ISC to be Acquired by Plenary Americas in All-Cash Transaction

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Advisors

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RBC Capital Markets is acting as exclusive financial advisor to ISC and Stikeman Elliott LLP is serving as legal advisor to ISC and the Special Committee. National Bank Capital Markets has provided an independent fairness opinion to the Special Committee.  

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Barclays Capital is acting as lead financial advisor to Plenary Americas and Davies Ward Phillips & Vineberg LLP is serving as legal advisor.

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Q1 2025 Earnings Conference Call and Webcast

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The conference call and webcast to discuss ISC’s first quarter 2026 earnings that was previously scheduled for today, Tuesday, May 19, 2026, at 11:00 am ET has been cancelled. Copies of ISC’s financial statements and related notes and Management’s Discussion & Analysis for the three months ended March 31, 2026 are available on our Investor Relations website at investors.isc.ca/investor-relations/financial-reports.   

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About ISC®

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Headquartered in Regina, Saskatchewan, Canada, ISC is a leading provider of registry and information management services for public data and records. Throughout our history, we have delivered value to our clients by providing solutions to manage, secure and administer information through our Registry Operations, Services and Technology Solutions segments. ISC is focused on sustaining its core business while pursuing new growth opportunities. The Class A Shares of ISC trade on the Toronto Stock Exchange under the symbol ISC.

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About Plenary Americas

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Plenary Americas is a leading investor, developer and manager of public infrastructure, specializing in long-term partnerships, local development and asset management. Our holistic approach to projects embraces project financing, planning, design and construction, complementary commercial development, asset management, and ongoing operations and maintenance.

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Plenary Americas is principally owned by La Caisse (formerly CDPQ), a long-term institutional investor with more than US$330 billion in net assets. This ownership creates a powerful platform to develop assets that are at the heart of our communities.

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Cautionary Note Regarding Forward-Looking Information

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This news release contains forward-looking information within the meaning of applicable Canadian securities laws including statements related to the proposed transaction and its terms, timing, completion and effects. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ from those expressed or implied by such forward-looking information. Important factors that could cause actual results to differ materially from the Company’s plans or expectations include, without limitation, risks related to changes in economic, market and business conditions, the potential for the proposed transaction to be modified, restructured, or terminated, uncertainties related to, without limitation, the timing of and obtaining court, shareholder and regulatory approvals, shifts in customer demands and expectations, reliance on key customers and licences, dependence on key projects and clients, the ability to secure new business and manage fixed-price contracts, identification of viable growth opportunities, execution of the Company’s growth strategy, competition, contract termination risks and other risks disclosed from time to time in the Company’s filings, including those detailed in ISC’s Annual Information Form for the year ended December 31, 2025 and ISC’s Unaudited Interim Consolidated Financial Statements and Notes and Management’s Discussion and Analysis for the quarter ended March 31, 2026, copies of which are filed on SEDAR+ at sedarplus.ca.

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The forward-looking information in this release is made as of the date hereof and, except as required under applicable securities legislation, ISC assumes no obligation to update or revise such information to reflect new events or circumstances.

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Contacts

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ISC
Investor Relations
Jonathan Hackshaw
Senior Director, Investor Relations & Capital Markets
Toll Free: 1-855-341-8363 in North America or 1-306-798-1137
[email protected]

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Media
Josh Cossitt
External Communications Associate
Toll Free: 1-855-341-8363 in North America or 1-306-798-1137
[email protected]

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