#Canada #H.I.G. Capital #Toronto #Converge Technology #Proxy Voting

Converge Technology Solutions Calls for Shareholder Participation

Converge Technology Solutions Corp., a prominent player in IT solutions, is urging its shareholders to proactively participate in the upcoming proxy voting process. This upcoming event is critical for shaping the company's future direction through an important special meeting.

The company has formally reminded shareholders to cast their votes before the proxy voting deadline of 11 a.m. Toronto time on April 8, 2025. Following this, the shareholders will meet virtually on April 10, 2025, at 11 a.m. to discuss a special resolution. The resolution pertains to a significant statutory plan of arrangement, under the Canada Business Corporations Act, where H.I.G. Capital is set to acquire all of Converge's issued and outstanding common shares. Shareholders are offered C$6.00 per Common Share, with some exceptions for shares held by specific investors who have agreed to rollover equity arrangements.

Importance of the Meeting

During the meeting, shareholders will have the opportunity to weigh in on the Arrangement Resolution. Converge's Board of Directors has unanimously recommended that shareholders vote in favor of this proposal. This recommendation suggests the board believes the arrangement with H.I.G. Capital is in the best interest of all shareholders, aiming to enhance company value and ensure sustainable growth.

For those interested in more information, the detailed arrangements and voting instructions can be found in the management information circular dated March 10, 2025, along with the related proxy materials. Interested parties can access this information via Converge's profile on SEDAR+ and their official website at Converge Investor Relations.

Voting Process & Support

Shareholders are strongly encouraged to familiarize themselves with the circular and ensure their votes are submitted on time ahead of the deadline. With the meeting's virtual format, accessibility has been improved, allowing participants to join from anywhere.

To answer questions or provide assistance with the voting process, Converge has partnered with Laurel Hill Advisory Group, their proxy solicitation agent. Shareholders can reach out for support either toll-free within North America or internationally via provided contact numbers or through email.

About Converge Technology Solutions

Established in 2017, Converge Technology Solutions Corp. stands out as a service-driven provider focusing on IT solutions tailored to meet various business needs. Their commitment lies in delivering innovative, outcomes-driven solutions, leveraging advanced technologies like AI and cloud platforms. This approach not only enhances operational efficiency but also fosters innovation among businesses.

As they prepare for this significant meeting, the company emphasizes their mission of rethinking IT with a human-centered focus, empowering clients to achieve success through transformative digital strategies.

In conclusion, this pivotal moment in Converge's history invites all shareholders to play an active role in determining the outcome of their company’s strategic initiatives. Such engagements strengthen the governance model while ensuring shareholder interests are prioritized.

Stay informed, participate actively, and make your voice heard in the future direction of Converge Technology Solutions.