Mr. Gregg Ruhl reports

ALGOMA CENTRAL CORPORATION TO HOLD 2025 ANNUAL GENERAL MEETING OF SHAREHOLDERS ON MAY 2, 2025

Algoma Central Corp.'s 2025 annual general meeting of shareholders will be held in person on Friday, May 2, 2025, at Vantage Venues, 27th floor, 150 King St. West, Toronto, Ont., M5H 1J9, at 11:30 a.m. ET.

The company's management information circular and notice of meeting, as well as its 2024 annual report, are available to shareholders in the investor relations section of Algoma's website. Meeting materials distributed to shareholders include their control number and instructions on how to vote their shares prior to the meeting or in person during the day of the meeting. Whether or not you are able to attend the meeting in person, registered shareholders and non-registered shareholders are encouraged to vote in advance of the meeting.

Financial results for the three months ended March 31, 2025, will also be released on May 2, 2025, and will be reviewed during the meeting. The company's first-quarter earnings release, as well as full financial results, will be available on the company's website and on SEDAR+.

About Algoma Central Corp.

Algoma Central is a global provider of marine transportation, owning and operating dry and liquid bulk carriers that serve critical industries throughout the Great Lakes-St. Lawrence region and internationally. Focused on delivering exceptional customer service, utilizing fuel-efficient vessels and advancing innovative technologies, Algoma drives productivity while contributing to economic growth, strengthening communities and supporting its people.