Fab-Form Industries Ltd. announced that its Board of Directors has approved a change in company's fiscal year end from December 31 to June 30. This change in fiscal year end from December 31 to June 30 is being made to better align Fab-Form's reporting calendar. The company received the required approval from the tax authorities to affect the change.

Fab-Form's latest financial year ended on 31 December 2022. The new financial year end means that, following the audited report to issue in respect of the 30 June 2023 financial year, the Company's next audited financial report will cover the six-month period from 1 January 2023 to 30 June 2023, and will be filed in accordance with the section 4.2 of the National Instrument 51-102. Subsequent annual financial reports will cover the twelve months ending 30 June.

Reporting requirement on interim periods, including the comparative reporting periods will be in accordance section 4.8 of the National Instrument "N51-102".