Acquisition set to enhance Co-operators insurance capabilities to Group Benefits clients

TORONTO, ON – March 1, 2023 – Co-operators Financial Services Limited (“Co-operators”), a wholly owned subsidiary of The Co-operators Group Limited, and Smart Employee Benefits Inc. (TSXV: SEB) (OTCQB: SEBFF) (“SEB”) are pleased to announce that they have completed the previously announced plan of arrangement under the Business Corporations Act (Ontario) (the “Transaction”).

February 22th, 2023 – Mississauga, ON: SEB Administrative Services Inc. (“SEB Admin”), a subsidiary of Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) (OTCQB: SEBFF), an Insurtech provider of cloud based, end-to-end IT and Benefit Processing solutions for the life and group benefits marketplace and government, is pleased to announce that it is set to launch its new Data Lab, an innovation centre for data, to harness opportunities within the field of data science.

February 21st, 2023 – Mississauga, ON: SEB Administrative Services Inc. (“SEB Admin”), a subsidiary of Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) (OTCQB: SEBFF), an Insurtech provider of cloud based, end-to-end IT and Benefit Processing solutions for the life and group benefits marketplace and government, is pleased to announce that it has signed an agreement with VUMI® Canada Inc., a privately-owned Canadian company that is part of VUMI® Group, an international healthcare management group that delivers the best health care worldwide through an unparalleled VIP service experience.

TORONTO, ON – January 3, 2023 – Co-operators Financial Services Limited (“Co-operators”), a wholly owned subsidiary of The Co-operators Group Limited, and Smart Employee Benefits Inc. (TSXV: SEB) (OTCQB: SEBFF) (“SEB”) announced today that they have entered into an arrangement agreement (the “Arrangement Agreement”) dated January 3, 2023 pursuant to which Co-operators will, indirectly through its wholly-owned subsidiary, acquire all of the issued and outstanding common shares of SEB (“SEB Shares”) by way of a statutory plan of arrangement (“Plan of Arrangement”) under the Business Corporations Act (Ontario) (the “Transaction”).

May 31, 2022 – Mississauga, ON: SEB Administrative Services Inc. (“SEB Admin”), a subsidiary of Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) (OTCQB: SEBFF), an Insurtech provider of cloud based, end-to-end IT and Benefit Processing solutions for the life and group benefits marketplace and government, is pleased to announce that it has signed a letter of intent with Everyday People Financial Inc. (“EP” or “Everyday People”), a financial technology and consumer financing company, to launch a bespoke healthcare spending account program, offering a challenger product to traditional employer health spending accounts.

May 31, 2022 – Mississauga, ON: SEB Administrative Services Inc. (“SEB Admin”), a subsidiary of Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) (OTCQB: SEBFF), an Insurtech provider of cloud based, end-to-end IT and Benefit Processing solutions for the life and group benefits marketplace and government, is pleased to announce that it has signed a letter of intent with Everyday People Financial Inc. (“EP” or “Everyday People”), a financial technology and consumer financing company, to launch a bespoke healthcare spending account program, offering a challenger product to traditional employer health spending accounts.

January 17, 2022 – Mississauga, ON – SEB Administrative Services Inc. (“SEB Admin”) a subsidiary of Smart Employee Benefits Inc. (“SEB”), has achieved ISO 27001:2013 Certification for its Information Security Management System (“ISMS“). This certification demonstrates the Company’s commitment to the highest level of internal compliance and security.

June 15, 2021 – Mississauga, ON – SEB Administrative Services Inc. (“SEB Admin”) has fully implemented and gone live with the life insurance administration for the Royal Canadian Mounted Police (“RCMP”) Group Life Insurance and Disability Income Insurance plans.

Mississauga, ON April 6, 2021 – SEB Administrative Services Inc. (“SEB Admin”), a subsidiary of Smart Employee Benefits Inc. (“SEB”, TSXV:SEB), is pleased to announce it has signed a “White Label TPA” joint venture (“JV”) agreement with Gesticonnect, a leading Third-Party Administrator (“TPA”) operating in Quebec focused on emerging market companies.

October 16, 2019 – Mississauga, ON – SEB Administrative Services Inc. (“SEB Admin”), a subsidiary of Smart Employee Benefits Inc. (TSXV: SEB), a leader in benefits administration and data processing services, has entered into an agreement with Oncidium Inc (“ONC”), to integrate Oncidium’s services and solutions (“OHGMed”) around Employee Absence and Disability Management into SEB’s benefits processing “FlexPlus” suite of solutions and services.