Ms. Tami Anders reports

INDEPENDENT PROXY ADVISORY FIRMS RECOMMEND QUISITIVE SHAREHOLDERS VOTE FOR THE PROPOSED ACQUISITION BY H.I.G. CAPITAL

Two leading independent proxy advisory firms, including Institutional Shareholder Services Inc. (ISS), have recommended that holders of common shares of Quisitive Technology Solutions Inc. vote for the resolution approving the proposed acquisition of Quisitive by an affiliate of funds managed by HIG Capital LLC pursuant to a plan of arrangement under the Business Corporations Act (British Columbia).

The ISS report states that, among other things, "the offer represents a meaningful premium to the unaffected price, the special committee appears to have run a robust process ... As such, support for the proposal is warranted." The ISS report highlighted that the offer of 57 cents in cash per share represents a significant 52-per-cent premium to the unaffected closing price of the shares and that the arrangement is the result of an extensive and rigorous sales process.

Quisitive board and special committee recommendations

The board of directors of Quisitive (excluding an interested director) and the special committee of the board unanimously recommend that shareholders vote for the arrangement.

Full details of the proposed arrangement, including voting instructions, are set out in the company's management information circular dated Jan. 28, 2025, and related proxy materials in respect of the upcoming special meeting of shareholders, which are filed under the Quisitive's profile on SEDAR+ as well as on Quisitive website.

Vote today

Shareholders are encouraged to read the circular and vote well in advance of the proxy voting deadline of 10 a.m. (Toronto time) on Feb. 26, 2025.

Meeting details

The virtual meeting will be held on Feb. 28, 2025, at 10 a.m. (Toronto time) via audio webcast.

Shareholder questions and voting assistance

Shareholders who have questions about voting their shares or require assistance may contact Laurel Hill Advisory Group, Quisitive's proxy solicitation agent and shareholder communications adviser, as follows:

Laurel Hill Advisory Group

Toll-free:  1-877-452-7184 (for shareholders in North America)

International:  1-416-304-0211 (for shareholders outside Canada and the United States)

By e-mail:  assistance@laurelhill.com

About Quisitive Technology Solutions Inc.

Quisitive is a premier, global Microsoft partner leveraging the power of the Microsoft cloud platform and artificial intelligence, alongside custom and proprietary technologies, to drive transformative outcomes for its customers. The company focuses on helping enterprises across industries leverage the Microsoft platform to adopt, innovate and thrive in the era of AI (artificial intelligence).

We seek Safe Harbor.