Ionik Announces Director Resignation

Rhea-AI Summary

Ionik (OTCQB: INIKF) announced that director Natasha De Masi resigned from the Board and the Governance and Compensation Committee, effective February 17, 2026. The Board now has four directors, three of whom are independent. Chairman Ben Colabrese was appointed to the Governance and Compensation Committee effective immediately. The company said it intends to consider appointing an additional director at the next annual general meeting of shareholders.

Toronto, Ontario--(Newsfile Corp. - February 18, 2026) - Ionik Corporation (TSXV: INIK) (OTCQB: INIKF) (dba "Ionik", or the "Company")  announces the resignation of Natasha De Masi from her position on the Board of Directors (the "Board"), effective February 17, 2026. Ms. De Masi has also stepped down from her role as a member of the Governance and Compensation Committee.

"On behalf of the Board of Directors and the Ionik management team, I would like to thank Natasha for her dedication and service," said Chairman Ben Colabrese. "We are grateful for Natasha's contributions as a member of the Board and the Governance and Compensation Committee, and wish her well in her future endeavors."

Following Ms. De Masi's departure, the Board is comprised of four directors, three of whom are independent. The Board has appointed Ben Colabrese to the Governance and Compensation Committee, effective immediately, to fill the vacancy created by Ms. De Masi's resignation. The Company intends to consider the appointment of an additional director at its next annual general meeting of shareholders.

About Ionik

Ionik, a Tier 1 Issuer on the TSX Venture Exchange, with shares also trading on the OTCQB Venture Market, is a technology-driven marketing and advertising solutions company that helps brands, advertisers, and publishers connect with their audiences through data-driven insights and advanced automation. By leveraging its extensive suite of integrated marketing technology, creative expertise, and proprietary first-party data, Ionik optimizes the entire customer acquisition and retention journey.

Ionik's platform unites Media Activation and Marketing Optimization through its AI-Powered Data Engine to create a seamless advertising ecosystem, helping businesses efficiently source, retain, and monetize their customers.

Additional information about the Company is available at www.sedarplus.ca.

Ionik Corporation
Sean Peasgood
Investor Relations
(647) 777-7564
Sean@SophicCapital.com

Jeff Collins
CFO/COO
(416) 583-5918
invest@popreach.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information
Certain information in this news release constitutes forward-looking statements and forward-looking information under applicable Canadian securities legislation (collectively, "forward-looking information"). Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions. Forward-looking information includes, but is not limited to, statements with respect to the business, financials and operations of the Company, statements with respect operational and financial growth strategy and anticipated success in customer adoption of the Company's products and services. Statements containing forward-looking information are not historical facts but instead represent management's expectations, estimates and projections regarding future events. Forward looking information is necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by the Company as of the date of this news release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements and future events to be materially different from those expressed or implied by such forward-looking information, including but not limited to assumptions relating to continued customer support for the Company's products and services, competition, the ability of the Company to innovate and advance its product and service offerings, general market conditions, exchange rate, global financial conditions, the ability of the Company to meet its liabilities as they become due, the ability of the Company to integrate and successfully capitalize on acquisitions, and the factors described in greater detail in the public documents of the Company available at www.sedarplus.ca. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. Investors are cautioned that undue reliance should not be placed on any such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284271

FAQ

Who resigned from Ionik's board and when did Natasha De Masi resign (INIKF)?

Natasha De Masi resigned from Ionik's board effective February 17, 2026. According to the company, she also stepped down from the Governance and Compensation Committee and the Board now has four directors.

What board changes did Ionik (INIKF) make after Natasha De Masi's resignation?

Ionik appointed Chairman Ben Colabrese to the Governance and Compensation Committee effective immediately. According to the company, this fills the committee vacancy and leaves the Board with four directors, three of whom are independent.

How many independent directors does Ionik (INIKF) have after the resignation?

After the resignation, Ionik's Board comprises four directors, with three classified as independent. According to the company, that composition reflects the current board makeup following Natasha De Masi's departure.

Will Ionik (INIKF) replace the departed director and when will that be decided?

The company intends to consider appointing an additional director at its next annual general meeting of shareholders. According to the company, any appointment will be evaluated and potentially decided at that shareholder meeting.

Does Natasha De Masi's resignation change Ionik's Governance and Compensation Committee membership?

Yes. Chairman Ben Colabrese was appointed to the Governance and Compensation Committee effective immediately to fill the vacancy. According to the company, this appointment replaces Natasha De Masi's committee role.