Mr. Sebastien Bourassa reports

SAVARIA'S EXECUTIVE CHAIRMAN COMPLETES SECONDARY SALE OF SECURITIES

Savaria Corp.'s executive chairman, Marcel Bourassa, has completed the sale of three million common shares of Savaria (representing approximately 4.15 per cent of the issued and outstanding common shares). The common shares were sold through the facilities of the Toronto Stock Exchange.

Following the sale of common shares, Mr. Bourassa will continue to be the largest shareholder of Savaria with an approximately 11.94-per-cent equity interest. "After 35 years of leadership at Savaria, I am proud of our accomplishments of building a team that has brought Savaria to the next level," said Mr. Bourassa. The proceeds from the sale of common shares are for personal reasons, for family estate planning purposes and in support of philanthropic endeavours. Mr. Bourassa may, from time to time, increase or decrease his investment in Savaria through market transactions, private arrangements, treasury issuances or otherwise.

On Sept. 29, 2026, Mr. Bourassa completed the sale of three million common shares beneficially owned by Les Elevateurs Savaria Inc. (representing approximately 4.15 per cent of the issued and outstanding common shares) through the TSX, which were sold at a price of $28.35 per share, for an aggregate consideration of $85.05-million.

Immediately prior to the transaction, Mr. Bourassa: (i) beneficially owned and controlled 232,900 common shares (representing approximately 0.32 per cent of the issued and outstanding common shares), (ii) controlled 10,585,767 common shares beneficially owned by Les Elevateurs Savaria Inc. (representing approximately 14.65 per cent of the issued and outstanding common shares), (iii) controlled 225,231 common shares beneficially owned by 9302-0071 Quebec Inc. (representing approximately 0.31 per cent of the issued and outstanding common shares), (iv) controlled 336,500 common shares beneficially owned by 9264-4582 Quebec Inc. (representing approximately 0.47 per cent of the issued and outstanding common shares) and (v) controlled 250,000 common shares beneficially owned by Bourassa Savaria Foundation (representing approximately 0.35 per cent of the issued and outstanding common shares), representing in the aggregate 11,630,398 common shares (or approximately 16.09 per cent of the issued and outstanding common shares).

Immediately after the transaction, Mr. Bourassa: (i) beneficially owns and controls 232,900 common shares (representing approximately 0.32 per cent of the issued and outstanding common shares), (ii) controls 7,585,767 common shares beneficially owned by Les Elevateurs Savaria Inc. (representing approximately 10.50 per cent of the issued and outstanding common shares), (iii) controls 225,231 common shares beneficially owned by 9302-0071 Quebec Inc. (representing approximately 0.31 per cent of the issued and outstanding common shares), (iv) controls 336,500 common shares beneficially owned by 9264-4582 Quebec Inc. (representing approximately 0.47 per cent of the issued and outstanding common shares) and (v) controls 250,000 common shares beneficially owned by Bourassa Savaria Foundation (representing approximately 0.35 per cent of the issued and outstanding common shares), representing in the aggregate 8,630,398 common shares (or approximately 11.94 per cent of the issued and outstanding common shares).

An early warning report containing additional information with respect to the foregoing matters will be filed under the SEDAR+ profile of Savaria and may also be obtained by contacting Mr. Bourassa through the company.

About Savaria Corp.

Savaria is one of the global leaders in the accessibility industry. It provides accessibility solutions for the physically challenged to increase their comfort, their mobility and their independence. Its product line is one of the most comprehensive on the market. Savaria designs, manufactures, distributes and installs accessibility equipment, such as elevators for home and commercial use, stairlifts for straight and curved stairs, vertical and inclined wheelchair lifts and dumbwaiters. In addition, Savaria manufactures and markets a comprehensive selection of pressure management products, medical beds, as well as an extensive line of medical equipment and solutions for the safe movement of patients, such as transfer, lifting and repositioning aids.

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