Communiqués de presse Back to News Retour aux nouvelles Print Retour aux nouvelles Print Montréal (Québec), le 23 avril 2021 – Pages Jaunes Limitée (TSX : Y) (la « société »), un chef de file en matière de médias numériques et de solutions marketing au Canada, annonce le remboursement complet, le 31 mai 2021, du montant en capital global de 107 033 000 $ de ses débentures échangeables. « Comme nous nous étions engagés à le faire en février 2020, nous sommes ravis d’annoncer que la société a déposé son avis de remboursement et procédera au remboursement complet de ses débentures échangeables le 31 mai 2021, au pair, en plus des intérêts courus et impayés. Nous sommes enchantés d’avoir atteint ce jalon marquant la fin de notre endettement, et nous nous réjouissons d’avance de dévoiler dans quelques semaines nos résultats du premier trimestre, » a déclaré David A. Eckert, président et chef de la direction de Pages Jaunes Limitée. Conférence téléphonique et webdiffusion Pages Jaunes Limitée présentera un appel pour les analystes et les médias, avec webdiffusion simultanée, à 8 h 30 HNE le 13 mai 2021 pour discuter de ses résultats du premier trimestre de 2021. Il sera possible de participer à l’appel en composant le 416-695-6725 dans la région de Toronto, ou le 1 866 696-5910 à l’extérieur de Toronto, et en employant le code d’accès 8577790#. Prévoyez de vous joindre à l’appel au moins cinq minutes avant l’heure du début de la conférence. L’appel sera diffusé simultanément au site Web de la société, à : https://entreprise.pj.ca/fr/investisseurs/rapports-financiers/ . L’appel sera ensuite archivé dans la section « Investisseurs » du site, à : https://entreprise.pj.ca/fr/investisseurs/evenements-financiers-presentations/ . À propos de Pages Jaunes Limitée Pages Jaunes Limitée (TSX : Y) est une société canadienne de médias numériques et de solutions marketing qui offre des occasions aux vendeurs et aux acheteurs d’interagir et de faire des affaires au sein de l’économie locale. Pages Jaunes détient certains des principaux médias locaux en ligne au Canada, notamment PJ.ca , Canada411 et 411.ca , ainsi que les applications mobiles PJ, Canada411 et 411, de même que les annuaires imprimés Pages Jaunes. Pour plus d’information, visitez notre site Web au www.entreprise.pj.ca/fr/ , Personnes- ressources : Investisseurs Franco Sciannamblo Premier vice-président et chef de la direction financière financière investors@yp.ca Médias John Ireland Premier vice-président, efficacité organisationnelle communications@yp.ca Pages Jaunes Limitée annonce le remboursement intégral de ses débentures échangeables le 31 mai 2021

Press Releases Back to News Back to News Montreal (Quebec), August 5, 2022 — Yellow Pages Limited (TSX: Y) (the “Company”), a leading Canadian digital media and marketing company, released its operating and financial results today for the quarter and six months ended June 30, 2022 and made several announcements relating to its use of cash. “Today we report another significant step in our steady march toward revenue stability, while maintaining superior profitability, and we announce a plan to distribute cash of $100 million to our shareholders and $24 million into our defined benefit pension plan,” said David A. Eckert, President and CEO of Yellow Pages Limited. Eckert commented on the key developments: Approaching revenue stability. “For the seventh consecutive quarter since COVID-19 hit, and the twelfth of the last fourteen quarters overall, we report a favorable ‘bending of the revenue curve’ in Q2, with a better rate of change in revenue than reported for the previous quarter.” Continued favorable trends in bookings. “As we have said frequently, we continue to see increasingly favorable trends in our bookings, which are the leading indicator of our future reported revenue.” Strong quarterly earnings. “Our Adjusted EBITDA2 for the quarter was 34.2% of revenue, even higher than last year’s second quarter, despite our continued, productive investments in revenue initiatives and evolving product mix.” Ever-growing cash balance. “Our steadily strong cash generation has grown cash on hand to approximately $135 million as of the end of July.” Pension plan funding on track. “Consistent with our previously announced deficit-reduction plan, in the second quarter of 2022 alone we made $1 million of voluntary incremental payments toward our Defined Benefit Pension Plan’s wind-up deficit.” Quarterly dividend declared. “Our Board has declared a dividend of $0.15 per common share, to be paid on September 15, 2022 to shareholders of record as of August 25, 2022.” Completed common stock NCIB. “Under our current NCIB program, commenced August 10, 2021, the Company purchased 423,099 common shares for cash of $6.1 million during Q2, 2022. This completed our NCIB program, which resulted in the Company purchasing a cumulative total of 1,122,511 common shares for cash of $16.0 million.” Cash to Shareholders and to Pension Plan. “Our Board has approved the use of discretionary cash of $100 million to buy back the Company’s shares and also advance $24 million of planned voluntary contributions to the Defined Benefit Pension Plan (the “Pension Plan”) by the end of the year, as part of a plan of arrangement.” (1) The dividend will be designated as an eligible dividend pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends. (2) Adjusted EBITDA is equal to Income from operations before depreciation and amortization and restructuring and other charges (defined herein as Adjusted EBITDA), as shown in Yellow Pages Limited’s interim condensed consolidated statements of income. Adjusted EBITDA, Adjusted EBITDA margin, CAPEX, Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin are non-GAAP financial measures and do not have any standardized meaning under IFRS. Therefore, they are unlikely to be comparable to similar measures presented by other public companies. Refer to the section on Non-GAAP financial measures on page 5 of this document for more details. Second Quarter of 2022 Results Total revenues decreased 6.7% year-over-year and amounted to $69.6 million for the three-month period ended June 30, 2022, an improvement from the decrease of 7.8% reported last quarter. Adjusted EBITDA less CAPEX totalled $22.6 million and the EBITDA less CAPEX margin was 32.4%. Net earnings increased to $12.7 million, or to $0.49 per diluted share. Financial Results for the Second Quarter of 2022 Total revenues for the second quarter ended June 30, 2022 decreased by 6.7% to $69.6 million, as compared to $74.6 million for the same period last year. The decrease in revenues is mainly due to the decline of our higher margin digital media and print products and to a lesser extent to our lower margin digital services products, thereby creating pressure on our gross profit margins. The decline rates for total revenues, digital revenues and print revenues all improved significantly year-over-year. Total revenue decline of 6.7% this quarter compares to a decline of 15.5% reported for the same period last year. Digital revenue decline of 5.2% this quarter compares to a decline of 13.6% reported for the same period last year. Print revenue decline of 11.2% this quarter compares to a decline of 20.8% reported for the