Mr. Alex Limosani reports

GROUPE DYNAMITE ANNOUNCES ELECTION OF DIRECTORS

The nominees proposed as directors in its management proxy circular dated May 9, 2025, were elected as directors of Groupe Dynamite at the annual meeting of shareholders held earlier today by on-line webcast. The detailed results of the vote for the election of directors are set out below.

About Groupe Dynamite Inc.

Groupe Dynamite is a growth-oriented company striving for excellence in the fashion industry. Operating retail stores and digital experiences under two complementary and spirited banners -- Garage and Dynamite -- it offers a wide range of women's fashion apparel, catering to the needs of Generation Z and millennials. With leading key operating metrics and a commitment to innovation and disciplined execution, it is proud to continue its ambitious growth plans. Guided by its mission, "Empowering you to be you, one outfit at a time," it is a values-led, inclusive organization committed to inspiring confidence and self-expression. Proudly rooted in the chic and vibrant city of Montreal, its culture, values and distinct brands position it to shape the future of fashion while attracting and inspiring the next generation of leaders and creators. Its ownership mentality and entrepreneurial mindset are reflected in its shared success program, through which all its 6,500 employees have ownership exposure. This alignment of interests and values fosters collaboration, fuels innovation, and creates meaningful long-term value for its team and stakeholders alike.