Sangoma Announces Graduation to TSX

MARKHAM, ONTARIO, October 29, 2021 – Sangoma Technologies Corporation (“Sangoma”) (TSXV: STC), a trusted leader in delivering cloud-based Communications-as-a-Service (“CaaS”) solutions, is pleased to announce it has received approval for the listing of Sangoma’s common shares (the “Common Shares”) on the Toronto Stock Exchange (the “TSX”). The Common Shares will commence trading on the TSX effective as of the open of the market on November 1, 2021. Upon listing on the TSX, the Common Shares will continue to trade under the symbol “STC”. In conjunction with listing on the TSX, the Common Shares will be delisted from the TSX Venture Exchange upon the commencement of trading on November 1, 2021. “Graduating to the TSX is a major milestone for our company” said Bill Wignall, President and Chief Executive Officer of Sangoma. “Listing on the TSX is a confirmation of our progress and marks another important step on our journey, as we become a larger, ever more valuable company. Our growth is founded on synergistic M&A combined with organic expansion, and this up-listing will serve to increase the depth of the investor base interested in that model.” As of this morning, Sangoma has provided an updated company presentation on the Investor Relations section of its website at Sangoma. for shareholders and investors to review.