Dye & Durham begins action against Plantro, Proud

Ms. Carmela Antolino reports DYE & DURHAM COMMENCING ACTION AGAINST PLANTRO LTD. AND MATTHEW PROUD TO ENFORCE THE TERMS OF THE COOPERATION AGREEMENT TO PROTECT INTEGRITY OF STRATEGIC REVIEW PROCESS Following an assertion by Plantro Ltd. and Matthew Proud that the co-operation agreement entered into between them and Dye & Durham Ltd. on July 29, 2025, has been repudiated, Dye & Durham is commencing an action in the Ontario Superior Court of Justice (Commercial List) to enforce the terms of the co-operation agreement in furtherance of the company's diligent pursuit of its strategic review process. The company will be seeking, among other things, a declaration that the co-operation agreement remains fully valid and in force and injunctive relief prohibiting Plantro and Mr. Proud from breaching its terms. In the co-operation agreement, Plantro and Mr. Proud agreed to certain standstill restrictions linked to the pendency of the strategic review process. As disclosed by the company on Oct. 8, 2025, the strategic committee established in accordance with the terms of the co-operation agreement has been actively evaluating strategic alternatives available to the company with its advisers. The strategic committee has until Dec. 29, 2025, to commence a process seeking initial written proposals. The strategic committee is actively engaged in both the analysis and evaluation of the Plantro proposal disclosed in the company's Oct. 8, 2025, press release as well as the preparatory work necessary to commence a robust sales process, all in accordance with that timing. The strategic committee has also engaged CIBC Capital Markets as its financial adviser and Osler Hoskin & Harcourt LLP as its legal adviser. About Dye & Durham Ltd. Dye & Durham provides premier practice management solutions empowering legal professionals every day, delivers vital data insights to support critical corporate transactions, and enables the essential payments infrastructure trusted by government and financial institutions. The company has operations in Canada, the United Kingdom, Ireland, Australia and South Africa. We seek Safe Harbor.