Mr. Amar Doman reports

DOMAN BUILDING MATERIALS GROUP LTD. REPORTS SECOND QUARTER 2026 FINANCIAL RESULTS

Doman Building Materials Group Ltd. has released its second quarter 2026 financial results for the period ended June 30, 2026.

For the three-month period ended June 30, 2026, consolidated revenues increased to a record $904.5-million, compared with $886.7-million in 2025, largely due to increases in year-over-year pricing in certain construction materials categories. The company's sales by product group in the period were made up of 84 pepr cent construction materials, with the remaining balance resulting from specialty and allied products of 13 per cent, and other sources of 3 per cent.

Gross margin dollars increased to $145.8-million during the three-month period in 2026, versus $142.7-million in 2025. Gross margin percentage remained consistent at 16.1 per cent during the quarter, unchanged from 2025.

EBITDA (earnings before interest, taxes, depreciation and amortization) and adjusted EBITDA amounted to $78.6-million and $78.8-million, respectively, compared with EBITDA and adjusted EBITDA of $80.0-million in 2025. Net earnings for the three-month period ended June 30, 2026, were $31.2-million, versus $27.7-million in the comparative period of 2025.

The company declared a 14-cent-per-share- dividend, which was paid on July 15, 2026, to shareholders of record at the close of business on June 30, 2026.

For the six-month period ended June 30, 2026, the company generated EBITDA and adjusted EBITDA of $146.7-million and $146.9-million, respectively, on revenues of $1.67-billion. Gross margin and gross margin percentage during the period amounted to $275.3-million and 16.5 per cent, respectively. This compares with 2025 EBITDA and adjusted EBITDA of $150.1-million, on revenues of $1.68-billion. Gross margin and gross margin percentage during the 2025 period amounted to $275.2-million and 16.4 per cent. Net earnings for the six-month period ended June 30, 2026, were $55.1-million versus $51.2-million in the comparative period of 2025.

"Our second quarter results reflect the resilience of our business against a mixed economic backdrop. Financial performance was broadly in line with the same period last year, supported by disciplined execution, operational efficiency and the strength of our diversified platform," commented Amar S. Doman, chairman of the board. "While we have seen some improvement in lumber pricing and pockets of firmer demand across certain end markets, broader market conditions remain uncertain, with ongoing variability in housing starts and regional market performance, as well as continued high energy prices and broader inflationary pressures. We remain focused on managing the business prudently, maintaining strong customer service and positioning the company to respond as conditions evolve."

About Doman Building Materials Group Ltd.

Founded in 1989, Doman is headquartered in Vancouver, B.C., and trades on the Toronto Stock Exchange under the symbol DBM.

As Canada's premier national distributor in the building materials and related products sector, Doman operates several distinct divisions with multiple treating plants, planing and specialty facilities, and distribution centres coast-to-coast in all major cities across Canada and coast-to-coast across the United States.

Strategically located across Canada, Doman Building Materials Canada operates distribution centres coast-to-coast and Doman Treated Wood Canada operates multiple treating plants near major cities. In the United States, headquartered in Dallas, Tex., Doman Lumber operates 21 treating plants, two specialty planing mills and five specialty sawmills located in nine states, distributing, producing and treating lumber, fencing and building material servicing the central U.S.; Doman Tucker Lumber operates three treating plants, specialty sawmilling operations and a captive trucking fleet serving the U.S. East Coast; Doman Building Materials USA and Doman Treated Wood USA serve the U.S. West Coast with multiple locations in California and Oregon; and in the state of Hawaii, the Honsador Building Products Group services 15 locations across all the islands.

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