TORONTO, Nov. 13, 2026 /CNW/ -- Sabio Holdings Inc. (TSXV: SBIO) (OTCQB: SABOF) (the "Company" or "Sabio"), a Los Angeles-based ad-tech company helping global brands reach, engage and validate (R.E.V.) streaming TV audiences, announces that Carl Farrell has resigned as a director of the Company, effective November 13, 2026.

"On behalf of the Board and the entire Sabio team, I want to thank Carl for his contributions to the Company during his time as a director," said Aziz Rahimtoola, Chief Executive Officer of Sabio. "The Board will continue to assess its composition and governance requirements following Carl's departure. We appreciate Carl's guidance and commitment, and we wish him continued success.

In line with our focus on building a leaner organization, we have implemented several cost reduction initiatives, including restructuring our cloud infrastructure, which are expected to result in annualized cost reductions of over US$5 million in 2027."

About Sabio
Sabio Holdings (TSXV: SBIO, OTCQB: SABOF) is a technology and services leader in the fast-growing ad-supported streaming space. Its cloud-based, end-to-end technology stack works with top blue-chip, global brands and the agencies that represent them to reach, engage, and validate (R.E.V.) streaming audiences.

Sabio consists of a proprietary ad-serving technology platform that partners with the top ad-supported streaming platforms and apps in the world, App Science®, a non-cookie-based software as a service (SAAS) analytics and insights platform with AI natural language capabilities, and Creator Television® (Creator TV), the first creator-led streaming network and content studio dedicated to bringing the authenticity and energy of social media storytelling to TV. For more information, visit: sabioctv.com

For Further Information:

Sabio Holdings Inc.
Aziz Rahimtoola, Chief Executive Officer
Email: investor@sabio.inc
Telephone: 1-844-974-2662

Forward-Looking Information

This press release may contain certain forward-looking information and statements ("forward-looking information") within the meaning of applicable Canadian securities legislation, which is often, but not always, identified by the use of words such as "believes," "anticipates," "plans," "intends," "will," "should," "expects," "continue," "estimate," "forecasts," or the negative thereof and other similar expressions. All statements herein other than statements of historical fact constitute forward-looking information, including but not limited to, statements relating to management's current expectations and assumptions, and is subject to risks and uncertainties, including whether the expected $5 million cost reduction initiatives are sustained, that could cause actual results to differ materially. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company undertakes no obligation to comment on analyses, expectations, or statements made by third parties in respect of the Company, its securities, or financial or operating results (as applicable). Although the Company believes that the expectations reflected in forward-looking information in this press release are reasonable, such forward-looking information has been based on expectations, factors, and assumptions concerning future events that may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company's control, including certain cloud infrastructure costs and other risk factors disclosed in the Company's annual information form and management's discussion and analysis (MD&A), which are publicly available on SEDAR Plus at www.sedarplus.ca. The Company has assumed that the material factors referred to herein will not cause such forward-looking statements and information to differ materially from actual results or events. However, there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release is expressly qualified by this cautionary statement and is made as of the date hereof. The Company disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise.

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SOURCE Sabio Inc.