same period last year. These improvements were due to better spend per customer as well as increased renewal rates. The improved customer spend per customer is due in part to increased pricing. Adjusted EBITDA1 decreased by $0.7 million or 2.7% to $23.8 million for the three-month period ended June 30, 2022, compared to $24.4 million for the same period last year. The Adjusted EBITDA margin1 increased by 1.4% to 34.2% for the second quarter of 2022 compared to 32.8% for the same period last year. The decrease in Adjusted EBITDA is the result of revenue pressures, partially offset by price increases, the efficiencies from optimization in cost of sales, reductions in other operating costs including reductions in our workforce and associated employee expenses, the decrease in bad debt expense and the impact of the Company’s share-price on cash settled stock-based compensation expense. Revenue pressures, coupled with increased headcount in our salesforce partially offset by continued optimization, will continue to cause some pressure on margin in upcoming quarters. Adjusted EBITDA less CAPEX1 decreased by $0.5 million or 2.3% to $22.6 million for the three-month period ended June 30, 2022, compared to $23.1 million for the same period last year. The decrease is driven by the decrease in Adjusted EBITDA. The adjusted EBITDA less CAPEX margin has increased to 32.4% for the second quarter of 2022 from 31.0% for the same period last year. (1) Adjusted EBITDA is equal to Income from operations before depreciation and amortization and restructuring and other charges (defined herein as Adjusted EBITDA), as shown in Yellow Pages Limited’s interim condensed consolidated statements of income. Adjusted EBITDA, Adjusted EBITDA margin, CAPEX, Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin are non-GAAP financial measures and do not have any standardized meaning under IFRS. Therefore, they are unlikely to be comparable to similar measures presented by other public companies. Refer to the section on Non-GAAP financial measures on page 5 of this document for more details. Net earnings increased to $12.7 million for the three-month period ended June 30, 2022 compared to net earnings of $6.0 million, for the same period last year. While the three-month period ended June 30, 2021, was impacted by the loss on the early repayment of debt of $7.8 million, the increase in net earnings for the same period in 2022 is further explained by lower Adjusted EBITDA1 and the increase in restructuring and other charges, being more than offset by the decrease in financial charges due to lower debt as well as the decrease in depreciation and amortization. Cash flows from operating activities decreased by $3.7 million to $24.8 million for the three-month period ended June 30, 2022. The decrease is mainly due to income taxes paid of $1.4 million, increased funding of post-employment benefit plans of $0.4 million, lower Adjusted EBITDA of $0.7 million, and by a decrease of $5.9 million from the change in operating assets and liabilities, partially offset by lower financial charges paid of $4.3 million and lower restructuring and other charges paid of $0.7 million. The change in operating assets and liabilities is mainly due to the timing in the collection of trade receivables and the timing of payment of trade payables as well as the impact of the share price on cash settled share-based compensation. As at June 30, 2022, the Company had $129.3 million of cash. Plan of Arrangement The Board has approved a distribution to shareholders of approximately $100 million by way of a share repurchase from all shareholders pursuant to a statutory arrangement under the Business Corporations Act (British Columbia). The arrangement will be effected pursuant to a plan of arrangement which provides that the Company will repurchase from shareholders pro rata an aggregate of 7,949,125 common shares at a purchase price of $12.58 per share, which represents the volume weighted average price for the five consecutive trading days ending the trading day immediately prior to August 5, 2022. Under the plan of arrangement, the Company will also advance the previously announced voluntary incremental cash contributions to the Pension Plan’s wind-up deficit by an amount of $24 million during the year ending December 31, 2022, bringing 2022 cash payments to the Pension Plan’s wind-up deficit to $30 million by the end of the year. The incremental voluntary cash infusion of $24 million during the year ended December 31, 2022 represents advancing the voluntary $6 million contributions intended in years 2027, 2028, 2029 and 2030 that were part of the Deficit Reduction Plan we announced in May of 2021 to increase the probability that the Pension Plan will be fully funded by 2030. The probability of achieving a wind-up ratio of 100% by 2030 is dependent upon certain uncontrollable factors, including, among others, market returns and discount rates. The Board will continue to review the Deficit Reduction Plan annually. The arrangement is subject to the approval of at least 66 2/3% of the votes cast by the holders of shares at a special meeting of shareholders that will be called to approve the arrangement. Shareholders holding in excess of 78% of the outstanding shares have agreed with the Company to vote in favor of the arrangement. The arrangement is also subject to the receipt of the approval of the Supreme Court of British Columbia. (1) Adjusted EBITDA is equal to Income from operations before depreciation and amortization and restructuring and other charges (defined herein as Adjusted EBITDA), as shown in Yellow Pages Limited’s interim condensed consolidated statements of income. Adjusted EBITDA, Adjusted EBITDA margin, CAPEX, Adjusted EBITDA less CAPEX, Adjusted EBITDA less CAPEX margin are non-GAAP financial measures and do not have any standardized meaning under IFRS. Therefore, they are unlikely to be comparable to similar measures presented by other public companies. Refer to the section on Non-GAAP financial measures on page 5 of this document for more details. Conference Call & Webcast Yellow Pages Limited will hold an analyst and media call and simultaneous webcast at 8:30 a.m. (Eastern Time) on August 5, 2022 to discuss second quarter 2022 results. The call may be accessed by dialing 416-695-6725 within the Toronto area, or 1-866-696-5910 outside of Toronto, Passcode 9191862#. Please be prepared to join the conference at least 5 minutes prior to the conference start time. The call will be simultaneously webcast on the Company’s website at: https://corporate.yp.ca/en/investors/financial-reports . The conference call will be archived in the Investors section of the site at: https://corporate.yp.ca/en/investors/financial-events-presentations . About Yellow Pages Limited Yellow Pages Limited (TSX: Y) is a Canadian digital media and marketing company that creates opportunities for buyers and sellers to interact and transact in the local economy. Yellow Pages holds some of Canada’s leading local online properties including YP.ca , Canada411 and 411.ca . The Company also holds the YP, Canada411 and 411 mobile applications and Yellow Pages print directories. For more information visit www.corporate.yp.ca . Caution Concerning