Absolute Software Reports Voting Results of Election of Directors

December 09, 2014

Vancouver, Canada: December 9, 2014 – Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops, tablets and smartphones, announced that, at its annual general and special meeting of shareholders held on December 8, 2014 (the “AGM”), each of the nine nominees listed below proposed as directors and listed in its management information circular dated November 7, 2014 were elected as directors. Mr. Terry Libin and Mr. Ian Reid did not put forward their names for nomination as directors at the AGM.

The detailed results of the voting by proxy for each nominee are as follows:

Nominee

Votes For

Number

%

Mr. J. Ian Giffen

22,513,576

81.8%

Mr. Geoff Haydon

23,198,684

84.3%

Mr. Arthur Mesher

27,491,320

99.9%

Mr. Gregory Monahan

23,110,678

84.0%

Mr. Eric Rosenfeld

20,459,558

74.4%

Mr. Daniel P. Ryan

27,368,362

99.5%

Mr. Josef Vejvoda

27,497,995

99.9%

Mr. Sal Visca

22,629,740

82.3%

Mr. Gerhard Watzinger

27,487,820

99.9%

The new directors are Mr. Gerhard Watzinger, Mr. Arthur Mesher and Mr. Josef Vejvoda. Shareholders also voted in favor of the Advance Notice Policy and the Phantom Share Unit Plan. The Company withdrew the proposed New Articles of Incorporation from consideration at the AGM. Detailed voting results will be available on SEDAR at www.sedar.com.

"I would like to welcome our new directors to the board,” said Geoff Haydon, Chief Executive Officer at Absolute Software. “Having such seasoned industry leaders join the board validates our position as an IT security leader as we define a new category which represents the nexus of mobility, security and cloud computing.”

“On behalf of the board I would like to thank Mr. Libin and Mr. Reid for their outstanding past contributions,” said Dan Ryan, Chairman at Absolute Software. “I would also like to welcome the new members of the board. The collective experience and talent represented by the new directors will help to drive the incredible growth and opportunity that is already underway at Absolute Software.”

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About Absolute Software

Absolute Software (NASDAQ: ABST) (TSX: ABST) is the only provider of self-healing, intelligent security solutions. Embedded in more than 600 million devices, Absolute is the only platform offering a permanent digital connection that intelligently and dynamically applies visibility, control and self-healing capabilities to endpoints, applications, and network connections - helping customers to strengthen cyber resilience against the escalating threat of ransomware and malicious attacks. Trusted by more than 18,000 customers, G2 recognized Absolute as a leader for the tenth consecutive quarter in the Summer 2022 Grid® Report for Endpoint Management and as a high performer in the G2 Grid Report for Zero Trust Networking.

©2022 Absolute Software Corporation. All rights reserved. ABSOLUTE, the ABSOLUTE logo, and NETMOTION are registered trademarks of Absolute Software Corporation or its subsidiaries. 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.

Forward-Looking Statements

This press release contains forward-looking statements and financial outlook that involve risks and uncertainties. These forward-looking statements and financial outlook relate to, among other things, the expected performance, functionality and availability of the Company’s services and products, and other expectations, intentions and plans contained in this press release that are not historical facts. When used in this press release, the words “plan,” “expect,” “believe” and similar expressions generally identify forward-looking statements. These statements reflect the Company’s current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and general market conditions. In light of the many risks and uncertainties, readers of the press release should understand that Absolute cannot assure them that the forward-looking statements and financial outlook contained in this press release will be realized. Furthermore, the forward-looking statements and financial outlook contained in this press release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements and financial outlook, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

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