Ms. Kristie Plaquin reports

K-BRO DECLARES OCTOBER 2023 DIVIDEND

K-Bro Linen Inc. today declared a dividend of 10.00 cents per common share of the corporation for the period from Oct. 1 to Oct. 31, 2023, to be paid on Nov. 15, 2023, to holders of record of common shares on Oct. 31, 2023.

The corporation's policy is for shareholders of record on the last business day of a calendar month to receive dividends during the fifteen days following the end of such month. K-Bro designates this dividend as an eligible dividend pursuant to Subsection 89(14) of the Income Tax Act (Canada) and similar provincial and territorial legislation.

About K-Bro Linen Inc.

K-Bro is the largest owner and operator of laundry and linen processing facilities in Canada. K-Bro provides a comprehensive range of general linen and operating room linen processing, management and distribution services to health care institutions, hotels and other commercial accounts. K-Bro currently operates 10 processing facilities under three distinctive brands, including K-Bro Linen Systems Inc., Buanderie HMR and Les Buanderies Dextraze, in eight Canadian cities: Quebec City, Montreal, Toronto, Edmonton, Calgary, Regina, Vancouver and Victoria.