Press Releases

TORONTO, ONTARIO (June 1, 2021) – Park Lawn Corporation (TSX: PLC) (“Park Lawn” or the “Company”) announced the results from its Annual General Meeting of shareholders held earlier today. A total of 18,832,526 of Park Lawn’s common shares (“Shares”) (representing approximately 63.48% of the issued and outstanding Shares as of the record date for the meeting) were represented at the meeting. The vote was conducted by online ballot. Each of Park Lawn’s eight directors were elected at the meeting, by a resolution passed by the shareholders present or represented by proxy at the meeting, to hold office until the close of the next annual meeting of shareholders. The results of the vote are detailed below: Park Lawn’s Chief Executive Officer, Brad

New CEO search underway as Chairman and CEO Andrew Clark moves on to next career challenge Company well-positioned for new phase of growth; reaffirms growth targets and expresses confidence in management team TORONTO, February 18, 2020/CNW/ – Park Lawn Corporation (TSX: PLC) (“PLC” or “Park Lawn”) announces Andrew Clark has advised the board of directors (the “Board”) that he will be stepping down as Chairman and CEO of PLC.  Until a new CEO is appointed, Mr. Clark will continue as CEO and work closely with the Board and management to ensure a smooth transition. Paul G. Smith, who has been a director of PLC for three years, will assume the role of Chairman effective today. “It has been a tremendous

CIBC Joins PLC’s Banking Syndicate TORONTO, ONTARIO–(November 25, 2019) – Park Lawn Corporation (TSX:PLC) (“PLC”) is pleased to announce an increase to its syndicated bank financing arrangement as well as the addition of CIBC to the syndicate led by National Bank of Canada and including Bank of Montreal, Bank of America and The Toronto-Dominion Bank. The financing arrangement increases PLC’s borrowing capacity from $175 million to $250 million. The additional credit will provide PLC with further flexibility as it continues to pursue its growth strategy. In particular, the revolving credit facility is expected to support PLC’s ability to capitalize on organic projects and acquisition opportunities as they arise, while maintaining a prudent approach to leverage. Highlights of the credit facilities include: