Mr. Timothy O'Day reports

BOYD GROUP SERVICES INC. COMMENTS ON POTENTIAL IMPACT OF UAW STRIKE

Boyd Group Services Inc. today commented on the potential impact of the United Auto Workers labour strike.

"To date, the strike has not impacted our ability to source parts required to complete collision repairs; however, should the strike continue for an extended period of time, it is possible that parts supply from General Motors, Stellantis and Ford could be disrupted in a way that could have a material impact on our future results," commented Tim O'Day, president and chief executive officer of the company.

"Leading up to this, many of our supplier partners increased their inventory levels to mitigate disruptions to supply. In the event of an extended strike, based on information available to date, a number of actions could be taken to reduce the impact of the supply chain disruption so that some repairs for the impacted vehicles could continue; however, many repairs could be suspended until parts become available," added Mr. O'Day. "We expect to provide our next update when we release our third quarter results in November."

About Boyd Group Services Inc.

Boyd Group Services is a Canadian corporation and controls The Boyd Group Inc. and its subsidiaries. BGSI shares trade on the Toronto Stock Exchange (TSX) under the symbol BYD.

About The Boyd Group Inc.

The Boyd Group is one of the largest operators of non-franchised collision repair centres in North America in terms of number of locations and sales. The company operates locations in Canada under the trade names Boyd Autobody & Glass and Assured Automotive as well as in the United States under the trade name Gerber Collision & Glass. In addition, the company is a major retail auto glass operator in the United States with operations under the trade names Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority and Autoglassonly. The company also operates a third party administrator, Gerber National Claims Services (GNCS), that offers glass, emergency roadside and first notice of loss services.

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