DYE & DURHAM ANNOUNCES TORONTO STOCK EXCHANGE DEFERRAL OF CONSIDERATION OF SHAREHOLDER RIGHTS PLAN

Date:

TORONTO, Oct. 10, 2025 /CNW/ – Dye & Durham Limited (“Dye & Durham” or the “Company”) (TSX: DND) today announced that it has been notified by the Toronto Stock Exchange (the “TSX”) that the TSX will, in accordance with the practice of the TSX in connection with similar shareholder rights plans, defer consideration of the acceptance of the Company’s recently announced limited duration shareholder rights plan (the “SRP”) until such time as it is satisfied that the appropriate securities commission will not intervene pursuant to National Policy 62-202 –  Take-Over Bids – Defensive Tactics in any takeover bid for the Company.

The deferral of acceptance of the SRP by the TSX does not affect the adoption or operation of the SRP, which will remain operative and effective for a minimum of six months from the date of adoption of the SRP, unless terminated earlier in accordance with the terms of the shareholder rights plan agreement.

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