LFL Group (Leon's Furniture Limited) Announces Election of Directors

Toronto, Ontario--(Newsfile Corp. - May 23, 2023) - Leon's Furniture Limited (TSX: LNF) ("LFL" or the "Company"), today announced that all of the nominee directors listed in the Management Information Circular dated February 22, 2023, were elected as directors of Leon's Furniture Limited. The vote was conducted at the Company's Annual Meeting of Common Shareholders, which took place on May 11, 2023, in Toronto. The results of the vote are set out at the bottom of this press release.

Final results on all matters voted at the Annual Meeting held on May 11, 2023, will be filed with the Canadian securities regulators.

About Leon's Furniture Limited

Leon's Furniture Limited is the largest retailer of furniture, appliances and electronics in Canada. Our retail banners include: Leon's; The Brick; Brick Outlet; and The Brick Mattress Store. Finally, with The Brick's Midnorthern Appliance banner alongside with Leon's Appliance Canada banner, this makes the Company the country's largest commercial retailer of appliances to builders, developers, hotels and property management companies. The Company has 303 retail stores from coast to coast in Canada under various banners. The Company operates six websites: leons.ca, thebrick.com, furniture.ca, midnorthern.com, transglobalservice.com and appliancecanada.com.

For further information, please contact:

Constantine Pefanis, CFO
Leon's Furniture Limited
Tel: (416) 243-4074

Investor contact:
Jonathan Ross
LodeRock Advisors, Leon's Investor Relations
[email protected]
Tel: (416) 283-0178

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/166858

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