Membres qui composent l'Équipe de direction de Pages Jaunes. David A. Eckert Chef de la direction Sherilyn King Présidente John R. Ireland Premier vice-président, efficacité organisationnelle Assunta Tortis Vice-présidente et cheffe de la direction financière L’un des points forts de notre entreprise est de savoir rassembler des personnes de talent. Depuis la base, nous bâtissons des équipes qui produisent des résultats pour toutes nos parties prenantes, en commençant par notre équipe de direction. Environ 600 employés au Canada Comité de la haute direction

Vice-présidente, Cheffe des finances Assunta Tortis Retour Assunta Tortis Vice-présidente et cheffe de la direction financière

Members that make up the Yellow Pages Management Team. David A. Eckert Chief Executive Officer Sherilyn King President John R. Ireland Senior Vice-President, Organizational Effectiveness Assunta Tortis Vice-President and Chief Financial Officer Bringing talented people together is a part of our strengths as a company. From the ground up, we build teams that deliver results for all our audiences, starting with our leadership. Approximately 600 employees across Canada Executive Team

Vice President and Chief Financial Officer Assunta Tortis Back Assunta Tortis Vice-President and Chief Financial Officer

Privacy Statement: Yellow Pages is committed to protecting the privacy of your personal information. Copyright © 2023 Yellow Pages Digital & Media Solutions Limited. All Rights Reserved. Yellow Pages Digital & Media Solutions Limited (together with its subsidiaries « we », « us », « YP ») has created this privacy statement (the “Statement”) and is firmly committed to the protection of your privacy. Yellow Pages Digital & Media Solutions Limited is a corporation organized under the laws of British Colombia, with headquarters at 8.300-1751 Rue Richardson, Montreal, Quebec, Canada H3K 1G6. We are committed to the protection and respect of your privacy. This Statement describes who we are, how we collect, store, use, share, and secure the personal information of individuals using any website owned by us (each, a “YP Website”). This Statement reflects the requirements of Canada’s Federal and Provincial privacy legislation as well as our continuous commitment to protecting your personal information. BY USING A YP WEBSITE, YOU AGREE TO BE BOUND BY THE FOLLOWING PRIVACY STATEMENT. IF YOU DO NOT AGREE WITH THIS STATEMENT, DISCONTINUE ALL USE OF THIS SITE IMMEDIATELY. 1.  What is “Personal Information”? Personal information is any information about you that can be used to identify you either directly (such as your name, address, e-mail address, or telephone number) or indirectly (such as information about your use of our products and services). , The name, address and telephone number of an individual that appears in a telephone directory that is available to the public (where such individual can refuse to have such information appears in such directory) does not fall under the scope of personal information as it is publicly available information. Also, in some circumstances, some of this information may qualify as business information which is not covered by this Statement. 2.  Collection of Personal Information With exception of the information we collect using Cookies (see our Cookie Policy here ), we do not automatically gather any personal information from users of YP Websites. Personal information is only obtained by YP if you supply it voluntarily, usually by contacting us via e-mail or filling out a form, such as when you request supplemental information about our services, apply online for a contest, answer online surveys, submit a posting to a blog, forum, or review or register for services. Depending on your use of YP Websites, or our App, the information you provide us with may include: Identification/profile information: This type of information refers to your basic contact details, including display name, password, date of birth (where applicable), gender, language preferences, email address, and/or telephone information, as well as a potential photo (for use as an avatar). Comments/Messages: We collect information you provide when you compose, send, or receive messages through our message functionality. In addition, we also collect information you provide when you supply comments or reviews on a YP Website. Marketing and Communications Information: This type of information includes your preferences in receiving marketing from us and your communication preferences. Where you have consented, we use your personal data to communicate to you marketing and advertising for products and services aligned with your interests. Technical Data: This type of information refers to your internet protocol (IP) address and information relating to the device you use to access YP Websites or our App. In addition, we may also obtain information about you through cookies (see Cookie Policy here ), as well as from Google or Facebook, in the case you signed up for an account with us through using either your Google or Facebook Accounts. In the case we do receive information from third parties such as Google or Facebook during the creation or log in to your account, you have granted those third parties consent to share that information with us. More specifically, the information we collect from those third parties include, most notably, your email address and/or your public profile. We need this information