Parkland Investor Presentation — May 2020

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2020 First Quarter Results

Certain statements contained herein constitute forward -looking information and statements (collectively, "forward -looking statem ents"). When used the words "expect", "will", "could", "would", "believe", "continue", "pursue" and similar expressions are

intended to identify forward -looking statements. In particular, this presentation contains forward -looking statements with respe ct to among other things: business and segment objectives, including, but not limited to, organic growth initiatives,

synergies obtained from completed transactions, expansion of the JOURNIETM Rewards program ; forecast growth capital and main tenance capital budgets.. These statements involve known and unknown risks, uncertainties and other factors that

may cause actual results or events to differ materially from those anticipated in such forward -looking statements. No assurance can be given that these expectations will prove to be correct and such forward -looking statements included in this

presentation should not be unduly relied upon. These forward -looking statements speak only as of the date of this presentation. Parkland does not undertake any obligations to publicly update or revise any forward -looking statements except as

required by securities law. Actual results could differ materially from those anticipated in these forward -looking statements as a result of numerous risks and uncertainties including, but not limited to, general economic, market and business conditions,

including the duration and impact of the Covid -19 pandemic; industry capacity; competitive action by other companies; refining a nd marketing margins; the ability of suppliers to meet commitments; actions by governmental authorities and other

regulators including but not limited to increases in taxes or restricted access to markets; changes and developments in envir onmental and other regulations; and other factors, many of which are beyond the control of Parkland. See also the risks and

uncertainties described in "Forward -Looking Information" and "Risk Factors" included in Parkland's Annual Information Form dated March 20, 2020 and in "Forward -Looking Information" and "Risk Factors" in the Q4 2019 Management’s Discussion

and Analysis (“Q4 2019 MD&A”) and the Q1 2020 Management's Discussion and Analysis ("Q1 2020 MD&A"), each as filed on SEDAR a nd available on the Parkland website at www.parkland.ca.

This presentation refers to certain non -GAAP financial measures that are not determined in accordance with International Financi al Reporting Standards ("IFRS"). Adjusted distributable cash flow per share, adjusted dividend payout ratio, and total

funded debt to credit facility EBITDA ratio are not measures recognized under IFRS and do not have standardized meanings pres cribed by IFRS. Management considers these to be important supplemental measures of Parkland's performance and