Mr. Doug Pollard reports

POLLARD BANKNOTE ANNOUNCES ACCEPTANCE OF NORMAL COURSE ISSUER BID

The Toronto Stock Exchange has accepted a notice filed by Pollard Banknote Ltd. of its intention to make a normal course issuer bid (NCIB).

Under the NCIB, Pollard Banknote may repurchase up to 966,677 common shares, representing approximately 10 per cent of the 9,666,774 outstanding common shares in its public float (within the meaning of the rules of the TSX) as of June 19, 2026.

The new one-year program will begin on June 25, 2026, and continue until the date that Pollard Banknote purchases the maximum allowable number of common shares under the NCIB or June 24, 2027, whichever is earlier. Decisions regarding the timing of future purchases of common shares will be based on market conditions, share price and other factors. Pollard Banknote may elect to suspend or discontinue its NCIB at any time.

Pollard Banknote is undertaking the NCIB because its management believes that currently, and, from time to time, the market price of its common shares may not reflect the underlying value of the company's business and prospects. Management believes that, at such times, the purchase of common shares for cancellation would be in the best interests of the company's shareholders and an appropriate use of capital.

All share purchases will be made at prevailing market prices through the facilities of the TSX and/or alternative trading systems in Canada. All shares purchased under the NCIB will be cancelled.

As of the close of business on June 19, 2026, Pollard Banknote has 27,067,669 issued and outstanding common shares. Pollard Banknote's daily purchase limit under the NCIB will be 7,903 common shares, other than block purchases, which represent 25 per cent of the average daily trading volume of 31,612 common shares per day over the six calendar months ended May 31, 2026.

About Pollard Banknote Ltd.

Pollard Banknote is a partner of choice to responsibly drive revenues for good causes both at retail and through digital channels for lotteries and charitable gaming markets around the world. Pollard Banknote empowers its customers to maximize success through innovative offerings, strategic marketing, portfolio management, analytics, and end-to-end warehousing and logistics services. Pollard Banknote offers an extensive high-performing gaming lineup, including instant tickets, pull-tab tickets and vending machines, the full range of paper and electronic bingo products, and cutting-edge electronic pull-tab gaming solutions. Pollard Banknote's Schafer Retail Solutions Plus portfolio delivers impactful retail ticket merchandising and in-lane options. Pollard Banknote's player-facing digital suite includes apps, websites, loyalty programs and the transformative Pollard Catalyst gaming platform, which powers Pollard Banknote's turnkey i-lottery program. Established in 1907, Pollard Banknote is owned approximately 64 per cent by the Pollard family and 36 per cent by public shareholders and is publicly traded on the TSX under the symbol PBL.

We seek Safe Harbor.