Mr. Rahim Bhaloo reports

PESORAMA ANNOUNCES GRAND OPENING OF STORE #31 ON DECEMBER 21ST IN PUEBLA

Pesorama Inc. will have a grand opening of store No. 31 on Dec. 21 in Puebla.

Store No. 31 will be our first in Puebla, located about six kilometres from the Historic Center. The 4,585-square-foot store is situated within one of the city's main shopping malls. This store marks the company's commitment to reaching every Mexican home.

"The opening of our 31st JOi Dollar Plus store in Mexico marks an important step in our expansion and further increases accessibility for Mexican consumers who want to shop at our stores," said Rahim Bhaloo, founder, chief executive officer and chairman of Pesorama. "We see a robust pipeline of high-density traffic areas where we plan to open additional stores to drive continued growth and success."

A livestream of the ribbon cutting and new store opening celebration of store No. 31 will be held on JOi's Instagram page on Sunday, Dec. 21, at 3 p.m. Mexico City time/4 p.m. EST. Join the company in celebrating and follow along on Instagram.

About Pesorama Inc.

Pesorama, operating under the JOi Dollar Plus brand, is a Mexican value dollar store retailer. Pesorama launched operations in 2019 in Mexico City and the surrounding areas targeting high-density, high-traffic locations. Pesorama's 30 stores (soon to be 31) offer consistent merchandise offerings, which include items in the following categories: household goods, pet supplies, seasonal products, party supplies, health and beauty, snack food items, confectionery, and more.

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