Mr. Peter Byrne reports

RUM REPORTS ANNUAL FINANCIAL RESULTS FOR DECEMBER 31, 2025

Rocky Mountain Liquor Inc. has released its financial results for the full-year and fourth quarter ended Dec. 31, 2025.

Sales for the three and 12 months ended Dec. 31, 2025, reflect solid performance across the company's existing store network. Total sales were partially offset by the sale and closure of two stores during the first quarter of 2025, which reduced the company's store count from 24 to 22. The performance of continuing locations underscores the strength of the company's retail operations and the effectiveness of its customer engagement strategies.

Gross margin percentage improved for both the three-month and 12-month periods ended Dec. 31, 2025, compared with the same periods in the prior year. This improvement was driven by disciplined inventory management and the strategic alignment of the company's purchasing approach with limited-time offers available on inventory as well as targeted promotional initiatives.

Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) for the three and 12 months ended Dec. 31, 2025, was higher than the same periods in 2024, reflecting increased net comprehensive income driven by stronger gross margins and lower operating and administrative expenses. Operating and administrative expenses decreased year over year for both reporting periods, primarily due to cost savings realized from the store closures as well as disciplined management of administrative expenditures.

Rocky Mountain remains focused on operational performance and financial flexibility, optimizing its cost structure, and prioritizing investments in product mix, pricing and customer engagement to deliver sustained long-term value.

Detailed information in the form of the company's annual audited consolidated financial statements and management discussion and analysis are available under the company's profile on SEDAR+ and also on the company's website. After accessing the website, please choose the Investor Relations tab to view annual reports.

About Rocky Mountain Liquor Inc.

Rocky Mountain is a public company whose shares are traded on the TSX Venture Exchange (symbol: RUM). Rocky Mountain is the parent to a wholly owned subsidiary, Andersons Liquor Inc. headquartered in Edmonton, Alta., which owns and operates 22 private liquor stores in that province.

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