Mr. John Doolittle reports

TOROMONT TO ANNOUNCE THIRD QUARTER 2023 RESULTS ON OCTOBER 30, 2023

Toromont Industries Ltd. will release its third quarter 2023 results after markets close on Monday, Oct. 30, 2023.

Analysts, members of the media and other interested parties are invited to participate in a teleconference and audio webcast on Tuesday, Oct. 31, 2023, at 8 a.m. Eastern Time, to discuss the financial results and operating highlights. The conference will begin with a brief address by Michael S. McMillan, president and chief executive officer, and John M. Doolittle, executive vice-president and chief financial officer of Toromont Industries, followed by a question-and-answer period for investment analysts.

Tuesday, Oct. 31, 2023, at 8 a.m. Eastern Time

How to join

The live audio webcast will be available on the company's website.

Join the teleconference without operator assistance on-line.

You will receive an instant automated callback.

Join the teleconference with operator assistance by dialling 888-664-6383 (North American toll-free) or 416-764-8650 (Toronto area), with participant code 38920463.

Digital replay until Nov. 7, 2023

Call 1-888-390-0541 (North American toll-free) or 416-764-8677 (Toronto area) and enter passcode 920463 followed by the pound key.

About Toromont Industries Ltd.

Toromont Industries operates through two business segments: the Equipment Group and CIMCO. The Equipment Group includes one of the larger Caterpillar dealerships by revenue and geographic territory -- spanning the Canadian provinces of Newfoundland and Labrador, Nova Scotia, New Brunswick, Prince Edward Island, Quebec, Ontario, and Manitoba, in addition to most of the territory of Nunavut. In addition, the group includes industry-leading rental operations and a complementary material handling business. CIMCO is a market leader in the design, engineering, fabrication and installation of industrial and recreational refrigeration systems. Both segments offer comprehensive product support capabilities.