<SEC-DOCUMENT>0001193805-24-000040.txt : 20240110
<SEC-HEADER>0001193805-24-000040.hdr.sgml : 20240110
<ACCEPTANCE-DATETIME>20240110163021
ACCESSION NUMBER:		0001193805-24-000040
CONFORMED SUBMISSION TYPE:	SC 13D/A
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20240110
DATE AS OF CHANGE:		20240110

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Gildan Activewear Inc.
		CENTRAL INDEX KEY:			0001061894
		STANDARD INDUSTRIAL CLASSIFICATION:	APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			Z4
		FISCAL YEAR END:			0101

	FILING VALUES:
		FORM TYPE:		SC 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-56253
		FILM NUMBER:		24526918

	BUSINESS ADDRESS:	
		STREET 1:		600 BOULEVARD DE MAISONNEUVE OUEST
		STREET 2:		33RD FLOOR
		CITY:			MONTREAL
		STATE:			A8
		ZIP:			H3A 3J2
		BUSINESS PHONE:		5147352023

	MAIL ADDRESS:	
		STREET 1:		600 BOULEVARD DE MAISONNEUVE OUEST
		STREET 2:		33RD FLOOR
		CITY:			MONTREAL
		STATE:			A8
		ZIP:			H3A 3J2

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GILDAN ACTIVEWEAR INC
		DATE OF NAME CHANGE:	19980515

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BROWNING WEST LP
		CENTRAL INDEX KEY:			0001825564
		ORGANIZATION NAME:           	
		IRS NUMBER:				833512291
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D/A

	BUSINESS ADDRESS:	
		STREET 1:		1999 AVENUE OF THE STARS
		STREET 2:		SUITE 1150
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-984-7600

	MAIL ADDRESS:	
		STREET 1:		1999 AVENUE OF THE STARS
		STREET 2:		SUITE 1150
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>sc13da112418013_01092024.htm
<DESCRIPTION>AMENDMENT NO. 1 TO THE SCHEDULE 13D
<TEXT>
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<head>
     <title></title>
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<body style="font: 10pt Times New Roman, Times, Serif">

<p style="margin: 0"></p>

<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0"><b>UNITED STATES</b></p>

<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0"><b>SECURITIES AND EXCHANGE
COMMISSION</b></p>

<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0"><b>Washington, D.C. 20549</b></p>

<p></p>

<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0"><b>SCHEDULE 13D</b></p>

<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0">(Rule 13d-101)</p>

<p></p>

<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0">INFORMATION TO BE INCLUDED
IN STATEMENTS FILED PURSUANT</p>

<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0">TO &#167;&#160;240.13d-1(a)
AND AMENDMENTS THERETO FILED PURSUANT TO</p>

<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0">&#167;&#160;240.13d-2(a)</p>

<p></p>

<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0">(Amendment No. 1)<FONT STYLE="font-size: 8pt"><SUP>1</SUP></FONT></p>

<p></p>

<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0"><font style="font-weight: normal"><u></U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>Gildan Activewear Inc.</U></P>
<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-weight: normal"><U></u></font></p>

<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0">(Name
of Issuer)</p>

<p></p>

<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0"><font style="font-weight: normal"><u></U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>Common Shares</U></P>
<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-weight: normal"><U></u></font></p>

<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0">(Title of Class of Securities)</p>

<p></p>

<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0"><u></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>375916103</U></P>
<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0"><U></u></p>

<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0">(CUSIP Number)</p>

<p style="text-indent: 0pt; margin-right: 0; margin-left: 0"></p>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Usman Nabi</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Browning West LP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">1999 Avenue of the Stars</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Suite 1150</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Los Angeles, California 90067</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(310) 984-7600</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Andrew M. Freedman</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Olshan Frome Wolosky LLP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">1325 Avenue of the Americas</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">New York, New York 10019</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>(212) 451-2300</U></P>
<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-weight: normal"><U></u></font></p>

<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0">(Name, Address and Telephone Number of Person</p>

<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0">Authorized to Receive Notices
and Communications)</p>

<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-weight: normal"><U></U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>January 9, 2023</U></P>
<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-weight: normal"><U></U></FONT></p>

<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0">(Date of Event Which Requires
Filing of This Statement)</P>

<P STYLE="text-align: center; display: block; margin-top: 0; margin-bottom: 0">&nbsp;</p>

<P STYLE="text-indent: 36pt; margin: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif">If
the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule
13D, and is filing this schedule because of &#167;&#167;&#160;240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following
box </FONT><FONT STYLE="font-family: Wingdings">&#168;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">.</FONT></p>

<P STYLE="text-indent: 36pt; margin-right: 0; margin-left: 0; font: 10pt Times New Roman, Times, Serif"><i>Note:</i>&#160;&#160;Schedules
filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.&#160;&#160;<i>See
</i>&#167;&#160;240.13d-7 for other parties to whom copies are to be sent.</P>

<P STYLE="text-align: left; display: block; margin-top: 0; margin-bottom: 0">&nbsp;</p>
<P STYLE="text-align: left; display: block; margin-top: 0; margin-bottom: 0">&nbsp;</p>

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<P STYLE="margin-top: 0; margin-bottom: 6pt"><FONT STYLE="font-size: 7pt">1</FONT>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
The remainder of this cover page shall be filled out for a reporting person&#8217;s initial filing on this form with respect to
the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided
in a prior cover page.</p>

<p style="text-indent: 36pt; margin-right: 0; margin-left: 0; font: 10pt Times New Roman, Times, Serif">The information required
on the remainder of this cover page shall not be deemed to be &#8220;filed&#8221; for the purpose of Section 18 of the Securities
Exchange Act of 1934 (&#8220;Act&#8221;) or otherwise subject to the liabilities of that section of the Act but shall be subject
to all other provisions of the Act (however, <I>see</I> the <I>Notes</I>).</p>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">CUSIP No. 375916103</P></DIV>
    <!-- Field: /Page -->

<p style="text-align: center; font: 10pt Times New Roman, Times, Serif"></P>

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    <TD STYLE="width: 5%; padding-left: 6pt"></TD>
    <TD STYLE="width: 5%"></TD>
    <TD STYLE="width: 5%"></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-top: black 2.25pt double; border-left: black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-top: Black 2.25pt double; text-align: center; vertical-align: top">1</TD>
    <TD STYLE="border-top: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-top: Black 2.25pt double; border-left: Black 1pt solid; padding-left: 6pt">NAME OF REPORTING PERSON</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-top: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="text-align: left; vertical-align: middle">Browning West, LP </TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">2</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</TD>
    <TD COLSPAN="2" STYLE="border-right: Black 2.25pt double; border-top: Black 1pt solid">(a) &#9744;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-right: Black 2.25pt double">(b) &#9744;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="14" STYLE="text-align: left; vertical-align: middle">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">3</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">SEC USE ONLY</TD>
    <TD STYLE="border-top: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="14" STYLE="text-align: left; vertical-align: middle"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">4</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">SOURCE OF FUNDS</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="text-align: left; vertical-align: middle">OO</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">5</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)</TD>
    <TD COLSPAN="2" STYLE="border-top: Black 1pt solid; border-right: Black 2.25pt double">&nbsp;&nbsp;&nbsp;&nbsp;&#9744;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-left: Black 1pt solid; padding-left: 6pt"></TD>
    <TD COLSPAN="2" STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="14" STYLE="text-align: left; vertical-align: middle">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">6</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">CITIZENSHIP OR PLACE OF ORGANIZATION</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="text-align: left; vertical-align: middle">DELAWARE</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; border-top: Black 1pt solid; text-align: center; vertical-align: top">NUMBER OF</TD>
    <TD STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: middle">7</TD>
    <TD STYLE="border-right: Black 1pt solid; border-top: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="13" STYLE="border-top: Black 1pt solid; padding-left: 6pt">SOLE VOTING POWER</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">SHARES</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="13" STYLE="padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">BENEFICIALLY</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="12" STYLE="text-align: left; vertical-align: middle">- 0 -</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">OWNED BY</TD>
    <TD STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: middle">8</TD>
    <TD STYLE="border-right: Black 1pt solid; border-top: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="13" STYLE="border-top: Black 1pt solid; padding-left: 6pt">SHARED VOTING POWER</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">EACH</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="13" STYLE="padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">REPORTING</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="12" STYLE="text-align: left; vertical-align: middle">8,640,448   </TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">PERSON WITH</TD>
    <TD STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: middle">9</TD>
    <TD STYLE="border-right: Black 1pt solid; border-top: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="13" STYLE="border-top: Black 1pt solid; padding-left: 6pt">SOLE DISPOSITIVE POWER</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top"> </TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="13" STYLE="padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="12" STYLE="text-align: left; vertical-align: middle">- 0 -</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: middle">10</TD>
    <TD STYLE="border-right: Black 1pt solid; border-top: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="13" STYLE="border-top: Black 1pt solid; padding-left: 6pt">SHARED DISPOSITIVE POWER</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="13" STYLE="padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="12" STYLE="text-align: left; vertical-align: middle">8,640,448   </TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">11</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="text-align: left; vertical-align: middle">8,640,448  </TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">12</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES</TD>
    <TD COLSPAN="2" STYLE="border-top: Black 1pt solid; border-right: Black 2.25pt double">&nbsp;&nbsp;&nbsp;&nbsp;&#9744;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-left: Black 1pt solid"></TD>
    <TD COLSPAN="2" STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="14" STYLE="text-align: left; vertical-align: middle">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">13</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="text-align: left; vertical-align: middle">5.0%</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">14</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">TYPE OF REPORTING PERSON</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; border-bottom: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-bottom: Black 2.25pt double; text-align: left; vertical-align: middle">PN, IA</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-bottom: Black 2.25pt double">&nbsp;</TD></TR>
</TABLE>
<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;&nbsp;</p>


<!-- Field: Page; Sequence: 2 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">CUSIP No. 375916103</P></DIV>
    <!-- Field: /Page -->

