Mr. Jean Paschini reports

ADF GROUP INC. ANNOUNCES A SERIES OF NEW CONTRACTS IN QUEBEC AND IN THE UNITED STATES TOTALLING $140.0 MILLION

ADF Group Inc. has signed a series of new contracts in Quebec, Ontario and in the United States West Coast states totalling $140.0-million.

These new projects generally call on ADF's expertise in fabrication and installation of various steel structures that vary in terms of complexity, part of new construction projects in the public transportation sector, in the commercial, industrial and manufacturing sectors, and in the hydroelectric sector in Quebec.

"The current fiscal year is off to a good start with the addition of these new contracts, not to mention that Groupe LAR is already contributing significantly to the growth of the corporation's order backlog."

ADF's plants in Terrebonne, Que., and in Great Falls, Mon., as well as Groupe LAR's plant in Metabetchouan, Que., acquired by ADF in September, 2025, will be involved in carrying out these new contracts. Fabrication work for all of these new contracts will begin in June, 2026, with the majority expected to run until the end of 2027.

The corporation's order backlog stood at $497.1-million as at Oct. 31, 2025, excluding the new orders announced today.

About ADF Group Inc.

ADF Group is a North American leader in the design and engineering of connections, fabrication, including the application of industrial coatings and installation of complex steel structures, heavy steel built-ups, as well as in miscellaneous and architectural metals for the non-residential infrastructure sector. ADF Group is one of the few players in the industry capable of handling highly technically complex mega projects on fast-track schedules in the commercial, institutional, industrial and public sectors. The corporation operates two fabrication plants and two paint shops, in Canada and in the United States, and a construction division in the United States, which specializes in the installation of steel structures and other related products.

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