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Postmedia Annual General Meeting – Update

February 5, 2021 (TORONTO) – As disclosed in our Notice of Meeting included in the Management Information Circular dated December 17, 2020, the annual general meeting of shareholders of Postmedia Network Canada Corp. (“Postmedia”) scheduled to be held at Postmedia Place, 365 Bloor Street East, Toronto, Ontario M4W 3L4 on February 10, 2021, at 11:00 a.m. (Toronto time) will proceed as planned.

POSTMEDIA CONTINUES TO STRONGLY RECOMMEND THAT SHAREHOLDERS EXERCISE THEIR RIGHT TO VOTE BY PROXY PRIOR TO THE MEETING, THROUGH ANY OF THE METHODS DESCRIBED IN THE MANAGEMENT INFORMATION CIRCULAR, AND FOREGO ATTENDING THE MEETING IN PERSON DUE TO HEALTH AND SAFETY CONCERNS.

Postmedia continues to comply with all COVID-19 related orders and regulations and is taking appropriate measures to protect the health and safety of Postmedia’s shareholders, employees and guests. Shareholders will not be permitted to attend the annual general meeting if they do not abide by such measures and will be required to complete a COVID-19 screening form upon arrival.

About Postmedia Network Canada Corp.

Postmedia Network Canada Corp. (TSX:PNC.A, PNC.B) is the holding company that owns Postmedia Network Inc., a Canadian newsmedia company representing more than 120 brands across multiple print, online, and mobile platforms. Award-winning journalists and innovative product development teams bring engaging content to millions of people every week whenever and wherever they want it. This exceptional content, reach and scope offers advertisers and marketers compelling solutions to effectively reach target audiences. For more information, visit?www.awantfood.com.

For more information:

Media Contact

Phyllise Gelfand

Vice President, Communications

(647) 273-9287

pgelfand@postmedia.com

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