PRESS RELEASE

LE CHÂTEAU ANNOUNCES CHANGES TO MANAGEMENT AND BOARD OF

DIRECTORS

Montréal, December 17, 2020 - Le Château Inc. (NEX: CTU.H) ("Le Château" or the "Company") announces today important changes to the board of directors and senior management of the Company. Jane Silverstone Segal and Herschel Segal have both resigned as directors of the Company effective as of December 16, 2020. Jane Silverstone Segal has also ceased to be the Chairman of the Board and Chief Executive Officer of the Company effective October 26, 2020. The Company wishes to thank them for their contributions, efforts, service and dedication to the Company over the years.

Profile

Le Château is a Canadian specialty retailer and manufacturer of exclusively designed apparel, footwear and accessories for contemporary and style-conscious women and men, with an extensive network of 121 prime locations across Canada and an e-com platform servicing Canada and the U.S.

For further information

Emilia Di Raddo, CPA, CA, President, (514) 738-7000

Johnny Del Ciancio, CPA, CA, Vice-President, Finance, (514) 738-7000

MaisonBrison: Pierre Boucher, (514) 731-0000

Source: Le Château Inc.

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

Disclaimer

Le Chateau Inc. published this content on 17 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 December 2020 13:50:03 UTC