BRIEF

on Caldwell Partners International, Inc. (CVE:CWL)

Caldwell Partners Appoints Ernst & Young as New Auditor

On January 7, 2026, Caldwell Partners International Inc., a firm specializing in talent acquisition, announced the appointment of Ernst & Young LLP as the new auditor, effective January 5, 2026. The decision follows a resignation request by the former auditor, KPMG LLP, which became effective on the same date. The change was part of a routine review, not due to any disagreements between Caldwell and KPMG.

The review process involved evaluating proposals from several leading accounting firms. Caldwell's CEO, Chris Beck, expressed confidence in EY's global reach and expertise, aligning with the company's international growth. Beck also acknowledged KPMG's years of service and high standards.

All necessary notifications and agreements regarding the auditor change have been completed, as verified by Caldwell's Board of Directors and available on SEDAR+.

R. E.

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