• 11.1% increase in comparable store sales(1)
• 24.0% growth in EBITDA(1)
  to $478.8 million, or 32.4% of sales
• Diluted net earnings per common share up 31.4% to $0.92
• Fiscal 2024 guidance for comparable store sales growth increased to between 11.0% to 12.0%

MONTREAL, Quebec, December 13, 2023 – Dollarama Inc. (TSX: DOL) (“Dollarama” or the “Corporation”)
today reported its financial results for the third quarter ended October 29, 2023.
Fiscal 2024 Third Quarter Highlights Compared to Fiscal 2023 Third Quarter Results

• Sales increased by 14.6% to $1,477.7 million
• Comparable store sales grew 11.1%, over and above 10.8% growth the previous year
• EBITDA increased by 24.0% to $478.8 million, or 32.4% of sales, compared to 29.9% of sales
• Operating income increased by 27.8% to $386.7 million, or 26.2% of sales, compared to 23.5% of
  sales
• Diluted net earnings per common share increased by 31.4% to $0.92, from $0.70
• 16 net new stores opened, compared to 18 net new stores
• 1,740,514 common shares repurchased for cancellation for a total consideration of $166.0 million
  “Sustained consumer demand for our broad range of affordable everyday products and strong execution in
  the third quarter of Fiscal 2024 drove double-digit same store sales growth for a sixth consecutive quarter
  as well as over 31% earnings per share growth. Our financial and operational performance year-to-date
  reflects the strength and relevance of our value proposition and business model in a challenging macroeconomic context,” said Neil Rossy, President and CEO.

 Dollarama Inc. (TSX: DOL) will release its financial results for the fourth quarter and fiscal year ended January 28, 2024, on Thursday, April 4, 2024 at 7:00 a.m. (ET).