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Press Releases

2024

Vena Starts FY25 With Strong Growth, Continued Innovation and Industry Recognition 

Vena’s expanding customer base and impactful product launches highlight continued commitment to industry leadership and customer success TORONTO – September 12, 2024 – Vena, the only Complete Planning platform purpose-built to harness the full power of Microsoft 365, today announced a strong half to its fiscal year 2025, marked by significant growth, strategic customer acquisitions and continued innovation. Building on the success of FY24, Vena continues to solidify its leadership position in the Corporate Performance Management (CPM) industry. “Vena’s momentum and industry recognition showcase the extraordinary talent and commitment of our Vena team, along with the trust our customers continue to place in us,” said Hunter Madeley, CEO of Vena. “The milestones we’ve hit in the first half of FY25 are just the start. We’re on a mission to empower even more businesses with the innovative tools they need to plan for the future with confidence.” Highlights from FY25 H1 include: Growth Milestone: Vena achieved a significant milestone by surpassing $100 million USD in annual recurring revenue (ARR), earning the prestigious Centaur status. Product Innovation: Earlier this year, Vena launched Vena Copilot for FP&A, a complete planning AI assistant purpose-built for FP&A teams with Microsoft Azure’s generative AI technology. Vena Copilot is now available in North America, the U.K. and EMEA. Additionally, Vena launched Vena for Microsoft PowerPoint, the only planning product in market that allows users to interact, align and collaborate on their financial and operational data directly from within PowerPoint. These tools are significantly changing the planning capabilities of finance and operations teams across the globe. Industry Recognition: Vena earned multiple accolades, securing top positions in various analyst reports for product innovation, capabilities and customer satisfaction. These include being recognized for 11 consecutive years as a CPM industry leader by Nucleus Research, five Top Rated awards from TrustRadius, leadership recognition in IDC MarketScape's 2024 report and being honored with the TrustRadius Tech Cares Award for the fifth consecutive year. Partner and Customer Success: Vena hosted its inaugural Venny Awards, celebrating the achievements of its customers who have made significant strides in elevating finance and operations using Vena’s platform. Vena also launched its third preconfigured (PCS) solution in-market, "Vena for Senior Living" by Delbridge Solutions, further expanding its industry-specific solutions portfolio. Additionally, Vena welcomed 10 new Partners: Admiral Consulting Group Centri Business Consulting Clearview Group Partner ImpactIT Business Solutions Miracle Enterprise Solutions Inc. Monte Carlos Consulting Northix Solutions Ltd. Shortlist Match Taxvibes Zenith Global Solutions Growing and Engaged Community: The company expanded Vena Academy, offering free CPE/CPD online courses in technical and non-technical training in Microsoft 365+, FP&A mastery and Vena Complete Planning. In this last year alone, 5,419+ credits were issued through Vena Academy and the Vena Customer Training Team. The company also brought together finance and operations professionals and business leaders from around the world to Excelerate Finance 2024, its annual conference, which featured a sold-out in-person audience and garnered over ten thousand YouTube live views. Additionally, Vena marked a milestone by recording the 50th episode of its podcast, The CFO Show, solidifying its role as a hub for thought leadership and industry insights. Strategic Expansion: Vena expanded its global presence by opening a new office in India, a key achievement in the company’s continuous growth journey with the addition of a team that will accelerate the rollout of its full product roadmap, including generative AI features for FP&A teams. Leadership Development: Vena continues to strengthen its leadership team, with the promotion of Le Huong Truong to Chief Legal Officer, underscoring the company’s focus on nurturing top talent and driving strategic growth. Furthermore, Burzin Contractor's promotion to SVP, FP&A and Operations was a strategic move designed to unify the operations function with finance, positioning Vena to streamline its FP&A capabilities and extend the strategic influence of this core function. Looking ahead, Vena remains committed to continuing to deliver value to its customers through ongoing innovation and strategic partnerships. In line with this, Excelerate Finance 2025 will focus on community building, transforming the office of finance and empowering both FP&A professionals and the broader finance community to connect and shape the future of finance together. “Seeing how our Complete Planning platform helps our customers achieve great things and witnessing the real impact we’re making together is incredibly rewarding. We’re committed to supporting our community of finance and operations professionals and their success is what drives us forward,” added Madeley. About Vena Vena is the only Complete Planning platform purpose-built to harness the full power of the Microsoft technology ecosystem for FP&A teams and their collaborators. Vena amplifies Microsoft's world-leading productivity tools, cloud technology and AI innovation to make FP&A, operational planning and adjacent strategic processes more flexible, efficient and intelligent. Thousands of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com. Media Contact: For immediate inquiries or more details regarding our latest business news, please contact: Jonathan Paul Vice President, Content Marketing jpaul@venacorp.com

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Vena Receives Fifth Consecutive TrustRadius Tech Cares Award  

Vena is recognized for its outstanding corporate social responsibility (CSR) initiatives, setting an industry benchmark in B2B technology Toronto, ON – August 22, 2024 – Vena, the only Complete Planning platform purpose-built to amplify the power of Microsoft 365, is proud to announce that it has been honored with the TrustRadius Tech Cares Award for the fifth consecutive year. This award highlights Vena’s continued excellence in corporate social responsibility (CSR), reflecting the company’s unwavering commitment to customer success, community engagement and fostering a culture of empathy and inclusivity. The TrustRadius Tech Cares Award celebrates companies that have gone above and beyond to support employees and communities. Vena's recognition in 2024 is based on key areas of focus, including: Sustainability and the Environment: Vena’s Green Team drives eco-friendly efforts, from implementing biophilic design into their Toronto office (which is located in a recycled building), executing robust recycling and composting initiatives and maintaining a rooftop community garden. They also support community organizations such as St. Felix Respite Centre and Habitat for Humanity and have participated in group events, including World Clean Up Day and the CN Tower Climb. Volunteerism and Community Impact: Employees get one Volunteer Day per year to volunteer for any cause they support or can participate in company-sponsored volunteer days to foster team building and community service. Diversity, Equity and Inclusion (DEI): Vena’s DEI strategy is built around four pillars, which guide initiatives across recruitment, training and employee experience. Key programs include allyship education, forums on microaggressions and partnerships with external organizations such as the GetReal Movement. Vena also maintains transparency by sharing DEI findings with leaders and employees through its intranet and town halls. Employee Well-Being and Development: The Vena Cares employee resource group, which organizes initiatives such as Wellness Week, plays a key role in promoting overall well-being within the company. Additionally, Vena’s Mental Health employee resource group organizes events throughout the year, such as Learning Labs with mental health professionals and experts, mindfulness and meditation sessions, gratitude practices, stress reduction and journaling sessions. Each year, the team devotes the entire month of October to raising mental health awareness, raising its voices against stigma and cultivating support in the workplace. Support for Women in Technology: Sixty percent of Vena’s executive leadership team is comprised of women, far surpassing the industry average of 24% for women in tech C-suites. Vena's commitment to supporting women in technology is also exemplified by its Network for Women (N4W) employee resource group which helps foster a supportive and inclusive workplace. N4W empowers women through various initiatives, including meditation sessions, art installations and storytelling campaigns. The group celebrates Women's History Month and International Women’s Day with events such as social gatherings, film screenings and informative sessions. N4W also encourages physical well-being and team spirit through participation in events such as MudGirl, a women’s obstacle race. Educational Support Initiatives: Vena supports employee education through its Education Reimbursement Program, offered annually for career-relevant learning, including conferences, online courses and professional association fees. The program encourages diverse learning opportunities, even in areas outside of an employee's current role. Vena also partners with external providers such as Speaker Labs and Blue Rebel Works to deliver workshops and coaching, making it easier for employees to enhance their skills and maximize their education subsidy. “We’re incredibly proud to receive the TrustRadius Tech Cares Award for the fifth year in a row,” said Hunter Madeley, CEO of Vena. “This honor validates our deep commitment to our employees' mental health and well-being and recognizes the importance of giving back to the community. When we care for each other, we not only achieve success, but also make a real, positive impact in the world. This award inspires us to continue building programs and initiatives that support our employees both personally and professionally.” About Vena Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance, and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration, and insights. Over 1,800 of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com. Media Contact: For immediate inquiries or more details regarding our latest business news, please contact: Jonathan Paul Vice President, Content Marketing jpaul@venacorp.com

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Vena Partners With TrustArc To Demonstrate Effective Privacy and Data Governance 

Achieving TRUSTe Certification Reinforces Vena’s Leadership in Data Security and Customer Trust Toronto, ON – August 21, 2024 – Vena, the only Complete Planning platform purpose-built to amplify the power of Microsoft 365, proudly announces that it has selected TrustArc to help demonstrate its ongoing commitment to effective privacy and data governance with the TRUSTe Enterprise Privacy Certification. This certification is based on a comprehensive set of requirements governing data privacy management practices as outlined in the TRUSTe Enterprise Privacy & Data Governance Practices Assessment Criteria. Achieving this certification marks a significant milestone in Vena’s dedication to safeguarding customer data. “Vena strengthens its commitment to data security and privacy by partnering with TrustArc, a global leader in privacy compliance and data protection,” said Steve Browning, VP, Data Privacy & Corporate Security at Vena. “This certification reflects our commitment to stringent data privacy standards and best practices designed to ensure our customers’ information is handled with the utmost care.” TrustArc CEO Jason Wesbecher said, “We believe that a strong privacy management program is critical for companies to build customer trust and help ensure privacy compliance, and with its achievement of this certification, Vena is demonstrating its dedication to meeting best-in-class privacy standards.” To learn more about TrustArc’s privacy assurance programs, which enable organizations to demonstrate responsible data collection and processing practices aligned with regulatory expectations and privacy accountability standards, visit TrustArc. Click here to learn more about Vena’s Privacy Policy. About Vena Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance, and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration, and insights. Over 1,800 of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com. Media Contact: For immediate inquiries or more details regarding our latest business news, please contact: Jonathan Paul Vice President, Content Marketing jpaul@venacorp.com

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Vena Celebrates Prestigious Recognitions Across Three Industry Reports 

Top honors won by Vena’s Complete Planning Platform for usability, customer satisfaction and innovation Toronto, ON – August 19, 2024 – Vena, the only Complete Planning platform purpose-built to amplify the power of Microsoft 365, announced industry achievements and recognitions across two key market reports and one customer survey, reinforcing its leadership in the corporate performance management (CPM) space and commitment to powering finance and operations professionals’ productivity and strategic decision making. Vena Positioned as “Exemplary” in the Ventana Research Consolidate and Close Management Buyers Guide for 2024 Vena was named an “exemplary” leader in the financial close and financial consolidation industry in the 2024 Ventana Research Consolidate and Close Management Buyers Guide. The guide provides a detailed analysis of software solutions for streamlining and optimizing the financial close process, evaluating vendors based on their reconciliation, consolidation, journal entry and reporting processes. This recognition highlights Vena's standout performance across these key metrics, solidifying its position as a top choice for enterprises seeking planning solutions. "We are proud to be acknowledged as a leader in financial close and consolidation by Ventana Research," said Hugh Cumming, Chief Technology Officer at Vena. "This validation reaffirms our commitment to providing exceptional usability, customer experience and value to our clients. Our position as a leader among both core competitors and industry giants highlights the strength and strategic value of our solutions." For more on this recognition, read the full press release. Vena Positioned as Leader in All Categories in the 2024 Dresner Wisdom of Crowds EPM Market Study Vena has been recognized as a leader in all three major categories in the 2024 Dresner Wisdom of Crowds® EPM Market Study: Overall Experience Leader in the Customer Experience Model, Credibility Leader in the Vendor Credibility Model and a High Value/Low TCO Leader in the EPM Value/TCO Model. This is an annual benchmark providing insights into user experiences and perceptions of Enterprise Performance Management (EPM) software and services. It offers valuable data for vendors and potential customers to understand market trends and vendor performance. “This recognition by Dresner Advisory Services is a validation of our dedication to delivering superior FP&A solutions that empower our customers to drive business agility and resilience,” said Cumming. “We are honored that experts continue to recognize Vena’s innovation and leadership in enterprise performance management. We remain committed to providing customers with a high-value, low-cost solution that’s powerful and user-friendly.” Read the full press release for additional information. Vena Achieves Outstanding Recognition in G2 Summer 2024 Report, Earning 20 Badges Across Multiple Categories Vena has received 20 badges across various categories in the latest G2 Summer 2024 Report, highlighting the company's dedication to providing finance and operations professionals with a flexible and easy-to-use Excel-based FP&A platform. This report is a comprehensive evaluation of software and service providers based on user reviews and data. It provides valuable insights for buyers seeking the best solutions for their business needs. "We are immensely proud to be recognized with these badges in the G2 Summer Report," said Hunter Madeley, CEO at Vena. These rankings reflect the trust and confidence our customers have in us. We continue to focus on creating a user-friendly, flexible and intuitive Complete Planning platform to drive the success of our customers, and we’re extremely grateful for the perspective they share through G2 and other review sites." Explore the full details of Vena’s G2 Summer Report achievements in this press release. Additional recognitions and achievements Vena has recently received include: Top Leader in the 2024 Business Application Research Center (BARC) Planning Survey Top Rated by TrustRadius in 2024 Leader by G2 Mid-Market Leader by IDC MarketScape Challenger in The Hackett Group EPM Digital World Class Matrix Technology Innovation Honors from Dresner Advisory Services CPM Industry Leader for the 11th straight year by Nucleus Research About Vena Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance, and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration, and insights. Over 1,800 of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com. Media Contact: For immediate inquiries or more details regarding our latest business news, please contact: Jonathan Paul Vice President, Content Marketing jpaul@venacorp.com

