Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) today reports its financial results for the fourth quarter and fiscal year ending November 30, 2020.

Toronto, Canada: 03/18/2021 — To help employers and health plans gain more control over fraud, waste, and abuse (FWA), MedImpact Canada Limited and SEB Administrative Services Inc. are launching an advanced analytics and reporting solution to combat FWA in Canada. The solution, powered by machine learning and artificial intelligence (AI), promotes payment integrity, compliance, and member safety.

In line with the Royal Canadian Mounted Police (RCMP) objective of providing quality technology solutions, and to ensure its active and retired 40,000+ plan members have a modern and sustainable insurance administration solution, the RCMP announced on January 28, 2021, that SEB Administrative Services Inc. (“SEB Admin”), a subsidiary of Smart Employee Benefits Inc. (“SEB Inc.”, TSXV: SEB), was awarded a multi-year contract to provide insurance administration services for the RCMP Group Life Insurance and Disability Income Insurance plans, which will take effect on June 14, 2021.

Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) announces that the Board of Directors of the Company has approved the following grants pursuant to the Company’s Omnibus Long-Term Incentive Plan (the “Plan”).

Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) is pleased to announce that it has closed its previously announced shares for debt transaction. The Company issued 2,858,175 common shares in the capital of the Company (the “Shares”) at a price of $0.15 per Share in settlement of accrued directors’ fees in the amount of $428,726.25 owing to certain directors of the Company (the “Debt Settlement”).