CareRx Reports Results for the Second Quarter of 2026

Toronto, Ontario--(Newsfile Corp. - July 29, 2026) - CareRx Corporation (TSX: CRRX) ("CareRx" or the "Company"), Canada's leading provider of pharmacy services to seniors living and other congregate care communities, today reported its financial results for the second quarter ended June 30, 2026.

Highlights for the Second Quarter of 2026 * Average Beds Serviced(1) increased to 91,719 in Q2 2026 from 90,048 Average Beds Serviced in Q2 2025 (92,036 - Q1 2026). * Revenue increased to $93.6 million in Q2 2026, compared to $91.4 million in Q2 2025 ($93.9 million - Q1 2026). * Adjusted EBITDA(1)remained consistent at $8.0 million in Q2 2026, compared with Q2 2025 ($8.4 million - Q1 2026). * Adjusted EBITDA Margin(1)decreased to 8.6% in Q2 2026 from 8.8% in Q2 2025 (9.0% - Q1 2026). * Cash from Operations remained consistent at $3.7 million in Q2 2026, compared to $3.8 million in Q2 2025 ($6.9 million - Q1 2026). "We are very excited to have secured a new large national customer that will bring approximately 3,000 beds into the network with implementation planned for the third quarter." said Puneet Khanna, President and Chief Executive Officer of CareRx. "This contract represents an important milestone for CareRx and is a testament to the trust that retirement community operators place in our people, our clinical expertise, and our commitment to exceptional service. Winning this partnership through a competitive process, without acquisition, demonstrates the strength of our team and the value we bring every day. Additionally, the increase in our quarterly dividend is evidence of the strength of our financial position, our operating performance, and the predictability of our cash flows."