Mr. Rahim Bhaloo reports

PESORAMA ANNOUNCES C$25 MILLION BOUGHT DEAL PUBLIC OFFERING

Pesorama Inc. has entered into an agreement with Canaccord Genuity Corp., as lead underwriter and sole bookrunner on behalf of itself and a syndicate of underwriters, in connection with a bought deal public offering of 41,667,000 common shares of the company at a price of 60 cents per offered share for gross proceeds of $25,000,200.

The company has also granted the underwriters an option, exercisable, in whole or in part, at any time and from time to time, within 30 days after the closing of the offering, to purchase up to that number of additional offered shares at the offering price equal to 15 per cent of the number of offered shares issued pursuant to the offering.

The net proceeds of the offering are expected to be used to continue store expansion of the company's JOi Dollar Plus chain across Mexico, as well as general working capital purposes.

The offering will be completed pursuant to an underwriting agreement to be entered into by the company and the underwriters. The common shares will be offered by way of a prospectus supplement to the company's short form base shelf prospectus dated Sept. 23, 2026, to be filed in all provinces of Canada, other than Quebec. The prospectus supplement will contain important information about the offering and will be filed within two business days. The offered shares may also be offered by way of private placement in the United States and in offshore jurisdictions as agreed to between the company and the underwriters.

The offering is anticipated to close on or about Oct. 14, 2026, or such later date as the underwriters and the company may determine. The closing is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the TSX Venture Exchange.

The company has agreed to pay to the underwriters a cash commission equal to 6 per cent of the gross proceeds of the offering. In addition, the company has agreed to issue to the underwriters compensation warrants of the company to acquire in aggregate the number of common shares equal to 6 per cent of the number of common shares sold under the offering. Each compensation warrant will be exercisable for a period of 24 months following the closing date at an exercise price equal to the offering price. A reduced commission shall be payable in respect of offered shares sold to purchasers on a president's list.

The offering will be made in all provinces of Canada, other than Quebec, under the prospectus supplement, on a private placement basis in the United States to qualified institutional buyers pursuant to Rule 144A under the 1933 act, and internationally pursuant to applicable private placement exemptions.

Investors should read the prospectus supplement before making an investment decision. Access to the prospectus supplement and any amendments thereto is provided, and delivery thereof will be satisfied, in accordance with securities legislation relating to procedures for providing access to a prospectus supplement, a base shelf prospectus and any amendment to such documents.

About Pesorama Inc.

Pesorama is a Mexican value retailer that currently operates a chain of stores in Mexico under the brand name JOi Dollar Plus. Pesorama's stores offer a broad range of everyday household products, seasonal goods and pet supplies at affordable prices. The company's mission is to become Mexico's premier dollar store chain, targeting expansion to 500-plus locations across Mexico.

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