Transcontinental Reports Improved Profitability in Fourth Quarter

Management sees these agreements as investor acknowledgement of Transcontinental’s financial credibility, as well as concrete evidence of their confidence in the Corporation’s growth strategy and prospects.

Corporate Affairs

On October 8, Transcontinental announced the appointment of Pierre Fitzgibbon to the Board of Directors of the Corporation. President and Chief Executive Officer of Atrium Innovations, Mr. Fitzgibbon has enjoyed a 30-year career in public companies and financial institutions and will bring the benefit of his experience to Transcontinental. In another development, J.V. Raymond Cyr decided to leave the Board after 12 years of invaluable service. Over the years, Mr. Cyr contributed to Transcontinental’s growth with outstanding professionalism. The Chairman of the Board thanks him on his own behalf and on behalf of all shareholders.