Dye & Durham Strengthens Governance, Appoints Alan Hibben as Independent Chair

Dye & Durham Strengthens Governance, Appoints Alan Hibben as Independent Chair

TORONTO, Nov. 20, 2025 /CNW/ - Dye & Durham Limited ("Dye & Durham" or the "Company") (TSX: DND), a leading provider of cloud-based legal practice management software, today announced that Alan R. Hibben has joined its Board of Directors (the "Board") and has been appointed Independent Chair, effective immediately. George Tsivin, Dye & Durham's Chief Executive Officer, has also been appointed to the Board.

Mr. Hibben is a seasoned chair and corporate director with more than 40 years of experience in investment, advisory, finance, and operational roles. He has led boards through complex strategic and restructuring processes, bringing deep expertise in governance, strategy, M&A, and the capital markets landscape. A Chartered Accountant, Chartered Financial Analyst, and Institute-Certified Director (ICD.D), Mr. Hibben's background aligns directly with the Company's strategic priorities and complements Mr. Tsivin's disciplined execution of Dye & Durham's operational transformation, focused on customer-centric product modernization, commercial excellence, and enhanced financial discipline. Together, their appointment to the Board strengthens the alignment between governance, strategic direction, and operational execution across the Company.

To facilitate these appointments, Arnaud Ajdler and Sid Singh have resigned from the Board. Eric Shahinian, who is the nominee of OneMove Capital Ltd.("OneMove"), has also resigned, and the Company is engaging with OneMove on the appointment of his replacement. The Company thanks Mr. Ajdler, Mr. Singh, and Mr. Shahinian for their service and contributions during a pivotal period for Dye & Durham.

The Board believes the addition of Mr. Hibben and Mr. Tsivin will strengthen the Board's leadership heading into its Annual General Meeting ("AGM") scheduled for December 31, 2025. As Chair, Mr. Hibben will continue the Board's efforts to engage with key shareholders to explore opportunities for additional refreshment.  

"We are fortunate to have attracted an accomplished leader like Alan to the Board," said Mr. Ajdler. "His experience in governance, M&A, and complex turnaround situations will be invaluable as the Company advances its strategic and operational priorities. Combined with George's strong leadership and focus on execution, Dye & Durham is well-positioned to advance its transformation strategy and drive long-term shareholder value."

"I am pleased to join the Board at this important moment for the Company," said Mr. Hibben. "Dye & Durham has a solid foundation and with time, effort, and George's leadership, I believe the Company can thrive. I look forward to supporting George and the leadership team as they continue executing against the transformation plan."

About Dye & Durham Limited

Dye & Durham Limited provides premier practice management solutions empowering legal professionals every day, delivers vital data insights to support critical corporate transactions and enables the essential payments infrastructure trusted by government and financial institutions. The company has operations in Canada, the United Kingdom, Ireland, Australia, and South Africa.

Additional information can be found at www.dyedurham.com. 

Forward-Looking Statements

This press release may contain forward-looking information within the meaning of applicable securities laws, which reflects Dye & Durham's current expectations regarding future events. In some cases, but not necessarily in all cases, forward-looking statements can be identified by the use of forward looking terminology such as "plans", "targets", "expects" or "does not expect", "is expected", "an opportunity exists", "is positioned", "estimates", "intends", "assumes", "appears", "confident", "anticipates" or "does not anticipate" or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "will" or "will be taken", "occur" or "be achieved". In particular, statements regarding the review of strategic alternatives, the timing and outcome of the AGM, the potential sale of the Company or divestiture of non-core assets, the use of proceeds from the sale of Credas and compliance with the Company's debt covenants are forward-looking statements.

Forward-looking statements are not historical facts, nor guarantees or assurances of future performance but instead represent management's current beliefs, expectations, estimates and projections regarding future events and operating performance. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Dye & Durham's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to, the outcome of the strategic review process, the ability to settle the litigation against Mr. Proud and Plantro, the ability to engage a financial advisor, the ability to successfully divest non-core assets, the timely completion of the sale of Credas, the ability to achieve operational improvements and optimize core products, the Company's ability to execute on its cash management activities, the Company's ability to execute on its transformation strategy and return to profitable growth and the factors discussed under "Risk Factors" in Dye & Durham's most recent annual information form. Dye & Durham does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

SOURCE Dye & Durham Limited