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Vena Positioned as “Exemplary” in the Ventana Research Consolidate and Close Management Buyers Guide 

Complete Planning platform excels in usability, customer experience, TCO/ROI and validation categories TORONTO – August 8, 2024 – Vena, the only Complete Planning platform purpose-built to amplify the power of Microsoft 365, has been named a leader in the Ventana Research Consolidate and Close Management Buyers Guide. This prestigious recognition highlights Vena's standout performance across key metrics, solidifying its position as a top choice for enterprises seeking financial planning solutions. The findings of the Buyer's Guide are drawn from a comprehensive, research-based analysis of product and customer experience categories that best represent how an enterprise should evaluate software providers. This recognition underscores Vena's leadership position among core competitors and aligns Vena with industry giants, including SAP, Oracle and Board. "We are honored to be recognized as a leader in financial close and consolidation by Ventana Research," said Hugh Cummings, Chief Technology Officer at Vena. "This validation reaffirms our commitment to providing exceptional usability, customer experience and value to our customers. Our position as a leader among both core competitors and industry giants highlights the strength and strategic value of our solutions." Vena’s key achievements include: #1 in Usability: Vena excels in usability, a critical evaluation metric that indicates whether the product can be effectively adopted by designated workers within the enterprise. This high ranking is attributed to Vena’s intuitive user experience, integration of AI and machine learning and adaptability to the diverse competencies of an enterprise’s workforce. Leader #3 in Customer Experience: Vena has demonstrated a strong commitment to its customers’ needs, earning the third spot in customer experience. This ranking reflects Vena's dedication to communication and support throughout the customer journey. Leader #3 in TCO/ROI: Vena's strategic value is evident in its ability to demonstrate low total cost of ownership (TCO) and high return on investment (ROI). This ranking assesses how effectively Vena provides the tools and documentation necessary for customers to evaluate TCO and ROI. Leader #3 in Validation: Vena's ability to support customers throughout the lifecycle of using its products has earned it the third spot in validation. This category evaluates Vena's commitment to customer experience, leadership, processes and systems across both front and back-office functions. "Advances in AI make dedicated consolidation and close software crucial, especially with the growing complexity of accounting standards and tax laws. Consistent processes, continuous improvement mindset and specialized software are essential for maintaining productivity and resilience in finance departments,” said Robert Kugel, Executive Director, Business Research Ventana Research, Now Part of ISG. “Vena’s top rankings in usability, customer experience and TCO/ROI reflect their commitment to delivering a comprehensive and effective planning solution. Their performance across these critical areas demonstrates their ability to support and partner with customers throughout their journey." About Vena Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration and insights. Over 1,800 of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com. Media Contact: Jonathan Paul Vice President, Content Marketing jpaul@venacorp.com

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Vena Positioned as Leader in All Categories in the 2024 Dresner Wisdom of Crowds EPM Market Study 

Complete Planning platform earns top marks for customer experience, vendor credibility and enterprise performance management (EPM) value/total cost of ownership (TCO) model Toronto, August 7, 2024 – Vena, the only Complete Planning platform purpose-built to amplify the power of Microsoft 365, announced its exceptional performance in the 2024 Dresner Wisdom of Crowds® EPM Market Study. Vena has been recognized as a leader in all three major categories: Overall Experience Leader in the Customer Experience Model, Credibility Leader in the Vendor Credibility Model, and, new for 2024, a High Value/Low TCO Leader in the EPM Value/TCO Model. Vena was ranked among top platforms that deliver best-in-class EPM solutions, including advanced analytics and reporting tools designed specifically for finance professionals. This achievement can be attributed to Vena’s strengths in sales professionalism, product knowledge, flexibility, accommodating business practices, favorable contractual terms and conditions and product customization and extensibility. Vena’s perfect recommendation score further underscores its reliability and credibility as a trusted partner for FP&A leaders. “This recognition by Dresner Advisory Services is a validation of our dedication to delivering superior FP&A solutions that empower our customers to drive business agility and resilience,” said Hugh Cumming, Chief Technology Officer at Vena. “We are honored that experts continue to recognize Vena’s innovation and leadership in EPM. We remain committed to providing customers with a high-value, low-cost solution that’s powerful and user-friendly.” “Our market study provides in-depth research and reporting on key industry and technology topics, including user trends, perceptions and intentions,” said Howard Dresner, Chief Research Officer at Dresner Advisory Services. "Vena showed key improvements for product, technical support and value, and is best-in-class in a number of areas. We congratulate them on their excellent performance, based solely on customer input, in this year's study." This accolade is the latest in a series of prestigious recognitions, including: Being named a mid-market leader by IDC. Receiving the Hackett Group EPM Digital World Class Matrix award. Earning a Dresner Technology Innovation award for Financial. Consolidation, Close Management and Financial Reporting. Recognized by Nucleus Research as a CPM Industry Leader for the 11th straight year. Vena was also named a leader in 34 categories and received 17 top ranks in the annual Planning Survey conducted by the Business Application Research Center (BARC), highlighting the company’s excellence in the planning, budgeting and forecasting software industry. To download a copy of the report, visit here. About Vena Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration and insights. Over 1,800 of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com. Media Contact: Jonathan Paul Vice President, Content Marketing jpaul@venacorp.com

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Customers Share Their Experience in G2’s Summer 2024 Report, Earning Vena 20 Badges Across Multiple Categories 

G2 categories recognizing Vena include Corporate Performance Management (CPM) Software, Budgeting and Forecasting Software, Financial Close Software, Sales Performance Management Software and more Toronto, ON – July 18, 2024 – Vena, the only Complete Planning platform purpose-built to amplify the power of Microsoft 365, announced its achievements in the latest G2 Summer 2024 Report, a quarterly market report that breaks down the latest trends in B2B software based on authentic user reviews and G2 research expertise. Vena has received 20 badges across various categories, highlighting the company's dedication to providing finance and operations professionals with a comprehensive CPM platform natively integrated with Microsoft 365. In recent reviews, customers praise Vena for its "versatility of implementation," "user-friendly integration with existing Excel models," and its ability to "simplify processes and improve efficiency," especially in financial reporting and analysis. The opinions of customers emphasize Vena’s strong performance and customer-centric approach, providing users with a robust suite of products and services. Vena’s key achievements include: #1 Mid-Market Grid® Report for Financial Analysis #1 Mid-Market Grid® Report for Budgeting and Forecasting #1 Grid® Report for Financial Analysis #2 Enterprise Usability Index for Compensation Management #2 Grid® Report for Budgeting and Forecasting #3 Relationship Index for Sales Planning #3 Grid® Report for Sales Planning "We are immensely proud to be recognized with these badges in the G2 Summer report," said Hunter Madeley, CEO at Vena. "These rankings are more than just numbers to us; they reflect our customers' trust in us. Our team’s dedication to creating a user-friendly, flexible and intuitive Complete Planning Platform continues to drive our success and the success of our customers." In addition to the G2 Summer 2024 Report achievements, other recent Vena recognitions include: Top Leader in the 2024 Business Application Research Center (BARC) Planning Survey Top Rated by TrustRadius in 2024 Leader by G2 Mid-Market Leader by IDC MarketScape Challenger in The Hackett Group EPM Digital World Class Matrix Technology Innovation Honors from Dresner Advisory Services CPM Industry Leader for the 11th straight year by Nucleus Research About Vena Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration and insights. Over 1,800 of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com. Media Contact: Jonathan Paul Vice President, Content Marketing jpaul@venacorp.com

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Vena Achieves Elite Centaur Status Crossing $100M USD in Annual Recurring Revenue 

Vena’s growing and passionate customer base sets the stage for continued value creation and market leadership Toronto, ON – July 11, 2024 – Vena, the only Complete Planning platform purpose-built to amplify the power of Microsoft 365, announced it has surpassed $100 million USD in annual recurring revenue (ARR). This accomplishment earns Vena the prestigious status of Centaur, first introduced by Bessemer Venture Partners to recognize privately held SaaS companies that have reached $100 million USD in ARR. According to Bessemer's 2023 State of the Cloud report, Centaurs are an "elite subset" of unicorns, signifying exceptional product-market fit, a scalable go-to-market strategy and a loyal customer base. Compared to the over 1,000 private companies ever valued at $1 billion or more, achieving Centaur status is seven times rarer, reflecting Vena's strong business maturity and market validation. “Achieving this designation represents an exciting milestone on the amazing journey we’re enjoying with our customers and partners as we transform the office of finance and empower FP&A teams everywhere. From our founding days, we’ve believed that the most impactful organizations in the world have always been those that best leverage the power of data and their people in pursuit of a clear and meaningful mission. Our platform makes that possible and we are so grateful to have played our part in the success our customers realize every day,” said Hunter Madeley, CEO at Vena. “This achievement reflects the deep and abiding commitment of our employees as we build a culture and company focused on helping our customers plan to grow. We still have so much more to do, but it’s nice to take a beat and celebrate this latest milestone together.” Vena continues to prioritize the success of its customers and understands the challenges faced by modern FP&A teams balancing the need for operational excellence with the responsibility to deliver critical insights and strategic support across the organization. The recent release of Vena CoPilot for FP&A means finance and operations teams are better positioned than ever to support and guide their organizations. Over the past year, Vena has achieved several distinguished milestones that have set the stage for continued growth and customer value, including: Growing and Engaged Community: Curating leading voices in finance and business leadership for The CFO Show, an industry-leading podcast hosted by Vena CFO Melissa Howatson to elevate the conversation for C-suite executives and aspiring finance and business leaders. Additionally, the company expanded Vena Academy, offering free CPE/CPD online courses in technical and non-technical training in Microsoft 365+, FP&A mastery and Vena Complete Planning. In this last year alone, 5,419+ credits were issued through Vena Academy and the Vena Customer Training Team. The company also brought together over 300 finance and operational professionals at this year’s Excelerate Finance 2024. Customer and Analyst Recognition: Being named a Top Leader in the 2024 Business Application Research Center (BARC) Planning Survey, Top Rated by TrustRadius in 2024, a Leader by G2 and a Mid-Market Leader by IDC MarketScape. Vena has also been identified as a Challenger in The Hackett Group EPM Digital World Class Matrix and has received Technology Innovation Honors from Dresner Advisory Services. Additionally, Vena has been recognized as the CPM Industry Leader for the 11th straight year by Nucleus Research. One of the outcomes of steadfastly focusing on creating value for its customers is that Vena has benefited from strong, predictable growth, which in turn, has allowed the company to meaningfully invest in its platform and community to support its growing customer base. “This chart tracking our Annual Recurring Revenue base by quarter is one of our favorites because it keeps us grounded in doing right by our customers and by our culture every day," said Madeley. “This significant milestone highlights the power of our platform and the scalability and adaptability of our solutions,” added Hugh Cumming, Chief Technology Officer at Vena. “It’s a testament to our team’s dedication to delivering user-friendly, reliable solutions that truly meet the evolving needs of our customers. This milestone paves the way for even more innovative advancements as we continue to empower finance professionals worldwide.” For more information about Vena and its journey to Centaur status, please visit www.venasolutions.com. About Vena Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration and insights. Over 1,800 of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com. Media Contact: Jonathan Paul Vice President, Content Marketing jpaul@venacorp.com

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Vena Named Top Leader in 2024 BARC Planning Survey 

