Parkland Investor Presentation — March 2021

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2020 Fourth Quarter & Year -end Results

Forward Looking Statement & Note on Non -GAAP Measures

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 are

intended toidentify forward -looking statements .Inparticular, this presentation contains forward -looking statements with respect toamong other things :business strategies and objectives ;2021 outlook, including 2021 Adjusted EBITDA guidance,

expected 2021 capital expenditures and Burnaby refinery utilization, MG&A cost savings and Soltransaction synergy realization ;organic growth opportunities, including new -to-industry retail locations, OntheRun rebrands and retrofits, thecontinued

expansion oftheJOURNIETM Rewards program, digital initiatives, LPG and clean energy, and branded low-carbon fuel;acquisition opportunities, including PNW and other USexpansion opportunities, International M&A opportunities and renewable

energy opportunities and thetiming ofallofsuch opportunities ;Supply segment opportunities, including renewable fuels development, expanding supply infrastructure, biodiesel blending and strategic and capital -light infrastructure and thetiming

ofallofsuch opportunities ;and expected annual runrate EBITDA contribution from recent U.S.acquisitions .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 can begiven that these expectations will prove tobecorrect and such forward -looking statements included inthis presentation should notbeunduly relied upon .These

forward -looking statements speak only asofthedate ofthis presentation .Parkland does notundertake any obligations topublicly update orrevise any forward -looking statements except asrequired bysecurities law.Actual results could differ

materially from those anticipated inthese forward -looking statements asaresult ofnumerous risks and uncertainties including, butnotlimited to,general economic, market and business conditions, including theduration and impact oftheCOVID -19

pandemic ;Parkland's ability toexecute itsbusiness strategies ;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 20,2020 and in"Forward -Looking Information" and "Risk Factors" intheQ42020 Management’s Discussion and