April 16, 2018

Press Release

Park Lawn Corporation Agrees to Acquire The Signature Group and Citadel Management and Announces C$165 Million Bought Deal Offering

Today, Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company”) is pleased to announce that it has entered into definitive agreements to acquire all of the outstanding membership interests of two U.S. businesses: Signature Funeral and Cemetery Investments, LCC (“Signature” or “Signature Acquisition”) and Citadel Management LLC (“Citadel”, together with Signature the “Acquisitions”) for a total purchase price of approximately US$136.4 million in cash, subject to customary working capital adjustments.

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