NowVertical Appoints Philip Jones as Chief Financial Officer

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TORONTO, Aug. 18, 2026 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSX-V: NOW) (“NowVertical” or the “Company”), a data and AI solutions and services provider, today announced a change in financial leadership, with Philip Jones being appointed as Chief Financial Officer.

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Prior to his appointment as CFO, Mr. Jones joined NowVertical in June 2026 as an advisor to management, providing strategic financial and capital markets support.

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In connection with Mr. Jones appointment as CFO, Christine Nelson has stepped down as CFO. Christine Nelson has been with NowVertical for four years, serving as Chief Financial Officer for the past two years, and has decided to resign from the Company for family reasons. Ms. Nelson will remain with the Company as an advisor until the end of August 2026. Over her tenure, Ms. Nelson built NowVertical’s financial reporting engine and was instrumental in its process to strengthen the Company’s balance sheet. The Company is deeply grateful for Ms. Nelson’s service and leadership through a period of significant change and integration, and wishes her every success in her future endeavors.

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Mr. Jones is a chartered professional accountant with more than 20 years’ experience as a CFO and senior financial leader across public and private companies. His experience includes overseeing finance, operations and administration through periods of rapid growth, transformation and international expansion, as well as working with institutional investors and supporting capital raises, M&A activity and successful exits.

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“Philip brings a valuable combination of hands-on CFO leadership and extensive capital markets experience,” said Andre Garber, Interim Chief Executive Officer of NowVertical. “Since joining as an advisor, he has developed a strong understanding of our business and priorities, and his experience will add important perspective to our financial and capital markets priorities. On behalf of the Company, I would also like to thank Christine for her dedication and important contribution to NowVertical over the past four years. We are sincerely grateful for her service and wish her the very best for the future.”

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About NowVertical Group Inc.

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NowVertical is a global data and analytics company which helps clients transform data into tangible business value with AI, fast. Offering a comprehensive suite of solutions and services, the Company enables clients to quickly harness the full potential of their data, driving measurable outcomes and accelerating potential return on investment. Enterprises optimize decision-making, improve operational efficiency, and unlock long-term value from their data using the Company’s AI-infused first-party and third-party technologies. The Company’s scalable AI-infused delivery model enables the business to efficiently deliver data, analytics and AI solutions and services across industries and geographies.

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For further details about NowVertical, please visit www.nowvertical.com.

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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 or accuracy of this release.

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For further information, please contact:

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