P2P Group Appoints Canadian Armed Forces Flag Officer, Rear-Admiral (Ret'd) Casper Donovan, to Advisory Board

Rhea-AI Summary

P2P Group (OTCQB:PPBGF) has appointed Rear-Admiral (Ret'd) Casper Donovan to its Advisory Board, strengthening its expansion into defence and national security sectors. Donovan brings 35 years of distinguished service in the Canadian Armed Forces, including roles as Deputy Commander of the Royal Canadian Navy and advisor to the Prime Minister's National Security Advisor.

The appointment specifically supports the commercialization of P2P's StealthWave spatial intelligence platform. Donovan's extensive experience includes leading the Royal Canadian Navy's future capabilities development and serving as Co-Executive Director of Canada's Public Inquiry into Foreign Interference. For his services, Donovan will receive 400,000 Warrants at CAD $0.20, expiring August 30, 2029.

Positive

• Appointment of high-profile military leader with extensive defense and national security experience
• Strategic alignment with company's defense sector expansion and StealthWave platform commercialization
• Addition of advisor with significant government and NATO experience

Negative

• Warrant issuance at CAD $0.20 could lead to potential dilution

(CSE: PPB / FSE: 3QG / OTCQB: PPBGF)
investor@p2p-group.com

Highlights:

• Former Deputy Commander of the Royal Canadian Navy; two-star flag officer with 35 years of service
  
  
• Led the development of Canada's future naval capabilities across platforms, systems, infrastructure, and digital innovation
  
  
• Acted in roles including Advisor to National Security Advisor to the Prime Minister, Chief of Staff within the NATO Training Mission Afghanistan, and Co-Executive Director of the Public Inquiry into Foreign Interference.

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VANCOUVER, BC, July 8, 2025 /PRNewswire/ - P2P Group Ltd. (CSE: PPB) (FSE: 3QG) (OTCQB: PPBGF) is pleased to announce the appointment of Rear-Admiral (Retired) Casper Donovan to its Advisory Board.

His appointment adds critical depth to the Company's expansion into the defence and national security sectors, particularly in support of the commercialisation of P2P's StealthWave spatial intelligence platform.

Originally from Montreal, QC, Rear-Admiral Donovan served for 35 years in the Canadian Armed Forces. His operational career spanned both the Atlantic and Pacific coasts, including command of His Majesty's Canadian Ship Vancouver and deployments in support of Canadian, Coalition and NATO missions, including service in Afghanistan.

Following a strategic appointment to the Privy Council Office supporting the National Security Advisor to the Prime Minister, Donovan was promoted to Flag rank in 2016. He was given the lead role in shaping the future of the Royal Canadian Navy. His mandate covered every critical element: surface and subsurface platforms, training, personnel, infrastructure, digital transformation and innovation.

In his most recent public appointment, Donovan served as Co-Executive Director of Canada's Public Inquiry into Foreign Interference. His leadership of the inquiry's operations was formally recognised by Commissioner Marie-Josée Hogue for its excellence and sound judgment.

Rear-Admiral Donovan holds a Bachelor of Politics and Economics and a Master of Defence Studies from the Royal Military College of Canada. He is a graduate of Canada's National Security Program, the U.S. Department of Defence CAPSTONE course, and Harvard's Senior Executives in National and International Security Program. Outside of defence and intelligence, he is a classically trained French chef (Le Cordon Bleu Culinary Institute) and founder of Bowline Insight and Analysis, Incorporated https://www.bowlineinc.ca/ .

For his services Mr Donovan or his nominee will receive 400,000 Warrants at CAD $0.20 expiring August 30, 2029.

About P2P Group

P2P Group is advancing intelligent environments through its proprietary Inturai AI signal sensing technology, transforming sectors including healthcare, defence, policing, emergency services, drones, smart homes, and industrial systems. By leveraging standard Wi-Fi and radio signals, Inturai delivers next-generation spatial intelligence without the need for invasive or specialist hardware. This breakthrough enables safer, smarter spaces across a range of high-impact use cases. To learn more, visit www.p2p-group.com.

This document contains certain forward-looking statements that are based on assumptions as of the date of this news release. Forward-looking statements are frequently characterised by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. All such forward-looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. The reader is cautioned that the assumptions used in the preparation of the forward-looking statements may prove to be incorrect and the actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits, including the amount of proceeds, the Company will derive therefrom. Readers are cautioned that the foregoing list of factors is not exhaustive. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

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SOURCE P2P Group Limited

FAQ

Who is Rear-Admiral Casper Donovan and why did P2P Group (PPBGF) appoint him?

Rear-Admiral Donovan is a former Deputy Commander of the Royal Canadian Navy with 35 years of service. P2P Group appointed him to support their expansion into defence and national security sectors, particularly for the StealthWave platform commercialization.

What compensation will Rear-Admiral Donovan receive for his advisory role at P2P Group (PPBGF)?

Donovan or his nominee will receive 400,000 Warrants at CAD $0.20 per share, with an expiration date of August 30, 2029.

What is Rear-Admiral Donovan's military and security experience?

Donovan served as Deputy Commander of the Royal Canadian Navy, advised the Prime Minister's National Security Advisor, served in NATO missions, and most recently was Co-Executive Director of Canada's Public Inquiry into Foreign Interference.

How does Rear-Admiral Donovan's appointment align with P2P Group's (PPBGF) business strategy?

His appointment strategically supports P2P Group's expansion into defence and national security sectors, particularly focusing on the commercialization of their StealthWave spatial intelligence platform.