<p style="text-align: center"></p>

<P STYLE="margin-top: 0; margin-bottom: 0"></p>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font-size: 10pt">
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 5%; text-align: center; vertical-align: top"></TD>
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    <TD STYLE="width: 5%"></TD>
    <TD STYLE="width: 5%"></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-top: black 2.25pt double; border-left: black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-top: Black 2.25pt double; text-align: center; vertical-align: top">1</TD>
    <TD STYLE="border-top: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-top: Black 2.25pt double; border-left: Black 1pt solid; padding-left: 6pt">NAME OF REPORTING PERSON</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-top: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="text-align: left; vertical-align: middle">Usman Nabi</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">2</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</TD>
    <TD COLSPAN="2" STYLE="border-right: Black 2.25pt double; border-top: Black 1pt solid">(a) &#9744;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-right: Black 2.25pt double">(b) &#9744;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="14" STYLE="text-align: left; vertical-align: middle">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">3</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">SEC USE ONLY</TD>
    <TD STYLE="border-top: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="14" STYLE="text-align: left; vertical-align: middle"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">4</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">SOURCE OF FUNDS</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="text-align: left; vertical-align: middle">OO</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">5</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)</TD>
    <TD COLSPAN="2" STYLE="border-top: Black 1pt solid; border-right: Black 2.25pt double">&nbsp;&nbsp;&nbsp;&nbsp;&#9744;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-left: Black 1pt solid; padding-left: 6pt"></TD>
    <TD COLSPAN="2" STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="14" STYLE="text-align: left; vertical-align: middle">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">6</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">CITIZENSHIP OR PLACE OF ORGANIZATION</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="text-align: left; vertical-align: middle">USA</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; border-top: Black 1pt solid; text-align: center; vertical-align: top">NUMBER OF</TD>
    <TD STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: middle">7</TD>
    <TD STYLE="border-right: Black 1pt solid; border-top: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="13" STYLE="border-top: Black 1pt solid; padding-left: 6pt">SOLE VOTING POWER</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">SHARES</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="13" STYLE="padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">BENEFICIALLY</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="12" STYLE="text-align: left; vertical-align: middle">- 0 -</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">OWNED BY</TD>
    <TD STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: middle">8</TD>
    <TD STYLE="border-right: Black 1pt solid; border-top: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="13" STYLE="border-top: Black 1pt solid; padding-left: 6pt">SHARED VOTING POWER</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">EACH</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="13" STYLE="padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">REPORTING</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="12" STYLE="text-align: left; vertical-align: middle">8,640,448    </TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">PERSON WITH</TD>
    <TD STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: middle">9</TD>
    <TD STYLE="border-right: Black 1pt solid; border-top: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="13" STYLE="border-top: Black 1pt solid; padding-left: 6pt">SOLE DISPOSITIVE POWER</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top"> </TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="13" STYLE="padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="12" STYLE="text-align: left; vertical-align: middle">- 0 -</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: middle">10</TD>
    <TD STYLE="border-right: Black 1pt solid; border-top: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="13" STYLE="border-top: Black 1pt solid; padding-left: 6pt">SHARED DISPOSITIVE POWER</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="13" STYLE="padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD COLSPAN="3" STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="12" STYLE="text-align: left; vertical-align: middle">8,640,448  </TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">11</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="text-align: left; vertical-align: middle">8,640,448  </TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">12</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES</TD>
    <TD COLSPAN="2" STYLE="border-top: Black 1pt solid; border-right: Black 2.25pt double">&nbsp;&nbsp;&nbsp;&nbsp;&#9744;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-left: Black 1pt solid"></TD>
    <TD COLSPAN="2" STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="14" STYLE="text-align: left; vertical-align: middle">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">13</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="text-align: left; vertical-align: middle">5.0%</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">14</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6pt">TYPE OF REPORTING PERSON</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-top: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="16" STYLE="border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 2.25pt double">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="border-left: Black 2.25pt double; border-bottom: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; border-left: Black 1pt solid; padding-left: 6pt">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-bottom: Black 2.25pt double; text-align: left; vertical-align: middle">IN, HC</TD>
    <TD STYLE="border-right: Black 2.25pt double; border-bottom: Black 2.25pt double">&nbsp;</TD></TR>
</TABLE>
<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;&nbsp;</p>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">CUSIP No. 375916103</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">The following constitutes
Amendment No. 1 to the Schedule 13D filed by the undersigned (&ldquo;Amendment No. 1&rdquo;). This Amendment No. 1 amends the Schedule
13D as specifically set forth herein.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in">Item 4.</TD><TD STYLE="text-align: justify"><U>Purpose of Transaction</U>.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Item 4 is hereby amended
to add the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">The Reporting Persons have
recently learned that the Board intends to employ extreme delay tactics by postponing its next annual meeting and any requisitioned special
meeting to as late as Fall 2024 and deploy baseless litigation tactics against its own shareholders. The Reporting Persons believe these
disappointing tactics are designed to divert focus from substantive issues while imposing significant costs and hurdles on concerned shareholders
so they abandon their campaigns to protect shareholder value. The Reporting Persons are not deterred by such tactics, and will continue
to exert their rights and hold the Board accountable for its failures. Finally, the Reporting Persons are concerned that the Board may
bring forward Vincent Tyra&rsquo;s start date. Such a move would highlight the Board&rsquo;s reckless disregard of shareholders who have
clearly rejected Mr. Tyra and his weak credentials.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Based on the latest disappointing
information, the Reporting Persons note that the Board has forced their hand such that the Reporting Persons no longer believe that a
minority slate is sufficient to prevent the further destruction of shareholder value and achieve the Reporting Persons&rsquo; key objectives
of: (i) appointing Michael Kneeland as independent, non-executive Chair, (ii) terminating Mr. Tyra&rsquo;s employment, (iii) appointing
Glenn Chamandy as CEO, and (iv) reassessing committee composition and committee chair roles.<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Additionally, the Reporting
Persons find it troubling that the Board is deliberately attempting to diminish the Issuer&rsquo;s strong historical results and growth
prospects, as it has released letters stating that Mr. Chamandy struggled to find additional avenues of long-term organic growth; however,
the Board has neglected to acknowledge that over the past few years, the Issuer&rsquo;s earnings per share have increased substantially
despite a challenging economic environment. Furthermore, the Reporting Persons are particularly disturbed that the Board appears to be
contradicting its own prior public disclosures with respect to Mr. Chamandy&rsquo;s performance. The Board and Donald Berg have a legal
obligation and a duty to provide accurate statements in their public disclosure documents, and the Reporting Persons cannot help but wonder
if the Board or Mr. Berg previously mislead shareholders or are misleading them now as Mr. Berg has made several signed statements in
recent Annual Reports praising Mr. Chamandy&rsquo;s leadership and performance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">The Reporting Persons
believe the Board&rsquo;s continued attempts to deliberately disparage the Issuer&rsquo;s historical performance and growth prospects
are harmful to shareholders and are disrespectful not only to Mr. Chamandy, but also to employees. The Reporting Persons believe that
under Mr. Chamandy&rsquo;s leadership, the Issuer is well positioned for strong earnings growth over the coming years for the following
reasons: (i) the Issuer has demonstrated substantial market share gains in recent quarterly results and is positioned for additional
share gains, (ii) the Issuer&rsquo;s end markets may currently be at a cyclical low point and may rebound in coming periods, and (iii)
the Reporting Persons believe that the business is poised to deliver the highest margins in its history. These factors suggest that it
is unlikely that the business would have little growth going forward, and the Reporting Persons are surprised that the Board does not
appear to understand the key drivers of its own business. The Reporting Persons presume that the Board is denigrating the Issuer&rsquo;s
historical results, future prospects, and management team in order to justify its own mishandled succession process.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">To that end, on January
9, 2024, CDS &amp; Co., the nominee of CDS Clearing and Depository Services Inc., a registered holder of Shares, delivered a formal request
to the Issuer to requisition a Special Meeting of Shareholders (the &ldquo;Special Meeting&rdquo;) to be held without delay. The Reporting
Persons are seeking shareholder support at the upcoming Special Meeting to:</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">CUSIP No. 375916103</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 0in">1. Remove eight of the
incumbent directors &ndash; Donald Berg, Maryse Bertrand, Marc Caira, Shirley Cunningham, Charles Herington, Luc Jobin, Craig Leavitt,
and Chris Shackelton &ndash; from the Board; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt 1in; text-align: justify; text-indent: 0in">2. Appoint eight highly
qualified director candidates &ndash; Michael Kneeland, Glenn Chamandy, Michener Chandlee, Ghislain Houle, Me&#769;lanie Kau, Peter Lee,
Karen Stuckey, and J.P. Towner &ndash; to the Board.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">The Reporting Persons have
detailed these latest developments regarding the requisitioning of the Special Meeting seeking to remove and replace eight incumbent directors
in a public letter to shareholders, dated January 9, 2024 (the &ldquo;January 9 Letter&rdquo;). In the January 9 Letter, among other things,
the Reporting Persons described the circumstances regarding their decision to expand the Board slate to eight directors and seek majority
change in the Issuer&rsquo;s boardroom and provided details regarding the eight highly qualified director nominees, including their strong
track records of value creation, expertise in successful succession planning, relevant industry and governance experience, as well as
proven management and board service pedigrees in Canada and the U.S.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">The eight highly qualified
director candidates are:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 22.5pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><B>Michael
                                            Kneeland (U.S. Citizen), Non-Executive Chair and Former Chief Executive Officer of United
                                            Rentals, Inc. (NYSE: URI), is a renowned leader with an exceptional record of value creation
                                            in a large and operationally complex business, experience overseeing a robust executive development
                                            program and successful CEO succession processes, and experience working with founders of
                                            highly successful businesses. In our experience, the most effective board Chairs are those
                                            individuals who have been successful CEOs in their own executive careers. Former CEOs are
                                            able to more effectively mentor current CEOs and their successors, as opposed to those executives
                                            whose careers ended in a functional or divisional role. His experience is highly relevant
                                            given the recently mishandled CEO succession, which was overseen by the current Board.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Exceptional Record of Value Creation in a Large and Operationally Complex Business:</U> Mr. Kneeland
currently serves as the Non-Executive Chair of United Rentals, Inc. (&ldquo;United Rentals&rdquo;), a nearly $50 billion USD enterprise
value equipment rental business with over $14 billion USD of revenue and nearly $7 billion USD of EBITDA. Mr. Kneeland became Chair in
May 2019, following his retirement as CEO. United Rentals stock has returned 16x or 18% annualized over the past 16 years, generating
nearly $35 billion USD in value spanning Mr. Kneeland&rsquo;s CEO and Chair tenure at United Rentals from 2007 to today. Under Mr. Kneeland&rsquo;s
leadership as CEO, United Rentals also invested over $10 billion USD in net capital expenditures and nearly $8 billion USD in acquisitions
which drove significant value creation. United Rentals&rsquo; revenue, EBITDA, and free cash flow per share grew 2.5x, 3.8x, and 9.5x,
respectively, during his CEO tenure. During his tenure as CEO and Chair, United Rentals&rsquo; operating margins improved over 1,000 basis
points to over 28%, which is well above the 18 to 20% operating margins shareholders expect from the Issuer. Mr. Kneeland&rsquo;s leadership
achievements are profiled in the book &ldquo;Lessons from the Titans,&rdquo; which highlights his team&rsquo;s operational excellence,
kaizen mentality, and investment discipline. These skills are directly relevant to the Issuer&rsquo;s operations.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Experience Leading Successful CEO Succession Processes:</U> When he was CEO, Mr. Kneeland carefully
developed internal succession candidates, and in 2019 he successfully transitioned the United Rentals CEO role to COO Matthew Flannery.
Since Mr. Flannery became CEO, United Rentals&rsquo; stock has returned 4.2x, or 36% annualized, continuing the company&rsquo;s strong
track record of value creation.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify"><B>&nbsp;</B></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">CUSIP No. 375916103</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify"><B></B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Experience Working with Founders of Successful Businesses:</U> United Rentals was initially led by
its founders in the first six years of the company&rsquo;s existence. Mr. Kneeland had extensive experience working with these founders
while he was in a senior leadership position.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Notable Leadership Roles:</U> Mr. Kneeland currently serves as Chair of Maxim Crane Works and as a
director on the board of American Tire Distributors, Inc. In 2015, he was appointed to the National Advisory Board for the Johns Hopkins
Berman Institute of Bioethics.</TD></TR></TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 27pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><B>Glenn
                                            Chamandy (Canadian Citizen), Co-Founder and Former Chief Executive Officer of the Issuer,
                                            has a strong record of value creation, an unrivaled understanding of the Issuer&rsquo;s low-cost
                                            vertically integrated apparel manufacturing business model, and experience leading a complex
                                            global business. His experience is highly relevant given his role as the Issuer&rsquo;s CEO
                                            for almost 20 years.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Strong Record of Value Creation:</U> Mr. Chamandy has over 40 years of experience leading the Issuer,
with almost 20 years of experience serving as CEO. From 1998 to 2023, Mr. Chamandy was responsible for delivering nearly 16% annual growth
in earnings-per-share. During this time, the Issuer&rsquo;s stock returned 99x, or a nearly 20% annualized return, outperforming all of
the Issuer&rsquo;s competitors, many of which were forced to exit the Issuer&rsquo;s market or were acquired by the Issuer. Even through
a challenging economic environment, Mr. Chamandy enhanced market share and grew EPS at the Issuer by 54% in the past four years.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Unrivaled Understanding of the Issuer&rsquo;s Low-Cost Vertically Integrated Apparel Manufacturing
Business Model:</U> Mr. Chamandy devoted his entire career to building the Issuer into a low-cost, vertically integrated manufacturing
business, investing over $2 billion USD of capital expenditures over the past 20 years. Much of the Issuer&rsquo;s success can be attributed
to the low-cost position, which Mr. Chamandy architected and maintained for decades.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Experience Leading a Complex Global Business:</U> Mr. Chamandy oversaw the Issuer&rsquo;s growth to
over $3 billion USD of annual sales and over $700 million USD of EBITDA. He led the expansion of the Issuer&rsquo;s operations into Central
America and Bangladesh.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Notable Leadership Roles:</U> In 2015, Mr. Chamandy founded The Chamandy Foundation, a private family
foundation with a vision of improving the lives of the younger generation, through funding areas such as health and wellness, education,
poverty, research, and the environment.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 27.35pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"><B>Michener
                                            Chandlee (U.S. Citizen), Former Chief Risk Officer for NIKE, Inc. (NYSE: NKE), Former Chief
                                            Financial Officer of Fanatics Commerce, formerly Fanatics Inc., and Current Chief Financial
                                            Officer of WHOOP, is a world-class finance leader with an exceptional record of value creation
                                            in apparel businesses with complex global supply chains. His experience is highly relevant
                                            given his understanding of mass market apparel and global supply chains in contrast to the
                                            Board which has no mass market apparel experience.</B></P></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">CUSIP No. 375916103</P></DIV>
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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Extensive Expertise in Apparel and in Complex Global Supply Chains:</U> Mr. Chandlee has over two decades
of experience as a key finance leader managing complex global supply chains at NIKE, Inc. (&ldquo;Nike&rdquo;) and Fanatics, Inc. (&ldquo;Fanatics&rdquo;),
both of which are large customers of the Issuer. Mr. Chandlee spent 18 years at Nike, the $159 billion USD enterprise value global athletic
footwear and apparel company, most recently as the Vice President of Corporate Audit and Chief Risk Officer from 2016 to 2019. At Nike
he also held various senior global roles, including Chief Financial Officer of Nike business units including Mexico, Golf, Emerging Markets,
North America, and Global Brands and Marketplace. Mr. Chandlee also served as Chief Financial Officer of Fanatics Commerce. Fanatics is
a $31 billion USD enterprise value digital sports platform that manufactures and sells licensed sports gear, hard goods, and apparel.
Mr. Chandlee has an understanding of the Issuer&rsquo;s business model given Nike&rsquo;s and Fanatics&rsquo; commercial partnerships
with the Issuer. Mr. Chandlee&rsquo;s extensive experience managing complex global supply chains and his knowledge of the Issuer as a
major customer would be highly relevant to the Board.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Exceptional Record of Value Creation in Consumer Businesses:</U> During Mr. Chandlee&rsquo;s nearly
four-year tenure at Fanatics, the company&rsquo;s enterprise value increased nearly 7x from $4.5 billion USD to $31 billion USD. During
Mr. Chandlee&rsquo;s 18-year tenure at Nike, the stock returned 16x or 16% annually, while the company&rsquo;s revenue increased by 4x
and EBITDA increased by nearly 5x.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Experience Working with Founders of Highly Successful Businesses:</U> Mr. Chandlee has worked with
the boards and board committees of large-scale public and private companies that were led by highly successful founders including Nike,
Fanatics, and WHOOP.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 27.35pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><B>Ghislain Houle (Canadian Citizen), Executive Vice-President and Chief Financial Officer of Canadian
National Railway Company. (TSX: CNR), has extensive experience working in a large-scale and operationally complex business, has a strong
track record of value creation, and has significant financial and capital allocation expertise. His experience is highly relevant given
the operational complexity of the Issuer&rsquo;s business and the need for value creation expertise on the Board. </B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.3pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Significant Experience Leading a Large Scale and Operationally Complex Business:</U> Mr. Houle currently
serves as Executive Vice-President and Chief Financial Officer of Canadian National Railway (&ldquo;Canadian National&rdquo;), a $94 billion
USD enterprise value business based in Montreal, and the fourth largest business in Canada by market capitalization. He has over 26 years
of experience at the company, having originally joined in 1997. Canadian National is Canada&rsquo;s largest railway, operating a nearly
20,000-mile rail network serving Canada and the Midwestern and Southern United States. The company employs nearly 25,000 people and delivers
nearly 6 million carloads of freight annually. Mr. Houle has a deep understanding of supply chains and operational experience in the railroad
industry and extensive experience in financing, financial planning, strategy, mergers &amp; acquisitions, and implementation of enterprise-wide
data software systems.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.3pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Strong Record of Value Creation Over Nearly Three Decades:</U> During Mr. Houle&rsquo;s total tenure
at Canadian National from 1997 to today, the company&rsquo;s stock has returned 45x or 16% annualized. During Mr. Houle&rsquo;s tenure
as Chief Financial Officer from July 2016 to today, the company&rsquo;s market capitalization grew by nearly $35 billion USD. Over this
same time period, Canadian National has grown revenue nearly 40% and grown free cash flow per share by nearly 65%.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.3pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Significant Financial and Capital Allocation Expertise:</U> As Chief Financial Officer, Mr. Houle has
responsibility for financial management, planning, and reinvestment, among other responsibilities. Cumulatively over the past 7.5 years,
Canadian National has generated approximately $17 billion USD in free cash flow, invested approximately $16 billion USD in capital expenditures,
repurchased approximately $11 billion worth of shares, and paid out nearly $9 billion USD in dividends. Mr. Houle has also played a leading
role on Canadian National&rsquo;s Audit Committee during his CFO tenure.</TD></TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.3pt; text-align: justify"></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><B>&nbsp;</B></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">CUSIP No. 375916103</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.3pt; text-align: justify"><B>&nbsp;</B></P>