Recognized in 34 categories and achieved 17 top ranks, highlighting industry-leading innovation and efficiency in project length, product satisfaction and customer satisfaction for FP&A teams Toronto, June 25, 2024 – Vena, the Complete Planning platform loved by finance and trusted by business, has achieved outstanding recognition in the annual Planning Survey conducted by the Business Application Research Center (BARC). Vena was named a leader in 34 categories and received 17 top ranks, highlighting the company’s leadership and excellence in the planning, budgeting and forecasting software industry. Vena was evaluated across a range of key performance indicators (KPIs), including Project Length, Price to Value, Product Satisfaction, Customer Satisfaction and Workflow. The results illustrate Vena’s strengths extending beyond product capabilities, into project efficiency, business value, exceptional support and innovation, providing unparalleled benefits to its customers. Highlights from the report include: Project Length: Vena outperformed its peers with an impressive 52% of projects completed in under three months, showcasing its capability to swiftly deploy solutions and deliver immediate value to organizations. Product Satisfaction: Vena secured the number one rank in product satisfaction, with 100% of surveyed users expressing their satisfaction with the platform. The flexibility and familiarity of Vena’s tools contribute significantly to this high satisfaction rate, demonstrating the company’s commitment to user-centric design and functionality. Customer Satisfaction: Vena’s tools also earned a top rank for customer satisfaction. Users appreciate the seamless integration with familiar tools like Excel, which enhances usability and efficiency. Price to Value: Vena delivers exceptional value for money, with 90% of surveyed users rating its pricing as excellent or good. This underscores Vena’s dedication to offering cost-effective solutions that provide significant value, making it a compelling option for organizations looking to enhance their financial planning capabilities affordably and effectively. “This prestigious recognition is a testament to the hard work and dedication of our entire team at Vena and it reflects our ongoing commitment to providing our customers with the best possible product and support,” said Hugh Cumming, Chief Technology Officer at Vena. “We are especially proud of our top ranks in project length and customer satisfaction as they highlight our ability to deliver fast, effective solutions that truly meet our customers' needs. Our relentless focus on innovation and efficiency is what drives us forward in the FP&A industry.” “Vena’s excellent rankings in project length, product satisfaction and customer satisfaction highlight the company’s dedication to excellence and customer success,” said Dr. Christian Fuchs, Senior Analyst Data & Analytics at BARC. “The positive customer feedback in our survey proves Vena's ability to implement projects quickly and effectively while ensuring a high level of satisfaction.” The Planning Survey 24 validates Vena’s leadership in the FP&A industry, showcasing its ability to deliver high customer satisfaction and exceptional project efficiency. This recognition adds to Vena’s accolades, including: Being named an IDC Mid-Market Leader Receiving the Hackett Group EPM Digital World Class Matrix Award Winning the Dresner Technology Innovation Award for Financial Consolidation, Close Management, and Financial Reporting Recognized by Nucleus Research as a CPM Industry Leader for the 11th consecutive year The Planning Survey 24 is based on the world’s largest survey of planning software users conducted from November 2023 to February 2024, with 1,272 respondents and analysis of 21 products. It evaluates user feedback on 33 criteria (KPIs), such as Business Benefits, Project Success and Customer Satisfaction. To download a copy of the report, visit here. About Vena Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration and insights. Over 1,800 of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com. Media Contact  Jonathan Paul  Vice President, Content Marketing  jpaul@venacorp.com

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Vena Expands Global Presence With New Office in India 

Strategic growth enhances Vena's ability to drive AI innovation and deliver advanced FP&A solutions to customers worldwide Toronto - June 20, 2024 – Vena, the Complete Planning platform loved by finance and trusted by business, today announced the expansion of its Product & Technology (P&T) team with a new office in Indore, India. This strategic move underscores Vena's commitment to expanding its global footprint and marks a significant milestone in the company’s continuous growth and development. With the addition of the Indore team, Vena will accelerate the delivery of its entire product roadmap, including its generative AI features for financial planning and analysis (FP&A) teams. Recently, Vena introduced Vena Copilot for FP&A, which harnesses Microsoft Azure Open AI technology for Complete Planning. The expanded team will support the addition of new features and functionality to these innovative products, reinforcing Vena’s commitment to delivering tailored solutions that address the evolving needs of finance and operations teams. "We are delighted to bring the brightest minds across the globe together to drive the next generation of our Complete Planning platform," said Hugh Cumming, Chief Technology Officer at Vena. “The expansion of our P&T team in India enables us to deliver tailored solutions on a global scale and enhances our ability to offer improved customer support across additional time zones. We look forward to the exciting developments this team will bring to our product portfolio." While Vena’s initial focus is on establishing a strong Product & Technology (P&T) presence, the company recognizes the broader talent potential in Indore and has a long-term vision to expand other teams there. Taking a phased approach, Vena plans to leverage the talent pool in Indore strategically while ensuring a smooth integration of new P&T team members into the existing global organization. This strategic growth supports Vena’s objective of driving customer satisfaction and market differentiation, enabling rapid responses to market demands and ensuring competitive, effective product offerings. Vena now has three global offices in Toronto, Canada (headquarters), London, U.K. and Indore, India, in addition to a growing distributed workforce across the United States and the European Union. About Vena Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration and insights. Over 1,800 of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com. Media Contact  Jonathan Paul  Vice President, Content Marketing  jpaul@venacorp.com

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Vena Honors Trailblazers in Finance and Operations With Inaugural Venny Awards

Honorees recognized for excellence in finance and operations who have achieved success in their field, elevated their function and propelled overall business performance We're proud to reveal the winners of the inaugural Venny Awards, the first global awards program recognizing excellence in strategic finance and operations. “The Venny Awards celebrate visionary leaders who have demonstrated innovation, efficiency and success in leveraging Vena's platform to drive organizational growth and transformation,” said Hunter Madeley, CEO of Vena. “We’re delighted to recognize those who are not just embracing next-generation technologies, but who are actively driving it forward, shaping the future of their organizations and inspiring others along the way.” The Venny Awards, comprised of five categories and presented at this year’s Excelerate Finance 2024 conference, were awarded to the following winners: Financial Modeling Mastery Award: Acknowledges individuals who leveraged Vena's platform to boost operational agility and resilience through advanced financial modeling techniques. Winner: Christine Harms, currently Controller at Coyotes. During her time at Arizona Cardinals, Harms’ efforts in adopting and optimizing Vena for budgeting, account reconciliation and expansion planning demonstrated exceptional skill in leveraging technology to boost operational agility and resilience. Financial Insights Innovator Award: Recognizes individuals who have demonstrated exceptional use of Vena's analytics and AI capabilities to generate groundbreaking financial insights that transform strategic decision making. Winner: Jeff Culp, Senior VP and CFO of Business Transformation at Liberty Bank. Culp’s role in building a solid financial planning and analysis (FP&A) foundation and leveraging technology for executive support significantly contributed to Liberty Bank's strategic readiness for growth. Excellence in Complete Planning Award: Celebrates leaders who have mastered the integration of financial and operational planning to drive strategic insights and enhance organizational agility. Winner: Cormac Doyle, Director of Software Applications at Greystar Management Services, LP. Doyle led Greystar's transition, from 13 separate budgeting platforms to a streamlined, dynamic Vena solution, improving their operational efficiency and scalability. His professional endeavors enhanced organizational agility and set a new benchmark for operational excellence in the industry. Strategic Integration Partner Award: Recognizes Vena Partners for their outstanding integration of Vena's Complete Planning platform with business systems, significantly enhancing the strategic capabilities of the Office of Finance. Winner: ProLytics Consulting Group, accepted by William Liang, Managing Director. As a dedicated Vena Partner and market leader in extending the Vena Platform with their preconfigured solution designed to transform the operational and strategic agility of law farms, ProLytics’ partnership and innovative use of PowerBI integration extended customer value and enhanced strategic capabilities for businesses globally. Excellence in Financial Leadership Award: Honors leaders who have exemplified outstanding achievement in driving transformation to elevate the strategic office of finance and improve business performance. Winner: Pat Jones, Senior Vice President, Corporate Controller at PetIQ, LLC. Jones’ strategic approach to adopting and leveraging Vena for financial consolidation and modeling showcases great achievement in driving transformation and elevating the strategic office of finance. Looking ahead as the Venny Awards continue to grow and evolve, the program will welcome nominations from individuals beyond the Excelerator Community to foster wider recognition of excellence. Additionally, there will be a formal nomination process and new award categories announced. Missed Excelerate Finance 2024? Watch it on demand now.

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Vena Named a Leader in IDC MarketScape: Worldwide Enterprise Planning, Budgeting and Forecasting Applications for Mid-Market Organizations 2024 

Toronto, ON - May 23, 2024 - Vena, the Complete Planning platform loved by finance and trusted by business, has been recognized as a Leader in the IDC MarketScape: Worldwide Enterprise Planning, Budgeting and Forecasting Applications for Mid-Market Organizations 2024 Vendor Assessment (doc # US52022623, May 2024). The IDC MarketScape report evaluates the leading software providers in the financial planning & analysis (FP&A) market. Analysts assess each vendor's capabilities and strategies, offering insights into their performance, strengths and market positioning, to help mid-market organizations make informed decisions about their planning, budgeting and forecasting software needs. "At Vena, we are dedicated to equipping our customers with the tools and resources they need to drive success and achieve their financial goals," said Hugh Cumming, Chief Technology Officer at Vena. “This recognition as a Leader in the IDC MarketScape for enterprise planning, budgeting and forecasting applications validates our commitment to delivering exceptional value to our customers through our seamless integration with Microsoft applications, robust Partner ecosystem, client support services and industry-specific solutions." Vena's platform leverages an in-memory Online Analytical Processing (OLAP) architecture and relational, online transaction processing (OLTP) database, offering advanced analytics and efficient data processing. The architecture supports high-performance data management and complex calculations, making it ideal for comprehensive and cross-functional planning, budgeting and forecasting. This technical foundation enhances Vena’s ability to deliver real-time insights and streamline financial processes for its clients across various industries to enable strategic decision making and drive business success. To learn more, visit www.venasolutions.com. About Vena Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration and insights. Over 1,800 of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com. About IDC MarketScape The IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors. Media Contact  Jonathan Paul  Vice President, Content Marketing  jpaul@venacorp.com  

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Vena Introduces Vena for Microsoft PowerPoint, Purpose-Built To Help Strategic Finance and Operations Professionals Revolutionize Turning Data Into Impactful Stories

Solution enables teams to build presentations and interact with their live financial and operational data without ever having to leave Microsoft PowerPoint, creating a seamless flow of work TORONTO – May 15, 2024 – Vena, the Complete Planning platform loved by finance and trusted by business, today introduced Vena for Microsoft PowerPoint, a native integration with Microsoft 365 purpose-built to help strategic finance and operations teams revolutionize the way they bring their numbers to life, align teams and inspire action with compelling financial presentations. According to Gartner, improving finance metrics, insights and storytelling ranks as a top priority for chief financial officers (CFOs) in 2024. Vena for Microsoft PowerPoint combines the power of Vena’s category-leading reporting and analytics capabilities with the advanced productivity and collaboration features of Microsoft 365 and Microsoft PowerPoint’s familiar interface to help finance teams build presentations that turn data into impactful stories while simultaneously streamlining their flow of work. With Vena for Microsoft PowerPoint, finance and operations professionals can build beautiful, audience-ready presentations in minutes, collaborate with stakeholders in real time, interact with live financial and operational data and refresh for the latest results—all without ever having to leave PowerPoint. This boosts personal effectiveness and operational efficiency while improving data storytelling, enabling them to better communicate powerful financial insights that drive improved decision making using their most up-to-date data. “Vena for Microsoft PowerPoint is the latest step of Vena’s commitment to driving business insights,” said Hugh Cumming, Chief Technology Officer at Vena. “With the ability to leverage Vena’s dynamic datasets and automation technology, our customers can rapidly transform their Microsoft PowerPoint presentations into up-to-the-minute, decision-support tools.” Early adopters such as Bell Partners, an apartment investment and management company focused on quality multifamily rental communities throughout the United States, are already reporting significant productivity increases. “Currently, it takes us an hour to pull together our monthly reporting package. Vena for Microsoft PowerPoint makes the monthly update only take a few minutes,” said Michelle Canada, CPA Director of FP&A, Bell Partners. With Vena for Microsoft PowerPoint, finance and operations professionals can: Dynamically connect charts, tables, textual narratives and dashboards from a built-in library of their existing financial and operational reports to any slide while maintaining their calculations, corporate branding, data visualizations and standard financial formatting. Interact with financial and operational data in real time and instantly refresh presentations with the latest results and Microsoft Excel formatting through a live integration with their Vena data model and reports. Work with stakeholders on building and perfecting impactful, data-driven narratives in real time from anywhere on any device through Vena's native integration with Microsoft 365, which amplifies the best of their existing investment in Microsoft PowerPoint. With these capabilities, finance and operations teams can dramatically reduce the time spent creating and updating financial presentations. They can collaborate in real time with anyone in their organization to build impactful, data-driven narratives. Additionally, teams can present with confidence using the latest numbers, and improve team alignment and decision making with enhanced data storytelling leveraging the presentation tool they already know and use. To learn more about Vena for Microsoft PowerPoint, please visit the Vena website. About Vena Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration and insights. Over 1,800 of the world’s leading companies rely on Vena to power their planning. For more information, visit  venasolutions.com.  MEDIA CONTACT Jonathan Paul Vice President, Content Marketing jpaul@venacorp.com

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Vena Wins Five 2024 Top Rated Awards From TrustRadius

