Mr. Jeffrey Schwartz reports

DOREL ENTERS INTO NEW US$88 MILLION TERM-LOAN FACILITY

Dorel Industries Inc. has entered into a new $88-million (U.S.) senior secured term loan credit agreement with a group of lenders led by First Eagle Investments, as lead arranger and sole bookrunner, and administrative agent. The new term loan, which is guaranteed by certain of Dorel's subsidiaries, will mature on the earlier of Dec. 8, 2026, and the date on which Dorel's revolving credit facility matures, currently scheduled for June 4, 2026, unless extended in accordance with the terms of the related credit agreement.

About Dorel Industries Inc.

Dorel Industries is a global organization operating two distinct businesses in juvenile products and home products. Dorel's strength lies in the diversity, innovation and quality of its products as well as the superiority of its brands. Dorel Juvenile's powerfully branded products include global brands Maxi-Cosi, Safety 1st and Tiny Love, complemented by regional brands such as BebeConfort, Cosco, Mother's Choice and Infanti. Dorel Home, with its comprehensive e-commerce platform, markets a wide assortment of domestically produced and imported furniture. Dorel has annual sales of $1.6-billion (U.S.) and employs approximately 4,000 people in facilities located in 22 countries worldwide.