CORUS ENTERTAINMENT ANNOUNCES AMENDMENT OF CREDIT FACILITY

Executive Summary

• Corus Entertainment Inc. announced the amendment of its Eighth Amended and Restated Credit Agreement, increasing the maximum revolving loan availability from $75 million to $125 million.
• The amendment is part of a prudent liquidity management strategy aimed at enhancing the Company’s access to capital.
• All terms remain as defined in the existing credit facility; the amendment will be filed on SEDAR+.

Key Details

• Amendment Scope: Increases the maximum amount that may be requested on a revolving basis from $75 million to $125 million.
• Purpose: Supports Corus’s liquidity management and provides greater flexibility for working capital, debt repayment, and strategic initiatives.
• Credit Facility Reference: Eighth Amended and Restated Credit Agreement, last amended on March 21 2025.
• Filing: A copy of the amendment will be filed on the Company’s SEDAR+ profile (www.sedarplus.ca).
• Forward‑Looking Statements: The release includes extensive cautionary language regarding forward‑looking information and associated risks.

Notable Quotes

(No direct quotes from executives were included in the release.)