Saltire Capital Ltd. Announces Leadership Changes

TORONTO, Oct. 5, 2026 /CNW/ -- Saltire Capital Ltd. (TSX: SLT.U) (TSX: SLT) (TSX: SLT.WT.U) (TSX: SLT.WT) (OTCQX: SLTEF) ("Saltire" or the "Corporation") today announced certain leadership changes.

Effective immediately, Larry G. Swets Jr. has transitioned from his role as Executive Chairman to serve as the interim chief executive officer of the Corporation and Kyle Cerminara has assumed the role of Executive Chairman. Each of Mr. Swets and Mr. Cerminara will continue to serve as directors of Saltire. Andrew Clark and Robert Clark have ceased serving as the Corporation's chief executive officer and chief investment officer, respectively, and will continue to serve as directors until the Corporation's next annual meeting of shareholders or until such director resigns or a successor is elected or appointed. The search for a permanent chief executive officer is underway.

"These changes will facilitate a focus on reducing expenses, improving existing business operations, and scaling back debt-funded acquisitions," said Kyle Cerminara, Executive Chairman of Saltire Capital.

About Saltire

Saltire Capital Ltd. is a publicly traded permanent capital vehicle that invests in strong, undervalued businesses operating in foundational sectors of the real-world economy. The Corporation takes meaningful stakes in private businesses with high barriers to entry, predictable cash flows and a defined competitive advantage, providing business owners with a long-term capital partner that supports management continuity and preserves company legacy. Using a disciplined buy-and-build approach, Saltire identifies growth opportunities in fragmented industries, improves company fundamentals and scales businesses into standalone platforms. This structure ensures the interests of shareholders and Saltire's leaders remain aligned for the long-term. Learn more at www.saltirecapitalltd.com. 

Forward Looking Information

This press release may contain forward-looking information and forward-looking statements within the meaning of applicable securities laws ("Forward-Looking Statements"). The Forward-Looking Statements contained in this press release relate to future events or Saltire's future plans, including statements with respect to the search for a permanent chief executive officer, and are based on Saltire's current expectations, estimates, projections, beliefs and assumptions. Such Forward-Looking Statements have been made by Saltire in light of the information available to it at the time the statements were made. All statements and information other than historical fact may be Forward-Looking Statements. Such Forward-Looking Statements are often, but not always, identified by the use of words such as "may", "would", "should", "could", "expect", "intend", "estimate", "anticipate", "plan", "foresee", "believe", "continue", "expect", "potential", "proposed" and other similar words and expressions.

Forward-Looking Statements are based on certain expectations and assumptions and are subject to known and unknown risks and uncertainties and other factors, many of which are beyond Saltire's control, that could cause actual events, results, performance and achievements to differ materially from those anticipated in these Forward-Looking Statements. Forward-Looking Statements are provided for the purpose of assisting the reader in understanding Saltire and its business, operations, prospects and risks at a point in time in the context of historical and possible future developments, and the reader is therefore cautioned that such information may not be appropriate for other purposes. Forward-Looking Statements should not be read as guarantees of future performance or results. Readers are cautioned not to place undue reliance on Forward-Looking Statements, which speak only as of the date of this press release. Unless otherwise noted or the context otherwise indicates, the Forward-Looking Statements contained herein are provided as of the date hereof, and Saltire disclaims any intention or obligation, except to the extent required by law, to update or revise any Forward-Looking Statements as a result of new information or future events, or for any other reason.

Additional information about Saltire, including with respect to the risk factors that should be taken into consideration when reading this press release and the Forward-Looking Statements, is available on Saltire's profile on SEDAR+ at www.sedarplus.ca.

SOURCE Saltire Capital Ltd.

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