Forward-Looking Statements This press release contains forward-looking statements about the objectives, strategies, financial conditions and results of operations and businesses of YP (including, without limitation, payment of a cash dividend per share per quarter to its common shareholders).These statements are forward-looking as they are based on our current expectations, as at August 4, 2022, about our business and the markets we operate in, and on various estimates and assumptions. Our actual results could materially differ from our expectations if known or unknown risks affect our business, or if our estimates or assumptions turn out to be inaccurate. As a result, there is no assurance that any forward-looking statements will materialize. Risks that could cause our results to differ materially from our current expectations are discussed in section 5 of our August 4, 2022 Management’s Discussion and Analysis. We disclaim any intention or obligation to update any forward-looking statements, except as required by law, even if new information becomes available, as a result of future events or for any other reason. Contacts: Investors Franco Sciannamblo Senior Vice-President and Chief Financial Officer investors@yp.ca Media Treena Cooper Senior Vice President, Secretary and General Counsel communications@yp.ca Non-GAAP Financial Measures Adjusted EBITDA and Adjusted EBITDA margin In order to provide a better understanding of the results, the Company uses the terms Adjusted EBITDA and Adjusted EBITDA margin. Adjusted EBITDA is equal to Income from operations before depreciation and amortization and restructuring and other charges (defined herein as Adjusted EBITDA), as shown in Yellow Pages Limited’s interim condensed consolidated statements of income. Adjusted EBITDA margin is defined as the percentage of Adjusted EBITDA to revenues. Adjusted EBITDA and Adjusted EBITDA margin are not performance measures defined under IFRS and are not considered an alternative to income from operations or net earnings in the context of measuring Yellow Pages performance. Adjusted EBITDA and Adjusted EBITDA margin do not have a standardized meaning under IFRS and are therefore not likely to be comparable to similar measures used by other publicly traded companies. Adjusted EBITDA and Adjusted EBITDA margin should not be used as exclusive measures of cash flow since they do not account for the impact of working capital changes, income taxes, interest payments, pension funding, capital expenditures, business acquisitions, debt principal reductions and other sources and uses of cash, which are disclosed on page 13 of our August 4, 2022 MD&A. Management uses Adjusted EBITDA and Adjusted EBITDA margin to evaluate the performance of its business as it reflects its ongoing profitability. Management believes that certain investors and analysts use Adjusted EBITDA and Adjusted EBITDA margin to measure a company’s ability to service debt and to meet other payment obligations or as common measurement to value companies in the media and marketing solutions industry as well as to evaluate the performance of a business. Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin The Company also uses Adjusted EBITDA less CAPEX, which is defined as Adjusted EBITDA, as defined above, less CAPEX which we define as additions to intangible assets and additions to property and equipment as reported in the Investing Activities section of the Company’s interim condensed consolidated statements of cash flows. Adjusted EBITDA less CAPEX margin is defined as the percentage of Adjusted EBITDA less CAPEX to revenues. Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin are non-GAAP financial measures and do not have any standardized meaning under IFRS. Therefore, are unlikely to be comparable to similar measures presented by other publicly traded companies. We use Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin to evaluate the performance of our business as it reflects cash generated from business activities. We believe that certain investors and analysts use Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin to evaluate the performance of businesses in our industry. The most comparable IFRS financial measure to Adjusted EBITDA less Capex is Income from operations before depreciation and amortization and restructuring and other charges (defined above as Adjusted EBITDA) as shown in Yellow Pages Limited’s interim condensed consolidated statements of income. Refer to page 9 of the August 4, 2022 MD&A for a reconciliation of Adjusted EBITDA less CAPEX. Yellow Pages Limited Reports Strong Second Quarter 2022 Results, Announces Plan for $100 million Share Buyback and $24 million Pension Plan Voluntary Contribution, and Declares a Cash Dividend(1) Back to News Print Print

Communiqués de presse Back to News Retour aux nouvelles Print Retour aux nouvelles Print Montréal (Québec), le 15 janvier 2026 — Pages Jaunes Limitée (TSX : Y) (la « Société » ou « Pages Jaunes »), chef de file en matière de médias numériques et de solutions marketing au Canada, annonce aujourd’hui est heureuse d’annoncer que Keri Sobkowich, du Manitoba, est la gagnante de son concours national de couverture d’annuaire 2026 Le thème du concours national d’art de cette année était « Les entreprises locales, le cœur de nos communautés ». Des artistes de partout au Canada ont été invités à soumettre des œuvres originales célébrant le rôle essentiel que jouent les entreprises locales dans l’identité des quartiers et le dynamisme des communautés. « Nous avons été sincèrement impressionnés par le talent et la créativité démontrés dans le cadre de ce concours national », a déclaré Sherilyn King, Présidente et Cheffe de la direction de Pages Jaunes. « Chaque soumission nous a rappelé quelque chose qui nous tient profondément à cœur : les entreprises locales sont le cœur battant des communautés à travers le pays. Nous sommes honorés de présenter l’œuvre de Keri Sobkowich sur la couverture de notre annuaire Pages Jaunes 2026 et remercions tous les artistes qui ont participé. » Son œuvre gagnante illustre le thème du concours en mettant en lumière la poésie discrète d’un paysage urbain typiquement canadien et en célébrant le lien entre les entreprises locales et les gens qui en dépendent. Ce lien contribue à la vitalité des communautés. Aujourd’hui établie en milieu urbain, Keri amorce un nouveau chapitre en tant qu’artiste professionnelle, marqué par la croissance et de nouvelles occasions. À compter de janvier 2026, l’œuvre de Keri Sobkowich figurera sur la couverture de millions d’annuaires Pages Jaunes distribués partout au Canada jusqu’en décembre 2026. Pour découvrir davantage de son travail, visitez www.ksobkowich-artist.ca ou suivez-la sur Instagram à @kerisart204. Contact: Relations avec les investisseurs et les médias Philip Samman Conseiller juridique principal et secrétaire investisseurs@pj.ca communications@yp.ca Pages Jaunes annonce la gagnante de son concours national de couverture d’annuaire 2026

