Mr. Joel Chin reports

GINSMS ANNOUNCES EXIT FROM A2P MESSAGES SERVICE

GINSMS Inc. has decided to exit the A2P messaging service business.

The corporation will end its service on June 30, 2026. During the transition, the corporation will work closely with its customers and will provide continued A2P service and support.

"For some time now, the A2P business has been declining and profit margin in this sector have been affected by new entrants. GINSMS's board has made the difficult decision to exit the A2P business in order to improve the corporation's profitability, said the corporation's chief executive officer, Joel Chin. "We would like to thank our customers and all of the GINSMS team members who have supported the A2P business for the last 13 years."

This decision reflects GINSMS's commitment to its continuing portfolio transformation and the resulting alignment of its business to more profitable growth vectors in its software service business. By concentrating on the software products and services business segment, GINSMS aims to improve long-term business performance and create value for its shareholders.

GINSMS intends to reduce impact on team members due to this business decision through redeployment opportunities into existing open positions within the software service business of the corporation.

About GINSMS Inc.

GINSMS is a mobile technology and services company that solely focus on software products and services. Following its decision to exit A2P messaging service, GINSMS will continue to focus on: (i) provision of support and maintenance services to customers that have purchased its products and solutions; and (ii) outsourcing technical resources to customers for the purpose of software development based on a time and material basis.

GINSMS has offices in Singapore, Hong Kong, Malaysia and Indonesia. Its head office is located at 700 9th Ave. SW, Suite 300, Calgary, Alta., T2P 3V4.

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