Mr. Dan Matlow reports

VITALHUB CORP. ANNOUNCES APPOINTMENT OF CHAIRMAN OF THE BOARD

Vitalhub Corp. has appointed Francis Shen as the chairman of the board, succeeding Chris Schnarr who will be departing Dec. 31, 2023.

Mr. Shen serves as the president of Shen Capital Partners Inc., a specialized technology investment firm. Previously, he was the founder, chairman and co-chief executive officer of Aastra Technologies Ltd., a publicly traded enterprise communications business until its eventual sale to Mitel Networks Corp. in 2014. Through its 18 years as a publicly traded company, Aastra grew from $5-million to over $700-million of revenue. Its growth was driven primarily through an aggressive global acquisition strategy and operational execution. During its time as a public company Aastra raised $76-million and returned over $700-million to shareholders. Recognized as Ontario's Entrepreneur of the Year in Technology & Communications by Ernst & Young in 2000, Mr. Shen holds both a master's and bachelor's degree in applied science from the University of Toronto.

Dan Matlow, chief executive officer of Vitalhub, extends his deepest gratitude to departing chairman Chris Schnarr for his invaluable insights and leadership. "Chris has played a pivotal role in elevating our company to a top-tier organization geared for strong and sustained growth. As we embark on a new chapter in Vitalhub's journey, we are excited to welcome Francis into the enhanced role as chairman. Our enduring partnership, which commenced in 2019, has demonstrated significant success, underscored by a strong alignment with our ongoing growth strategy. Francis's deep knowledge of the capital markets, a history of prosperous M&A endeavours, and success in scaling a successful technology business make him exceptionally well suited for this role."

About Vitalhub Corp.

Vitalhub provides technology to health and human service providers, including hospitals, regional health authorities, mental health, long-term care, home health, community and social services. Vitalhub solutions span the categories of electronic health record (EHR), case management, care co-ordination and optimization, and patient flow and operational visibility solutions.

The company has a robust two-pronged growth strategy, targeting organic growth opportunities within its product suite and pursuing an aggressive M&A (merger and acquisition) plan. Currently, Vitalhub serves more than 1,000 clients across Canada, the United States, the United Kingdom, Australia, the Middle East and Europe.

Vitalhub is based in Toronto, Canada, with an offshore development hub in Sri Lanka. The Vitalhub team comprises more than 350 team members globally. The company is publicly traded on the Toronto Stock Exchange under the symbol VHI and on the OTC Markets' OTCQX Exchange under the symbol VHIBF.

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