Mr. Michael Leskovec reports

NORTHFIELD ANNOUNCES INTENTION TO COMMENCE NORMAL COURSE ISSUER BID

Northfield Capital Corp. intends to effect a normal course issuer bid through the facilities of the TSX Venture Exchange.

Northfield may, during the 12-month period commencing Feb. 27, 2026, and ending Feb. 26, 2027, purchase on the TSX Venture Exchange up to 1,035,239 Class A restricted voting shares in total, representing approximately 5 per cent of the 20,704,780 Class A restricted voting shares currently issued and outstanding. The price which Northfield will pay for any such shares will be the market price at the time of acquisition. The actual number of Class A restricted voting shares which may be purchased and the timing of any such purchases will be determined by Northfield.

Northfield has retained Leede Financial Inc. to effect purchases on its behalf pursuant to the bid. All Class A restricted voting shares purchased pursuant to the bid will be surrendered by Northfield to its transfer agent for cancellation and will be returned to treasury. Northfield is effecting the bid at this time as it believes that its Class A restricted voting shares are undervalued at their current market prices and that the purchase of Class A restricted voting shares would be a prudent use of funds.

Northfield previously purchased an aggregate of 32,600 Class A restricted voting shares through the facilities of the TSX Venture Exchange under a normal course issuer bid conducted by Northfield, which commenced Jan. 15, 2025, and ended on Jan. 14, 2026. The shares purchased by Northfield under the 2025 NCIB were purchased at an average price of $5.77 per share, and were cancelled and returned to treasury.

About Northfield Capital Corp.

Northfield is a publicly traded, leading Canadian investment firm with deep roots in resources, mining, aviation and premium alcoholic beverages. Founded in 1981 by Robert D. Cudney, Northfield combines decades of experience with forward-thinking strategies to unlock opportunities across its diverse portfolio. Northfield is dedicated to fostering growth and innovation in businesses that drive economic prosperity in Canada.

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