Mr. Sam Cochrane reports

AUTOCANADA EXPANDS COLLISION PLATFORM WITH ACQUISITION OF CONTEMPORARY COACHWORKS IN CALGARY

AutoCanada Inc. has completed its acquisition of Contemporary Coachworks, a two-location collision repair business based in Calgary, Alta.

Transaction highlights

• Establishes AutoCanada's first luxury collision repair platform in Calgary, adding two strategically located facilities and approximately 30,000 square feet of collision repair capacity;
• Brings certifications across 15 OEM (original equipment manufacturer) brands, including Tesla, BMW, Mercedes-Benz, Lexus, Volvo and Acura, further strengthening AutoCanada's OEM-certified repair capabilities;
• Creates opportunities for value creation through operational best practices, enhanced OEM and insurance partner relationships, increased repair capacity, and improved retention of collision repair volume within AutoCanada's Calgary network.

Contemporary Coachworks is a leading Calgary-based collision repair business with more than 40 years of operating history and a strong reputation for OEM-certified luxury vehicle repairs. The acquisition advances AutoCanada's strategy to expand and strengthen its collision platform while establishing the company's first luxury collision repair presence in Calgary and enhancing its position in one of Canada's largest automotive markets.

"Contemporary Coachworks is an excellent addition to our growing collision platform," said Samuel Cochrane, chief executive officer and interim chief financial officer of AutoCanada. "The business has built a strong reputation for quality repairs, customer service and OEM-certified expertise. This acquisition expands our presence in Calgary, strengthens our luxury collision capabilities and creates opportunities to enhance our collision operations through shared best practices and our OEM and insurance relationships."

Contemporary Coachworks holds certifications across 15 OEM brands, including Tesla, BMW, Mercedes-Benz, Lexus, Volvo, Acura and Volkswagen. The business operates two facilities serving north and south Calgary and adds approximately 30,000 square feet of collision repair capacity to AutoCanada's network.

The acquisition also enhances AutoCanada's ability to retain collision repair volume within its network during periods of elevated demand, including severe weather and catastrophe-related hail events, while increasing repair capacity in the Calgary market.

About AutoCanada Inc.

AutoCanada's dealership operations segment operates 64 franchised dealerships in Canada, comprising 23 automotive brands across eight provinces as well as three independent used dealerships. AutoCanada currently sells Acura, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Ford, GMC, Honda, Hyundai, Infiniti, Jeep, Kia, Mazda, Mercedes-Benz, MINI, Nissan, Porsche, Ram, Subaru and Volkswagen vehicles. In 2025, the company's Canadian dealerships sold approximately 71,000 new and used retail vehicles. AutoCanada's United States franchise dealerships, operating as Leader Automotive Group, operate 10 franchised dealerships comprising seven brands, in Illinois, United States. In 2025, the company's U.S. dealerships sold approximately 8,000 new and used retail vehicles. Leader is classified as discontinued operations as the company progresses the sale of its U.S. dealership portfolio.

AutoCanada's collision centre operations segment operates 35 collision centres, supported by 26 original equipment manufacturer (OEM) certifications covering 37 vehicle brands. The company's collision centre operations enables customer retention across multiple touch points within the automotive ownership life cycle.

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