Mr. Pierre Turcotte reports

PIERRE TURCOTTE FILES AN EARLY WARNING REPORT

Pierre Turcotte, chair of the board of Alithya Group Inc., filed today an early warning report with respect to his holding of Class B multiple voting shares of Alithya, as required by applicable securities laws.

On July 11, 2025, Mr. Turcotte acquired 50,000 Class B shares from Ghyslain Rivard, also a director of Alithya, for an aggregate purchase price of $120,366.50. The purchase was made in the context of a sale, for estate planning purposes, of an aggregate of 100,000 Class B shares from Mr. Rivard to Mr. Turcotte and Paul Raymond, president and chief executive officer of Alithya, in equal parts. The price per Class B share was $2.40733, being the volume-weighted average trading price of the Class A subordinate voting shares of Alithya on the Toronto Stock Exchange for the 20 trading days immediately preceding the acquisition.

Before the acquisition, a total of 7,326,880 Class B shares and 92,653,272 Class A shares were issued and outstanding. Mr. Turcotte personally held 315,884 Class B shares (representing 4.31 per cent of the issued and outstanding Class B shares), and 9387-1010 Quebec Inc., a company controlled by Mr. Turcotte, owned 1,468,858 Class B shares (representing 20.05 per cent of the issued and outstanding Class B shares). This represented, in aggregate, 1,784,742 Class B shares beneficially owned and controlled by Mr. Turcotte (representing 24.36 per cent of the issued and outstanding Class B shares).

Pursuant to the acquisition, Mr. Turcotte acquired 50,000 Class B shares, representing 0.68 per cent of the issued and outstanding Class B shares, resulting in a total Class B ownership of 1,834,742 Class B shares (representing 25.04 per cent of the issued and outstanding Class B shares).

In addition, Mr. Turcotte personally holds 269,300 Class A shares and 299,400 deferred share units which settle in Class A shares (all of which are vested, but none of which can be settled within 60 days), and Triaxions Technology Inc., a company controlled by Mr. Turcotte, owns 51,400 Class A shares.

Mr. Turcotte is exempt from the takeover bid requirements set out in National Instrument 62-104 (Take-Over Bids and Issuer Bids), pursuant to the private agreement exemption under Section 4.2 of NI 62-104. Mr. Turcotte is entitled to rely on this exemption as the acquisition was made from a single seller and the consideration paid for the acquired Class B shares was not greater than 115 per cent of the value of the Class B shares.

For further information or to obtain a copy of the early warning report filed by Mr. Turcotte (which is available under Alithya's SEDAR+ profile), please contact: Christine Garon, director, legal affairs, and assistant corporate secretary, Alithya, at christine.garon@alithya.com.