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This release was originally published on GlobeNewswire. Nucleus recognizes Vena as an industry Leader for sixth straight year in 2019 Corporate Performance Management (CPM) Technology Value Matrix February 28, 2019 (Toronto, ON) – Vena Solutions, the fastest growing provider of cloud-based financial planning and analysis (FP&A) software, is proud to announce that Nucleus Research has named it a Leader for the sixth year in a row in its 2019 Corporate Performance Management (CPM) Technology Value Matrix. Evaluated on usability and functionality, Vena was ranked highest on ease-of-use – beating out niche vendors such as Adaptive Insights and Host Analytics, and global giants such as Oracle and IBM. “Vena Solutions is a formidable player in the CPM market and an undisputed leader in product usability,” said Andrew MacMillen, Analyst at Nucleus Research. “The company has swiftly worked its way up the Leader quadrant largely due to its focus on ease-of-use – embracing, not replacing Excel – that is unmatched by its competitors. Customers consistently report rapid user adoption and Vena’s ability to accommodate the full spectrum of their FP&A requirements, as reasons for its consistent leadership in customer satisfaction.” “I’m extremely proud to see Vena move up its position as a Leader year over year, especially as we outpace industry veterans who have enjoyed a one to two decade head start over Vena,” said Don Mal, CEO at Vena Solutions. “Vena has always placed product usability and customer satisfaction as key priorities, and our advanced position in the Nucleus report is the latest testament to this fact.” Additional drivers behind Vena's market leader ranking include its: Broad Functionality and Applications – across and beyond the finance function, including budgeting, planning, revenue forecasting, financial close management, reporting and regulatory disclosure; Enterprise-class Platform – combining its renowned Excel interface with a centralized database, sophisticated workflow, powerful reporting and advanced analytics for the full spectrum of customers’ FP&A needs; Powerful Integrations – including streamlined Power BI integrations,in addition to integrating with NetSuite, Intacct, Salesforce, FinancialForce and hundreds of enterprise applications; Ad Hoc Analysis – enabling customers to explore company-wide data, get new insights and report on them in seconds, all tapping into powerful data analytics within the comfort and flexibility of Excel. For more details on the Nucleus Research 2019 Technology Value Matrix for CPM, please visit https://content.venasolutions.com/cfo-playbook/nucleus-cpm-technology-value-matrix-2019. For more information about Vena Solutions, visit: Vena’s Website @VenaSolutions on Twitter Vena on LinkedIn Vena’s Blog: The CFO Playbook About Vena Solutions Vena Solutions redefines how medium and large-sized companies manage their budgeting, forecasting and business planning. Vena provides finance and management teams a financial planning and analysis (FP&A) cloud that combines Excel with a centralized database, sophisticated workflow, powerful reporting and advanced analytics. Over 500 of the world’s best companies use Vena to get trusted insights that drive faster, smarter business decisions. Vena is one of the fastest growing companies in its sector and the recognized leader in customer satisfaction and product usability. Visit us at www.venasolutions.com. Media Contact Noor Manji | Vena Solutions +1-647-700-0046 nmanji@venacorp.com

Vena Solutions participates in the first women/non-binary focused hackathon in Canada By Chloe Silver I am a steadfast believer in the future of women in tech. As a user experience designer here at Vena, I have seen first-hand the value of a truly diverse work setting, as well as the opportunities lost when diversity is overlooked. When our People Coordinator Extraordinaire, Cathy, mentioned a possible mentorship opportunity with ElleHacks, I was eager to see how I could volunteer my time to such a worthy cause. About ElleHacks It is a known issue that women and non-binary folks are underrepresented in the tech industry, especially so in competition-based atmospheres like hackathons. If you’ve ever attended a hackathon, you know how intense these 52-hour weekends can be. From Friday evening to Sunday afternoon of a cold February weekend in Toronto, high school and university students gathered at the Lassonde School of Engineering at York University to identify some of the world’s wicked problems – then ideate, develop, design and finally present their solutions. The special energy that comes from a lack of sleep, intense crash course-style peer learning, and in many cases the empowerment of writing one’s very first line of code, is unmatched in any other setting. The energy is undoubtedly magnified by a room full of capable, intelligent and motivated young women and non-binary coders – new and experienced. This amazing energy, in its very essence, is ElleHacks. My Hackathon History Having participated in several hackathons myself over the years, I immediately recognized the importance of providing a hackathon atmosphere in a safe space for women and their non-binary peers. The tech industry is certainly male-dominated, and hackathons are a perfect way to display the importance and excitement that a career in STEM (Science, Tech, Engineering and Math) fields can offer the oft-overlooked side of the gender spectrum. From Friday to Sunday, I could not wipe the look of amazement off my face. As I did my best to mentor each of the teams in user experience design on their chosen projects, I was impressed again and again by the participants’ bravery and willingness to tackle some large-scale issues, as well as try their hand at development, design, product management and more. Particularly inspiring was