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Press Releases Back to News Back to News Montreal (Quebec), May 11, 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 ended March 31, 2023. “Our first quarter results reflect continued strong profitability and cash generation with solid progress on the revenue front and we are pleased to announce an increase in our quarterly cash dividend,” said David A. Eckert, President and CEO of Yellow Pages Limited. Eckert commented on the key developments: Strong quarterly earnings. “Despite our continued investments in revenue initiatives, including significant expansion of our sales force, our Adjusted EBITDA2 for the quarter was 33.1% of revenue.” Pension plan funding on track. “Consistent with our deficit-reduction plan announced in May 2021, in the first quarter of 2023 we made $1.5 million of voluntary incremental payments toward our Defined Benefit Pension Plan’s wind-up deficit.” Healthy cash balance. “Even after certain regular, seasonal cash disbursements during the quarter, cash on hand stood at approximately $54 million at the end of April.” Stable change in revenue. “Despite some increase in headwinds in the general economy, our change in revenue in the first quarter compared to prior year was slightly better than the same measure a year ago. And while we remain attentive to continued pressures in the global and Canadian economy, we are pleased with our compa Increase in quarterly cash dividend. “Our board has modified the dividend policy of paying a quarterly cash dividend to common shareholders by increasing the dividend from $0.15 per share to $0.20 per share.” Quarterly dividend declared. “Our Board has declared a dividend of $0.20 per common share, to be paid on June 15, 2023 to shareholders of record as of May 25, 2023.” 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 2023 Results • Total revenues decreased 7.5% year-over-year and amounted to $62.7 million for the three-month period ended March 31, 2023, an improvement from the decrease of 7.8% reported for the same period last year. • Adjusted EBITDA less CAPEX1 totalled $19.8 million and the EBITDA less CAPEX margin1 was 31.6%. • Net income decreased to $12.4 million, or to $0.68 per diluted share. Financial Results for the First Quarter of 2023 Total revenues for the first quarter ended March 31, 2023 decreased by 7.5% to $62.7 million, as compared to $67.8 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 and digital revenues improved year-over-year. Total revenue decline of 7.5% this quarter compares to a decline of 7.8% reported for the same period last year. Digital revenue decline of 5.7% this quarter compares to a decline of 7.7% reported for the same period last year. The improvements in total and digital revenues were due to increased average spend per customer in digital, increased renewal rates as well as continued improvements in customer claim rates. Print revenue decline of 13.7% this quarter compares to a decline of 7.9% reported for the same period last year. The higher decline rate for print revenue is attributable to the decrease in average spend per customer, partially offset by improvements in customer claim rates. For the three-month period ended March 31, 2023 Adjusted EBITDA1 decreased by $4.7 million or 18.3% to $20.8 million, compared to $25.4 million for the same period last year. The adjusted EBITDA margin1 decreased for the first quarter of 2023 to 33.1%, compared to 37.5% for the same period last year. The decrease in Adjusted EBITDA for the first quarter of 2023 is the result of revenue pressures as well as ongoing investments in our tele-sales force capacity, partially offset by reductions in other operating costs including reductions in our workforce and associated employee expenses, and lower variable compensation expense. Revenue pressures, coupled with increased headcount in our salesforce partially offset by continued optimization, will continue to cause some pressure on margins in upcoming quarters. For the three-month period ended March 31, 2023 Adjusted EBITDA less CAPEX decreased by $4.1 million or 17.1% to $19.8 million, compared to $23.9 million for the same period last year. The adjusted EBITDA less CAPEX margin decreased during the period ended March 31, 2023 to 31.6% compared to 35.3% for 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, partially offset by the decrease in CAPEX spend, since 2022 CAPEX spend was impacted by the integration of new products. Net income decreased to $12.4 million for the three-month period ended March 31, 2023 compared to net income of $14.6 million for the same period last year due to lower Adjusted EBITDA, partially offset by lower depreciation and amortization, restructuring and other charges, financial charges and lower income taxes. Cash flows from operating activities increased by $5.4 million to $9.8 million for the three-month period ended March 31, 2023. The increase is mainly due to the decrease in stock-based compensation cash settlements of $3.0 million, lower income taxes paid of $5.9 million, and lower restructuring and other charges paid of $1.7 million, offset by lower Adjusted EBITDA of $4.7 million. The first quarter of 2022 benefited from the cancellation of the forward contracts resulting in a decrease in other receivables of $3.1 million. As at March 31, 2023, the Company had $49.7 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 11, 2023 to discuss first quarter 2023 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: http s://corporate.yp.ca/en/investors/financial-reports . The conference call will be archived in the Investors section of the site at: http s://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 May 10, 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 May 10, 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. Contact: Investors & Media Franco Sciannamblo Senior Vice-President and Chief Financial Officer investors@yp.ca communications@yp.ca Yellow Pages Limited Reports First Quarter 2023 Financial and Operating Results and Announces an Increase in Quarterly Cash Dividends1 Back to News Print Print

