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EXFO Inc. Announces Increase in Purchase Price to $US6.25 for Going-Private Transaction and Entering into Support and Voting Agreements with Large Minority Shareholders

EXFO Inc. Announces Increase in Purchase Price to $US6.25 for Going-Private Transaction and Entering into Support and Voting Agreements with Large Minority Shareholders

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QUEBEC CITY , Aug. 9, 2021 /PRNewswire/ – EXFO Inc. (“EXFO” or the “Corporation”) (NASDAQ: EXFO) (TSX: EXF), announces that 11172239 Canada Inc. (the “Purchaser”) has agreed to increase the purchase price for the acquisition of all the issued and outstanding subordinate voting shares of EXFO, from US $6.00 to US $6.25 per subordinate voting share not held directly or indirectly by Germain Lamonde and Philippe Morin. The parties have also amended the arrangement agreement dated June 7, 2021, as amended on July 6, 2021 and July 12, 2021 accordingly.

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