Colabor Group Releases Results of Shareholder Votes

BOUCHERVILLE, Quebec, May 04, 2021 (GLOBE NEWSWIRE) -- Colabor Group Inc. (TSX: GCL) (“Colabor” or the “Corporation”) held its Annual Meeting of shareholders (the “Meeting”) on May 4, 2021. A total of 77,745,115 common shares representing 76.25% of the issued and outstanding shares of the Corporation were represented in person and by proxy at the Meeting.

At this Meeting, the following resolutions were approved:

Election of Directors

The seven candidates nominated as Directors were duly elected to the Board of Directors of Colabor by majority vote, as follows:

NAMES	IN FAVOR			WITHHELD
	Number	%		Number	%
Danièle Bergeron	76,161,724	99.20	%	612,100	0.80	%
Robert J. Briscoe	67,536,201	87.97	%	9,237,623	12.03	%
J. Michael Horgan	76,201,133	99.25	%	572,691	0.75	%
Robert B. Johnston	75,158,020	97.90	%	1,615,804	2.10	%
Denis Mathieu	76,003,033	99.00	%	770,791	1.00	%
François R. Roy	76,326,664	99.42	%	447,160	0.58	%
Warren White	76,243,464	99.31	%	530,360	0.69	%

Appointment of Auditor

The resolution appointing PricewaterhouseCoopers LLP/s.r.l./s.e.n.r.l., to act as auditor of the Corporation until the next Annual Meeting of shareholders or until the appointment of its successor, and authorizing the Board of Directors of the Corporation to fix its remuneration, was approved in a proportion of 99.99%.

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 two operating segments, Colabor offers specialty food products such as fresh fish and seafood, meat, as well as food and related products through its Broadline activities.

Further information:

Marie-France Laberge Corporate Controller and Interim Chief Financial Officer Colabor Group Inc Tel.: [phone] extension 1272 [e-mail]

Danielle Ste-Marie Ste-Marie Strategy and Communications Inc. Investor Relations 450-449-0026 ext. 1180