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FAQ for Financial investors - Yellow Pages Canada. Copyright © 2023 Yellow Pages Digital & Media Solutions Limited. All Rights Reserved. 1. How do I purchase shares in Yellow Pages Limited? Please contact a licensed stock broker to purchase shares in the Company. 2. What are the Company's publicly traded securities and what are their tickers? The Company’s securities are traded on the Toronto Stock Exchange (TSX) under the following ticker symbols: Y - Common Shares 3. How do I obtain a copy of Yellow Pages’ Annual Report or other financial documents? The Company’s Annual Report and other financial documents can be found here . You can also consult www.sedar.com for these and other public documents. 4. When is the next Annual Meeting of Shareholders? The 2025 Annual Meeting of Shareholders will be held on May 14, 2025. 5. Who is part of Yellow Pages Limited's management team and Board of Directors? Please visit the Management Team page and Board of Directors page for detailed information. 6. How do I contact Yellow Pages’ Transfer Agent The Company’s transfer agent is TSX Trust Company They can be contacted at: 2001 Robert-Bourassa Street, Suite 1600 Montreal, Québec H3A 2A6 1 (800) 387-0825 shareholderinquiries@tmx.com 7. Where can I get more information about the Recapitalization transaction? A recapitalization transaction was completed in December 2012 to reduce the Company’s outstanding debt and improve its maturity profile. Please click here for more information FAQ

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Vice President of Face-to-Face Sales  John Melo Back John Melo Vice-President of Face-to-Face Sales John Melo is the Vice President of Face-to-Face Sales at Yellow Pages Limited, effective August 11, 2025. With over 24 years of experience at the company, including 17 years in leadership roles, John has been a driving force in Yellow Pages’ transformation journey. His strategic leadership within the sales organization has consistently delivered strong results and contributed to the company’s evolution. John began his career at Yellow Pages in 2001 as a Media Account Consultant, steadily advancing through roles such as, Performance Marketing Advisor, Senior Sales Manager, and most recently, Sales Director with national responsibilities for the past decade. His career is marked by a commitment to innovation and excellence, having played a key role in the planning and execution of new product and service launches across the organization. John’s deep understanding of sales strategy, team development, and operational execution continues to shape the future of Yellow Pages’ face-to-face sales initiatives.

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Press Releases Back to News Back to News Montreal (Quebec), December 13, 2023 — 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 December 12, 2023. Under the Arrangement, the Company repurchased from Shareholders pro rata an aggregate of 4,440,497 common shares at a purchase price of $11.26 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’s (the “Pension Plan”). Pursuant to the Arrangement, the Company will also advance to the Pension Plan an additional $6 million prior to December 31, 2023, bringing 2023 cash payments to the Pension Plan’s wind-up deficit to $18 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 December 15, 2023. Additional information regarding the terms of the Arrangement is set out in the Company’s management proxy circular dated October 27, 2023, which is available under the Company’s profile at www.sedarplus.ca 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. c o rp o r ate. y p. c a . Caution Concerning Forward-Looking Statements This press release contains certain forward-looking statements about the Arrangement within the meaning of applicable securities laws. Completion of the Arrangement is subject to a number of risks. Risks that could impact the Arrangement are discussed in section 5 of our August 8, 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 & Media Franco Sciannamblo Senior Vice-President and Chief Financial Officer investors@yp.ca Yellow Pages Limited Completes Arrangement Back to News Print Print

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Press Releases Back to News Back to News MONTREAL, March 6, 2025 /CNW/ - Yellow Pages Limited (TSX: Y ) (the "Company" or "YP"), a leading Canadian digital media and marketing company, announced today that David A. Eckert, Chief Executive Officer, will retire on July 15, 2025, on the expiry of his existing employment agreement. Sherilyn King has been appointed President and to the Company's Board of Directors effective today and will become President and Chief Executive Officer upon Mr. Eckert's retirement. Rob Hall, Chair of the Board of Yellow Pages Limited, said "David has been a superb CEO. He transformed the Company, leading a management team that achieved strong profitability, repaid all of YP's debt, and returned over $230 million to shareholders over the past 7½ years – while at the same time significantly improving the funding position of the Company's defined benefit pension plan." "Sherilyn King's successful leadership of our Sales, Marketing, and Customer Service groups has led to great progress in 'bending the revenue curve' and our march toward revenue stability. In addition, now 'SK' will be able to participate more directly in the strategic and operational leadership of the Company. We congratulate SK on her impressive career journey to date at YP, from Sales Administration Clerk in 1996 to President and CEO in 2025, and look forward to her continued success in driving toward revenue stability," said Mr. Hall. Mr. Eckert said "It has been my honor to be a part of such a great team at YP. I know that I will be leaving the Company in supremely capable hands." Ms. King said "Thanks to David for all his hard work in laying the foundation for our future success. We have tremendous talent throughout the Company that will enable us to continue our path to 'bend the revenue curve' while delivering on our commitments to our customers, shareholders, and employees." The Company also announced that Assunta Tortis has been appointed Corporate Vice President of Finance. Mr. Eckert stated that "since first joining the Company in 2003 from a background of public accounting at Anderson and Deloitte, Assunta has contributed extensively across our finance groups. Since 2018, Assunta has done a terrific job as our corporate controller. She is uniquely qualified to lead our entire finance group, which I anticipate she will transition into later this year." Finally, the Company announced that Franco Sciannamblo has decided to leave YP alongside Mr. Eckert, after a period of transition of his duties in the coming months. Mr. Eckert stated that "Franco has been with our Company for 11 years, the past 6½ years as CFO. Nobody could have done a better job as our CFO than Franco has. We wish him the very best and look forward to reading about his continued successes in the coming years." 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 . SOURCE Yellow Pages Limited Contacts: Investors & Media, Sherilyn King, President, nvestors@yp.ca , communications@yp.ca David A. Eckert to Retire July 15, 2025; Board Names Sherilyn King as Successor Back to News Print Print

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