to authenticate you where you choose a social log-in route. It is important to note that you are not required to supply personal information to view the content of any YP Website. That being said, you should also be aware that when you share personal information in public areas of a YP Website, this information may be seen and used by other users. We urge you to exercise good judgment when sharing personal information in these areas. If you decide not to provide us with personal information online, no material consequences will result, although you may be unable to participate in certain promotions, receive product information, or use portions of a YP Website that require personalized information or applications. YP Websites provide users the opportunity to opt-out of receiving communications from us at the point where we request contact information about you. YP will retain your personal data for no longer than is reasonably necessary for the purpose(s) for which it was provided. This practice will vary for different types of personal information, depending on how and why it was collected. For us to determine how long to keep personal information, we use a number of factors, including but not limited to: Legal obligations under applicable Federal and Provincial laws to retain data for a certain period of time; Applicable statutes of limitation set by Federal and Provincial laws; Potential or actual disputes; and Best practices and guidelines issued by data protection authorities. Once no longer reasonably necessary for the purpose for which it was provided, we securely erase or de-index your personal data from our systems. Should you wish to reach out to us with a deletion or de-indexation request, please contact us at privacy@yp.ca . 3.  Use and Sharing of Personal Information We will generally collect and use the above detailed personal information to administer our contests, promotions, surveys, reward programs and other services, to understand our customers' responses, needs and preferences, and to generally manage our business. Directory Delivery Should you be in an area where a local directory is not automatically delivered to you, you may request to receive a local directory by filling a webform on a YP Website. YP use your personal information in order to process this request, as well as include you on a distribution list for 3 upcoming directory editions, should you request this. Marketing Purposes (including third parties) We may also use personal information to contact our customers or suppliers with marketing or promotional materials regarding our products, programs and services or to assist our front-line staff in providing tailored sales offers to our customers. We may exchange or merge personal information with data obtained from third parties for the same purposes. The above-described business partners are trusted partners of YP. Should they request from us to use your name, address, email address, telephone number or other contact information to inform you of products, services, and promotional offers, we only share your such information with our partners where you have provided us consent to do so. You can always unsubscribe from their emails by clicking the “unsubscribe” link in any of their emails or managing your preferences via their website. Tracking and Profiling We use certain technologies which track your use of YP Websites, our App, products and services to help us build a profile of your preferences. The result of this for you, is that you are more likely to receive marketing and advertising which has been tailored to your specific preferences, based on your activities. If we show you an advertisement or you receive marketing which you do not believe relates to you, you can let us know by sending us an email at privacy@yp.ca and we may decide to investigate the matter further. With your consent, we use cookies and similar technologies to track your activity on our website so we can provide you with important features and functions, and to offer you a better website experience overall. Specifically we use cookies and similar technology for functionality, analytics, marketing/advertising, and provide you with a more personalized experience. For more information on cookies and their use on YP Websites, please visit our Cookie Policy here . Internal Training Your personal information may also be used for internal training purposes, to ensure that our staff have the knowledge and expertise to offer you a great user experience. For example, if you call in to our call center by telephone, your call may be recorded and we may keep notes on file for quality and training purposes. Market and Research Analysis Purposes YP is always looking to get better understanding of our clients and our users. Accordingly, we may use your personal data for market and research analytics purposes. We may also conduct surveys, or invite certain users to be involved in market research. If you are invited to complete a survey or partake in market research, and you choose to do so, note that you are consenting to the use of your personal information for these purposes. We will use the answers and feedback you provide us with in order to provide improved products and services. Record Keeping and Data Accuracy The personal information we collect from you is processed in the course of maintaining and administering our internal records. We do so to ensure that any information we hold about you is kept up to date. Should you wish to rectify information about yourself, do not hesitate to reach out to us at privacy@yp.ca with your request. Enquiries, Complaints and Disputes We use your personal information to respond to any enquiries, complaints, claims or disputes you may have made or dispute that may arise in the course of providing you with products and services. Fraud Prevention In certain circumstances, we use your personal information to the extent required to detect, investigate, and prevent fraud. In order for us to comply with our legal obligations, this may require the communication of your personal information to law enforcement agencies, if they request it. 4.  