Early Warning Press Release

BURLINGAME, Calif., Dec. 18, 2025 /CNW/ - Poplar Point Capital Management LLC (the "Acquiror") announces that it has sold 500,000 common shares ("CommonShares") of Imaflex Inc. (the "Issuer") at a price of C$2.2825 per Common Share through the facilities of the TSX Venture Exchange, representing approximately 0.96% of the outstanding Common Shares of the Issuer.

Before the transaction, the Acquiror held 5,493,100 Common Shares (10.55%) of the Issuer. After the transaction, the Acquiror held 4,993,100 Common Shares (9.59%) of the Issuer.

The Common Shares were disposed of by the Acquiror in connection with investment purposes and the Acquiror may in the future acquire or dispose of securities of the Issuer through the market, privately or otherwise, as circumstances or market conditions warrant.

The Issuer's head office address is located at 5710, rue Notre-Dame Ouest, Montréal, Québec H4C 1V2, Canada. The Acquiror's address is 330 Primrose Road, Suite 400, Burlingame, CA 94101 USA.

A copy of the early warning report filed by the Acquiror in connection with the investment will be available on the Issuer's profile on SEDAR+ at www.sedarplus.ca, and may be obtained from: Jad Fakhry, Chief Investment Officer, Poplar Point Capital Management LLC, 650-239-9049.

SOURCE Poplar Point Capital Management LLC