Mr. John Ripplinger reports

IMAFlEX SHAREHOLDERS APPROVE PROPOSED PLAN OF ARRANGEMENT TO BE ACQUIRED BY SOTERIA

Imaflex Inc.'s shareholders have approved the previously announced plan of arrangement under Section 192 of the Canada Business Corporations Act involving Soteria Flexibles AcquireCo Ltd. (the purchaser), an affiliate of Soteria Flexibles Corp., pursuant to which the purchaser will acquire all the issued and outstanding common shares of Imaflex.

At the special meeting of shareholders of Imaflex held earlier today, the arrangement resolution was approved by 99.97 per cent of the votes cast by the shareholders entitled to vote at the meeting present virtually or represented by proxy at the meeting, and by 99.95 per cent of the votes cast by the shareholders entitled to vote at the meeting present virtually or represented by proxy at the meeting, excluding the votes cast by the shareholders whose votes must be excluded in accordance with Regulation 61-101 respecting protection of minority security holders in special transactions.

The arrangement remains subject to certain customary closing conditions, including the issuance of a final order by the Superior Court of Quebec (commercial division) following the hearing expected to take place on Feb. 20, 2026. If the necessary approvals are obtained and the other conditions are satisfied or waived, it is anticipated that the arrangement will be completed on or about Feb. 27, 2026.

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. The corporation's common stock is listed on the TSX Venture Exchange under the ticker symbol IFX.

About Soteria Flexibles Corp.

Soteria Flexibles, a portfolio company of TJC LP, is a North American manufacturer of high performance films and flexible packaging solutions, serving customers across a wide range of end markets, including food, health care, industrial and consumer applications. The company specializes in short-run, custom packaging supported by advanced manufacturing capabilities and a customer-centric operating model. With eight manufacturing locations and a broad portfolio of materials and formats, Soteria partners closely with customers to deliver reliable, responsive and innovative flexible packaging solutions tailored to their specific needs.

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