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Happy Belly Food Group Inc
Symbol HBFG
Shares Issued 160,206,762
Close 2026-11-04 C$ 1.53
Market Cap C$ 245,116,346
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Happy Belly to open Rosie's restaurant in Montreal

2026-11-05 10:53 ET - News Release

Mr. Sean Black reports

HAPPY BELLY FOOD GROUP'S ROSIE'S BURGERS ANNOUNCES THE GRAND OPENING OF ITS NEWEST LOCATION ON MONTREAL'S SOUTH SHORE

Happy Belly Food Group Inc. will hold the grand opening of its newest Rosie's Burgers restaurant on Saturday, Nov. 7, 2026, located at 1450 Victoria Ave. in Greenfield Park, on Montreal's South Shore, Quebec. Rosie's is a boutique quick-service restaurant brand known for its signature smash burgers, golden fries, poutine, onion rings and classic milkshakes -- delivering nostalgic flavours in vibrant, neighbourhood-driven locations.

"Montreal's South Shore represents another high-quality market as we continue accelerating our Quebec expansion strategy with our third opening of Rosies Burgers in the province," said Sean Black, chief executive officer of Happy Belly. "Our franchise model is designed to scale alongside operators who share our commitment to operational excellence and an exceptional guest experience. This newest location will be operated by Pietro and the team at Carma Hospitality, one of our experienced multiunit, multibrand operators, in the heart of Greenfield Park. It marks Carma's third of 10 committed Rosie's locations in Quebec and further reinforces the strength of our franchise system, our disciplined approach to site selection, and the growing demand for Rosie's across the province. We believe the brand is well positioned for continued expansion in markets with favourable demographics, consistent daily demand and strong underlying business fundamentals.

Greenfield Park is an established community within Longueuil on Montreal's South Shore, combining residential neighbourhoods with local shops and services. The Victoria Avenue location positions Rosie's to serve a mix of families, professionals and nearby businesses, creating a strong neighbourhood setting for the brand's signature smash burgers, fries and classic milkshakes.

Rosie's Burgers is in a strong phase of national expansion, with 21 locations open and more than 108 secured under multiunit and area development agreements across key provinces, including Atlantic Canada, Quebec, Ontario, Alberta, British Columbia, Manitoba and Saskatchewan. This growing footprint positions the brand to scale rapidly in the years ahead. Backed by a proven track record in the burger category, a high-performing franchise model and a solid foundation of organic growth, Rosie's is well on its way to becoming Canada's leading smash burger brand. Our dual expansion strategy combining franchised growth with targeted corporate store openings underscores our commitment to disciplined, predictable growth as we advance toward becoming Canada's leading restaurant consolidator.

"We are just getting started," said Mr. Black.

About Rosie's Burgers

Deliciously handcrafted smashed burgers, golden fries and classic milkshakes. Rosie's is your neighbourhood burger shop serving up nostalgic flavours you know, love and crave. From the company's Smashburger's and French fries to strawberry shakes and onion rings -- Rosie's is all about keeping things simple and perfecting tradition. Because the classics were made classic for a reason.

About Happy Belly Food Group Inc.

Happy Belly Food Group is a leader in acquiring and scaling emerging food brands.

We seek Safe Harbor.

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