Mr. Maury Marks reports

QUORUM ANNOUNCES Q3 2023 RESULTS RELEASE DATE, CONFERENCE CALL AND WEBCAST DETAILS

Quorum Information Technologies Inc. intends to release its Q3 2023 results after markets close on Wednesday, Nov. 29, 2023.

Maury Marks, president and chief executive officer, and Marilyn Bown, chief financial officer, will present the Q3 2023 results at a conference call with concurrent audio webcast, scheduled for:

• Date: Thursday, Nov. 30, 2023;
• Time: 11 a.m. MT (1 p.m. ET);
• Toll-free North America: 1-888-660-6411;
• Conference ID: 2512218.

An updated investor presentation, replay of the results conference call and transcripts of the conference call will also be available on Quorum's website.

About Quorum Information Technologies Inc.

Quorum is a North American software-as-a-service software and services company providing essential enterprise solutions that automotive dealerships and original equipment manufacturers (OEMs) rely on for their operations, including:

• Quorum's dealership management system (DMS), which automates, integrates and streamlines key processes across departments in a dealership, and emphasizes revenue generation and customer satisfaction;
• DealerMine CRM, a sales and service customer relationship management (CRM) system and set of business development centre services that drives revenue into the critical sales and service departments in a dealership;
• Autovance, a modern retailing platform that helps dealerships attract more business through digital retailing, improve in-store profits and closing rates through its desking tool, and maximize their efficiency and CSI through Autovance's F&I menu solution;
• Accessible Accessories, a digital retailing platform that allows franchised dealerships to efficiently increase their vehicle accessories revenue;
• VINN Automotive, a premier automotive marketplace that streamlines the vehicle research and purchase process for vehicle shoppers while helping retailers sell more efficiently.

We seek Safe Harbor.