Arconas Achieves Canada’s Best Managed Companies Platinum Status

MISSISSAUGA, ON – March 5, 2020 – Arconas, a manufacturer and distributor of furniture for airports and transportation terminals, was recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies 2020 designation. This is Arconas’ 7th consecutive year receiving this recognition, which places the company in the Canada’s Best Managed Platinum Club. The 2020 Best Managed program award winners are among the best-in-class of Canadian owned and managed companies with revenues over $25 million demonstrating strategy, capability and commitment to achieve sustainable growth.

Now in its 27th year, Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the caliber of their management abilities and practices.

Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2020 Best Managed companies share commonalities that include a clear strategy and vision, investment in capability, commitment to talent, and an emphasis on corporate social responsibility.

“We are very proud to once again receive this distinction for the seventh consecutive year and join the Platinum Members Club,” says Pablo Reich, Arconas’ Executive Vice President. “This continued recognition is a reflection of our innovative and dedicated team and their commitment to working with our clients to enhance the passenger experience.”

The Best Managed program is sponsored by Deloitte Private, CIBC, Canadian Business, Smith School of Business and TMX Group.

A full list of winners can be found here: https://www.canadianbusiness.com/lists-and-rankings/best-managed-companies/canadas-best-managed-companies-platinum-winners/

About Canada’s Best Managed Companies

Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $25 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s Best Managed Companies winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (After three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years); 4) Platinum Club member (Winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte Private, CIBC, Canadian Business, Smith School of Business and TMX Group. For further information, visit www.bestmanagedcompanies.ca.

About Arconas

Arconas is a leading manufacturer and distributor of high-performance furniture for airports and public spaces. We are dedicated to enhancing passenger experiences with a suite of quality seating, power, waste & recycling, and modular counter solutions. Arconas has completed over 400 airport installations worldwide. Arconas is also the exclusive distributors of top European furniture manufacturers Auweko, Green Furniture Concept, and USM Airportsystems to airports throughout the Americas, and of North American manufacturer Studio TK, to transportation hubs globally. For further information, visit www.arconas.com

-30-

For further information, please contact:

bestmanagedcompanies@deloitte.ca

www.bestmanagedcompanies.ca

Arconas Contact information: Emily O’Gorman ▪ Marketing Manager ▪ 905-272-7676 ▪ eogorman@arconas.com ▪ www.arconas.com