Mr. John Ripplinger reports

IMAFLEX RECEIVES FINAL COURT APPROVAL OF PROPOSED PLAN OF ARRANGEMENT TO BE ACQUIRED BY SOTERIA

Imaflex Inc. has obtained the final order from the Superior Court of Quebec (Commercial Division) approving 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. The final court approval follows the approval of the arrangement by the shareholders of the corporation at the special meeting of shareholders held on Feb. 19, 2026.

The corporation expects that, subject to the satisfaction of the remaining customary closing conditions, 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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