Core Viewpoint - Lassonde Industries Inc. has acquired a 10.0% unsecured convertible debenture of Diamond Estates Wines & Spirits Inc. for a total consideration of $1,330,079.78, which includes the principal amount of $1,304,000 plus accrued interest, through a privately negotiated transaction [1] Group 1: Acquisition Details - The acquisition was completed on January 19, 2026, and the debenture has a stated maturity date of November 9, 2026 [1] - Prior to the acquisition, Lassonde directly owned 32,846,506 common shares and $500,000 in principal amount of convertible debentures of Diamond Estates, representing approximately 51.56% of the issued and outstanding common shares [2] - Following the acquisition, Lassonde's total holdings increased to $1,804,000 in principal amount of convertible debentures, maintaining the same percentage of common shares [3] Group 2: Potential Ownership Post-Conversion - If Lassonde were to convert all its debentures, it would own approximately 54.00% of the issued and outstanding common shares [4] - If Lassonde Holding were to convert its debentures, it would own approximately 18.66% of the issued and outstanding common shares [4] - Combined, if both entities converted all their debentures, the Lassonde Group would own approximately 63.07% of the issued and outstanding common shares [4] Group 3: Strategic Intent - The acquisition was undertaken for investment purposes, and the Lassonde Group may acquire additional securities of Diamond Estates to assist with its strategic plan [5]