Mr. Paul Antony reports

AUTOCANADA ANNOUNCES AWARD OF PORSCHE CLASSIC & SERVICE CENTRE WINDSOR

AutoCanada Inc. has received approval to open a Porsche Classic & Service Centre in Windsor, Ont.

Porsche Classic & Service Centre Windsor will offer Classic Porsche vehicle sales, service and parts. In principle, Porsche Classic takes over the care of Porsche vehicles 10 years after their end of production. The centre will be the first Porsche Classic centre in Canada and there are currently only four Porsche Classic partners within Porsche centres in Canada. The centre will also be a genuine Porsche service and parts centre.

Porsche Classic & Service Centre Windsor will complement Porsche Centre London, AutoCanada's existing Porsche dealership in London, Ont. Porsche Classic & Service Centre Windsor is expected to be completed in the fourth quarter of 2025.

"We would like to thank Porsche Cars Canada for its continued confidence in AutoCanada through the awarding of this opportunity," said Paul Antony, executive chairman of the company. "We are excited to be able to open the first stand-alone Porsche Classic centre in Canada and to better serve Porsche customers in Southwestern Ontario by increasing service capacity and reducing drive times."

About Porsche Classic

Porsche Classic aims to preserve and maintain legendary vehicles and the latest classics. Decades of experience with classic Porsche vehicles make the experts the right contacts when it comes to original parts, restoration and repair.

In principle, Porsche Classic takes over the care of vehicles 10 years after their end of production. The experts are therefore currently looking after the 356, 911 (up to and including the 996 generation), 912, 959, 914, 924, 944, 928, 968, Boxster (Type 986) and Carrera GT (Type 980) models and the first-generation Cayenne models (Type 9PA). From 2023 onward, the 911 (Type 997), Boxster and Cayman (Type 987) models are also supported by Porsche Classic.

The genuine parts and accessories business unit has a key role to play in the maintenance of the many classic Porsche models. With the production and provision of more than 80,000 Porsche Classic genuine parts, Porsche ensures that its classics will be on the road for a long time to come. Since 2023, there have been new issues of more than 2,000 original parts, and the range is growing steadily. The performance parts range and other lifestyle and accessory products with a historical reference have been added, which serve to enhance performance or increase the comfort, design and also the everyday suitability of the classic vehicles. Technical literature is also available. The full scope of Porsche Classic is completed by the factory restoration and the fulfilment of individual customer dreams within the scope of the newly launched Sonderwunsch program.

About AutoCanada Inc.

AutoCanada is a leading North American multilocation automobile dealership group currently operating 83 franchised dealerships, comprising 28 brands, in eight provinces in Canada as well as a group in Illinois, United States. AutoCanada currently sells Chrysler, Dodge, Jeep, Ram, Fiat, Alfa Romeo, Chevrolet, GMC, Buick, Cadillac, Ford, Infiniti, Nissan, Hyundai, Subaru, Audi, Volkswagen, Kia, Mazda, Mercedes-Benz, BMW, Mini, Volvo, Toyota, Lincoln, Acura, Honda and Porsche branded vehicles. In addition, AutoCanada's Canadian operations segment currently operates three used vehicle dealerships and one used vehicle auction business supporting the used digital retail division; 12 RightRide division locations; and 11 stand-alone collision centres within its group of 27 collision centres. In 2022, AutoCanada's dealerships sold approximately 100,000 vehicles and processed over 900,000 service and collision repair orders in the company's 1,367 service bays, generating revenue in excess of $6-billion.

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