Dialogue is Canada'spremier health and wellness virtual care platform, providing affordable on-demand access to quality care

TORONTO, July 26, 2023 /PRNewswire/ - Today, Sun Life Financial Inc. ("Sun Life") (TSX: SLF) (NYSE: SLF) is announcing it has entered into an agreement (the "Arrangement Agreement") to indirectly acquire all of the outstanding common shares ("Common Shares") of Dialogue Health Technologies Inc. ("Dialogue") (TSX: CARE) (other than certain Common Shares currently owned by Sun Life's affiliates and members of Dialogue executive management), Canada's leading integrated health platform, for $5.15 per Common Share (the "Transaction"). The total equity value of Dialogue is $365 million on a fully diluted basis (or $277 million for equity not currently owned by Sun Life or rolled by certain members of Dialogue's executive management). Dialogue's executive management will maintain a minority interest in Dialogue following closing.