Principal Technologies Inc. would like to welcome Mr. Peter McKeown, who has been appointed Chief Financial Officer ("CFO") and Corporate Secretary of the Company effective March 6, 2023 replacing the Company's CFO and Corporate Secretary, Mr. Frank Stronach. Mr. McKeown has been involved in the start-up and growth of businesses throughout his 40 year career. He has served in various executive capacities including President, CFO and Director of many public companies, primarily in the oil & gas, mineral exploration and technology sectors.

He has been a Vice-President of Player Capital Corporation since 2011. Prior thereto he was the CFO of Axia Netmedia Corporation for over a decade. Peter obtained his CPA in 1980 while employed with KPMG.