TO CUSTOMERS OF HUDSON’S BAY: LAST DAY FOR THE USE OF OUTSTANDING HUDSON'S BAY GIFT CARDS AND GIFT CERTIFICATES IS APRIL 6, 2025

March 7, 2025

On March 7, 2025, Hudson’s Bay Company ULC Compagnie De La Baie D’Hudson SRI, HBC Canada Parent Holdings Inc., HBC Canada Parent Holdings 2 Inc., HBC Bay Holdings I Inc., HBC Bay Holdings II ULC, The Bay Holdings ULC, HBC Centerpoint GP Inc., HBC YSS 1 LP Inc., HBC YSS 2 LP Inc., HBC Holdings GP Inc., Snospmis Limited, 2472596 Ontario Inc., and 2472598 Ontario Inc. (together, “Hudson’s Bay Canada” or the “Applicants”) made an application to the Ontario Superior Court of Justice (Commercial List) (the “Court”) and was granted an order (the “Initial Order”), which, among other things, provides for a stay of proceedings pursuant to the Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended (the “CCAA”).

Pursuant to the Initial Order, Alvarez & Marsal Canada Inc. was appointed as monitor (the “Monitor”) of the business and financial affairs of the Applicants

August 12, 2025

Pursuant to an order of the Court dated June 3, 2025, the Court approved the sale transaction (the “Transaction”) contemplated by an agreement of purchase and sale between The Bay Limited Partnership and Canadian Tire Corporation, Limited.

Pursuant to an order of the Court dated June 23, 2025, the Court authorized the Applicants and certain of their affiliates to execute and file articles of amendment or such other documents or instruments as may be required to change their respective legal and business names after closing of the Transaction. The Transaction closed on June 25, 2025.

Following the closing of the Transaction, on August 12, 2025, the legal names of the Applicants and certain of their affiliates were changed as follows: