Colabor Group Inc. Announces a Cybersecurity Incident

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SAINT-BRUNO-DE-MONTARVILLE, Québec, July 21, 2025 (GLOBE NEWSWIRE) -- Colabor Group Inc. ("Colabor” or the "Company”) (TSX: CGL) announced that it identified a cybersecurity incident on July 20 that impacted its internal IT systems.

Upon detecting the incident, Colabor took immediate steps to protect its network and data. This included retaining leading cybersecurity experts to assist with containment and remediation efforts, as well as conducting a thorough investigation to understand the scope and impact of the incident.

As the investigation is ongoing, the full scope, nature and impact of the incident, including the extent to which any customer, supplier or employee data has been accessed, is not yet known. The incident may result in disruptions until the relevant systems are fully restored.

About Colabor

Colabor is a distributor and wholesaler of food and related products serving the hotel, restaurant and institutional markets or "HRI” in Quebec and in the Atlantic provinces, as well as the retail market. Within its operating activities, Colabor offers specialty food products such as fish and seafood, meat, as well as food and related products through its Broadline activities.

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Further information:

Pascal Rodier

General Counsel and Corporate Secretary

Groupe Colabor Inc.

Tel.: 450-449-4911 ext. 1312

[email protected] Ste-Marie

Ste-Marie Strategy and Communications Inc.

Investors Relations

Tel.: 450-449-0026 ext. 1180

   Forward-Looking Statements

This news release contains certain statements that may be deemed to be forward-looking statements reflecting the opinions or current expectations of Colabor Group Inc. concerning its performance, business operations and future events. Such statements are subject to risks, uncertainties and assumptions and the analysis of the debt structure and available alternatives, and risks mentioned in the Company’s annual information form found under its profile on SEDAR+ (www.sedarplus.ca), such as the risk of dilution for existing shareholders. As such, these statements are not guarantees of future performance, and actual results, realities or events may differ materially. Except as required by law, the Company assumes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions or other factors change.

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