Caldwell Reports Fourth Quarter and Full Year Fiscal 2026 Results; Increases Quarterly Dividend and Declares a Special Dividend

TORONTO, ON / ACCESS Newswire / November 12, 2026 / Talent acquisition firm The Caldwell Partners International Inc. (TSX:CWL)(OTCQX:CWLPF) today issued its financial results for the fourth quarter of fiscal 2026, ended August 31, 2026. The firm also announced a quarterly dividend of $0.02 per share (2.0 cents per common share), up from $0.015 per share (1.5 cents per common share) in the prior quarter as well as a one-time special dividend of $0.116 per share (11.6 cents per common share) representing an amount equal to the cash proceeds recently received from the sale of its IQTalent business. All references to quarters or years are for the fiscal periods unless otherwise noted and all currency amounts are in Canadian dollars.

Three Months EndedTwelve Months Ended 08.31.2608.31.2508.31.2608.31.25 Professional fees - Caldwell23,24627,662100,28591,251 Professional fees - IQTalent (1)2,2353,7149,92712,004 Consolidated professional fees25,48131,376110,212103,255 Direct expense reimbursements306232974802 Revenues25,78731,608111,186104,057 Cost of sales21,67024,51287,56781,044 Reimbursed direct expenses306232974802 Gross profit3,8116,86422,64522,211 Selling, general and administrative expenses (2)3,7174,34718,44818,364 Goodwill impairment and other expense (income) (3 4)3,981-3,981112 Operating profit (loss)(3,887)2,5172163,735 Finance expenses (income)(34)118913 Earnings (loss) before tax(3,853)2,3991253,732 Income tax expense6629322,4561,170 Net earnings (loss) after tax(4,515)1,467(2,331)2,562 Basic earnings (loss) per share$ (0.153)$ 0.050$ (0.079)$ 0.087 Adjusted basic earnings (loss) per share (4)$ (0.018)$ 0.050$ 0.056$ 0.089 1. Professional fees of IQTalent are presented net of elimination of intercompany revenue. 2. Selling, general and administrative expenses include an expense of $233 related to share-based compensation as a result of share price increase in the current quarter, compared to a benefit of $121 in the same quarter last year. For the twelve months ended August 31, 2026, selling, general and administrative expenses include an expense of $558 related to share-based compensation as a result of share price increase, compared to a benefit of $405 in the same period last year. 3. We recognized a goodwill impairment of $3,981 related to IQTalent in the current quarter. In the prior year, other expense of $112 primarily comprises $275 in IQTalent management separation costs and a $324 loss on Caldwell's Toronto office sublease, partly offset by a $487 benefit from the U.S. Employee Retention Tax Credit (ERTC) under the CARES Act. 4. Non-GAAP measure calculated by excluding tax-adjusted goodwill impairment and other income from net earnings after tax and dividing by the number of shares outstanding at the end of the period. This measure allows for enhanced comparability of the current quarter results compared to the same quarter last year. See the following page for the reconciliation to reported amounts. "Fiscal 2026 was a strong year for Caldwell, with annual revenue exceeding $100 million despite an increasingly challenging market environment that developed late in the fiscal year," said Chris Beck, chief executive officer. "Our performance reflects the strength of our client relationships, the expertise of our partners and the resilience of our business. Throughout the year, we continued to invest in exceptional talent, strengthen our leadership team and build the capabilities that will support our long-term growth."