An anonymous director reports

WAJAX ANNOUNCES ELECTION OF DIRECTORS

The nominees listed in Wajax Corp.'s management proxy circular dated March 7, 2023, have been elected as directors of Wajax. The detailed results of the vote for the election of directors held at the annual meeting of shareholders of the corporation held on May 2, 2023, in Toronto, Ont., are set out in the attached table.

On a vote conducted by ballot, each of the 11 nominees in the attached table proposed by management was elected as a director of Wajax.

The corporation also announced that David G. Smith and Elizabeth A. Summers have each been appointed to the audit and human resources and compensation committees of the board and that A. Jane Craighead has been appointed chair of the human resources and compensation committee of the board.

About Wajax Corp.

Founded in 1858, Wajax is one of Canada's longest-standing and most diversified industrial products and services providers. The corporation operates an integrated distribution system providing sales, parts and services to a broad range of customers in diverse sectors of the Canadian economy, including construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government and utilities, and oil and gas.