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Postmedia Network Canada Regulatory Filings 2021

Sep 10, 2021

46773_rns_2021-09-10_bb1e84b1-bb02-4568-bba7-e8be4f51ca85.pdf

Regulatory Filings

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FORM 51-102F3

MATERIAL CHANGE REPORT

ITEM 1: NAME AND ADDRESS OF COMPANY Postmedia Network Canada Corp. (the “ Company ” or “ Postmedia ”) 365 Bloor Street East, 12[th] Floor Toronto, Ontario Canada M4W 3L4

  • ITEM 2: DATE OF MATERIAL CHANGE August 31, 2021.

  • ITEM 3: NEWS RELEASE Attached as Schedule “A” is a copy of the press release relating to the material change which was disseminated on June 16, 2021 through Businesswire and subsequently filed on the System for Electronic Document Analysis and Retrieval (SEDAR).

  • ITEM 4: SUMMARY OF MATERIAL CHANGE The Company announced the departure of its Chief Financial Officer, Brian Bidulka, effective August 31, 2021.

  • ITEM 5: FULL DESCRIPTION OF MATERIAL CHANGE The Company announced the that its Chief Financial Officer, Brian Bidulka, will be stepping down from the role effective August 31, 2021 and will continue in an advisory capacity until early 2022 to assist in the transition. Mary Anne Lavallee, the Company’s EVP and Chief Operating Officer will take on the additional role of Interim Chief Financial Officer.

  • ITEM 6: RELIANCE ON SUBSECTION 7.1(2) OF NATIONAL INSTRUMENT 51-102

    • Not applicable.
  • ITEM 7: OMITTED INFORMATION None.

  • ITEM 8: EXECUTIVE OFFICER

The following senior officer of the Company is knowledgeable about the material change described in this report:

Gillian Akai

Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary Phone: (416) 383-2550

ITEM 9: DATE OF REPORT

September 10, 2021.

SCHEDULE “A”

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