Mr. Pierre Blanchette reports

COLABOR GROUP RELEASES RESULTS OF SHAREHOLDER VOTES

Colabor Group Inc. held its annual and special meeting of shareholders on May 4, 2023. A total of 74,217,761 common shares representing 72.79 per cent of the issued and outstanding shares of the corporation were represented in person and by proxy at the meeting.

At this meeting, the resolutions as seen herein were approved.

Election of directors

The seven candidates proposed as directors were duly elected to the board of directors of Colabor by majority vote, as shown in the attached table.

Appointment of auditor

The resolution appointing PricewaterhouseCoopers LLP/srl/senrl to act as auditor of the corporation until the next annual meeting of shareholders or until the appointment of its successor, and authorizing the board of directors of the corporation to fix its remuneration, was approved in a proportion of 98.38 per cent.

Approval of unallocated options under the corporation's stock option plan

Shareholders present or represented by proxy at the meeting also voted 76.79 per cent in favour of an ordinary resolution regarding the approval of unallocated options under the corporation's stock option plan.

About Colabor Group Inc.

Colabor is a distributor and wholesaler of food and related products serving the hotel, restaurant and institutional markets or HRI in Quebec and in the Atlantic provinces, as well as the retail market. Within its two operating segments, Colabor offers specialty food products such as meat, fresh fish and seafood, as well as food and related products through its Broadline activities.