Mr. Terence Chan reports

ZOOMERMEDIA LIMITED ANNOUNCES STOCK OPTION GRANT

ZoomerMedia Ltd. has granted a stock option to a director of the board.

ZoomerMedia's compensation philosophy is to foster entrepreneurship at all levels of the organization through, among other things, the granting of stock options. As such the company announces it has granted 500,000 stock options to a director of the board. The stock option grant is in accordance with TSX Policy 4.4, the rules of the TSX Venture Exchange and the corporation's stock option plan. The options are exercisable at five cents per share, one-third vesting on July 25, 2024, one-third on July 25, 2025, and one third on July 25, 2026. These options have a term of five years. This stock option grant is subject to TSX Venture Exchange approval.

About ZoomerMedia Ltd.

Founded by television and media icon Mr. Znaimer in 2008, ZoomerMedia is a multimedia company devoted to creating content, services and experiences for Canada's most powerful audiences: the 17.2 million people aged 45-plus (zoomers) and the 13.7 million millennials and Gen-Zs, coincidentally also called zoomers, who follow in their footsteps.

ZoomerMedia operates five TV, two radio, three print and 17 digital properties including the newly acquired youth-friendly local news and lifestyle digital publications blogTO and DailyHive; and the subject specific The Peak and Ludwig-Van.com covering Canada's business and Canada's arts scene respectively. ZoomerMedia produces original TV, radio, podcast and print content, offers clients creative audio and video production services, and bespoke events on site at its 2.6-acre complex in Toronto's Liberty Village.