Mr. Chris Lichtenheldt reports

SUPERIOR RECEIVES TSX APPROVAL FOR NORMAL COURSE ISSUER BID

The Toronto Stock Exchange (TSX) has accepted Superior Plus Corp.'s notice of intention to commence a normal course issuer bid (NCIB) through the facilities of the Toronto Stock Exchange (TSX) and/or other alternative trading systems in Canada.

The NCIB will commence on Nov. 19, 2025, and will terminate on the earlier of Nov. 18, 2026, the date on which Superior has purchased the maximum number of its common shares permitted under the NCIB or the date on which Superior terminates the NCIB in accordance with its terms.

The NCIB allows Superior to repurchase common shares in line with its broader capital allocation strategy. Superior believes that, from time to time, the common shares trade in price ranges that do not fully reflect their value. In such circumstances, Superior believes that acquiring its common shares represents an attractive and desirable use of funds.

Under the NCIB, Superior may, over a 12-month period commencing on Nov. 19, 2025, purchase in the normal course through the facilities of the TSX and/or Canadian alternative trading systems, if eligible, up to 21,551,556 common shares, such amount representing 10 per cent of the public float (as defined by the TSX) of the common shares as at Nov. 5, 2025. Superior had 222,969,783 common shares issued and outstanding on Nov. 5, 2025.

Purchases under the NCIB will be subject to certain pricing limits set by the board of directors of Superior from time to time. Furthermore, subject to certain exemptions for block purchases, the maximum number of common shares that Superior may acquire on any one trading day is 164,568 common shares, such amount representing 25 per cent of the average daily trading volume of the common shares of 658,273 for the six calendar months prior to the start of the NCIB. All common shares purchased by Superior under the NCIB will be cancelled.

Superior's previous NCIB, in respect of which Superior sought and received approval from the TSX, authorized the purchase of up to 24,117,330, common shares and expired on Aug. 6, 2025, the date on which Superior had acquired such maximum number of common shares.

Superior has engaged a broker to administer the NCIB. Superior will also enter into an automatic purchase plan (APP) with its broker in relation to the NCIB to facilitate purchases of common shares under the NCIB at times when Superior normally would not be active in the market due to its own internal trading blackout periods, insider trading rules or otherwise. Pursuant to the APP, from time to time, when Superior is not in possession of material non-public information about itself or its securities, Superior may, but is not required to, direct its broker to make purchases of common shares under the NCIB during a trading blackout period. Such purchases will be based on trading parameters established by Superior at the time of giving such direction in accordance with the rules of the TSX, applicable securities laws and the terms of the APP.

About Superior Plus Corp.

Superior is a leading North American distributor of propane, compressed natural gas, renewable energy, and related products and services, servicing approximately 750,000 customer locations in the United States and Canada. Through its primary businesses, propane distribution and CNG (compressed natural gas), RNG (renewable natural gas), and hydrogen distribution, Superior safely delivers low carbon1 fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline. By displacing more carbon intensive fuels, Superior is a leader in the energy transition and helping customers lower operating costs and improve environmental performance.

We seek Safe Harbor.