Mr. Jean Paschini reports

ADF GROUP ANNOUNCES THE RETIREMENT OF ITS CHIEF FINANCIAL OFFICER

ADF Group Inc. chief financial officer Jean-Francois Boursier will retire on Dec. 31, 2026, after more than 16 years of service with ADF Group Inc. He will remain in his position until that date and then, starting Jan. 1, 2027, will serve as a strategic adviser until a date to be confirmed, to ensure a smooth transition.

"Jean-Francois's dedication to ADF has greatly contributed to our success, and I would like to congratulate and thank him on behalf of the corporation, our employees and the board of directors," said Jean Paschini, chairman of the board and chief executive officer of ADF.

"Jean-Francois ensured the strength of the corporation's financial position and the disciplined allocation of capital by overseeing sustained investments across the business, including the construction of the plant in Great Falls, Mon., the automation of our plant in Terrebonne, Que., and, more recently, the acquisition of Groupe LAR in Metabetchouan, Que., last September," concluded Mr. Paschini.

A recruitment process will begin in the coming days, in which Mr. Boursier will actively participate.

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 three fabrication plants and three 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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