Ms. Stephanie Lo reports

CLAIRVEST ANNOUNCES NEW NORMAL COURSE ISSUER BID

The Toronto Stock Exchange has accepted a notice filed by Clairvest Group Inc. of its intention to make a new normal course issuer bid (NCIB). Clairvest's current NCIB expires on March 9, 2026. The notice provides that the corporation may, during the 12-month period commencing March 10, 2026, and ending March 9, 2027, purchase on the Toronto Stock Exchange, or other alternative Canadian trading systems, up to 693,107 common shares in total, being approximately 5 per cent of the outstanding common shares. The average daily trading volume for the six months ending Feb. 27, 2026, was 452 common shares. Daily purchases will be limited to 1,000 common shares, other than block purchase exceptions. Any shares purchased will be cancelled. The price which the corporation will pay for any such shares will be the market price at the time of acquisition. The actual number of common shares which may be purchased and the timing of any such purchases will be determined by the corporation. In total 3,903,432 common shares at a cost of approximately $63-million have been purchased under previous normal course issuer bids. The corporation purchased 97,900 common shares on the Toronto Stock Exchange, out of an approved maximum repurchase amount of 718,192 under its current bid within the last 12 months at a weighted average price of $71.50 per share. There were 13,862,142 common shares of the corporation outstanding on Feb. 27, 2026.

The corporation believes, depending upon future price movements and other factors, that its outstanding common shares may represent an attractive investment and a desirable use of a portion of its available funds.

Clairvest also announced today that, in connection with its NCIB, Clairvest has renewed its automatic share purchase plan (the ASPP) with a designated broker to allow for the purchase of its common shares under the NCIB, once effective, at times when Clairvest normally would not be active in the market due to applicable regulatory restrictions or internal trading blackout periods. Before the commencement of any internal trading blackout period, Clairvest may, but is not required to, instruct its designated broker to make purchases of Clairvest's common shares under the NCIB during the ensuing blackout period in accordance with the terms of the ASPP. Such purchases will be determined by the broker in its sole discretion based on parameters established by Clairvest prior to commencement of the applicable blackout period in accordance with the terms of the ASPP and applicable TSX rules. Outside of these blackout periods, common shares will be purchasable by Clairvest at its discretion under its NCIB, once effective.

The ASPP will commence on the effective date of the NCIB and will terminate on the earliest of the date on which: (a) the maximum annual purchase limit under the NCIB has been reached; (b) the NCIB expires; or (c) Clairvest terminates the ASPP in accordance with its terms. The ASPP constitutes an automatic securities purchase plan under applicable Canadian securities laws.

About Clairvest Group Inc.

Clairvest's mission is to partner with entrepreneurs to help them build strategically significant businesses. Founded in 1987 by a group of successful Canadian entrepreneurs, Clairvest is a top-performing private equity management firm with over $4.5-billion of capital under management. Clairvest invests its own capital and that of third parties through the Clairvest Equity Partners limited partnerships in owner-led businesses. Under the current management team, Clairvest has initiated investments in different platform companies and generated top-quartile performance over an extended period.