Mr. Hamed Shahbazi reports

WELL PROVIDES INTEGRATION UPDATE WITH FOCUS ON STREAMLINING BUSINESS OPERATIONS FOR IMPROVED PROFITABLE GROWTH

Well Health Technologies Corp. has made an integration update designed to streamline business operations and position the company for improved profitable growth.

Hamed Shahbazi, founder and chief executive officer of Well, commented: "We're pleased to share the results of the latest phase of our integration activities as we refine our organizational structure and teams to deliver our next stage of innovation and profitable growth. Well is now effectively comprised of three key components, our Canadian national clinic group overseen by Dr. Michael Frankel, our Canadian platform services group overseen by Amir Javidan and our Well Health USA group overseen by Jay Kreger. These key strategic groups and their respective leaders are well positioned to execute on our long-term vision of tech enabling and supporting health care providers while realizing improved synergies from Well's significant size and scale. With approximately 5,000 team members across our operations and growing quickly, the women and men of Well continue to be a positive force in health care across the communities in which we operate."

All of Well's Canadian clinical operating businesses including primary care, executive health, allied health, Longevity+ and MyHealth specialized care offerings are included as part of Well's national clinics group and will now have profit and loss ownership by Dr. Michael Frankel, Well's chief medical officer. This is a business that is forecasted to generate more than $300-million in revenues in 2024 with strong earnings before interest, taxes, depreciation and amortization margins.

Another organizational change for Well is the creation of a new platform solutions group. This group will encompass Well's provider solutions, cybersecurity, public sector and enterprise solutions, and direct to consumer technology offerings, including its Canadian telehealth platform. Under the leadership of Mr. Javidan, Well's chief operating officer, the platform solutions group is forecasted to significantly contribute to Well's growth, with anticipated revenues exceeding $75-million in 2024 mainly comprising software as a service and services. This group will include Well's newly deployed suite of artificial-intelligence-powered products and services designed to enhance the physician experience. This strategic alignment underscores Well's commitment to leveraging technology to enhance health care delivery and accessibility.

Also part of these strategic initiatives, Well is implementing a cost optimization program to enhance operational efficiency and profitability. Updates on this program's progress will be shared during the company's fourth quarter 2023 earnings event in March, reaffirming its commitment to demonstrating continued profitable growth.

About Well Health Technologies Corp.

Well's mission is to tech-enable health care providers. It does this by developing the best technologies, services and support available, which ensures health care providers are empowered to positively impact patient outcomes. Well's comprehensive health care and digital platform includes extensive front and back office management software applications that help physicians run and secure their practices. Well's solutions enable more than 33,000 health care providers between the United States and Canada and power the largest owned and operated health care ecosystem in Canada with more than 165 clinics supporting primary care, specialized care and diagnostic services. In the United States Well's solutions are focused on specialized markets such as the gastrointestinal market, women's health, primary care and mental health. Well is publicly traded on the Toronto Stock Exchange under the symbol WELL and on the OTC Exchange under the symbol WHTCF.