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QeM Agreement

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Quantum eMotion™ Has Signed a Definitive Agreement to Acquire Plurilock™

Quantum eMotion Corp. (NYSE:QNC; TSXV:QNC), a Montréal company operating at the frontier of quantum-secure cybersecurity technologies, has entered into a definitive agreement to acquire 100% of the issued and outstanding common shares of Plurilock Security Inc. (TSXV:PLUR).

■ We're excited about this acquisition.

We believe that is the right combination at the right time: two frontier cybersecurity companies. joining forces, one with DNA in quantum and one with DNA in AI, both dedicated to protecting customers against tomorrow's threats.

We are more than the sum of our parts, and both companies are excited about what we'll do together.

 

■ What does it mean for you?

If you're currently a customer of Quantum eMotion, Plurilock, Aurora, or Integra, nothing changes for you. You'll continue to benefit from the same great capabilities, the same great service, and the same great people.

As providers, the companies will have new capabilities to offer that we didn't before, so ask your account manger how we can help you to stay secure.

Have questions?

1. The Announcement

1.1 What was announced today? We’re excited to share that Plurilock has entered into a definitive agreement to be acquired by Quantum eMotion Corp. (QeM), a Montréal company operating at the frontier of quantum-secure cybersecurity technologies. We’re certain this will be great for our customers. The transaction is expected to close in Q4 2026, subject to shareholder, legal, and regulatory approvals.

1.2 Who is QeM, and what does this mean for customers? QeM (NYSE American: QNC; TSXV: QNC; FSE: 34Q0) is a Montréal company whose technology combines quantum-generated entropy and quantum-safe cryptography, licensed from Université de Sherbrooke. For you as a customer, the message is simple: nothing about how we deliver to you changes today. Your contracts, service levels, invoices, and the people you work with all remain as they are. We believe the combination of Plurilock’s cybersecurity and AI DNA, combined with QeM’s quantum-entropy capabilities, create something stronger than either company alone.

1.3 When is the transaction expected to close? The parties expect closing in Q4 2026, subject to the approvals listed above. We’ll notify you when closing occurs, and separately before anything changes on your side.

2. Service Continuity

2.1 Will my services and support continue without interruption? Yes. Managed services, SOC and MDR monitoring, professional services engagements, and product support all continue uninterrupted. Nothing in this announcement affects any service you currently receive.

2.2 Will my account team, delivery team, or support contacts change? No changes to any of these teams or contacts have been announced. The same account manager, delivery leads, and support contacts remain at your disposal. We’ve been serving many of you for years and we value the trust you’ve placed in us. It is our goal to keep customers abreast of any changes to the extent possible.

2.3 Will my SLAs and escalation paths stay the same? Yes. Your service level agreements and escalation paths are unchanged and remain fully in effect.

3. Contracts and Billing

3.1 Will my existing contracts, SOWs, and purchase orders be honored? Yes. Every contract, SOW, and PO remains in effect under existing terms. Nothing you have signed needs to be re-papered today.

3.2 Will pricing change? No pricing changes have been announced. Your contracted pricing stays in effect for the duration of your current agreements. Any future change would follow the normal amendment process in your contract, with your consent required.

3.3 Will invoicing, payment instructions, or remit-to details change? No. Billing addresses, payment instructions, and banking details are not changing at this time. Please be aware that fraudulent requests to change bank details tend to increase after deal announcements. Verify any request to update remit-to details by phone with your known Plurilock contact before you act, and report any such request to us whether or not you can verify it.

3.4 Can I continue to buy through my current contract vehicle? Yes. Purchasing through your existing vehicles (SEWP, state/provincial, cooperative, or standing-offer vehicles, Canadian, U.S., or other) continues unchanged. Preserving key public-sector contract vehicles and certifications is a stated priority of the integration planning between the two companies.

4. Data, Security, and Compliance

4.1 Is my data, and our access to my environment, secure? Will anyone new have access? Your data remains where it is, under existing controls, accessed only by the personnel you have already approved. At this time the two companies remain separate and no customer data or environment access is being shared with QeM.

4.2 Do your security certifications and compliance commitments remain in effect? Yes. All existing compliance commitments, including SOC 2, CMMC, CPCSC, etc., remain in effect under your agreements. For customers with specific compliance questions tied to this transaction, please contact Manuel Villar.

4.3 How can I verify that messages about this transaction are genuine? Official communications come from @plurilock.com addresses and through your account team. We do not request payments, credentials, or bank detail changes by email. If a message about the transaction looks suspicious, do not click or reply; forward it to spam@plurilock.com or verify directly with your account manager by phone.

