Optimization of TC Transcontinental's printing network: Owen Sound facility to close at end of January. MONTREAL, Oct. 14, 2026 (GLOBE NEWSWIRE) - TC Transcontinental (TSX: TCL.A TCL.B) announced today that it will close its Owen Sound, Ontario, printing facility at the end of January 2027 as part of the optimization of its integrated national printing network. "Continued productivity improvements across our printing network, combined with changes in our product mix, enable us to consolidate production in other facilities. As a result, we have made the difficult decision to close our Owen Sound plant," said Patrick Brayley, Chief Operating Officer, TC Transcontinental. "This decision, which affects a plant that has been part of TC Transcontinental since 1992, was not made lightly. We sincerely regret the impact on our approximately 360 employees, their families and the Owen Sound community. We are deeply grateful to our current and former employees for their hard work and commitment over the years, and we will support our employees with respect throughout this transition, including through career transition services. We will also work closely with our customers through the transition." "TC Transcontinental has always evolved by adapting to changing markets, transforming its activities and making disciplined decisions that, while sometimes difficult, are driven by the company's long-term future," said Sam Bendavid, Chief Executive Officer, TC Transcontinental. "As we expand in our growth segments, including In-Store Marketing & Specialty and Educational Publishing, while stabilizing our traditional printing activities, we must continue to take the steps required to build an even more competitive organization. I want to acknowledge the important role our Owen Sound employees have played in our company's journey and express my sincere appreciation for their contribution and professionalism." TC Transcontinental's presence in Ontario will remain strong, with approximately 40% of its employees working in the province. Its Ontario operations include a state-of-the art facility in Vaughan for the Marketing and Information Group; Aurora, Brampton and Paris for the In-Store Marketing and Specialty Group; and Mississauga for the Content and Business Intelligence Group. TC Transcontinental also operates facilities in British Columbia, Alberta, Manitoba, Québec and Nova Scotia. Forward-looking Statements Our public communications often contain oral or written forward-looking statements which are based on the expectations of management and inherently subject to a certain number of risks and uncertainties, known and unknown. By their very nature, forward-looking statements are derived from both general and specific assumptions. The Corporation cautions against undue reliance on such statements since actual results or events may differ materially from the expectations expressed or implied in them. Forward-looking statements may include observations concerning the Corporation's objectives, strategy, anticipated financial results and business outlook. The Corporation's future performance may also be affected by a number of factors, many of which are beyond the Corporation's will or control. These factors include, but are not limited to the impact of digital product development and adoption, the impact of changes in the participants in the distribution of newspapers and printed advertising materials and the disruption in their activities resulting mainly from labour disputes, including at Canada Post, the impact of regulations or legislation regarding door-to-door distribution on the printing of paper flyers or printed advertising materials, inflation and recession risks, economic conditions and geopolitical uncertainty, environmental risks as well as adoption of new regulations or amendments and changes to consumption habits, risk of an operational disruption that could be harmful to its ability to meet deadlines, the worldwide outbreak of a disease, a virus or any other contagious disease could have an adverse impact on the Corporation's operations, the ability to generate organic long-term growth and face competition, a significant increase in the cost of raw materials, the availability of those materials and energy consumption could have an adverse impact on the Corporation's activities, the ability to complete business acquisitions and disposals and properly integrate acquisitions, cybersecurity, data protection, warehousing and usage, the impact of digital product development and adoption on the demand for printed products other than flyers, the failure of patents, trademarks and confidentiality agreements to protect intellectual property, a difficulty to attract and retain employees, bad debts from certain customers, import and export controls, duties, tariffs or taxes, exchange rate fluctuations, increase in market interest rates with respect to its financial instruments as well as availability of capital at a reasonable cost, the legal risks related to its activities and the compliance of its activities