Chemtrade Logistics Income Fund Announces Results for the Second Quarter of 2026 and Reiterates 2026 Adjusted EBITDA Guidance of $485 to $525 Million


Certain statements contained in this news release constitute forward-looking statements within the meaning of certain securities laws, including the Securities Act (Ontario). Forward-looking statements can be generally identified by the use of words such as “anticipate”, “continue”, “estimate”, “expect”, “expected”, “intend”, “may”, “will”, “project”, “plan”, “should”, “believe” and similar expressions. Specifically, forward looking statements in this news release include statements respecting certain future expectations about: Chemtrade’s expectation that volatility will make forecasting results for the remainder of 2026 challenging, our 2026 Adjusted EBITDA to be in the range of $485 million to $525 million, the final adoption of Chemtrade’s bylaw amendment by North Vancouver District Council will allow for the continued production of liquid chlorine in the timeline, and under the terms stated; Chemtrade’s continued engagement with the Port to finalize its land lease on terms as stated in the non-binding LOI; its expectation that the multi-year capex required for its liquid chlorine project is estimated at an investment range of $75 million to $125 million a; our intention and ability to be added as a respondent and party to the Petition proceedings; our intention and ability to oppose the relief sought in the Petition; our continued focus on executing multiple organic growth projects, and strengthening of our operations, along with our ability to take advantage of a more normalized raw materials environment in the coming quarters; our expectations related to continued the integration of Polytec, increasing our reach with existing and new customers; our expectations related to continued technical certification and commercialization progress in UPA and the timing thereof; our continued execution towards Vision 2030 targets while maintaining a strong balance sheet and robust cash flow generation to return capital to unitholders; our expectation to end 2026 with the stated Net debt to LTM Adjusted EBITDA ratio and stated implied Payout ratio; the expectation that less than half of 2026 maintenance capital expenditures are expected to be incurred in the second half of 2026; the expected stated range of maintenance capital expenditures and growth capital expenditures, lease payments, cash interest and cash tax; our intention to invest between $40.0 million and $60.0 million in growth capital expenditures in 2026, with a focus on water solutions projects; our expectation as part of our Chemtrade Vision 2030 to grow mid cycle annual Adjusted EBITDA to between $550.0 million and $600.0 million by 2030; our expectation that we will achieve the Vision 2030 target by continuing to focus on operational and commercial excellence, while pursuing both organic and external growth opportunities; our expectation that we will deliver compelling value on a per unit basis while maintaining a prudent balance sheet and maintaining our commitment to returning capital to unitholders through attainment of our Chemtrade Vision 2030 Adjusted EBITDA target; our intention to seek to further strengthen our cash flow profile by deploying capital into high-return organic growth initiatives primarily in water solutions; our intention to continually assess opportunities to further adjust and optimize our capital structure, including potentially refinancing a portion of our outstanding debentures or notes depending on market conditions; our intention to further extend debt maturities or to lower our debt capital cost if opportunities arise.



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