Mr. Rusty Lewis reports

QUARTERHILL ANNOUNCES APPOINTMENT OF ROBIN SAUNDERS TO BOARD OF DIRECTORS

Quarterhill Inc. has appointed Robin Saunders to its board of directors, effective immediately.

Ms. Saunders is a co-founder and managing partner of Clearbrook Capital Partners LLP, a London-based private equity firm with a global focus on sectors that include infrastructure, asset management and specialty finance. With a career spanning more than three decades, she has been recognized as a financial innovator, leading transactions and investments valued at over $30-billion (U.S.) in 15 countries.

"We are excited to welcome Robin to our board," said Rusty Lewis, chair of the board at Quarterhill. "Her extensive expertise in M&A [mergers and acquisitions], finance and infrastructure investment aligns with our growth strategy and will be invaluable as we advance our global position in the ITS [intelligent transportation system] industry."

Prior to Clearbrook, Ms. Saunders held executive positions at leading global financial institutions, including Citigroup, Chase, Deutsche Bank and WestLB, specializing in securitization and principal finance. She is also an active investor in global asset managers and technology-driven start-ups. A passionate mentor and educator, she serves as a visiting fellow at the Said Business School, University of Oxford, and is a frequent speaker on finance and investment innovation at academic and industry events.

"I am honoured to join Quarterhill's board and contribute my expertise in the financial markets," said Ms. Saunders. "I look forward to working with the leadership team and fellow board members to drive long-term value for our shareholders and stakeholders."

About Quarterhill Inc.

Quarterhill is a leading provider of tolling and enforcement solutions in the intelligent transportation system industry. The company's goal is technology-driven global leadership in ITS via organic growth of its tolling and enforcement businesses, and by continuing an acquisition-oriented investment strategy that capitalizes on attractive growth opportunities within ITS and its adjacent markets.

We seek Safe Harbor.