Mr. Dave Mason reports

QUARTERHILL TO HOST VIRTUAL ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS ON MAY 13, 2024

Quarterhill Inc. offers details of its upcoming annual and special meeting of shareholders to be held virtually on Monday, May 13, 2024, at 10 a.m. (Eastern Daylight Time).

At the meeting, shareholders will have an opportunity to participate, ask questions and vote in real time provided they comply with the applicable procedures set out in Quarterhill's management information circular dated April 4, 2024.

To vote ahead of the virtual meeting

Quarterhill is using notice and access to deliver proxy-related materials including Quarterhill's notice of meeting, circular and related materials to both registered and non-registered shareholders. Shareholders will receive a notice package containing information on how to vote and access the meeting materials.

The notice package was mailed on or about April 10, 2024. If you have not received your copy of the notice package by April 26, 2024, please contact your broker if you are a non-registered shareholder or contact Computershare Investor Services Inc. if you are a registered shareholder. These materials outline in detail how to participate at the meeting.

The meeting materials are available at Quarterhill's profile on SEDAR+ and under governance documents in the investors section of the company's website.

As in prior years, shareholders have multiple options to cast their vote ahead of the meeting, which include on-line, via telephone or via mail. Details on using each method are included in the circular and the form of proxy (or voting instruction form). Shareholders who are planning to vote ahead of the meeting must submit their proxy voting instructions to Computershare no later than 10 a.m. (Eastern Daylight Time) on Thursday, May 9, 2024.

Attending the virtual meeting as a guest

All shareholders will be able to attend the meeting as guests during the live webcast. To do so, log in on-line. Please log in approximately 20 minutes prior to the start time of the meeting on May 13, 2024, to ensure a proper connection.

To vote or ask questions at the virtual meeting

For registered shareholders and duly appointed proxyholders to vote and/or ask questions at the meeting, please follow the instructions set out in the company's circular.

All shareholders wishing to have a question addressed at the virtual meeting can avoid the registration requirements set out in the circular by submitting them in advance to ir@quarterhill.com. Quarterhill is committed to addressing all appropriate questions submitted by shareholders either live during the meeting or in advance, as timing and circumstances permit.

About Quarterhill Inc.

Quarterhill is a leading provider of tolling and enforcement solutions in the intelligent transportation systems (ITS) industry. The company's goal is technology-driven global leadership in ITS, via organic growth of its tolling and enforcement businesses, and by continuing an acquisition-oriented investment strategy that capitalizes on attractive growth opportunities within ITS and its adjacent markets. Quarterhill is listed on the TSX under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF.

We seek Safe Harbor.