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VIQ Solutions Inc. — Board/Management Information 2022
Nov 25, 2022
45551_rns_2022-11-25_d0551dc0-8149-40ec-a177-dafd8db9b76d.pdf
Board/Management Information
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FORM 51-102F3 MATERIAL CHANGE REPORT
1. Name and Address of Company
VIQ Solutions Inc. (the " Company " or " VIQ ") 5915 Airport Road, Suite 700 Mississauga, Ontario L4V 1T1
2. Date of Material Change
November 15, 2022.
3. News Release
A news release dated November 17, 2022 was disseminated through the facilities of Business Wire and subsequently filed on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.
4. Summary of Material Change
The Company announced the appointment of the Company’s Chairman, Larry Taylor, as Executive Chairman. Additionally, the Company announced the appointment of Tim Johnson as Senior Vice President of International.
5. Full Description of Material Change
5.1 Full Description of Material Change
The Company announced the appointment of Larry Taylor as Executive Chairman. As both an executive and board member of VIQ, Mr. Taylor’s new role was created to work closely with the executive team and accelerate the Company’s delivery of increased profitability and enhanced cash flow. There is no change to the Company's executive level managers, including Sebastien Paré, Chief Executive Officer, Susan Sumner, President and Chief Operating Officer, and Alexie Edwards, Chief Financial Officer; all of whom will report to Mr. Taylor.
The Company also announced the appointment of Tim Johnson following the recently announced partnership with ORdigiNAL, a specialized value-added distributor of document creation solutions and one of the largest distributors of Nuance technologies across the globe. Mr. Johnson, who most recently served as the Head of Sales, Healthcare, for Nuance/Microsoft in the United Kingdom and Ireland, is expected to focus on client and partner advocacy to drive international growth and adoption of transformative technologies across targeted verticals. Mr. Johnson reports to Susan Sumner, President and Chief Operating Officer.
5.2 Disclosure for Restructuring Transaction
Not applicable.
6. Reliance on subsection 7.1(2) or (3) of National Instrument 51-102
Not applicable.
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7. Omitted Information
Not applicable.
8. Executive Officer
For additional information please contact Sebastien Paré, Chief Executive Officer of the Company, at (905) 948-8266 or [email protected].
9. Date of Report
November 25, 2022.