Mr. Sean Washchuk reports

CCL INDUSTRIES INC. ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID AND APPROVAL OF AUTOMATIC SECURITIES PURCHASE PLAN

The Toronto Stock Exchange (TSX) has accepted a notice filed by CCL Industries Inc. to proceed with the renewal of its normal course issuer bid. Under the bid, the company is authorized to acquire up to 14.1 million of its Class B non-voting shares, being approximately 10.00 per cent of the public float of the Class B non-voting shares as of May 14, 2026. No bid is proposed to be made for the company's Class A voting shares.

All purchases will be made through the facilities of and in accordance with the rules of the TSX and all Class B non-voting shares purchased will be cancelled. Except where reliance is placed on the TSX's block purchase exemption, the maximum number of Class B non-voting shares that could be purchased under the bid on any trading day will be limited to 82,237 Class B non-voting shares. The average TSX daily trading volume for the six-month period ended April 30, 2026, was 328,951 Class B non-voting shares.

The bid will commence on May 26, 2026, and end no later than May 25, 2027. CCL's management believe that such purchases are an appropriate and desirable use of available funds.

The company also announced today that, in connection with its intention to renew the bid, the company has received TSX approval to enter into an automatic securities purchase plan (the ASPP) with a designated broker to allow for the purchase of Class B non-voting shares under the bid during predetermined times when the company would ordinarily not be permitted to purchase shares due to customary blackout periods. Purchases under the ASPP will be made by the company's broker based upon parameters set by the company when it is not in possession of any material non-public information about itself and its securities, and in accordance with the terms of the ASPP. Outside of predetermined blackout periods, Class B non-voting shares may be purchased under the bid based on management's discretion, in compliance with TSX rules and applicable securities laws.

Pursuant to a previous notice of intention to conduct a normal course issuer bid, under which company sought and received approval from the TSX to purchase up to 14.45 million Class B non-voting shares for the period of May 26, 2025, to May 25, 2026, the company has purchased, as of May 14, 2026, 4,258,002 Class B non-voting shares on the open market at an average purchase price of $82.88 per share. As of May 14, 2026, the issued and outstanding number of Class B non-voting shares was 159,498,633 and the public float of the Class B non-voting shares was 141,048,961. Purchases were made through the facilities of the TSX and all Class B non-voting shares purchased were cancelled.

About CCL Industries Inc.

CCL Industries employs approximately 26,000 people operating 214 production facilities in 42 countries with corporate offices in Toronto, Canada, and Framingham, Mass. CCL is the world's largest converter of pressure-sensitive and specialty extruded film materials for a wide range of decorative, instructional, functional and security applications for government institutions and large global customers in the consumer packaging, health care and chemical, consumer electronic device, and automotive markets. Extruded and laminated plastic tubes, aluminum aerosols and specialty bottles, folded instructional leaflets, precision decorated and die-cut components, electronic displays, polymer banknote substrate, and other complementary products and services are sold in parallel to specific end-use markets.

Avery is the world's largest supplier of labels, specialty converted media and software solutions for short-run digital printing applications for businesses and consumers available alongside complementary products sold through distributors, mass-market stores and e-commerce retailers.

Checkpoint is a leading developer of RF and RFID based technology systems for loss prevention and inventory management applications, including labelling and tagging solutions, for the retail and apparel industries worldwide.

Innovia is a leading global producer of specialty, high performance, multilayer, surface engineered films for label, packaging and security applications.

The company is partly backward integrated into material science with capabilities in polymer extrusion, adhesive development, coating and lamination, and surface engineering and metallurgy, deployed as needed across the four business segments.

We seek Safe Harbor.