a group of three girls in high school who planned, designed and built a website to help new university students find clubs and teams that could provide them with a sense of community through a period of transition. The idea was awesome and the fact that none of them had written a line of code before was particularly mind-blowing to me! Women & Tech Not only did we cover applied STEM methodologies in the tech industry, but I was equally impressed that topics of promotion, self-worth and confidence came up often throughout the weekend. Women face many, many and still many more barriers in understanding and promoting their skills and talents, and are rarely given the benefit of the doubt beyond predetermined stereotypes and expectations. This plays a big factor in keeping women out of technically-demanding fields, ones that have historically been reserved for men. As a mentor in design and a woman in tech, I showed participants that it’s okay, even worthy of celebration, to self-promote, promote each other, and generally believe in one’s skills to beat the odds and topple the status-quo. Vena Cares On a final note, I want to give a big shoutout to Vena for seizing the opportunity to take part in such a worthy cause. Along with my coworkers Cathy, Sheri, Mitch, Camilla, Ehsan and Mustafa, I really think we made a difference in showing these young people how they might visualize themselves as part of the tech industry in their not-so-distant future. Events like ElleHacks are crucial to the success of Toronto's tech industry and the leadership role Vena can play in it. They offer us an opportunity to give back to the community, and to complement the mandate of Vena's own Network For Women (N4W) initiative. Vena’s N4W holds quarterly public events that are open to everyone, no matter how you self-identify. We welcome you to join us in our ongoing quest to promote, celebrate and increase the level of diversity in the tech industry in Toronto, and all over the world. For more stories from the front lines of product development, engineering and community involvement, check out Vena's Engineering Blog. Chloe Silver is a User Experience and Interface (UX/UI) Designer at Vena Solutions, and an active member of the company's N4W initiative. When she's not improving the company's software experience, Chloe enjoys working on data visualizations, interactive Arduino projects and her personal blog about design and other topics. Vena’s partnership with ElleHacks could not have been possible without its chair, Simran Kanda, and lead organizer Shruti Patel.

This release was originally published on GlobeNewswire. N4W addresses the challenges and hurdles women+ experience in the workplace by providing opportunities and support for women in tech to achieve success on their own terms January 31, 2019 (Toronto, ON) – Vena Solutions, the fastest growing provider of cloud-based financial planning and analysis (FP&A) software, is proud to announce the launch of Network for Women (N4W). N4W is a grassroots initiative founded by Vena employees that provides access and opportunities for those who identify as women to network, foster leadership skills and connect with mentors across Toronto’s growing technology community. The official N4W launch took place at Vena’s Toronto headquarters last week and featured a panel discussion titled Challenge & Change: Navigating the Tech Space. The conversation drew on first-hand experiences, positive and negative, unpacking a range of issues including: Tackling and navigating workplace discrimination. Recognizing and rooting out unconscious biases in hiring and management practices. The important role advocates of all genders play in shaping equality in the tech industry. The organization focuses on supporting and enhancing women’s professional development. Future events will include workshops, employee mentorship programs, community outreach initiatives and partnerships with other women’s networks locally. N4W will also collect and benchmark company and industry statistics on gender equity, bias, and diversity in the workplace to recognize accomplishments and identify areas that warrant further improvement. “Carrie Tanguay and I co-founded the Network for Women due to the challenges we have personally faced, and witnessed other women face, within the industry,” said Shayenda Suyeshkumar, Co-Chair of the Network for Women. “Studies show that women are leaving technology companies at a higher rate than men, and that there is less representation of women in leadership positions. We are creating a space for women+ to come together to share both their setbacks and successes, provide each other with guidance and mentorship, and ultimately create a real sense of community and solidarity.” “Vena is committed to creating an environment where gender equity is simply a given,” said Don Mal, CEO at Vena Solutions. “As a company, we’ve made great strides in terms of inclusivity and diversity, but we continue to strive to set the bar for the industry. We are confident that N4W will help guide Vena in the right direction. I am personally very proud of the founders of N4W and continue to encourage employee-led initiatives within the organization.” For more information, visit: N4W Website @VenaN4W Vena Solutions About Vena Solutions Vena Solutions redefines how medium and large-sized companies manage their budgeting, forecasting and business planning. Vena provides a cloud-based financial planning and analysis (FP&A) solution that combines Excel with a centralized database, sophisticated workflow, powerful reporting and advanced analytics. Over 500 of the world’s best companies use Vena to get trusted insights that drive faster, smarter business decisions. Vena is one of the fastest growing companies in its sector and recognized leader in customer satisfaction and product usability. Visit us at www.venasolutions.com.

