1. Company Overview

Parkland Corporation (TSX: PKI) distributes and markets fuels and lubricants. Refined fuels and other petroleum products are among the variety of offerings the company delivers to motorists, businesses, consumers, and wholesalers in the United States and Canada. Parkland operates through several subsidiaries that are either company owned-and retailer-operated, dealer-owned and dealer-operated, or dealer-cosigned and dealer-operated. A variety of brands enable Parkland to market and distribute its petroleum products to a range of markets.

As per the previous Report published on “PKI” dated 1^st October 2025, Kalkine provided a “Hold” stance on the stock at CAD 38.50.

Noted below are the details of support and resistance levels provided in the previous report:

Parkland Corporation Announces Completion of Acquisition by Sunoco LP

On 3 November 2025, Parkland Corporation (TSX: PKI) announced that Sunoco LP ("Sunoco") completed the acquisition of Parkland on October 31, 2025.

Parkland shares are delisted from the Toronto Stock Exchange as of the close of markets on Tuesday, November 4, 2025. The Common Units of SunocoCorp LLC to be received by Parkland shareholders in connection with the Transaction will begin trading on the New York Stock Exchange on Thursday, November 6, 2025, under the ticker symbol "SUNC" following the settlement of the Parkland shares and completion of the allocation process for the SunocoCorp Common Units. 

2. Transaction details

• Under the terms of the agreement, Parkland shareholders will receive 0.295 SUNCorp units and CAD19.80