Thunderbird Entertainment has appointed Simon Bodymore as Chief Financial Officer

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Mr. Bodymore brings over 25 years of extensive international finance experience working with high-growth public and private enterprises in North America, the UK and Europe.

Former CFO Barb Harwood has decided to step down from the role and will oversee the handover to Mr Bodymore.

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VANCOUVER, British Columbia — Thunderbird Entertainment Group Inc. (TSXV:TBRD, OTC – THBRF) (“Thunderbird” or the “Company”) announced today that it has appointed Simon Bodymore as the Company's new Chief Financial Officer (CFO), effective March. 4, 2024. He succeeds longtime CFO Barb Harwood, who has decided to step down from that role after 19 years at Thunderbird and will leave the Company effective March 1, 2024.

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Mr. Bodimore has more than 25 years of experience leading the finance teams of public and private companies, with the last 15 years focused on working with fast-growing Canadian companies operating internationally. He also has extensive experience in financing software-enabled businesses. Since 2014, he has served as CFO at Tasktop Technologies, a Vancouver-based software company, helping to scale effectively during a period of rapid growth that led to the acquisition of Tasktop by technology company Planview in 2022. Mr. Bodimore is also Business Vancouver's 2020 CFO of the Year.

Mr. Bodymore is based in Vancouver and will report to Thunderbird CEO and Chairman Jennifer Twiner McCarron.

“We are very pleased to welcome Simon to the Thunderbird family as our new CFO,” said Ms. Twiner McCarron. “Simon has a proven track record of helping fast-growing companies scale effectively and efficiently. He also has experience working with entrepreneurially minded leaders to drive their businesses forward. I look forward to working with Simon as we move into the next phase of our journey to become a major global studio.”

“I was very impressed with Thunderbird's creations and its people,” Mr. Bodymore said. “Thunderbird, Atomic Cartoons and Great Pacific Media have produced series of the highest quality worldwide. In addition to being friendly and welcoming, Jenn and her team have a pure passion to continue building a successful company into something bigger. Overall, Thunderbird has a lot of potential going forward. I can't wait to dig in and go.”

Ms. Harwood will remain at Thunderbird until the end of the month to ensure continuity in the reporting of FY2024 results and to smoothly hand over the role to Mr. Bodimore. Ms. Harwood's extensive experience in the media sector has been instrumental in supporting the company's growth, including the acquisition and merger of Great Pacific Media and Atomic Cartoons and Thunderbird in 2018. In 2021, Ms. Harwood was named CFO. of the Year in Vancouver Business and was named one of Canada's top ten financial executives by the Globe and Mail's Report on Business.

“We thank Barb for her countless contributions over the past two decades, including her integral leadership role in seeing us through our IPO and supporting the Company's rapid growth,” added Ms. Twiner McCarron. “Barb was a pleasure to work with and will be missed at Thunderbird.”

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In 2023, Thunderbird was recognized as a Top 50 TSX Venture Exchange Company and was named one of Canada's Best Growing Companies by the Globe and Mail. The company continues to expand its portfolio of original IPs with recent release announcements at Great Pacific Media. Wood titans (Discovery Canada) and Rocky Mountain debris (The Weather Channel) and Atomic Cartoons' Super Team Canada, co-produced with Will Arnett's Electric Avenue and greenlit by Bell Media's Crave.

The Company granted Mr. Bodymore 75,000 restricted stock units (“RSUs”) under the terms of the Company's equity incentive compensation plan. RSUs vest one-third annually beginning on the one-year anniversary of the date of grant. Each vested RSU entitles the owner to receive one ordinary share of the Company.

For more information about Thunderbird and to subscribe to the Company's investor list for news updates, go to www.thunderbird.tv.

About the band THUNDERBIRD

Thunderbird Entertainment Group is a global award-winning, full-service multi-platform production, distribution and rights management company headquartered in Vancouver, with additional offices in Los Angeles and Ottawa. Thunderbird produces award-winning scripted, unscripted and animated programming for the world's leading digital platforms as well as Canadian and international broadcasters. The company develops, produces and distributes animated, documentary and scripted content through various content vehicles including Thunderbird Kids and Family (Atomic Cartoons), Thunderbird Unscripted (Great Pacific Media) and Thunderbird Scripted. Productions under the Thunderbird umbrella are included The Last Children on Earth, Molly Denali, Highway to Hell, Curse of the Dead, Kim's Comfort and Reginald the Vampire. Thunderbird Distribution and Thunderbird Brands respectively manage global media and consumer product rights for the Company and select third parties. Thunderbird is on Facebook, Twitter and Instagram at @tbirdent. For more information, visit: www.thunderbird.tv.

Neither the TSX-V nor its regulatory services provider (as that term is defined in the TSX-V policies) assumes responsibility for the adequacy or accuracy of this release prepared by management.

Cautionary Statement Regarding Forward-Looking Information

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Thunderbird's public communications may contain written or oral “forward-looking statements” and “forward-looking information” as defined under applicable Canadian securities laws. All such statements may not be based on historical facts regarding the Company's current expectations and views regarding future events and are made pursuant to the “safe harbor” provisions of applicable securities laws.

Forward-looking statements or information include “anticipate,” “continue,” “estimate,” “expect,” “anticipate,” “may,” “will,” “plan,” “project,” “should,” “believe,” ” intend' or similar expressions relating to matters which are not historical facts. Forward-looking statements in this document include, but are not limited to, statements regarding the Board and management's commitment to the Company's continued growth and increased stakeholder value, and the RSU vesting schedule. Forward-looking statements, while necessarily believed to be reasonable, are based on a number of estimates and assumptions that are subject to known and unknown risks, uncertainties and other factors that could cause actual results and future events to differ materially from those expressed or implied by them. forward-looking statements. Such factors include, but are not limited to: general business, economic and social uncertainties; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; product capability and acceptance; international risk and exchange rate; and changes in technology. An assessment of these risks that could cause actual results to differ materially from current expectations is included in the Risks and Uncertainty section of the June 30, 2023 MD&A. The above is not an exhaustive list. Additional risks and uncertainties not currently known to Thunderbird or that management believes are immaterial may also adversely affect the Company.

Any forward-looking statements or information contained herein represent the views of the Company as of the date hereof and such information should not be relied upon as representing the views of the Company as of any date after the date hereof. Except as required by applicable securities laws, the Company undertakes no obligation to publicly update or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise. Accordingly, readers are cautioned not to place undue reliance on forward-looking statements or information.

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Contacts

Media Relations:
Lana Castleman, Director of Marketing and Communications
Phone: 416-219-3769
Email: [email protected]

Corporate communications
Julia Smith
Finch Media
Email: [email protected]

Contact with investors:
Glen Axelrod, Bristol Capital
Phone: + 1 905.326.1888 ext. 1
Email: [email protected]

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