CONTRACT RENEWAL FOR PUBLIC TRANSIT NETWORK

Terrebonne, July 13, 2023 - Keolis Canada is very pleased to announce that exo, the public transit organization (OPTC) responsible for organizing public transit service in the northern and southern crowns of the Greater Montreal area, has confirmed that it will exercise the renewal option provided for in the contract for the Terrebonne-Mascouche sector for a period of 5 years. This means that the contract will run until December 31, 2031.

This announcement confirms Keolis Canada's expertise in public transit in the region, and the services offered in this sector will continue to be available to users as usual.

The contract runs for nine years, from January1, 2023 to December 31, 2031.

The SCFP reports having succeeded in negotiating an average increase of 26% for the first year, followed by the equivalent of the Consumer Price Index (CPI) for subsequent years.