Clay McCreery elevated to President and Chief Operating Officer;
Ryan Nicometo named Chief Product Officer as company sharpens focus on
broadband access, video, and software-driven network solutions

VICTORIA, British Columbia: Vecima Networks Inc. (TSX: VCM) today announced executive leadership appointments designed to support the company’s next phase of growth across broadband access, video, and software-driven network solutions. The appointments strengthen Vecima’s leadership structure as operators accelerate the transition to AI-enabled, software-driven architectures and look for trusted partners to simplify operations, speed innovation, and deliver reliable, high-performance connectivity.

Effective immediately, Mr. Clay McCreery has been elevated from Chief Operating Officer to President and Chief Operating Officer. Mr. Sumit Kumar continues as Vecima’s Chief Executive Officer, focused on the company’s strategy, performance, and long-term growth.

In addition, Mr. Ryan Nicometo has been appointed Chief Product Officer, a newly created role designed to unify product strategy and execution across Vecima’s broadband access, content delivery, software, and analytics platforms. The role reflects the growing breadth of Vecima’s portfolio and the company’s expanding investment in software and analytics capabilities, including its Entra Intelligence initiative.

Mr. McCreery has served as Vecima’s Chief Operating Officer since 2020. He previously served as Chief Revenue Officer for Vecima, following Vecima’s acquisition of Concurrent in 2018, managing operations of the company’s Content Delivery & Storage business unit. Earlier in his career, he was Senior Vice President of Sales, North America, at ARRIS, where he helped integrate key acquisitions and supported market share growth in access technologies, DOCSIS® services, and content delivery.

During his tenure at Vecima, Mr. McCreery has overseen major strategic acquisitions, including the Nokia Cable Business and Falcon V Systems, helping position Vecima as a leader in fiber access, automation, and next-generation broadband solutions. Over the same period, Vecima has more than tripled total company revenue and grown to more than 600 employees globally.

“Clay’s appointment as President recognizes nearly a decade of exceptional performance and leadership,” said Mr. Sumit Kumar, Vecima Chief Executive Officer. “He has earned the confidence of our Board, senior management team, customers, and employees. In this expanded role, Clay will help lead Vecima into its next phase of growth, building on our strong foundation in broadband access and content delivery while continuing to execute with discipline, precision, and care for our customers.”

“I am honored to take on this expanded leadership role at such an important time for Vecima and our industry,” said Mr. McCreery. “Vecima stands apart because of its people, their innovation, and their commitment to helping customers around the world build better networks. I look forward to working with Sumit, Ryan, and the entire Vecima team as we continue this next chapter of growth.”

Mr. Nicometo most recently served as Vecima’s Senior Vice President and General Manager of Video and Broadband Solutions, overseeing product management, research and development, program management, manufacturing engineering, and supply chain operations. A 25-year veteran of the broadband service provider industry, Mr. Nicometo previously held senior leadership roles at ARRIS and Concurrent, spanning product management, engineering, and commercial strategy across access technologies, video delivery, and content distribution platforms. His experience integrating acquired technologies and aligning product portfolios across business units is central to the mandate of the newly created CPO role.

“Ryan brings deep product expertise, customer focus, and a proven track record of innovation to this expanded role,” said Mr. McCreery. “He has helped shape solutions designed for reliability, simplicity, and flexibility, and I am excited for him to bring that same product leadership across Vecima’s broader portfolio.”

“Vecima has built a unique portfolio spanning access hardware, cloud software, video delivery, and analytics, all backed by a team and customer relationships that are hard to replicate,” said Mr. Nicometo. “As CPO, my focus is on making sure that breadth translates into real value for our customers: simpler operations, faster deployments, and a platform they can grow with. I’m excited to work alongside Clay, Sumit, and the broader Vecima team to make that happen.”

About Vecima Networks

Vecima Networks Inc. (TSX: VCM) builds the intelligent infrastructure powering the next generation of connectivity. Through broadband access, content delivery, cloud-native software, automation, and AI-enabled solutions, Vecima helps service providers modernize cable and fiber networks, deliver exceptional broadband and video experiences, and operate more intelligent, efficient networks. As operators evolve toward AI-enabled, software-driven architectures, Vecima's platforms simplify operations, accelerate innovation, and enable the reliable, high-performance networks that connect homes, businesses, and communities around the world. Learn more at vecima.com.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words “believes”, “may”, “plans”, “will”, “anticipates”, “intends”, “could”, “estimates”, “expects”, “forecasts”, “projects” and similar expressions, and the negative of such expressions.

Forward-looking information in this news release includes, but is not limited to, statements respecting Vecima’s executive leadership appointments; the anticipated contributions of Mr. Clay McCreery and Mr. Ryan Nicometo in their expanded roles; Vecima’s ability to execute its strategy, support its customers, accelerate growth, expand its software-driven solutions, and deliver innovative broadband access, video, and network solutions; and the company’s expectations regarding future opportunities, performance, and long-term growth.

The forward-looking statements are based on Vecima management’s current expectations and assumptions about future events and are inherently subject to uncertainties and changes in circumstances and their potential effects. These statements speak only as of the date made, and there can be no assurance that future developments will be those that have been anticipated. A more complete discussion of the risks and uncertainties facing Vecima is disclosed under the heading “Risk Factors” in Vecima’s Annual Information Form dated September 25, 2025, as well as Vecima’s continuous disclosure filings with Canadian securities regulatory authorities available at www.sedarplus.ca. All forward-looking information herein is qualified in its entirety by this cautionary statement, and Vecima disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events, or developments, except as required by law.

Fonte: Business Wire