Thinkific appoints Leigh Ramsden as Chief Financial Officer. May 04, 2026, 16:15 ET VANCOUVER, BC, May 4, 2026 /CNW/ - Thinkific Labs Inc. ("Thinkific" or the "Company") (TSX: THNC), a leading learning commerce platform, today announced the appointment of Leigh Ramsden as Chief Financial Officer, effective June 1, 2026. Mr. Ramsden is a highly accomplished finance executive with over two decades of progressive executive leadership experience within the high-growth technology and SaaS sectors. Most recently, he served as Chief Financial Officer at Trulioo, a Vancouver-based global identity verification platform. Prior to Trulioo, Mr. Ramsden held the positions of Interim CFO and Vice President of Finance at Absolute Software. "Leigh brings deep operational finance expertise and proven success scaling SaaS businesses through strategic change," said Greg Smith, CEO and Co-Founder of Thinkific. "His leadership will enhance our financial discipline as we navigate our own transformation." "I am thrilled to join the Thinkific team at this pivotal moment for the company," said Leigh Ramsden, CFO of Thinkific. "As we look ahead, our priority is to continue to evolve and validate our strategy with a view to sustainably improving our business results. I look forward to partnering with Greg on this journey to execute our ambitious product roadmap, achieve profitable growth, and maximize long-term shareholder value" The Company would like to thank Kevin Wilson for his leadership and dedicated service as Interim CFO. Kevin will remain with the company, resuming his position as Senior Finance Advisor. About Thinkific Thinkific (TSX:THNC) is an award-winning learning commerce platform where courses and community come together to power business growth. Thinkific gives academies, experts, and businesses everything they need to create and sell online learning experiences, build communities, and grow their revenue - all from one platform. More than 35,000 customers - including companies like GoDaddy, Nasdaq, ActiveCampaign, and Datadog - have generated billions in revenue using Thinkific, impacting more than 200 million people worldwide. Forward-Looking Information This press release contains "forward-looking information" within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, statements regarding the expected benefits of the appointment of Mr. Ramsden as Chief Financial Officer, including statements relating to enhanced financial discipline, the Company's plans to achieve sustainable results, the Company's financial strategy to fuel its product roadmap to achieve profitable growth, and the Company's ability to maximize long-term shareholder value. Forward-looking information is based on management's current expectations and assumptions and is subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking information. These risks and uncertainties include, among others, general economic conditions, competitive factors, regulatory changes, and other factors described in the Company's annual information form and other filings with Canadian securities regulators available on SEDAR+ at www.sedarplus.ca. Forward-looking information is provided as of the date of this press release, and Thinkific disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable law. SOURCE Thinkific Labs Inc. For further information: Media: [email protected]; IR: [email protected]

Thinkific Labs, a learning commerce platform, reported first quarter 2026 revenue of $18.7 million, up 5% year-over-year and within its guided range of $18.6 million to $18.9 million. The company's average revenue per user grew 4% to $175 per month. Thinkific Plus subscription and commerce revenue increased 12% to $5.1 million, whilst self-serve subscription and commerce revenue rose 2% to $13.6 million. Commerce revenue grew 8% to $3.5 million, with gross payment volume processed through Thinkific Commerce up 16% to $75.7 million. The company posted a net loss of $1.1 million and negative adjusted EBITDA of $0.5 million. In February, Thinkific launched its AI Teaching Assistant, Thinker, which provides conversational responses tailored from course material.

Thinkific launches Thinker: an AI assistant that personalizes learner support at scale. February 25, 2026 Always-on AI assistant learns from your proprietary content and courses to deliver personalized recommendations, instant answers, and scalable learner support Thinkific Labs Inc. ("Thinkific", or "our") (TSX: THNC), a leading learning commerce platform for creating and delivering online learning experiences, today announced the launch of Thinker, an AI teaching assistant designed to enhance learner success, reduce support burden, and help education businesses grow revenue without expanding their teams. Thinker is part of Thinkific's broader approach to embedding AI across the learning experience, helping customers create courses and deliver more engaging, supportive learning experiences. Available anytime learners need help - day or night - Thinker learns directly from your proprietary content including courses and other assets to deliver smart, contextual recommendations and instant answers within the learning experience. As customers add more content, Thinker's knowledge base expands, enabling it to draw from a broader set of course materials when responding to learner questions. With a fully customizable tone and seamless integration into the Thinkific platform, it functions like an on-brand assistant embedded into every course. "One of the most persistent challenges education businesses face is maintaining high-quality learner support while scaling," said Greg Smith, CEO of Thinkific. "Too often, growth means choosing between learner satisfaction and operational efficiency. Thinker is designed to address this by providing AI-assisted support that can respond to learner questions around the clock, drawing from your proprietary content, media, courses and other assets to deliver contextual answers without requiring additional staff." Thinkific built Thinker with strong privacy and security standards. Customers retain full ownership of their content, and Thinkific does not use customer content or data to train large language models. Content is used only to power the intended experience within the platform, and Thinker includes safeguards designed to promote accurate, responsible responses. Thinker addresses these challenges by: * Supporting learner success: Provides easier navigation, faster answers, and personalized experiences that is intended to support higher completion rates and satisfaction * Scaling support efficiently: Offloads repetitive questions from educators, freeing them to focus on high-value interactions * Maintaining brand consistency: Offers fully customizable tone to ensure every interaction aligns with a business's unique voice Early customers are already using Thinker to enhance learner engagement at scale. Learn Tourism, a global education platform serving tourism professionals, offers over 145 courses on Thinkific and uses Thinker to support thousands of learners worldwide across its certification and professional development programs. "AI tools have helped us grow, scale, and better serve our community across Learn Tourism. Thinker helps us amplify the learner experience, supporting self-discovery, responding with a more personal tone, and engaging people in ways that reflect how they actually learn" said Stephen Ekstrom, CEO and Co-founder of Learn Tourism. "The result is learning that's more effective, more relatable, and more memorable at a scale we simply couldn't achieve manually." Thinker is included with Thinkific Plus plans today and uses a credit based model, with monthly credits included and flexible options to support higher usage. Thinker will be available beginning February 24, 2026. For more information, visit [website URL]. About Thinkific. Thinkific (TSX:THNC) is an award-winning learning commerce platform where courses and community come together to power business growth. Thinkific gives academies, experts, and businesses everything they need to create and sell online learning experiences, build communities, and grow their revenue - all from one platform. More than 35,000 customers - including companies like GoDaddy, Nasdaq, and ActiveCampaign - have generated billions in revenue using Thinkific, impacting more than 200 million people worldwide.