Stack Capital Group Inc. Announces Normal Course Issuer Bid

Executive Summary

• Stack Capital Group Inc. received TSX acceptance of its notice to commence a new NCIB, allowing the purchase and cancellation of up to 1,095,780 common shares (≈10% of public float) between Dec 3 2025 and Dec 2 2026.
• The company will use an Automatic Share Purchase Plan (ASPP) to facilitate purchases during blackout periods; all acquired shares will be cancelled.
• Prior NCIB (Nov 18 2024 – Nov 17 2025) resulted in the purchase of 142,653 shares at a weighted‑average price of $11.4394 per share.

Key Details

• NCIB Scope: Up to 1,095,780 common shares (10% of public float as of Nov 24 2025).
• Timeframe: 12‑month period commencing Dec 3 2025, ending no later than Dec 2 2026.
• Purchase Price: Market price at the time of each acquisition; purchases may be made via open‑market transactions.
• Daily Purchase Limits: Maximum of 4,555 shares per day (excluding block purchases).
• Average Daily Trading Volume (May 1 – Oct 31 2025): 18,222 shares.
• Public Float (Nov 24 2025): 10,957,798 common shares; total outstanding shares: 13,184,816.
• ASPP: Automatic Share Purchase Plan pre‑cleared by TSX, effective Dec 3 2025, to allow purchases during regulatory blackout periods at broker’s discretion within set parameters.
• Previous NCIB (Nov 18 2024 – Nov 17 2025): Authorized up to 531,000 shares; actually purchased 142,653 shares at a weighted‑average price of $11.4394 per share; program expired Nov 17 2025.
• Use of Proceeds: Not applicable – funds will be used to repurchase and cancel common shares, reducing public float.

Notable Quotes

(No direct quotes were provided in the release.)