Toronto, Ontario–( June 3, 2026) – BeWhere Holdings Inc. (TSXV: BEW) (OTCQB: BEWFF) (the “Company” or “BeWhere“), is pleased to announce that its wholly owned Ontario subsidiary, BeWhere Inc. (the “Purchaser“) has completed the acquisition of all of the issued and outstanding shares (the “Purchased Shares“) in the capital of SecureQuip Systems Ltd. (“SecureQuip“), pursuant to a share purchase agreement (the “SPA“) dated June 3, 2026 between Christopher MacLean (the “Vendor“), the Purchaser and SecureQuip (the “Transaction“) on June 3, 2026 (the “Closing Date“).

BeWhere CEO, Co-Founder and Director Owen Moore commented, “SecureQuip is a very compelling acquisition across a number of strategic and financial fronts as it:

(i) improves our position in the Equipment Asset Tracking vertical, a core strategic growth market;
(ii) materially increases our high-value recurring revenue with post transaction pro-forma Annual Recurring Revenue (ARR)⁽¹⁾ estimated at over $12M;
(iii) is a complementary acquisition that is anticipated to contribute to the Company’s revenue, cash flow and profitability;
(iv) offers access to an established customer base with cross-sell opportunities including long-tenured construction and fleet operators,
(v) helps expand our existing reseller market share; and,
(vi) presents a cross-sell opportunity for the Company’s broader IoT platform while allowing for entry into the higher-margin asset recovery market.”

Founded in Midland in 2002, SecureQuip is an Ontario-based provider of asset tracking solutions, and currently has approximately 11,000 tracking devices operating in the North American marketplace. Select financial results for SecureQuip for the fiscal year ending October 2025 are provided in the table below.