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 27.35pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><B>Me&#769;lanie Kau (Canadian Citizen), Chair of the Human Resources and Corporate Governance Committee
and former Lead Director of Alimentation Couche-Tard Inc. (TSX: ATD), has extensive experience working with the founders of highly successful
businesses and has led multiple successful CEO succession plans. Her experience is highly relevant given the recently mishandled and abrupt
CEO transition overseen by the Board. </B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.3pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Extensive Experience Working with Founders of Highly Successful Businesses:</U> Since 2006, Ms. Kau
has served as a board director of Alimentation Couche-Tard Inc. (&ldquo;Couche-Tard&rdquo;), a $67 billion USD enterprise value global
convenience store operator based in Laval, Canada with over $68 billion USD of revenue and nearly $6 billion USD of EBITDA. Couche-Tard
employs 128,000 people and operates over 14,400 convenience stores spanning 25 countries all across the world. She is currently the Chair
of the Human Resources and Corporate Governance Committee and was previously Lead Director from 2017 to 2022. During Ms. Kau&rsquo;s tenure,
the company&rsquo;s revenue and earnings per share have grown 7x and 18x, respectively, while its stock has returned 23x, or 21% annualized.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.3pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.3pt; text-align: justify">Ms. Kau is also Chair of A&eacute;roports
de Montr&eacute;al, the private operator of Trudeau International Airport (&ldquo;YUL&rdquo;) and Mirabel International Airport (&ldquo;YMX&rdquo;).
YUL is Canada&rsquo;s third largest and busiest airport serving over 20 million passengers annually. Ms. Kau served as Chair of Governance
and Human Resources Committee and worked with the founding management team. During Ms. Kau&rsquo;s tenure, the business has increased
revenue 1.9x and EBITDA 2.2x.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.3pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Successful Record of Managing CEO Succession in Founder-Led Companies:</U> As the Chair of Couche-
Tard&rsquo;s Human Resources and Corporate Governance Committee, Ms. Kau was responsible for the CEO transition in 2014 from the company&rsquo;s
CEO and founder Alain Bouchard, who generated a 92x total return, to COO Brian Hannasch. The transition was highly successful; since Mr.
Hannasch&rsquo;s appointment as CEO, Couche-Tard&rsquo;s stock has returned 4.8x, or 18% annualized. Ms. Kau also led the most recent
CEO succession at A&eacute;roports de Montr&eacute;al in 2023 which resulted in an external hire.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.3pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Notable Executive and Leadership Experience:</U> Ms. Kau is the Chair and former President of Mobilia
Ltd., an independent family-owned retailer in Quebec, where she was President from 1995 to 2011. Ms. Kau also served as the Co-President
of Le Naturiste Inc. from 2012 to 2015, a retail chain located in Quebec. Ms. Kau has received several accolades for her business acumen
and entrepreneurship, including Canada&rsquo;s Top 40 under 40 and the John Molson School of Business Award of Distinction.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.3pt; text-align: justify">&nbsp;<B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 27pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><B>Peter Lee (U.S. Citizen), Co-Founder and Partner of Browning West, possesses extensive financial and
capital allocation acumen, experience leading public company CEO searches, and brings substantial alignment with shareholders given that
Browning West is one of the Issuer&rsquo;s largest long-term shareholders. His experience is highly relevant given the current Board has
recently taken actions that have destroyed substantial value for shareholders. </B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"><B><I>&nbsp;</I></B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Extensive Financial and Capital Allocation Acumen and Prior Public Company Board Experience:</U> Mr.
Lee is a Partner and Co-Founder of Browning West, where he plays a leading role in investment research and capital allocation. Mr. Lee
previously served on the board of Countryside Partnerships plc (&ldquo;Countryside&rdquo;), and he played a leading role in enabling the
merger of Countryside and Vistry Group plc to create the largest homebuilder by volume in the U.K. Prior to joining Browning West, Mr.
Lee worked at Criterion Capital Management, Grey Mountain Partners, and Lazard.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">CUSIP No. 375916103</P></DIV>
    <!-- Field: /Page -->
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Experience Leading Public Company CEO Searches:</U> The Partners of Browning West have co-led seven
CEO or Chair searches at public companies, including co-leading a CEO search to resolve a weak succession plan at Countryside Properties
plc, where Mr. Lee served as a director. If appointed to the Board, Mr. Lee would harness all of Browning West&rsquo;s resources to assist
the Issuer with succession planning and other matters.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Strong Alignment with Shareholders:</U> If elected to the Board, Mr. Lee would bring a shareholder
perspective and strong alignment to the boardroom, considering Browning West is one of the Issuer&rsquo;s top long-term shareholders.
Mr. Lee has been deeply involved in the firm&rsquo;s investment in the Issuer, having conducted 46 meetings with senior leadership and
multiple visits to the Issuer&rsquo;s manufacturing sites.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify"><B>&nbsp;</B></P>


