Intertape Polymer Group Inc. announced that it will redeem all of its outstanding 7.00% senior unsecured notes due 2026 (CUSIP Nos. 460919AA1 and C4801KAA3 and ISIN Nos. US460919AA12 and USC4801KAA37) (the “7.00% Notes”) June 16, 2021 (the “Redemption Date”). There is currently USD 250 million aggregate principal amount of the 7.00% Notes outstanding. On the Redemption Date, IPG will pay to the registered holders of the 7.00% Notes a redemption price equal to 100% of the principal amount of the 7.00% Notes redeemed plus an applicable premium of USD 14 million and accrued and unpaid interest of USD 3 million. The total consideration IPG expects to pay for redemption of the 7.00% Notes is USD 267 million, which will not impact the company's calculations of its Adjusted Net Earnings, adjusted earnings per share or adjusted EBITDA non-GAAP metrics.