Mr. David Beutel reports

THS MAPLE HOLDINGS ANNOUNCES EXCLUSIVE SUPPLY AGREEMENT FOR MAPLE CREAM COOKIES IN THE CANADIAN TRAVEL RETAIL CHANNEL

THS Maple Holdings Ltd.'s wholly owned subsidiary Turkey Hill Sugarbush Ltd. has entered into an exclusivity agreement with Commercial Bakeries Corp., a Toronto-based manufacturer of private-label cookies and baked snacks.

Under the agreement, Turkey Hill Sugarbush will act as the exclusive supplier of maple cream cookies to the Canadian travel and tourism channel, including duty-free, travel retail, and other tourism-focused distributors and retailers. The agreement establishes Turkey Hill as the centralized point of coordination for maple cream cookie supply within this channel, strengthening the company's presence in the Canadian travel retail and enabling Turkey Hill to manage ordering, inventory and distribution for participating industry partners.

Maple cream cookies are Turkey Hill's No. 1 selling product, accounting for approximately 20 per cent of the company's current sales. Greater co-ordination of supply under the exclusivity agreement is expected to support Turkey Hill's ability to meet growing demand across the market.

"This exciting agreement forms part of Turkey Hill's broader strategy to strengthen its role in the Canadian travel retail sector through targeted supply chain partnerships and distribution relationships," said Tom Zaffis, chief executive officer of THS Maple. "By consolidating ordering, inventory and logistics through Turkey Hill, we can better coordinate supply for maple cream cookies while continuing to support our long-standing partners."

Through this arrangement, Turkey Hill will assume a lead role in managing supply and logistics for maple cream cookies, including:

• Co-ordinated ordering and logistics managed through Turkey Hill;

• Consistent inventory of bulk cookie trays prepared for distribution;

• Flexible minimum order quantities designed to support distributor demand;

• Blind labelling and shipping capabilities allowing partners to maintain their own branding;

• Turnkey fulfillment services for specialized packaging requirements.

Turkey Hill Sugarbush intends to maintain inventory of bulk maple cream cookies prepared for shipment in support of the Canadian tourism market.

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