Hire Technologies : Interim MD&A - September 30, 2021

TSX-V: HIRE

Management's

Discussion &

Analysis

For the Three and Nine Months Ended September 30, 2021

MD&A / 2021 Q3

Table of

Contents

Introduction	1
Company Overview	2
Acquisitions & Investments	2
Description of Business	3
General	3
Our Portfolio Companies	3
Acquisition Strategy	4
Acquisition Consideration & Integration	5
Recruitment & Staffing Operations	5
SaaS Products	6
Overall Performance and Non-IFRS
Financial Measures	7
Selected Quarterly Information	11
Income Statement Data	11
Balance Sheet Data	11
Discussion of Operations	12
Revenue	12
Cost of Services	13
Gross Margin	13
Operating Expenses	13
Realized and Unrealized Gains & Losses	14

Summary of Quarterly Results	15
Liquidity & Capital Resources	16
Off-Balance Sheet Arrangements	17
Related PartyTransactions	17
Changes in Accounting Policies	18
Critical Accounting Estimates	18
Risks Arising from Financial Instruments	19
Interest Rate Risk	19
Credit Risk	19
Liquidity Risk	20
Market Risk	20
Disclosure of Outstanding Share Data	20
Risks & Uncertainties	21
Cautionary Note Regarding
Forward-Looking Statements	28

MD&A / 2021 Q3

Introduction

The Management's Discussion and Analysis ("MD&A") provides a review of the financial condition and results of operations of HIRETechnologies Inc. (the "Company" or "HIRETechnologies") for the three and nine months ended September 30, 2021, and should be read in conjunction with the Company's annual audited consolidated financial statements for the years ended December 31, 2020, and December 31, 2019 and unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2021.The Company's financial statements and financial information contained in this MD&A, unless otherwise noted, are prepared

in accordance with International Financial Reporting Standards ("IFRS") as issued by the International Accounting Standards Board ("IASB") and interpretations of the IFRS Interpretations Committee. This MD&A has an effective date of November 23, 2021 (the "MD&A Date"). All dollar amounts in this MD&A are reported in Canadian dollars unless otherwise stated.

The unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2021 have been prepared on a going concern basis under the historical cost convention, except for certain financial instruments, which are recorded at fair value. The going concern basis assumes that the Company will continue its operations for the foreseeable future and will be able to realize its assets and discharge its liabilities in the normal course of operations.

The Company's ability to continue as a going concern is dependent upon the achievement of a profitable

level of operations and may require the Company to raise additional funds. Although the Company has previously been successful in obtaining financing, there is no assurance that it will be able to obtain adequate financing in the future or that such financing will be on terms acceptable to the Company. Furthermore, the outbreak of the novel strain of coronavirus specifically identified as COVID-19 was declared a pandemic by the World Health Organization and is ongoing. This situation continues to be dynamic and the ultimate duration and magnitude of the impact on the economy and on the Company's ability to achieve revenue growth organically, or through

the completion of acquisitions as has been done previously, is unknown. These conditions result in material uncertainties that may cast significant doubt about the Company's ability to continue as a going concern. The Company's unaudited condensed consolidated interim financial statements do not give effect to adjustments that would be necessary to the carrying values and classification of assets and liabilities should the Company be unable to continue as a going concern. Such adjustments would be material.

This Interim MD&A contains forward-looking statements. See "Cautionary Note Regarding Forward‑Looking Statements" for further information.

Further information relating to the Company, including the Company's Annual Information Form dated June 8, 2021, is available on SEDAR at www.sedar.com.

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MD&A / 2021 Q3

Company

Overview

HIRE Technologies was incorporated on January 10, 2018 under the Business Corporations Act (British Columbia) as "Danacore Industries Inc." On December 19, 2019, the Company completed its "Qualifying Transaction", within the meaning of TSX Venture Exchange ("TSXV") Policy

2.4 and, in connection therewith changed its name to "Bay Talent Group Inc." On April 21, 2020 the Company changed its name to "HIRE Technologies Inc." The Company is a reporting issuer in the provinces of British Columbia, Alberta and Ontario. The Company's head office is located at Suite 400, 55 Adelaide Street East, Toronto, Ontario, Canada, M5C 1K6 and its registered office is located at 10th Floor, 595 Howe Street, Vancouver, British Columbia, Canada, V6C 2T5.

HIRE Technologies, through its direct and indirect wholly owned subsidiaries including PTC Accounting and Finance Inc. ("PTC"), ProVision IT Resources Ltd. ("ProVision"), The Headhunters Recruitment Inc. ("The Headhunters"), 2449983 Ontario Inc. ("The Kavin Group"), Taylor Ryan Inc. ("Taylor Ryan"), Leaders & Co. Consulting in Governance and Leadership Inc. ("Leaders") and BTG Holdco Inc. ("BTG Holdco" and together with PTC, ProVision, The Headhunters,

the Kavin Group, Taylor Ryan, and Leaders, the "Subsidiaries") provides human resources services, which are comprised of recurring contract staffing services, on-occurrence permanent placement services, and a software-as-a-service ("SaaS") performance management tool.

Leaders and Co., part of

was acquired

in a transaction valued at

$7,142,632

August 27, 2021

Acquisitions & Investments

Leaders is a retained executive search firm with national and global capabilities through an alliance with other independent offices in Canada and abroad through its affiliation with the Penryhn International network of search firms in 40 cities worldwide. Leaders has staff in Montréal, Ottawa, Winnipeg, Calgary, and Vancouver. The firm has bilingual capabilities and a specialized diversity & indigenous practice. HIRE Technologies acquired Leaders for $7,142,632 consisting of $4,423,569 in cash, $1,100,000 in shares of HIRE Technologies, $367,054 in contingent consideration payable and $1,057,062 in deferred consideration payable, and $194,947 provisionally paid in cash as a working capital adjustment.

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