Absolute Resolutions Corp. Announces Organizational Changes

BLOOMINGTON, Minn– Absolute Resolutions Corp. (“ARC”),
headquartered in Bloomington, MN, announced today that its current CEO,
Christopher Winkler, will depart the company after 14 years to pursue
international debt buying opportunities. The organization is also announcing several
key executive changes at the company.

Mr. Winkler co-founded RAzOR Capital with Robert Johnson in
2008. RAzOR Capital began purchasing NPLs in 2008 with a focus on the U.S.,
then expanded into Canada and Europe. In 2016 RAzOR Capital merged with ARC.
Since then, Mr. Winkler has served as the organization’s CEO overseeing all
aspects of the company’s management from its headquarters in Bloomington, MN. As
Mr. Winkler departs ARC, he will focus on international NPL acquisitions, an
area of investment that he has been passionate about throughout his career.

“I am an entrepreneur at heart. I find inspiration seeking
out novel investment opportunities and turning them into successful business
ventures. I am proud of what I have guided the organization to become during my
years at the helm as CEO, and now I am looking forward to my next challenge
finding opportunities in the international marketplace,” said Winkler. “I wish
nothing but the best for the team at ARC”.

ARC is also announcing several other organizational changes.
Robert Johnson is being promoted to Chief Executive Officer. Mr. Johnson has
been with the organization since 2008, most recently as Chief Financial
Officer. In his new role he will be responsible for executing on long term
growth strategy, driving profitability, and managing the organization’s overall
goals and vision. Chad Lemke has been named Chief Operating Officer. Mr. Lemke
joined the organization in 2020 with over 25 years of industry leadership
experience. In his role as COO, Mr. Lemke will be responsible for crafting the
overall operational strategies promoting the culture and vision of the
organization. Emmanuel DeMoncuit is being promoted to Chief Financial Officer.
Mr. DeMoncuit has been with ARC since 2016, most recently serving as EVP of
Finance & Accounting. In his new role he will be responsible for all
aspects of the company’s financial affairs. Laura Jensen is being promoted to
Chief Marketing Officer. Ms. Jensen has been with the organization since 2012,
most recently serving as its Chief Acquisitions Officer. In her new role Ms.
Jensen will be responsible for the company’s acquisition and marketing strategies.

“My business partnership and friendship with Chris has been
profoundly important to me both personally and professionally for well over 25
years. We have built an amazing company together and I wish him success and
happiness in his next venture.” said Robert Johnson, ARC’s incoming CEO. “I am
looking forward to the next chapter for ARC. The company has an exceptionally
talented executive management team for whom I have an incredible amount of
respect. With my team we are poised to capitalize on all that we have
accomplished in the past few years and take ARC to the next level”, finished

About Absolute Resolutions Corp.

Absolute Resolutions Corp. is a certified professional
receivables company headquartered in Bloomington, MN with offices in San Diego,
CA and Scottsdale, AZ.