JMI Equity leads growth capital investment, joined by existing Vena investor Centana Growth Partners January 9, 2019 (Toronto, ON) – Vena Solutions, one of the fastest growing providers of cloud-based financial planning and analysis (FP&A) software, is proud to announce it has raised $115 million in equity financing. Software-focused growth equity firm JMI Equity led the round, and was joined by existing investor Centana Growth Partners who led Vena’s $30 million financing in 2016. Vena will use the investment proceeds to accelerate its industry-leading growth and scale its operations to meet the financial and business planning needs of thousands of customers worldwide. “Vena has proven its value to hundreds of satisfied customers with software that’s easy to use, quick to adopt and instrumental for making timely, informed business decisions,” said Don Mal, CEO at Vena Solutions. “Today Vena joins a small number of Canadian tech firms with the people, product and global potential to attract an investment north of $100 million.” Vena is the recognized market leader in customer satisfaction and easy-to-use FP&A software, giving customers the information they need for better, faster planning and decision making. JMI has a more than 25-year track record financing and helping growth software businesses become industry leaders, including Eloqua, PointClickCare, ServiceNow, and Workfront. Since 1992, JMI has completed over 140 investments, more than 90 exits and 19 IPOs. “JMI invests in companies with proven business models and clear potential for accelerated growth; on all counts, Vena hit the mark,” said Peter Arrowsmith, general partner at JMI Equity. “Vena’s customers aren’t just satisfied – they’re passionate about the company’s software and its solution to multiple pain points in finance today. We look forward to working with the Vena team to capitalize on the company’s numerous growth opportunities.” “Centana first invested in Vena largely because of its unique product vision – a financial analytics platform that’s both powerful and easy for anyone in business to use, whether for finance, regulatory compliance, or other business purposes,” said Eric Byunn, partner at Centana Growth Partners. “Today we’re proud to be doubling down on Vena after seeing how valuable that vision has proven to be. With more customers, recognized market leadership and an even stronger team, Vena is poised to become a household name in business software.” “We already know how to win in this market. Our next step is to scale up and lead the industry with even greater growth, and JMI is the perfect new partner to help us get there,” added Mal. SurePath Capital Partners served as exclusive financial advisor to Vena for this round of funding. About Vena Solutions Vena Solutions redefines how medium and large-sized companies manage their budgeting, forecasting and business planning. Vena provides a cloud-based financial planning and analysis (FP&A) solution that combines Excel with a centralized database, sophisticated workflow, powerful reporting and advanced analytics. Over 500 of the world’s best companies use Vena to get trusted insights that drive faster, smarter business decisions. Vena is one of the fastest growing companies in its sector and recognized leader in customer satisfaction and product usability. Visit us at www.venasolutions.com. About JMI Equity JMI Equity is a growth equity firm focused on investing in leading software companies. Founded in 1992, JMI has invested in over 140 businesses in its target markets, successfully completed over 90 exits and raised more than $4 billion of committed capital. JMI partners with exceptional management teams to help build their companies into industry leaders. For more information visit www.jmi.com. About Centana Growth Partners Centana is a unique growth equity firm that invests in the future of financial services. We partner with firms across the entire financial ecosystem, from institutions to fintech disruptors. Centana connects our portfolio companies to a catalyzing community that can help accelerate business growth. With offices in Palo Alto and New York, the Centana team taps into decades of financial services expertise and insight to find partner firms that bring real value and innovation into the industry. For more information visit www.centanagrowth.com. Media Contacts Michael Corcoran | Vena Solutions (416) 529-5709 | mcorcoran@venacorp.com Chuck Dohrenwend or William Braun | Abernathy MacGregor for JMI (212) 371-5999 | cod@abmac.com or whb@abmac.com Adrienne Kim | Vested for Centana Growth Partners (917) 765-8720 | centana@fullyvested.com

Industry research, ROI analyses and proven success factors among resources for CFOs and finance teams to find their perfect Financial Planning & Analysis (FP&A) software TORONTO – Dec. 18, 2018 – Vena Solutions, the fastest growing provider of cloud-based financial planning and analysis (FP&A) software, has unveiled four additions to its library of resources for CFOs and finance teams considering new FP&A software. These resources share objective, expert and research-based insights for every stage of the purchasing process – from identifying internal business needs to evaluating, selecting and implementing the right FP&A software – as well as a new, detailed look into the value of Vena for planning and analysis. New items include guides on Excel and FP&A implementation by AFP (Association of Financial Professionals) and CFO Research, a “for Dummies” ebook on purchasing FP&A software, and a Vena ROI white paper by industry analyst firm IDC. “Vena is committed to empowering CFOs and their finance teams with valuable, objective resources borne out by third-party research and the combined wisdom of hundreds of FP&A professionals,” said Don Mal, CEO of Vena Solutions. “These resources uncover time-tested insights for every stage of the FP&A software journey, including identifying needs, evaluating vendors, selecting the right software, and ensuring it is implemented properly to maximize business adoption and success. “The resources also include new details on the value of Vena’s FP&A software, with IDC’s analysis showing Vena