Canada's Couche-Tard: Submitted Revised Non-Binding Proposal For Japan's Seven & i In January

March 11 (Reuters) - Seven & i Holdings Co Ltd 3382.T:

• CANADA'S COUCHE-TARD: SUBMITTED REVISED NON-BINDING PROPOSAL FOR SEVEN & I IN JANUARY

• COUCHE-TARD: CONTINUE TO BE DISAPPOINTED THAT ENGAGEMENT HAS BEEN VERY LIMITED WITH SEVEN & I

• COUCHE-TARD: OUR PROPOSAL PRESENTS SHAREHOLDERS WITH A CLEAR ECONOMIC VALUE, UNLIKE 7&I’S REPEATEDLY REVISED PLAN AS ANNOUNCED LAST WEEK

• COUCHE-TARD: GOLDMAN SACHS, ROYAL BANK OF CANADA, AND SCOTIABANK HAVE PROVIDED HIGHLY CONFIDENT LETTERS IN SUPPORT OF OUR FINANCING

• COUCHE-TARD: WE FIRMLY BELIEVE THERE IS A CLEAR PATH TO REGULATORY APPROVAL IN THE U.S.

• COUCHE-TARD: ACCESS TO FULSOME DILIGENCE INFORMATION COULD PROVIDE AN OPPORTUNITY FOR US TO ENHANCE OUR PROPOSAL

• COUCHE-TARD: PLAN TO FUND THE TRANSACTION WITH A COMBINATION OF DEBT AND EQUITY, SIZED WITH INTENTION TO RETAIN STRONG INVESTMENT GRADE CREDIT RATING

• COUCHE-TARD: THIS TRANSACTION IS AN INVESTMENT IN THE SUCCESS OF 7&I IN JAPAN. THE INVESTMENT IS ABOUT GROWTH FIRST AND FOREMOST, AND IT IS NOT OUR INTENTION TO MAKE STORE CLOSURES OR JOB CUTS

• COUCHE-TARD: WOULD WELCOME FOUNDING ITO FAMILY'S ONGOING PARTNERSHIP TO GUIDE THE NEXT CHAPTER OF GROWTH IN JAPAN

• COUCHE-TARD: WE UNDERSTAND AND RESPECT THE ROLE THAT 7&I PLAYS ACROSS JAPAN, INCLUDING IN EMERGENCY RESPONSE SYSTEM

Source text: https://corporate.couche-tard.com/2025-03-10-ALIMENTATION-COUCHE-TARD-PROVIDES-UPDATE-ON-PROPOSAL-FOR-A-COMBINATION-WITH-SEVEN-i