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Doman NOT FOR RELEASE OR DISSEMINATION INTO THE UNITED STATES Q3 2021 Financial Highlights ( ¹ ) : Doman Building Materials Group Ltd. 1600-1100 Melville Street , Vancouver BC V6E 4A6 DOMAN BUILDING MATERIALS GROUP LTD . INCREASES QUARTERLY DIVIDEND AND ANNOUNCES THIRD QUARTER 2021 FINANCIAL RESULTS ● Revenues increased 32.4 % to $ 625.3 million Gross Margin at 12.9 % Adjusted EBITDA ( ³ ) amounted to $ 34.5 million Net Earnings amounted to $ 7.7 million ● Press Release Quarterly dividend of $ 0.12 per share paid on October 15 , 2021 ( 4 ) and the Board of Directors increases quarterly dividend to $ 0.14 per share effective the fourth quarter of 2021 VANCOUVER , CANADA - November 4 , 2021 - Doman Building Materials Group Ltd. ( " Doman " or " the Company " ) ( TSX : DBM ; DBM.NT.A ) announced today its third quarter 2021 financial results ( 1 ) for the period ended September 30 , 2021 . For the three - month period ended September 30 , 2021 ( ¹ ) , consolidated revenues increased by 32.4 % to $ 625.3 million when compared to $ 472.2 million in the same period in 2020. The increase in revenues was largely due to the results from acquisitions which was partially offset by a decrease attributable to the Company's legacy operations , caused by industry - wide declines in pricing for construction materials during the quarter . The Company's sales by product group in the quarter were made up of 66 % construction materials , compared to 65 % last year , with the remaining balance resulting from specialty and allied products of 30 % , and other of 4 % . Gross margin dollars totaled $ 80.7 million , compared to $ 86.8 million during the corresponding period in 2020. Gross margin percentage amounted to 12.9 % of revenues versus 18.4 % during the same period in 2020. The decrease in margin dollars and margin percentage is mainly attributable to the previously mentioned decline in construction materials pricing , which was partially offset by the results from the acquisitions . Adjusted EBITDA ( 3 ) and EBITDA ( 2 ) for the period amounted to $ 34.5 million and $ 33.2 million , respectively , compared to $ 57.0 million during the third quarter of 2020. Net earnings for the quarter ended September 30 , 2021 were $ 7.7 million , compared to net earnings of $ 31.0 million in the same quarter of 2020 . Subsequent to quarter - end , on October 15 , 2021 , the Company paid a $ 0.12 per share dividend to its shareholders of record on September 30 , 2021 ( 4 ) .