Customers rank Vena high in customer satisfaction and likelihood to buy again for the fourth year in a row We're pleased to announce that Vena has earned 2024 TrustRadius Top Rated Awards in five categories: Corporate Performance Management (CPM), Financial Close, Budgeting and Forecasting, Cash Flow Management and Financial Planning and Analysis (FP&A). Among those categories, enterprises, mid-size companies and small businesses ranked Vena as the best CPM platform based on hundreds of verified reviews and ratings. This is the fourth year Vena has received Top Rated recognition. “Customer experience is extremely important, and this award validates the impact our platform is having for our customers’ growth and operating efficiency,” said Hugh Cumming, CTO of Vena. “Receiving positive feedback and reviews inspires our team to continue delivering a best-in-class solution. As we look ahead, we’re excited to leverage advanced technologies in our suite of offerings, such as Vena Copilot for FP&A, to empower users to extract insights through the power of AI and improve organizational agility effortlessly.” Based entirely on user reviews, Vena’s top-rated features were its: Reporting output and scheduling Access control and security, meaning being able to determine who has access to which data Ability to integrate with external applications Financial reporting and compliance features Business intelligence standard and ad-hoc reporting Vena’s native integration with Microsoft 365 establishes a seamless connection between users’ Excel-based reports, budgeting templates and a centralized database, ensuring that data entered or modified in Excel is synchronized and stored centrally. Vena Complete Planning leverages industry-leading AI, flexible data modeling and the tool all teams already know—Excel—to drive business-wide planning, resilience and growth. By automating workflows and uncovering powerful financial insights, Vena’s platform boosts next-level productivity for finance teams and frees up capacity for strategic work, ultimately increasing operating efficiency and accelerating strategic insights for better organizational decision making. The Vena platform also includes Vena Insights, Vena Copilot for FP&A and more. To learn how Vena makes financial planning and analysis smarter, more efficient and insightful, visit venasolutions.com/why-vena. TrustRadius top rated awards help distinguish products in a category that have excellent customer satisfaction ratings. To qualify, products must meet key criteria for recency, rating and relevance with 10 or more recent reviews from the past year, a trScore of 7.5 or higher and at least 0.5% of the site traffic in its category. The TrustRadius methodology and scoring is based entirely on customer feedback and has never been influenced by an analyst opinion or status as a TrustRadius customer. Here is a detailed criteria breakdown of the methodology and scoring that TrustRadius uses to determine Top Rated winners. Visit TrustRadius to see the full list of ratings and reviews. About Vena Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration and insights. Over 1,800 of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com. About TrustRadius TrustRadius is a buyer intelligence platform for business technology. We enable buyers to make confident decisions, through comprehensive product information, in-depth customer insights, and peer conversations. We help technology brands capture and activate the authentic voice of customers to improve their products, build confidence with prospects, and engage in-market buyers to improve ROI. Founded by successful entrepreneurs and headquartered in the technology hub of Austin, Texas, TrustRadius is backed by Mayfield Fund, LiveOak Venture Partners, and Next Coast Ventures. Media Contact  For immediate inquiries and more details regarding our latest company news announcement, please contact: Jonathan Paul  Vice President, Content Marketing  jpaul@venacorp.com 

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Vena Excelerate Finance 2024 Conference in Nashville Sold Out

Annual event introduces inaugural Excelerate Finance Hackathon, new Vena Certification program via Vena Academy, the Venny Awards program and more to celebrate and empower finance innovators TORONTO – April 29, 2024 – Vena, the Complete Planning platform loved by finance and trusted by business, today announced that tickets for Excelerate Finance 2024, the premier annual conference for finance, operations and business leaders, have sold out. The event will be held on May 15–16, 2024 in Nashville, Tennessee with a free live stream available for the global community of finance and operations professionals. With a focus on learning, training and finance-led innovation, Excelerate Finance will provide unprecedented access to the latest skills, best practices, methodologies and cutting-edge technologies—from automation to generative AI—transforming the strategic office of finance with increased productivity, operational efficiency, accelerated insights and strategic potential. Attendees will get to learn from strategies, success stories and eureka moments shared by finance visionaries at leading organizations, as well as discover how to harness the latest Vena innovations and advancements in Microsoft 365 tools and capabilities for Complete Planning use cases with hands-on learning labs. At the event, Vena will introduce the new Vena Certification program with on-site professional development sessions available for conference attendees. The program will also launch on demand via Vena Academy, the ultimate venue for always on, self-serve training across FP&A, Microsoft for finance and Vena Complete Planning. In addition, Vena will provide an exclusive first look at Vena Copilot for FP&A, a Complete Planning generative AI copilot purpose-built for FP&A teams and the organizations they support, as well as other game-changing product announcements. Also on the agenda will be the inaugural Excelerate Finance Hackathon, along with the first-ever Venny Awards program celebrating visionaries who are shaping the future of strategic finance for their organizations across various industries. “We’re going full force with our most immersive experience yet, and are excited to be back in person alongside our community of finance, operations professionals, business leaders, partners, industry experts and sponsors to continue supporting the evolution of the strategic office of finance with programs and events that help propel personal, professional and business growth,” said Allison Munro, Chief Marketing & Ecosystem Officer at Vena. “Over the course of the conference, the strategic office of finance will be elevated to new heights with deep dives and previews of technology innovations paving the way for a new generation of finance— including Vena Copilot for FP&A. Those joining us in person will have a chance to participate in the Vena Academy learning sessions while those who join the live stream will have access to exclusive content in partnership with the Financial Modeling World Cup.” Joining Vena for this year’s landmark event are sponsors Microsoft, ProLytics, Delbridge, Marcum, RVNA Tech, ScaleNorth and Citrin Cooperman. For more information on Excelerate Finance 2024 or to register for the free virtual experience, please visit www.exceleratesummit.com. About Vena Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration, and insights. Over 1,700 of the world’s leading companies rely on Vena to power their planning. For more information, visit  venasolutions.com.  Media Contact  For media inquiries or additional information, please contact: Jonathan Paul  Vice President, Content Marketing  jpaul@venacorp.com 

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Vena Closes FY24 With Record-Setting Quarter, Customer Growth, Product Innovation and Industry Recognition

Company propels into FY25 unveiling Vena Copilot to revolutionize how FP&A teams work TORONTO – April 16, 2024 – Vena, the Complete Planning platform loved by finance and trusted by business, today announced it entered its fiscal year 2025 in February with momentum from a successful 2024. Notably, its record-breaking fourth quarter, increasing demand and innovative strides with the launch of Vena Copilot, a gamechanger for FP&A teams. "Vena's exceptional performance in fiscal 2024 reflects the unwavering dedication, agility and innovative spirit of our team, as well as the enduring trust placed in us by our valued customers," said Hunter Madeley, CEO of Vena. Vena experienced significant customer and revenue growth over its last fiscal year. Currently, more than 1,700 organizations across diverse industries, such as banking and credit unions, insurance, real estate, higher education, healthcare, professional sports and more, rely on Vena to plan with confidence in an ever-evolving economy. Meg Bear, Controller at Turner Enterprises and speaker at this year’s Excelerate Finance 2024, highlighted the increased value and agility their finance team is now driving for the business since using Vena: "We've hooked our train to an engine that's going to allow us to change as we go. Not just as our business evolves and the workforce evolves, but as the markets evolve and our business lines change. The pandemic taught us all that nothing is for sure, and we've got to be able to be responsive and pivot more quickly. And that's one of the things that Vena has allowed us to do." Other highlights from Vena’s 2024 fourth quarter include: Strategic leadership changes to elevate the customer experience and deliver industry-leading customer value, including an expanded role for Tina Goulbourne as Chief Operating & Customer Officer, and the addition of Ilene Landon as Vena’s Senior Vice President of Professional Services. Industry-specific solutions launched: One for legal firms with ProLytics Consulting Group (Vena for Legal by ProLytics) and for franchises with Citrin Cooperman (Vena for Franchising by Citrin Cooperman). Strategic partnership with Cloud Security Alliance (CSA) as a Trusted Cloud Provider. Recognition from leading analyst firms, including Gartner’s 2023 Magic Quadrants for Financial Planning Software and for Financial Close and Consolidation Solutions, Dresner Advisory Services, The Hackett Group, Nucleus Research and Ventana Research. An earned spot on the Team True North Roster of Canada’s Top-Performing Tech Companies for the second consecutive year. 2023 TrustRadius Best Of Awards in three categories: Best Feature Set, Best Relationship and Best Value for Price. Recognition as one of Greater Toronto's Top Employers and recertification as one of Canada’s Most Admired Corporate Cultures. Acknowledgment of Vena’s recruiting practices by the Brandon Hall Group for excellence in leadership development, diversity, equity, inclusion and talent acquisition for the second consecutive year. Looking ahead, Vena is continuing to drive its commitment to customer value and product innovation, including Vena Copilot, through this year’s Excelerate Finance 2024, its annual flagship industry conference for finance professionals and business leaders. “It’s an exciting time at Vena as our Complete Planning platform and robust community of finance and operations professionals continue to evolve and leverage new technologies and capabilities. The teams choosing Vena are achieving operational excellence and unlocking the strategic potential of their organizations. Seeing our customers doing amazing work with the platform is what excites us most as we build value together,” added Madeley. About Vena Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, simplifies reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration and insights. Over 1,700 of the world’s leading companies rely on Vena to power their planning. For more information, visit  venasolutions.com.  Media Contact  For immediate inquiries or more details regarding our latest company press release, please contact: Jonathan Paul  Vice President, Content Marketing  jpaul@venacorp.com 

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Vena Introduces Vena Copilot, a Complete Planning AI Assistant Purpose-Built for FP&A Teams 

Vena Copilot for FP&A harnesses the power of Microsoft Azure and Azure OpenAI Service to unlock the strategic potential of FP&A teams and the organizations they support TORONTO - April 3, 2024 – Vena, the Complete Planning platform loved by finance and trusted by business, today announced that it is bringing state-of-the-art generative artificial intelligence (AI) capabilities to financial planning and analysis (FP&A) teams with Vena Copilot. Vena Copilot for FP&A combines Vena’s category-leading FP&A expertise with Microsoft Azure OpenAI Service large language models, including GPT-4, to help FP&A teams and their collaborators increase productivity, operational efficiency, and business agility so they can focus on driving strategic impact. Today, 75 % of an FP&A team's work is gathering data and administering processes. That stops now with Vena Copilot. Vena Copilot acts as an extension of the FP&A team, doing tactical work and producing insights using the most intuitive interface there is—natural language—to unlock everyone’s strategic potential. With Vena Copilot for FP&A, teams can: Easily create and train a dedicated Complete Planning AI assistant that is built on their organizational knowledge, and learns from feedback and preferences to get smarter over time. Gather data, generate reports, analyze trends, optimize forecasts and more, doing work that used to take hours in minutes with a simple prompt. Empower anyone to interact with data and insights quickly and easily using natural language, such as identifying seasonal patterns in revenue by product or identifying departments that have the highest in period actual to budget variances. Create a seamless flow of work alongside Copilot for Microsoft 365 only through Vena’s native integrations with Microsoft 365, from unlocking insights to visualizing data. "Vena Copilot for FP&A is a game-changer for FP&A teams, empowering them to do more with less effort and better use of their resources," said Hunter Madeley, CEO of Vena. "It’s not just a new tool, it's a trusted ally that helps FP&A teams and their collaborators achieve their full strategic and operational potential, driving agility and resilience in the face of dynamic business conditions." Vena Copilot uses the combined power of Microsoft Azure OpenAI Service advanced AI models including GPT-4—the largest and most powerful language model in the world—and Vena’s central analytical data model, CubeFLEX™, enabling FP&A teams to put the power of generative AI to work across Complete Planning use cases and unique data sets. Vena Copilot is also enterprise-ready, built with industry-leading generative AI enterprise security, compliance, and privacy capabilities driven by ethical principles, including role-based access controls and prompt compliance management. This allows FP&A teams to deploy Vena Copilot easily, safely, and responsibly within compliance requirements—no IT, data scientists, or AI engineers required. "Vena Copilot for FP&A is the result of our close collaboration with Microsoft to bring together the best of both worlds: Microsoft's world-leading AI technology and Vena's deep FP&A domain expertise," said Hugh Cumming, Chief Technology Officer, Vena. "By integrating Microsoft Azure OpenAI Service large language models with Vena CubeFLEX, we are giving our customers a powerful addition to their Vena Complete Planning solution that leverages their existing data, systems, and workflows and enables generative AI capabilities that are tailored to their specific FP&A requirements." "Vena’s use of Microsoft Azure OpenAI Service to create Vena Copilot for FP&A has resulted in a transformative generative AI assistant that empowers all teams to be more productive, efficient, and strategic," added Sylvia MacPherson, National Unicorn Leader, Microsoft Canada. “This solution is a great example of how our partners are using Microsoft AI technology to build innovative and customized AI solutions that address specific business challenges and opportunities, and how Vena is transforming the strategic office of finance."  Vena Copilot is the latest addition to Vena’s industry-leading AI offering, which harnesses Microsoft AI technology for Complete Planning. This includes Vena Insights, an intelligent, AI-powered reporting and analytics solution, and native integration with Copilot for Microsoft 365 as well as Microsoft Excel’s powerful AI toolset. Vena Copilot is currently in beta. To learn more about Vena Copilot and see it in action, register for Excelerate Finance 2024, the annual conference where attendees can discover the skills, methodologies, and next-gen technologies that will empower them to architect the future of finance. About Vena Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, simplifies reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration and insights. Over 1,700 of the world’s leading companies rely on Vena to power their planning. For more information, visit  venasolutions.com.  Media Contact  Jonathan Paul  Vice President, Content Marketing  jpaul@venacorp.com 

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Vena Unveils Best-Practice Preconfigured Solution for Franchises in Conjunction With Industry-Leading Services Firm Citrin Cooperman  

