Mr. Samuel Cochrane reports

AUTOCANADA EXPANDS COLLISION PLATFORM WITH ACQUISITION OF DOUG'S PLACE SOUTHGATE IN EDMONTON, ALBERTA

AutoCanada Inc. has completed its acquisition of Doug's Place Southgate, a collision repair business based in Edmonton, Alta.

Doug's Place Southgate is a trusted Edmonton-based operator with a long-standing reputation for quality craftsmanship, technical expertise and exceptional customer service. The acquisition of Doug's Place Southgate builds upon AutoCanada's initial purchase of the first Doug's Place location (Strathcona) in October, 2025.

"The addition of Doug's Place Southgate is an excellent strategic fit that enhances the efficiency of our overall Edmonton platform by adding much needed capacity in close proximity to our existing footprint," said Samuel Cochrane, chief executive officer of AutoCanada. "The acquisition advances our strategic focus on the collision business and directs additional capital toward assets where we have a demonstrated advantage and clear opportunities to create value."

Doug's Place Southgate adds approximately 7,540 square feet of collision repair capacity to AutoCanada's network. The facility holds certifications across 10 original equipment manufacturer brands, including Honda, Acura, Stellantis, Ford, Kia, Nissan and Toyota. In addition, Southgate currently maintains direct repair programs with several major insurance carriers, including TD Insurance, Intact, Co-operators, Definity and the Alberta Motor Association.

Doug's Place Southgate will continue to operate with its experienced local team, leveraging AutoCanada's national platform, insurer relationships, OEM partnerships and operational best practices.

About AutoCanada Inc.

AutoCanada's dealership operations segment operates 61 franchised dealerships in Canada, composed of 23 automotive brands across eight provinces as well as three independent used dealerships. AutoCanada currently sells Acura, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Ford, GMC, Honda, Hyundai, Infiniti, Jeep, Kia, Mazda, Mercedes-Benz, Mini, Nissan, Porsche, Ram, Subaru and Volkswagen vehicles. In 2025, its Canadian dealerships sold approximately 71,000 new and used retail vehicles. AutoCanada's U.S. franchise dealerships, operating as Leader Automotive Group, operate nine franchised dealerships composed of six brands in Illinois, United States. In 2025, its U.S. dealerships sold approximately 8,000 new and used retail vehicles. Leader is classified as discontinued operations as the company progresses the sale of its U.S. dealership portfolio.

AutoCanada's collision operations segment, operating under the ACX brand, operates 38 collision centres, supported by 26 original equipment manufacturer certifications covering 37 vehicle brands. The company's collision operations enable customer retention across multiple touch points within the automotive ownership life cycle.

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