Mr. Sajid Premji reports

SABIO HOLDINGS ANNOUNCES AWARD GRANT

Sabio Holdings Inc. has granted 87,500 incentive stock options and 272,000 restricted stock units under the company's omnibus equity incentive plan to certain directors, officers and employees of the company to acquire an aggregate of 359,500 common shares in the capital of the company. The options and RSUs were granted, effective Oct. 20, 2023, and are subject to the terms of the applicable grant agreements and the requirements of the TSX Venture Exchange. A summary of the awards granted is as follows:

• An aggregate of 272,000 RSUs were granted to certain independent directors of the company. The RSUs vest on the first anniversary of the grant date. A portion of these grants represent compensation to the directors for their service to the company in 2023. The company does not currently pay cash to its independent directors.
• An aggregate of 2,500 options were granted to certain officers of the company, with the balance of 85,000 options granted to employees of the company. The options are granted pursuant to the plan and grants the holder the right to purchase one common share at a purchase price of 40 cents per common share for a period of 10 years from the date of issue. Sixty-five thousand of the options will vest quarterly over 36 months while the remaining 22,500 of the options will vest quarterly over one year.

About Sabio Holdings Inc.

Sabio Holdings (TSX Venture Exchange: SBIO) (OTCQX: SABOF) is one of the fastest-growing CTV/OTT technology and service providers in the high-growth ad-supported video-on-demand and Fast channel space. Its cloud-based CTV/OTT technologies provide publishers with distribution, monetization and analytics while delivering return on investment validation for brands and agencies. The Sabio portfolio is composed of: Sabio -- its trusted and transparent content monetization demand-side platform (DSP); App Science -- its cutting-edge, non-panel-based, real-time measurement and attribution software-as-a-service platform; and Vidillion -- its cloud-based ad-insertion and content distribution and management platform.