Mr. Richard Kellam reports

DATA COMMUNICATIONS MANAGEMENT CORP. ANNOUNCES INITIATION OF A DIVIDEND PROGRAM AND DECLARES SPECIAL DIVIDEND

Data Communications Management Corp.'s board of directors has declared a special dividend to shareholders and approved the commencement of a regular quarterly dividend program.

"The board's approval of this dividend program reflects our commitment to enhancing shareholder returns and underscores our confidence in DCM's growth potential and free cash flow (1) generation capabilities moving forward, following the accelerated integration of the Moore Canada Corp. business into DCM," said J.R. Kingsley Ward, chair of the board.

Special dividend

The board has approved the declaration of a special cash dividend of 20 cents per common share, to be paid on March 25, 2025, to shareholders of record on March 12, 2025. Approximately 10 cents of the special dividend is designated as an eligible dividend and 10 cents is designated as an ineligible dividend for Canadian income tax purposes.

Regular dividend program

The board has also initiated a recurring, quarterly dividend program. In connection with the new dividend program, the board has approved an initial quarterly dividend of 2.5 cents per common share, to be paid on April 4, 2025, to shareholders of record as of March 21, 2025. The initial quarterly dividend will be designated as an eligible dividend for Canadian income tax purposes. The board currently intends to review its dividend policy on an annual basis.

With these announcements, Data Communications has committed an initial $12.4-million to distribute to shareholders.

This dividend program is made possible by the company's significantly improved financial leverage subsequent to the acquisition and accelerated integration of Moore Capital and higher levels of free cash flow expected to be generated in 2025 and in the future.

(1) Free cash flow is a non-IFRS (international financial reporting standards) accounting standards financial measure that the company uses to monitor the availability of discretionary cash as part of its capital management.

About Data Communications Management Corp.

Data Communications is a leading Canadian tech-enabled provider of print and digital solutions that help simplify complex marketing communications and operations workflow. Data Communications serves over 2,500 clients, including 70 of the 100 largest Canadian corporations and leading government agencies. Its core strength lies in delivering individualized services to its clients that simplify their communications, including customized printing, highly personalized marketing communications, campaign management, digital signage and digital asset management. From omnichannel marketing campaigns to large-scale print and digital workflows, Data Communications' goal is to make complex tasks surprisingly simple, allowing its clients to focus on what they do best.

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