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 27pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><B>Karen Stuckey (U.S. Citizen), Former Senior Vice President at Walmart Inc. (NYSE: WMT), has extensive
experience in apparel, led large-scale businesses with an international presence, and operated within a low-cost business model. Her experience
is highly relevant given the Issuer&rsquo;s low-cost business model and the fact that no current Board directors have mass market apparel
experience.</B></TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Extensive Expertise in Apparel, Including Private Label:</U> Ms. Stuckey has nearly two decades of
experience as a senior leader at Walmart Inc. (&ldquo;Walmart&rdquo;), most recently as Senior Vice President, Private Brand within the
General Merchandise segment. In this role, Ms. Stuckey led the development of Walmart&rsquo;s private label strategy across more than
100 verticals, including apparel. It is noteworthy that she was responsible for introducing the Issuer&rsquo;s private label products
at Walmart. Ms. Stuckey also served as President of the Casualwear Division of Hanesbrands Inc. (NYSE: HBI) from 2000 to 2004, which was
a competitor to the Issuer at the time. These experiences are highly relevant as she can provide both a competitor&rsquo;s and customer&rsquo;s
perspective on the Issuer and would be the first member of the Board with direct mass market apparel product knowledge.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Experience Operating Businesses of Significant Scale:</U> Ms. Stuckey oversaw a segment with over $40
billion USD in annual revenues with full P&amp;L responsibility and led the development of strategy and operational execution. Walmart
operates more than 10,500 retail stores across 24 countries and is the world&rsquo;s largest private employer.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Experience Operating Internationally with a Global Supply Chain:</U> Ms. Stuckey oversaw global operations
with a sourcing budget of over $20 billion USD and a supply chain across multiple continents. Ms. Stuckey has direct experience working
in countries in which the Issuer operates throughout Central America and Asia.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Operated Within a Low-Cost Business Model:</U> During a nearly two-decade career at Walmart, Ms. Stuckey
was steeped in a culture and operating model that emphasized the importance of low-cost operations. The success of Walmart&rsquo;s low-cost
model is widely considered one of the great case studies in long-term value creation.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 27.35pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><B>J.P. Towner (Canadian Citizen), Former Chief Financial Officer of Dollarama Inc. (TSX: DOL) and Current
Chief Financial Officer of RONA inc., has extensive experience working in low-cost vertically integrated businesses focused on value-oriented
consumer products with successful founders and has a track record of delivering strong financial results. His experience is highly relevant
given the Issuer&rsquo;s focus on vertical integration and maintaining a low-cost advantage. </B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">CUSIP No. 375916103</P></DIV>
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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Experience in Vertically Integrated Businesses Focused on Value-Oriented Consumer Products:</U> Mr.
Towner is the former Chief Financial Officer of Dollarama Inc. (&ldquo;Dollarama&rdquo;), a $23 billion USD enterprise value vertically
integrated retailer focused on value-oriented products based in Canada. Dollarama is vertically integrated through sourcing, distribution,
and retail and focuses on delivering the best value to its customers in Canada, which is highly relevant to the Issuer&rsquo;s own vertically
integrated and low-cost business model. In addition to its Canadian operations, Dollarama also operates a highly successful multi-national
strategy across four countries in Central and South America. During Mr. Towner&rsquo;s tenure, Dollarama&rsquo;s revenue grew at nearly
14% annually and earnings per share grew at nearly 25% annually. These strong operating results underpinned a total return of 84% and
an annualized return of 27% for Dollarama&rsquo;s stock during Mr. Towner&rsquo;s tenure.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Track Record of Delivering Strong Financial Results:</U> Mr. Towner is a seasoned finance executive
with more than 15 years of experience in corporate and financial strategy, capital markets, and risk management. As Chief Financial Officer
of Dollarama, Mr. Towner contributed to a highly successful capital allocation strategy and returned significant value to shareholders;
in addition, he was instrumental in improving Dollarama&rsquo;s EBITDA margins. He currently serves as the Chief Financial Officer of
RONA inc. (&ldquo;RONA&rdquo;), one of Canada's leading home improvement retailers, currently owned by a private equity firm. RONA generated
over $5 billion USD in revenue in 2022, operating or servicing 425 corporate and affiliated dealer stores with a team of 22,000 employees.
Mr. Towner also spent five years as Executive Vice-President and Chief Financial Officer of Pomerleau Inc. (&ldquo;Pomerleau&rdquo;),
one of the largest construction companies in Canada, which generated nearly $2.4 billion USD in revenue in 2021. During his tenure, he
contributed to increasing the revenue and profitability of Pomerleau&rsquo;s operations by 3x and 5x, respectively. Additionally, Mr.
Towner spent nearly 10 years with BMO Capital Markets.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Experience Working with Founders of Highly Successful Businesses:</U> Mr. Towner has worked extensively
with independent board members and board committees of public and private companies, as well as representatives from the founding families
of Dollarama and Pomerleau.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">A copy of the January 9 Letter
is attached hereto as an exhibit and incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">The Reporting Persons have
carefully and meticulously compiled a slate of eight highly qualified director candidates to replace the incumbent Board. The eight director
candidates have strong track records of value creation, relevant industry and corporate governance experience, as well as proven management
and board service pedigrees.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in">Item 7.</TD><TD STYLE="text-align: justify"><U>Material to be Filed as Exhibits</U>.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">Item 7 is hereby amended
to add the following exhibit:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">99.1</TD><TD STYLE="text-align: justify">January 9 Letter.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">CUSIP No. 375916103</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><U>SIGNATURES</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 1in">After reasonable inquiry
and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete
and correct.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">Dated: January 10, 2024</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Browning West, LP</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">By:</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; border-bottom: Black 0.5pt solid">/s/ Samuel Green</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 5.4pt; padding-left: 5.4pt">Name:</TD>
    <TD STYLE="width: 35%; padding-right: 5.4pt; padding-left: 5.4pt">Samuel Green</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Title:</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Chief Compliance Officer and Chief Financial Officer</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; border-bottom: Black 0.5pt solid">/s/ Usman Nabi</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Usman Nabi</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<p style="text-indent: 0pt"></P>

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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex991to13da112418013_010924.htm
<DESCRIPTION>JANUARY 9 LETTER
<TEXT>
<HTML>
<HEAD>
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<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: right; margin: 0">Exhibit 99.1</P>

<P STYLE="margin: 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 14px; width: 209px"></P>

