Mr. John Ripplinger reports

IMAFLEX RESUMES NORMAL OPERATIONS FOLLOWING CYBERSECURITY INCIDENT

Following a recent cyberattack, Imaflex Inc. has restored its systems and resumed normal operations.

On Feb. 21, 2025, the corporation confirmed that a cybersecurity incident had occurred, disrupting Imaflex's systems and operations. Imaflex immediately took steps to contain and mitigate any potential impact on its data and operations. The corporation launched a comprehensive investigation to determine the source and extent of the incident, working closely with third party cybersecurity experts in line with industry best practices. Although operations were impacted, Imaflex continued to manufacture, ship and perform back-office functions as required, albeit with some temporary workarounds.

Imaflex is pleased to confirm that all systems and data have been fully restored, and operations have returned to normal. The corporation remains committed to maintaining and implementing robust cybersecurity measures to protect its systems, data and stakeholders.

About Imaflex Inc.

Founded in 1994, Imaflex is focused on the development and manufacturing of innovative solutions for the flexible packaging space. Concurrently, the corporation develops and manufactures films for the agriculture industry. The corporation's products consist primarily of polyethylene (plastic) film and bags, including metalized plastic film, for the industrial, agricultural and consumer markets. Headquartered in Montreal, Que., Imaflex has manufacturing facilities in Canada and the United States.

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