Mr. Joe Racanelli reports

AIMIA ANNOUNCES INTENTION TO RENEW NORMAL COURSE ISSUER BID

Aimia Inc.'s board of directors has authorized the renewal of its normal course issue bid (NCIB) to purchase for cancellation up to 10 per cent of its public float of common shares, or approximately six million common shares, subject to the approval of the Toronto Stock Exchange.

Aimia's decision to renew its NCIB is consistent with its priority to narrow the discount of its share price relative to the intrinsic value of its net assets.

Subject to the approval of the TSX, it is expected that the NCIB will be renewed on or about June 6, 2025, and will end on June 5, 2026, at the latest.

Purchases made on the open market through the facilities of the TSX and alternative Canadian trading systems will be made at the prevailing market price at the time of purchase. Aimia may also purchase common shares for cancellation pursuant to exemption orders from applicable securities regulatory authorities, and such purchases will be at a discount to the prevailing market price.

As at April 30, 2025, Aimia had 94,265,517 issued and outstanding common shares.

The company's public float for determining the number of shares available for purchase and cancellation (excluding shares held by insiders), pending TSX approval, was estimated at 60 million common shares as at April 30, 2025. Aimia will only make purchases under the NCIB once all regulatory approvals are obtained.

Aimia will retain discretion whether to make purchases under the NCIB and to determine the timing, amount and acceptable price of any such purchases, subject at all times to applicable TSX and other regulatory requirements. However, Aimia intends to enter into a predefined plan with its broker to allow for the repurchase of common shares at times when Aimia ordinarily would not be active in the market due to its prescheduled blackout periods. The plan will be adopted in accordance with applicable laws and is subject to the approval of the TSX.

Aimia believes that the market price of its common shares may, from time to time, not reflect the intrinsic value of the company and that repurchases of common shares pursuant to the NCIB may represent an appropriate and desirable use of the company's capital. Aimia believes it is in its best interest of shareholders to proceed with the NCIB given that its availability liquidity is sufficient to execute on the company's future strategic direction and capital allocation priorities.

About Aimia Inc.

Aimia is a diversified company focused on enhancing the value of its two core global businesses: Bozzetto, a sustainable specialty chemicals company, and Cortland International, a rope and netting solutions company. Headquartered in Toronto, Aimia's priorities include reducing its holding company costs, reducing the discount of its share price to the intrinsic value of its net assets and efficiently utilizing its loss carryforwards to create shareholder value.

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