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Colabor Group Declaration of Voting Results & Voting Rights Announcements 2021

May 4, 2021

45829_rns_2021-05-04_4c18efca-0f12-41f6-828e-9d515692faee.pdf

Declaration of Voting Results & Voting Rights Announcements

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PRESS RELEASE FOR IMMEDIATE DISTRIBUTION

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COLABOR GROUP RELEASES RESULTS OF SHAREHOLDER VOTES

Boucherville, Quebec, May 4, 2021 – 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:

IN FAVOR WITHHELD
NAMES
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:

Danielle Ste-Marie

Marie-France Laberge Danielle Ste-Marie Corporate Controller and Interim Chief Financial Ste-Marie Strategy and Communications Inc. Officer Investor Relations Colabor Group Inc 450-449-0026 ext. 1180 Tel.: 450-449-4911 extension 1272 [email protected]

1620 De Montarville Blvd., Boucherville, QC J4B 8P4 Tel.: 450-449-4911 Fax: 450-449-6180 www.colabor.com