Savaria Corporation Announces Normal Course Issuer Bid

LAVAL, Québec, Nov. 13, 2026 (GLOBE NEWSWIRE) -- Savaria Corporation (“Savaria”) (TSX: SIS), one of the global leaders in the accessibility industry, is pleased to announce that the Toronto Stock Exchange (the “TSX”) has accepted Savaria’s notice of intention to make a normal course issuer bid (the “NCIB”). Pursuant to the NCIB, Savaria proposes to purchase, from time to time, if considered advisable, up to an aggregate of 1,000,000 of its common shares (“Common Shares”), being approximately 1.38% of its 72,269,829 issued and outstanding Common Shares as of November 9, 2026, through the facilities of the TSX, other designated exchanges and/or alternative Canadian trading systems or by such other means as may be permitted by the applicable securities regulator. The price that Savaria will pay for any Common Shares acquired by it will be the market price of the Common Shares at the time of acquisition. In case of off-exchange purchases, purchases may be at a discount to the prevailing market price. Purchases may commence on November 17, 2026 and will conclude on the earlier of the date on which purchases under the NCIB have been completed and November 16, 2027.