Your Consent By providing us with your personal information, you consent to our collection, use and disclosure of that information as described in this Statement as amended from time to time or as described at or before the time of collection, use or disclosure, as the case may be. If you do not want your personal information to be collected, used or disclosed in this manner, then please either:  do not submit your personal information to us; exercise opt-out procedures described above or as may be offered at the time of collection, or refrain from exercising opt-in procedures described above or as may be offered at the time of collection If you have submitted personal information to us and wish to withdraw your consent to its retention, use or disclosure, please send an e-mail to privacy@yp.ca . You may withdraw your consent, subject to legal or contractual restrictions and reasonable notice. If you withdraw your consent, we may not be able to provide some products or services to you. Where permitted or required by law, we may collect, use or disclose your personal information without your consent, for example, to collect a debt you owe us, to comply with a legally permitted inquiry by a government agency, or to comply with a court order. 5.  Sharing your Personal Information In order for us to continue to provide you with quality products and services, we may share your personal information with our suppliers and service providers, including other companies within our group, who perform certain business services for us, as well as other organizations, who may use your personal data for their own purposes. In addition, we may disclose your personal information if we are under a duty to disclose or share such information in order to comply with any legal obligation, or in order to protect the rights, property or safety of our business, our customers, YP Website visitors, or others. This may include exchanging information with other organizations, including local police, the RCMP, or other governmental agencies for the purposes of fraud protection, or in order to assist with an investigation, or respond to a valid court order. Personal information may be shared with our agents or contractors in connection with services that they perform for us. Some of our agents and contractors are located outside of Canada and, as such, are subject to foreign laws, including laws that may require disclosure of personal information to government agencies in those countries. Specifically, some of our agents and contractors are located in the United States of America, or other jurisdictions such as India. Our written agreements with such agents and contractors ensure that personal information can only be used for the purposes for which it was shared with them, and that they handle the personal information in accordance with this Statement. Please ask us if you would like to know more about what measures we have in place to protect your personal information by writing us at privacy@yp.ca 6. Safeguards and Retention We use physical, organizational and technological safeguards to protect your personal information against theft, loss or unauthorized access, use, modification, disclosure or disposal. Generally speaking, you can visit YP Websites without revealing personal information. However, given that electronically submitted data is not 100% secure, we make no warranties as to the security of any personal information you submit online, which you do at your own risk. 7.  Terms of Use & Changes to this Statement Your use of YP Websites, and any disputes arising from it, is subject to this Statement and governed by our Terms of Use, including its choice of law provisions. We reserve the right to change and update the Statement and these changes will be made when appropriate, in a timely manner. We encourage you to examine our Statement from time to time to ensure you are aware of any changes we may have made. 8.  Access and Contact Upon written request, YP will provide you access to your personal information, subject to certain exceptions as provided by the applicable legislation. If you notice any errors or omissions in your personal information, please advise us in writing and we will promptly correct them where appropriate. If you have concerns regarding our Statement, the security of your personal information or our compliance with the applicable personal information protection legislation, please send a brief explanation of your concern to our Privacy Officer at: Philip Samman, Director, Legal Affairs Yellow Pages Digital & Media Solutions Limited 1751 Richardson St., Suite 8.300 Montreal, Quebec H3K 1G6 privacy@yp.ca     Amended: May 2025 Yellow Pages Privacy Statement