<P STYLE="font: 10pt Brandon Grotesque Light,sans-serif; margin: 0; text-align: center; color: #512C1D"><FONT STYLE="letter-spacing: 1.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Brandon Grotesque Light,sans-serif; margin: 0; text-align: center; color: #512C1D"><FONT STYLE="letter-spacing: 1.1pt">1999
AVENUE OF THE STARS &bull; SUITE 1150 &bull; LOS ANGELES, CA 90067 &bull; (310) 984-7600</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0; text-align: center">Browning West Requisitions Special Meeting of Gildan
Activewear Shareholders to Reconstitute a Majority of the Board of Directors</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><I>Announces Expansion of Slate to Eight Highly Qualified
Director Candidates With Strong Track </I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><I>Records of Value Creation, Expertise in Successful
Succession Planning, and Relevant </I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><I>Industry and Governance Experience </I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><I>Informs Shareholders That Browning West Has Requested
the Special Meeting Be Held Without Delay</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><I>Urges Gildan&rsquo;s Board to Respect the Will of
Shareholders and Not Employ Tactics</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><I>to Unreasonably Delay Special Meeting</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">LOS ANGELES--(BUSINESS WIRE)--Browning West, LP (together
with its affiliates, &ldquo;Browning West&rdquo; or &ldquo;we&rdquo;) is a significant, long-term shareholder of Gildan Activewear Inc.
(NYSE: GIL) (TSX: GIL) (&ldquo;Gildan&rdquo; or the &ldquo;Company&rdquo;), beneficially owning approximately 5.0% of the Company&rsquo;s
outstanding shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Today, Browning West issued a letter to shareholders
announcing that it has requisitioned a Special Meeting of Shareholders (the &ldquo;Special Meeting&rdquo;) for the purpose of providing
shareholders an opportunity to reconstitute Gildan&rsquo;s Board of Directors (the &ldquo;Board&rdquo;). In the letter, Browning West
disclosed that it has expanded its slate of director candidates to eight members and is now seeking to remove a majority of the sitting
directors. The Special Meeting is proposed to be convened without delay and will allow shareholders to install the following highly qualified
individuals: Michael Kneeland, Glenn Chamandy, Michener Chandlee, Ghislain Houle, Me&#769;lanie Kau, Peter Lee, Karen Stuckey, and J.P.
Towner. Browning West believes that significant change is urgently needed at Gildan to protect long-term shareholder value.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">The full text of today&rsquo;s letter is below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">***</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">January 9, 2024</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Fellow Shareholders,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Browning West is a significant and long-term shareholder
of Gildan, owning approximately 5.0% of the Company&rsquo;s outstanding shares. We are pleased to announce that we have delivered a request
to the Company to requisition a Special Meeting to be held without delay, which will provide shareholders an opportunity to reconstitute
Gildan&rsquo;s Board. It is critical that the Board hold the Special Meeting expeditiously, because with each passing day the current
state of uncertainty is risking permanent damage to Gildan stakeholders. As a reminder, since Mr. Chamandy&rsquo;s termination, Gildan&rsquo;s
stock has underperformed the most relevant index by 20%, implying that each of the Company&rsquo;s Board members is already responsible
for more than $1.2 billion USD of value destruction.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>1</SUP></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Browning West has expanded its slate and is now
seeking majority change in Gildan&rsquo;s boardroom because new information has come to light in recent days indicating that the Board
is deeply entrenched and is entirely unresponsive to shareholder demands.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We would like to explain the reasons why we have expanded
our slate from five to eight director candidates, which would represent a majority of the Board. Browning West and eight other independent
shareholders, representing approximately 35% of Gildan&rsquo;s outstanding shares, have expressed substantial concern over the Board&rsquo;s
actions and called for the immediate reversal of the Board&rsquo;s significant missteps. Despite the unprecedented magnitude of shareholder
demands, recent communications with the Board&rsquo;s representatives and the Board&rsquo;s own public statement have made it clear that
the Board is far more entrenched than we had previously imagined. The urgent need for even more substantial change became apparent once
we learned that the Board unanimously: (i) will not consider the reinstatement of Glenn Chamandy as CEO, (ii) is committed to appointing
Vincent Tyra to the CEO role, and (iii) is not willing to reconstitute the Board in a credible manner.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Furthermore, we learned that the Board intends to
(i) employ extreme delay tactics by postponing its next Annual Meeting of Shareholders and any Special Meeting requisitioned to as late
as Fall 2024 and (ii) deploy baseless litigation tactics against its own shareholders. These disappointing tactics are designed to divert
focus from substantive issues while imposing significant costs and hurdles on concerned shareholders so they abandon their campaigns to
protect shareholder value. We are not deterred by such tactics and will continue to exert our rights and hold the Board accountable for
its failures. Finally, we are concerned that the Board may bring forward Mr. Tyra&rsquo;s start date. Such a move would highlight the
Board&rsquo;s reckless disregard for shareholders who have clearly rejected Mr. Tyra and his weak credentials.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Additionally, it is troubling that the Board deliberately
attempts to diminish Gildan&rsquo;s strong historical results and growth prospects:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 27pt"><FONT STYLE="font-family: Symbol"><B>&#183;</B></FONT></TD><TD STYLE="text-align: justify">On December 20th the Board released a letter stating: &#8220;Over the last four years, however, Mr. Chamandy
has struggled to find additional avenues of long-term organic growth.&#8221; However, the Board neglects to mention that over the past
four years Gildan has grown earnings per share by 54% cumulatively, driven primarily by market share gains despite a challenging economic
environment.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>2</SUP></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 27pt"><FONT STYLE="font-family: Symbol"><B>&#183;</B></FONT></TD><TD STYLE="text-align: justify">On January 8th the Board released another letter stating: &#8220;&#8230;Mr. Chamandy struggled to scale
an increasingly complex organization&#8230;resulting in an eight-year annual revenue growth rate of less than one percent&#8230;&#8221;
However, the Board appears to not understand its own historical financial statements because in fact over the past eight years Gildan
has grown revenue by 3% annually and grown earnings per share by 75% cumulatively.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>3</SUP></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 27pt"><FONT STYLE="font-family: Symbol"><B>&#183;</B></FONT></TD><TD STYLE="text-align: justify">We are particularly disturbed that the Board appears to be contradicting its own prior public disclosures
with respect to Mr. Chamandy&#8217;s performance. For example, in his signed Chairman Statement in the Company&#8217;s 2022 Annual Report
dated February 23, 2023, Donald Berg writes: (i)&nbsp;<I>&#8220;<U>we are pleased with our strong performance</U>&nbsp;and strategic advancements
during 2022,&#8221;&nbsp;</I>(ii)<I>&#8220;Specifically, while the changing environment over the past few years has made the apparel industry
challenging, our manufacturing capacity initiatives and vertical integration give us the confidence that our capital investments&nbsp;<U>are
placing us in a position of strength to capitalize on future growth opportunities</U>,&#8221;&nbsp;</I>and (iii)&nbsp;<I>&#8220;As we
enter the second year of the GSG strategy, we are on a solid footing to build on this past year&#8217;s accomplishments.&nbsp;<U>The combination
of our focused strategy, competitive strengths, and dedicated team positions us well to deliver long-term value to our shareholders</U>.&#8221;</I>&nbsp;Mr.
Berg&#8217;s praise of Mr. Chamandy&#8217;s leadership was not isolated to the 2022 Annual Report; in his signed 2021 Chairman Statement
Mr. Berg wrote,&nbsp;<I>&#8220;heading into the next stage of our growth,&nbsp;<U>we&#8217;re in a stronger position than we&#8217;ve
ever been</U>&#8221;</I>&nbsp;and in his signed 2020 Chairman Statement he wrote, &#8220;<I>the Board has confidence that the initiatives
and decisions taken by the Company&nbsp;<U>will continue strengthening Gildan&#8217;s competitive position and drive future growth.</U>&#8221;</I>
We remind shareholders that the Board and Mr. Berg have a legal obligation and a duty to provide accurate statements in their public disclosure
documents. Did the Board and Mr. Berg deliberately mislead shareholders over the prior three years, or are they deliberately misleading
shareholders now?</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Board&rsquo;s continued attempts to deliberately
disparage the Company&rsquo;s historical performance and growth prospects are obviously harmful to shareholders and are disrespectful
not only to Mr. Chamandy but also to employees, who have worked hard to put the Company in a strong position. Browning West believes that
under Mr. Chamandy&rsquo;s leadership Gildan is well positioned for strong earnings growth over the coming years for the following reasons:
(i) the Company has demonstrated substantial market share gains in recent quarterly results and is positioned for additional share gains,
(ii) Gildan&rsquo;s end markets may currently be at a cyclical low point and may rebound in coming periods, and (iii) we believe that
the business is poised to deliver the highest margins in its history as certain cost headwinds abate. These factors suggest that it is
unlikely that the business would have little growth going forward, and we are surprised that the Board does not appear to understand the
key drivers of its own business. We can only presume that the Board is denigrating the Company&rsquo;s historical results, future prospects,
and management team in order to justify its own mishandled succession process.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Based on the latest disappointing information, the
Board has forced our hand, and we no longer believe that a minority slate is sufficient to prevent the further destruction of shareholder
value and achieve our key objectives of: (i) appointing Mr. Kneeland as independent, non-executive Chair, (ii) terminating Mr. Tyra&rsquo;s
employment, (iii) appointing Mr. Chamandy as CEO, and (iv) reassessing committee composition and committee chair roles.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">To achieve these objectives, we will be seeking shareholder
support at the upcoming Special Meeting to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">1.</TD><TD STYLE="text-align: justify">Remove eight of the incumbent directors &ndash; Donald Berg, Maryse Bertrand, Marc Caira, Shirley Cunningham,
Charles Herington, Luc Jobin, Craig Leavitt, and Chris Shackelton &ndash; from Gildan&rsquo;s Board; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">2.</TD><TD STYLE="text-align: justify">Appoint eight highly qualified director candidates &ndash; Michael Kneeland, Glenn Chamandy, Michener
Chandlee, Ghislain Houle, Me&#769;lanie Kau, Peter Lee, Karen Stuckey, and J.P. Towner &ndash; to the Board.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><U>We believe installing Browning West&rsquo;s majority
slate at the Special Meeting will help protect Gildan and long-term shareholder value</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our director nominees possess strong track records
of value creation, expertise in successful succession planning, relevant industry and governance experience, as well as proven management
and board service pedigrees in Canada and the U.S. Our slate looks forward to eventually sharing its credible, value-enhancing strategy
for improving governance and delivering sustainable growth. We greatly appreciate the substantial support received thus far from investors
who have publicly and privately supported our slate of highly qualified director candidates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our eight highly qualified director candidates are:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 22.5pt"><FONT STYLE="font-family: Symbol"><B>&#183;</B></FONT></TD><TD STYLE="text-align: justify"><B>Michael Kneeland (U.S. Citizen), Non-Executive Chair and Former Chief Executive Officer of United Rentals,
Inc. (NYSE: URI), is a renowned leader with an exceptional record of value creation in a large and operationally complex business, experience
overseeing a robust executive development program and successful CEO succession processes, and experience working with founders of highly
successful businesses. In our experience, the most effective board Chairs are those individuals who have been successful CEOs in their
own executive careers. Former CEOs are able to more effectively mentor current CEOs and their successors, as opposed to those executives
whose careers ended in a functional or divisional role. His experience is highly relevant given the recently mishandled CEO succession,
which was overseen by the current Board. </B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify">&nbsp;</P>

