Mr. Mike Walton reports

ROGERS SUGAR ANNOUNCES RATIFICATION OF COLLECTIVE AGREEMENT AT MONTREAL REFINERY

Le Syndicat des Travailleuses et Travailleurs de Sucre Lantic -- CSN, the main bargaining unit representing the majority of employees at Rogers Sugar Inc.'s Montreal refinery, has ratified a new five-year agreement.

The Montreal refinery employs about 240 unionized workers. Over the past few months, the company and the union have met on several occasions with the objective of reaching a new collective agreement. The previous agreement expired on May 31, 2026.

"The ratification of this five-year agreement is a positive outcome for everyone at the Montreal refinery," said Mike Walton, president and chief executive officer of Rogers Sugar. "We are committed to a stable and productive working environment, and this agreement reflects that shared interest. This new agreement will anchor our continued commitment to our customers and support the completion our LEAP project, strengthening our position as a leading supplier to the Canadian food industry."

About Rogers Sugar Inc.

Rogers is a corporation established under the laws of Canada. The corporation holds all of the common shares of Lantic, and its administrative office is in Montreal, Que. Lantic operates cane sugar refineries in Montreal, Que., and Vancouver, B.C., as well as the only Canadian sugar beet processing facility in Taber, Alta. Lantic also operates a distribution centre in Toronto, Ont. Lantic's sugar products are mainly marketed under the Lantic trademark in Eastern Canada and the Rogers trademark in Western Canada, and include granulated, icing, cube, yellow and brown sugars, liquid sugars, and specialty syrups. Lantic owns all of the common shares of Lantic Maple Inc. (formerly known as The Maple Treat Corp.), and its head office is headquartered in Montreal, Que. Lantic Maple operates bottling plants in Granby, Degelis and in St-Honore-de-Shenley, Que., and in Websterville, Vt. Lantic Maple products include maple syrup and derived maple syrup products supplied under retail private label brands in approximately 50 countries and sold under various brand names.