Decisive Dividend Corporation Announces Two Strategic Tuck-in Acquisitions

KELOWNA, BC, July 22, 2025 /CNW/ - Decisive Dividend Corporation (TSXV: DE) (the "Corporation" or "Decisive") is pleased to announce that its wholly-owned United Kingdom based subsidiary, Techbelt Ltd. ("Techbelt"), has completed two strategic tuck-in acquisitions. Techbelt has acquired Blackburn Conveyor Systems ("Blackburn") as well as the assets of NK Technics' United Kingdom based conveyor belt business ("NK"), for aggregate cash consideration of $0.8 million, from arm's length parties.

These acquisitions allow Techbelt to expand its polyurethane ("PU") and polyvinyl chloride ("PVC") belting products, diversifying its product suite, while also adding conveyor fabrication and servicing capabilities to its business offering. These acquisitions strengthen Techbelt's ability to serve its existing customers with PU and PVC products and complementary conveyor system fabrication and servicing, as well as expand into a broader range of industries and applications. In addition, the acquisitions provide additional space, equipment and people to meet the strong demand from Techbelt's growing customer base while continuing to service the customers of Blackburn and NK.

Simon Sparkes, Managing Director of Techbelt, noted:

"I wish Peter Hicks of Blackburn and his team a very warm welcome to Techbelt and the wider Decisive group of companies. Blackburn is a fantastic company with a strong reputation for high quality products and exceptional levels of service. This strategic acquisition, coupled with the acquired assets of NK will add specific engineering capabilities to our United Kingdom portfolio with greater upsides for our customers."

Jeff Schellenberg, Chief Executive Officer of Decisive, noted:

"These two acquisitions are great additions to Techbelt, with the additional capabilities and customers Blackburn and NK provide building on a business that has performed very well post-acquisition. These acquisitions are aligned with our focus of acquiring within the industry verticals we have previously invested in. We also have the benefit of plugging these two businesses into Techbelt's high-performing leadership team, lead by Simon, an approach that will fast-forward integration in a customer-focused way for the benefit of Decisive shareholders.

Additionally, we continue to see a strong flow of acquisition opportunities within our existing five focused business verticals as we execute on our strong pipeline of acquisition prospects. Further, the increase in the available capacity we have under our credit facilities as well as the cost of capital improvement from a significantly improved payout ratio, which demonstrates the sustainability of our dividend, can support the financing necessary for further acquisition activity. We look forward to providing further updates to our shareholders as our M&A program unfolds."

About Decisive Dividend Corporation

Decisive Dividend Corporation is an acquisition-oriented company, focused on opportunities in manufacturing. The Corporation's purpose is to be the sought-out choice for exiting legacy-minded business owners, while supporting the long-term success of the businesses acquired, and through that, creating sustainable and growing shareholder returns. The Corporation uses a disciplined acquisition strategy to identify already profitable, well-established, high quality manufacturing companies that have a sustainable competitive advantage, a focus on non-discretionary products, steady cash flows, growth potential and established, strong leadership.

For more information on Decisive, or to sign up for email notifications of Corporation press releases, please visit www.decisivedividend.com.

Cautionary Statements

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains forward-looking statements. These statements relate to the potential benefits of the Blackburn and NK acquisitions described above to Techbelt and the Corporation as well as potential future acquisitions. Forward-looking statements are necessarily based upon a number of expectations and assumptions that, while considered reasonable by management at the time the statements are made, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies, many of which are beyond the Corporation's control and many of which are subject to change. Readers are cautioned not to place undue reliance on forward-looking statements which only speak as to the date they are made. Although management believes that the expectations and assumptions underlying such forward-looking statements are reasonable, there can be no assurance that such expectations or assumptions will prove to be correct. A number of factors could cause actual future results, performance, achievements and developments of the Corporation to differ materially from anticipated results, performance, achievements and developments expressed or implied by such forward-looking statements. Risk factors that could cause actual results or outcomes to differ materially from the results expressed or implied by forward-looking information are more particularly described in the most recent annual MD&A and annual information form of the Corporation available on the Corporation's profile at www.sedarplus.ca. The forward-looking statements contained in this press release are made as of the date hereof and the Corporation is not obligated to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

SOURCE Decisive Dividend Corporation