GuestTek Announces its Banking Relationship with Bank of Montreal

November 2022, Calgary, Canada. GuestTek Interactive Entertainment Ltd., the global leader
in providing end-to-end hospitality technology and support solutions, is pleased to announce the
refinancing of USD $25.0 million to a senior secured credit facility with Bank of Montreal for
long-term operations and corporate growth.

With principal operations located in Canada, Europe, Asia, and the United States, GuestTek’s
focus on hospitality means we fully understand and deliver on the technology needs of today’s
hotel guests, while engineering the in-room technologies desired by tomorrow’s guests. Our
OneView™ platform brings hotel branding to every room, reinforcing the value and services of
the hotel property every time a guest turns on the TV or logs in to their device. Because
OneView is built in house, proprietary and highly customizable, GuestTek continues to
strengthen its competitive advantage in the marketplace.

“Working with the Bank of Montreal was refreshing as they took the time to understand our
global business, provide insights into the marketplace and worked effectively alongside our
global team. BMO’s expertise and knowledge of the industry will be instrumental in assisting
GuestTek in its growth strategy,” said Kate Levy, Chief Executive Officer, GuestTek.

“We’re very pleased to be able to bring GuestTek on as a new global banking relationship. Our
expertise and commitment to partnering with our clients to deeply understand their needs
enabled us to deliver a comprehensive solution that strengthens and complements GuestTek’s
growth strategy,” said Allison Hakomaki, Senior Vice President & Head, Prairies, BMO
Commercial Bank, Canada.

About GuestTek
GuestTek® is a global leader of end-to-end technology solutions for the hospitality industry.
Since 1997, GuestTek’s technology has been installed in over 800,000 rooms in over 3900
properties worldwide. GuestTek’s OneView™ products bundle broadband and cloud-based
internet, media, voice, digital signage, and reporting solutions to create a streamlined
environment, continuity of guest experience, and cost savings for hoteliers. The company
provides world-class 24/7/365 multi-lingual support across the globe.

The company’s head offices are in Calgary, Alberta, with major facilities in Salt Lake City, Utah
and Warsaw, Poland, as well as offices located throughout North America, Europe, the Middle
East, and Asia Pacific. For more information about GuestTek, visit www.GuestTek.com.

About BMO Financial Group
Serving customers for 200 years and counting, BMO is a highly diversified financial
services provider – the 8th largest bank, by assets, in North America. With total assets of $1.07
trillion as of July 31, 2022, and a team of diverse and highly engaged employees, BMO provides
a broad range of personal and commercial banking, wealth management and investment banking
products and services to more than 12 million customers and conducts business through three
operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO
Capital Markets.


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