Ms. Kristie Plaquin reports

K-BRO DECLARES MARCH 2024 DIVIDEND

K-Bro Linen Inc. has declared a dividend of 10 cents per common share of the corporation for the period from March 1 to March 31, 2024, to be paid on April 15, 2024, to holders of record of common shares on March 31, 2024.

The corporation's policy is for shareholders of record on the last business day of a calendar month to receive dividends during the 15 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 two distinctive brands, including K-Bro Linen Systems Inc. and Buanderie HMR, and in eight Canadian cities: Quebec City, Montreal, Toronto, Edmonton, Calgary, Regina, Vancouver and Victoria.

Fishers was established in 1900 and is an operator of laundry and linen processing facilities in Scotland, providing linen rental, workwear hire and clean room garment services to the hospitality, health care, manufacturing and pharmaceutical sectors. Fishers' client base includes major hotel chains and prestigious venues across Scotland and the northeast of England. The company operates sites in Scotland and the northeast of England with facilities in Cupar, Perth, Newcastle, Livingston and Coatbridge.