Mr. Eric Lefebvre reports

MTY INCREASES ITS QUARTERLY DIVIDEND BY 12%

MTY Food Group Inc. has increased its quarterly dividend payment from 33 cents per share to 37 cents per share, a growth of 12 per cent. The 37-cent dividend will be payable on Feb. 13, 2026, to shareholders registered in the company's records at the end of the business day on Feb. 3, 2026.

"This 12-per-cent dividend increase underscores the board of directors' confidence in MTY's ability to generate sustainable cash flow and deliver long-term value. It demonstrates our disciplined approach to capital allocation, returning cash to shareholders while maintaining the flexibility to invest in growth. This increase marks the 13th dividend raise since we initiated our quarterly dividend of 4.5 cents per share in November, 2010," said Eric Lefebvre, chief executive officer of MTY.

We seek Safe Harbor.