Mr. Rick Torriero reports

DECISIVE DIVIDEND CORPORATION ANNOUNCES PROPOSED NEW SYNDICATED CREDIT FACILITY

Decisive Dividend Corp. is seeking to increase its overall debt capacity by $107-million through a new syndicated credit facility providing for a committed $100-million senior secured revolving term loan and a $75-million accordion facility. The syndicate is expected to include National Bank of Canada, through National Bank Financial Markets and Canadian Western Bank, through its wholly owned division, CWB Maxium Financial Inc. (CWB), which together would act as co-lead arrangers and joint bookrunners, as well as Royal Bank of Canada (RBC) and Federation des caisses Desjardins du Quebec (Desjardins) (collectively the syndicate). It is expected that National Bank will act as administrative agent on behalf of the syndicate.

The credit facility remains subject to completion of customary documentation and, upon becoming effective, will replace the corporation's current credit agreement with CWB and will represent an increase in overall debt capacity from $68-million to $175-million, providing Decisive with considerable additional liquidity to finance growth in its existing operations as well as through acquisition opportunities, at borrowing costs consistent with the effective interest rate under its current credit agreement.

The credit facility is expected to provide for more flexibility as a single senior secured revolving term loan that can be utilized to finance working capital, capital expenditures and acquisitions, compared with the three separate loan tranches included in the current credit agreement. In addition, the credit facility is expected to include a $75-million accordion facility, which the corporation can request as an increase, in whole or in part, to the total amount available under the credit facility. The credit facility is expected to be in place for a committed three-year term and the corporation will be able to request to extend the term of the loan annually.

Rick Torriero, chief financial officer of Decisive, noted:

"Since entering into the credit agreement with CWB in 2021, they have proved to be an excellent financial partner, providing us with the financial capacity and flexibility to achieve the growth we have realized over the last two and a half years. We are thrilled to continue our partnership with CWB and are excited to add National Bank, RBC and Desjardins to form a group of top tier lending partners, that will provide us with significantly increased financing capacity to continue to pursue our strategic objectives. The amount of capacity and flexibility this syndicated facility will provide gives Decisive a strong competitive advantage as we look to acquire businesses from our healthy and growing pipeline of potential targets, even as our long-term focus remains on maintaining our target 50/50 debt and equity funding mix."

The corporation anticipates that definitive documentation will be entered into and the credit facility will close in the next two to three weeks. The terms of the credit facility set forth in this press release are subject to the terms set forth in the definitive documentation representing the credit facility and ancillary matters.

About Decisive Dividend Corp.

Decisive Dividend is an acquisition-oriented company, focused on opportunities in manufacturing. The corporation's purpose is to be the sought-out choice for exiting legacy-minded business owners, while supporting the long-term success of the businesses acquired, and through that, creating sustainable and growing shareholder returns. The corporation uses a disciplined acquisition strategy to identify already profitable, well-established, high-quality manufacturing companies that have a sustainable competitive advantage, a focus on non-discretionary products, steady cash flows, growth potential and established, strong leadership.

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