Savaria Corporation — Proxy Solicitation & Information Statement 2026

Apr 7, 2026

SAVARIA CORPORATION

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

Dear Shareholder,

You are cordially invited to attend the annual general meeting of the shareholders (the "Meeting") of Savaria Corporation (the "Corporation") which will be held at Le Centre Sheraton Montreal Hotel, in the Jarry-Joyce and Musset rooms, located at 1201, boul. René-Lévesque Ouest, Montreal, Québec, on May 7, 2026, at 11:00 a.m. (EDT) (the "Notice of Meeting") for the following purposes:

a) to receive the audited financial statements of the Corporation for the year ended December 31, 2025, and the report of its auditor;
b) to elect the directors for the ensuing year;
c) to appoint KPMG LLP as the Corporation's auditor for the ensuing year and to authorize the directors to fix their remuneration; and
d) to transact such other business as may properly be brought before the Meeting or any reconvened Meeting following its adjournment.

The Corporation has elected to use the Notice and Access rules adopted by the Canadian Securities Administrators to reduce the volume of paper in the Meeting materials distributed for the Meeting. Instead of receiving the accompanying management proxy circular (the "Proxy Circular") with the proxy form or voting instruction form, shareholders will receive a Notice of Meeting with instructions on how to access the remaining Meeting materials online. The accompanying Proxy Circular and other relevant materials are available on the Internet at https://www.savaria.com/our-company/investors?lang=en or under the Corporation's profile on SEDAR+ at www.sedarplus.ca. Shareholders are advised to review the Meeting materials prior to voting.

Any shareholder who wishes to receive a paper copy of the Meeting materials may, at no cost, request printed copies, no later than April 22, 2026. Any shareholder with a 15-digit control number who wishes to receive a paper copy of the Meeting materials may, at no cost, request printed copies by calling the toll-free number 1-866-962-0498 if they are in North America, or by calling 514-982-8716 if they are outside North America. Any shareholder with a 16-digit control number who wishes to receive a paper copy of the Meeting materials may, at no cost, request printed copies by calling, no later than April 22, 2026, the toll-free number 1-877-907-7643.

Shareholders may exercise their rights by attending the Meeting or by completing the enclosed instrument of proxy ("Proxy Form"). If you are unable to attend the Meeting in person, please complete, date and sign the enclosed Proxy Form and return it in the envelope provided. Proxy Forms must be received by Computershare Investors Services (14th floor, 320 Bay Street, Toronto ON M5H 4A6) no later than 5:00 p.m. EDT on May 5, 2026, or, if the Meeting is adjourned, not less than forty-eight (48) hours (excluding Saturdays, Sundays and holidays) before the time of the reconvened Meeting, otherwise the Proxy Form may be invalid. Shareholders of record at the close of business on March 27, 2026, are entitled to receive notice of and vote at the Meeting.

Your participation as a shareholder is very important to our Corporation. Please ensure your shares are represented at the Meeting.

By order of the Board of Directors,

(s) Marcel Bourassa

Marcel Bourassa, Executive Chairman

Laval, Québec

March 30, 2026