Montréal Office Expansion Will Accelerate Innovation and Product Development for Behavox Customers Monday, June 29, 2020 Announcements Over the past few months, financial institutions around the world have had to quickly adjust to decentralized working environments. The current health crisis has disrupted the global economy and forced organizations to reassess their internal controls in the face of great uncertainty. Cloud technology has played a key role in helping firms remain agile and operate successfully despite these unique circumstances. While current shutdowns are temporary, the investment in SaaS solutions allows businesses to operate from virtually anywhere, permanently transforming where and how they work. As companies continue to reconcile their workplace paradigm, Behavox remains dedicated to helping our customers adjust by delivering modern SaaS-based compliance solutions. Today, we are especially thrilled to announce that we have decided to expand our Montréal, Quebec office as part of our efforts to fuel innovation, product development, and support for our customers during this challenging time. This $35 million partnership with Investissement Québec, Montréal International, and Ivanhoé Cambridge reflects our desire to increase our North American presence in one of Canada’s most innovative cities. Our state-of-the-art office space can house 400 employees and will serve as a key innovation hub for Behavox’s global business. Further, Montréal’s AI and machine learning development talent pool will enable continued hiring efforts across our engineering, data science, and product development teams. New team members will accelerate our data analytics capabilities and increase our ability to service customers’ growing need for flexible SaaS solutions that complement remote working norms. In addition, increasing our presence in Montréal creates better proximity to our growing Canadian customer base. Read about our new Montréal office and learn what our CEO Erkin Adylov thinks about this new office space in our full announcement.