customers seeing an average three-year ROI of 456 percent,” Mal added. New CFO Resources Details At-A-Glance CFO Research Report: “Beyond the Sale: Successfully Implementing FP&A Software” Based on quantitative research, subject matter expert interviews and the experience of hundreds of FP&A software users, the report includes checklists, vendor questions and proven practices for FP&A software implementation success. Access the report here: https://content.venasolutions.com/cfo-playbook/beyond-the-sale-successfully-implementing-fp-a-software Ebook: “Purchasing FP&A Software for Dummies” Vena’s new ebook shares proven steps for evaluating, comparing and selecting the right FP&A software solution. Readers will understand which features are table stakes versus differentiators in FP&A software, and learn the ten questions any business should be asking vendors before making a purchase decision. Access the ebook here: https://content.venasolutions.com/cfo-playbook/ebook-purchasing-fpa-software-for-dummies AFP Guide: “Making Excel Work for FP&A” The guide explores Excel’s evolution and recent advances, add-ins and third-party solutions. It also features insights from multiple practitioners to provide a broad view on how FP&A professionals can get the most out of this ubiquitous application. To download the free guide, visit: https://content.venasolutions.com/cfo-playbook/making-excel-work-for-fp-a IDC White Paper: “Vena Solutions Delivers More Timely, Efficient, and Robust Budgets” This white paper showcases Vena’s role in helping organizations streamline and improve the quality of their budgets and – ultimately – strategic decision making, with benefits including an average 456 percent three-year ROI. Read more about Vena’s value for planning and analysis by downloading the paper at: https://content.venasolutions.com/cfo-playbook/idc-vena-delivers-more-timely-efficient-robust-budgets Vena Makes Deloitte Fast 500™ List for Third Consecutive Year In addition to today’s news, Vena announced it was named one of North America’s fastest growing technology companies in the 2018 Deloitte Technology Fast 500 awards program. The prestigious list celebrates the fastest-growing technology, media and telecommunications companies – both public and private – in North America. View the full list at: https://www2.deloitte.com/us/en/pages/technology-media-and-telecommunications/articles/fast500-winners.html “Vena’s inclusion in the Deloitte Fast 500 is yet another proof point of our incredible growth trajectory,” said Mal. “We continue to exceed our revenue targets, as Vena builds upon its product momentum and customer traction towards accelerated market leadership.” For more information visit: Vena’s Website @VenaSolutions on Twitter Vena on LinkedIn Vena’s Blog: The CFO Playbook About Vena Solutions Vena Solutions redefines how medium and large-sized companies manage their budgeting, planning, forecasting and reporting. Vena provides a cloud-based financial planning and analysis (FP&A) solution that combines Excel with a centralized database, sophisticated workflow, powerful reporting and advanced analytics. Almost 500 of the world’s best companies use Vena to get trusted insights that drive faster, smarter business decisions. Vena is the fastest growing company in its sector and recognized leader in customer satisfaction and product usability. Visit us at www.venasolutions.com/.

This release originally appeared on NASDAQ GlobeWire Customer Satisfaction Leader in FP&A Software Gives Customers Newer Insights into their Data More Quickly and Easily Than Ever TORONTO – Dec. 5, 2018 – Vena Solutions, the fastest growing provider of cloud-based financial planning and analysis (FP&A) software, today announced its latest product release featuring new Ad Hoc Analysis capabilities and several other new features including improved modeler, manager and administrator experiences. Vena continues to bring innovation to its platform, and is trusted by hundreds of worldwide customers and ranked number one in customer satisfaction. With today’s release, it’s even easier for finance teams to use Vena to analyze, explore and gain new insights into their data in a matter of seconds. “Vena’s new release allows finance teams to drill deeper into their data, with an intuitive Excel interface, for powerful and intuitive analysis on the fly,” said Rishi Grover, chief solutions architect at Vena Solutions. “Our platform update marks the latest in Vena’s commitment to product innovation that puts our customers first and foremost. It also gives Vena users instant insights into their data, allowing them to drive decisions that grow their bottom line.” Along with Ad Hoc Analysis, Vena’s new release offers an improved manager interface, an interactive status tracker, new mapping efficiencies, and integration and modeling enhancements. Key details on these new and enhanced features include: Ad Hoc Analysis. Customers can design reports, explore data and get new insights in seconds using Vena’s intuitive Ad Hoc Analysis functionality. The new feature allows for deeper and more insightful analysis, and is built to work the way finance professionals think. With Vena, customers can tap into powerful data analytics within the comfort and flexibility of Excel, navigating company-wide data to uncover new perspectives on their past and future performance. Improved Manager Interface. The new Vena Manager interface makes it easier for budget owners and other managers to navigate across folders, processes and tasks – all with fewer clicks and significantly faster load times. Coupled with improved search and filtering options, Vena lets users focus on what really matters: growing the business. Interactive Status Tracker. Vena’s new status tracker provides even more traceable metrics so managers can track all of their business processes in a single view – including overdue tasks, percentage of tasks completed, and a calendar view of all tasks and their status. Managers can easily stay on top and in control of all their projects and processes. New Mapping Efficiencies. With the New Mapping Summary, users can quickly and easily understand templates. Accounts, departments