growth.

Furthermore, Optiva welcomed Michele Campriani as Chief Revenue Officer in May 2023. With over 30 years of global telecom and software experience, Campriani brings valuable insights into industry trends and customer priorities. His expertise will support Optiva’s commitment to customer success, empowering them to capitalize on emerging technologies and market opportunities worldwide.

With these recent appointments and continued investment in products and talent, Optiva remains strongly positioned to seize growth opportunities. Stabile emphasized the company’s valuable asset base and clear path to success as the telecom industry accelerates its transition to the cloud. The Board and management are dedicated to executing Optiva’s significant potential for value creation.

About Optiva Inc. Optiva Inc. is a leading provider of mission-critical, cloud-native revenue management software for the telecommunications industry. Its globally delivered products empower service providers to maximize digital, 5G, IoT, and emerging market opportunities. Established in 1999 and listed on the Toronto Stock Exchange (TSX: OPT), Optiva Inc. helps businesses achieve success in the rapidly evolving telecom landscape. For more information, please visit www.optiva.com.

Caution Concerning Forward-Looking Statements Certain statements in this document may constitute forward-looking statements that involve known and unknown risks, uncertainties, and other factors, which may cause actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Please refer to the Company’s most recent Annual Information Form for a discussion of risks that could affect the company’s results. Optiva does not undertake any obligation or undertaking to release publicly any updates or revisions to forward-looking statements, except as required by law.

SOURCE Optiva Inc. For further information: Contacts: Media: Misann Ellmaker, media@optiva.com; Investor Relations: Ali Mahdavi, investors-relations@optiva.com

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