Transcontinental Inc. Class A · TSX:TCL.A
Transcontinental Inc. Class A — Merger or Acquisition (December 2025)
17 slides from Transcontinental Inc. Class A's merger presentation, Dec 8, 2025
Slide 1: Divestiture of the Packaging Sector
Divestiture of the Packaging Sector December 8, 2025 www.tc.tc
Slide 2: Notes to readers
Notes to readers In this presentation, unless otherwise indicated, all financial data are prepared in accordance with International Financial Reporting Standards (IFRS) and the term ‘‘dollars’’ as well as the symbol ‘‘$’’ designate Canadian dollars. In this document, we also use non-IFRS financial m
Slide 3: Table of Contents
Table of Contents I. Transaction Summary II. Pro Forma TC III. Our Operating Sectors IV. Our Growth Strategy V. Appendix www.tc.tc
Slide 4: Transformational Transaction for TC
Transaction Our Operating Our Growth Pro Forma TC Appendix Summary Sectors Strategy TRANSFORMATIONAL TRANSACTION FOR TC • ProAmpac Holdings Inc. (“ProAmpac”) to acquire the packaging sector of Transcontinental Inc. (“TC”, “Transcontinental”, or the “Company”) for an enterprise value of $2.22 billion
Slide 5: Transaction Highlights
Transaction Our Operating Our Growth Pro Forma TC Appendix Summary Sectors Strategy TRANSACTION HIGHLIGHTS Strategic Rationale for the Transaction • Transaction with ProAmpac represents immediate realization of significant value creation to TC shareholders ‒ Strong alignment in core values: safety,
Slide 6: Investment Thesis: Strong Cash Flow Generation & Long-Term Vision
Transaction Our Operating Our Growth Pro Forma TC Appendix Summary Sectors Strategy INVESTMENT THESIS: STRONG CASH FLOW GENERATION & LONG-TERM VISION Diversified operations in Retail Services & Printing and Media (Educational Publishing) sectors Leadership position in most of our segments driven by
Slide 7: Pro Forma Transcontinental At-a-Glance
Transaction Our Operating Our Growth Pro Forma TC Appendix Summary Sectors Strategy PRO FORMA TRANSCONTINENTAL AT-A-GLANCE Core Value Proposition Net Sales Breakdown Retail Services & Printing Net by Sector Sales Composition by Segment Family-controlled business founded in 1976 10% 5% 8% $1.2B 15% $
Slide 8: Pro Forma Transcontinental At-a-Glance (Cont'd)
Transaction Our Operating Our Growth Pro Forma TC Appendix Summary Sectors Strategy PRO FORMA TRANSCONTINENTAL AT-A-GLANCE (CONT’D) We successfully shifted our portfolio towards growing market segments with favourable and actionable opportunities • Most notably, net sales for our high-growth ISM seg
Slide 9: Overview of Retail Services & Printing
Transaction Our Operating Our Growth Pro Forma TC Appendix Summary Sectors Strategy OVERVIEW OF RETAIL SERVICES & PRINTING The Retail Services and Printing sector leverages advanced printing technologies and large capabilities to efficiently handle a combination of long and short runs for all types
Slide 10: Overview of Retail Services & Printing (Cont'd)
Transaction Our Operating Our Growth Pro Forma TC Appendix Summary Sectors Strategy OVERVIEW OF RETAIL SERVICES & PRINTING (CONT’D) IN-STORE MARKETING (ISM) We deliver Canada’s most comprehensive in-store marketing solutions, encompassing content creation, digital asset management, direct mail, spec
Slide 11: Overview of Media (Educational Publishing)
Transaction Our Operating Our Growth Pro Forma TC Appendix Summary Sectors Strategy OVERVIEW OF MEDIA (EDUCATIONAL PUBLISHING) We are the #1 Canadian French-language educational publisher and distributor with a strong digital and EdTech presence • Extensive catalogue of nearly 17,500 educational tit
Slide 12: Strong Financial Position to Accelerate Growth Strategy
Transaction Our Operating Our Growth Pro Forma TC Appendix Summary Sectors Strategy STRONG FINANCIAL POSITION TO ACCELERATE GROWTH STRATEGY Strong Financial Position Strategic Acquisitions • LTM July 2025 Adjusted EBITDA1 margin of • Drive continued acceleration of growth in the approximately 19% IS
Slide 13: Acceleration of Acquisition-Driven Growth
Transaction Our Operating Our Growth Pro Forma TC Appendix Summary Sectors Strategy ACCELERATION OF ACQUISITION-DRIVEN GROWTH Industry-leading platform built Invested >$250M since 2013 Robust pipeline of actionable through strategic acquisitions over primarily to support growth activities ISM target
Slide 14: Near-Term Value Creation Initiatives
Transaction Our Operating Our Growth Pro Forma TC Appendix Summary Sectors Strategy NEAR-TERM VALUE CREATION INITIATIVES • Product & Service Expansion: Launch new offerings in ISM, expanded studio services, and AI-enabled workflows • Customer Penetration: Deepen engagement with existing clients Stra
Slide 15: Our Long-Term Plan Remains Unchanged
Transaction Our Operating Our Growth Pro Forma TC Appendix Summary Sectors Strategy OUR LONG-TERM PLAN REMAINS UNCHANGED Our Top Priorities Grow profits People & Culture Transformation Diversification Deliver strong return on assets Cultivate a positive and Further solidify a leading Continue to div
Slide 16: Reconciliation of Non-IFRS Financial Measures
Transaction Our Operating Our Growth Pro Forma TC Appendix Summary Sectors Strategy RECONCILIATION OF NON-IFRS FINANCIAL MEASURES Table 1 - Reconciliation of certain non-IFRS financial measures: Transcontinental LTM ended July 27, 2025 Reconciliation of operating earnings to (in millions of Canadian
Slide 17: Contact Information
Contact Information Yan Lapointe Senior Director, Investor Relations & Treasury Transcontinental Inc. 1 Place Ville Marie, Suite 3240 Montréal (QC) H3B 0G1 Telephone: 514 954-3574 yan.lapointe@tc.tc www.tc.tc
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