Cintas has communicated its proposal to UniFirst's Board of Directors and has made public the correspondence exchanged between the two companies since November 2024. This transparency reflects Cintas' commitment to the acquisition process.

To facilitate the acquisition, Cintas has enlisted BDT & MSD Partners as its financial advisor and Davis Polk & Wardwell LLP for legal counsel. The acquisition is still subject to further developments, and Cintas may file additional documents with the SEC, including registration and proxy statements.

Investors and security holders are encouraged to review these forthcoming documents, as they will provide essential information regarding the acquisition. Cintas has clarified that this announcement does not constitute an offer to sell or solicit any securities.

If successful, this acquisition could significantly enhance Cintas' operational capabilities and market reach, potentially benefiting shareholders. On January 7, 2025, Cintas Corporation announced a proposal to acquire all outstanding shares of UniFirst Corporation for $275.00 per share in cash. This move is part of Cintas' strategy to enhance its market presence.