Massachusetts Governor Charlie Baker Presents ‘Profile in Courage’ Award to Netcapital Head of Business Development

Thomas E. Smith recognized for his support of individuals suffering from paralysis

BOSTON–(BUSINESS WIRE)–$NCPL #ProfileincourageNetcapital Inc. (OTCQX: NCPL), a digital private markets ecosystem, today announced that Thomas Smith, Head of Business Development for Netcapital, has received the John T. “Doc” Tynan Profile in Courage Award by the South Boston Citizens’ Association, America’s oldest civic association. The award is named for the late, legendary South Boston resident “Doc” Tynan and is intended to recognize dedication and courage in the face of overwhelming odds.

Thomas Smith sustained and recovered from three separate paralyzing injuries stemming from his pursuit of collegiate hockey. After his third accident, Smith redefined his personal mission, co-founding the Thomas E. Smith Foundation, a 501(c)(3) volunteer organization that has donated more than $785,000 for the benefit of individuals suffering from paralysis and toward medical research. Since founding The Foundation, Smith has been on the forefront in leading the charge for athletes with physical disabilities, receiving patents in both the United States and Canada for his invention The Look-Up Line (ice hockey’s warning track). Despite his medical history, Smith has successfully cycled the east coast of the United States (2,109 miles from Boston, MA to Miami, FL) and became the first paralyzed participant in the history of the Boston Marathon to complete the event multiple times without the use of a wheelchair.

“Thank you to Governor Charlie Baker and the South Boston Citizens’ Association for presenting me with the John T. ‘Doc’ Tynan Profile in Courage Award. To say I’m humbled, honored, and appreciative would be an understatement. I’m deeply committed to continuing our work together in 2022,” said Mr. Smith.

Dr. Cecilia Lenk, CEO of Netcapital Inc., commented, “Netcapital is honored to have a man with such fortitude and philanthropic spirit on our team, and we appreciate not only his business contributions, but the invaluable contributions he makes to the citizens of South Boston, the residents of Massachusetts and nationwide. We congratulate him for his Profile in Courage honor.”

About the Thomas E. Smith Foundation:

The Thomas E. Smith Foundation is a 501(C)(3) non-profit organization whose mission is to better the lives of those affected by living with paralysis through financial and emotional support, as well as supporting preventative innovations that decrease the risk of spinal cord injuries.

About Netcapital Inc.:

Netcapital Inc. is a fintech company with a scalable technology platform that allows private companies to raise capital online and provides private equity investment opportunities to investors. The company’s consulting group, Netcapital Advisors, provides marketing and strategic advice and takes equity positions in select companies with disruptive technologies. The Netcapital funding portal is registered with the U.S. Securities & Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA), a registered national securities association.

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Contacts

Coreen Kraysler, CFA

CFO

781-925-1700

coreen.kraysler@netcapital.com

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