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Press Releases Back to News Back to News Montreal (Quebec), May 9, 2024 — 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 ended March 31, 2024. “In the first quarter, we resumed our march toward revenue stability and, as usual, we delivered good profitability and a healthy cash balance, all despite continued headwinds in the global economy and, particularly, the Canadian small business sector,” said David A. Eckert, President and CEO of Yellow Pages Limited. Eckert commented on the key developments: Resumption of climb toward revenue stability. “As expected, we resumed our climb toward revenue stability during the first quarter of 2024, as our rate of change in revenue was better than the change reported for the fourth quarter of 2023.” Strong earnings. “Our Adjusted EBITDA2 for the quarter was 27.8% of revenue, even with our continued investments in revenue initiatives, including the steady further expansion of our sales force.” Healthy cash balance. “Even after certain regular, seasonal cash disbursements during the quarter, cash on hand stood at approximately $27 million at the end of April.” Progress on revenue initiatives. “Although we continue to deal with the challenges of the current Canadian economic conditions, we are pleased with our progress on underlying metrics, including the size of our sales force, our rate of customer churn, and our rate of gaining new accounts. In particular, our rate of gaining new accounts was 20% higher than in the previous year. We believe these fundamentals bode well for our medium- and long-term future.” Pension plan funding on track. “Consistent with our deficit-reduction plan announced in May 2021, in the first quarter of 2024 we made $1.5 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 $0.25 per common share, to be paid on June 17, 2024 to shareholders of record as of May 28, 2024.” Financial Highlights (In thousands of Canadian dollars, except percentage information and per share information) (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 at the end of this document for more details. First Quarter of 2024 Results • Total Revenues decreased 12.3% year-over-year and amounted to $55.0 million for the three-month period ended March 31, 2024, an improvement from the decrease of 13.4% reported last quarter. • Adjusted EBITDA less CAPEX1 totalled $14.3 million and the EBITDA less CAPEX margin1 was 26.0%. • Net income amounted to $8.4 million, or to $0.61 diluted income per share. Financial Results for the First Quarter of 2024 Total revenues for the first quarter ended March 31, 2024 decreased by 12.3% to $55.0 million, as compared to $62.7 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. Total digital revenues decreased 11.9% year-over-year and amounted to $43.7 million for the three-month period ended March 31, 2024, as compared to $49.6 million for the same period last year. The revenue decline for the period ended March 31, 2024, was mainly attributable to a decrease in digital customers and to a lesser extent, a decrease in spend per customer. Total print revenues decreased 13.9% year-over-year and amounted to $11.3 million for three-month period ended March 31, 2024. The revenue decline is mainly attributable to the decrease in the number of print customers while the spend per customer has improved year-over-year driven by price increases. The decline rate of revenues increased year-over-year. The higher decline rate is attributable, in part, to (a) the headwinds in the global economy, whereby, customer renewal rates decreased slightly but remained strong while average spend per customer slowed as customers look to optimize their spend and (b) customer claim rates remaining stable in the first quarter of 2024, while the first quarter of 2023 benefited from a substantial improvement. These factors were partially offset by an increase in the number of new accounts and increases in pricing. Adjusted EBITDA1 decreased to $15.3 million or 27.8% of revenues in the first quarter ended March 31, 2024, relative to $20.8 million or 33.1% of revenues for the same period last year. The decrease in Adjusted EBITDA for the first quarter of 2024 is the result of revenue pressures, partially offset by optimizations in cost of sales and reductions in other operating costs including reductions in our workforce and associated employee expenses. Revenue pressures partially offset by continued optimizations, will continue to cause some pressure on margins in upcoming quarters. Adjusted EBITDA less CAPEX decreased by $5.5 million or 27.8% to $14.3 million during the first quarter of 2024, compared to $19.8 million during the same period last year. The decrease in Adjusted EBITDA less CAPEX and Adjusted EBITDA less CAPEX margin is driven by the decrease in Adjusted EBITDA, while the CAPEX spend was stable year over year. Net income for the three-month period ended March 31, 2024 amounted to $8.4 million as compared to net income of $12.4 million for the same period last year due to lower Adjusted EBITDA. Cash flows from operating activities decreased by $4.3 million to $5.5 million for the three-month period ended March 31, 2024 from $9.8 million for the same period last year. The decrease is mainly due to lower Adjusted EBITDA of $5.5 million, partially offset by the decrease in stock-based compensation cash settlements of $0.5 million and lower income taxes paid of $0.5 million. As at March 31, 2024, the Company had $23.7 million of cash. (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 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 May 9, 2024 to discuss first quarter 2024 results. The call may be accessed by dialing 416-695-6725 within the Toronto area, or 1-866-696-5910 outside of Toronto, Passcode 6613383#. 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 and completion of the plan of arrangement). These statements are forward-looking as they are based on our current expectations, as at May 8, 2024, 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 May 8, 2024 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. Contact: Investors & Media Franco Sciannamblo Senior Vice-President and Chief Financial Officer investors@yp.ca 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 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 10 of our May 8, 2024 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 interim condensed consolidated statements of income. Refer to page 7 of the May 8, 2024 MD&A for a reconciliation of Adjusted EBITDA less CAPEX. Yellow Pages Limited Reports First Quarter 2024 Financial and Operating Results and Declares a Cash Dividend1 Back to News Print Print

