CCL Industries Announces Intention to Renew Normal Course Issuer Bid and Automatic Securities Purchase Plan

TORONTO, ON / ACCESS Newswire / May 14, 2026 / CCL Industries Inc. (the "Company" or "CCL") (TSX:CCL.A, CCL.B), a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, announced today that the Company intends to file with the Toronto Stock Exchange (the "TSX") as soon as practicable a notice of intention to renew its normal course issuer bid (the "NCIB") to purchase its Class B non-voting shares. In addition, the Company intends to enter into an automatic securities purchase plan (the "ASPP") in connection with the NCIB, which will allow for the purchase of Class B non-voting shares at times when the Company would not ordinarily be permitted to purchase shares due to customary blackout periods.

If this notice is accepted by the TSX, the Company expects to purchase for cancellation, during the 12 months following such acceptance, up to 14,100,000 Class B non-voting shares representing approximately 9.96% of the public float of the Class B non-voting shares of the Company. Purchases under the NCIB will be conducted in the open market or as otherwise permitted, subject to the terms and limitations applicable to the NCIB, and upon parameters set by the Company when it is not in possession of any material non-public information about itself and its securities, in accordance with the terms of the ASPP. There cannot be any assurance as to how many Class B non-voting shares, if any, will ultimately be purchased by the Company. The Company believes that the purchase of Class B non-voting shares under the NCIB will be in the best interest of the Company and will represent an appropriate and desirable use of available funds.

The Company's current NCIB, announced in May of 2025 for the purchase of up to 14,450,000 Class B non-voting shares, will expire on May 25, 2026. As at the close of trading on May 13, 2026, CCL has purchased 4,216,928 Class B non-voting shares at a volume-weighted average price of approximately $82.84. Purchases were made through the facilities of the TSX and all shares purchased were cancelled.

Forward-looking Statements

This press release contains forward-looking information and forward-looking statements (hereinafter collectively referred to as "forward-looking statements"), as defined under applicable securities laws, that involve a number of risks and uncertainties. Forward-looking statements include all statements that are predictive in nature or depend on future events or conditions. Forward-looking statements are typically identified by the words "believes," "expects," "anticipates," "estimates," "intends," "plans" or similar expressions. Statements regarding the operations, business, financial condition, priorities, ongoing objectives, strategies and outlook of the Company, other than statements of historical fact, are forward-looking statements. Specifically, this press release contains forward-looking statements regarding the number of Class B shares that might be acquired under the NCIB.

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