Strategy & Future Growth
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COVID-19 Update – As at April 8, 2022
GROUPE
MTY
GROUP
There continues to be short-term challenges related to COVID-19, but sales are back
to pre-pandemic levels for many of the brands and progressing in the right direction
for the others
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Q1-22 Facts
225 locations were closed one or more days
during the quarter
82 locations temporarily closed at the beginning
of the quarter and 69 at the end of the quarter
67 locations remain temporarily closed as at
April 7.
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Near-term Outlook
Labour shortages and supply chain disruptions will
remain a challenge
• Dividend payment restored as of July 9, 2021
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NCIB renewed until July 2022
With regards to potential acquisitions, MTY remains
active and is in a strong position to take advantage of
opportunities if attractive targets become available
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