DOLLARAMA ANNOUNCES ELECTION OF DIRECTORS

MONTREAL, June 7, 2023 /CNW/ - Dollarama Inc. (TSX: DOL) ("Dollarama") announced that the nominees listed in its management proxy circular dated April 11, 2023 were elected as directors of Dollarama at the annual meeting of shareholders held earlier today. The detailed results of the vote for the election of directors are set out below.

Nominee	Votes For		Votes Against
	#	%	#	%
Joshua Bekenstein	211,276,055	93.95	13,605,413	6.05
Gregory David	214,194,808	95.25	10,686,660	4.75
Elisa D. Garcia C.	221,565,840	98.53	3,315,628	1.47
Stephen Gunn	201,576,038	89.64	23,305,430	10.36
Kristin Mugford	220,839,295	98.20	4,042,173	1.80
Nicholas Nomicos	213,907,343	95.12	10,974,125	4.88
Neil Rossy	219,967,566	97.81	4,913,902	2.19
Samira Sakhia	222,386,463	98.89	2,495,005	1.11
Thecla Sweeney	224,565,370	99.86	316,098	0.14
Huw Thomas	217,670,783	96.79	7,210,685	3.21

About Dollarama

Dollarama is a recognized Canadian value retailer offering a broad assortment of consumable products, general merchandise and seasonal items both in-store and online. Our 1,507 locations across Canada provide customers with compelling value in convenient locations, including metropolitan areas, mid-sized cities and small towns. Select products are also available, by the full case only, through our online store at www.dollarama.com. Our quality merchandise is sold at select fixed price points up to $5.00.

Dollarama also owns a 50.1% interest in Dollarcity, a growing Latin American value retailer. Dollarcity offers a broad assortment of consumable products, general merchandise and seasonal items at select, fixed price points up to US$4.00 (or the equivalent in local currency) in 448 conveniently located stores in El Salvador, Guatemala, Colombia and Peru.

www.dollarama.com

SOURCE Dollarama Inc.

Investors: J.P. Towner, Chief Financial Officer, [phone] x1237, [email protected]; Media: Lyla Radmanovich, PELICAN PR, [phone], [email protected]