David A. Eckert will remain CEO of Yellow Pages Limited until mid-2025

MONTREAL, September 15, 2022 /CNW/ – Yellow Pages Limited (TSX:Y) (the “Company”), a Canadian leader in digital media and marketing, today announced an agreement to extend the term of its President and Chief direction, David A. Eckert, in mid-2025. The company’s board of directors approved the arrangement at a meeting today.

“We are delighted that David will continue to lead the company as we prepare to complete our turnaround,” said Susan KudzmanChairman of the Board of Yellow Pages Limited.

Eckert said, “I am delighted to be able to continue to be part of our great team as we complete the steady turnaround of the business. He continued, “We now have strong profitability, have paid off all of our debt, have a healthy cash balance and are approaching stable earnings. I am grateful to our entire team, board, shareholders, our retirees, employees and customers for their continued support.”

About Yellow Pages Limited
Yellow Pages Limited (TSX: Y) is a Canadian digital media and marketing company that creates opportunities for buyers and sellers to interact and transact in the local economy. Yellow Pages owns some of from Canada major local online properties including YP.ca, Canada411 and 411.ca. The Company also owns the YP, Canada411 and 411 mobile applications and the Yellow Pages print directories. For more information, visit www.corporate.yp.ca.

SOURCE Yellow Pages Limited

For further information: Investors: Franco Sciannamblo, Senior Vice President and Chief Financial Officer, [email protected]; Media: Treena Cooper, Senior Vice President, Secretary and General Counsel, [email protected]

Calvin W. Soper