Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”) today announced the completion of the sale of its subsidiary, VoIP Supply, LLC (“VoIP Supply”), effective June 30, 2025.

This transaction represents a key milestone in Sangoma’s ongoing strategic efforts to simplify its portfolio and sharpen its focus on core business areas. As previously disclosed in the Company’s second and third quarter fiscal 2024 results, Sangoma has been evaluating strategic alternatives to optimize its operations and concentrate resources on higher growth and higher margin segments such as unified communications (cloud, hybrid, and on-prem solutions), contact center, and communications platforms.

VoIP Supply operated in a segment that was increasingly non-core to Sangoma’s long-term vision. Following a thorough review, the Company determined that divesting this business was the appropriate strategic decision to allow for better alignment with its core mission and to enhance operational focus.

Sangoma secured approximately a 4x multiple on Adjusted EBITDA, reflecting a disciplined and financially prudent exit from a non-core asset. The proceeds from the sale will be used to reinvest in organic growth initiatives that support the Company’s evolving enterprise architecture, go-to-market strategy, and service-based transformation.

“This divestiture enables Sangoma to direct greater energy and investment into areas where we see significant opportunities for innovation, scalability, and growth,” said Charles Salameh, CEO of Sangoma. “It reflects our disciplined approach to portfolio management and our commitment to creating long-term value for shareholders.”

With this sale, Sangoma concludes its involvement in the VoIP hardware distribution segment, marking a deliberate pivot toward software-led, recurring revenue services that now comprise over 90% of the Company’s revenue mix heading into Fiscal 2026. Sangoma remains focused on empowering businesses with seamless, integrated communication technologies and expects the streamlined portfolio to support more effective execution across its strategic roadmap.

About Sangoma Technologies Corporation

Sangoma (TSX: STC; Nasdaq: SANG) is a leading business communications platform provider with solutions that include its award-winning UCaaS, CCaaS, CPaaS, and Trunking technologies. The enterprise-grade communications suite is developed in-house; available for cloud, hybrid, or on-premises deployments. Additionally, Sangoma’s integrated approach provides managed services for connectivity, network, and security.

A trusted communications partner with over 40 years on the market, Sangoma has over 2.7 million UC seats across a diversified base of over 100,000 customers. Sangoma has been recognized for ten years running in the Gartner UCaaS Magic Quadrant.

As the primary developer and sponsor of the open source Asterisk and FreePBX projects, Sangoma is determined to drive innovation in communication technology.

For more information, visit www.sangoma.com.

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