Kara Puccinelli to assume role of Chief Commercial Officer; Kenneth Suh named Chief Business Officer  Appointments organize commercial leadership as Nexxen scales its enterprise growth across its unified advertising

NEXN

Nexxen Names Chance Johnson President

Nexxen appoints new executives to accelerate AI-driven platform growth

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Kara Puccinelli to assume role of Chief Commercial Officer; Kenneth Suh named Chief Business Officer  Appointments organize commercial leadership as Nexxen scales its enterprise growth across its unified advertising</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Nexxen announced Chance Johnson as President, Kara Puccinelli as Chief Commercial Officer, and Kenneth Suh as Chief Business Officer to speed growth of its unified AI-driven ad platform. The leadership reshuffle underscores the company’s strategy to scale with proprietary data and exclusive media, strengthen client relationships, and expand opportunities in connected TV and programmatic channels. Execution risk remains a key near-term watch.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Chance Johnson named President; Kara Puccinelli CCO; Kenneth Suh CBO.</li><li>Executives to accelerate Nexxen&#039;s enterprise growth on a unified, AI-driven platform.</li><li>AI-powered data and exclusive media underpin Nexxen&#039;s growth strategy.</li><li>Forward-looking statements note growth potential and risks; 20-F referenced.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Nexxen Ltd. (NEXN)</strong>: Leadership changes and platform unification aim to accelerate growth; potential near-term re-rating if execution meets expectations.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category fits Corporate Developments as a leadership-change announcement intended to shape Nexxen&#039;s growth trajectory in an AI-driven ad tech platform.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Executive appointments could accelerate enterprise growth and client wins.</li><li>AI-fueled platform expansion may lift monetization and data advantages.</li><li>Execution risk and macro ad market conditions could cap near-term gains.</li><li>NEXN remains exposed to geopolitical macro risks and ad spend cycles.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Date: Aug 12, 2026.</li><li>Johnson named President; Puccinelli CCO; Suh CBO.</li><li>Nexxen trades on Nasdaq under NEXN.</li><li>AI-driven unified platform with proprietary data and exclusive media.</li><li>HQ in Israel; offices in North America, Europe, APAC.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish setup over the next 6–12 months as leadership drives growth and monetization.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="center"><em>Kara Puccinelli to assume role of Chief Commercial Officer; Kenneth Suh named Chief Business Officer</em></p>  <p align="center"><em>Appointments organize commercial leadership as Nexxen scales its enterprise growth across its unified advertising platform</em></p>  <p>NEW YORK, Aug.  12, 2026  (GLOBE NEWSWIRE) -- Nexxen, the advertising technology platform powered by unique data and media, today announced executive appointments to lead the company&#39;s next phase of growth, with Chance Johnson appointed President, Kara Puccinelli Chief Commercial Officer and Kenneth Suh Chief Business Officer. Johnson and Puccinelli&#39;s expanded mandates are structured precisely for accelerating enterprise growth.</p>  <p>Over the last several years, Nexxen has built the type of unified advertising platform the industry is only now converging towards: an AI-fueled architecture with a shared intelligence layer beneath both sides, running on proprietary data and exclusive media. As demand, supply and data operate as one system, unique signal becomes more valuable as its volume increases, and performance is designed to improve with scale.</p>  <p>With these executive appointments, the company now looks to accelerate its advantage. </p>  <p>Formerly Chief Commercial Officer, Johnson has been appointed President of Nexxen. In this role, he will focus on strengthening Nexxen’s relationships with strategic clients and partners, demonstrating the potential for the company’s connected, robust and differentiated platform capabilities to uniquely position them for success. Based in New York, Johnson will work in close partnership with Chief Executive Officer Ofer Druker.</p>  <p>&#34;The Nexxen team has been hard at work developing a unified platform with proprietary data and exclusive media at its core, and we have crossed the threshold where its value only compounds. Now, our focus shifts to scaling what we can deliver for our clients,&#34; said Ofer Druker, Chief Executive Officer, Nexxen. &#34;Chance Johnson was critical to Nexxen’s arrival at this juncture, and he is the right person to articulate and communicate our next commercial phase, as I focus on the substantial runway ahead." </p>  <p>"I have had a front row seat to Nexxen’s deliberate and unwavering efforts in platform unification, product innovation, strategic partnership and brand maturation. As President, my focus is simple: create partnerships and enhance relationships, so our clients can capitalize on the advantages we provide," said Chance Johnson, President, Nexxen. </p>  <p>Formerly Chief Customer Officer, Kara Puccinelli is assuming the role of Chief Commercial Officer. Puccinelli leads the Enterprise business unit that includes Nexxen’s omnichannel demand-side platform ("DSP"), Discovery (Nexxen’s proprietary audience insight targeting solution) and TV Intelligence (Nexxen’s TV advanced and unique data solution for targeting and measurement).