Numerex Acquisition

Background

Sierra Wireless, Inc. (“Sierra Wireless”) completed the acquisition of Numerex Corp. (“Numerex”) on December 7, 2017. Details regarding the acquisition are included in Sierra Wireless’ press release, which is available here.

Issuance of Sierra Wireless Shares in Exchange for Numerex Shares

If you are a former Numerex stockholder and have questions about the process for receiving Sierra Wireless shares, please contact your broker. If they are unable to assist you, you may contact the exchange agent for the acquisition, Computershare Investor Services, Inc., at 1-800-564-6253, or by email at corporateactions@computershare.com.

U.S. Internal Revenue Code Section 6045B Reporting

Effective January 1, 2011, issuers of corporate stock must begin reporting corporate actions that affect the stock basis, including but not limited to mergers, stock splits, stock dividends, recapitalizations and distributions in excess of cumulative earnings and profits. The following information is intended to meet the requirements of public disclosure pursuant to Treasury Regulation Section 1.6045B-1(a)(3) and (b)(4) for Sierra Wireless, which requires that the information be posted on Sierra Wireless’s website for a period of 10 years.


Sierra Wireless Merger With Numerex Corp – 7 December 2017.

Please download Form 8937, Report of Organizational Actions Affecting Basis of Securities, and related attachment for details about Sierra Wireless, Inc.’s merger with Numerex Corp. The effect of this merger is that Class A common shares of Numerex Corp. are no longer publicly traded.