Colabor Group Inc. has entered into forbearance agreements with its principal lenders, including The Toronto-Dominion Bank, Bank of Montreal, and The Bank of Nova Scotia, to temporarily forbear from exercising their rights and remedies related to financial covenants for the third and fourth quarters of 2025. Discussions are ongoing for potential amendments to the credit facilities to support long-term stability and growth. The forbearance period is effective until October 15, 2025, following a cybersecurity incident in July 2025. Colabor remains committed to meeting obligations and implementing its business plan for long-term stability and growth.

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