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<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Exceptional Record of Value Creation in a Large and Operationally Complex Business:</U> Mr. Kneeland
currently serves as the Non-Executive Chair of United Rentals, Inc. (&ldquo;United Rentals&rdquo;), a nearly $50 billion USD enterprise
value equipment rental business with over $14 billion USD of revenue and nearly $7 billion USD of EBITDA.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>4</SUP></FONT>
Mr. Kneeland became Chair in May 2019, following his retirement as CEO. United Rentals stock has returned 16x or 18% annualized over the
past 16 years, generating nearly $35 billion USD in value spanning Mr. Kneeland&rsquo;s CEO and Chair tenure at United Rentals from 2007
to today.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>5</SUP></FONT> Under Mr. Kneeland&rsquo;s leadership
as CEO, United Rentals also invested over $10 billion USD in net capital expenditures and nearly $8 billion USD in acquisitions which
drove significant value creation.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>6</SUP></FONT> United
Rentals&rsquo; revenue, EBITDA, and free cash flow per share grew 2.5x, 3.8x, and 9.5x, respectively, during his CEO tenure.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>7</SUP></FONT>
During his tenure as CEO and Chair, United Rentals&rsquo; operating margins improved over 1,000 basis points to over 28%, which is well
above the 18 to 20% operating margins shareholders expect from Gildan.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>8</SUP></FONT>
Mr. Kneeland&rsquo;s leadership achievements are profiled in the book &ldquo;Lessons from the Titans,&rdquo; which highlights his team&rsquo;s
operational excellence, kaizen mentality, and investment discipline. These skills are directly relevant to Gildan&rsquo;s operations.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Experience Leading Successful CEO Succession Processes:</U> When he was CEO, Mr. Kneeland carefully
developed internal succession candidates, and in 2019 he successfully transitioned the United Rentals CEO role to COO Matthew Flannery.
Since Mr. Flannery became CEO, United Rentals&rsquo; stock has returned 4.2x, or 36% annualized, continuing the company&rsquo;s strong
track record of value creation.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>9</SUP></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Experience Working with Founders of Successful Businesses:</U> United Rentals was initially led by
its founders in the first six years of the company&rsquo;s existence. Mr. Kneeland had extensive experience working with these founders
while he was in a senior leadership position.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Notable Leadership Roles:</U> Mr. Kneeland currently serves as Chair of Maxim Crane Works and as a
director on the board of American Tire Distributors, Inc. In 2015, he was appointed to the National Advisory Board for the Johns Hopkins
Berman Institute of Bioethics.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 27pt"><FONT STYLE="font-family: Symbol"><B>&#183;</B></FONT></TD><TD STYLE="text-align: justify"><B>Glenn Chamandy (Canadian Citizen), Co-Founder and Former Chief Executive Officer of Gildan, has a strong
record of value creation, an unrivaled understanding of Gildan&#8217;s low-cost vertically integrated apparel manufacturing business model,
and experience leading a complex global business. His experience is highly relevant given his role as Gildan&#8217;s CEO for almost 20
years. </B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Strong Record of Value Creation:</U> Mr. Chamandy has over 40 years of experience leading Gildan, with
almost 20 years of experience serving as CEO. From 1998 to 2023, Mr. Chamandy was responsible for delivering nearly 16% annual growth
in earnings-per-share. During this time, Gildan&rsquo;s stock returned 99x, or a nearly 20% annualized return, outperforming all of Gildan&rsquo;s
competitors, many of which were forced to exit Gildan&rsquo;s market or were acquired by Gildan.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>10</SUP></FONT>
Even through a challenging economic environment, Mr. Chamandy enhanced market share and grew EPS at Gildan by 54% in the past four years.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>11</SUP></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Unrivaled Understanding of Gildan&rsquo;s Low-Cost Vertically Integrated Apparel Manufacturing Business
Model:</U> Mr. Chamandy devoted his entire career to building Gildan into a low-cost, vertically integrated manufacturing business, investing
over $2 billion USD of capital expenditures over the past 20 years.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>12</SUP></FONT>
Much of Gildan&rsquo;s success can be attributed to the low-cost position, which Mr. Chamandy architected and maintained for decades.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Experience Leading a Complex Global Business:</U> Mr. Chamandy oversaw Gildan&rsquo;s growth to over
$3 billion USD of annual sales and over $700 million USD of EBITDA. He led the expansion of Gildan&rsquo;s operations into Central America
and Bangladesh.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Notable Leadership Roles:</U> In 2015, Mr. Chamandy founded The Chamandy Foundation, a private family
foundation with a vision of improving the lives of the younger generation, through funding areas such as health and wellness, education,
poverty, research, and the environment.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 27.35pt"><FONT STYLE="font-family: Symbol"><B>&#183;</B></FONT></TD><TD STYLE="text-align: justify"><B>Michener Chandlee (U.S. Citizen), Former Chief Risk Officer for NIKE, Inc. (NYSE: NKE), Former Chief
Financial Officer of Fanatics Commerce, formerly Fanatics Inc., and Current Chief Financial Officer of WHOOP, is a world-class finance
leader with an exceptional record of value creation in apparel businesses with complex global supply chains. His experience is highly
relevant given his understanding of mass market apparel and global supply chains in contrast to the Gildan Board which has no mass market
apparel experience.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Extensive Expertise in Apparel and in Complex Global Supply Chains:</U> Mr. Chandlee has over two decades
of experience as a key finance leader managing complex global supply chains at NIKE, Inc. (&ldquo;Nike&rdquo;) and Fanatics, Inc. (&ldquo;Fanatics&rdquo;),
both of which are large customers of Gildan. Mr. Chandlee spent 18 years at Nike, the $159 billion USD enterprise value global athletic
footwear and apparel company, most recently as the Vice President of Corporate Audit and Chief Risk Officer from 2016 to 2019.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>13</SUP></FONT>
At Nike he also held various senior global roles, including Chief Financial Officer of Nike business units including Mexico, Golf, Emerging
Markets, North America, and Global Brands and Marketplace. Mr. Chandlee also served as Chief Financial Officer of Fanatics Commerce. Fanatics
is a $31 billion USD enterprise value digital sports platform that manufactures and sells licensed sports gear, hard goods, and apparel.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>14</SUP></FONT>
Mr. Chandlee has an understanding of Gildan&rsquo;s business model given Nike&rsquo;s and Fanatics&rsquo; commercial partnerships with
Gildan. Mr. Chandlee&rsquo;s extensive experience managing complex global supply chains and his knowledge of Gildan as a major customer
would be highly relevant to the Gildan Board.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Exceptional Record of Value Creation in Consumer Businesses:</U> During Mr. Chandlee&rsquo;s nearly
four-year tenure at Fanatics, the company&rsquo;s enterprise value increased nearly 7x from $4.5 billion USD to $31 billion USD.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>15</SUP></FONT>
During Mr. Chandlee&rsquo;s 18-year tenure at Nike, the stock returned 16x or 16% annually, while the company&rsquo;s revenue increased
by 4x and EBITDA increased by nearly 5x.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>16</SUP></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Experience Working with Founders of Highly Successful Businesses:</U> Mr. Chandlee has worked with
the boards and board committees of large-scale public and private companies that were led by highly successful founders including Nike,
Fanatics, and WHOOP.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 27.35pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><B>Ghislain Houle (Canadian Citizen), Executive Vice-President and Chief Financial Officer of Canadian
National Railway Company. (TSX: CNR), has extensive experience working in a large-scale and operationally complex business, has a strong
track record of value creation, and has significant financial and capital allocation expertise. His experience is highly relevant given
the operational complexity of Gildan&#8217;s business and the need for value creation expertise on the Board. </B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.3pt; text-align: justify"><B>&nbsp;</B></P>

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<TD STYLE="width: 22.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Significant Experience Leading a Large Scale and Operationally Complex Business:</U> Mr. Houle currently
serves as Executive Vice-President and Chief Financial Officer of Canadian National Railway (&ldquo;Canadian National&rdquo;), a $94 billion
USD enterprise value business based in Montreal, and the fourth largest business in Canada by market capitalization.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>17</SUP></FONT>
He has over 26 years of experience at the company, having originally joined in 1997. Canadian National is Canada&rsquo;s largest railway,
operating a nearly 20,000-mile rail network serving Canada and the Midwestern and Southern United States. The company employs nearly 25,000
people and delivers nearly 6 million carloads of freight annually. Mr. Houle has a deep understanding of supply chains and operational
experience in the railroad industry and extensive experience in financing, financial planning, strategy, mergers &amp; acquisitions, and
implementation of enterprise-wide data software systems.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.3pt; text-align: justify"><B>&nbsp;</B></P>

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<TD STYLE="width: 22.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Strong Record of Value Creation Over Nearly Three Decades:</U> During Mr. Houle&rsquo;s total tenure
at Canadian National from 1997 to today, the company&rsquo;s stock has returned 45x or 16% annualized.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>18</SUP></FONT>
During Mr. Houle&rsquo;s tenure as Chief Financial Officer from July 2016 to today, the Company&rsquo;s market capitalization grew by
nearly $35 billion USD.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>19</SUP></FONT> Over this same
time period, Canadian National has grown revenue nearly 40% and grown free cash flow per share by nearly 65%.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>20</SUP></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.3pt; text-align: justify"><B>&nbsp;</B></P>

