Mr. Jacob Manning reports

VIQ SOLUTIONS IDENTIFIES DATA INCIDENTS IN AUSTRALIA

VIQ Solutions Inc. has recently became aware of data privacy incidents involving unauthorized access to data by members of the company's global personnel in the performance of Australian-based transcription services. Upon becoming aware of the matter, VIQ immediately activated its incident response protocols and commenced an internal investigation with a leading independent cybersecurity firm. There is no evidence of public disclosure, misuse or attempted misuse of the affected information.

Based on information available at this time, the access was limited to certain Australian customers and did not impact the company's customers or operations in other jurisdictions globally. The company is continuing to assess the scope and potential impact with affected customers. While the full scope of the impact is still under review, it is reasonably likely to have a material impact on the company's financial condition or results of operations, as the company's Australian operations represent a significant portion of the company's annual revenues, and the company is expected to incur material non-recurring expenses related to regulatory, legal and potential notification requirements. The company also expects that the incidents may impact the company's Australian work force and reputation in the market.

The company has engaged a leading independent cybersecurity firm to assist in the investigation. There is no evidence of public disclosure, misuse or attempted misuse of the affected information. VIQ maintains strict standards designed to protect the privacy, confidentiality and security of sensitive customer data, including court recordings. The company is working directly with its Australian customers to implement appropriate solutions and to ensure continuity of service during this process.

About VIQ Solutions Inc.

VIQ Solutions is a global provider of secure, artificial-intelligence-driven, digital voice and video capture technology and transcription services. VIQ offers a seamless, comprehensive solution suite that delivers intelligent automation, enhanced with human review, to drive transformation in the way content is captured, secured and repurposed into actionable information. The cybersecure, AI technology and service platform are implemented in the most rigid security environments including criminal justice, legal, insurance, government, corporate finance, media and transcription service provider markets, enabling them to improve the quality and accessibility of evidence, to easily identify predictive insights, and to achieve digital transformation faster and at a lower cost.

We seek Safe Harbor.