The Complete Planning platform provider has integrated operational and financial data for strategic management of franchisor and franchisee businesses TORONTO - March 12, 2024 – Vena, the Complete Planning platform trusted by diverse industries and businesses, announced the availability of Vena for Franchising by Citrin Cooperman, a preconfigured solution (PCS) designed for the unique needs of franchise professionals. Vena for Franchising by Citrin Cooperman includes pre-built planning templates, data models, report templates, business logic and workflows designed to meet the needs of the franchise ecosystem. Working on top of the world’s most widely used spreadsheet platform, Microsoft Excel, Vena for Franchising by Citrin Cooperman provides franchise businesses with the ability to make data-driven decisions, enhance customer satisfaction and improve the bottom line. The PCS provides predefined workflows for planning, budgeting, reporting and forecasting and comes with integrations to enterprise resource planning systems including Microsoft Dynamics 365, Netsuite and Quickbooks. “For more than 40 years, Citrin Cooperman has been a critical provider to the franchise community, having the opportunity to work with and learn from many different types and sizes of franchised systems,” said Citrin Cooperman’s Partner and Franchise Practice Co-leader Michael Iannuzzi. “Vena for Franchising by Citrin Cooperman,” benefits from that experience by consolidating our best practices into an easy-to-use platform, providing franchisors and franchisees with the tools they need to optimize their operations and achieve their growth objectives. This solution is designed to empower franchised businesses with the insights and efficiencies necessary to succeed in today’s competitive marketplace.” Franchise finance is complex for both the franchisee and the franchisor, with laws and regulations that vary by state or country. As one of the largest professional services firms in the U.S., Citrin Cooperman has supported some of the biggest franchise operations and has incorporated its decades of experience into Vena for Franchising by Citrin Cooperman. Agile financial reporting and modeling can improve financial decision making in the franchise industry, as well as forecasting and performance measurement, enabling these companies to adapt to changing customer expectations and market trends. For franchisors, Vena for Franchising by Citrin Cooperman provides tailored reporting structures that provide insight into up-to-date topline revenue and key operating metrics so they can better deliver value and real-time operational performance statistics to their franchisees by reducing manual reporting and allowing the franchisees to see live data and benchmarking across the system. The solution enables them to track key performance indicators (KPIs) in real time, identify trends, and analyze the information by region, state, or other groupings the franchisor deems appropriate, and compare their performance against industry benchmarks and competitor data. The solution also supports franchisees with personalized management reports, centralized and improved budgeting processes, projections and streamlined labor planning for multi-unit franchisees. The offering can reduce costly and time-consuming manual data collection and eliminate errors and version control issues by providing a single source of truth. “Vena for Franchising by Citrin Cooperman demonstrates how the strength of collaboration delivers more value to our mutual customers,” said Vena Chief Marketing & Ecosystem Officer Allison Munro. “It combines Citrin Cooperman’s trusted industry expertise with Vena’s Complete Planning platform to increase financial intelligence across a business, empowering businesses to model, plan and scale based on their specific needs. We're excited for our franchise customers to benefit from this solution.” Vena for Franchising by Citrin Cooperman is available now. For more information on this solution, please visit venasolutions.com/industries/franchising. About Vena Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration, and insights. Over 1,700 of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com.  About Citrin Cooperman "Citrin Cooperman" is the brand under which Citrin Cooperman & Company, LLP, a licensed independent CPA firm, and Citrin Cooperman Advisors LLC serve clients’ business needs. The two firms operate as separate legal entities in an alternative practice structure. The entities of Citrin Cooperman & Company, LLP and Citrin Cooperman Advisors LLC are independent member firms of the Moore North America, Inc. (MNA) Association, which is itself a regional member of Moore Global Network Limited (MGNL). All the firms associated with MNA are independently owned and managed entities. Their membership in, or association with, MNA should not be construed as constituting or implying any partnership between them. Media Contact  Jonathan Paul  Vice President, Content Marketing  jpaul@venacorp.com 

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Vena Outranks Competitors in 2024 EPM Digital World Class Matrix

Complete Planning platform categorized as Challenger for its excellence in product functionality, CX and market impact, outperforming some of the largest industry vendors Vena has been recognized by strategic consulting and advisory firm The Hackett Group in its 2024 Enterprise Performance Management Digital World Class Matrix. The Hackett Group analyzed the product functionality, customer experience and market impact of major enterprise performance management (EPM) vendors including Anaplan, Board, Oracle, OneStream, SAP, Workday and others. Vena was named a Challenger based on the strength of its unified EPM platform that encompasses world-class capabilities for integrated planning, analysis, reporting, close, data management and business intelligence. Vena's integrated solution also received badges for Planning and Forecasting and Close and External Reporting capabilities. By comparison, other vendors in the space received partial or no badges across these categories. “Being named a Challenger validates our ability to deliver a truly unified Complete Planning platform that meets the digital needs of today's finance and operations leaders,” said Hugh Cumming, Chief Technology Officer at Vena. “With Vena, our customers are equipped to increase capacity, accelerate core processes and enable faster and more strategic planning and decision making.” According to The Hackett Group matrix, several factors are driving investment in enterprise planning management, including the need to free internal resources, a desire to streamline close and reporting, requirements for enhanced agility through faster planning cycles and the need to leverage integrated platforms for a complete view of the business. Vena's Complete Planning platform helps customers achieve these key transformation objectives. This recognition from The Hackett Group is the latest in a string of industry kudos. Most recently, Dresner Advisory Services ranked Vena as a winner in the Financial Consolidation, Close Management and Financial Reporting category of its Dresner Advisory Services 2023 Technology Innovation Awards. That followed the firm’s recognition of Vena Complete Planning for its excellence in Enterprise Performance Management, as well as recognition from other analyst firms including Nucleus Research, which recently included Vena in its 2024 Technology Value Matrix for Corporate Performance Management (CPM). Vena has also received numerous awards based on user experience, including 2023 Trust Radius “Best Of” Awards in the Best Feature Set, Best Relationship and Best Value for Price categories, as well as 28 awards in G2’s Winter 2024 report. For more information about Vena Complete Planning, please visit, www.venasolutions.com. About Vena Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration and insights. Over 1,700 of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com.  Media Contact  For immediate inquiries and more details regarding our latest company news announcement, please contact: Jonathan Paul  Vice President, Content Marketing  jpaul@venacorp.com 

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Vena Takes Home 2023 Technology Innovation Honors From Dresner Advisory Services  

Complete Planning platform receives high scores for Financial Consolidation, Close Management and Financial Reporting in Wisdom of Crowds® market study Vena has been ranked as a winner in the Financial Consolidation, Close Management and Financial Reporting category (FCCR) of the Dresner Advisory Services 2023 Technology Innovation Awards. These awards are given to vendors that score the highest in Dresner’s proprietary Wisdom of Crowds® market studies, which are based on data collected on usage trends, products and vendors gathered from users in a wide variety of business roles. Vena Complete Planning was recognized among the top platforms that produce a consolidated view of an organization’s operations, including closing the books, as well as analytics and reporting tools designed for finance professionals. This achievement highlights Vena’s continued leadership in delivering innovative solutions that enable faster and more effective financial consolidation, close management and performance management. With powerful reporting and analysis capabilities tailored for FP&A leaders, Vena Complete Planning empowers customers to gain actionable insights, manage performance and make data-driven decisions with confidence. “Our comprehensive series of thematic market studies provide an unparalleled analysis of user behaviors and dynamics,” said Howard Dresner, Founder and Chief Research Officer at Dresner Advisory Services. “We also recognize those suppliers who offer the most comprehensive solutions in these technical areas. We extend our congratulations to all the 2023 Technology Innovation award winners.” This award from Dresner Advisory Services follows the firm’s recognition of Vena Complete Planning for its excellence in Enterprise Performance Management as well as recognition from other analyst firms including Nucleus Research, which recently included Vena in its 2023 Technology Value Matrix for Corporate Performance Management (CPM). Vena also has received numerous awards based on user experience, including 2023 Trust Radius “Best Of” Awards in the Best Feature Set, Best Relationship and Best Value for Price categories, as well as 28 awards in G2’s Winter 2024 report. “Being recognized as an innovator in the CPM market by Dresner Advisory Services is a validation of Vena’s ability to help organizations transform their financial planning processes and achieve the operational and strategic excellence they need to run more efficiently and effectively,” said Hugh Cumming, Vena’s Chief Technology Officer. “We are thrilled that industry experts continue to recognize Vena’s innovation and leadership in CPM. It motivates us to keep improving our solutions to ensure they evolve with our customer needs.” For more information about Vena Complete Planning, please visit www.venasolutions.com. About Vena Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration and insights. Over 1,600 of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com.  Media Contact  For immediate inquiries and more details regarding our latest company news announcement, please contact: Jonathan Paul  Vice President, Content Marketing  jpaul@venacorp.com 

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Nucleus Research Recognizes Vena as CPM Industry Leader for 11th Straight Year 

Analyst’s CPM Technology Value Matrix positions Vena CPM platform highest ranking leader for greater usability For the 11th consecutive year, Vena has been recognized as an industry leader in the Nucleus Research Corporate Performance Management (CPM) Value Matrix. Vena was positioned highest in the leader quadrant for Greater Usability, one of the key factors evaluated in the matrix. The Nucleus Research CPM Technology Value Matrix represents a market assessment based on the value vendors deliver to end users through the functionality and ease of use of their solutions. The Matrix serves as a snapshot of the CPM technology market, rather than present an empirical vendor ranking. The categories prioritized in this assessment include widespread user acceptance, adaptable modeling and analytical and audit functionalities. Vena Complete Planning empowers finance teams to make decisions based on data, discover valuable insights and stimulate growth throughout their organization. “Vena continues to enhance its Complete Planning platform with predictive analytics, machine learning and AI-powered insights, helping clients identify, prioritize and confidently adjust the shifts and changes in their operating environments,” said Charles Brennan, Research Analyst at Nucleus Research. The report recognizes Vena’s unique approach to the CPM market—complete flexibility and complete control in a Complete Planning platform. This includes Vena’s native integration with the best of Microsoft 365, including Microsoft Excel—the preferred language of finance and operations professionals and the window into the Vena application—and Microsoft PowerPoint. With Vena, customers can leverage the familiar interfaces and advanced productivity and collaboration capabilities of the apps they use every day, including AI, to communicate plans, track progress and stay aligned. Vena’s approach fuels business-wide adoption and helps finance and operations teams increase their operational efficiency, business agility and resilience. "For more than a decade, Vena has repeatedly brought leading-edge features to our Complete Planning solution, empowering users to make data-based decisions, discover valuable insights and achieve operational excellence.” —Hugh Cumming Chief Technology Officer, Vena The Nucleus Research CPM Value Matrix is the latest in a string of recent industry accolades for Vena, including: Recognition from the analyst firm Gartner® as a Challenger in the 2023 Magic Quadrant for Financial Planning Software as well as a Visionary in the 2023 Magic Quadrant for Financial Close and Consolidation Solutions. Multiple TrustRadius Top Rated Awards, including Corporate Performance Management, Budgeting & Forecasting, Financial Close and Cash Flow Management solutions. Designation as a Vendor of Merit in the Ventana Research 2023 Buyers Guide for Business Planning. “This recognition from Nucleus Research shows our ongoing commitment to bringing innovative solutions to market that enable finance and business teams to collaborate for success,” said Hugh Cumming, Chief Technology Officer at Vena. “For more than a decade, Vena has repeatedly brought leading-edge features to our Complete Planning solution, empowering users to make data-based decisions, discover valuable insights and achieve operational excellence.” For more information and to download the report, click here. About Vena Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration and insights. Over 1,600 of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com.  Media Contact  For immediate inquiries and additional details regarding our latest company news announcement, please contact: Jonathan Paul  Vice President, Content Marketing  jpaul@venacorp.com 

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Vena Earns Coveted Spot on Team True North Roster of Canada’s Top-Performing Tech Companies for Second Consecutive Year 

Vena is among nation’s tech visionaries driving transformative change and fueling Canada’s reputation as a hub for innovation and technological advancement We're proud to announce our inclusion in the prestigious Team True North, a distinguished roster curated by Communitech, Canada’s tech supercharger helping tech founders start, grow and succeed. The list includes top-performing technology companies shown by verified data to have the highest probability of reaching $1B in revenue by 2030. The companies have also demonstrated exceptional innovation, growth and contribution to the Canadian technology landscape. This is the second year in a row Vena has made the list. "We are honored to be recognized among Canada’s top-performing tech companies as part of Team True North again," said Hunter Madeley, CEO at Vena. "This acknowledgment is a testament to the hard work and dedication of our team, as well as the trust and support of our valued customers. As we continue to innovate and evolve, we remain committed to driving excellence and to delivering unparalleled solutions to empower finance professionals worldwide." Since our inception, we have established ourselves as a trusted partner for businesses looking to streamline financial and operational planning processes, enhance decision making and drive business agility and resilience in dynamic market conditions. Through our award-winning, cloud-based corporate performance management (CPM) platform, Vena empowers organizations to plan with confidence, analyze with precision and effectively architect the future for their business. "This acknowledgment is a testament to the hard work and dedication of our team, as well as the trust and support of our valued customers." —Hunter Madeley CEO, Vena In recent years, we have experienced steady growth, expanding our customer base and driving continuous product innovation to meet the evolving needs of businesses. Our commitment to helping finance and operations teams unlock operational and strategic excellence, combined with its customer-centric approach, has solidified our position as a key player in the CPM space. For more information on Team True North, read this Media Release. Team True North is supported by partners such as TMX (TSX, TSX-V), Ernst & Young, Inovia Capital, the Canadian Venture Capital & Private Equity Association, Export Development Canada (EDC), the Business Development Bank of Canada (BDC) and NRC-IRAP. About Vena Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration and insights. Over 1,600 of the world’s leading companies rely on Vena to power their planning. For more information, visit  venasolutions.com. About Communitech Communitech was founded in 1997 by a group of entrepreneurs committed to making Waterloo Region a global innovation leader. At the time it was just a wild idea, but somehow this community managed to pull it off. Today, Communitech is a public-private innovation hub that supports a community of more than 1,600 companies—from startups to scale-ups to large global players. Media Contact  For immediate inquiries and additional details regarding our latest company news announcement, please contact: Jonathan Paul  Vice President, Content Marketing  jpaul@venacorp.com 

