CRH Medical Corporation Updates Special Meeting Materials in Connection with Proposed Arrangement with Well
Health Technologies Corp.
Vancouver, BC April 7, 2021 CRH Medical Corporation (TSX: CRH) (NYSE American: CRHM)
(CRH or the Company) announced today that it has filed with the U.S. Securities and Exchange Commission (the SEC) a Current Report on Form 8-K
containing certain disclosures that are intended to amend and supplement the Companys proxy statement and management information circular, dated March 19, 2021 (the Circular), relating to the special meeting of CRH
securityholders that will be held in connection with the proposed acquisition of CRH by WELL Health Technologies Corp. (the Arrangement), which Circular was previously mailed to securityholders. The Current Report and supplemental
disclosures are available on the SECs website at http://www.sec.gov, on SEDAR at www.sedar.com and on the Companys website at http://investors.crhsystem.com.
The supplemental disclosures were prepared in response to certain complaints filed against CRH and the members of the CRH Board of Directors by purported
individual CRH shareholders in the U.S., which complaints allege that the Circular was materially incomplete and misleading, in violation of certain U.S. securities laws. The defendants believe that all of the complaints are without merit and that
no further disclosure is required to supplement the Circular under applicable laws. However, in order to moot the plaintiffs unmeritorious disclosure claims, to avoid the risk that the foregoing actions may delay or otherwise adversely affect
the consummation of the Arrangement and to minimize the expense of defending such actions, CRH voluntarily made the disclosures set forth in the Current Report to supplement the disclosures contained in the Circular. The supplemental disclosures
should be read in conjunction with the disclosures contained in the Circular, which should be carefully read in its entirety. The Circular is available on the SECs website at http://www.sec.gov, on SEDAR at www.sedar.com and on the
Companys website at http://investors.crhsystem.com.
The filing will not affect the consideration to be received by CRH shareholders in connection
with the Arrangement, or the timing of the special meeting of the Companys securityholders scheduled for April 16, 2021, at 9:00 a.m., Vancouver time, which is being held in a virtual format conducted via live audio webcast at
https://web.lumiagm.com/281719465. At the meeting, CRH securityholders will be asked to vote on a special resolution to approve the Arrangement (the Arrangement Resolution), and CRH shareholders will be asked to vote on a proposal
to approve, on an advisory (non-binding) basis, the compensation that may be paid or become payable to CRHs named executive officers in connection with the Arrangement (the Compensation
Proposal). The CRH Board of Directors continues to unanimously recommend that CRH securityholders vote FOR the approval of the Arrangement Resolution and that CRH shareholders vote FOR the Compensation Proposal.
Cautionary Note Regarding Forward-Looking Statements
Certain statements and information included or incorporated by reference in this document may constitute forward-looking statements within the
meaning of the U.S. Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of Canadian securities laws (collectively, forward-looking statements). Forward looking statements
include statements regarding the acquisition of the Company by WELL, as well as all other statements that are not statements of historical fact. Forward-looking statements are generally identifiable by use of the words may,
will, should, expect, anticipate, estimate, believe, plan, intend or project or the negative of these words or other variations on these
words or comparable terminology.