Sears Canada Inc. is deeply saddened by the sudden passing of H Ronald Weissman, who has served as a member of the Company's Board of Directors since November, 2013 and was a member of the Audit Committee. Filling the position on the Board is Mr. Klaudio Leshnjani. Mr. Leshnjani is currently Executive Vice-President and Chief Operating Officer of the Company.

Prior to this role, Mr. Leshnjani held several executive positions with the Company, including Executive Vice-President, Chief Administrative Officer and General Counsel, Executive Vice-President, Financial and Home Services, Human Resources, General Counsel and Corporate Communications and Senior Vice-President and General Counsel.