Coast Appliances

IMPORTANT NOTICE - CUSTOMER INFORMATION UPDATE

If you have placed a deposit or made a purchase with Coast Appliances, or have general inquiries regarding the CCAA proceedings, please refer to the FAQ section above for important information, including the treatment of deposits and purchases and your available next steps.

CCAA

^{Page last updated: May 6, 2026}

This page is for information purposes only and you should consult your professional adviser if you have any questions or are uncertain as to your rights or obligations.

Status of file as of April 27, 2026

On April 27, 2026, the Syndicate sought and Court granted two orders:

1) An Amended and Restated Initial from the Supreme Court of British Columbia (the “Court”). The Amended and Restated Initial Order, amends and restates the Initial Order made by the Court on April 17, 2026. Pursuant to the Amended and Restated Initial Order and among other things, the Stay Period is extended to August 14, 2026.

2) A Liquidation Sale Approval Order from the Court. Pursuant to the Liquidation Sale Approval Order and among other things, the agency agreement between Coast Wholesale Appliances Inc., Coast Holdings (GP) Ltd., Coast Limited Partnership, and Coast Holdings Limited Partnership (the “Debtors”) and Hilco Canada Holdings, ULC (“Hilco”) dated April 27, 2026 is authorized and approved. The execution of the agreement by the Monitor is also authorized, approved, and ratified.

All related Court Orders and Materials can be found under the Court Materials and Court Orders tabs, respectively.

Status of file as of April 17, 2026

On April 17, 2026, the Company's lenders sought and obtained an initial order (the “Initial Order”) under the Companies’ Creditors Arrangement Act (“CCAA”) from the Supreme Court of British Columbia. Pursuant to the Initial Order, PricewaterhouseCoopers Inc., LIT was appointed Monitor (the “Monitor”) of Coast Wholesale Appliances Inc. and Coast Holdings (GP) Ltd. (the “Debtor Companies”).