Mr. Sam Anidjar reports

ENGHOUSE RENEWS NORMAL COURSE ISSUER BID

Enghouse Systems Ltd. intends to renew its normal course issuer bid for its common shares in accordance with the requirements of the Toronto Stock Exchange.

Enghouse continues to have significant cash reserves and positive cash flow. The company is renewing its normal course issuer bid program because it believes that, from time to time, the market price of its common shares may be attractive and that, at such times, the purchase of common shares would be in the best interest of the company and an appropriate use of corporate funds.

The company may purchase up to a maximum of three million common shares, representing, on April 28, 2025, approximately 7.0 per cent of the publicly listed float of 43,022,793 common shares. On April 28, 2025, the company had 55,155,491 outstanding common shares. The price at which the company may purchase such shares will be the market price at the time of acquisition and any common shares purchased under the bid will be cancelled. The actual number of common shares that may be purchased and the timing of any such purchases will be determined by the company, subject to price, trading volume and other market considerations. Daily purchases, other than block purchases, will be limited to 25,784 common shares, which is 25 per cent of 103,137 common shares (being the average daily trading volume on the TSX for the six months ended April 30, 2025). An automatic purchase plan will not be put in place at the commencement of the bid but may be put in place at some point in the future.

The bid will commence on May 7, 2025, and will terminate on May 6, 2026, unless the maximum number of shares that may be purchased thereunder has been acquired before that time. The purchases will be made through the facilities of the Toronto Stock Exchange and/or through other permitted means including through any alternative trading systems in Canada. Pursuant to a previous notice of intention to conduct a normal course issuer bid, under which the company sought and received approval from the TSX to purchase up to three million common shares for the period of May 7, 2024, to May 6, 2025, the company acquired 376,491 of its common shares at a weighted average price per share of $28.68 through the TSX and alternative trading systems in Canada.

About Enghouse Systems Ltd.

Enghouse is a Canadian publicly traded company that provides enterprise software solutions focused on contact centres, video communications, health care, telecommunications networks, public safety and the transit market. The company's two-pronged strategy to grow earnings focuses on internal growth and acquisitions, which, to date, have been financed through operating cash flows. The company has no external debt financing and is organized around two business segments: the interactive management group and the asset management group.