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Investor Presentaiton

Completing EBITDA Accretive Acquisitions DATE ACQUISITION SEGMENT GEOGRAPHY TOTAL UPFRONT TRANSACTION VALUE (in millions) EARNOUT Q2-22 Computex ITCS U.S. $38.0 $38.0 $0.0 EARNOOUT PAID n/a Q1-22 SimFront Learning Canada $15.0 $9.0 $6.0 YES (on track for 2) Q2-21 Dapasoft ITCS Canada $83.0 $50.0 (cash & shares) $33.0 (cash & shares) YES (on track for 2) Q2-21 InterTronic Advanced Technologies Canada $22.0 $13.0 $9.0 NO Q1-21 Cadence Consultancy Learning U.K. $3.5 $2.0 $1.5 YES (1 of 2) Q4-20 Tallysman Advanced Technologies Canada $24.5 $15.7 $8.8 YES Q4-20 EMSEC ITCS Canada $4.8 $3.0 $1.8 ΝΟ Q4-20 Comp. Training Solutions Learning Europe $2.0 $1.1 $0.9 YES Q2-20 Alio/Allphase Health Canada $26.5 $14.5 (cash & shares) $12.0 YES Q3-19 SatService Advanced Technologies Europe $16.0 $9.8 $6.2 ($0.9 net equity) NO Q1-19 IntraGrain Advanced Technologies Canada $17.0 $10.0 $7.0 ($1.0 escrow) ΝΟ Q4-18 Priority One Health Canada $1.1 $1.1 $0.0 n/a Q3-18 Secure Technologies ITCS Canada $4.2 $2.6 $1.6 YES (1 of 2) 27 27 Average EV/EBITDA multiple has been 5.5x-6.0x 40 YEARS OF CALIAN
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