Carrier Connect CEO Binns owns 1.95 million shares

Executive Summary

• Mark Binns acquired 6,500 common shares in Carrier Connect Data Solutions Inc. on the secondary market for an aggregate price of $11,635.
• This acquisition increased Mr. Binns' beneficial ownership from approximately 7.67% to 7.70% of the issued and outstanding common shares.
• The report notes that Mr. Binns' ownership percentage previously fell by over 2% due to a company share issuance on Dec. 23, 2025, which diluted his stake without his action; he was exempt from early warning requirements at that time but may no longer rely on that exemption following this new acquisition.

Key Details

• Acquirer: Mark Binns (Vancouver, B.C.)
• Transaction Type: Acquisition of common shares on the secondary market.
• Shares Acquired: 6,500 common shares.
• Purchase Price: $11,635 aggregate.
• Pre-Transaction Holdings: 1,953,156 common shares and 870,000 stock options (representing ~7.67% of issued/outstanding shares, or 10.56% on a partially diluted basis).
• Post-Transaction Holdings: 1,959,656 common shares and 870,000 stock options (representing ~7.70% of issued/outstanding shares, or 11.11% on a partially diluted basis).
• Context of Dilution: Prior to this acquisition, Mr. Binns' ownership fell by over 2% due to a share issuance by the company on Dec. 23, 2025. He was exempt from early warning requirements under Section 6.1(2) of NI 62-103 at that time.
• Current Status: Mr. Binns may no longer rely on the exemption under Section 6.1(2) of NI 62-103 as a result of this acquisition.
• Purpose: Investment purposes.
• Filing: Early warning report to be filed on SEDAR+.