and business units are conveniently summarized, allowing for updates and changes to be reflected in templates within seconds. Now, users can automatically map rows, columns pages and form variables with fewer clicks, and save time mapping templates with the new Copy and Paste feature. They can also audit template data and review who made what data saves when using Vena’s new preview and export intersections capability. Integration and Modeling Enhancements. Customers can streamline their Power BI and Vena data integrations, uncover new insights in seconds using Vena’s enhanced data integrations and deliver these insights throughout their organizations with beautiful reports and dashboards. New enhancements in data exports empower customers to do more with their data, as well as enabling the export any or all data sets directly from Vena’s centralized database. “Offering new Ad Hoc Analysis capabilities and more, Vena's latest release will benefit users by enabling them to analyze, explore and gain new insights into their data more quickly than before,” said Craig Schiff, president and CEO, BPM Partners. “Vena's deep integration with Excel – the tool that FP&A professionals already know and use every day – continues to be a key differentiator for the company. These and other factors, including an intense focus on its customers, are reasons why Vena continues to rank high for customer satisfaction.” To transform finance departments and automate financial processes such as budgeting, planning, forecasting and reporting, Vena offers customers an enterprise-grade FP&A platform combining workflow automation and a centralized cloud database with a unique Excel interface. Unlike traditional solutions that try to replace Excel with rigid, hard-to-use software, Vena is recognized by customers and analysts alike as the easiest way to get trusted numbers and insights – fast. Availability and Pricing Vena’s new software release is available to existing and new clients today. Pricing is built into the company’s annual subscription plans. For more information visit: Vena’s Website @VenaSolutions on Twitter Vena on LinkedIn Vena’s Blog & Resources: The CFO Playbook About Vena Solutions Vena Solutions redefines how medium and large companies manage their budgeting, planning and forecasting. Vena provides a cloud-based financial planning and analysis (FP&A) solution that combines Excel with a centralized database, sophisticated workflow, powerful reporting and advanced analytics. Almost 500 of the world’s best companies use Vena to get trusted insights that drive faster, smarter business decisions. Vena is the fastest growing company in its sector and recognized leader in customer satisfaction and product usability. Visit us at venasolutions.com.

This release originally published on NASDAQ Globe Newswire Top Ranking Customer Satisfaction and Product Usability Fuel Demand for Trusted, Real-Time Insights from Vena Software in Manufacturing Sector TORONTO – Nov. 1, 2018 – Vena Solutions, the fastest-growing provider of cloud-based financial planning and analysis (FP&A) software, today announced that some of the world’s leading manufacturing companies are driving smarter business decisions using trusted insights with Vena. Manufacturing represents one of Vena’s largest customer segments, with ADAC Automotive, Knape & Vogt, North American Stainless, Armstrong International, Gehr Industries, STEMCO, Icon Aircraft and MC Assembly, as just a few in the company’s growing roster of manufacturing customers. Given the inherent complexities that exist in all areas of manufacturing, accuracy and efficiency are vital to success – whether it’s on the factory floor or in the office of finance. Manufacturers need to maximize profitability within a complicated system of facilities, design specs, supply chains, distribution channels and more. Doing so requires effective budgeting and planning with all these factors taken into account, which in turn requires using the right software with the right, trusted data. “The manufacturing industry lives and dies on accuracy and efficiency, where a micrometer deviation could lead to engines seizing up, or a bottleneck on the assembly line having cascading financial consequences on a company, its partners and customers,” said Don Mal, CEO of Vena Solutions. “Similarly, accuracy and efficiency in budgeting, forecasting or reporting can make or break a business strategy. That’s where finance comes in and – with it – the value of Vena’s power, ease-of-use and broad solutions platform.” “The manufacturing industry lives and dies on accuracy and efficiency.” Don Mal, Vena Solutions Knape & Vogt, producers of functional hardware, storage-related components and ergonomic products, selected Vena’s FP&A software for its usability and ability to connect with its enterprise resource planning (ERP) system to streamline the company’s core finance processes. Combined with its flexibility, Vena provides the firms’ finance team with the time and resources to better collaborate with other departments and play a more strategic role in company-wide planning. “Prior to implementing Vena’s software, we could spend days of manual effort creating weekly dashboards for our managers,” said Jessica Price, financial planning and analysis manager at Knape & Vogt. “With Vena, we’ve slashed that time from days to minutes by automating manual inefficiencies. Some of our most important finance team members have freed up three days a week to work on more strategic projects with our management and sales force.” “Some of our most important finance team members have freed up three days a week to work on more strategic projects with our management and sales force.” Jessica Price, Knape & Vogt Vena helps finance departments eliminate inaccuracies, uncover new insights and gain complete visibility into their budgeting, planning, month-end close and reporting processes, among others. Its solution combines an intuitive Excel interface with a centralized database, workflow automation, powerful analytics and integration with ERP systems and other data sources across departments. For ADAC Automotive, the biggest budgeting, planning