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Communiqués de presse Back to News Retour aux nouvelles Print Retour aux nouvelles Print Montréal (Québec), le 29 août 2022 — Pages Jaunes Limitée (TSX : Y) (la « Société »), un fournisseur canadien de premier plan de médias numériques et de solutions marketing, a annoncé aujourd’hui qu’elle avait déposé et est sur le point de mettre à la poste la circulaire de sollicitation de procurations par la direction (la « circulaire ») ainsi que les documents connexes relatifs à l’assemblée extraordinaire (l’« assemblée ») des actionnaires de la Société (les « actionnaires ») visant à approuver l’arrangement annoncé préalablement en vertu de la loi de Colombie‑Britannique intitulée Business Corporations Act (l’« arrangement »). Aux termes de l’arrangement, la Société rachètera au pro rata auprès des actionnaires un total de 7 949 125 actions ordinaires au prix de rachat de 12,58 $ par action, ce qui correspond au cours moyen pondéré en fonction du volume des actions pour la période de cinq jours de bourse consécutifs se terminant le jour de bourse qui précède immédiatement le 5 août 2022, le tout comme il est plus amplement décrit dans la circulaire. Aux termes de l’arrangement, la Société avancera par ailleurs les cotisations en espèces supplémentaires facultatives annoncées préalablement en vue de réduire le déficit attribuable à la résiliation du régime de retraite à prestations déterminées de la Société (le « régime de retraite ») de 24 millions de dollars au cours de l’exercice qui sera clos le 31 décembre 2022, ce qui porterait le total des paiements en espèces pour 2022 visant à réduire le déficit attribuable à la résiliation du régime à prestations de retraite à 30 millions de dollars d’ici la fin de l’année. L’arrangement est conditionnel à l’approbation des actionnaires détenant au moins 66 ⅔ % des voix exprimées à l’assemblée. Des actionnaires qui détiennent plus de 78 % des actions en circulation ont convenu avec la Société de voter en faveur de l’arrangement. La réalisation de l’arrangement est également conditionnelle à l’obtention de l’approbation de la Cour suprême de la Colombie‑Britannique (la « Cour »). Recommandation du conseil Le conseil d’administration de la Société, après avoir obtenu des conseils juridiques et financiers, a établi à l’unanimité que l’arrangement est dans l’intérêt de la Société et est équitable pour les actionnaires, et recommande aux actionnaires de voter POUR l’arrangement. Ordonnance provisoire La Société a également annoncé aujourd’hui que la Cour avait délivré une ordonnance provisoire dans le cadre de l’arrangement autorisant de nombreuses questions, dont la tenue de l’assemblée et la mise à la poste de la circulaire. Date de clôture des registres La Société a déposé un avis de dates d’assemblée et de clôture des registres auprès des autorités en valeurs mobilières compétentes le 18 août 2022, aux termes duquel elle a informé les actionnaires que l’assemblée se tiendrait virtuellement le 23 septembre 2022 et a établi que la fermeture des bureaux le 18 août 2022 serait la date de clôture des registres (la « date de clôture des registres ») pour l’assemblée. Assemblée et circulaire L’assemblée doit avoir lieu sous forme virtuelle seulement par webdiffusion audio en direct à www.virtualshareholdermeeting.com/YP2022SM le 23 septembre 2022 à 10 h (heure de l’Est) . Les actionnaires, où qu’ils se trouvent, auront tous la chance d’assister à l’assemblée en ligne. Les actionnaires ne pourront assister à l’assemblée en personne. Les actionnaires inscrits à la fermeture des bureaux à la date de clôture des registres ont le droit de recevoir l’avis de convocation à l’assemblée et d’y voter. Les actionnaires sont priés de voter bien avant l’échéance pour la remise des procurations, qui a été fixée à 10 h (heure de l’Est) le 21 septembre 2022. La circulaire donne des renseignements importants sur l’arrangement et les questions s’y rapportant, notamment sur le contexte de l’arrangement, les procédures en matière de vote et la façon d’assister virtuellement à l’assemblée. Les actionnaires sont priés de lire la circulaire et ses annexes attentivement et intégralement. La circulaire est envoyée par la poste aux actionnaires, conformément aux lois applicables et à l’ordonnance provisoire. La circulaire peut être consultée sous le profil de la Société sur SEDAR, à www.sedar.com , de même que sur le site Web de la Société, à www.corporate.yp.ca . Questions des actionnaires et aide Les actionnaires qui ont des questions relativement à l’assemblée ou qui désirent obtenir de l’aide relativement au vote peuvent communiquer avec Broadridge Investor Communications Corporation, l’agent de sollicitation de procurations de la Société, par courriel à proxy.request@broadridge.com . À propos de Pages Jaunes Limitée Pages Jaunes Limitée (TSX : Y) est une société canadienne de médias numériques et de solutions marketing qui offre des occasions aux vendeurs et aux acheteurs d’interagir et de faire des affaires au sein de l’économie locale. Pages Jaunes détient certains des principaux médias locaux en ligne au Canada, notamment PJ.ca , Canada411 et 411.ca . La Société détient également les applications mobiles PJ, Canada411 et 411 ainsi que les annuaires imprimés Pages Jaunes. Pour plus d’information, visitez notre site Web à www.entreprise.pj.ca . Mise en garde concernant les énoncés prospectifs Le présent communiqué de presse contient des énoncés prospectifs au sens des lois sur les valeurs mobilières applicables. Ces énoncés sont prospectifs et sont fondés sur nos attentes actuelles, au 26 août 2022, à propos de nos activités, ainsi que sur diverses estimations et hypothèses qui sont actuelles, raisonnables et complètes. Nos résultats réels pourraient différer sensiblement de nos attentes, si des risques connus ou inconnus ont une incidence sur nos activités ou si nos estimations ou hypothèses se révèlent inexactes. Par conséquent, rien ne garantit que des énoncés prospectifs se matérialiseront. Les risques qui pourraient faire en sorte que nos résultats diffèrent sensiblement de nos attentes actuelles sont analysés à la section 5 de notre rapport de gestion du 4 août 2022. Sauf si nous y sommes tenus par la loi, nous n’avons pas l’intention ni l’obligation de mettre à jour des énoncés prospectifs, et ce, même si de nouveaux renseignements deviennent disponibles par suite d’événements futurs ou pour toute autre raison. Personnes‑ressources : Investisseurs Franco Sciannamblo Premier vice‑président et chef de la direction financière investors@yp.ca Médias Treena Cooper Première vice‑présidente, secrétaire et chef du contentieux communications@yp.ca Pages Jaunes Limitée dépose une circulaire de sollicitation de procurations par la direction relative à l’assemblée extraordinaire des actionnaires et annonce avoir obtenu une ordonnance provisoire