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Vena Marks Another Year of Workplace Culture Success with Multiple 2023 Comparably Awards

Upholding our commitment to excellence, growth and building a winning culture In a year where Vena's growth and impact were more evident than ever, we are thrilled to announce that we have been honored with the following awards from Comparably, a leading workplace culture and compensation monitoring employee review platform: Best Company Compensation Best Company Happiness Best Company Perks & Benefits Best CEOs for Women Best CEOs for Diversity Best Company Global Culture These awards underscore Vena's commitment to creating an inclusive, supportive and fulfilling work environment for our employees—one that not only offers industry-leading compensation and employee total rewards, but also prioritizes the well-being, happiness and diversity of our exceptional team. Tracey Mikita, Chief People Officer at Vena, is extremely grateful for the positive employee reviews and ratings that resulted in these recognitions for Vena. She says, “We believe a positive and inclusive culture is at the heart of our success. These Comparably awards reflect our ongoing commitment to building a workplace where our people feel valued and supported. This recognition inspires us to continue fostering an environment where our employees can thrive both personally and professionally." “We believe a positive and inclusive culture is at the heart of our success.”          —Tracey Mikita          Chief People Officer, Vena Vena CEO Hunter Madeley added, "Being recognized by our employees reinforces our belief that a strong, inclusive culture creates the space for every member of our team to do the best work of their career. We have myriad dimensions of diversity within Vena, and we are proud to be building a company that celebrates our better, better, never best journey together. Our collective focus on the value we create for customers is strengthened by the unique skills and perspectives of each of our team members." In 2023, Vena also received other prestigious workplace culture recognitions, including: Named one of Greater Toronto’s Top Employers by Mediacorp Canada Inc., the second time Vena made this distinguished list. Recertified as one of Canada’s Most Admired Corporate Cultures by Waterstone Human Capital. Awarded for Leadership Development, Diversity, Equity and Inclusion, and Talent Acquisition from the Brandon Hall Group in its 2023 HCM Excellence Awards™. Earned its fourth consecutive TrustRadius Tech Cares Award. “Our collective focus on the value we create for customers is strengthened by the unique skills and perspectives of each of our team members."         —Hunter Madeley         CEO, Vena As we celebrate these achievements, we remain steadfast in our commitment to providing an environment where everyone feels heard, respected and empowered. We look forward to another year of growth, innovation and building a workplace that continues to redefine industry standards. To learn more about Vena’s workplace culture, visit our Comparably page. For more information about Vena’s award-winning Complete Planning platform, please visit www.venasolutions.com.

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October Is All About Prioritizing Mental Health at Vena

This October, we’re proud to celebrate Mental Health Awareness Month at Vena, aligning with the 2024 World Mental Health Day theme, "It's Time To Prioritize Mental Health in the Workplace." Mental Health Awareness Month, a yearly initiative organized by our Mental Health Employee Resource Group (Mental Health VRG), aims to foster a supportive environment where mental well-being is recognized as a key component of overall employee health. As part of this month-long campaign, Vena’s Mental Health VRG will host a variety of activities designed to promote mental well-being, including meditation and yoga sessions, a massage day, "Color Your Blues Away" events and a "What Makes You Smile/Laugh" initiatives. Employees can also join a Pages + Podcasts Club (where folks come together to discuss books and podcasts on various mental health topics), participate in a 30-Day Self-Care Challenge and sign up for Mental Health First Aid certifications and training. Jean Goldsmith, Senior Director, Global Talent & Learning and Mental Health VRG Co-Chair shares, "At Vena, we believe that prioritizing mental health is essential for creating a thriving workplace. By offering resources and activities that promote self-care, we hope to empower our team members to take charge of their well-being inside and outside of the workplace." Prioritizing mental health and wellness is integral to our organizational culture at Vena. We have implemented various health and wellness initiatives, such as free access for employees to the Headspace app, wellness funds and Summer Fridays, which support employees in maintaining a healthy work-life balance. We empower our workforce to cultivate a supportive environment by encouraging open discussions around mental health and well-being. Additionally, we have embedded wellness practices across the organization, such as offering Mental Health First Aid training and certifications for both leadership teams and individuals. “Through these initiatives, we hope to create a workplace where mental health is valued and prioritized year-round,” explains Jean. Join us this October as we collectively focus on mental health, encouraging open conversations and a culture of support at Vena. Together, let's prioritize mental well-being and create a healthier workplace for all.

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Celebrating One Year of The CFO Show: A Year of Finance Insights and Industry Leadership 

Vena would like to extend a heartfelt congratulations to our very own Melissa Howatson, CFO at Vena and host of The CFO Show, on their first anniversary. Since its debut on September 19, 2023, The CFO Show, a weekly podcast for forward-thinking finance and business leaders to discuss insights, industry trends and best practices has featured insights from top finance and tech leaders across a wide range of industries. Over the past year, the show has featured 48 episodes, showcasing expert interviews with Vena customers, partners, industry professionals and finance thought leaders. The CFO Show welcomed guests from major organizations such as Kansas City Chiefs, Asana, Docebo, Turner Enterprises, Florida Panthers, World Wildlife Foundation, CIBC Capital Markets, Plante Moran, Public.com and Yellow.ai. The show also featured finance and tech analysts from Nucleus Research, BPM Partners and more. Additionally, Vena Partners who have appeared on The CFO Show include Marcum Technology, Delbridge Solutions, Inc., ProLytics Consulting Group, Finext, Deloitte Canada, Microsoft Canada, ScaleNorth, Inc. and Citrin Cooperman. In celebration of the show's success, Melissa Howatson shares, "It's been an incredible year of learning and growth. I’m truly grateful for the insights and stories our guests have shared. The CFO and broader finance communities have never been more engaged, and I’m excited to see what’s next." Looking ahead, the milestone 50th episode will air on Tuesday, October 8, 2024, and will feature interviews with attendees from the sold-out Excelerate Finance 2024 summit. Don't miss it! Catch new episodes of The CFO Show every Tuesday on the podcast website, YouTube and on all major podcast platforms including Apple, Spotify, iHeartRadio and Amazon.

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Vena Sets New Standard for Strategic Alignment Between FP&A and Revenue Operations With New Executive Role

Vena is setting a new standard for how organizations optimize operations, enhance strategic alignment and deliver superior value to customers TORONTO – September 11, 2024 – Vena, the only Complete Planning platform purpose-built to harness the full power of Microsoft 365, today announced a significant leadership change as Burzin Contractor, formerly SVP, Revenue Operations & Corporate Strategy, has been promoted to SVP, FP&A and Operations. In his new role, Contractor will report directly to Vena CFO Melissa Howatson, marking a strategic move that further aligns Vena’s FP&A, revenue operations (RevOps) and corporate strategy functions. By consolidating the critical functions of FP&A, RevOps and corporate strategy under a single leader, Vena aims to improve operational efficiency, reduce redundancy and accelerate decision-making processes, ultimately delivering more cohesive solutions and better outcomes for customers and partners. "Our decision to align FP&A and revenue operations under Burzin’s leadership is a strategic step that ultimately allows us to better serve our customers," said Melissa Howatson, CFO at Vena. "Burzin’s deep experience in finance and operations will help us eliminate inefficiencies and improve response times to business questions, ensuring that we provide more cohesive and integrated solutions. This change not only strengthens our internal alignment, but ultimately allows us to focus on our key priorities and deliver greater value to our customers and partners.” The move also reflects a growing trend in the industry toward leveraging financial and operational data to streamline processes and improve decision making. According to Dresner Advisory Services in the 2024 Wisdom of Crowds EPM Market Study Report, over 90% of companies are placing integrated performance management systems that link to financial budgets and operational plans as critical to somewhat important. As companies face increasingly complex market conditions, the ability to integrate financial and operational planning is becoming a key differentiator in achieving strategic goals and responding to market changes. “Being a CPA and spending most of my career in finance before leaning into operations and strategy, I'm excited to be leading this consolidated group. The new structure will enable us to build a more robust end-to-end strategic planning engine," said Burzin Contractor, SVP, FP&A and Operations. For Contractor, this new role is a homecoming of sorts. A CPA by training, Contractor was previously a member of Vena’s finance team before transitioning to operations almost five years ago. In his expanded role, Contractor will continue to sit on the executive leadership team and lead revenue operations, strategy and analytics, bringing his extensive experience and insights full circle as he helps drive Vena’s continued growth and innovation. About Vena Vena is the only Complete Planning platform purpose built to harness the full power of the Microsoft technology ecosystem for FP&A teams and their collaborators. Vena amplifies Microsoft's world-leading productivity tools, cloud technology and AI innovation to make FP&A, operational planning and adjacent strategic processes more flexible, efficient and intelligent. Thousands of the world’s leading companies rely on Vena to power their planning. For more information, visit venasolutions.com. Media Contact: For immediate inquiries or more details regarding our latest business news, please contact: Jonathan Paul Vice President, Content Marketing jpaul@venacorp.com

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From Founding Vision to Centaur Status: Vena's Journey to $100M ARR 

