AIMIA renews normal course issuer bid

Canada NewsWire TORONTO , May 14, 2026 /CNW/ - Aimia Inc. (TSX: AIM) (JSE: AII) announced today that its Board of Directors has authorized the renewal of its Normal Course Issue Bid ("NCIB") to purchase for cancellation up to 10% of its public float of common shares or approximately five million common shares, subject to the approval of the Toronto Stock Exchange ("TSX"). Aimia's decision to renew its NCIB is consistent with its priority to narrow the discount of its share price relative to the intrinsic value of its net assets. Subject to the approval of the TSX, it is expected that the NCIB will be renewed on or about June 6 , 2026 and will end on June 5, 2027, at the latest.

Purchases made on the open market through the facilities of the TSX and alternative Canadian trading systems will be made at the prevailing market price at the time of purchase. Aimia may also purchase common shares for cancellation pursuant to exemption orders from applicable securities regulatory authorities, and such purchases will be at a discount to the prevailing market price. As at April 30 , 2026 Aimia had 88,790,285 issued and outstanding common shares.  The Company's public float for determining the number of shares available for purchase and cancellation (excluding shares held by insiders), pending TSX approval, was estimated at 50.5 million common shares as at April 30, 2026. Aimia will only make purchases under the NCIB once all regulatory approvals are obtained.

Aimia will retain discretion whether to make purchases under the NCIB, and to determine the timing, amount and acceptable price of any such purchases, subject at all times to applicable TSX and other regulatory requirements. However, Aimia intends to enter into a pre-defined plan (the "Plan") with its broker to allow for the repurchase of common shares at times when Aimia ordinarily would not be active in the market due to its pre-scheduled blackout periods. The Plan will be adopted in accordance with applicable laws and is subject to the approval of the TSX.

Aimia believes that the market price of its common shares may, from time to time, not reflect the intrinsic value of the company, and that repurchases of common shares pursuant to the NCIB may represent an appropriate and desirable use of the company's capital. Aimia believes it is in its best interest of shareholders to proceed with the NCIB given that its availability liquidity is sufficient to execute on the Company's future strategic direction and capital allocation priorities. About Aimia Aimia Inc. (TSX: AIM; JSE: AII) is a diversified conglomerate focused on enhancing the value of its holdings.

Headquartered in Toronto, Aimia's priorities include increasing its intrinsic value, reducing holding company costs, reducing the discount of its share price to the intrinsic value of its businesses, and redeploying capital to make investments in undervalued companies. For more information about Aimia, visit www.aimia.com . Forward-Looking Statements This press release contains statements that constitute "forward-looking information" within the meaning of Canadian securities laws ("forward-looking statements"), which are based upon our current expectations, estimates, projections, assumptions and beliefs.

All information that is not clearly historical in nature may constitute forward-looking statements. In some cases, forward-looking statements are typically identified by the use of terms such as "expects" and "expected". Forward-looking statements in this press release include, but are not limited to, statements with respect to the approval of the NCIB by the TSX, the timing and size of the NCIB, the number of common shares that can be purchased under the NCIB, Aimia'scurrent and future plans, expectations and intentions with respect to the NCIB and the approval by the TSX.

Forward-looking statements, by their nature, are based on assumptions and are subject to known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the forward-looking statement will not occur. The forward-looking statements in this press release speak only as of the date hereof and reflect several material factors, expectations and assumptions. Undue reliance should not be placed on any predictions or forward-looking statements as these may be affected by, among other things, changing external events and general uncertainties of the business.

A discussion of the material risks applicable to us can be found in our current Management Discussion and Analysis and Annual Information Form, each of which have been or will be filed on SEDAR+ and can be accessed at www.sedarplus.ca . Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and we disclaim any intention and assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. SOURCE Aimia Inc. View original content: http://www.newswire.ca/en/releases/archive/May2026/14/c2189.html Canada Newswire May 14, 2026 - 4:00 AM PDT News by QuoteMedia www.quotemedia.com