Dorel Industries Inc. has announced further amendments to its asset-backed loan $(ABL)$ and term loan facilities as part of its ongoing restructuring efforts. The company's lenders have agreed to extend their forbearance from enforcing rights and remedies due to a default on certain financial covenants. This forbearance, initially starting on May 9, 2025, is now extended until September 16, 2025, or until any new default occurs. Dorel will gain access to an additional US$20.0 million in liquidity through the ABL facility to finance new inventory, although the total maximum availability under the facility has been reduced to US$150.0 million. The company continues to collaborate with capital market advisors to re-capitalize its balance sheet, aiming to support growth in its Juvenile segment and reorganize its Home segment. As of June 30, 2025, Dorel had approximately US$92.0 million in outstanding borrowings under the ABL facility.