Parkland Corporation Announces Election Deadline for the Sunoco Arrangement

Core Viewpoint - Parkland Corporation has announced the deadline for registered holders of its common shares to make elections regarding the consideration receivable from the Sunoco Arrangement, set for October 17, 2025 [1]. Group 1: Election Process - The Election Deadline for shareholders to make their elections is 5:00 P.M. Calgary time on October 17, 2025 [1]. - Registered shareholders received a letter of transmittal and election form on September 11, 2025, which provides complete instructions [2]. - Beneficial shareholders must contact their intermediaries for instructions, as they should not use the letter of transmittal [3]. Group 2: Sunoco Arrangement - The Sunoco Arrangement is expected to close in the fourth quarter of 2025, pending regulatory approvals and customary closing conditions [4]. - Parkland entered into an arrangement agreement with Sunoco LP and related entities on May 5, 2025, for a cash and equity transaction to acquire all issued and outstanding Company Shares [5]. Group 3: Company Overview - Parkland Corporation is a leading international fuel distributor and convenience retailer operating in 26 countries across the Americas [6]. - The company has approximately 4,000 retail and commercial locations and offers a range of services, including renewable fuels and ultra-fast EV charging [6].