Communiqués de presse Back to News Retour aux nouvelles Print Retour aux nouvelles Print Montréal (Québec), le 13 décembre 2023 - Pages Jaunes Limitée (TSX : Y) (la « Société »), un chef de file en matière de médias numériques et de solutions marketing au Canada, a annoncé aujourd’hui la conclusion de l'arrangement préalablement annoncé par la Société en vertu de la loi de Colombie-Britannique intitulée Business Corporations Act (l’« arrangement »). L'arrangement est entré en vigueur à 23 h 59 (heure de l'Est) le 12 décembre 2023. Aux termes de l’arrangement, la Société a racheté aux actionnaires, au prorata, un total de 4,440,497 actions ordinaires au prix de rachat de 11,26 $ par action, et a également avancé 6 millions de dollars dans le cadre des cotisations en espèces supplémentaires facultatives annoncées préalablement au régime de retraite à prestations déterminées de la Société (le "régime de retraite"). Aux termes de l'arrangement, la Société avancera également au régime de retraite 6 millions de dollars supplémentaires avant le 31 décembre 2023, ce qui portera à 18 millions de dollars le total des paiements en espèces de 2023 au déficit attribuable à la résiliation du régime de retraite d'ici la fin de l'année. La Société a remis à la Compagnie Trust TSX, en tant qu'agent payeur, des fonds suffisants pour régler la contrepartie globale payable aux actionnaires en vertu de l’arrangement. Il est prévu que les actionnaires reçoivent le paiement de leurs actions rachetées le 15 décembre 2023. Des renseignements supplémentaires concernant les modalités de l'arrangement figurent dans la circulaire de sollicitation de procurations de la direction de la Société datée du 27 octobre 2023, qui est disponible sous le profil de la Société à l'adresse www.sedarplus.ca et sur le site Web de la Société à l'adresse https://www.corporate.yp.ca/fr-pages-jaunes . À propos de Pages Jaunes Limitée Pages Jaunes Limitée (TSX : Y) est une société canadienne de médias numériques et de solutions marketing qui offre des occasions aux vendeurs et aux acheteurs d’interagir et de faire des affaires au sein de l’économie locale. Pages Jaunes détient certains des principaux médias locaux en ligne au Canada, notamment PJ.ca , Canada411 et 411.ca . La Société détient également les applications mobiles PJ, Canada411 et 411 ainsi que les annuaires imprimés Pages Jaunes. Pour plus d’information, visitez notre site Web à https://www.corporate.yp.ca/fr-pages-jaunes . Mise en garde concernant les énoncés prospectifs Le présent communiqué de presse contient des déclarations prospectives sur l’arrangement au sens des lois sur les valeurs mobilières applicables. La réalisation de l'arrangement est soumise à un certain nombre de risques. Les risques qui pourraient faire en sorte que nos résultats diffèrent sensiblement de nos attentes actuelles et qui pourraient avoir une incidence sur l'arrangement sont abordés à la section 5 de notre rapport de gestion du 8 août 2023. Nous n’avons aucune intention ni ne nous engageons à le faire, sauf si cela est exigé conformément à la loi, de mettre à jour les déclarations prospectives même si de nouveaux renseignements venaient à notre connaissance, par suite d’événements futurs ou pour toute autre raison. Personnes-ressources : Investisseurs et médias Franco Sciannamblo Premier vice-président et chef de la direction financière investors@pj.ca Pages Jaunes Limitée conclut l'arrangement

Press Releases Back to News Back to News Montreal (Quebec), June 1, 2021 — Yellow Pages Limited (TSX: Y) (the “Company”), a leading Canadian digital media and marketing company, declares a quarterly cash dividend(1) and confirms the full redemption of its Exchangeable Debentures at par, plus accrued and unpaid interest, an amount that totals $111,314,320. “As we announced on April 23, 2021, we are pleased to confirm that the Company fully redeemed its Exchangeable Debentures yesterday and now has officially reached the milestone of becoming debt-free” said David A. Eckert, President and CEO of Yellow Pages Limited. “Further, the Board of Directors has declared a cash dividend of $0.15 per common share, payable on June 30, 2021 to shareholders of record as at June 9, 2021”. (1) The dividend will be designated as an eligible dividend pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends. About Yellow Pages Limited Yellow Pages Limited (TSX: Y) is a Canadian digital media and marketing company that creates opportunities for buyers and sellers to interact and transact in the local economy. Yellow Pages holds some of Canada’s leading local online properties including YP.ca , Canada411 and 411.ca . The Company also holds the YP, Canada411 and 411 mobile applications and Yellow Pages print directories. For more information visit www.corporate.yp.ca . Contacts:Investors Franco SciannambloSenior Vice-President and Chief Financial Officerinvestors@yp.ca Media Treena CooperSenior Vice-President, Secretary and General Counselcommunications@yp.ca Yellow Pages Limited Declares a Cash Dividend and Confirms the Full Redemption of Exchangeable Debentures Back to News Print Print

Press Releases Back to News Back to News Montreal (Quebec), May 9, 2024 — Yellow Pages Limited (TSX: Y) (the “Corporation”) is pleased to announce that all resolutions presented at the Annual General Meeting of Shareholders (“AGM”) held virtually today were duly passed. The Corporation also announced the following changes to its board of directors (the “Board”). During its meeting immediately following the AGM, the Board named Susan Kudzman Chair Emerita and appointed her Chair of the Audit Committee of the Corporation. It also appointed Rob Hall, who previously served as Chair of the Audit Committee of the Corporation, as Chair of the Board, with immediate effect. David A. Eckert, President and CEO of the Corporation, said: “Rob Hall is a highly respected and appreciated, long-time member of the Board and Chair of its Audit Committee. Rob brings a wealth of highly relevant expertise and strategic leadership to his new position. We are delighted to see Rob broaden his role in this critical way. And a very special thank you to Susan Kudzman, who has acted as Chair of the Board since May 2018. As Chair of the Board, she has worked tirelessly to advance the interests of the Corporation and its shareholders. She leaves her role as Chair of the Board with the Corporation in a much stronger position than it was when she assumed the role. The Board and management of the Corporation are very appreciative of Ms. Kudzman’s guidance, insights and leadership as Chair of the Board over the last six years. In recognition of her contributions, the Board is delighted to bestow upon her the honorary title Chair Emerita, and we look forward to her ongoing contributions as a member of the Board and Chair of the Audit Committee.” About Yellow Pages Limited Yellow Pages Limited (TSX: Y) is a Canadian digital media and marketing company that creates opportunities for buyers and sellers to interact and transact in the local economy. Yellow Pages holds some of Canada’s leading local online properties including YP.ca , Canada411.ca , and 411.ca . The Company also holds the YP, Canada411, and 411 mobile applications and Yellow Pages print directories. For more information visit www.corporate.yp.ca . Contacts: Investors & Media Franco Sciannamblo Senior Vice President and Chief Financial Officer investors@yp.ca communications@yp.ca Yellow Pages Limited Reports on Voting Results at its Annual General Meeting of Shareholders and Announces Governance Changes Back to News Print Print

