Andrew Peller Limited announced the appointment of five new members to its board of directors (the ?Board?): Brian J. Bidulka, Daniel J. Cicerchi, R. Bruce McDonald, Chris Tsiofas, and W. James Westlake (full bios of the five new directors are set out below). R. Bruce McDonald, a senior executive with more than 30 years of experience in the manufacturing industry, including extensive expertise in the automotive sector, will serve as Chair of the Board. John Peller and A. Angus Peller will continue to serve as directors to ensure continuity for a transition period of 12 months. As previously announced, John Peller will be retiring as President and Chief Executive Officer of the Company
within the next year upon the appointment of his successor. The Board has formed a CEO Selection Committee,
which, together with a leading executive search firm, will be responsible for identifying a suitable successor
for the CEO position. Brian J. Bidulka, CPA, CA, is a chartered accountant and business consultant with significant expertise in
financial and business analytics. Mr. Bidulka has previously served as Chief Financial Officer and other
senior executive roles of several public companies including Postmedia, George Weston Limited, BlackBerry Ltd.
and Molson Coors, as well as Porter Airlines. He is also currently a board member and treasurer of Canada
Basketball. Daniel J. Cicerchi is currently the General Manager and Vice President of the Transportation Management
Solutions business unit of Descartes Systems Group Inc. Mr. Cicerchi is an entrepreneur who has founded,
scaled and sold technologies businesses, including MacroPoint, LLC, a logistics and supply chain visibility
platform. During the course of his professional career, Mr. Cicerchi has developed considerable expertise in
mergers & acquisitions and operational leadership. R. Bruce McDonald, CPA, CA, is a senior executive with over 30 years of experience in the automotive
manufacturing industry. Mr. McDonald has previously served as Chair and Chief Executive Officer of Adient plc,
a manufacturer of automotive parts, and Vice Chairman and Chief Financial Officer of Johnson Controls, Inc, and
he is currently a Director, Chair of the Audit Committee and member of the Compensation Committee for Dana
Incorporated. He has also served his community as Chair of Columbia St. Mary?s Hospital, Director of United
Way of Greater Milwaukee and Trustee of Milwaukee Art Museum. Chris Tsiofas, CPA, CA, is the president of MTN Chartered Professional Accountant Professional Corporation, a
public accountancy firm. Mr. Tsiofas currently serves as Director, Chair of the Audit Committee and member of
the Compensation Committee of Poet Technologies Inc. He also currently serves as a trustee for various private
trusts, assisting in the oversight of significant passive and active assets. Mr. Tsiofas has held roles as a
principal in many private entrepreneurial ventures, including Brasserie Aix and The Yorkville Club. Mr.
Tsiofas is a member of the Chartered Professional Accountants of Canada and a member of the Canadian Tax
Foundation. W. James Westlakeis a retired senior financial services executive from Royal Bank of Canada. Mr. Westlake
held several senior executive roles at RBC including Group Head of Canadian Retail, Commercial Banking and
Wealth Management businesses and Group Head of International Banking and Insurance. Mr. Westlake has also
served as Chair of the Canadian Chamber of Commerce and Chair of the Canadian Bankers Association. He has
served in his community as Director of the Children?s Hospital of Eastern Ontario, Chairman of Ottawa Ronald
McDonald House, and Chair of the Paralympic Foundation of Canada. Mr. Westlake has been awarded the Queen's
Golden Jubilee and Diamond Jubilee medals for his community service.