POLLARD BANKNOTE AWARDED PRIMARY CONTRACT FOR THE SUPPLY OF SCRATCHERS® BY THE CALIFORNIA LOTTERY

WINNIPEG, MB, Sept. 25, 2025 /CNW/ - Pollard Banknote Limited ("Pollard Banknote") (TSX:PBL.TO) is pleased to announce that, following a competitive procurement process, the California Lottery ("Lottery") has named Pollard Banknote the primary contractor for Scratchers^® Products ("instant tickets") and Related Services. The contract award was formally approved by the California Lottery Commission at its September 25, 2025 meeting. The new primary contract is expected to commence December 1, 2025, and includes an initial term of six years with the option to extend for up to six additional years. As the primary contractor, Pollard Banknote anticipates providing approximately 70% of the Lottery's Scratchers games over the life of the contract.