CORUS ENTERTAINMENT RELEASES 2023 SUSTAINABILITY REPORT

Report Outlines Ongoing Progress to Advance People, Planet and Responsibility Pillars and Goals

For immediate release

TORONTO, December 6, 2023 – Corus Entertainment Inc. (TSX: CJR.B) (“Corus” or “the Company”) announced today the release of its 2023 Sustainability Report, which outlines the Company’s ongoing advancement of sustainability initiatives anchored by its Planet, People and Responsibility goals.

“Our commitment to the advancement of targeted ESG initiatives remains steadfast despite distortions in the macroeconomic environment and the ongoing evolution of the media industry,” said Doug Murphy, President and CEO, Corus Entertainment. “We are taking a steady approach to sustainability, guided by our Planet, People and Responsibility goals, to sharpen and strengthen Corus for the future.”

This Sustainability Report has been prepared in accordance with the Sustainability Accounting Standards Board (SASB) Standards. In addition, Corus has adopted a phased approach to implementing the Task Force on Climate-Related Financial Disclosures (TCFD) Recommendations.

To view and/or download the 2023 Corus Sustainability Report, please visit corusent.com.

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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 for audiences around the world. Engaging audiences since 1999, the company’s portfolio of multimedia offerings encompass 33 specialty television services, 39 radio stations, 15 conventional television stations, digital and streaming platforms, and technology and media services. Corus is an internationally-renowned content creator and distributor through Nelvana, a world class animation studio expert in all formats and Corus Studios, a globally recognized producer of hit scripted and unscripted content. The company also owns full-service social digital agency so.da, lifestyle entertainment company Kin Canada, and children’s book publishing house, Kids Can Press. Corus’ roster of premium brands includes Global Television, W Network, HGTV Canada, Food Network Canada, Magnolia Network Canada, The HISTORY® Channel, Showcase, Adult Swim, National Geographic, Disney Channel Canada, YTV, Global News, Globalnews.ca, Q107, Country 105, and CFOX, along with streaming platforms STACKTV, TELETOON+, the Global TV App and Curiouscast. Corus is the domestic advertising representative and an original content partner for Pluto TV, a Paramount Company, which is the leading free ad-supported streaming television (FAST) service. For more information visit www.corusent.com.

For inquiries, please contact:

Media inquiries:
Melissa Eckersley
Director, Corporate Communications
Corus Entertainment Inc.
melissa.eckersley@corusent.com

Investor inquiries:
Heidi Kucher
Director, Investor Relations
Corus Entertainment Inc.
heidi.kucher@corusent.com

Sustainability Report inquiries:
Sheila Ritson-Bennett
Head of Environment and Sustainability, Governance
Corus Entertainment Inc.
sustainability@corusent.com