Lassonde Industries Inc. Announces Normal Course Issuer Bid

ROUGEMONT, Quebec, Aug. 13, 2026 (GLOBE NEWSWIRE) — Lassonde Industries Inc. (TSX: LAS.A) (“Lassonde” or the “Corporation”) announces that it has received approval from the Toronto Stock Exchange (“TSX”) to purchase for cancellation, if considered advisable, a certain number of Class A Subordinate Voting Shares of its capital (the “Subordinate Voting Shares”) by means of open market transactions through the facilities of the TSX or alternative trading systems in Canada, in accordance with the requirements on normal course issuer bids of the TSX (“NCIB”). Purchases made on the open market through the facilities of the TSX and alternative trading systems in Canada will be at the prevailing market price at the time of acquisition (plus brokerage fees).

Under the NCIB, Lassonde may repurchase for cancellation up to 200,000 Subordinate Voting Shares of its capital (representing approximately 7.62% of the public float of the Subordinate Voting Shares as at August 6, 2026) during the period beginning on August 19, 2026 and ending on or before August 18, 2027. As at August 6, 2026, the Corporation had 3,069,000 Subordinate Voting Shares issued and outstanding, and a public float of 2,623,842 Subordinate Voting Shares. In connection with the NCIB, Lassonde has entered into an automatic share purchase plan (“Plan”) with its designated broker. The Plan enables the repurchase of Subordinate Voting Shares on the open market throughout the term of the NCIB, including during any self-imposed blackout periods or when the Corporation would otherwise not be active in the market due to insider trading rules or other restrictions. The Plan has been pre-cleared by the TSX and will be implemented as of August 19, 2026 and will terminate on the earliest of the date on which: (i) the repurchase limit on the NCIB has been reached; (ii) the NCIB expires; (iii) the Corporation terminates the Plan in accordance with its terms; and (iv) the designated broker terminates the Plan in accordance with its terms. It constitutes an “automatic securities purchase plan” under applicable Canadian securities laws.

The average daily trading volume of Lassonde’s Subordinate Voting Shares over the last six completed calendar months was 1,734 shares (“ADTV”). Accordingly, pursuant to the TSX rules and policies, Lassonde is entitled on any trading day to purchase up to 1,000 Subordinate Voting Shares. In addition to this daily repurchase limit of 1,000 shares, Lassonde may also, once a week, purchase a block of shares not owned by an insider (i) having a purchase price of $200,000 or more, or (ii) of at least 5,000 shares having a purchase price of at least $50,000, or (iii) of at least 20 board lots of shares which total 150% or more of the ADTV, the whole in accordance with the TSX rules.

Lassonde believes that the acquisition of its shares is an effective use of its funds and is in the best interest of the Corporation and its shareholders.