Mullen Group Ltd. completed the sale of a real property comprising an operating terminal and surrounding lands totaling 4.5 acres in Surrey, British Columbia. This terminal, currently operated by Tenold Transportation Ltd., is set to relocate to Abbotsford, British Columbia. This move aligns with Mullen Group's strategic priorities set at the start of 2022, focusing on balance sheet management. The sale of this terminal, considered a non-core asset, coupled with the previous divestiture of Hydrovac Assets, has resulted in Mullen Group shedding approximately $50.0 million in non-core assets over the year. This transaction has significantly advanced the company's goal of eliminating bank debt by the end of 2022.