CALGARY, Canada — Blackline Safety Corp. (“Blackline” or the “Company“) (TSX: BLN), a global leader in connected safety technology, is pleased to announce that independent proxy advisory firms, including Institutional Shareholder Services (“ISS“), have recommended that shareholders vote “FOR” the proposed plan of arrangement (the “Transaction“) with Apollo Purchaser, Inc. (the “Purchaser“), a newly formed corporation controlled by Francisco Partners Management, L.P. The special meeting of shareholders of Blackline (the “Meeting“) to approve the Transaction is scheduled for June 15, 2026. Under the Transaction, shareholders will receive $9.00 in cash per share plus one contingent value right (“CVR“) per share, entitling holders to a potential cash payment of up to $0.50 per CVR if the Company achieves a certain annualized recurring revenue target in fiscal 2027.