Recently, we celebrated a significant milestone at our company—we achieved the elite Centaur status as we crossed $100M USD in annual recurring revenue (ARR). Achieving Centaur status is seven times rarer than being valued at $1 billion or more, which over 1,000 private companies have done. It's a feat that only a few startups can dream of, and it marks a pivotal moment in our journey. This milestone highlights our growth, innovation and the exceptional dedication of our team throughout the years. Back in 2011, when George Papayiannis, Don Mal and I founded Vena, we were driven by a deep understanding of the corporate performance management (CPM) landscape and a shared vision for its future. From our humble beginnings as a startup to achieving Centaur status, it has been nothing short of extraordinary. It's a story of teamwork, continuous innovation and a commitment to excellence. The Early Days: A Vision Takes Shape When we started Vena, the CPM market was mature, dominated by legacy systems from giants such as SAP, Oracle and IBM. My career in this space, using Hyperion and Clarity Systems, provided us with a unique perspective. We saw how many organizations, despite investing in advanced technologies, reverted to Excel for their financial planning and analysis. And we put a lot of energy and attention into understanding why that was the case. What we discovered was that this trend stemmed from several key factors. For starters, Excel remains popular because it is familiar, flexible and widely trusted by finance professionals. This allows for rapid customization and iterative processes that more rigid systems often lack. Its ease of use, customization capabilities and powerful functions make it a go-to tool for complex financial tasks. The integration challenges and data compatibility issues with new platforms often lead to delays and inaccuracies, prompting organizations to revert to the reliable and universally understood Excel. Additionally, the extensive training required to fully leverage new technologies can be a significant barrier, causing teams to default to the more immediately accessible and intuitive Excel. By understanding these underlying reasons for teams reverting to Excel, we aimed to better address gaps and improve the adoption and effectiveness of advanced financial planning and analysis solutions. We wanted to be able to embrace Excel without compromise, so whatever you could model in Excel, we wanted to be able to support. Our founding philosophy was simple, yet innovative: unlock the operational and strategic excellence of finance teams and businesses. We wanted to create a solution that was both builder-centric and user-centric. On the builder side, our goal was to allow businesses to model their operations without compromise, ensuring they could adapt quickly to changing internal and external conditions. On the user side, we embraced Excel, integrating its familiar interface with the robust capabilities of a modern CPM platform. This vision guided us as we architected our solutions and developed a platform that natively integrates with Microsoft Office 365, offering users the best of both worlds—an intuitive interface coupled with advanced planning, reporting and analytics capabilities. Read more about the early years here. Building the Foundation: Strategic Partnerships and Innovation Our strategic partnership with Microsoft was pivotal to our growth. By fully integrating with Office 365, we positioned Vena as a unique asset in the market. This integration meant users could continue working within their familiar Excel environment while leveraging Vena's advanced functionalities for financial planning and corporate performance management. Our early years were marked by a series of milestones that laid the groundwork for our success. From securing our first major customers to consistently upgrading our platform, we steadily gained industry recognition and trust. We focused on building a product that was not only powerful, but also easy for finance teams to own, use and maintain. This approach resonated with our customers, who valued the seamless integration into their daily workflows. As teams worked in Excel, Power BI, PowerPoint and Microsoft 365 functionality, Vena was right there, enhancing their productivity and efficiency. Scaling New Heights: Embracing the Cloud The evolution of cloud technology in the early 2010s brought about a significant shift in the CPM landscape. We embraced this transformation wholeheartedly, positioning Vena as a cloud-first solution. This shift allowed us to offer unparalleled scalability, flexibility and accessibility to our customers. The cloud became a catalyst for our growth, enabling us to serve a global customer base and continuously innovate our platform. Throughout this journey, the contributions of my co-founders, George and Don, were invaluable. George’s strategic vision and Don's operational expertise complemented our technical innovations, forming a well-balanced and energetic leadership team. Together, we navigated the challenges of scaling a tech startup, from securing funding and building a talented team to expanding our market presence. Key Milestones and Achievements Reflecting on our journey, several milestones stand out: 2011: Vena’s founding and initial product launch, offering a CPM solution with Excel integration. 2014: Secured our first major funding round, which enabled us to scale our operations and invest in product development. 2017: Achieved significant customer growth, expanding our footprint globally and diversifying our client base across various industries. 2019: Raised $115M in equity finance to accelerate our industry-leading growth and scale our operations to meet the financial and business planning needs of thousands of customers worldwide. 2021: Raised $300M in Series C Funding with Vista Equity Partners (“Vista”), a leading global investment firm that exclusively invests in enterprise software, data and technology-enabled businesses. We also welcomed our 1000th customer that year. 2022: Strengthened our decade-long partnership with Microsoft, integrating more deeply with Office 365 and enhancing our product’s capabilities. 2024: Reached $100M in ARR, a testament to our product’s value and our team’s dedication. For more company announcements and updates, visit the Vena Newsroom. Innovating for the Future Innovation has always been at the core of Vena’s growth. As the market evolved, so did we. One of these significant breakthroughs was the release of Vena Copilot for FP&A, an AI-powered assistant purpose-built to act as an extension of your FP&A team. Vena Copilot leverages machine learning to provide predictive insights, automate routine tasks and support strategic decision-making. This innovation exemplified our commitment to staying ahead of the curve and continuously adding value for our customers. Another recent milestone was the launch of Vena for Microsoft PowerPoint. This feature allows customers to create dynamic presentations directly from their Vena data, ensuring that stakeholders always have the most up-to-date information. It streamlines the reporting process and makes it easier for finance teams to communicate their insights effectively. Achieving Centaur Status: Thanks to Our Customers and Team Reaching $100 million in ARR is a significant milestone, but it is not just a testament to our product—it reflects the trust and support of our customers and the dedication of our talented team throughout the years who have built the foundation of Vena and continue to drive its success. Organizations across industries have embraced Vena for its ability to streamline their financial processes, provide actionable insights and drive better business outcomes. Our customers' success stories are the true measure of our achievements. As we celebrate this significant milestone, we remain focused on the future. Our product vision and roadmap are guided by the evolving needs of our customers. We continue to invest in innovation, exploring new technologies and expanding our capabilities. The journey ahead is exciting, and we are committed to maintaining the momentum that has brought us this far. Looking Ahead: The Future of Vena Our mission at Vena has always been to empower businesses to make better decisions through smarter planning. As we look to the future, we are excited about the possibilities that lie ahead. From enhancing our artificial intelligence and machine learning capabilities to expanding our integrations and user experience, we are dedicated to pushing the boundaries of what our platform can achieve. Our journey to Centaur status is a story of vision, perseverance and collaboration. It is a story of how three founders, driven by a shared belief in the power of technology, built a company that is reshaping the CPM landscape. As we continue to grow and innovate, we remain committed to our core values and to the success of our customers. Here’s to the next chapter in Vena’s journey—a journey that we are proud to share with all of you. Rishi Grover Co-founder and Chief Solutions Architect, Vena Solutions Media Contact: For immediate inquiries or more details regarding our latest business news, please contact: Jonathan Paul Vice President, Content Marketing jpaul@venacorp.com

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Vena Elevates Le Huong Truong to Chief Legal Officer To Support Next Stage of Growth  

Promotion recognizes Truong's exceptional leadership and pivotal role in navigating Vena's global expansion and strategic initiatives TORONTO – April 22, 2024 – Vena is pleased to announce the promotion of Le Huong Truong from Senior Vice President, General Counsel and Corporate Secretary to Chief Legal Officer. In her new role, Truong will spearhead legal strategy and oversight critical to driving Vena's growth trajectory as it continues to evolve financial planning and analysis (FP&A), operational planning and beyond for decision making, planning agility and operational efficiency for businesses. "Le has always been an amazing partner to the executive team and a champion of our culture,” said Hunter Madeley, CEO of Vena. “Her team continues to do important work in the service of our customers and all our employees. This promotion recognizes both the quality of work Le has always committed herself to, and the passion she has for what we are building together." The role of Chief Legal Officer requires a deep understanding of the mechanics of Vena’s business across the globe and an ability to balance innovation, growth, governance and risk mitigation. Truong joined Vena in 2020 as Vice President and General Counsel and has since played a pivotal role in managing risk and facilitating the company's growth initiatives. Notably, she was instrumental in securing Vena’s Series C funding round, which raised approximately $300 million, marking one of the largest funding rounds for a Canadian tech company. Prior to her tenure at Vena, Truong held legal positions at CDW, the Ontario Lottery and Gaming Corporation and Davies Ward Phillips & Vineberg LLP. "It is an honor to take on the role of Chief Legal Officer at Vena, especially during such a transformative period for the company,” said Truong. “I look forward to continuing to collaborate with our talented teams to drive innovation and growth in service of our customers, partners and community.” With Truong's appointment, Vena reinforces its commitment to fostering top-tier talent and positioning itself for continued success in the dynamic financial technology sector. About Vena Vena is the only Complete Planning platform natively integrated with Microsoft 365. Vena streamlines financial and operational planning, simplifies reporting and analysis processes, and provides advanced analytics and modeling capabilities to help business, finance and operations leaders make agile and more informed business decisions. With Vena, you can leverage the power of Excel and AI-powered insights in a unified, cloud-based platform that enhances productivity, collaboration and insights. Over 1,700 of the world’s leading companies rely on Vena to power their planning. For more information, visit  venasolutions.com.  Media Contact  For immediate inquiries or more details regarding our latest business news, please contact: Jonathan Paul  Vice President, Content Marketing  jpaul@venacorp.com 

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March Is Network for Women Month at Vena

Vena employees champion equal opportunity for all in the workplace March promises to be a month of inspiration, empowerment and advocacy at Vena as we come together to honor women's contributions and champion gender equality in the workplace, thanks to Vena’s employee resource group, Network for Women (N4W VRG). It’s Women’s History Month, but they have officially named March, Network for Women (N4W) Month at Vena, a time to celebrate and recognize the remarkable contributions of women within our organization and around the world. "We are thrilled to kick off N4W Month at Vena where we'll be celebrating the strength, resilience and accomplishments of women in our workplace and beyond," says Diane Frysztacki, N4W Co-Chair and Senior Practice Manager at Vena. "This month is an opportunity for all of us to come together, learn from each other and work toward creating a more equitable world." Vena employees are encouraged to take part in a variety of events aimed at raising awareness and facilitating dialogue on gender equity, diversity and inclusion. Some of the month’s highlights include: The unveiling of a special art installation honoring inspirational women from diverse backgrounds at Vena’s headquarters in Toronto. A presentation and interactive discussion hosted by Fora: Network for Change on breaking down barriers and promoting gender equality in the workplace. A social for employees hosted by N4W which includes an in-office movie screening complete with theatre snacks. And much more ... Carrie White, N4W Co-chair and Partner Account Manager at Vena, shares, “N4W Month is a platform for us to celebrate the achievements of women, acknowledge the progress we've made and reflect on the work that lies ahead. Together, we can break down barriers and create an environment where everyone can thrive.” “N4W Month is a platform for us to celebrate the achievements of women, acknowledge the progress we've made and reflect on the work that lies ahead.” —Carrie White N4W Co-chair and Partner Account Manager at Vena Network for Women is one of Vena’s eight employee resource groups. Earlier this year, we announced the formation of Vena Families, our VRG committed to fostering an inclusive and supportive environment where family caregivers and allies can connect, share experiences, access resources and receive the support they need to thrive both personally and professionally. Our other VRGs are: Mental Health – Mental Health and Well-Being Melanite – Black Employees and Allies Vena Cares – Charitable Giving Va11y – Disability and Accessibility Advocacy Spectrum – 2SLGBTQIA+ Employees Green Team – Sustainability and Green Initiatives Vena, one of Greater Toronto’s 2024 Top Employers, is dedicated to fostering a workplace culture that prioritizes diversity, equity and inclusion. To learn more about Life at Vena, click here. For more information about Vena’s award-winning Complete Planning platform, please visit www.venasolutions.com.

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Vena Launches New Employee Resource Group To Support Family Caregivers and Allies

As the workforce landscape continues to evolve, we recognize the importance of supporting employees who take on caregiving responsibilities outside of the workplace. Whether caring for children, aging parents or family members with an illness or disability, family caregivers play a critical role in our communities and workplaces. That’s why we’re excited to announce the launch of Vena Families, our newest Vena employee resource group (VRG). The group aims to provide valuable resources, support and advocacy for family caregivers and allies of caregivers within our company, including those who are family planning and those who are caring for an elderly loved one or person with a disability. The Vena Families VRG is committed to fostering an inclusive and supportive environment where family caregivers and allies can connect, share experiences, access resources and receive the support they need to thrive both personally and professionally. Pam DeMesa, Vena Families Chair and Team Lead, Executive Administration at Vena says, " At Vena, we understand that the responsibilities of caregiving extend beyond the workplace, and we are committed to fostering a culture that acknowledges and supports the diverse needs of our employees. Vena Families will play a crucial role in building a sense of community, understanding and assistance for those who contribute not only to our company's success, but also to the well-being of their loved ones." “Vena Families will play a crucial role in building a sense of community, understanding and assistance for those who contribute not only to our company's success, but also to the well-being of their loved ones." —Pam DeMesa Vena Families Chair and Team Lead, Executive Administration at Vena Vena Families will offer a variety of initiatives, including educational workshops, networking events, support groups and access to community resources to empower family caregivers and allies to navigate caregiving duties effectively. Some recent initiatives included a Take Your Family to Work Day, Sponsor-a-Family during the holidays and Care Café, a monthly session to support and inspire others through lived experiences in a no-judgment space. “We understand the challenges of balancing work and caregiving responsibilities, so I am thrilled to see Vena Families launch at Vena,” says Tracey Mikita, Chief People Person at Vena. “This employee-led initiative demonstrates our ongoing commitment to supporting the diverse needs of our employees and creating a workplace culture that values inclusion, empathy and support. I look forward to seeing the positive impact the Families VRG will have on our employees and their families." Vena resource groups have greatly impacted how Vena builds community internally, as well as how it supports external communities. Each VRG provides a safe space for individuals to be their authentic self and provides them with the opportunity to mobilize with others on initiatives that celebrate and support their communities. All VRGs are led by Vena employees and supported by at least one executive member, who are all passionate about building inclusivity, awareness and community. Vena Families is Vena’s eighth employee resource group. Our other VRGs are: Network for Women (N4W) — Women+ Advocacy Mental Health – Mental Health and Well-Being Melanite – Black Employees and Allies Vena Cares – Charitable Giving Va11y – Disability and Accessibility Advocacy Spectrum – 2SLGBTQIA+ Employees Green Team – Sustainability and Green Initiatives Vena, named one of Greater Toronto’s 2024 Top Employers, remains dedicated to fostering a workplace culture that prioritizes diversity, equity and inclusion, where all employees feel supported, valued and empowered to bring their authentic selves to work. To learn more about Life at Vena, click here. For more information about Vena’s award-winning Complete Planning platform, please visit www.venasolutions.com.

