Toronto - ABC Technologies Holdings Inc. (TSX: ABCT) ('ABC Technologies', 'ABC', or the 'Company'), a leading manufacturer and supplier of custom, highly engineered, technical plastics and lightweighting innovations to the North American light vehicle industry, today announced results for the three months and fiscal year ended June 30, 2022 and has declared a quarterly cash dividend of C$0.0375 per share.

All amounts are shown in United States Dollars ('$'), unless otherwise noted.

Forward-Looking Statements

Some of the information contained in this news release may constitute forward-looking information or contain statements expressing such forward-looking information ('forward-looking statements' and collectively with the forward-looking information expressed thereby, 'forward-looking information'). We use words such as 'may', 'would', 'could', 'should', 'will', 'unlikely', 'expect', 'anticipate', 'believe', 'intend', 'planning', 'forecast', 'outlook', 'projection', 'estimate', 'target' and similar expressions suggesting future outcomes or events to identify forward-looking information.

About ABC Technologies

ABC Technologies is a leading manufacturer and supplier of custom, highly engineered, technical plastics and lightweighting innovations to the North American light vehicle industry, serving more than 25 OEM customers globally through a strategically located footprint. ABC Technologies' integrated service offering includes manufacturing, design, engineering, material compounding, machine tooling and equipment building that are supported by a by a team of skilled professionals (including professional practicing engineers and additional employees with technical diplomas or at least 15 years technical working experience serving in other technical engineering roles), which we believe ultimately contributes to our differentiated product innovation. Our vertically integrated capabilities include our tool-building and material compounding businesses, which we believe allows us to stay on the leading edge of technical plastics and lightweighting product innovation. In addition, our manufacturing footprint provides us with 250-mile coverage for the majority of our OEM customers' North American light vehicle manufacturing facilities, which we also believe provides us with logistical and competitive advantages. The Company offers six product groups: HVAC Systems, Interior Systems, Exterior Systems, Fluid Management, Air Induction Systems, and Flexible & Other.

Contact:

Nathan Barton

Email: investors@abctech.com

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