The Board of Directors of EXFO Inc. (NASDAQ: EXFO) (TSX: EXF) ("EXFO" or the "Corporation") wishes, after careful consideration with the assistance of its independent legal advisors and acting on the unanimous recommendation of the special committee of the Board of Directors comprised entirely of independent directors (the "Special Committee"), to clarify the situation for shareholders and other stakeholders about the unsolicited non-binding proposal (the "Proposal") made by Viavi Solutions Inc.