DR. PHONE FIX ACCELERATES NATIONAL EXPANSION, GROWS STORE COUNT TO 44 AND DELIVERS STRONG SAME-STORE PERFORMANCE

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DR. PHONE FIX ACCELERATES NATIONAL EXPANSION, GROWS STORE COUNT TO 44 AND DELIVERS STRONG SAME-STORE PERFORMANCE

EDMONTON, AB – January 22, 2026 (CNW) – Dr. Phone Fix Canada Corporation (TSXV: DPF) (“Dr. Phone Fix” or the “Company”), one of Canada’s fastest-growing consumer electronics repair and resale platforms, today issued a corporate update highlighting accelerated network expansion and continued improvement in operating performance across its retail footprint.

During the final 44 days of 2025, Dr. Phone Fix expanded its store count from 35 to 44 locations, representing a 26% increase in its corporately owned network over a short period. This growth was driven by a combination of strategic acquisition and organic expansion initiatives.

Specifically, the Company added six (6) locations through the previously announced acquisition of substantially all the assets of Geebo Device Repair Inc., establishing a strong presence in Atlantic Canada. In addition, three (3) new stores were opened organically, including one location each in Alberta, Nova Scotia, and Ontario.

Alongside this rapid expansion, Dr. Phone Fix continued to deliver improving store-level economics. From October through December 2025, average annualized revenue across the Company’s original 35 locations increased from approximately $320,000 per store to $350,000 per store. This same-store performance improvement reflects stronger execution, enhanced operational processes, and increasing brand recognition, demonstrating the Company’s ability to scale while improving unit-level productivity and profitability.

“This update underscores the strength and scalability of our operating model,” said Piyush Sawhney, Founder and Chief Executive Officer of Dr. Phone Fix. “We are growing our footprint rapidly while simultaneously driving higher performance at the store level—an outcome we believe is critical to creating long-term shareholder value.”

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