Real Matters Announces Amendment to Normal Course Issuer Bid

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May 12, 2021

Real Matters Inc. (“Real Matters” or the “Company”) (TSX: REAL) announced today that the Toronto Stock Exchange (“TSX”) has approved an amendment to the Company’s current Normal Course Issuer Bid (“NCIB”) to increase the number of common shares that the Company may purchase for cancellation from 4 million common shares (approximately 5.1% of the 78,074,755 common shares in the public float as at May 31, 2020) to 6 million common shares (approximately 7.7% of the 78,074,755 common shares in the public float as at May 31, 2020) and to increase the aggregate purchase price for the shares purchased under the NCIB from C$70 million (US$50 million) to C$100 million (US$82 million). No other terms of the NCIB have changed.