Tranche Update on Firan Technology Group Corporation's Equity Buyback Plan announced on June 1, 2023.

Firan Technology Group Corporation is a Canada-based aerospace and defense electronics product and subsystem supplier. The Company supplies its products to customers around the globe. The Company operates through two units: FTG Circuits and FTG Aerospace. FTG Circuits is a manufacturer of printed circuit boards standard rigid products, High-density interconnect (HDI), RF circuitry, Thermal management, Rigid flex and assembly. FTG produces boards utilizing traditional PCB manufacturing processes and a licensed Averatek's A-SAPTM Semi-additive process. FTG Circuits customers are in the aviation, defense and space industries. FTG Aerospace designs and manufactures Avionic sub-system hardware, including backlit control panels and assembly, integrated switch panels, MCDU keyboards, primary display bezels, cursor control devices and advanced control panel assembly LRUs. The Division's products are utilized in flight and simulated devices in commercial aero and defense platforms.