Absolute Enters Into Support Agreement

VANCOUVER, British Columbia – November 22, 2018 – Absolute (TSX: ABT), (the “Company”), the endpoint visibility and control company, today announced that one of its largest shareholders has agreed to support the Company’s nominees for directors including Salvatore Visca, Gerhard Watzinger, Gregory Monahan, Christy Wyatt, Eric Rosenfeld and Daniel Ryan (the “Nominees”) at the annual general meeting of shareholders to be held on December 13, 2018; provided, however, that under certain conditions, one of the Nominees will be replaced by a different nominee. In addition, depending on certain conditions, the shareholder has also agreed to support at least a majority of the Nominees at the 2019 annual general meeting of shareholders. A copy of the agreement will be filed on SEDAR.

“We have had, and continue to have, discussions with a number of shareholders since our announcement that Christy Wyatt would be joining the Company as Chief Executive Officer,” said Daniel Ryan, Chair of the board. “We are focused on providing Christy and the Company with the foundation to make the transition to new leadership in the Company and on the board as smooth as possible.”

©2019 Absolute Software Corporation. All rights reserved. ABSOLUTE and PERSISTENCE are registered trademarks of Absolute Software Corporation. Other names or logos mentioned herein may be the trademarks of their respective owners. For patent information, visit www.absolute.com/patents. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this press release.

For more information, please contact:

Media and Analyst Relations
Jill Rosenthal, InkHouse
absolute@inkhouse.com or 781-966-4167

Investor Relations
Joo-Hun Kim, MKR Group
joohunkim@mkrir.com or 212-868-6760