Symbility Announces Voting Results of the Annual and Special Meeting of Shareholders

TORONTO, ON --(Marketwired - June 23, 2024) - Symbility Solutions Inc. ("Corporation"), (TSX VENTURE: SY), a global software company focused on modernizing the insurance industry, announces the voting results of the Annual and Special Meeting of Shareholders of the Corporation that was held June 22, 2024 ("Meeting"). The Corporation hereby advises of the following resolutions were passed at the Meeting, by a show of hands:

• The election of the following persons, being nominees proposed by the management of the Corporation, as directors of the Corporation: James L. Balas, R. Larry Binnion, Angela Grinstead, David R. Hayes, Richard Hurwitz, Robert Landry, G. Scott Paterson, James R. Swayze and Michael P. Torok.
  
• The reappointment of Ernst & Young LLP, Chartered Accountants, as auditors of the Corporation for the ensuing year and the authorization of the directors to fix their remuneration.
  
• The resolution in the form included in the Information Circular ratifying the Corporation's amended and restated stock option plan.

After conducting the business of the Annual and Special Shareholders Meeting, James Swayze, chief executive officer, delivered an update on the Corporation. A copy of this presentation can be found on Symbility's corporate website at symbilitysolutions.com/investors/.

In addition, the Corporation is announcing that Mr. Jonathan Kost, Chief Strategy Officer, will be leaving the Corporation at the end of June and we wish him well in his future endeavors. Commensurate with this change, Mr. Pascal Bégin will be promoted to Vice President, Product Management of Symbility Property, effective immediately. Mr. Bégin, one of the Symbility founders, has spent his entire career in property insurance estimation and has been instrumental throughout the history of Symbility in shaping the current product suite while serving a number of product management roles.

ABOUT SYMBILITY

Symbility (TSX VENTURE: SY) believes in creating world-class experiences that simplify business and improve lives. With a history in modernizing insurance claims solutions for the property and health industries, Symbility has established itself as a partner that puts security, efficiency and customer experience first. Symbility PROPERTY^™ brings smarter thinking to property insurance. Symbility HEALTH^™ helps benefits professionals build their brands and businesses. Our strategic services team, Symbility INTERSECT^™ empowers a variety of businesses with smarter mobile and IoT product development strategy, design thinking and engineering excellence. With our three segments pushing industries forward, Symbility proves that change for the better is entirely possible. symbilitysolutions.com

Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Symbility Solutions Inc. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Symbility Solutions Inc.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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