TERREBONNE, QC - The management of ADF INC GROUP. ('ADF' or the 'Company') (ticker symbol: (TSX: DRX), a North American leader in steel superstructure manufacturing, announces the addition of $30 million worth of work to the scope of work on one of the recently signed manufacturing contracts in the U.S. industrial sector.

Following a request from the client, these additions were made to ADF's original contract and are part of the original contract completion schedule, which is expected to begin shortly and run until the end of 2023. This additional work will be carried out by the ADF team in Terrebonne.

Mr. Jean Paschini, Chairman of the Board of Directors and Chief Executive Officer, emphasizes that 'we are committed to ensuring the satisfaction of our customers and meeting their expectations. We welcome this opportunity to renew our business activities with our client, and proud of their confidence in ADF.

The Company's backlog was $344 million as at October 31, 2022, excluding contracts announced in December 2022 and those announced today.

About ADF Group Inc. | ADF Group Inc. is a North American leader in the design and engineering of connections, manufacturing, including the application of industrial coatings, the assembly of complex metal structures, heavy steel components, as well as fabricated and architectural metals, for the non-residential infrastructure sector. ADF Group Inc. is one of the few industry players able to carry out commercial, institutional, industrial and public megaprojects characterized by a very high level of technological complexity and accelerated timelines. The Company now operates two manufacturing plants and two paint shops; in Canada and the United States, as well as a 'Construction' division in the United States, which specializes in the assembly of steel structures and other related products.

Forward-Looking Statements| This press release contains forward-looking statements that reflect ADF's objectives and expectations. These statements are identified by verbs such as 'expects that' as well as by the use of future and conditional verb tenses. By their nature, these statements involve risks and uncertainties. As a result, actual facts may differ from ADF's expectations.

Contact:

Jean Paschini

Chairman

Board and Chief Executive Officer

Jean-Francois Boursier

CPA

Chief Financial Officer

Telephone: (450) 965-1911

Website: www.adfgroup.com

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