Reaffirms That Only the Election of ALL NINE of its Highly Qualified Nominees Will Deliver the Fresh Leadership, Governance, and Accountability Shareholders Deserve

Cautions Incumbent Board NOT to Deploy Further Questionable Tactics That Could Delay the Shareholder Meeting or the Integrity of the Vote

Deadline to Vote is 5:00 P.M. (Calgary Time) on Thursday, May 1, 2025

Visit www.RefuelParkland.com for Details on How to Vote, Information on Simpson Oil’s Director Nominees, and Their Plan to Build Value for All Shareholders

Simpson Oil Limited (“Simpson Oil”, “we” or “our”), the largest shareholder of Parkland Corporation (“Parkland” or the “Company”), holding 19.8% of the Company’s outstanding common shares, reminds shareholders to vote FOR its nine highly-qualified director nominees using the GOLD universal proxy card ahead of the Company’s upcoming Annual General Meeting (the “Meeting”) on May 6, 2025.

To ensure their vote is counted, shareholders must submit their proxy by 5:00 p.m. (Mountain Time) on Thursday, May 1, 2025.

Simpson Oil’s call for boardroom change continues to gain momentum. In addition to the overwhelming support we’ve received from fellow shareholders, both Glass Lewis and ISS—the two leading independent proxy advisory firms—have recommended shareholders vote for meaningful boardroom change on the GOLD universal proxy card. As part of their recommendations, the proxy advisors highlighted Parkland’s longstanding underperformance, financial and strategic missteps, and a troubling pattern of entrenchment and gamesmanship by the board of directors (the “Board”)—further underscoring the need for new, independent oversight.

Over the past two years, rather than addressing the ongoing performance issues and serious concerns raised by Simpson Oil, other shareholders, and the market at-large, the Board has instead engaged in gamesmanship and distraction tactics. In the latest example, Chairman Mike Jennings issued a last-ditch plea to shareholders. Had the incumbent Board been doing its job of creating long-term value, such an appeal wouldn’t be necessary. They’ve had their chance. It’s time for a new Board—aligned with shareholders and equipped with the independence, experience, and skillsets needed to Refuel Parkland and deliver lasting value.

YOUR VOTE IS IMPORTANT, NO MATTER HOW MANY SHARES YOU OWN.

PLEASE VOTE THE GOLD PROXY TODAY.

Simpson Oil reminds shareholders to use only the GOLD proxy card to vote for ALL NINE of Simpson Oil’s highly qualified director nominees:

- Monty Baker

- Michael Christiansen

- Mark Davis

- Jackie Doak

- Chris Folan

- Brian Gibson

- Marc Halley

- Darcy Morris

- Karen Stuckey

Only the GOLD universal proxy card allows shareholders to vote for Simpson Oil’s entire slate. Do not vote using management’s blue card or voting control. If you have already voted using management’s blue proxy card, you are encouraged to vote only using the GOLD proxy or voting control number, which will override any previous vote.

The deadline to vote is 5:00 P.M. Calgary Time on Thursday, May 1, 2025.

If you would like to vote shares that you hold in your Employee Share Purchase Plan (ESPP), if you have not received your Voting Instruction Form (VIF) by mail, or if you need help voting the GOLD proxy, please contact Carson Proxy, at 1-800-530-5189 (North America Toll Free), 416-751-2066 (Local and Text), or by email at info@carsonproxy.com.

If you miss this deadline, we still encourage shareholders to submit the GOLD proxy and Simpson Oil will endeavour to ensure that your vote is counted.

For more information on the Simpson Oil nominees, their plan to unlock shareholder value at Parkland, and how to vote, visit www.RefuelParkland.com. Proxy materials are also available under Parkland’s SEDAR+ profile at www.sedarplus.ca, including a GOLD Proxy Card or voting instruction form.

Advisors

Blake, Cassels & Graydon LLP is serving as legal counsel. Longacre Square Partners is serving as strategic advisor, and Carson Proxy is serving as proxy solicitor.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250501007221/en/