Special Announcement - Intranet download issue

FOR IMMEDIATE RELEASE: May 9, 2023

Clemence Marseille

Stanpro

514-342-1199 extension 1252

clemence.marseille@standardpro.com

Stanpro Named One of Canada's Best Managed Companies for 11th Year

Montreal, Quebec - Stanpro is proud to announce that it has once again been recognized as one of Canada's Best Managed Companies for the year 2023, reaffirming its position as a leader in the industry.

The Best Managed Companies program is the country's leading corporate awards program that recognizes Canadian-owned and managed companies for their innovative, world-class business practices. Winners are evaluated based on their leadership in strategy, capability and innovation, culture and engagement, and finance to achieve sustainable growth. This recognition is a testament to Stanpro's unwavering commitment to excellence and dedication to providing exceptional products and services to its customers.

"This recognition is a great honor for us, and we are thrilled to have received this prestigious title for another year," said Stephanie Bisaillon, Human Resources Director. "It is a testament to the hard work and dedication of our employees, who have consistently demonstrated innovation, adaptability, and resilience in the face of challenges. This recognition would not have been possible without their unwavering commitment to excellence."

The pandemic has brought unprecedented challenges to businesses around the world, and companies have had to pivot and transform their operations to adapt to the new reality. Stanpro's continued success in these trying times is a testament to its leadership and management practices, as well as its commitment to its people and culture. By putting its people and their culture at the forefront, and redoubling efforts to accelerate digitalization, Stanpro has demonstrated its commitment to innovation and sustainability, ensuring long-term success and growth.

"We are honored to be recognized as one of Canada's Best Managed Companies for another year, and we remain committed to delivering exceptional products and services to our customers," said Rob Nadler, Executive Vice President. "We will continue to focus on innovation, sustainability, and growth, while remaining true to our values and culture."

As Stanpro celebrates this significant achievement, it looks forward to the future with optimism and confidence, knowing that its commitment to excellence and innovation will continue to drive its success for years to come.

ABOUT CANADA'S BEST MANAGED COMPANIES

www.societeslesmieuxgerees.ca

Canada's Best Managed Companies continues to be the hallmark of excellence for Canadian-owned and managed companies with revenues over $50 million. Every year since the competition was launched in 1993, hundreds of companies participate in a rigorous, independent process to assess their management capabilities and practices.

ABOUT STANPRO

www.standardpro.com

Stanpro is the Canadian leader in lighting with over 60 years of experience.

As a manufacturer committed to its community, Stanpro provides lighting products that improve life safety, boost energy efficiency, improve productivity, reduce waste and support visually pleasing environments.

Stanpro's portfolio includes indoor, outdoor and emergency lighting products as well as a wide range of lamps.

More than 350 Canadians from West to East of the country are behind the success of the company!

For more information, please write to the following address or visit the following site:

bestmanagedcompanies@deloitte.ca ;

www.societeslesmieuxgerees.ca

CONTACT PERSON

Clemence Marseille, Digital Marketing and Communication Director, Stanpro •

514-342-1199 extension 1252 • clemence.marseille@standardpro.comwww.standardpro.com