Mr. Marcel Bourassa reports

SAVARIA ANNOUNCES THE TRANSITION OF ITS CHIEF FINANCIAL OFFICER

Savaria Corp.'s chief financial officer, Stephen Reitknecht, will be resigning from his position effective Dec. 31, 2026, to pursue another professional opportunity. In light of this upcoming departure, Savaria has begun the process of identifying a successor. Marjorie Yale, vice-president, finance, who has been with Savaria since August, 2019, who oversees all financial reporting activities, will serve as interim chief financial officer effective Jan. 1, 2027. Mr. Reitknecht will ensure an orderly transition of responsibilities.

"On behalf of the board of directors and our entire team, I would like to thank Steve for his many contributions since he joined Savaria in 2020 and wish him the best of luck in this next phase of his career," said Sebastien Bourassa, Savaria's president and chief executive officer.

About Savaria Corp.

Savaria is one of the global leaders in the accessibility industry. It provides accessibility solutions for the physically challenged to increase their comfort, their mobility and their independence. Its product line is one of the most comprehensive on the market. Savaria designs, manufactures, distributes and installs accessibility equipment, such as elevators for home and commercial use, stairlifts for straight and curved stairs, vertical and inclined wheelchair lifts, and dumbwaiters. In addition, Savaria manufactures and markets a comprehensive selection of pressure management products, medical beds, as well as an extensive line of medical equipment and solutions for the safe movement of patients, such as transfer, lifting and repositioning aids. The corporation operates a sales network of dealers worldwide and direct sales offices in North America, Europe (United Kingdom, Netherlands, Switzerland, Italy, Germany, Poland and Czech Republic) and Australia. Savaria employs approximately 2,600 people globally, and its plants are located across Canada, the United States, Mexico, Europe and China.

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