Jane Silverstone Segal Increases Number of Shares of DAVIDsTEA Inc. Under Her Control

Core Viewpoint - Jane Silverstone Segal has gained significant voting control over DAVIDsTEA Inc. following the transfer of shares from her late husband, increasing her holdings to 44.99% of the company's issued and outstanding common shares [1][2][3]. Shareholding Changes - Prior to the transfer, Jane Silverstone Segal held 127,087 common shares, representing 0.47% of DAVIDsTEA's total shares [2]. - After the transfer, her total holdings increased to 12,139,625 common shares, representing 44.99% of the issued shares [2][3]. - The late Mr. Herschel Segal also held 1,523 common shares directly, which will be transferred to Jane Silverstone Segal, further solidifying her control [4]. Future Actions - Jane Silverstone Segal reserves the right to acquire additional DAVIDsTEA shares or other securities in the future, depending on market conditions and other relevant factors [5]. Regulatory Compliance - An early warning report related to the share transfer has been filed and is available on SEDAR+ under DAVIDsTEA's profile, in accordance with Canadian securities legislation [6].