CORUS ENTERTAINMENT Publishes First Sustainability Report 2022

Report outlines fundamental ESG goals and progress

toronto, December 9, 2022 /PRNewswire/ – Corus Entertainment Inc. (TSX: CJR.B) (“Corus” or the “Company”) today announced the release of its 2022 Sustainability Report, which outlines the company’s environmental, social and governance (ESG) ESG) plan. Centered around Corax’s three pillars – People, Planet and Responsibility – the inaugural Sustainability Report outlines the progress made to date, along with a set of fundamental goals that underpin Corax’s sustainability ambitions and approach.

“Like all businesses, Corus is part of a global movement to address important environmental, social and governance challenges,” said Doug MurphyPresident and Chief Executive Officer, corus entertainment“Our forward-looking approach to sustainability guided by our goals for people, planet and responsibility will help us find new ways to create long-term value and resilience for our company.”

The report outlines Corus’ future plans and highlights the progress of existing sustainability initiatives, including:

people

• Advanced Diversity, Equity, and Inclusion (DEI) planning across the organization, including formalizing DEI-focused training.
• ESG key performance indicators related to people and culture goals were introduced as part of the company’s leadership performance management and assessment methodology.
• Welcomed three new employee resource groups (ERGs), bringing the total number of ERGs to seven.
• helped raise $33.6 million For local charities in communities everywhere Canada.

planet

• Roll out carbon measurement methodologies to explore opportunities for decarbonization initiatives.
• supported coral greenan employee-led group that builds awareness and promotes concrete action on environmental issues within Corus.
• Provide employees with environmental sustainability courses.

responsibility

• Implement ESG oversight and governance structures.
• Appointed Head of Environment and Sustainability, Governance to provide expertise and dedicated oversight of Corus’ ESG objectives and strategy.
• Establish a cross-functional ESG Steering Committee to guide the formulation and implementation of ESG goals.
• An Office of Ethics and Conduct was established to respond to concerns raised by employees, including anonymous reports.

This Sustainability Report has been prepared in accordance with the Sustainability Accounting Standards Board (SASB) standards. Additionally, Corus has adopted a phased approach to implementing the Climate-Related Financial Disclosures (TCFD) Recommendations Working Group.

To view and/or download the 2022 Corus Sustainability Report, please visit corusent.com.

About Corus Entertainment
Corus Entertainment Inc. (TSX: CJR.B) is a leading media and content company that develops and delivers high-quality brands and content across platforms to a global audience. Engaging audiences since 1999, the company’s multimedia portfolio includes 33 professional television services, 39 broadcast stations, 15 traditional television stations, a suite of digital and streaming assets, animation software, technology and media services. Corus is an internationally renowned content creator and publisher that includes Nelvana, a specialist in world-class animation studios across all formats, and Corus Studios, a globally recognized producer of popular scripted and unscripted content. The company also owns so.da, an innovative full-service social digital agency, Kin Canada, a lifestyle entertainment company, Toon Boom, a leading provider of 2D animation software, and Kids Can Press, a children’s book publisher. Corus’ premium brands include Global Television, W Network, HGTV Canada, Food Network Canada, Magnolia Network Canada, HISTORY® Channel, Showcase, Adult Swim, National Geographic, Disney Channel Canada, YTV, Global News, global news network, Q107, Country 105 and CFOX, as well as widely distributed Canadian streaming platforms STACKTV, TELETOON+, Global TV App and Curiouscast.For more information, please visit www.corusent.com.

SOURCE Corus Entertainment Inc.