TORONTO, ONTARIO – August 9, 2024 – Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC“) is pleased to announce the successful completion of its previously-announced plan of arrangement transaction (the “Arrangement“) involving Viridian Acquisition Inc. (the “Purchaser“), a wholly-owned subsidiary of Viridian Holdings LP, a limited partnership collectively owned by Homesteaders Life Company (“Homesteaders“) and certain funds the general partner of which is Birch Hill Equity Partners Management Inc. (“Birch Hill“). Pursuant to the Arrangement, among other things, the Purchaser acquired all of the issued and outstanding common shares of Park Lawn (the “Common Shares“) for cash consideration of $26.50 per Common Share (the “Consideration“). The Arrangement became effective earlier today. Registered shareholders are reminded that, in order to receive the Consideration in exchange for their Common Shares, they must complete, sign and return the letter of transmittal to Odyssey Trust Company, in its capacity as depositary under the Arrangement, together with the certificate(s) or DRS advice(s) representing their Common Shares. If you have any questions or require further information regarding the procedures for receiving the Consideration, please contact Odyssey Trust Company, by telephone at 1-888-290-1175 (toll-free within North America) or at 1-587-885-0960 (outside of North America), or by e-mail at [email protected].  Non-registered shareholders and debentureholders should receive the consideration to which they are entitled under the Arrangement directly in their brokerage accounts. Non-registered shareholders and debentureholders should contact their broker or other intermediary if they have any questions or require further information regarding the procedures for receiving the consideration to which they are entitled under the Arrangement. As a result of the completion of the Arrangement, the Common Shares and the 5.75% senior unsecured debentures of Park Lawn (the “Debentures“) are expected to be delisted from the Toronto Stock Exchange within two business days of closing. Park Lawn has submitted an application to the applicable securities regulators to cease to be a reporting issuer and to terminate its public reporting obligations. Further details regarding the Arrangement are set out in Park Lawn’s management information circular dated June 27, 2024 (the “Circular“), which is available on SEDAR+ (www.sedarplus.ca) under Park Lawn’s issuer profile. Required Early Warning Report Information Prior to completion of the Arrangement, the Purchaser did not have beneficial ownership of, or control or direction over, any Common Shares. Upon completion of the Arrangement, the Purchaser beneficially owns, or exercises control or direction over, 34,466,909 Common Shares in aggregate, representing 100% of the issued and outstanding Common Shares. An early warning report will be filed in accordance with applicable securities laws and will be available on Park Lawn’s SEDAR+ profile at www.sedarplus.ca. To obtain a copy of the early warning report, please contact Viridian Acquisition Inc., 81 Bay Street, Unit 4510, Toronto, Ontario, M5J 0E7, Attention: Sean Makins, 416-775-3800. Park Lawn’s head office is located at 2 St. Clair Avenue East, Suite 705, Toronto, Ontario, M4T 2T5. Advisors National Bank Financial acted as financial advisor to the special committee of independent directors of Park Lawn (the “Special

TORONTO, ONTARIO – August 7, 2024 – Park Lawn Corporation (TSX: PLC, PLC.U) (“Park Lawn” or “PLC“) today announced the receipt of the final order of the Ontario Superior Court of Justice (Commercial List) dated August 6, 2024 (the “Final Order“) with respect to the previously-announced plan of arrangement transaction (the “Arrangement“) involving Viridian Acquisition Inc. (the “Purchaser“), a wholly-owned subsidiary of Viridian Holdings LP, a limited partnership collectively owned by Homesteaders Life Company and certain funds, the general partner of which is Birch Hill Equity Partners Management Inc. The Final Order was the final substantive court approval required prior to closing of the Arrangement, which is anticipated to occur on or about August 9, 2024. Completion of the Arrangement remains subject to customary closing conditions. Pursuant to the Arrangement, among other things, the Purchaser will acquire all of the issued and outstanding common shares of Park Lawn (the “Common Shares“),by way of a plan of arrangement under the provisions of the Business Corporations Act (Ontario), for cash consideration of $26.50 per Common Share. The Arrangement was overwhelmingly approved by Park Lawn shareholders at the special meeting of shareholders held on July 29, 2024. Further details regarding the Arrangement are set out in the management information circular of Park Lawn dated June 27, 2024 (the “Circular“), the news release of Park Lawn dated June 3, 2024 and the arrangement agreement dated June 3, 2024 among Park Lawn, the Purchaser and Viridian Holdings LP, each of which are available under Park Lawn’s SEDAR+ profile at www.sedarplus.ca. About Park Lawn PLC is the largest publicly traded Canadian-owned funeral, cremation and cemetery provider. PLC and its subsidiaries own and operate businesses including cemeteries, crematoria, funeral homes, chapels and event centers throughout Canada and the United States which provide a full range of services and merchandise to fulfill the desires of individuals and families seeking to honor their loved ones. Products and services can be customized to meet the personal needs of the consumer and are sold on a pre-planned basis (pre-need) or at the time of a death (at-need). PLC operates in two Canadian provinces and seventeen U.S. states. For more information about Park Lawn Corporation, please visit our website at www.parklawncorp.com. About Homesteaders Homesteaders, a mutual insurance company based in West Des Moines, Iowa, is a national leader providing products and services to promote and support the funding of advance funeral planning and end-of-life expenses. Homesteaders is a trusted, reliable and secure source of end-of-life funding for thousands of funeral professionals and the families they serve. About Birch Hill Birch Hill is a Canadian mid-market private equity firm with a long history of driving growth in its portfolio companies and delivering returns to its investors. Based in Toronto, Birch Hill currently has $5 billion in capital under management. Since 1994, the firm has made 71 investments, with 57 fully realized. Today, Birch Hill’s 14 partner companies collectively represent one of Canada’s largest corporate entities with over $9 billion in total revenue and