Summary：**Blackline Safety Shareholders Unanimously Approve Lucrative Francisco Partners Acquisition Deal**C

referrerpolicy="no-referrer"
style="max-width:100%;height:auto;display:block;margin:0 auto;">

**Blackline Safety Shareholders Unanimously Approve Lucrative Francisco Partners Acquisition Deal**

CALGARY, Canada — Blackline Safety Corp. (“Blackline” or the “Company”) (TSX:BLN), a global leader in connected safety technology, today announced that shareholders of the Company (the “Shareholders”) have approved the previously announced plan of arrangement under which Francisco Partners, a leading global private equity firm, will acquire all outstanding common shares of Blackline.

In a significant development for the Company, the Shareholders overwhelmingly supported the acquisition deal, with 99.7% voting in favor of the arrangement. This decisive approval paves the way for the completion of the transaction, expected to occur in the coming weeks. The acquisition, valued at approximately $1.4 billion, represents a substantial premium for Blackline shareholders, underscoring the attractiveness of the deal.

The acquisition by Francisco Partners is a testament to Blackline's standing as a pioneer in the connected safety technology space. As a global leader, Blackline has been at the forefront of developing innovative solutions that enhance worker safety and operational efficiency. The Company's wearable safety devices and connected platforms have seen widespread adoption across various industries, including oil and gas, manufacturing, and construction.

Industry analysts view the acquisition as a strategic move by Francisco Partners to bolster its presence in the growing industrial safety technology market. With its expertise in scaling technology companies, Francisco Partners is well-positioned to drive Blackline's continued growth and expansion into new markets. The deal also highlights the increasing importance of safety technology in industries where worker safety is paramount.

As Blackline looks to the future under the ownership of Francisco Partners, the Company is poised to accelerate its product development and global reach. With the backing of a seasoned private equity firm, Blackline is expected to further solidify its market leadership and explore new opportunities for innovation and growth.

The unanimous approval of the acquisition deal by Blackline shareholders marks a significant milestone for the Company, setting the stage for a new chapter in its growth story. As the transaction approaches completion, stakeholders eagerly anticipate the opportunities that lie ahead for Blackline under the stewardship of Francisco Partners.