Sylogist Schedules Special Meeting of Shareholders for April 7, 2026

Core Viewpoint - Sylogist Ltd. is facing a proxy contest initiated by OneMove Capital Ltd. and its principal, Tyler Proud, who is demanding disproportionate representation on the Board of Directors, which the Company opposes as it does not align with the interests of all shareholders [2][4][9]. Group 1: Shareholder Meeting and Proxy Contest - A Special Meeting of Shareholders is scheduled for April 7, 2026, in response to the requisition from OneMove Capital [1]. - OneMove is seeking control of almost 60% of the Board, which is significantly higher than its ownership interest in Sylogist [2][4]. - Over 35% of shareholders have expressed support for Sylogist's opposition to OneMove's requisition, citing concerns about Tyler Proud's track record and the disruptive nature of his demands [2][9]. Group 2: Board of Directors' Actions - The Board has taken decisive steps to enhance governance and operational focus, aiming for sustainable growth [3]. - Errol Olsen has been appointed as the new Board Chair, bringing over 25 years of experience in SaaS and public company finance [10]. - The Board has engaged with OneMove in good faith to reach a resolution but has faced rebuffed efforts, leading to the current proxy contest [5][10]. Group 3: Company Strategy and Governance - Sylogist is committed to protecting the interests of all shareholders and will not prioritize the demands of a single activist shareholder [4][5]. - The Company has implemented a shareholder rights plan to ensure fair treatment of all shareholders in the event of a takeover bid [10]. - A new Business Scale Committee has been formed to align long-term strategic goals with operational execution [10].