with applicable regulations, the impact of major market fluctuations on the solvency of defined benefit pension plans, changes in tax legislation and disputes with tax authorities or amendments to statutory tax rates in force, the impact of impairment tests on the value of assets and a conflict of interest between the controlling shareholder and other shareholders. The main risks, uncertainties and factors that could influence actual results are described in the Management's Discussion and Analysis for the fiscal year ended October 26, 2025, and in the latest Annual Information Form. Unless otherwise indicated by the Corporation, forward-looking statements do not take into account the potential impact of non-recurring or other unusual items, nor of disposals, business combinations, mergers or acquisitions which may be announced or entered into after the date of October 14, 2026. The forward-looking statements in this press release are made pursuant to the "safe harbour" provisions of applicable Canadian securities legislation. The forward-looking statements in this release are based on current expectations and information available as at October 14, 2026. Such forward-looking information may also be found in other documents filed with Canadian securities regulators or in other communications. The Corporation's management disclaims any intention or obligation to update or revise these statements unless otherwise required by the securities authorities. About TC Transcontinental Founded 50 years ago and 4,200 employees strong, Transcontinental Inc. (TSX: TCL.A TCL.B), known under the TC Transcontinental brand, is a Canadian retail marketing services company, Canada's largest printer, and the Canadian leader in French-language educational publishing. Driven by the vision of a more informed, educated and prosperous society, TC Transcontinental propels its clients' success across the retail, education, book and information industries. With agility, creativity and boldness, we design and deliver innovative, high-value products and services. For information: | Media François Taschereau 514 589-5762 [email protected] | Financial Community Yan Lapointe Senior Director, Investor Relations & Treasury TC Transcontinental 514 954-3574 [email protected] | Company Profile Transcontinental Inc. Industry: Telecommunications Website: https://tctranscontinental.com/ Recommended reading.

Transcontinental Inc reported Q3 2026 revenue growth of 3.8% year-over-year, reaching $60.9 million in adjusted EBITDA, driven by acquisitions and the nationwide rollout of Radar. The digital flyer platform now reaches approximately 11 million households, representing three in four Canadian homes, with strong advertiser interest. The ISM and Specialty business delivered 38% revenue growth to $99.7 million, with nearly 7% organic growth. Integration synergies exceeded expectations. Adjusted earnings per share from continuing operations improved 18.5% to $0.32. Traditional flyer printing and newspaper activities experienced volume declines. Books and education revenue decreased 5.7% to $73.1 million due to order timing, though recovery is expected in Q4. Net debt decreased to 2.06 times EBITDA, with the company targeting around 1.75 times by year-end. Management noted Radar generated higher revenue than traditional retail flyers but cautioned it's too early to quantify profitability impacts.

Transcontinental Q3 earnings call highlights. Transcontinental (TSE:TCL.A) reported higher revenue, adjusted EBITDA and adjusted earnings per share in its fiscal 2026 third quarter, supported by recent in-store marketing and specialty products acquisitions, cost-reduction initiatives and the national rollout of its raddar retail-media distribution platform. Chief Executive Officer Sam Bendavid said the company's improved third-quarter performance reinforced management's confidence that it can finish fiscal 2026 in line with its outlook. Management continues to expect adjusted EBITDA for the full year to be in line with the prior year. Quarterly revenue rose 3.8% from a year earlier, while adjusted EBITDA increased 4.1% to C$60.9 million. Adjusted earnings per share from continuing operations climbed 18.5% to C$0.32, compared with C$0.27 in the prior-year period. Chief Financial Officer Donald LeCavalier said revenue growth was driven primarily by acquisitions in the company's in-store marketing and specialty products, or ISM, business, partly offset by lower volumes in traditional operations. Cost-reduction efforts and acquisitions also supported EBITDA, though lower traditional-printing volumes limited the gain. Retail services and printing growth. Revenue in Transcontinental's retail services and printing segment increased 7.1% to C$233.3 million. The gain reflected recent acquisitions and the nationwide expansion of raddar, partly offset by lower traditional flyer-printing volumes. The ISM and specialty-products business recorded revenue growth of 38% to C$99.7 million. While acquisitions accounted for a substantial portion of the