LAVAL, QC, April 30, 2025 – Alimentation Couche-Tard (“Couche-Tard”) (TSX: ATD) (“Company”) announced today that it has entered into a non-disclosure agreement with Seven & i Holdings Co., Ltd. (“Seven & i”) to move forward with discussions about a potential transaction. This agreement will facilitate due diligence and allow for collaboration on plans to engage with regulatory bodies. There is no guarantee that these discussions will lead to a transaction.

Alex Miller, President and CEO of Couche-Tard, stated, “We are pleased that the Special Committee of Seven & i is engaged in productive discussions regarding our proposal and is providing access to due diligence information. We anticipate a collaborative effort with Seven & i that serves the best interests of all stakeholders.”

About Alimentation Couche-Tard Inc.

Couche-Tard is a leading global player in the convenience and mobility sector, with operations spanning 29 countries and territories. It boasts nearly 17,000 stores, around 13,000 of which offer fuel for road transportation. Under its widely recognized Couche-Tard and Circle K banners, the company stands as one of the largest independent convenience store operators in the United States. It holds a leading position in the convenience store and road transportation fuel retail market in Canada, Scandinavia, the Baltics, Belgium, and Ireland. Furthermore, the company maintains a significant presence in Luxembourg, Germany, the Netherlands, Poland, and the Hong Kong Special Administrative Region of the People’s Republic of China. Its network employs approximately 149,000 individuals.

For more information about Alimentation Couche-Tard Inc., or to review its audited annual Consolidated Financial Statements, unaudited interim condensed consolidated financial statements, and Management Discussion and Analysis, please visit:

Forward-Looking Statements

This press release might contain “forward-looking information” as defined by Canada‘s securities laws, including statements about a possible transaction between Couche-Tard and Seven & I, its anticipated benefits, and related expectations. Any statement herein that doesn’t reflect historical fact should be considered forward-looking information. Terms like “believe,” “could,” “should,” “intend,” “expect,” “estimate,” “assume,” “aim,” “align,” “maintain,” “continue,” “effect,” “growth,” “position,” “seek,” “strategy,” “strive,” “will,” “may,” “might,” and similar expressions, or their negative forms, generally indicate forward-looking information, although their presence isn’t required in all such statements. These statements are rooted in management’s current expectations, assumptions, and estimates, deemed reasonable but subject to risks and uncertainties that could substantially alter actual results. These risks include those related to entering into and completing a potential transaction, successfully integrating the companies and realizing expected synergies if a transaction occurs, market and economic conditions, business prospects, future plans, technological and business advancements, regulatory trends, and other risks detailed in Couche-Tard’s filings with Canada‘s securities regulatory bodies. This cautionary statement comprehensively qualifies all forward-looking information, which is relevant as of this release date. Couche-Tard is not obligated to update this information to reflect new developments unless legally required.

SOURCE Alimentation Couche-Tard Inc.

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