Mr. Mike Power reports

MIKE POWER RETURNS AS CEO OF FP NEWSPAPERS INC.

Mike Power has returned to the helm as chief executive officer of FP Newspapers Inc., effective May 21, 2024. A veteran in the media industry, Mr. Power previously served as president and CEO of the company until November, 2023, leaving a mark on its growth and direction.

With a career that spans decades, Mr. Power is known for his strategic and innovative thinking, and unwavering commitment to journalistic integrity. During his previous tenure, he spearheaded transformative initiatives solidifying FPI as the trusted source of news and information in Manitoba and beyond its borders.

"We are thrilled to welcome Mike back to FPI. His expertise, passion for journalism and leadership will undoubtedly steer the company towards continued success," remarked Bob Silver, chair of FP Newspapers.

Darren Murphy will remain with FPI through a transition period. "We thank Darren for his work during this interim period and look forward to continued progress and success," stated Mr. Silver.

"I am honoured and excited to rejoin the great team at FPI," said Mr. Power. "Together, we will build upon our legacy of informing, inspiring and empowering communities through unbiased reporting and compelling storytelling. "

About FP Newspapers Inc.

FP Newspapers owns securities entitling it to 49 per cent of the distributable cash flow of FP Canadian Newspapers LP (FPLP). FPLP owns and operates the Winnipeg Free Press, along with several other Manitoba-based news and media publications that are available in both print and digital formats. The informative and engaging content it produces has an extensive reach throughout the province of Manitoba. The breadth of the company's reach provides compelling platforms for those looking to effectively reach a Manitoba audience.