TORONTO, ONTARIO – July 4, 2024 – Adcore Inc. (the “Company” or “Adcore”) (TSX:ADCO)
(OTCQX:ADCOF) (FSE:ADQ), a leading e-commerce advertising management and automation platform
to leverage digital marketing in an effortless and accessible way (“Effortless Marketing”), today announced
that at its annual general meeting of shareholders held in Toronto on June 20, 2024 (the “Meeting”), each
of the five director nominees listed in its management information circular dated May 20, 2024 was elected
as a director of the Company. The directors have been elected to serve until the close of the next annual
meeting of shareholders. The details of the results of the vote for the election of directors is set out below:

shareholders table

 

In addition, Adcore reports that the appointment of Ziv Haft, Certified Public Accountants (Isr.), BDO
Member Firm as Adcore’s auditor was approved by the affirmation vote of 98.82% of shareholders
represented at the Meeting.

ABOUT ADCORE

Adcore is a leading AI-powered marketing technology company.

 By combining extensive industry knowledge and experience with its proprietary artificial intelligence (AI) powered technology, Adcore offers a unique digital marketing solution that empowers entrepreneurs and advertisers by managing and automating their e-commerce store advertising and monitoring and analyzing the performance of their advertising budget to ensure maximum Return on Investment. Adcore is a certified Google Premier Partner, Elite Tier Microsoft Partner, Facebook Partner, Verified Amazon Partner, and TikTok Partner. 

Established in 2006, the Company employs over fifty people in its headquarters in Tel Aviv, Israel and satellite offices in Toronto, Canada, Melbourne, Australia, Hong Kong and Shanghai, China.

For more information about Adcore, please visit https://www.adcore.com/investors/, https://www.adcore.com/blog or follow us on LinkedIn.

FORWARD-LOOKING STATEMENTS

This press release contains or may contain certain forward-looking statements, including statements about the Company. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

For further information please contact:

ADCORE INC.

https://www.adcore.com/investors/

Nick Campbell, CFA
Investor Relations
Telephone: +905-630-0148
Email: [email protected]

Martijn van den Bemd         
Chief Partnerships Officer     
Telephone: 647-497-5337      
Email: [email protected]  

Dr. Eva Reuter
Dr. Reuter Investor Relations
Telephone: +49 0) 69 1532 5857
Email: [email protected]