CARE - Dialogue divests German OHS Business

• Dialogue Health Technologies ( CARE:CA ) to divest its Occupational Health Safety service in Germany.
• The transaction is expected to close on or before December 31, 2022.
• In the twelve month period ending September 30, 2022, the OHS business generated revenue of C$4.7M and an adjusted EBITDA loss of C$1.8M.
• The sale also advances Dialogue on its path to breakeven EBITDA by the end of 2023.
• "Our core digital business in Canada is seeing robust growth in excess of 50% this year and benefitting significantly from the close integration of all our services. We are also confident in our strategy to grow our international business through high-margin and highly scalable services like our Wellness and iCBT programs. We will continue to invest in our IHP and in complementary services to drive superior outcomes for our members, customers, and partners. As we start the new year, I'm excited about the opportunities ahead." said Cherif Habib, CEO.

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