Absolute Software Declares Quarterly Dividend

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--

Absolute Software™ (NASDAQ: ABST) (TSX: ABST) today announced that its Board of Directors has declared a quarterly dividend of CAD$0.08 per share on its common shares, payable in cash on May 25, 2022 to shareholders of record at the close of business on May 12, 2022.

Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends.

About Absolute Software

Absolute Software (NASDAQ: ABST) (TSX: ABST) is a leading provider of self-healing endpoint and secure access solutions, delivering truly resilient zero trust security for today’s distributed workforces. Absolute is the only endpoint platform embedded in more than half a billion devices, offering a permanent digital connection that intelligently and dynamically applies visibility, control and self-healing capabilities to endpoints, applications, and network connections - enabling customers to strengthen cyber resilience against the escalating threat of ransomware and malicious attacks. Trusted by nearly 16,000 customers, G2 recognized Absolute as a leader in Zero Trust Networking and Endpoint Management in the Winter of 2022.

©2022 Absolute Software Corporation. All rights reserved. ABSOLUTE, the ABSOLUTE logo, and NETMOTION are registered trademarks of Absolute Software Corporation. Other names or logos mentioned herein may be the trademarks of Absolute or their respective owners. The absence of the symbols ™️ and ® in proximity to each trademark, or at all, herein is not a disclaimer of ownership of the related trademark.

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Media Relations

Becki Levine, Absolute Software

press@absolute.com

858-524-9443

Investor Relations

Joo-Hun Kim, MKR Group

IR@absolute.com

212-868-6760

Source: Absolute Software

FAQ

What is the dividend amount declared by Absolute Software?

Absolute Software has declared a quarterly dividend of CAD$0.08 per share.

When will the dividend be paid to shareholders of Absolute Software?

The dividend will be paid on May 25, 2022.

What is the record date for Absolute Software's dividend?

The record date for the dividend is May 12, 2022.

Is the declared dividend by Absolute Software an eligible dividend?

Yes, the dividend is designated as an eligible dividend under Canadian tax law.

What type of solutions does Absolute Software provide?

Absolute Software provides self-healing endpoint security and secure access solutions.

How many customers does Absolute Software serve?

Absolute Software serves nearly 16,000 customers worldwide.