Mr. Ted Daniel reports

TITANIUM ANNOUNCES CLOSING OF PLAN OF ARRANGEMENT

Titanium Transportation Group Inc. has successfully completed its previously announced plan of arrangement under the Canada Business Corporations Act.

Pursuant to the transaction, TTNM Management Acquisition Ltd. acquired, with an effective date of March 31, 2026, all of the issued and outstanding common shares of Titanium, for cash consideration of $2.22 per common share, other than common shares owned by the rollover shareholders (as defined in the company's management information circular dated Feb. 4, 2026). The transaction was approved by the shareholders of the company at a special meeting held on March 10, 2026, and by the Ontario Superior Court of Justice (Commercial List) on March 18, 2026.

As a result of the completion of the transaction, the common shares are expected to be delisted from the Toronto Stock Exchange and from quotation on the OTCQX on or about April 2, 2026. The company intends to apply to cease to be a reporting issuer under Canadian securities laws in all Canadian jurisdictions in which it is a reporting issuer.

Further details regarding the transaction, including with respect to payment of the consideration for common shares, are provided in the circular and the letter of transmittal, copies of which are available under Titanium's SEDAR+ profile.

Action required by Titanium shareholders

Registered shareholders of Titanium are reminded to submit a duly completed letter of transmittal and the share certificate(s) and/or DRS advice(s), as applicable, representing their common shares to TSX Trust Company, the company's depositary, to receive the consideration.

If you have questions or require further information about the procedures to complete your letter of transmittal, please contact TSX Trust at 1-866-600-5869 (toll-free within North America), 416-342-1091 (outside of North America) or by e-mail at tsxtis@tmx.com.

Non-registered shareholders of Titanium whose shares are registered in the name of an intermediary (such as a nominee, broker, investment dealer, bank, trust company or other intermediary) are not required to submit a letter of transmittal and should contact that intermediary for instructions and assistance in depositing their common shares.

Required early warning disclosure

A copy of Trunkeast Investments Canada Ltd.'s early warning report will be filed under Titanium's SEDAR+ profile and will be available upon request by contacting Ted Daniel by e-mail at ted.daniel@ttgi.com.

About Titanium Transportation Group Inc.

Titanium is a North American transportation company with asset-based trucking operations and logistics brokerages servicing Canada and the United States, with approximately 775 power units, 2,800 trailers, and 1,300 employees and independent owner-operators. Titanium provides truckload, dedicated and cross-border trucking services, logistics, and warehousing and distribution to over 1,000 customers. Titanium has established both asset-based and brokerage operations in Canada and the United States, with 18 locations. Titanium is a recognized purchaser of asset-based trucking companies, having completed 13 transactions since 2011. Titanium ranked among the top 500 companies in the inaugural Financial Times Americas' Fastest Growing Companies in 2020. The company was ranked by Canadian Business as one of Canada's Fastest Growing Companies for 11 consecutive years. For four consecutive years, Titanium has also been ranked one of Canada's Top Growing Companies by The Globe and Mail's Report on Business of Canada.

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