and forecasting headache was human error. The finance team needed a more systematic approach to iron out inefficiencies and free up time to analyze data and uncover new insights to help drive company-wide decisions. With Vena’s FP&A software, integrated with Microsoft Dynamics and Excel, ADAC was able to overcome their headaches and help redefine the role of the finance function. “Since we run a lean finance department, we needed to get our budget done in the most efficient way possible,” said Kelly DeWispelaere, financial director at ADAC Automotive. “Vena’s integration with Microsoft Dynamics gives us a single version of our financial data. And when everyone works from the same, trusted numbers, we significantly shorten our budget cycles and find time for in-depth analysis.” Increasingly, accurate numbers and faster budgets are not enough to meet the FP&A needs of today’s manufacturers. Plant managers and CFOs alike need to be able to see the status of their business – and future opportunities – with the real-time data that’s most important to them. With its powerful analytics and company-wide software integration, Vena delivers on these needs with easy access to real-time insights so manufacturers can develop more data-driven business plans for virtually any scenario. “We can now get up-to-the-minute numbers from our general ledger and use them in our budgets, forecasts, and reports. Ultimately, this allows our finance team to play a more valuable and appreciated role in shaping the future of our business,” added DeWispelaere. “Ultimately, this allows our finance team to play a more valuable and appreciated role in shaping the future of our business,” Kelly DeWispelaere, ADAC Automotive According to Forrester, Nucleus Research and others, Vena is the FP&A market leader in customer satisfaction and product usability. Both are functions of the company’s founding vision of using Excel as its end-user interface, a defining feature which remains the company’s top competitive differentiator. For more information visit: Vena’s Website @VenaSolutions on Twitter Vena on LinkedIn Vena’s Blog: The CFO Playbook About Vena Solutions Vena Solutions redefines how medium and large sized companies manage their budgeting, planning and forecasting. Vena provides a cloud-based financial planning and analysis (FP&A) solution that combines Excel with a centralized database, sophisticated workflow, powerful reporting and advanced analytics. Almost 500 of the world’s best companies use Vena to get trusted insights that drive faster, smarter business decisions. Vena is the fastest growing company in its sector and recognized leader in customer satisfaction and product usability. Visit us at www.venasolutions.com.

Report Highlights Key Industry Findings, Best Practices, Guidelines and More to Support Successful Implementation of Financial Planning and Analysis (FP&A) Software TORONTO – September 13, 2018 – Vena Solutions, the fastest growing provider of cloud-based financial planning and analysis (FP&A) software, today announced the availability of “Beyond the Sale: Successfully Implementing FP&A Software,”’ a new research report developed in collaboration with CFO Research Services. Along with new survey findings, the report includes best practices, checklists and case studies to help finance professionals succeed when implementing new FP&A software. “Just as important as selecting the right Financial Planning and Analysis software for your business is ensuring it’s implemented properly, yet there are surprisingly few resources on what makes an implementation succeed,” said Rishi Grover, chief solutions architect of Vena Solutions. “Vena is proud to offer this report, based both on quantitative research and insights from subject matter experts, to fill a vital, unmet need in helping organizations make the most of their FP&A software.” Today’s leading FP&A software systems allow CFOs and their finance teams to automate, accelerate and streamline processes, including budgeting, planning and reporting. They offer deep visibility into the drivers of business performance, and the analytics to predict future performance under varying business scenarios. When implemented successfully, FP&A software can help shape the future of an entire organization. The report reveals, however, that many organizations have yet to adopt practices proven to drive successful software implementation. Key findings from the CFO Research survey of U.S. finance executives include: Nearly three in 10 organizations (29%) do not establish and use clear metrics to measure the efficiency and effectiveness of the financial software they adopt, making it nearly impossible to determine the software’s success with certainty or objectivity. The same number forego a phased approach to financial software implementation, minimizing early opportunities to demonstrate the value of the software – and the finance department – to management and other stakeholders. Nearly two in 10 organizations (17%) do not make the end-user experience a critical factor in selecting and implementing new enterprise financial software, in spite of the make-or-break role it plays in maximizing software adoption. Three out of 10 say their organizations do not consider it very important to integrate their FP&A software not only with financial but also nonfinancial data sources, hampering their ability to perform company-wide, integrated business planning. “Even more valuable than the state of implementation practices today, the report also includes a detailed implementation checklist, vendor questionnaire and other best practices proven effective by subject matter experts and successful implementation experiences of hundreds of Vena customers,” added Grover. Key steps include: identifying all roles, responsibilities and expectations from the outset, breaking the process into manageable phases, and using a collaborative approach between customers and vendors. Also critical to the success of the implementation, the software – and ultimately the business itself – is ensuring end-user involvement throughout the process. “Make sure everyone has a seat that the table to at least discuss their