Colabor Group Inc. Announces Completion of CCAA Transactions

• Colabor Group Inc. announced the completion of CCAA transactions on April 27, 2026.
• Substantially all assets were sold to Colabor 2026 L.P., an affiliate of Financière Outremont inc.
• The transaction concludes a court-supervised restructuring process initiated January 8, 2026.
• Shareholders will not receive any distribution from the proceeds of these transactions; distributions go only to affected creditors via the Monitor.
• Other completed transactions include the sale of Tout-Prêt Inc. shares to an employee-backed corporation and assets of Le Groupe Resto-Achats Inc. to a Quebec-based investor consortium.
• Management states the outcome preserves continuity of operations in Quebec but confirms equity holders receive no value from asset proceeds.

• The news confirms the finalization of the CCAA restructuring process initiated in January 2026.
• Explicit confirmation that shareholders receive zero distribution from asset sale proceeds validates the worst-case scenario for existing equity holders.
• This outcome was heavily implied by the December 2025 update warning of material impairment and the January 2026 CCAA filing which prioritized creditor protection over shareholder value.
• The market has already priced in this trajectory, evidenced by the stock price decline from $4.11 (July 2025) to ~$0.53 (April 2026), representing an approximate 87% loss in value prior to this announcement.
• As the process is complete and expectations were established months ago, the news is considered routine confirmation of a known negative outcome rather than a new material shock.

• Colabor Group Inc. operates in food distribution, fisheries (Norref Fisheries Quebec Inc.), and logistics (Transport Paul-Émile Dubé Ltée).
• Flagship Project: The CCAA restructuring and subsequent sale of assets to Financière Outremont inc. group.
• Objective was to preserve operations and jobs in Quebec's agri-food ecosystem while addressing insolvency.
• Operations continue under new ownership, but the original corporate entity remains as a shell or restructured vehicle with no claim on asset value for shareholders.