Blackline Safety Announces The Installation And Deployment Of Its Meeting Equipment To Arrange With Francisco Partners

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Blackline Safety Announces The Installation And Deployment Of Its Meeting Equipment To Arrange With Francisco Partners

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Vote Today

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The deadline for proxy voting is June 11, 2026 at 9:00 am (Calgary time). Shareholders are encouraged to vote early before the voting deadline to ensure your vote is submitted on time. Shareholders may vote online, by telephone or by any other means provided in the form or proxy or voting instruction form, which is included as part of the Meeting Materials.

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Letter of Transfer

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Registered Shareholders will also receive a letter of transmittal (“

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A LOT

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“) and their Meeting Assets, which LOT must be duly completed and returned along with any certificates representing the Black Shares of Shareholders, if applicable, and all other documents required to receive Consideration Under the Scheme.

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Stockholder Questions and Voting Assistance

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Shareholders with questions or needing voting assistance may contact a Blackline proxy solicitation representative:

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Laurel Hill Advisory Group

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North American Toll Free Number

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Outside of North America

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Text Message

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: Text “INFO” to 1-416-304-0211 or 1-877-452-7184

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Email

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help@laurelhill.com

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About Blackline Security

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: Blackline Safety is a technology leader driving innovation for industrial workers through IoT (Internet of Things). With connected safety devices and predictive analytics, Blackline enables companies to drive toward greater safety and improved operational efficiency. Blackline provides wearable devices, personal and location gas monitoring, cloud-connected software and data analytics to meet complex security challenges and improve overall productivity for organizations with customers in more than 75 countries. Equipped with cellular and satellite communications, Blackline provides a lifeline to tens of thousands of people, having reported more than 323 billion data points and initiated more than eight million emergency alerts. For more information, visit

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Caution Regarding Forward-Looking Statements

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This news release contains forward-looking statements and forward-looking information (collectively “forward-looking information”) within the meaning of applicable securities laws. These statements relate to future events or the future performance of the Company. All statements other than statements of historical fact may be forward-looking statements. The use of any words such as “estimate”, “will”, “do not believe”, “plan”, “expect”, “potential”, and similar expressions are intended to identify forward-looking statements. In particular, and without limiting the foregoing, this news release contains forward-looking statements regarding: the date and time of the Meeting; the expected benefits and results of this Plan, including that it provides Shareholders with an opportunity to receive immediate value and certain cash payments at recent trading levels and that this Plan will provide Blackline with access to additional capital and strategic resources to support its long-term growth under independent ownership; the possibility that Shareholders may receive a cash payment of approximately $0.50 per CVR and the timing of such payment; the intent of the Rollover Shareholders to waive any CVR Consideration; the intention of the Rollover Shareholders and the Purchaser to exchange the Rollover Shares for securities of the Purchaser or an affiliate of the Purchaser; that there is a high probability that this Plan will be terminated; that registered shareholders will receive a LOT for their meeting materials; and other similar statements.

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Blackline provided such forward-looking information in reliance on certain expectations and assumptions it believed to be reasonable at the time.

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Important assumptions on which the forward-looking information in this news release is based, and the material risks and uncertainties underlying such forward-looking information, include: the satisfaction of the conditions in the Settlement Agreement and the risk that those conditions are not satisfied, or to the extent permitted, waived, including the approval and approval of other Court approvals. third party approvals required to be obtained within the expected timeframes; the risk that no additional cash consideration will be paid in respect of the CVR; the risk that the Plan may be varied, accelerated or terminated in certain circumstances and its consequences; the accuracy and reliability of CIBC’s Statutory Valuation and Fairness Opinion and Canaccord’s Fairness Opinion; the continuation of the United States-Canada-Mexico Agreement and other applicable trade agreements; the effects of hostilities in the Middle East and elsewhere; that future business, regulatory, and industry conditions will be within Blackline’s expected limits, including with respect to prices, margins, demand, supply, product availability, supplier agreements, availability, and labor and interest costs, trade, and applicable tax rates; levels of capital investment, flexibility of capital expenditure programs, and related funding sources; cash flow, cash balance, and access to the Company’s credit facility are sufficient to support capital investments; foreign exchange rates; near-term pricing and continued market volatility; accounting standards and judgments; the ability to generate sufficient cash flow to meet current and future obligations; the Company’s ability to obtain and retain qualified personnel and equipment in a timely and cost-effective manner; the Company’s ability to execute transactions on the required terms and at the expected time; inflation forecasts, including the Company’s components of its products, regulatory changes, supply chain disruptions, macroeconomic conditions, United States-Canada tariffs, the effects of military conflicts on the global economy; and other assumptions, risks, and uncertainties described from time to time in Blackline’s filings with securities regulatory authorities.

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Although Blackline believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on forward-looking information because Blackline cannot give any assurance that it will prove to be true. Forward-looking information speaks of future events and conditions, which themselves involve inherent risks and uncertainties, including the risks mentioned above and as discussed in Blackline’s Management Discussion and Analysis and Information Form for the year ended October 31, 2025 available on SEDAR+ at www.sedarplus.ca. Blackline’s actual results, performance or achievements may differ materially from those expressed in, or implied by, the forward-looking information and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking information will occur or occur, or if any of them do, what benefits Blackline will receive. Management has included the above summary of assumptions and risks associated with the forward-looking information provided in this press release to provide readers with a complete view of Blackline’s future performance and such information may not be suitable for other purposes. Readers are cautioned that the above lists of features are not exhaustive. These forward-looking statements are made as of the date of this press release and Blackline disclaims any intention or obligation to publicly update any forward-looking information, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

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The information contained herein about the Purchaser and its affiliates, including but not limited to, all summaries, and references to agreements in which the Rollover Shareholders will sell their Rollover Shares including contributions made by the Rollover Shareholders, has been provided by the Purchaser. Although Blackline has no knowledge that any statement contained herein is derived from, or based on, transfer agreements and other documents, information or records provided by the Buyer are untrue or incomplete, Blackline does not assume responsibility for the accuracy of the information contained in it and in those other documents, records or information or for any failure of the Buyer to disclose any events that may occur or affect the value of the information contained in it and those other documents, records or information or any failure of the Buyer to disclose any events that may have occurred or affect the value of the information contained therein. on Blackline.

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View the source version on businesswire.com:

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https://www.businesswire.com/news/home/20260519437159/en/

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