Lanebury Growth Capital Ltd. announced appointment of Gary Sherlock to the Board of Directors of the Company, effective January 25, 2024. Mr. Sherlock is a chartered professional accountant (CPA, CA and CMA) with over 25 years of experience in the
executive leadership in both corporate and operational roles. He has previously served as chief executive
officer and co-CEO of Peer 1 Hosting, a Toronto Stock Exchange-listed Vancouver-based Internet infrastructure
provider. With his business partner Fabio Banducci, Mr. Sherlock repositioned the company strategically
upmarket, restructured the organization, expanded its operations both domestically and globally, and grew the
organization to over 500 employees while delivering best-in-class operating metrics. During his tenure at Peer
1, annualized revenues grew to $200-million and in January, 2013, Peer 1 was acquired by Cogeco Cable for
$650-million. Prior to joining Peer 1, Mr. Sherlock was vice-president, business development and controller, at BC Hydro
where he led a number of transformative initiatives, including implementation of a comprehensive risk management
framework and negotiated several strategic partnerships. Mr. Sherlock graduated with distinction from the University of Regina with a bachelor of Administration.