Venzee Technologies Inc. — Board/Management Information 2023

Oct 7, 2023

VENZEE TECHNOLOGIES INC. ANNOUNCES RESIGNATIONS OF PRESIDENT AND CEO AND DIRECTORS

Vancouver, British Columbia, Canada – October 6, 2023 - Venzee Technologies Inc. (TSXV: VENZ) (“ Venzee ” or the “ Company ”), today announces that Mr. John Abrams has provided notice of his resignation as director and President and Chief Executive Officer of the Company, effective as of September 30, 2023, and Mr. Tom Linden has provided notice of his resignation as director of the Company, effective as of September 30, 2023. Mr. Jeffrey J. Smith and Ms. Pamela Draper have been appointed as directors of the Company effective September 30, 2023 to fill the vacancies on the Company’s board of directors left by Mr. Abrams and Mr. Linden, and Mr. Peter Montross has been appointed as President and Chief Executive Officer of the Company, effective as of September 30, 2023, and in connection therewith has resigned as Vice President and Chief Operating Officer of the Company.

About Venzee Technologies Inc.

Venzee unlocks shareholder value by carrying out its mission to create intelligent technology that removes friction from the global supply chain. Its Mesh Connector™ product disrupts and displaces inefficient manual processes in favor of integrated, machine-driven solutions.

To learn more about the Venzee platform, visit venzee.com.

For further information contact:

Peter Montross

Venzee Technologies, Inc. peter.montross@venzee.com 503-320-8046

The TSX Venture Exchange (“ TSXV ”) has neither approved nor disapproved the contents of this news release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.