VIQ Announces Normal Course Issuer Bid

About this update from Viq Solutions Inc.

[{"type":"text","content":"VIQ Announces Normal Course Issuer BidToronto, Ontario--(Newsfile Corp. - December 17, 2025) - VIQ Solutions Inc. (TSXV: VQS) (\"VIQ\" or the \"Company\") is pleased to announce that the TSX Venture Exchange (the \"TSXV\") has accepted a notice (the \"Notice\") filed by the Company of its intention to make a normal course issuer bid (the \"NCIB\") for purchases of its common shares (the \"Shares\"). The Company has entered into an issuer repurchase plan agreement with Beacon Securities Limited (the \"Broker\") to facilitate the NCIB.The Notice provides that the Company may, during the 12-month period commencing January 2, 2026 and ending January 1, 2027, or on such earlier date as VIQ completes its purchases or provides notice of termination, purchase up to 3,467,243 Shares in total, representing approximately 5% of the Shares issued and outstanding as at December 15, 2025 (or approximately 7.6% of the public float). All purchases will be done in accordance with the Company's existing credit facility. The actual number of Shares which may be purchased under the NCIB and the timing of any such purchases will be determined by management of the Company, subject to applicable law and the rules of the TSXV.Subject to any required regulatory approvals, all purchases of Shares under the NCIB will be conducted through the facilities of the TSXV and/or alternative Canadian trading systems at prevailing market prices, or by such other means as may be permitted by the applicable securities regulator. All Shares purchased under the NCIB are to be cancelled or otherwise reserved as treasury shares. Purchases under the NCIB will be made from time to time by the Broker on behalf of the Company.The Company will enter into an automatic share purchase plan with the Broker to allow for the purchase of Shares under the NCIB at times when the Company would ordinarily not be permitted to purchase Shares due to regulatory restrictions or self-imposed blackout periods.\"Our Board believes that VIQ's current share price does not adequately represent the underlying strength of our business, the progress we've achieved under our global structured operating architecture, or the opportunity ahead as we continue strategic implementation across regions — including the current operational transformation in Australia. Repurchases under the NCIB will...

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