On August 13, 2024, BC Tree Fruits Cooperative (“BCTFC”), BC Tree Fruits Industries Limited (“BCTF Industries”) and Growers Supply Company Limited (“GSC”, together with BCTFC and BCTF Industries, the “BCTF Group” or the “Petitioners”) were granted an initial order (the “Initial Order”) to commence proceedings (the “CCAA Proceedings”) under the Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended (the “CCAA”). Pursuant to the Initial Order, Alvarez & Marsal Canada Inc. was appointed as monitor (the “Monitor” or “A&M”) in the CCAA Proceedings.

The Initial Order granted a stay of proceedings (the “Stay Period”) and provided that during the Stay Period, no proceedings may be commenced against or in respect of the Company.