increase, Bendavid and LeCavalier said the business delivered roughly 7% organic revenue growth during the quarter. Segment adjusted EBITDA rose 2.3% to C$49.4 million. Management said the acquired businesses and cost initiatives helped profitability, but lower traditional flyer volumes and the changing revenue mix weighed on margins. LeCavalier noted that ISM margins are improving but remain below those of the company's flyer and newspaper activities. Discover more Stock broker services Track Market Trends Veracyte stock analysis Bendavid said integration of recent ISM acquisitions is proceeding ahead of plan. The company has consolidated operations into existing platforms and is capturing procurement and operational synergies that are lifting margins by "a couple of percentage points," he said. Management described the acquisition pipeline in ISM as strong and said the business could potentially double in size over time. Raddar rollout reaches most Canadian households. Transcontinental completed the nationwide raddar rollout in mid-June, expanding distribution from about 5 million to more than 11 million households in one step. Bendavid said raddar is now delivered weekly to approximately three out of four Canadian households. The company said advertiser interest has been encouraging, including from grocery, pharmacy and home-improvement retailers. The platform generated a revenue contribution in the third quarter, and LeCavalier said the impact totaled a few million dollars as Transcontinental took on distribution across Canada through Canada Post that had previously been handled by other parties. However, management said it was too early to quantify the longer-term profitability and revenue-growth effects of raddar. LeCavalier said the rollout had no material bottom-line impact during the quarter and did not require significant incremental investment in the period. The company may consider additional technology investments in future years to support the platform, depending on opportunities. Books and education timing expected to reverse. Revenue in the books and education segment declined 5.7% to C$73.1 million from C$77.5 million a year earlier. Adjusted EBITDA fell C$1.1 million to C$20.5 million, reflecting a temporary volume shift and foreign-exchange effects. LeCavalier said the revenue decline was largely tied to the timing of education orders, including supplier-delivery issues, and management expects the shortfall to be recovered in the fourth quarter. He added that the company is encouraged by book-printing demand, saying it has replaced business from a prior-year one-time project with work expected to recur annually. Discover more Join Trading Exchanges Stock market data NASDAQ stock recommendations Management said the company's fiscal year ends Oct. 25 and acknowledged that the timing of the final week could affect results. Still, LeCavalier reiterated confidence in delivering year-over-year flat adjusted EBITDA for the full year, supported in part by expected normalization in education sales. Debt reduction and capital allocation. Cash flow from operating activities totaled C$25 million in the quarter, down from C$36.5 million a year earlier, primarily because of higher tax payments. Capital expenditures were C$19.8 million, and management maintained its full-year CapEx expectation of about C$60 million. The sale of two buildings, including the Boucherville warehouse, generated net proceeds of C$36.5 million during the quarter. Net debt to adjusted EBITDA improved to 2.06 times at quarter-end from 2.14 times three months earlier. Management expects the ratio to decline to roughly 1.75 times by fiscal year-end, largely due to a seasonal working-capital improvement in the fourth quarter. Transcontinental has generated C$60 million from real-estate monetization since launching the program more than two years ago. It has listed a Montreal building and continues to market a Saint-Hyacinthe property, with management expecting the two sales over the next 12 months could help it reach its original C$100 million target. On capital allocation, LeCavalier said the company's near-term priorities are dividends, potential ISM or education acquisitions, debt repayment and capital expenditures. Management did not provide an outlook for fiscal 2027, saying its immediate focus remains on completing fiscal 2026. About Transcontinental (TSE:TCL.A). Transcontinental, or TC Transcontinental, is a Canadian printer and flexible packaging provider that operates in three segments: packaging, printing, and other. Its packaging segment features the production of different plastic products geared toward consumer goods. Production plants specialize in extrusion, lamination, printing, and converting. The company offers premedia, printing, and distribution services through the printing segment. Publishers, retailers, cataloguers, and marketers are some of the customers who tap TC Transcontinental for these printing solutions. Discover more Biotechnology stock analysis Trade Financial Derivatives Medical device stocks