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Laurentian Bank receives approval to establish legislative covered bond programme

MONTREAL, April 21, 2021 (GLOBE NEWSWIRE) Laurentian Bank of Canada (TSX: LB) (“ Laurentian Bank”) today announced that it has received approval from Canada Mortgage and Housing Corporation (“ CMHC”) to establish a CAD 2.0 billion legislative covered bond programme (“ Programme”) pursuant to the Canadian Registered Covered Bond Programs Guide, published by CMHC. Under the Programme, Laurentian Bank may, from time to time, issue covered bonds (“ Covered Bonds”) under such terms and conditions as determined by Laurentian Bank at the time of issuance and in accordance with prevailing market conditions. The Covered Bonds to be issued by Laurentian Bank will have the benefit of an unconditional and irrevocable guarantee from LBC Covered Bond (Legislative) Guarantor Limited Partnership.

Laurentian Bank Acknowledges CIRB Decision

French MONTREAL, Feb. 09, 2021 (GLOBE NEWSWIRE) Laurentian Bank (TSX:LB) was informed today by the Canada Industrial Relations Board (CIRB) that the application for revocation of Union Certification by an employee of the Bank, filed on December 22, 2020, has obtained the required level of support. The CIRB will hold a vote of the employees at a date to be determined shortly. Union accreditation covers all Laurentian Bank unionized employees. These employees work mainly in the Quebec branches of the Bank and some in the Montreal corporate offices. Caution regarding forward-looking statements We may, from time to time, make written or oral forward-looking statements within the meaning of applicable securities legislation, including in this document and the documents incorporated by reference herein, and in other documents filed with Canadian regulatory authorities or in other written or oral communications. Forward-looking statements include, but are not limited to, statements

Laurentian Bank of Canada Announces CFO Succession Process

François Laurin announces planned retirement from Laurentian Bank MONTREAL, Jan. 08, 2021 (GLOBE NEWSWIRE) Laurentian Bank is pleased to announce that Yvan Deschamps has been appointed to the position of Executive Vice President and Chief Financial Officer of the organization, effective April 6, 2021. Mr. Deschamps succeeds François Laurin, who informed the Bank of his desire to retire at the next Annual General Meeting. Mr. Laurin will continue to work closely with Mr. Deschamps to ensure his smooth transition into the role. “I would like to thank François Laurin for his leadership and committed service to Laurentian Bank. Earlier in 2020, François indicated to the Board of Directors and the executive team his desire to retire and agreed to extend his tenure until this year to ensure a smooth succession process and to support my onboarding as new CEO. His leadership has ensured the Bank’s strong capital and liquidity positions and his mentorship has provided our organi

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