Vancouver, BC - TheNewswire - January 12, 2023 - Mobio Technologies Inc. (TSXV:MBO) (“Mobio” or the “Company”) is pleased to announce the results of its annual general and special meeting of its shareholders held on December 30, 2022 (the “Meeting”) to consider and vote on, among other things, the reapproval of the Company’s stock option plan, fixing the number of directors, electing the directors and appointing the auditor.

Reapproval of the Stock Option Plan

The shareholders reapproved The Stock Option Plan which was previously approved on August 18, 2020. The Stock Option plan is a 10% rolling plan. The full text of the Stock Option Plan is provided in the information circular of the Company dated July 15, 2020, which is available on www.sedar.com under the profile of the Company.

Vote Results on Other Matters

Other matters before the Meeting are described more fully in the management information circular dated November 29, 2022 (the “Circular”). The shareholders voted to fix the number of directors at three, elect Melanie Pump and re-elect Laurie Baggio and Brian O’Neill to the board of directors of the Company, and to appoint Dale Matheson Carr-Hilton LaBonte LLP, Chartered Professional Accountants as auditors of the Company for the ensuing year.

About Mobio Technologies Inc.

Mobio is a publicly traded company on the TSX Venture Exchange, headquartered in Vancouver, BC, and runs Strutta.com Media Inc. Strutta is a social promotions platform that helps marketers bring potential customers from stranger to fan to customer, and Strutta’s Promotions API provides a technology platform that facilitates social media competitions and campaigns for global brands. For more information visit www.mobio.net.

For additional information contact:

Laurie Baggio, CEO

Tel: 778 300-7565

ir@mobio.net

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Other than statements of historical fact, all statements included in this news release, including, without limitation, statements regarding future plans and objectives of Mobio are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those expected by Mobio are those risks described herein and from time to time, in the filings made by Mobio with Canadian securities regulators. Those filings can be found on the Internet at: http://www.sedar.com.

Neither the TSX Venture Exchange nor its Regulatory Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.