Press Releases Back to News Back to News Montreal (Quebec), October 6, 2025 — Yellow Pages Limited (TSX: Y) (the “Company” or “Yellow Pages”), a leading Canadian digital media and marketing company, today announced the launch of The Digital Marketing Transformation Contest in celebration of Small Business Month in Canada. This national initiative shines a spotlight on the impact of small businesses across the country. One entrepreneur will be awarded a prize package valued at $10,000, including expert marketing support, digital tools, and paid advertising. This one-year package will help the winning business achieve lasting results by driving growth and amplifying its online visibility. The prize includes: Paid Advertising through Search Engine Marketing (SEM) A tool to manage Visibility, Reputation, and Social Media Management Priority Placement on YP.ca A brand-new Pro Website powered by Wix “This contest, launched in celebration of Small Business Month, reflects our mission to support entrepreneurs who inspire, employ, and serve Canadians in communities nationwide. For more than a century, Yellow Pages has supported small businesses, helping them grow and thrive. That commitment remains at the heart of everything we do today, and this initiative is another way we are showing it.” said Sherilyn King, President and CEO of Yellow Pages. Yellow Pages is encouraging Canadians everywhere to get involved by spreading the word: share the contest with a small business you know and help shine a spotlight on the entrepreneurs shaping our communities. The contest is open exclusively to Canadian businesses who are ready to boost their online visibility and take the next step in their growth journey. Entrepreneurs from across the country are invited to participate by completing a simple online form and sharing more about their business. Yellow Pages is also encouraging Canadians to spread the word and shine a spotlight on the entrepreneurs driving their communities forward. Contest Details Who Can Enter: Small and medium-sized business owners in Canada who accept the Contest Rules How to Enter: Complete the online form Submissions Accepted Until: October 31, 2025 Terms and Conditions: Available here Through this initiative, Yellow Pages reaffirms its commitment to helping Canadian small businesses succeed in an increasingly digital economy. By celebrating Small Business Month with this contest, the Company continues its long tradition of empowering entrepreneurs to grow, connect, and thrive. About Yellow Pages Limited Yellow Pages Limited (TSX: Y) is a Canadian digital media and marketing company that creates opportunities for buyers and sellers to interact and transact in the local economy. Yellow Pages holds some of Canada’s leading local online properties including YP.ca , Canada411 and 411.ca . The Company also holds the YP, Canada411, and 411 mobile applications and Yellow Pages print directories. For more information, visit www.corporate.yp.ca . Contact: Investors & Media Philip Samman General Counsel and Corporate Secretary investors@yp.ca communications@yp.ca Yellow Pages Launches $10,000 Digital Marketing Transformation Contest in Honour of Small Business Month Back to News Print Print

Press Releases Back to News Back to News Montreal (Quebec), February 15, 2023 — Yellow Pages Limited (TSX: Y) (the “Company”), a leading Canadian digital media and marketing company, released its operating and financial results today for the quarter and year ended December 31, 2022. “We are pleased with our fourth quarter and full year results which reflect sustained strong profitability and cash generation and more progress toward revenue stability,” said David A. Eckert, President and CEO of Yellow Pages Limited. Eckert commented on the key developments: Strong quarterly earnings. “Our Adjusted EBITDA2 for the quarter and full year was 32.5% and 36.0% of revenue, respectively, despite our continued, productive investments in revenue initiatives and evolving product mix.” Cash to Shareholders and to Pension Plan. “During the quarter, we completed the previously announced plan of arrangement, distributing $100.0 million to shareholders and $24.0 million of voluntary contributions to our Defined Benefit Pension Plan’s wind-up deficit, in addition to our previously announced $1.0 million of voluntary incremental payments toward our Defined Benefit Pension Plan’s wind-up deficit.” Healthy cash balance. “Even after the disbursements to shareholders and the Pension Plan, our cash balance at the end of January was approximately $50 million.” Quarterly dividend declared. “Our Board has declared a dividend of $0.15 per common share, to be paid on March 15, 2023 to shareholders of record as of February 24, 2023.” Ever closer to revenue stability. “For the ninth consecutive quarter since COVID-19 hit, and the fourteenth of the last sixteen quarters overall, we report a favorable ‘bending of the revenue curve’ in Q4 2022, with a better rate of change in revenue than reported for the previous quarter.” Financial Highlights (In thousands of Canadian dollars, except percentage information and per share information) *Includes voluntary contributions to the Defined Benefit Pension Plan (the “Pension Plan”) of $24.0 million, made during the fourth quarter of 2022 pursuant to the plan of arrangement (the “Arrangement”). (1) The dividend will be designated as an eligible dividend pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends. (2) Adjusted EBITDA is equal to Income from operations before depreciation and amortization and restructuring and other charges (defined herein as Adjusted EBITDA), as shown in Yellow Pages Limited’s consolidated statements of income. Adjusted EBITDA, Adjusted EBITDA margin, CAPEX, Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin are non-GAAP financial measures and do not have any standardized meaning under IFRS. Therefore, they are unlikely to be comparable to similar measures presented by other public companies. Refer to the section on Non-GAAP financial measures at the end of this document for more details. Fourth Quarter of 2022 Results Total revenues decreased 5.9% year-over-year and amounted to $64.6 million for the three-month period ended December 31, 2022, an improvement from the decrease of 6.5% reported last quarter. Adjusted EBITDA less CAPEX1 totalled $20.0 million and the EBITDA less CAPEX margin1 was 31.0%. Net income decreased to $29.4 million, or to $1.63 per diluted share. Cash flows from operating activities decreased year-over-year mainly due to the voluntary funding contribution payment of $24.0 million to the Pension Plan pursuant to the Arrangement. Financial Results for the Fourth Quarter of 2022 Total revenues for the fourth quarter ended December 31, 2022 decreased by 5.9% to $64.6 million, as compared to $68.6 million for the same period last year. The decrease in revenues is due to the decline of our higher margin YP digital media and print products and to a lesser extent to our lower margin digital services products, thereby creating pressure on our gross profit margins. The decline rates for total revenues, digital revenues and print revenues all improved significantly yearover-year. Total revenue decline of 5.9% this quarter compares to a decline of 10.5% reported for the same period last year. Digital revenue decline of 4.3% this quarter compares to a decline of 8.7% reported for the same period last year. Print revenue decline of 11.7% this quarter compares to a decline of 16.5% reported for the