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1 2019 Second Quarter Results August 2, 2019
Certain statements contained herein constitute forward -looking information and statements (collectively, "forward -looking statements") .When used thewords "expect", "will", "could", "would", "believe", "continue", "pursue" and similar expressions areintended toidentify forward -looking
statements .Inparticular, thispresentation contains forward -looking statements with respect toamong other things :Adjusted EBITDA Guidance ;business andsegment objectives, including organic growth initiatives, growth ofsupply andtrading business intheU.S.andCaribbean, expansion
ofcardlock andpropane businesses, growth opportunities inLPG, aviation, retail, commercial andwholesale intheSolbusiness ;capital andmaintenance expenditure forecasts ;strategic marketing andoperational efforts toincrease fuelvolume ;andsupply improvement andoptimization and
plans and objectives oforinvolving Parkland .These statements involve known and unknown risks, uncertainties and other factors that may cause actual results orevents todiffer materially from those anticipated insuch forward -looking statements .Noassurance canbegiven that these
expectations willprove tobecorrect andsuch forward -looking statements included inthispresentation should notbeunduly relied upon .These forward -looking statements speak only asofthedate ofthispresentation .Parkland does notundertake anyobligations topublicly update orrevise
anyforward -looking statements except asrequired bysecurities law.Actual results could differ materially from those anticipated inthese forward -looking statements asaresult ofnumerous risks anduncertainties including, butnotlimited to,general economic, market andbusiness conditions ;
industry capacity ;competitive action byother companies ;refining and marketing margins ;theability ofsuppliers tomeet commitments ;actions bygovernmental authorities and other regulators including butnotlimited toincreases intaxes orrestricted access tomarkets ;changes and
developments inenvironmental and other regulations ;and other factors, many ofwhich arebeyond thecontrol ofParkland .See also therisks and uncertainties described in"Forward -Looking Information" and "Risk Factors" included inParkland's Annual Information Form dated March 27,
2019 andin"Forward -Looking Information" and"Risk Factors" intheQ22019Management’s Discussion andAnalysis(“Q22019MD&A”), each asfiled onSEDAR andavailable ontheParkland website atwww .parkland .ca.
Additionally, readers aredirected to,andencouraged toread, the2019 Adjusted EBITDA Guidance Range section ofParkland's press release dated August 1,2019 andmaterial factors andassumptions contained therein .Parkland believes itsestimation ofannual Adjusted EBITDA based on
such information isreasonable, butnoassurance canbegiven thatthisexpectation willprove tobecorrect andsuch estimate should notbeunduly relied upon .The forward -looking statements contained inthispresentation areexpressly qualified bythiscautionary statement .
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