Lingo Media Corporation announced the election of Laurent Mareschal to its Board of Directors at the Company's Annual Meeting of Shareholders (the "Meeting") held in Toronto on September 3, 2020. Mr. Laurent Mareschal brings more than 20 years of financial management experience at Scotiabank, including financial reporting and mergers and acquisitions. Amongst his various assignments, Mr. Mareschal was CFO of Scotiabank's Capital Markets division delivering best in class financial results globally during the Global Financial Crisis. He was also CFO of the Canadian Banking division, during a period in which results grew at twice the rate of competitors. Mr. Mareschal also headed Scotiabank's Small Business Banking division, implementing significant operational and technology improvement to drive efficiencies and growth. He is currently COO and CFO of a Toronto based Venture Capital firm focusing on technology companies. Mr. Mareschal holds a Bachelor of Arts degree from McGill University and an MBA in Finance from McMaster University.