same period last year. These improvements were due to better spend per customer in digital, increased renewal rates as well as improvement in customer claims. The improved spend per customer is due in part to increased pricing. Adjusted EBITDA1 decreased to $21.0 million or 32.5% of revenues in the fourth quarter ended December 31, 2022, relative to $24.4 million or 35.5% of revenues for the same period last year. The decrease in Adjusted EBITDA and Adjusted EBITDA margin1 is the result of revenue pressures, ongoing investments in our tele-sales force capacity, the increase in cash-settled stock-based compensation expense due to movements in YP's share price and lower wage subsidies received, partially offset by price increases, efficiencies from optimization in cost of sales and reductions in other operating costs including reductions in our workforce and associated employee expenses and the decrease in bad debt expense. Revenue pressures, coupled with increased headcount in our salesforce partially offset by continued optimization, will continue to cause some pressure on margin in upcoming quarters. Adjusted EBITDA less CAPEX decreased by $3.1 million to $20.0 million for the fourth quarter of 2022, compared to $23.1 million for the same period last year. The decrease in Adjusted EBITDA less CAPEX for the three-month period ended December 31, 2022 is mainly due to lower Adjusted EBITDA partially offset by lower capital expenditures. Net income for the three-month period ended December 31, 2022 amounted to $29.4 million as compared to net income of $38.7 million for the same period last year. The decrease is mainly attributable to higher recognition of previously unrecognized tax attributes and temporary differences in 2021. Income before taxes increased from $15.9 million for the fourth quarter of 2021 to $16.7 million for the three-month period ended December 31, 2022, explained principally by lower Adjusted EBITDA being more than offset by decreases in restructuring and other charges, depreciation and amortization and financial charges. Cash flows from operating activities decreased by $29.4 million to $(0.6) million for the three-month period ended December 31, 2022 from $28.8 million for the same period last year. The decrease is mainly due to increased funding of post-employment benefits plans of $23.5 million, lower Adjusted EBITDA of $3.4 million, and a decrease of $3.0 million from the change in operating assets and liabilities, partially offset by income taxes received of $0.1 million, and lower restructuring and other charges paid of $0.6 million. The change in operating assets and liabilities is mainly due to the timing in the collection of trade receivables and the timing of payment of trade payables as well as the impact of the share price on cash settled stock-based compensation. (1) Adjusted EBITDA is equal to Income from operations before depreciation and amortization and restructuring and other charges (defined herein as Adjusted EBITDA), as shown in Yellow Pages Limited’s consolidated statements of income. Adjusted EBITDA, Adjusted EBITDA margin, CAPEX, Adjusted EBITDA less CAPEX, Adjusted EBITDA less CAPEX margin are non-GAAP financial measures and do not have any standardized meaning under IFRS. Therefore, they are unlikely to be comparable to similar measures presented by other public companies. Refer to the section on Non-GAAP financial measures at the end of this document for more details. Financial Results for the Year Ended December 31, 2022 Total revenues for the year ended December 31, 2022 decreased by 6.7% to $268.3 million, as compared to $287.6 million for the same period last year. The decrease in revenues is mainly due to the decline of our higher margin digital media and print products and to a lesser extent to our lower margin digital services products, thereby creating pressure on our gross profit margins. For the year ended December 31, 2022 Adjusted EBITDA1 decreased by $5.4 million or 5.3% to $96.6 million, compared to $102.0 million for the same period last year. The adjusted EBITDA margin1 increased during the year ended December 31, 2022 to 36.0%, compared to 35.5% for the same period last year. The decrease in Adjusted EBITDA for the year ended December 31, 2022, is the result of revenue pressures as well as ongoing investments in our tele-sales force capacity, partially offset by price increases, the efficiencies from optimization in cost of sales, reductions in other operating costs including reductions in our workforce and associated employee expenses, the decrease in bad debt expense and the decrease in cash-settled stock-based compensation expense. For the year ended December 31, 2022 Adjusted EBITDA less CAPEX1 decreased by $5.4 million or 5.5% to $91.6 million, compared to $96.9 million for the same period last year. The decrease is driven by the decrease in Adjusted EBITDA. The adjusted EBITDA less CAPEX margin1 increased during the period ended December 31, 2022 to 34.1% compared to 33.7% for the same period last year. Net income increased to $73.4 million for the year ended December 31, 2022 compared to net income of $70.6 million, for the same period last year due to higher income before income taxes partially offset by higher income taxes due to lower recognition of previously unrecognized tax attributes and temporary differences. The increase in income before income taxes for the year-ended December 31, 2022 of $16.2 million is explained by lower Adjusted EBITDA, being more than offset by the decrease in financial charges due to lower debt and higher cash balances as well as the decrease in depreciation and amortization and restructuring and other charges. Furthermore, the year-ended December 31, 2021 was impacted by the loss on the early repayment of debt of $7.8 million. Cash flows from operating activities decreased by $55.1 million to $49.5 million for the year ended December 31, 2022 from $104.6 million last year. The decrease is mainly due to income taxes paid of $7.8 million, of which $5.5 million related to the full year 2021 and $2.3 million related to instalments for 2022, increased stock-based compensation cash settlements of $1.6 million, increased funding of post-employment benefit plans of $24.6 million mainly pursuant to the Arrangement, lower Adjusted EBITDA of $5.4 million, and by a decrease of $21.4 million from the change in operating assets and liabilities. The change in operating assets and liabilities is mainly due to the timing in the collection of trade receivables and the timing of payment of trade payables as well as the impact of the share price on cash settled share-based compensation. The first quarter of 2022 also benefited from the cancellation of the forward contracts resulting in a decrease in other receivables of $3.1 million. As at December 31, 2022, the Company had $43.9 million of cash. Plan of Arrangement On August 4, 2022, the Board approved a distribution to shareholders of approximately $100.0 million by way of a share repurchase from all shareholders pursuant to a statutory arrangement under the Business Corporations Act (British Columbia). The shareholders of the Company (the “Shareholders”) approved the Arrangement at a special meeting of the Shareholders held on