Award recognizes CEO with less than three years’ tenure in current role who has demonstrated significant impact on the company and its strategy

Absolute® (TSX: ABST) (Nasdaq: ABST), a leader in Endpoint Resilience™ solutions, today announced Absolute’s President and Chief Executive Officer Christy Wyatt has been named ‘New CEO of the Year’ by The Globe and Mail's Report on Business. This award is given to a CEO with less than three years of tenure in her or his current role, who has had a significant impact on the company and its strategy.

The Report on Business annual CEO of the Year award program recognizes Canada’s top five business leaders of 2020 for representing “the best of Canadian corporate leadership, innovation, vision, and responsibility.” All five winners are featured in the December issue of Report on Business magazine, now available in print and online, and will share their expertise and vision for the year ahead in a webcast on December 9, 2020.

“These five CEOs have offered strong leadership through an extraordinary year,” said James Cowan, editor of Report on Business Magazine, in a previous press release. “We’re pleased to celebrate their accomplishments and to share their stories and insights with Globe readers.”

“It is an honor to be recognized by the Report on Business team, and I’d like to congratulate my fellow CEO award winners for demonstrating strong leadership and driving innovation in a year unlike any other,” said Christy Wyatt, President and CEO of Absolute. “A pillar of this award program is the belief that ‘great leadership exists through collaboration,’ and I could not agree more. I share this achievement with the entire Absolute team - who have worked tirelessly to help our customers navigate the seismic shift this year to remote work and distance learning, and build the resilience and agility needed to continue operating successfully and sustainably.”

Christy has served as Chief Executive Officer of Absolute since November 2018. She was named one of the Top 100 Women in Cybersecurity for 2020, and one of the Top 50 Women Leaders in SaaS in 2019. Under her leadership, Absolute was recognized as one of the ‘Top Ten Cybersecurity Companies to Watch in 2020’ by Forbes.

Report on Business is the magazine for leaders, providing exclusive, intelligent business and financial journalism in the public interest on Canadian business, the economy and investments. For more information on the CEO of the Year program and the webcast event on December 9, 2020, please visit here.

To learn more about Absolute, visit www.absolute.com.

About Absolute

Absolute is a leader in Endpoint Resilience solutions and the industry’s only undeletable defense platform embedded in over a half-billion devices. Enabling a permanent digital tether between the endpoint and the enterprise who distributed it, Absolute provides IT and Security organizations with complete connectivity, visibility, and control, whether a device is on or off the corporate network, and empowers them with Self-Healing Endpoint™ security to ensure mission-critical apps remain healthy and deliver intended value. For the latest information, visit www.absolute.com and follow us on LinkedIn or Twitter.

©2020 Absolute Software Corporation. All rights reserved. ABSOLUTE and the ABSOLUTE logo are registered trademarks of Absolute Software Corporation in the United States and/or other countries. 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.

Media Relations Becki Levine press@absolute.com 858-524-9443

Investor Relations Joo-Hun Kim IR@absolute.com 212-868-6760

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