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PLC: CEO Completes Highly Successful Run; Announces Transition Plan

February 18, 2020

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

PLC Completes Acquisition of Family Legacy, LLC and WG-TN, LLC

January 31, 2020

Strategically expands U.S. footprint into Tennessee TORONTO, January 31, 2020/CNW/ – Park Lawn Corporation (TSX: PLC) (“PLC” or “Park Lawn”) is pleased to announce that it has completed the previously announced acquisition of all of the outstanding stock and membership interests of Family Legacy, LLC (“Family Legacy”), a business with 12 locations operating in the greater Nashville, Tennessee area, as well as all of the outstanding membership interests in WG-TN, LLC (“Harpeth Hills”), a large combination business located in Nashville, Tennessee. The acquisition excludes one stand-alone funeral home that Park Lawn initially intended to acquire from Family Legacy. As a result, the purchase price for Family Legacy has been proportionately reduced and, in the first full year of operations following

Park Lawn Corporation to Acquire Family Legacy, LLC and WG-TN, LLC

January 2, 2020

Strategically expands U.S. footprint into Tennessee TORONTO, January 2, 2020/CNW/ – Park Lawn Corporation (TSX: PLC) (“PLC”) is pleased to announce that it has entered into definitive agreements to acquire all of the outstanding stock and membership interests of Family Legacy, LLC (“Family Legacy”), a business with 13 locations operating in Nashville, Tennessee, as well as all of the outstanding membership interests in WG-TN, LLC (“Harpeth Hills”), a large combination business located in Nashville, Tennessee. “Family Legacy and Harpeth Hills are preeminent funeral home and cemetery businesses which serve a large and attractive metropolitan market in middle Tennessee. The acquisition of Family Legacy and Harpeth Hills presents an exciting opportunity for Park Lawn to enter the Tennessee market by acquiring

Park Lawn Corporation Announces Upsize to Credit Facility

November 25, 2019

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:

Park Lawn Corporation Releases Q3 2019 Results

November 12, 2019

Quarter shows steady organic growth and solid overall results TORONTO, ONTARIO –November 12, 2019 Today, Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company”) released its third quarter results for 2019 (“Q3 2019“). After adjusting for the impact of foreign exchange, revenue growth from comparable business units increased by 3.1% year over year and 3.7% for the quarter   Adjusted EBITDA margin increased to 22.9% in Q3 2019 from 21.9% for the same period in 2018 “PLC had a steady quarter, with strong organic growth and margin expansion. We remain focused on integration of the US platform as well as continuing to look for both organic growth and acquisition opportunities in both the US and Canada to further expand our operational

Park Lawn Corporation Recognized As Top Performer

September 26, 2019

Listed among 30 companies with strongest share price appreciation in recent years TORONTO, ONTARIO – (September 26, 2019) Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company”), the largest publicly-traded, Canadian-owned funeral, cremation and cemetery provider, was recognized this morning as an inaugural member of the Toronto Stock Exchange’s TSX30. The TSX30 is a new program designed to celebrate the 30 top-performing TSX stocks over the last three years, based on dividend-adjusted share price appreciation. “The last three years have been transformative for our business. We’re thrilled to have been recognized as a TSX and Canadian success story,” said Andrew Clark, CEO of PLC. “The dynamic team at PLC has played an instrumental role in delivering strong returns for our

Park Lawn Corporation Releases Q2 2019 Results

August 12, 2019

PLC continues to show strong revenue & per share growth for the first half of 2019 TORONTO, ONTARIO – (August 12, 2019) Today, Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company”) released its second quarter results for 2019 (“Q2 2019“). • After adjusting for the impact of foreign exchange, revenue growth from comparable business units increased by 3.2 % year over year and 3.5% for the quarter. • Adjusted EBITDA margin increased to 22.6% in Q2 2019 from 21.1% for the same period in 2018. “PLC delivered strong per share growth for our shareholders through solid operating results for the first half of 2019. PLC continues the successful execution of its business plan focusing on acquisitions and organic growth

Park Lawn Q2 2019 Financial Results Released on Monday, August 12, 2019 and Earnings Conference Call on Tueday, August 13, 2019 at 9:30 AM EST

August 2, 2019

TORONTO, ONTARIO – (August 2, 2019) – Park Lawn Corporation (TSX: PLC) (“PLC”) announced today that it will release its Q2 financial results for 2019 on Monday August 12, 2019. PLC will host a conference call at 9:30 am (EST) on Tuesday August 13, 2019 to discuss its Q2 2019 financial results. Details of the conference call are as follows: Date: Tuesday, August 13, 2019   Time: 9:30am EST   Dial-in Number: Local (647) 427-7450 | Toll Free (888) 231-8191 | Conference ID: 3658707 To ensure your participation, please join approximately five minutes prior to the scheduled start of the conference call. About Park Lawn Corporation PLC provides goods and services associated with the disposition and memorialization of human remains. Products

Park Lawn Corporation Completes Acquisition of Horan & McConaty Funeral Services, LLC

July 2, 2019

TORONTO, July 2, 2019 /CNW/ – Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company”) is pleased to announce that it has completed the previously announced acquisition of all the outstanding equity of Horan & McConaty Funeral Services (“Horan”). Horan, formerly owned by John Horan, operates two cemeteries and eleven funeral homes (including two on sites) in the high growth Denver Metropolitan Area. “The acquisition of Horan is a unique and extremely exciting opportunity for Park Lawn. Horan is a preeminent funeral home and cemetery business in the U.S., which has served the Denver area for generations. I am delighted that John Horan and his team are joining PLC and will remain involved in the business,” said Andrew Clark, Chairman

Park Lawn Acquires Integrity Funeral Care

June 27, 2019

TORONTO, June 27, 2019 /CNW/ – Park Lawn Corporation (TSX: PLC) (“PLC”) is pleased to announce that, effective June 25, 2019, it completed the purchase of the assets of Integrity Funeral Care, a funeral business located in Houston, Texas. “We are excited to expand our presence in Texas by adding a funeral home to complement our existing cemetery operations in the Houston market. This location will tuck-in to our Houston portfolio and is in line with PLC’s growth strategy,” stated Andrew Clark, Chairman and CEO of PLC. Highlights of the transaction include: • The purchase of Integrity Funeral Care, formerly owned and operated by David Peña, was funded with proceeds from PLC’s existing credit facility; • The purchase price multiple is within PLC’s

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