Core Viewpoint - Diamond Estates Wines & Spirits Inc. has received shareholder approval for a license agreement with Lassonde Holdings, indicating strong support for the company's strategic partnerships and future growth opportunities [1][2]. Company Overview - Diamond Estates Wines & Spirits Inc. is a producer of high-quality wines and ciders and serves as a sales agent for over 120 beverage alcohol brands across Canada [4]. - The company operates four production facilities, three located in Ontario and one in British Columbia, focusing on VQA wines under various well-known brand names [4]. License Agreement Details - The license agreement, dated May 10, 2024, was ratified by 97.77% of the votes cast by disinterested shareholders at a special meeting [2]. - The License Resolution required a majority vote from disinterested shareholders, excluding votes from the Lassonde Group [2]. Product Portfolio - The company’s wine portfolio includes renowned brands from various countries, such as Fat Bastard and Gabriel Meffre from France, Kaiken from Argentina, and Kings of Prohibition from Australia [6]. - The spirits portfolio features distinguished brands like Cofradia Tequila and Glen Breton Canadian whiskies, showcasing a diverse range of international offerings [7]. - In the beer, cider, and ready-to-drink categories, the company represents products such as Darling Mimosas from Ontario and Rodenbach beer from Belgium [8].

Core Points - Diamond Estates Wines & Spirits Inc. has entered into a Seventh Amendment to its Second Amended and Restated Credit Agreement with Bank of Montreal, effective November 10, 2025 [1] - The company expresses gratitude to Bank of Montreal for its support during its financial turnaround, as indicated by its Fiscal 2024/25 year-end and Q1 results [2] - The company will release its Q2 results towards the end of November [2] Company Overview - Diamond Estates Wines & Spirits Inc. produces high-quality wines and ciders and acts as a sales agent for over 120 beverage alcohol brands across Canada [3] - The company operates four production facilities, three in Ontario and one in British Columbia, producing predominantly VQA wines under various well-known brand names [3] Product Portfolios - The wine portfolio includes renowned brands such as Fat Bastard, Gabriel Meffre, and Kaiken, among others from various countries [5] - The spirits portfolio features distinguished brands like Tag Vodka, Ginslinger Gin, and Barnburner Whisky, as well as international brands from Mexico, Scotland, and the UK [6] - The beer, cider, and ready-to-drink (RTD) portfolio includes products from Ontario and international brands from Belgium, the Netherlands, and Germany [7] Credit Facilities - A bulge amount credit facility of $3,600,000 has been established, maturing on the earlier of the cancellation request date or March 27, 2026 [9] - A limited recourse guarantee has been added, granted by Lassonde Industries Inc. in favor of BMO, not exceeding the outstanding Bulge Amount [9] - Interest rates have been amended to Prime Rate plus 2.65% during the Temporary Bulge Period and Prime Rate plus 2.40% at all other times [9]