5. Updates

5.1 How and when will I receive updates? Your account team is your primary point of contact, and we look forward to continuing to serve you throughout this process and beyond. This FAQ will be updated as material facts change. We expect to reach out again at closing.

1. The Announcement

1.1 What was announced today? We’re excited to share good news. Quantum eMotion Corp. (QeM) has signed a definitive agreement to acquire Plurilock Security Inc. (TSXV: PLUR). The financial terms are in the press release. The transaction is expected to close in Q4 2026. We’re certain this combination will be great for our partners.

1.2 Who is QeM, and why are the two companies combining? QeM (NYSE American: QNC; TSXV: QNC; FSE: 34Q0) is a Montréal company operating at the frontier of quantum-secure cybersecurity, built on quantum-entropy technology licensed from Université de Sherbrooke. QeM sees Plurilock’s customer base, delivery capability, and procurement positions as a strong commercial platform for those technologies. For you as a partner, the practical point is that Plurilock continues to operate with stronger backing, and the team you work with stays in place. The combination brings together quantum-secure technology, AI systems, and decades of combined of cybersecurity expertise. Our partnerships have been central to what we do, and that continues.

1.3 When is the transaction expected to close? The parties expect Q4 2026, subject to shareholder, legal, exchange, and regulatory approvals. Until closing, the two companies remain separate and each operates independently.

2. Our Relationship

2.1 Does anything change in our relationship today? No changes to partner, OEM, distributor, or other similar relationships have been announced. Plurilock continues to operate as Plurilock, honoring every commitment we’ve made to you.

2.2 Does our partnership agreement remain in effect? Yes. All existing agreements stay in force under their current terms. Any administrative follow-up after closing would be handled by your existing contact.

2.3 QeM works with competing vendors. Will you continue to represent our products and services? Today, nothing changes: we continue to represent your products exactly as we do now. QeM’s technology portfolio is primarily components, a different and complimentary area to Plurilock’s primary business. We have nothing to announce about any future vendor or partner lineup or decisions, but we will keep you informed of any decisions that affect you and we’ll address the specifics of each partnership individually as integration planning progresses.

2.4 Will my contacts at your company change? No changes to announce. Your contacts, roles, and phone numbers remain the same, at least through closing and beyond anything announced today.

3. Business in Flight

3.1 What happens to active deal registrations, special pricing, and open quotes? All remain valid as issued. Nothing in the announcement affects a deal registration, an approved exception, or a quote currently on the table.

3.2 Will orders, invoicing, and payment continue as they do today? Yes. Place orders and pay invoices exactly as you always have. Any change to banking or remit-to details would come through your known contact and be verified by phone. We don’t process payment-instruction changes that arrive solely by email.

3.3 Will current incentives, rebates, MDF, and joint marketing plans continue? Yes, under existing terms through closing. Committed MDF and co-marketing funds remain committed. Joint plans continue on their current calendars.

3.4 Will our subcontracts, teaming agreements, and joint pursuits continue? Yes. Subcontracts and teaming agreements remain in effect, and active pursuits continue on their current timelines. Preserving key public-sector contract vehicles and certifications is a stated priority of the integration planning.

4. Joint Customers and Confidentiality

4.1 What are you telling our mutual customers? The same message we’re giving all customers: services continue, contracts are honored, security and access are unchanged, and their teams and contacts stay the same. For any joint account, your point of contact here is Beau Conway, and we’d like to coordinate any joint messaging before either of us speaks to the customer.

4.2 How will our confidential information be protected? Existing NDAs remain in full force. After closing, your information will continue to be governed by already signed agreements.

5. Updates

5.1 When will we learn more about longer-term plans? The companies plan to establish a joint integration team before closing, with customer and partner continuity among its stated priorities. Your partner manager will reach out directly at each milestone. We value our partners highly as a key part of our business, and we believe this combination positions us to do even more together.

About Quantum eMotion™

Quantum eMotion Corp. (NYSE American: QNC; TSXV: QNC; FSE: 34Q0) is developing quantum-secure cybersecurity technologies designed to protect digital systems, communications and data in an increasingly complex cyber-threat environment. The company’s technology portfolio combines quantum-generated entropy, quantum-safe cryptography and cybersecurity technologies designed for applications across enterprise, cloud, communications, critical infrastructure and other security-sensitive environments. For more information, visit www.quantumemotion.com.

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