Investor Presentation May 2023

Margin Expansion Near Term Strategic Priorities Integration of 200+ businesses, 2,000+ users, and 1,500+ endpoints across Park Lawn's Canadian and U.S. offices into our enterprise infrastructure. - FACTS™ fully implemented across all US businesses. - Improved automation and investment in integrated systems. - Continue to streamline and improve operational efficiency. Complement existing business mix with higher margin operations. - On-sites - Cremation Gardens Continue to invest in people, our most important resource. Providing extensive Leadership and Development Training through various tools such as Arbinger Institute and The Predictive Index. Provision of apprenticeships and internships to its staff, along with leadership, coaching and development training. Current Comparative Margins (TTM Q1 2023 Adjusted EBITDA) (1,2,3,4) 29.1% CARRIAGE SERVICES 29.7% 22.5% PARK LAWN CORPORATION SINCE 1892 & Park Lawn's Adjusted EBITDA Margin (1,3,4) 24.9% 25.9% 20.8% 22.6% 22.7% 23.0% 22.5% III 2017 2018 2019 2020 2021 2022 TTM Q1 2023 Park Lawn's Net Earnings Margin 2026 5.1% 4.3% 2.9% 5.9% 9.4% 7.7% 6.4% 2017 2018 2019 2020 2021 2022 TTM Q1 2023 2026 123 2) 1) Adjusted EBITDA Margin includes amounts attributable to the non-controlling interest. SCI/CSV percentages calculated from company filings. 3) Adjusted EBITDA Margin percentages have been revised to align with the change in revenue presentation noted in the financial statements for the three-month period ended March 31, 2021. 4) This is a non-IFRS financial measure. Please refer to the Appendix for more information on each non-IFRS financial measure 15

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