McCOY GLOBAL ANNOUNCES LEADERSHIP SUCCESSION

Executive Summary

• Jim Rakievich will retire as President and Chief Executive Officer effective May 14, 2026.
• The Board has appointed current COO Bing Deng to succeed him as President and CEO, with an expected nomination to the Board at the next AGM.
• The transition is presented as part of a deliberate succession plan aimed at maintaining strategic continuity and operational execution.

Key Details

• Retirement: Jim Rakievich, President & CEO since 2002, will retire on May 14, 2026.
• Successor: Bing Deng, currently Chief Operating Officer (appointed Jan 2024) and former Vice‑President, Sales & Marketing, will become President & CEO.
• Board Nomination: Mr. Deng is expected to be nominated for election to the Board of Directors at McCoy Global’s next Annual General Meeting of Shareholders.
• Tenure Highlights – Rakievich: Guided the company through strategic acquisitions, product portfolio expansion, and geographic growth into the U.S. and Eastern Hemisphere.
• Tenure Highlights – Deng: Joined McCoy >20 years ago; held senior roles across the organization; credited with advancing technology‑enabled solutions, strengthening global commercial platform, and driving operational initiatives that improved financial performance and shareholder returns.
• Board Statement: Chairman Terry Freeman thanked Mr. Rakievich for 25 years of service and expressed confidence in Mr. Deng’s ability to continue building momentum, focusing on disciplined growth, operational excellence, and sustained value creation.

Notable Quotes

“On behalf of the Board of Directors of McCoy Global I would like to thank Jim for his quarter century of service and leadership… we welcome Bing to his new role and many years of continued success,” – Terry Freeman, Chairman of the Board.