Investor Presentaiton

ADJUSTED GROSS MARGIN¹ (NON-GAAP) RECONCILIATION Adjusted Gross Margin¹ Reconciliation (Non-GAAP Measure) Three months ended September 30, (in thousands of Canadian dollars except where indicated; unaudited) Net revenue 2023 $ 2022 69,595 $ 87,941 Gross margin, as reported 23,426 (611) Adjustments to gross margin: Restructuring costs recorded in cost of goods sold (689) 4,822 Adjusted gross margin¹ $ 22,737 $ 4,211 Adjusted gross margin percentage¹ 33% 5% 1 Adjusted gross margin and adjusted gross margin percentage are non-GAAP measures. See "Non-GAAP Measures". 21 21

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