The Toronto Stock Exchange reports that the terms of Ag Growth International Inc.'s 5.25 per cent senior subordinated unsecured debentures (symbol AFN.DB.H) have been amended as follows:

• The maturity date of the debentures has been extended from Dec. 31, 2026, to Dec. 31, 2030.
• The interest rate on the debentures will increase from 5.25 per cent per annum to 9.0 per cent per annum, effective from and including Dec. 31, 2026.
• The company's right to redeem the debentures has been amended, such that:
  • On or after Dec. 31, 2026, and before Dec. 31, 2028, the company may not redeem the debentures at its option.
  • On or after Dec. 31, 2028, and before Dec. 31, 2029, the company may redeem the debentures at its option at a price equal to 104.5 per cent of the principal amount plus accrued and unpaid interest;
  • On or after Dec. 31, 2029, and before Dec. 31, 2030, the company may redeem the debentures at its option at a price equal to the principal amount plus accrued and unpaid interest.
• The company's right to redeem the debentures has been amended, such that upon a change of control on or after Dec. 31, 2026, and before Dec. 31, 2028, the company may redeem the debentures, at its option, at a cash redemption price equal to 104.5 per cent of the principal amount of the debentures, plus an aggregate amount equal to the interest that: (i) has accrued and is unpaid to such date of redemption; and (ii) would have accrued and been payable up to and including Dec. 31, 2028, had the debentures not been redeemed.

All the other terms of the debentures remain unchanged. Refer to the TSX bulletin dated March 3, 2020, for a summary of the terms of the debentures.

The TSX notes that the amendment to the interest rate and the redesignation of the debentures will become effective at the opening on Dec. 31, 2026. As a result, the debentures will be posted for trading at the open on Dec. 31, 2026, under the new name, 9.0 per cent senior subordinated unsecured debentures due 2030. The TSX will issue a further bulletin announcing details of the redesignation. There will be no change to the Cusip number or the trading symbol. All of the other amendments, described above, are effective immediately.

For more information, see the fourth supplemental indenture dated Oct. 30, 2026, between the company and Computershare Trust Company of Canada as the debenture trustee.