OneMove Capital Ltd. ("OneMove"), the largest independent shareholder of Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company") owning approximately 15% of the Company's outstanding shares, today sent a formal letter to the Sylogist Board of Directors (the "Board") addressing the serious conflict of interest that has prevented a negotiated settlement.

The Board has publicly accused OneMove of being a "moving target" in settlement discussions. The reality is far simpler: the only reason a deal has not been reached is because David Barr of PenderFund Capital Management Ltd. ("PenderFund") and his hand-picked Board Chair, Errol Olsen, a PenderFund insider, have blocked it at every turn. OneMove has been told directly by the Board on numerous occasions that no settlement can proceed without PenderFund's approval. When one conflicted shareholder holds veto power over the Board's decisions, it is not an independent Board.

In its letter, which can be found below and at www.abettersylogist.com, OneMove:

OneMove's four highly-qualified director nominees â?? Rhonda Bassett-Spiers, Mary Filippelli, Jonny Franklin-Adams and Tyler Proud â?? are independent and aligned with Sylogist shareholders. They bring the needed experience and expertise to execute on OneMove's clear and actionable plan to turn Sylogist around for the benefit of all shareholders.

The full text of the letter follows:

How to VoteOneMove urges Sylogist shareholders to vote FOR its four director nominees on their GOLD PROXY CARD or GOLD VOTING INSTRUCTION FORM well in advance of the proxy voting deadline of May 7, 2026, at 5:00 PM MT.

Shareholders who have questions or need help voting should contact Carson Proxy, OneMove's proxy solicitor: 1-800-530-5189 Toll Free (Canada & the United States) 1-416-751-2066 (Local / Text) or at info@carsonproxy.com

For More InformationFor more information about OneMove's nominees and its plan for Sylogist, please visit www.abettersylogist.com.

About OneMove CapitalOneMove Capital Ltd. is a private investment firm focused on small and mid-cap public companies where active engagement and governance improvements can unlock shareholder value. OneMove is an approximately 15% shareholder of Sylogist Ltd.

Forward-Looking StatementsStatements contained herein that are not historical facts constitute "forward-looking statements" and "forward-looking information" (together, "forward-looking statements") within the meaning of applicable securities laws that reflect OneMove's current expectations, assumptions, and estimates of future events, performance and economic conditions. Such forward-looking statements rely on the safe harbor provisions of applicable securities laws. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements and there can be no assurance that the Company's securities will trade at the prices that may be implied herein, and there can be no assurance that any opinion or assumption herein is, or will be proven, correct. Words and phrases such as "anticipate," "believe," "create," "drive," "expect," "forecast," "future," "growth," "intend," "hope," "opportunity," "plan," "confident," "restore," "reduce," "potential," "proposal," "unlock," "upside," "will," "would," and similar words and phrases are intended to identify forward-looking statements. These forward-looking statements may include, but are not limited to, statements concerning: the timing of the annual and special meeting of the Company (the "Meeting") and the proxy cut-offs therefor; any appointment of Andrew Shen as chair of the special committee (including the timing thereof); the anticipated outcomes of the replacement of the special committee; the outcomes of the votes conducted at the Meeting; the anticipated outcomes from the actions taken and proposed to be taken by OneMove (including the timing thereof); the anticipated financial and operating performance of the Company; the Company's growth, cash flow, and operating margins; and the Company's go-forward strategy. Such forward-looking statements are not guarantees of future performance or actual results, and readers should not place undue reliance on any forward-looking statement as actual results may differ materially and adversely from forward-looking statements. All forward-looking statements contained herein are made only as of the date hereof, and OneMove disclaims any intention or obligation to update or revise any such forward-looking statements to reflect events or circumstances that subsequently occur, or of which OneMove hereafter becomes aware, except as required by applicable law.

Investor Contact:OneMove Capital Ltd.Email: info@onemovecapital.comWebsite: www.abettersylogist.com 

Media ContactASC AdvisorsTaylor Ingraham / Steve Brucetingraham@ascadvisors.com / sbruce@ascadvisors.com 203 992 1230

SOURCE OneMove Capital Ltd.

SOURCE: OneMove Capital Ltd.

COMTEX_478083153/2197/2026-04-27T20:37:00