Subordinate Voting Shares of Lumine Group Inc. to begin trading on the TSX Venture Exchange on March 24, 2023

As previously announced, on February 22, 2023, the Company completed the purchase of 100% of the shares of WideOrbit Inc. (“WideOrbit”), a US-based media vertical market software provider. In connection with the closing of the acquisition, the Company was spun out of Constellation Software Inc. (“CSI”) and now operates as a separate public company (the “Spin-Out Transactions”).

In connection with the completion of the Spin-Out Transactions, on February 23, 2023, all of CSI’s common shareholders of record on February 16, 2023 received, by way of a dividend-in-kind, 3.0003833 Subordinate Voting Shares for each common share of CSI held.

In connection with these transactions, the Company filed, and obtained a receipt for, a final long form prospectus dated February 6, 2023, a copy of which is available on SEDAR at www.sedar.com.

Capital Structure of the Company

The Company’s authorized share capital consists of an unlimited number of Subordinate Voting Shares, 1 super voting share (the “Super Voting Share”), an unlimited number of preferred shares (the “Preferred Shares”), and an unlimited number of special shares (the “Special Shares”).

There are (i) 63,671,176 Subordinate Voting Shares issued and outstanding, of which 63,671,170 Subordinate Voting Shares are held by public shareholders and 6 are held indirectly by CSI (as fractional shares were not distributed as part of the dividend-in-kind), (ii) 63,582,712 Preferred Shares issued and outstanding that are held indirectly by CSI, (iii) 1 Super Voting Share issued and outstanding that is held indirectly by CSI; and (iv) 10,178,504 Special Shares issued and outstanding that are held by certain pre-acquisition shareholders of WideOrbit (the “Rolling Special Shareholders”).