The DLC Group Announces Second Quarter 2026 Results with 5% Increase in Funded Mortgage Volumes and 50% Adjusted EBITDA Margins

Vancouver, British Columbia--(Newsfile Corp. - August 6, 2026) - Dominion Lending Centres Inc. (TSX: DLCG) (the "DLC Group" or the "Corporation") today announced financial results for the three ("Q2 2026") and six months ended June 30, 2026. The DLC Group is one of Canada's leading franchisors of mortgage professionals, with a national network of over 8,800 agents. The Corporation also owns Velocity and Filogix, fintech mortgage connectivity products that provide integrated end-to-end operating platforms designed to automate and streamline the entire mortgage application, approval, underwriting and funding process.

Financial Highlights for Q2 2026: * Funded mortgage volumes of $22.1 billion in Q2 2026 increased 5% compared to Q2 2025 driven by higher broker productivity. * Revenue grew 1% year-over-year in the second quarter of 2026 to $24.9 million. * Adjusted EBITDA of $12.6 million was consistent with the same period last year. Adjusted EBITDA margins remained strong at 50%, compared to 51% in the prior-year period. Adjusted EBITDA includes a loss from our equity-accounted investment in Heartwood of $0.5 million for Q2 2026 and $0.6 million for Q2 2025. * Net income in Q2 2026 of $7.1 million compared to $7.7 million in Q2 2025 as strong profitability was offset by a $0.6 million increase in share-based payments expense. Adjusted net income and adjusted earnings per share in Q2 2026 were $7.1 million and $0.09, compared to $7.8 million and $0.10 in Q2 2025. * A quarterly dividend of $0.05 per share was paid on June 15, 2026, a 25% increase compared to prior year. * Subsequent to quarter end, the DLC Group acquired Filogix, a leading Canadian mortgage connectivity platform for $58.5 million in cash, subject to closing adjustments. The acquisition is expected to be immediately accretive to Adjusted EPS. "We successfully grew our funded mortgage volumes by 5% in the second quarter, despite a soft housing market, reflecting increased productivity of our brokers," said Gary Mauris, Co-Founder and CEO of the DLC Group. "While recruiting has been a cornerstone of our strategy over the past 20 years, in recent years we have increasingly invested in helping our existing brokers grow their businesses through initiatives such as Gold Rush, Goal Getter and, most recently, Broker Performance Lab. A key enabler of these initiatives has been Velocity, which is now broadly adopted across our network and continues to provide brokers with the technology and insights to enhance productivity and better service their customers. We look forward to continuing to invest in our brokers and supporting their long-term success," continued Mr Mauris.