Dorel Opens New AFG Facility

Montreal-based Dorel Industries Inc. — a manufacturer of juvenile and bicycle products and home
furnishings — has opened its new Apparel Footwear Group Division (AFG) facility in British
Columbia. The company invested $3 million to renovate a 70,000-square-foot complex, which now
houses AFG’s manufacturing and distribution operations as well as the company’s global design and
marketing headquarters. The AFG division comprises the Sugoi, Cannondale, GT, Schwinn, Iron Horse
and Mongoose brands and is part of Dorel’s Recreational/Leisure segment.

“This facility will allow AFG to increase its custom apparel capacity and offer highly
competitive lead times,” said Martin Schwartz, president and CEO, Dorel. “We’ve barely scratched
the surface in this expanding market and we expect AFG to triple its custom apparel business within
five years.”

“The opportunity to significantly upgrade our AFG operations with a new and improved facility
is positioning the entire division for global growth,” says Chris Fuentes, president, AFG. “By
investing in state-of-the-art technology such as digital printing and high speed precision
sublimation, we expect to create an important speed to market advantage.”

May 18, 2010