needs and make sure there is buy-in,” Marcus Huffer, IT senior director at Mill Creek Residential, said in the report. “Even if people aren’t necessarily going to be using the model today, it’s good that they know what’s going on. Because once you begin to realize the value in the product, everyone is going to want to use it.” By following the tips and practices in the CFO Research report and guide, organizations can achieve true success in their FP&A initiatives. To download a free copy, visit: https://content.venasolutions.com/cfo-playbook/beyond-the-sale-successfully-implementing-fp-a-software Uniquely embracing Excel to automate financial processes, such as budgeting, planning, forecasting and reporting, Vena offers an enterprise-grade FP&A solution with features including workflow, data management and a centralized cloud database. Unlike traditional solutions that try to replace Excel with rigid, hard-to-use software, Vena is recognized by customers and analysts alike as the easiest way to get trusted numbers and insights – fast. For more information visit: Vena’s Website @VenaSolutions on Twitter Vena on LinkedIn Vena’s Blog: The CFO Playbook About Vena Solutions Vena Solutions redefines how medium and large companies manage their budgeting, planning and forecasting. Vena provides a cloud-based financial planning and analysis (FP&A) solution that combines Excel with a centralized database, sophisticated workflow, powerful reporting and advanced analytics. Almost 500 of the world’s best companies use Vena to get trusted insights that drive faster, smarter business decisions. Vena is the fastest growing company in its sector and recognized leader in customer satisfaction and product usability. Visit us at www.venasolutions.com.

Customer Satisfaction Leader in FP&A Software Introduces More Than 20 New Features Designed to Support Data-Driven Business Decisions TORONTO – Aug. 16, 2018 – Vena Solutions, the fastest growing provider of cloud-based financial planning and analysis (FP&A) software, today announced its latest product release. The new release includes more than 20 new and enhancedfeatures to support Vena’s already-robust business modeling capabilities, with augmented power BI integration, in-product customer support access, and more. “Vena’s ongoing technology innovation puts our customers first and foremost,” said Rishi Grover, chief solutions architect at Vena Solutions. “Our latest product release makes it faster and easier for businesses to adapt to ever-changing conditions – all while maintaining high data accuracy and integrity. Coupled with Vena’s industry-leading user experience, every-day users benefit from powerful new features designed from the ground-up to help them achieve their bottom line.” Vena’s new release includes template design improvements, Power BI, data source integrations, and additional Office 365 functionality. It also builds upon Vena’s strong performance and top-ranked user experience. Worldwide enterprise customers will also benefit from faster calculations and loading times for improved access to valuable, data-based business insights important to their organizations. Specific new release enhancements include: More Powerful & Streamlined Business Modeling Enhanced Power BI Integration. Leverage your Vena data even further with Power BI dashboards – go from data to insights in minutes using business analytics tools. Sandbox Replication and Deployment. Easily migrate Vena processes between cloud tenants, and clone production environments to a sandbox where you can safely make changes. Clear Slices for ETL Templates. Save time while maintaining data integrity and reliability by creating ETL templates for data loads into Vena. Specify intersections cleared and replaced. New Multi Dynamic Row (MDR) Mapping Interface. Streamline the template creation process with a new user interface for mapping multi-dynamic rows to save time and support sophisticated business models. Continuous Performance & User Experience Improvements In-Product Customer Support Access. A single sign-on to Vena's software and customer support portal provides instant access to Vena’s customer support knowledge base. Stay informed about all new features, enhancements and resources. Additional Contributor Functionality for Office 365 and Mac. Benefit from new enhancements including Cascade and Drill Down. Enjoy even more parity with the Windows desktop user experience. “Vena consistently combines power and usability in its software which is why I believe they continue to get high marks from their customers,” Craig Schiff, president and CEO, BPM Partners. “With its latest release, Vena offers enhanced and streamlined modeling capabilities, enabling finance and other business users to better respond to the needs of the organization. In doing so, Vena demonstrates its ongoing commitment to innovation and customer success.” Uniquely embracing Excel to automate financial processes such as budgeting, planning, forecasting and reporting, Vena offers enterprise-grade features including workflow, data management and a centralized cloud database. Unlike traditional solutions that try to replace Excel with rigid, hard-to-use software, Vena is recognized by customers and analysts alike as the easiest way to get trusted numbers and insights – fast. Availability and Pricing Vena’s new software release is available to existing and new clients today. Pricing is built into the company’s annual subscription plans. For more information visit: Vena’s Website @VenaSolutions on Twitter Vena on LinkedIn Vena’s Blog: The CFO Playbook About Vena Solutions Vena Solutions redefines how medium and large companies manage their budgeting, planning and forecasting. Vena provides a cloud-based financial planning and analysis (FP&A) solution that combines Excel with a centralized database, sophisticated workflow, powerful reporting and advanced analytics. Almost 500 of the world’s best companies use Vena to get trusted insights that drive faster, smarter business decisions. Vena is the fastest growing company in its sector and recognized leader in customer satisfaction and product usability. Visit us at www.venasolutions.com.