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Vena Sales Leader Lauren Chisholm Recognized as a 2023 Top 100 Global Sales Leader  

Commitment to excellence and ability to navigate the complexities of the global sales landscape among reasons for GSL recognition We are proud to announce that Lauren Chisholm, Vice President, Area Sales at Vena, has been honored as one of the Top 100 Global Sales Leaders (GSL 100) for 2023. This prestigious accolade is a testament to Chisholm's exceptional leadership, strategic insights and outstanding contributions to the field of sales. The GSL 100 program recognizes individuals who have demonstrated unparalleled dedication, innovation and results in the dynamic and competitive landscape of sales. Lauren Chisholm's inclusion in this esteemed list reflects her remarkable achievements in driving sales growth, fostering customer relationships and spearheading initiatives that align with Vena's commitment to excellence. "Lauren has consistently exhibited exceptional leadership and has a keen understanding of the intricacies of sales. Her disciplined approach, along with her unwavering commitment to customer success, has played a pivotal role in Vena’s continued growth and success,” said Peter Gilfillan, Chief Sales Officer at Vena. Chisholm’s ability to navigate challenges, identify opportunities and inspire her sales team has positioned her as a standout professional in the industry. Her commitment to innovation and customer satisfaction has not only enhanced Vena's market position, but has also set a high standard for global sales leadership. We extend our heartfelt congratulations to Lauren Chisholm on this well-deserved honor. Media Contact Jonathan Paul Vice President, Content Marketing jpaul@venacorp.com

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Mindful October: Vena Shines a Light on Mental Health in the Workplace

Vena exemplifies dedication to mental health awareness and to fostering a workplace where well-being is a shared commitment This October, Vena’s Mental Health employee-run resource group is once again devoting the entire month to promoting mental health awareness and building a supportive environment at work. “Celebrating Mental Health Awareness Month in October is not just a month-long endeavor; it's a reflection of our organization's ongoing commitment to the well-being of our employees and to fostering a healthier and more productive workforce. It's a reminder that mental health is not a taboo topic, but a vital aspect of our lives that deserves attention, understanding and support,” says Jean Goldsmith, Mental Health Co-chair and Senior Director, Learning & Development at Vena. This is the third year the employee-run resource group (we call them Vena resource groups—VRGs—in our organization) is dedicating a month-long campaign to spreading awareness about mental health and addressing and overcoming stigma around mental illness. "Celebrating Mental Health Awareness Month in October is not just a month-long endeavor; it's a reflection of our organization's ongoing commitment to the well-being of our employees.” —Jean Goldsmith Mental Health Co-chair and Senior Director, Learning & Development at Vena Breaking down the barriers to mental health conversations in the workplace is an essential step toward building a workplace where every employee can flourish both personally and professionally. To create this environment where employees feel safe opening up about their mental health, Vena champions a culture of inclusivity, empathy, understanding and support, and stands behind the initiatives of the Mental Health VRG. These include mental health awareness training, destigmatizing messaging, access to self-care resources and tools and the establishment of space spaces for those seeking help. “When employees know that their well-being is valued, they are more likely to seek assistance when needed. This leads to increased overall job satisfaction, reduced absenteeism and a more resilient, thriving workforce,” says Greg Jones, Mental Health Co-chair and Director, Facilities at Vena. “When employees know that their well-being is valued, they are more likely to seek assistance when needed.” —Greg Jones Mental Health Co-chair and Director, Facilities at Vena World Mental Health Day The month-long celebrations are in recognition of Mental Illness Awareness Week (October 1–7) and World Mental Health Day (October 10). Through the many activities planned, The Mental Health VRG hopes to emphasize how important it is to prioritize your well-being and to make a commitment to nurture your body, mind and soul—inside and outside of work—on an ongoing basis. Some of the activities Vena is organizing for its employees throughout the month include: A 30-Day Mental Health Challenge Well-Being Mondays, where employees will be guided with activities and tips to start their weeks off with a healthy state of mind. Meditation Wednesdays, Massage Days and Yoga Fridays Book Club Discussions, featuring books on health and well-being Tips for Talking About Mental Health Eating Well for Mental Health A Collaboration with Vena’s Network for Women+ to highlight Women’s Mental Health Awareness A Cuddle Fest – Bring Your Pet to Work Third Annual Comedy Show (an in-person event this year at the Vena Office) Dedicating a month to mental health awareness at work transforms silence into understanding, stigma into empathy and struggle into solidarity—something the Mental Health VRG will continue to advocate throughout the entire year. “We want to ensure that we are creating spaces at Vena where anxiety and stress are unwelcome guests, and where mental health and well-being are cherished companions. With the right tools and support in place, we will continue to transform our working environment into a healthy space where innovation and fulfillment will thrive,” says Jean. Vena Is a Fun Place To Work. Come Grow With Us. We’re hiring! Vena has offices in Toronto, Canada and in London, England. Visit our Careers page for current job openings or follow us on LinkedIn, Instagram, Twitter or Facebook to learn more about life at Vena.

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Advancing Gender Equality and Diversity During Women’s History Month at Vena

This March at Vena, we’re celebrating Women’s History Month as we look at the past, present and ongoing achievements of women in technology and beyond. During the month, we’re proud to highlight the work of one of our employee-run resource groups, what we call Vena Resource Groups (VRGs) in our organization. That group is the Network for Women VRG (N4W), founded in 2018 as the company’s first VRG, paving the way for many more. Vena Resource Groups highlight Vena’s commitment to diversity, equity and inclusion (DEI). “Our DEI strategy and initiatives are focused on creating the space and freedom for our employees to be themselves and to celebrate and value our unique lived experiences,” explains Shada McShannon, Director, People Partners & DEI at Vena. “One of the ways we are able to do this is through creating community across our VRG network. Employees are encouraged to find space for community and connection, discuss their common lived experiences, and are given a platform to join the important conversations happening internally and externally.” Vena’s Network for Women N4W aims to address the interests, challenges and hurdles women+ experience in the workplace by providing opportunities and support for women+ to achieve success on their own terms. “As an employee, it's important to me that my organization creates a safe space for women+ to connect and feel a sense of community. That’s why I was eager to join Network for Women, first as a committee member and now as a co-chair of the VRG,” says Diane Frysztacki, Network for Women Co-chair and Senior Practice Manager at Vena. Vena’s Network for Women is focused on: Advocating for a safe and inclusive workplace by providing access and opportunities to women+, with intersectionality in mind, to network, foster leadership skills and share best practices. Partnering with leadership to promote gender equity. Improving Vena’s ability to attract and retain women+ at all job levels. Diane explains this is a year-round focus for N4W, not just during Women’s History Month. “Creating a safe and inclusive workplace for women+ means that women's rights are not something we are paying lip service to or are a flavor of the month here at Vena, but something we are dedicated to as part of our culture. Together, we recognize and believe that it’s critical for every Venanite to show up each day as their genuine selves. By doing so, we are acknowledging our sameness and our differences and feel safe speaking from our unique perspectives in a workplace that equally values everyone's opinion,” she says. “Creating a safe and inclusive workplace for women+ means that women's rights are not something we are paying lip service to or are a flavor of the month here at Vena, but something we are dedicated to as part of our culture.” —Diane Frysztacki Network for Women Co-chair and Senior Practice Manager at Vena Highlighting Women’s Stories in the Workplace Throughout Women’s History Month, we’ll be hosting a series of events and learning labs for our employees, customers and partners. International Women’s Day We’ll be kicking off events this month by hosting a virtual internal panel event on March 8, International Women’s Day, in line with this year’s theme of “DigitALL: Innovation and Technology for Gender Equality.” During the panel, a few women on our Executive Leadership Team will be sharing their personal experiences and revealing how they've overcome challenges throughout their career journeys. Vena employees can also celebrate International Women’s Day in person at Vena’s Toronto headquarters. N4W is bringing in treats and raffle opportunities for all to enjoy. Women in Finance You can catch our video and blog series on Women in Finance throughout the month on YouTube and on the Vena blog. Christine Harms The first session, Building a Successful Career in Corporate Finance, will run on March 8 with Christine Harms, Senior Director of Finance at the Arizona Cardinals. Christine will be sharing how she overcame her career hurdles and what inspires her in her industry. She’ll also discuss mentors who helped her reach her current position and why advocacy and mentorship are critical for career growth. Find out what advice Christine was given as she began her career in corporate finance and pick up her tips on leveling up your technical and soft skills. You’ll also get insights into gender gap issues in the industry and learn how to clearly—and successfully—ask for what you want without compromising your career advancement. Melissa Howatson On March 15, the second session, Harnessing Your Finance Leadership Potential, will run with Melissa Howatson, CFO at Vena. Melissa will be sharing her journey to the CFO role. She’ll speak about the CFO role’s evolution and its extension beyond finance skills. She’ll also discuss the core competencies successful leaders must have and the growing importance of finance in today’s organizations. Hear her advice for future finance leaders on entering the leadership track and how, together, we can empower the next generation of women finance leaders. Muneerah Kanji Meet Muneerah Kanji, Vice President of Finance at Vena, in our third session, Finding Work-Life Balance in the Hybrid Workplace, on March 22. Muneerah will share what’s needed to maintain a successful work-life balance. She’ll also be discussing the differences between successfully working remotely, on-site or in a hybrid environment. Get advice on establishing boundaries and setting time aside for you and your family. And find out which lessons Muneerah wishes she’d learned much earlier in her career. Larysa Melnychuk On March 29, Larysa Melnychuk, Founder and CEO of FP&A Trends Group, will discuss where finance teams are headed in Navigating the Future of Finance. Hear about Larysa’s career’s pivotal moments, how they led her to develop the FP&A Trends Group and how they informed her role as its CEO. Find out how business partnering is evolving and how technology—such as cloud solutions, AI/MLI, and blockchain—are affecting finance operations. Hear Larysa’s predictions on the expansion of finance, how it will affect women in this industry, finance’s “next big thing” and how you can prepare for that future. The Impact of Women Executives We’re proud of the representation of women on our Executive Leadership Team (ELT) at Vena. Women make up 60% of Vena’s ELT in comparison to an industry average of 24% representation of women in tech C-suites. Throughout March and beyond, we’ll be highlighting some of Vena’s women ELT members in a series of blog interviews. Be inspired by their career journeys and tune in for their empowering advice for women+ on the rise. Women make up 60% of Vena’s ELT in comparison to an industry average of 24% representation of women in tech C-suites. Did you know? Vena has won Comparably Awards for Best Company for Women, Best CEO for Women, Best CEO for Diversity, Best Company Culture, Best Company for Diversity and more. For the full list of Comparably awards Vena won in 2022, click here. Click here for Comparably awards Vena won in 2021. Come grow with us! Vena is hiring. We have offices in Toronto, Canada and in London, England. Visit our Careers page for current job openings or follow us on LinkedIn, Instagram, Twitter or Facebook to learn more about life at Vena.

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Black History Month at Vena: Coming Together To Show Up, Speak Up and Team Up

This February at Vena, as we celebrate Black History Month, we’re taking a look at what Black History Month means through the eyes of our employees. For some, this month means acknowledging all the people who came ahead of us, recognizing their achievements and paying tribute to the pioneers who paved the way for us today. For others, it’s a time of reflection and unity, to come together to address the challenges we’re still facing in our society. “Black History Month to me is a month of reflection and unity. I use this month to reflect on how far we’ve come, but also to unite and discuss some of the challenges we still face.” —Babatunde Akinpelu Senior Manager, Application Support at Vena This month also marks the one-year anniversary of the formation of Melanite, our Black employee-run resource group. The group, which supports Black employees throughout the organization and community, is open to all employees looking to learn, grow and contribute to a diverse, inclusive and supportive work environment. “Melanite is our safe space where we can all come together to normalize Blackness and amplify Black voices, culture and experiences inside and outside of our workplace,” says Siobhan Mondesire, Melanite Co-chair and Vice President of Demand Generation at Vena. What does this safe place feel like for Black employees? It welcomes them to have uncomfortable discussions, promote dialogue, feel supported and build trust throughout the organization. Siobhan explains, “This includes supporting Black employees’ well-being and recognizing their anger, exhaustion and grieving when they are often faced with traumatic stories and images about racial violence in the news. It also means providing them with resources and tools to tackle some of the issues Black employees face in the workplace and addressing them collectively through opportunities for learning and growth. So when it comes to our diversity, equity and inclusion practices, we’re asking what more can we do to continue building a diverse workforce—and more importantly, making it a company-wide effort. ” Strengthening Vena’s Culture Vena employees will connect and learn from one another this month during a roundtable discussion on disarming microaggressions and the role we can all play to become better allies in the workplace. “In this roundtable, participants across Vena will learn about the practical strategies they can apply when they overhear or witness a microaggression so they can feel empowered to be an upstander. They’ll also leave the session with a personal commitment and action, ” explains Shada McShannon, Director, People Partners & DEI at Vena. Honoring Black Leaders—Past, Present and Future “When I think of Black History Month, I think of all the people who came ahead of me and paved the way for people not only of my skin color, but people of all skin colors. The people who had no intention of being labeled as exceptional people of history, but were doing what they felt was right or what they felt like should happen in the world … ” —Jarran Francis Senior Manager, Customer Success at Vena Throughout Black History Month, we’ll be highlighting the achievements of Black leaders throughout time, bringing together Black Vena customers to discuss what it’s like being a Black professional in finance and also telling the stories of Black professionals in tech who are excelling in their careers and shaping history today. For this year’s Obsidi by BPTN Awards, we’re hoping some of Vena’s top talent nominees will be recognized for their achievements in the industry. Creating Our Best Future “What does Black History Month mean to me? It means opportunity. It means visibility.” —Olalekan Adebayo, Manager, Application Support at Vena Black History Month is a time to learn, grow and celebrate, but it also inspires us to look toward the future and continue to show up, speak up, team up and lift others up—to make a real difference in our personal and professional lives every day which carries through beyond this month. How will we do that at Vena? Melanite will continue to share resources and tools for Vena employees to use to continue learning and growing inside and outside of work. They’re also keen to look for more ways to bring diverse Black communities together to create intergenerational connections, support and opportunities. Recently, Melanite partnered with BlackMINT, a Canadian non-profit organization focused on inspiring Black youth to pursue careers in the tech sector, to close the financial and software literacy gap for Black students and break down barriers in tech. They hosted free Excel Microsoft training and mentorship workshops for underrepresented youth both virtually and at Vena’s headquarters in the Liberty Village area of Toronto. Did you know? Last year, Vena won Comparably Awards for Best Company Culture, Best Company for Diversity, Best Company for Women, Best CEO and more. For the full list of Comparably awards Vena won in 2021, click here. Come grow with us! Vena is hiring. We have offices in Toronto, Canada and in London, England. Visit our Careers page for current job openings or follow us on LinkedIn, Instagram, Twitter or Facebook to learn more about life at Vena.

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