VIQ Solutions Announces Client Contract Extensions and an Upcoming Product Release

About this update from Viq Solutions Inc.

Richmond Hill, Ontario--(Newsfile Corp. - June 15, 2026) - VIQ Solutions Inc. (TSXV: VQS) ("VIQ" or "the Company"), a global leader in AI-powered digital documentation, today announced the extension of two multi-year, multi-million-dollar client contracts in the USA and UK business units. The first extension, with a Media client, pushes the next renewal date out to Q2 2029, and represents approximately US $1.6 million in annual revenue. The second, with a UK Government client, pushes the next renewal to Q3 2028, and represents approximately US $800,000 in annual revenue. In addition, the company has successfully renewed a number of client contracts in courts, law enforcement and other government agencies in the USA. "We are very pleased with the mutual commitment between VIQ and our US and UK clients, which allows us to invest in and further develop our services for the long term," said Elizabeth Pennell, Global Head of Operations. "While technology advancements enable VIQ to continually evolve the processes, our long-term relationships with our clients are the true basis of VIQ's presence in the market." VIQ is also pleased to announce the upcoming release of a new approach to audio capture. "Our new approach to audio capture will bring together resilient recording, streaming transcription and translation, and secure remote access in a single connected experience," said Caroline Brown, VP of Marketing, Product and Technology. "Built for high-stakes environments where accuracy and reliability matter most, the product will empower teams to capture, stream, and access live proceedings from anywhere, while laying the foundation for faster workflows, enhanced collaboration, and smarter content management." VIQ is also announcing that it has issued stock options and restricted share units ("RSUs") of the Corporation covering a total of 2,010,000 common shares of the Corporation under its omnibus equity incentive plan, including a grant of 300,000 stock options and 1,300,000 RSUs to certain officers and directors of the Company. All of such stock options will vest between the grant date and October 31, 2026 and all such RSUs will vest following the one-year anniversary of the grant date. Media Contact:Larry Taylor, CEO, VIQ Solutions(800) 263-9947Jacob Manning, VIQ SolutionsEmail: ma...

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