Mr. Rahim Bhaloo reports

PESORAMA ANNOUNCES GRAND OPENING OF STORES #34 AND #35

Pesorama Inc. plans to open two new stores.

Store No. 34 -- Puebla Centro

Store No. 34 is a 7,987-square-feet location in Puebla's historic centre, a high-traffic commercial and tourist district. As the company's second store in the state, it strengthens the company's local presence. Planned opening on Tuesday, March 31.

Store No. 35 -- Parque Tepeyac

Store No. 35 is located northeast of Mexico City in a high-density residential and commercial area. The 3,640-square-feet store is located within Parque Tepeyac, a destination with more than 100 commercial establishments. Planned opening on Saturday, April 4.

"The openings of stores No. 34, and No. 35 mark an important step in our expansion and further increase accessibility for Mexican consumers who want to shop at our stores," said Rahim Bhaloo, founder, chief executive officer and chairman of Pesorama. "We have identified a robust pipeline of high-density traffic areas where there is an opportunity to open additional stores to drive continued growth and success."

Join the company's livestream on Instagram!

A live stream of the ribbon cutting and new store opening celebration of store 34 will be held on JOi's Instagram page on Saturday, April 4, at 3 p.m. CDMX/5 p.m. ET.

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 33 stores (soon to be 35) 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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