Mr. Willy Janzen reports

BUHLER INDUSTRIES PROVIDES UPDATE ON LONG TERM INVESTMENT PARTNER SEARCH PROCESS

Buhler Industries Inc. has provided an update on its process to identify a long-term investment partner and the status of its credit facilities. The company and Origin Merchant Partners continue to work to advance the process to identify a long-term investment partner. In contemplation of the progress that the company has made in identifying a long-term investment partner, the company's lenders have extended the maturity date of its credit facilities from Dec. 15, 2023, to Dec. 22, 2023. The company intends to continue to provide updates on this process as determined necessary or advisable.

About Buhler Industries Inc.

Buhler is headquartered in Winnipeg, Man., Canada, and is a publicly traded company on the Toronto Stock Exchange (BUI). The company manufactures and distributes its product through the brand names Versatile and Farm King. The Versatile line of equipment consists of tractors and tillage. Farm King supplies augers, mowers, bale carriers, snow blowers and compact implements. The company has manufacturing facilities and warehouses in both Canada and the United States.