Previous Next David A. Eckert Back David A. Eckert Director Chief Executive Officer Mr. Eckert has over 35 years of experience, having served as CEO of international companies in a wide range of industries including Hibu Group, a business providing print advertising, websites, and other internet services to small and medium enterprise customers. Mr. Eckert was Vice-President and Partner of Bain & Company and served as Chief Executive Education Officer at Kellogg School of Management. He most recently served as a member of the Board of Directors and the Nomination and Compensation Committee at Solocal Group, a digital solutions company. Mr. Eckert is an economics and engineering graduate of Northwestern University and earned an MBA from the Harvard Business School, where he was a Baker Scholar and a Loeb Rhoades Fellow.

this John R. Ireland Retour John R. Ireland Premier vice-président, efficacité organisationnelle John Ireland était auparavant chef du personnel à OSN, fournisseur de contenu de divertissement pour télévision payante et mobile, vice‑président directeur, Ressources humaines de Hibu Group au cours de sa période de redressement et vice‑président, Ressources humaines de X‑Rite, Inc., société de technologie de calibration des couleurs. Il est titulaire d’un baccalauréat ès arts en français et en histoire de l’Université du Lancashire central et d’une maîtrise en gestion stratégique des ressources humaines de l’Université John Moores de Liverpool.

Sherilyn King Back Sherilyn King President Sherilyn King is the President of Yellow Pages Limited since March 2025. With over 25 years experience as a seasoned executive, Ms. King’s leadership has played a pivotal role in navigating Yellow Pages through and evolving business landscape. Throughout her tenure at Yellow Pages, Ms. King has held various leadership positions, beginning with her appointment as Vice President of Sales, Marketing, and Customer Service in September 2019. Her outstanding contributions led to her promotion in 2022 to Senior Vice President of Sales, Customer Service, and Marketing. In 2024, she further expanded her responsibilities to include oversight of Yellow Pages’ Digital Fulfillment and Operation teams. Ms. King holds a Bachelor in Business Administration from Mount Saint Vincent University, with a double major in Marketing and Management.

Press Releases Back to News Back to News Montreal (Quebec), October 5, 2022 — Yellow Pages Limited (TSX: Y) (the “Company”), a leading Canadian digital media and marketing company, today announced completion of the Company’s previously announced arrangement under the Business Corporations Act (British Columbia) (the “Arrangement”). The Arrangement became effective at 11:59 p.m. (Eastern time) on October 4, 2022. Under the Arrangement, the Company repurchased from Shareholders pro rata an aggregate of 7,949,125 common shares at a purchase price of $12.58 per share and also advanced $6 million as part of the previously announced voluntary incremental cash contributions to the Company’s defined benefit pension plan (the “Pension Plan”). Pursuant to the Arrangement, the Company will also advance to the Pension Plan an additional $18 million prior to December 31, 2022, bringing total 2022 cash payments to the Pension Plan’s wind-up deficit to $30 million by the end of the year. The Company has delivered to TSX Trust Company, as paying agent, sufficient funds to satisfy the aggregate consideration payable to the Shareholders under the Arrangement. It is anticipated that Shareholders will receive payment for their repurchased shares on October 7, 2022. Additional information regarding the terms of the Arrangement is set out in the Company’s management proxy circular dated August 26, 2022, which is available under the Company’s profile at www.sedar.com and on the Company’s website at www.corporate.yp.ca . 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 certain forward-looking statements within the meaning of applicable securities laws. These statements, including the timing of receipt of payment by shareholders for their repurchased shares are forward-looking as they are based on our current expectations, as at October 5, 2022. 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 Yellow Pages Limited Completes Arrangement Back to News Print Print

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