</p>  <p>Kenneth Suh is assuming the title of Chief Business Officer, continuing to lead Nexxen’s exchange and overall media business which is seeing strong growth. Suh will maintain Nexxen&#39;s strategic emphasis on high-opportunity areas including Connected TV, while advancing innovative solutions such as Nexxen TV Home Screen and AI-resilient channels like mobile in-app.</p>  <p><strong>About Nexxen</strong></p>  <p>Nexxen is the advertising technology platform that delivers full-funnel performance powered by unique data and media. Comprised of a demand-side platform ("DSP") and supply-side platform ("SSP"), with the Nexxen Data Platform at its core, we meet the demands of today’s converging media landscape with exclusive audience intelligence, automation and expertise.</p>  <p>Headquartered in Israel, Nexxen maintains offices throughout North America, Europe and Asia-Pacific and is traded on Nasdaq (NEXN). For more information, please visit <a href="https://www.globenewswire.com/Tracker?data=thPB-OH3SjwTj4rxrmb_0wyUddkXtzCAmvzRPB9Y91WEZAGOd0YBOfHj1vV-x_9V5eP7vc2QJ1cUS2BJcCwLdQ==" rel="nofollow" target="_blank"><u>nexxen.com</u></a>.</p>  <p><strong>Media contact</strong><br></br>Caroline Smith<br></br>VP, Communications<br></br><a href="https://www.globenewswire.com/Tracker?data=iIcWxVwtKCpawpgtmdup5R2BCGOHhf23MUjCv9tsFwvlChos2pG6jPgqCqHlZxhM8UpkRNBQtW2SPKPffiUHgjLikfV3XTN3foKBOjqxck8=" rel="nofollow" target="_blank">csmith@nexxen.com</a></p>  <p><strong>Forward-Looking Statements</strong><br></br>This press release contains forward-looking statements, including forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are identified by words such as "anticipates," "believes," "expects," "intends," "may," "can," "will," "estimates," and other similar expressions. However, these words are not the only way Nexxen identifies forward-looking statements. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding the anticipated benefits of the executive appointments and organizational changes described herein; the expected growth, scaling and performance of Nexxen&#39;s unified advertising platform; the benefits, capabilities, performance and future development of Nexxen’s offerings, products, platforms, technologies and strategic initiatives including Nexxen’s AI capabilities and the Company&#39;s commercial strategy and market positioning. These statements are neither promises nor guarantees but involve known and unknown risks, uncertainties and other important factors that may cause Nexxen’s actual results, performance or achievements to be materially different from its expectations expressed or implied by the forward-looking statements, including, but not limited to, the following: negative global economic conditions, including risks related to tariff impacts or policy shifts that could materially affect market sentiment, consumer behavior and advertising demand;  global and local economic and geopolitical forces and unrest, including the ongoing conflict involving the United States, Israel and Iran, the war and hostilities involving Israel, Hamas, Hezbollah, and Yemen and the Ukraine/Russia war, and how those conditions may adversely impact Nexxen’s business, customers, and the markets in which Nexxen competes. Nexxen cautions you not to place undue reliance on these forward-looking statements. For a more detailed discussion of these factors, and other factors that could cause actual results to vary materially, interested parties should review the risk factors listed in the Company’s most recent Annual Report on Form 20-F, filed with the U.S. Securities and Exchange Commission (<a href="https://www.globenewswire.com/Tracker?data=iDZfaSBuMpw7q5IEBqTPVsFUaQd5Hh2Fq2EfecWzVb9Y4qdQ09hXDQU3TJxqrM3lw4q-nAuC_ueKGH49Ii1puA==" rel="nofollow" target="_blank"><u>www.sec.gov</u></a>) on March 4, 2026. Any forward-looking statements made by Nexxen in this press release speak only as of the date of this press release, and Nexxen does not intend to update these forward-looking statements after the date of this press release, except as required by law. </p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=MTAwMTI1NzIyMCM0MDI0ODY0MTIjMjI0OTQ1MA=="></img> <br></br><img alt="" src="https://ml-eu.globenewswire.com/media/YjNiZTZhMjItMWE0OS00ZWRmLTllMmMtNWRkMzA4ODFhYzRkLTEyNjEwMDMtMjAyNi0wOC0xMi1lbg==/tiny/Nexxen-International-Ltd-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/010d9e21-47bb-4e39-be3e-6f1387ad88e5"><img src="https://ml-eu.globenewswire.com/media/010d9e21-47bb-4e39-be3e-6f1387ad88e5/small/nexxen-press-kit-01-png.png" border="0" width="150" height="31" alt="Primary Logo"></img></a></p>

Nexxen announced Chance Johnson as President, Kara Puccinelli as Chief Commercial Officer, and Kenneth Suh as Chief Business Officer to speed growth of its unified AI-driven ad platform. The leadership reshuffle underscores the company’s strategy to scale with proprietary data and exclusive media, strengthen client relationships, and expand opportunities in connected TV and programmatic channels. Execution risk remains a key near-term watch.

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Nexxen Names Chance Johnson President

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