This release originally published on Globe Newswire New Product Innovations, Industry Accolades and Marquee Customers among Key Milestones in First Half of 2018 TORONTO – Aug. 9, 2018 – Vena Solutions, the fastest growing provider of cloud-based financial planning and analysis (FP&A) software, today announced continued strong momentum for the first half of 2018, with key corporate, product and industry recognition milestones including the appointment of Shawn Cadeau as CEO. The company also welcomed hundreds of new customers including Sunova Energy, Eide Bailly, Marcus & Millichap and Gorilla Glue. “Vena’s success lies in the power and usability of our cloud FP&A solution, along with our commitment to ensuring customer success,” said Shawn Cadeau, CEO. “We continue to pave the way in the FP&A software market, with strong revenue growth and industry accolades. We are at an exciting moment in our history as we continue to add new customers in record numbers and expand within our existing customer base.” Both large and small-sized companies rely on Vena’s FP&A software for budgeting, planning, forecasting, reporting and more. Vena continues to innovate its product, and ranks number one in customer satisfaction. “In today's dynamic financial ecosystem, Vena is setting the bar high for FP&A software as it experiences record-breaking growth,” said Eric Byunn, Partner at Centana Growth Partners. “Vena’s impressive customer satisfaction attests to its robust, cloud-based technology – a key differentiator in the market.” Corporate and Product Milestones for the First Half of 2018 Appointment of seasoned technology executive Shawn Cadeau as CEO, marking an exciting new chapter for the company as it moves into its next stage of growth. A new partnership with Sage Intacct, offering an integrated finance and accounting solution through the Sage Intacct Marketplace. A usability-themed quarterly product release, building upon Vena’s already recognized industry-leading ease-of-use with more than 40 new and enhanced features. Full integration with Microsoft Office 365, enabling users to quickly and efficiently interact with their data and models in a full online and mobile experience. Additional software updates facilitating company-wide, integrated planning – including new collaboration, data discovery and modeling features. Industry Awards and Recognitions Named the top performer for usability and a Leader in Nucleus Research’s annual CPM Technology Value Matrix 2018 for a third straight year. Named a core vendor in BPM Partners’ 2018 Vendor Landscape Matrix for Performance Management Solutions. Recognized in the BPM Pulse Awards as a top vendor in the categories of customer satisfaction, finance self-sufficiency and product innovation. Recognized in Gartner’s 2018 Cloud Financial Planning and Analysis Solutions Magic Quadrant for a second consecutive year. Inclusion in PwC’s 2018 Periodic Table of Tech in Canada, featuring the country’s top 100+ private tech startups, investors and exits. Inclusion in the 2018 Branham 300 Top 250 list of Canadian tech companies, with Vena climbing up more than 20 slots up from last year based on revenue. Ranked #5 in Nudge.ai's Toronto's Most Connected Companies. The list features the city’s top 100 technology companies based on the number and quality of business relationships held by employees. The company has almost 500 customers worldwide, in sectors ranging from financial services and high tech to manufacturing and hospitality. Among financial services firms, Vena now counts three of the top ten U.S. banks as customers who trust the company’s cloud platform for budgeting, regulatory reporting and other critical processes. Uniquely embracing Excel to automate financial processes such as budgeting, planning and forecasting, Vena offers enterprise-grade features including workflow, analytics and a centralized cloud database. Unlike traditional solutions that try to replace Excel with rigid, hard-to-use software, Vena is recognized by customers and analysts alike as the easiest way to get trusted numbers and insights – fast. For more information visit: Vena’s Website @VenaSolutions on Twitter Vena on LinkedIn Vena’s Blog: The CFO Playbook About Vena Solutions Vena Solutions redefines how medium and large companies manage their budgeting, planning and forecasting. Vena provides a cloud-based financial planning and analysis (FP&A) solution that combines Excel with a centralized database, sophisticated workflow, powerful reporting and advanced analytics. Almost 500 of the world’s best companies use Vena to get trusted insights that drive faster, smarter business decisions. Vena is the fastest growing company in its sector and recognized leader in customer satisfaction and product usability. Visit us at www.venasolutions.com. Media Contacts Cathy Wright Offleash for Vena Solutions vena@offleashpr.com Michael A. Corcoran Vena Solutions mcorcoran@venacorp.com