Toronto, Ontario, May 4, 2023 – Today, Loblaw Companies Limited (TSX: L; "Loblaw") announced an unprecedented carbon-free energy deal that will see the electricity it purchases for its supermarkets, drugstores, offices and distribution centres in Alberta generated entirely by wind, sun and water. The arrangement, leveraging renewable energy sources, is the first of its kind in Canada. This program will eliminate the carbon emissions associated with the company's electricity purchases in Alberta, while cutting its nationwide enterprise operating emissions by 17%. As a result of this program, one day soon, carbon-free electricity will be used to power over 280 locations, including Real Canadian Superstore, Shoppers Drug Mart, No Frills, Real Canadian Liquor Store, Independent and Wholesale Club stores, as well as the company's offices and distribution centres.