Mr. Rob Chase reports

MEDIAVALET ANNOUNCES RECEIPT OF FINAL ORDER APPROVING THE PLAN OF ARRANGEMENT

MediaValet Inc. has received the final order from the Court of King's Bench in Alberta to approve the previously announced plan of arrangement with an affiliate of STG Partners LLC (the purchaser). The purchaser will acquire all of the issued and outstanding common shares of MediaValet for cash consideration of $1.71 per share.

Completion of the arrangement is subject to the satisfaction of customary closing conditions for a transaction of this nature, including final approval of the Toronto Stock Exchange (TSX). Subject to the satisfaction (or waiver) of the conditions precedent, it is expected that the arrangement will be completed on April 2, 2024. Following completion of the arrangement, it is expected that the common shares of MediaValet will be delisted from the TSX.

About MediaValet Inc.

MediaValet stands at the forefront of the cloud-native, software-as-a-service, enterprise DAM (digital asset management) solutions, video content management and creative operations industries. Built exclusively on Microsoft Azure and available across 61 Microsoft data centre regions in 140 countries around the world, MediaValet delivers unparalleled enterprise-class security, reliability, redundancy, compliance and scalability, while offering the largest global footprint of any DAM solution. In addition to providing enterprise, cloud-native DAM capabilities at a global scale, desktop-to-server-to-cloud support for creative teams, overall cloud redundancy, and management for all source, WIP and final assets, MediaValet offers industry-leading integrations into Slack, Adobe Creative Suite, Microsoft Office 365, Wrike, Drupal, WordPress and many other best-in-class third party applications.

We seek Safe Harbor.