Absolute Software Welcomes New CFO and CISO to Executive Team

October 31, 2022 at 08:00 AM EDT

New Hires Bring Decades of Experience from Leading Companies Including Splunk, Rally Software, Citi and Imperva

Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced the appointments of Jim Lejeal as Chief Financial Officer (CFO) and Samir Sherif as Chief Information Security Officer (CISO).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221031005263/en/

Samir Sherif, Chief Information Security Officer at Absolute Software (Photo: Business Wire)

Jim is a seven-time CFO and demonstrated financial strategist with a passion for helping software businesses scale. At Absolute, he will oversee all global finance, accounting, financial reporting, audit, tax, investor relations, and capital planning functions beginning December 5, 2022. Jim has served in numerous financial leadership roles throughout his successful career, including helping VictorOps, through a successful acquisition by Splunk, scaling Sphero’s growth while balancing costs, and leading successful IPOs at Rally Software and Raindance.

“Jim has tremendous experience and understanding of SaaS businesses both operationally and strategically, which makes him the ideal individual to lead our finance function as we continue scaling the business and driving growth,” said Christy Wyatt, President & CEO of Absolute. “As we welcome Jim, I also want to thank Ron Fior for stepping in earlier this year as interim CFO. We’re grateful for the valuable contributions he made to Absolute’s business during this period of CFO transition.”

“I’m honored to join Christy and the Absolute team,” said Jim Lejeal. “Absolute’s unique self-healing, intelligent security solutions are highly regarded by its customers and are proving to be exactly what customers need as they build out resiliency strategies that complement their security frameworks. I look forward to joining Absolute and helping the company continue to deliver incredible value for customers and shareholders.”

Absolute also appointed Samir Sherif as CISO to oversee all aspects of global security, including cloud security, threat management, penetration testing, risk and compliance, security operations, as well as lead the company’s Customer Zero program. He brings more than two decades of experience in Information Security that includes brand names like Citi and General Electric. Samir most recently served as CISO at Imperva, where he significantly scaled the security team and led the development and deployment of a comprehensive security architecture that included everything from SecOps and GRC to risk management and adversarial simulation.

“Samir’s proven track record and security expertise at some of the world’s most renowned brands is a testament to the great addition he will be to our team, as we continue scaling and serving customers across a diverse set of markets,” added Wyatt. “His deep expertise in cybersecurity will be vital in protecting our technology and information assets as well as supporting the security and resilience our customers are building in their organizations.”

“We are in the midst of one of the most defining eras in history as it relates to cyber threats and driving innovation to address them,” said Samir Sherif, Chief Information Security Officer at Absolute. “Absolute’s privileged position in the firmware of more than 600 million devices allows us to deliver self-healing security capabilities, enabling today’s work from anywhere workforce with the power of cyber resilience that no other company can do. I could not be more excited to join the team at Absolute as we shape the future of cybersecurity.”

For more information about Absolute’s self-healing, intelligent security solutions, click here.

About Absolute Software

Absolute Software (NASDAQ: ABST) (TSX: ABST) is the only provider of self-healing, intelligent security solutions. Embedded in more than 600 million devices, Absolute is the only platform offering a permanent digital connection that intelligently and dynamically applies visibility, control and self-healing capabilities to endpoints, applications, and network connections - helping customers to strengthen cyber resilience against the escalating threat of ransomware and malicious attacks. Trusted by nearly 18,000 customers, G2 recognized Absolute as a leader for the eleventh consecutive quarter in the Fall 2022 Grid® Report for Endpoint Management and as a leader in the Grid Report for Zero Trust Networking.

©2022 Absolute Software Corporation. All rights reserved. ABSOLUTE and the ABSOLUTE logo are registered trademarks of Absolute Software Corporation or its subsidiaries. Other names or logos mentioned herein may be the trademarks of Absolute or their respective owners. The absence of the symbols ™ and ® in proximity to each trademark, or at all, herein is not a disclaimer of ownership of the related trademark.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221031005263/en/

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For more information:

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Becki Levine

press@absolute.com

858-524-9443

Investor Relations

Joo-Hun Kim

IR@absolute.com

212-868-6760

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