Mr. Chris Cosgrove reports

COMPREHENSIVE HEALTHCARE SYSTEMS ANNOUNCES CLOSING OF SECOND AND FINAL TRANCHE OF PRIVATE PLACEMENT

Comprehensive Healthcare Systems Inc. has closed the second tranche of its non-brokered private placement announced on Jan. 8, 2026, and updated Jan. 26, Feb. 12 and March 13, 2026, issuing an aggregate of 4,038,462 units at 52 cents per unit for aggregate gross proceeds of $2.1-million.

Each unit comprises one common share of the company and one-half of a warrant, with a whole warrant being exercisable to purchase one common share of the company at an exercise price of $1 for a period of three years after closing. In connection with the second tranche, the company paid aggregate finders' fees of $32,217.62 in cash and issued an aggregate of 61,957 finder warrants exercisable to purchase one common share of the company at an exercise price of 52 cents for a period of three years after closing. All securities issued are subject to a hold period until Aug. 14, 2026.

Insiders of the company purchased 2,832,208 units ($1,472,748) in the second tranche, representing 70.13 per cent of the units issued in the second tranche, with the associated common shares representing approximately 9.77 per cent of the issued and outstanding shares upon closing, and, assuming the deemed exercise of the associated warrants, would then represent approximately 13.97 per cent of the then issued and outstanding shares as of closing. The participation by insiders constitutes a related party transaction under the policies of the TSXV and Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company is relying upon the exemptions from the formal valuation and minority shareholder approval requirements contained in sections 5.5(a) (b) and (c) and 5.7(1)(a) and (b), respectively, of MI 61-101 on the basis that neither the fair market value of the subject matter of nor of the consideration for the transaction, insofar as it involves related parties, exceeds 25 per cent of the issuer's market capitalization and that no securities of the company are listed or quoted on certain exchanges or markets specified in MI 61-101.

Including the first tranche closing on Feb. 10, 2026, of seven million units at a price of 50 cents per unit for gross proceeds of $3.5-million (see news release dated Feb. 12, 2026), the company has issued an aggregate of 11,038,462 units for aggregate gross proceeds of $5.6-million and paid aggregate finders' fees of $246,417.62 in cash, 428,400 finder warrants exercisable into a common share at a price of 50 cents and 61,957 finder warrants exercisable at 52 cents, in each case for a period of three years after their respective closing. The offering remains subject to final exchange approval.

About Comprehensive Healthcare Systems Inc.

Comprehensive Healthcare Systems is a corporation incorporated under the laws of the Province of Alberta and is the parent company of Comprehensive Healthcare Systems Inc. (Delaware). The company is a vertically integrated software-as-a-service (SaaS) company focused on digitizing health care with health care benefits administration solutions, providing reliable and high-volume-transaction-capable systems. The company's state-of-the-art Novus 360 health care welfare and benefits administration (HWBA) SaaS platform is used by clients for all aspects of health care benefits administration (including self-financed employers, providers and labour unions), providing health care administrative software and technology-enabled services.

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