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<TD STYLE="width: 22.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Significant Financial and Capital Allocation Expertise:</U> As Chief Financial Officer, Mr. Houle has
responsibility for financial management, planning, and reinvestment, among other responsibilities. Cumulatively over the past 7.5 years,
Canadian National has generated approximately $17 billion USD in free cash flow, invested approximately $16 billion USD in capital expenditures,
repurchased approximately $11 billion worth of shares, and paid out nearly $9 billion USD in dividends.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>21</SUP></FONT>
Mr. Houle has also played a leading role on Canadian National&rsquo;s Audit Committee during his CFO tenure.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><B>&nbsp;</B></P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 27.35pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><B>Me&#769;lanie Kau (Canadian Citizen), Chair of the Human Resources and Corporate Governance Committee
and former Lead Director of Alimentation Couche-Tard Inc. (TSX: ATD), has extensive experience working with the founders of highly successful
businesses and has led multiple successful CEO succession plans. Her experience is highly relevant given the recently mishandled and abrupt
CEO transition overseen by Gildan&#8217;s Board. </B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.3pt; text-align: justify"><B>&nbsp;</B></P>

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<TD STYLE="width: 22.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Extensive Experience Working with Founders of Highly Successful Businesses:</U> Since 2006, Ms. Kau
has served as a board director of Alimentation Couche-Tard Inc. (&ldquo;Couche-Tard&rdquo;), a $67 billion USD enterprise value global
convenience store operator based in Laval, Canada with over $68 billion USD of revenue and nearly $6 billion USD of EBITDA.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>22</SUP></FONT>
Couche-Tard employs 128,000 people and operates over 14,400 convenience stores spanning 25 countries all across the world.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>23</SUP></FONT>
She is currently the Chair of the Human Resources and Corporate Governance Committee and was previously Lead Director from 2017 to 2022.
During Ms. Kau&rsquo;s tenure, the company&rsquo;s revenue and earnings per share have grown 7x and 18x, respectively, while its stock
has returned 23x, or 21% annualized.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>24</SUP></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.3pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.3pt; text-align: justify">Ms. Kau is also Chair of A&eacute;roports
de Montr&eacute;al, the private operator of Trudeau International Airport (&ldquo;YUL&rdquo;) and Mirabel International Airport (&ldquo;YMX&rdquo;).
YUL is Canada&rsquo;s third largest and busiest airport serving over 20 million passengers annually. Ms. Kau served as Chair of Governance
and Human Resources Committee and worked with the founding management team. During Ms. Kau&rsquo;s tenure, the business has increased
revenue 1.9x and EBITDA 2.2x.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>25</SUP></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.3pt; text-align: justify">&nbsp;</P>

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<TD STYLE="width: 22.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Successful Record of Managing CEO Succession in Founder-Led Companies:</U> As the Chair of Couche-
Tard&rsquo;s Human Resources and Corporate Governance Committee, Ms. Kau was responsible for the CEO transition in 2014 from the company&rsquo;s
CEO and founder Alain Bouchard, who generated a 92x total return, to COO Brian Hannasch.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>26</SUP></FONT>
The transition was highly successful; since Mr. Hannasch&rsquo;s appointment as CEO, Couche-Tard&rsquo;s stock has returned 4.8x, or 18%
annualized.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>27</SUP></FONT> Ms. Kau also led the most
recent CEO succession at A&eacute;roports de Montr&eacute;al in 2023 which resulted in an external hire.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.3pt; text-align: justify"><B>&nbsp;</B></P>

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<TD STYLE="width: 22.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Notable Executive and Leadership Experience:</U> Ms. Kau is the Chair and former President of Mobilia
Ltd., an independent family-owned retailer in Quebec, where she was President from 1995 to 2011. Ms. Kau also served as the Co-President
of Le Naturiste Inc. from 2012 to 2015, a retail chain located in Quebec. Ms. Kau has received several accolades for her business acumen
and entrepreneurship, including Canada&rsquo;s Top 40 under 40 and the John Molson School of Business Award of Distinction.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"><B>&nbsp;</B></P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 27pt"><FONT STYLE="font-family: Symbol"><B>&#183;</B></FONT></TD><TD STYLE="text-align: justify"><B>Peter Lee (U.S. Citizen), Co-Founder and Partner of Browning West, possesses extensive financial and
capital allocation acumen, experience leading public company CEO searches, and brings substantial alignment with shareholders given that
Browning West is one of Gildan&#8217;s largest long-term shareholders. His experience is highly relevant given the current Board has recently
taken actions that have destroyed substantial value for shareholders. </B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify"><B><I>&nbsp;</I></B></P>

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<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Extensive Financial and Capital Allocation Acumen and Prior Public Company Board Experience:</U> Mr.
Lee is a Partner and Co-Founder of Browning West, where he plays a leading role in investment research and capital allocation. Mr. Lee
previously served on the board of Countryside Partnerships plc (&ldquo;Countryside&rdquo;), and he played a leading role in enabling the
merger of Countryside and Vistry Group plc to create the largest homebuilder by volume in the U.K.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>28</SUP></FONT>
Prior to joining Browning West, Mr. Lee worked at Criterion Capital Management, Grey Mountain Partners, and Lazard.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify">&nbsp;</P>

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<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Experience Leading Public Company CEO Searches:</U> The Partners of Browning West have co-led seven
CEO or Chair searches at public companies, including co-leading a CEO search to resolve a weak succession plan at Countryside Properties
plc, where Mr. Lee served as a director. If appointed to Gildan&rsquo;s Board, Mr. Lee would harness all of Browning West&rsquo;s resources
to assist Gildan with succession planning and other matters.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify">&nbsp;</P>

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<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Strong Alignment with Shareholders:</U> If elected to the Board, Mr. Lee would bring a shareholder
perspective and strong alignment to the boardroom, considering Browning West is one of Gildan&rsquo;s top long-term shareholders. Mr.
Lee has been deeply involved in the firm&rsquo;s investment in Gildan, having conducted 46 meetings with senior leadership and multiple
visits to the Company&rsquo;s manufacturing sites.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify"><B>&nbsp;</B></P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 27pt"><FONT STYLE="font-family: Symbol"><B>&#183;</B></FONT></TD><TD STYLE="text-align: justify"><B>Karen Stuckey (U.S. Citizen), Former Senior Vice President at Walmart Inc. (NYSE: WMT), has extensive
experience in apparel, led large-scale businesses with an international presence, and operated within a low-cost business model. Her experience
is highly relevant given Gildan&#8217;s low-cost business model and the fact that no current Gildan directors have mass market apparel
experience.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Extensive Expertise in Apparel, Including Private Label:</U> Ms. Stuckey has nearly two decades of
experience as a senior leader at Walmart Inc. (&ldquo;Walmart&rdquo;), most recently as Senior Vice President, Private Brand within the
General Merchandise segment. In this role, Ms. Stuckey led the development of Walmart&rsquo;s private label strategy across more than
100 verticals, including apparel. It is noteworthy that she was responsible for introducing Gildan private label products at Walmart.
Ms. Stuckey also served as President of the Casualwear Division of Hanesbrands Inc. (NYSE: HBI) from 2000 to 2004, which was a competitor
to Gildan at the time.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>29</SUP></FONT> These experiences
are highly relevant as she can provide both a competitor&rsquo;s and customer&rsquo;s perspective on Gildan and would be the first member
of the Board with direct mass market apparel product knowledge.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Experience Operating Businesses of Significant Scale:</U> Ms. Stuckey oversaw a segment with over $40
billion USD in annual revenues with full P&amp;L responsibility and led the development of strategy and operational execution. Walmart
operates more than 10,500 retail stores across 24 countries and is the world&rsquo;s largest private employer.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Experience Operating Internationally with a Global Supply Chain:</U> Ms. Stuckey oversaw global operations
with a sourcing budget of over $20 billion USD and a supply chain across multiple continents. Ms. Stuckey has direct experience working
in countries in which Gildan operates throughout Central America and Asia.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

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<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Operated Within a Low-Cost Business Model:</U> During a nearly two-decade career at Walmart, Ms. Stuckey
was steeped in a culture and operating model that emphasized the importance of low-cost operations. The success of Walmart&rsquo;s low-cost
model is widely considered one of the great case studies in long-term value creation.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 27.35pt"><FONT STYLE="font-family: Symbol"><B>&#183;</B></FONT></TD><TD STYLE="text-align: justify"><B>J.P. Towner (Canadian Citizen), Former Chief Financial Officer of Dollarama Inc. (TSX: DOL) and Current
Chief Financial Officer of RONA inc., has extensive experience working in low-cost vertically integrated businesses focused on value-oriented
consumer products with successful founders and has a track record of delivering strong financial results. His experience is highly relevant
given Gildan&#8217;s focus on vertical integration and maintaining a low-cost advantage. </B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 27pt; text-align: justify">&nbsp;</P>