September 23, 2022 and the Company subsequently obtained the final order from the Supreme Court of British Columbia approving the Arrangement on September 27, 2022. On October 4, 2022, the Company repurchased from shareholders pro rata an aggregate of 7,949,125 common shares (including 388,082 shares held in treasury) at a purchase price of $12.58 per share pursuant to the Arrangement for a total of $101.0 million, including $1.0 million of transaction costs. The $101.0 million cash outlay was reduced by $4.9 million for the cancellation of 388,082 of the Corporation’s 1,298,994 shares held in Treasury for a net cash outlay of $96.1 million. Also pursuant to the Arrangement, the Company advanced $24.0 million to the Pension Plan’s wind-up deficit for the year ended December 31, 2022 (1) Adjusted EBITDA is equal to Income from operations before depreciation and amortization and restructuring and other charges (defined herein as Adjusted EBITDA), as shown in Yellow Pages Limited’s consolidated statements of income. Adjusted EBITDA, Adjusted EBITDA margin, CAPEX, Adjusted EBITDA less CAPEX, Adjusted EBITDA less CAPEX margin are non-GAAP financial measures and do not have any standardized meaning under IFRS. Therefore, they are unlikely to be comparable to similar measures presented by other public companies. Refer to the section on Non-GAAP financial measures at the end of this document for more details. Conference Call & Webcast Yellow Pages Limited will hold an analyst and media call and simultaneous webcast at 8:30 a.m. (Eastern Time) on February 15, 2023 to discuss fourth quarter 2022 results. The call may be accessed by dialing 416-695-6725 within the Toronto area, or 1-866-696-5910 outside of Toronto, Passcode 2713953#. Please be prepared to join the conference at least 5 minutes prior to the conference start time. The call will be simultaneously webcast on the Company’s website at: https://corporate.yp.ca/en/investors/financial-reports. The conference call will be archived in the Investors section of the site at: https://corporate.yp.ca/en/investors/financial-events-presentations. About Yellow Pages Limited Yellow Pages Limited (TSX: Y) is a Canadian digital media and marketing company that creates opportunities for buyers and sellers to interact and transact in the local economy. Yellow Pages holds some of Canada’s leading local online properties including YP.ca , Canada411 and 411.ca . The Company also holds the YP, Canada411 and 411 mobile applications and Yellow Pages print directories. For more information visit www.corporate.yp.ca. Caution Concerning Forward-Looking Statements This press release contains forward-looking statements about the objectives, strategies, financial conditions and results of operations and businesses of YP (including, without limitation, payment of a cash dividend per share per quarter to its common shareholders). These statements are forwardlooking as they are based on our current expectations, as at February 14, 2023, about our business and the markets we operate in, and on various estimates and assumptions. Our actual results could materially differ from our expectations if known or unknown risks affect our business, or if our estimates or assumptions turn out to be inaccurate. As a result, there is no assurance that any forward-looking statements will materialize. Risks that could cause our results to differ materially from our current expectations are discussed in section 5 of our February 14, 2023 Management’s Discussion and Analysis. We disclaim any intention or obligation to update any forward-looking statements, except as required by law, even if new information becomes available, as a result of future events or for any other reason. Contacts: Investors Franco Sciannamblo Senior Vice-President and Chief Financial Officer investors@yp.ca Media Treena Cooper Senior Vice President, Secretary and General Counsel communications@yp.ca Non-GAAP Financial Measures Adjusted EBITDA and Adjusted EBITDA margin In order to provide a better understanding of the results, the Company uses the terms Adjusted EBITDA and Adjusted EBITDA margin. Adjusted EBITDA is equal to Income from operations before depreciation and amortization and restructuring and other charges (defined herein as Adjusted EBITDA), as shown in Yellow Pages Limited’s consolidated statements of income. Adjusted EBITDA margin is defined as the percentage of Adjusted EBITDA to revenues. Adjusted EBITDA and Adjusted EBITDA margin are not performance measures defined under IFRS and are not considered an alternative to income from operations or net income in the context of measuring Yellow Pages performance. Adjusted EBITDA and Adjusted EBITDA margin do not have a standardized meaning under IFRS and are therefore not likely to be comparable to similar measures used by other publicly traded companies. Adjusted EBITDA and Adjusted EBITDA margin should not be used as exclusive measures of cash flow since they do not account for the impact of working capital changes, income taxes, interest payments, pension funding, capital expenditures, debt principal reductions and other sources and uses of cash, which are disclosed on page 19 of our February 14, 2023 MD&A. Management uses Adjusted EBITDA and Adjusted EBITDA margin to evaluate the performance of its business as it reflects its ongoing profitability. Management believes that certain investors and analysts use Adjusted EBITDA and Adjusted EBITDA margin to measure a company’s ability to service debt and to meet other payment obligations or as common measurement to value companies in the media and marketing solutions industry as well as to evaluate the performance of a business. Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin The Company also uses Adjusted EBITDA less CAPEX, which is defined as Adjusted EBITDA, as defined above, less CAPEX which we define as additions to intangible assets and additions to property and equipment as reported in the Investing Activities section of the Company’s consolidated statements of cash flows. Adjusted EBITDA less CAPEX margin is defined as the percentage of Adjusted EBITDA less CAPEX to revenues. Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin are non-GAAP financial measures and do not have any standardized meaning under IFRS. Therefore, are unlikely to be comparable to similar measures presented by other publicly traded companies. We use Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin to evaluate the performance of our business as it reflects cash generated from business activities. We believe that certain investors and analysts use Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin to evaluate the performance of businesses in our industry. The most comparable IFRS financial measure to Adjusted EBITDA less Capex is Income from operations before depreciation and amortization and restructuring and other charges (defined above as Adjusted EBITDA) as shown in Yellow Pages Limited’s consolidated statements of income. Refer to pages 8 and 14 of the February 14, 2023 MD&A for a reconciliation of Adjusted EBITDA less CAPEX. Yellow Pages Limited Reports Strong Fourth Quarter and Full Year 2022 Financial and Operating Results and Declares a Cash Dividend1 Back to News Print Print