FOR IMMEDIATE RELEASE

Utrecht, The Netherlands – 16 January 2026

ALT Technologies, a global material converting company and preferred supplier to the automotive industry, today announces that its majority shareholder, Gimv, has signed an agreement to sell 100% of its shares in ALT Technologies to CCL Industries Inc. (TSX: CCL).

The transaction is subject to customary closing conditions and regulatory approvals. While the purchase agreement has now been signed, CCL Industries is not yet the owner of ALT Technologies. Completion of the transaction is expected to take place in Q2 2026, at which point CCL will formally acquire ownership of ALT.

ALT Technologies will continue to operate as usual throughout this period. There are no changes to the company’s day-to-day operations, customer relationships, or ongoing projects as a result of this announcement.

Founded over 20 years ago, ALT Technologies is a global specialist in die-cut, self-adhesive, and printed components for demanding automotive and industrial applications. Its portfolio includes warning and traceability labels, occupant safety components, self-adhesive functional parts, flexible circuits, electronics protection solutions, and EMI shielding products. With production facilities across Europe, Asia, and the Americas, ALT supports customers worldwide with custom-engineered solutions developed to meet stringent automotive standards.

Commenting on the agreement, Jean-Luc Verstraeten, CEO of ALT Technologies, said:

“We believe CCL Industries is well positioned to support the next phase of ALT Technologies’ development, bringing additional industry experience and a global footprint that will reinforce continuity, reliability, and long-term support for our customers.”

Further updates will be shared once the transaction has been completed.