Mr. Steven Richardson reports

PARKLAND APPOINTS MICHAEL JENNINGS TO ITS BOARD OF DIRECTORS

Parkland Corp. has appointed energy industry veteran Michael Jennings to its board of directors, effective Feb. 10, 2024.

"Michael is a seasoned chief executive officer and board member with over three decades of international integrated energy experience. We are delighted to welcome him to our board of directors," said Steven Richardson, chairman of the board. "Michael brings extensive executive and public board experience. His track record as a CEO underscores his industry knowledge and strategic acumen. Our board and Parkland's shareholders will benefit greatly from his expertise as we advance our strategy to deliver long-term value to all shareholders."

Mr. Jennings's career includes nearly two decades with HF Sinclair Corp. and predecessor companies Holly Frontier and Frontier Oil. Similar to Parkland, these companies provide petroleum products and renewables across the United States, Canada and Europe and have extensive transportation and storage infrastructure. As CEO of HF Sinclair, Mr. Jennings led large-scale operational and financial integrations, delivered significant growth, and enhanced shareholder value.

Previously, Mr. Jennings held a variety of senior finance, commercial, business development and treasury roles within numerous domestic and international organizations. In addition, he previously served as chairman of public companies Holly Frontier, Frontier Oil and Holly Energy Partners, as a board member of FTS International and ION Geophysical Corp., and as chairman of the board of Montage Resources. Mr. Jennings currently serves on the board of The Plaza Group.

Mr. Jennings's appointment forms part of Parkland's continuing and strategic board renewal process.

About Parkland Corp.

Parkland is an international fuel distributor, marketer and convenience retailer with operations in 25 countries across the Americas. It serves over one million customers each day. Its vast retail network meets the fuel and convenience needs of everyday consumers. Parkland's commercial operations provide businesses with industrial fuels so that they can better serve their customers. With approximately 4,000 retail and commercial locations across Canada, the United States and the Caribbean region, the company has developed supply, distribution and trading capabilities to accelerate growth and business performance.