| August 16, 2022

Computer Modelling Group Announces Officer Retirement

CALGARY, Alberta, August 16, 2022 – Computer Modelling Group Ltd. (“CMG”, “We”, “Our”, “Us” or the “Company”) (TSX:CMG) announces that James Erdle has elected to retire as Vice President, USA & Latin America of the Company, effective today. Mr. Erdle was a key team member at CMG for over 25 years and made significant contributions to CMG during his tenure. Pramod Jain, Chief Executive Officer, stated “CMG would like to thank Mr. Erdle for his leadership and impact on the organization over the years. We wish him the best in his retirement.” Mr. Jain will be assuming oversight of Mr. Erdle’s portfolio on an interim basis until Mr. Erdle’s successor is identified.

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