Mr. Donald Lang reports

CCL INDUSTRIES ANNOUNCES APPOINTMENT OF NEW DIRECTOR

CCL Industries Inc. has appointed Claude Tessier to the board of directors.

Mr. Tessier, CPA, has had a distinguished 35-year career as a senior executive with extensive financial and operations experience in the food and convenience store industries. Mr. Tessier served as chief financial officer of Alimentation Couche-Tard Inc., a multinational operator of convenience stores, mainly operating under the Couche-Tard, Circle K and Ingo brands, from January, 2016, until his retirement in July, 2023. Prior to joining Alimentation Couche-Tard, Mr. Tessier was president of the IGA operations business unit at Sobeys Inc. from 2012 to 2016, and prior to that was Senior vice-president, finance and strategic planning, of Sobeys Quebec from 2003 to 2012. Mr. Tessier also served on the executive committee of Sobeys. Prior to his roles at Sobeys, Mr. Tessier gained more than 15 years of experience in senior financial leadership positions with Provigo Inc., a Loblaw company, and Costco Wholesale Canada Ltd. Mr. Tessier has also held prior management positions with Mallette International and PricewaterhouseCoopers.

Mr. Tessier currently serves on the board of the TMX Group Ltd., is a member of the derivatives committee and the self-regulatory oversight committee, and is chairman of the finance and audit committee. He also serves on the board of Hydro Quebec and is a member of the audit committee. Mr. Tessier is past chairman of Circle K AS, the European division of Alimentation Couche-Tard operating Statoil Fuel & Retail ASA, the retail gasoline filling stations. He also served on the board of La Maison de la Serenite de Laval, a centre providing free-of-charge quality palliative care, and participated, on a yearly basis, in its fundraising campaign.

Mr. Tessier received a bachelor of accounting degree from the Universite du Quebec a Montreal in 1986 and has been a member of the Canadian Institute of Chartered Accountants since 1987. He brings to the CCL board deep financial expertise, as well as extensive experience in capital markets and financings, global mergers and acquisitions, strategic planning, operations and risk management, and governance of publicly traded companies.

Donald G. Lang, executive chairman, stated, "We are extremely pleased to welcome Mr. Claude Tessier to our board and look forward to the value his financial expertise and business experience will bring to the board and CCL's business."

We seek Safe Harbor.