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<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Experience in Vertically Integrated Businesses Focused on Value-Oriented Consumer Products:</U> Mr.
Towner is the former Chief Financial Officer of Dollarama Inc. (&ldquo;Dollarama&rdquo;), a $23 billion USD enterprise value vertically
integrated retailer focused on value-oriented products based in Canada. Dollarama is vertically integrated through sourcing, distribution,
and retail and focuses on delivering the best value to its customers in Canada, which is highly relevant to Gildan&rsquo;s own vertically
integrated and low-cost business model. In addition to its Canadian operations, Dollarama also operates a highly successful multi-national
strategy across four countries in Central and South America. During Mr. Towner&rsquo;s tenure, Dollarama&rsquo;s revenue grew at nearly
14% annually and earnings per share grew at nearly 25% annually. These strong operating results underpinned a total return of 84% and
an annualized return of 27% for Dollarama&rsquo;s stock during Mr. Towner&rsquo;s tenure.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>30</SUP></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40.5pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Track Record of Delivering Strong Financial Results:</U> Mr. Towner is a seasoned finance executive
with more than 15 years of experience in corporate and financial strategy, capital markets, and risk management. As Chief Financial Officer
of Dollarama, Mr. Towner contributed to a highly successful capital allocation strategy and returned significant value to shareholders;
in addition, he was instrumental in improving Dollarama&rsquo;s EBITDA margins. He currently serves as the Chief Financial Officer of
RONA inc. (&ldquo;RONA&rdquo;), one of Canada's leading home improvement retailers, currently owned by a private equity firm. RONA generated
over $5 billion USD in revenue in 2022, operating or servicing 425 corporate and affiliated dealer stores with a team of 22,000 employees.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>31</SUP></FONT>
Mr. Towner also spent five years as Executive Vice-President and Chief Financial Officer of Pomerleau Inc. (&ldquo;Pomerleau&rdquo;),
one of the largest construction companies in Canada, which generated nearly $2.4 billion USD in revenue in 2021.<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>32</SUP></FONT>
During his tenure, he contributed to increasing the revenue and profitability of Pomerleau&rsquo;s operations by 3x and 5x, respectively.
Additionally, Mr. Towner spent nearly 10 years with BMO Capital Markets.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><U>Experience Working with Founders of Highly Successful Businesses:</U> Mr. Towner has worked extensively
with independent board members and board committees of public and private companies, as well as representatives from the founding families
of Dollarama and Pomerleau.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We have urged the Board to refrain from taking further
entrenchment actions and not employ tactics to unreasonably delay the Special Meeting. Any delay tactics will be a clear sign of further
entrenchment, continued disregard for shareholders, and will increase the damage currently being inflicted on the Company and its stakeholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">Sincerely,</TD>
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Usman S. Nabi</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">Peter M. Lee</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">***</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>No Solicitation</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FEFEFE">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FEFEFE">This press release is for
informational purposes only and is not a solicitation of proxies. If Browning West determines to solicit proxies in respect of any meeting
of shareholders of the Company, any such solicitation will be undertaken by way of an information circular or as otherwise permitted by
applicable Canadian corporate and securities laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FEFEFE"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FEFEFE"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FEFEFE"><B>Disclaimer for Forward-Looking
Information</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FEFEFE">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FEFEFE">Certain information in
this news release may constitute &ldquo;forward-looking information&rdquo; within the meaning of applicable securities legislation. Forward-looking
statements and information generally can be identified by the use of forward-looking terminology such as &ldquo;outlook,&rdquo; &ldquo;objective,&rdquo;
 &ldquo;may,&rdquo; &ldquo;will,&rdquo; &ldquo;expect,&rdquo; &ldquo;intend,&rdquo; &ldquo;estimate,&rdquo; &ldquo;anticipate,&rdquo; &ldquo;believe,&rdquo;
 &ldquo;should,&rdquo; &ldquo;plans,&rdquo; &ldquo;continue,&rdquo; or similar expressions suggesting future outcomes or events. Forward-looking
information in this news release may include, but is not limited to, statements of Browning West regarding (i) how Browning West intends
to exercise its legal rights as a shareholder of the Company, and (ii) its plans to make changes at the Board and management of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FEFEFE">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FEFEFE">Although Browning West
believes that the expectations reflected in any such forward-looking information are reasonable, there can be no assurance that such expectations
will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance
or developments to differ materially from those contained in the statements including, without limitation, the risks that (i) the Company
may use tactics to thwart the rights of Browning West as a shareholder and (ii) the actions being proposed and the changes being demanded
by Browning West, may not take place for any reason whatsoever. Except as required by law, Browning West does not intend to update these
forward-looking statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FEFEFE">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FEFEFE"><B>Advisors</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FEFEFE">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FEFEFE">Olshan Frome Wolosky LLP
is serving as legal counsel, Goodmans LLP is serving as Canadian legal counsel, and Longacre Square Partners is serving as strategic advisor
to Browning West. Carson Proxy is serving as proxy advisor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FEFEFE">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FEFEFE"><B>About Browning West,
LP</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FEFEFE">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FEFEFE">Browning West is an independent
investment partnership based in Los Angeles, California. The partnership employs a concentrated, long-term, and fundamental approach to
investing and focuses primarily on investments in North America and Western Europe.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FEFEFE">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: #FEFEFE">Browning West seeks to
identify and invest in a limited number of high-quality businesses and to hold these investments for multiple years. Backed by a select
group of leading foundations, family offices, and university endowments, Browning West&rsquo;s unique capital base allows it to focus
on long-term value creation at its portfolio companies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 22.5pt; text-align: justify; text-indent: -22.5pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 22.5pt"><B>Contacts</B></TD><TD STYLE="text-align: justify"></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 22.5pt; text-align: justify; text-indent: -22.5pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 22.5pt; text-align: justify; text-indent: -22.5pt"><B>Browning West</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 22.5pt">info@browningwest.com<BR>
310-984-7600</TD><TD STYLE="text-align: justify"><BR>
</TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 22.5pt; text-align: justify; text-indent: -22.5pt"><B>Longacre Square
Partners</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 22.5pt; text-align: justify; text-indent: -22.5pt">Charlotte Kiaie /
Scott Deveau, 646-386-0091</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 22.5pt">browningwest@longacresquare.com</TD><TD STYLE="text-align: justify"></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 22.3pt; text-align: justify; text-indent: -22.3pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 22.5pt; text-align: justify; text-indent: -22.5pt"><B>Carson Proxy</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 22.5pt; text-align: justify; text-indent: -22.5pt">Christine Carson,
416-804-0825</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 22.5pt">christine@carsonproxy.com</TD><TD STYLE="text-align: justify"></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<HR ALIGN="LEFT" SIZE="1" STYLE="width: 33%">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>1</SUP></FONT>
Bloomberg market data as of January 8, 2024 and represents total return relative to the Russell 2000 index since December 8, 2023. Loss
in market value calculated as difference between Gildan market capitalization assuming same performance as Russell 2000 since December
8, 2023 vs. Gildan actual return through January 8, 2024.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>2</SUP></FONT>
Adjusted EPS growth measured from FY2019 to FY2023 based on Gildan Annual Report and FY2023 Gildan guidance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>3</SUP></FONT>
Revenue and Adjusted EPS growth measured from FY2015 to FY2023 based on Gildan Annual Report and FY2023 Gildan guidance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>4</SUP></FONT>
Bloomberg market data as of January 8, 2024. FY2023E consensus USD revenue and EBITDA estimates for United Rentals.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>5</SUP></FONT>
Bloomberg. Represents total return and change in market capitalization from June 4, 2007 to January 8, 2024.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>6</SUP></FONT>
United Rentals Annual Reports &amp; Quarterly Earnings Press Releases (2007 &ndash; 2019).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>7</SUP></FONT>
United Rentals Annual Reports &amp; Quarterly Earnings Press Releases (2007 &ndash; 2019). Represents change in revenue, EBITDA, and free
cash flow per share from 2007 to 2019.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>8</SUP></FONT>
United Rentals Annual Reports &amp; Quarterly Earnings Press Releases (2007 &ndash; 2023). Margin expansion represents operating margins
from 2007 to 2023 based on Company EBITDA guidance and Bloomberg consensus estimates for D&amp;A as of January 8, 2024.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>9</SUP></FONT>
Bloomberg. United Rentals total return from May 8, 2019 to January 8, 2024.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: black"><SUP>10</SUP></FONT>
Bloomberg market data as of January 8, 2024 and represents total return since June 17, 1998 IPO through December 8, 2023. Adjusted EPS
CAGR measured from FY1998 through FY2023 from Gildan Annual Report and Gildan FY2023 guidance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: black"><SUP>11</SUP></FONT>
Adjusted EPS growth measured from FY2019 to FY2023 based on Gildan Annual Report and FY2023 Gildan guidance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>12</SUP></FONT>
Gildan 2022 Investor Day and 2022 Annual Report.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>13</SUP></FONT>
Bloomberg market data as of January 8, 2024.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>14</SUP></FONT>
$31 billion USD enterprise value as of last funding round in December 2022 sourced from The Wall Street Journal article, &ldquo;Fanatics
Hits $31 Billion Valuation in Latest Funding Round,&rdquo; from December 6, 2022.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>15</SUP></FONT>
$4.5 billion USD enterprise value as of September 2019 per CNBC article, &ldquo;Fanatics hires Nike exec as CFO; business is targeting
over $2.5 billion in sales this year&rdquo;, from September 17, 2019.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>16</SUP></FONT>
Bloomberg. Nike total return from December 29, 2000 to September 17, 2019.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>17</SUP></FONT>
Bloomberg market data as of January 8, 2024.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>18</SUP></FONT>
Bloomberg. Represents total return from August 29, 1997 to January 8, 2024.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>19</SUP></FONT>
Bloomberg. Represents change in market capitalization from June 30, 2016 to January 8, 2024.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>20</SUP></FONT>
Canadian National Annual and Quarterly Reports (FY2016 Q2 to FY2023 Q3 Report).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>21</SUP></FONT>
Canadian National Annual and Quarterly Reports (FY2016 Q2 to FY2023 Q3 Report).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>22</SUP></FONT>
Bloomberg market data as of January 8, 2024. Couche-Tard revenue and EBITDA represent October 2023 last twelve month figures in USD.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>23</SUP></FONT>
Couche-Tard FQ2 2024 Investor Presentation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>24</SUP></FONT>
Bloomberg. Represents total return of Couche-Tard from June 4, 2007 to January 8, 2024.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>25</SUP></FONT>
A&eacute;roports de Montr&eacute;al annual and quarterly financial press releases from 2013 to 2023.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>26</SUP></FONT>
Bloomberg. Represents total return from September 12, 1988 to September 24, 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>27</SUP></FONT>
Bloomberg. Represents total return from September 24, 2014 to January 8, 2024.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>28</SUP></FONT>
Vistry Group plc is projected to be the largest U.K. homebuilder by volume in FY2024 based on Bloomberg consensus estimates as of January
8, 2024.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>29</SUP></FONT>
Hanesbrands Inc. was a division of Sara Lee Corporation during Ms. Stuckey&rsquo;s tenure prior to its spin-off in 2006. Prior to becoming
President of the Casualwear Division, Ms. Stuckey served as President of Just My Size Company within Hanesbrands Inc. from 1997 to 2000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>30</SUP></FONT>
Dollarama Annual and Quarterly Reports (FY2021 to October 2023 LTM). Dollarama total return from March 1, 2021 to September 12, 2023.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>31</SUP></FONT>
RONA website &ndash; &ldquo;News&rdquo; section.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>32</SUP></FONT>
Pomerleau 2021 Annual Report. Assumes an average USD to CAD foreign exchange rate of 1.2535.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
