A2Z Announces Grant of Equity Incentive to Officers

TEL AVIV, ISRAEL / ACCESSWIRE / June 29, 2023 / A2Z Smart Technologies Corp. ("A2Z") ("Company"), (NASDAQ:AZ)(TSXV:AZ) A2Z announces the grant of incentive stock options to acquire a total of 245,000 common shares of the Company ("Options") at an exercise price of CAN$2.48 (US$1.86) per share, with such Options to vest over three years. The options expire five years from the date of grant. Additionally, the Company granted 165,000 Restricted Share Units ("RSUs") which vest immediately. The Options and RSUs were granted to officers of the Company.

About A2Z Cust2Mate

A2Z Smart Technologies Corp. creates innovative solutions for complex challenges. A2Z's flagship product, Cust2Mate, is an advanced proven-in-use mobile self-checkout shopping cart. With its user-friendly smart algorithm, touch screen, and computer-vision system, Cust2Mate streamlines the retail shopping experience by scanning purchased products and enabling in-cart payment so that customers can simply "pick & go", and bypass long cashier checkout lines. This results in a more efficient shopping experience for customers, less unused shelf-space and manpower requirements, and advanced command and control capabilities for store managers.

Investors interested in A2Z Smart Technologies Corp. and their innovative solutions can visit www.a2zas.com for more information.

For more information on Cust2Mate solution and its benefits, please visit www.cust2mate.com

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Investor Relations

John Gildea, SVP of Communications, Investor Relations
john@a2zas.com

Cautionary Statement Regarding Forward-Looking Statements

The TSX Venture Exchange Inc. has in no way passed upon the merits of the Company and has neither approved nor disapproved the contents of this press release. Neither TSX Venture Exchange nor its Regulation 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. This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors - including the availability of funds, the results of financing efforts and the risks relating to our business -- that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on SEDAR (see www.sedar.com) and with the Securities and Exchange Commission (see www.sec.gov.). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States or elsewhere.

SOURCE: A2Z Smart Technologies Corp.