Superior Plus Announces April 2018 Cash Dividend and Upcoming Events

TORONTO–(BUSINESS WIRE)–April 2018 Cash Dividend – $0.06 per share
Superior
Plus Corp. (“Superior”) today announced its cash dividend for the month
of April 2018 of $0.06 per share payable on May 15, 2018. The record
date is April 30, 2018 and the ex-dividend date will be April 27, 2018.
Superior’s annualized cash dividend rate is currently $0.72 per share.
This dividend is an eligible dividend for Canadian income tax purposes.

Upcoming Release of 2018 First Quarter Results and
Conference Call
Superior expects to release its 2018 first
quarter results on Tuesday, May 8, 2018. A conference call and webcast
for investors, analysts, brokers and media representatives to discuss
the 2018 first quarter results is scheduled for 10:30 AM EDT on
Wednesday, May 9, 2018. To participate in the call, dial:
1-844-389-8661. Internet users can listen to the call live, or as an
archived call, on Superior's website at: www.superiorplus.com
under the Events section.

Superior Plus 2018 Annual and Special Meeting of
Shareholders
Superior’s Annual and Special Meeting of
shareholders will be held at the TMX Broadcast Centre, The Exchange
Tower, 130 King Street West, Toronto, Ontario, Canada on Tuesday, May 8,
2018 at 4:00 PM EDT. A live audio webcast of the meeting, including a
corporate presentation will be accessible from Superior's website at www.superiorplus.com
under the webcasts section. Superior’s Management Information Circular
and 2017 Annual Report are available for download on Superior’s website
at www.superiorplus.com
or Superior’s profile on SEDAR at www.sedar.com.

Superior Plus 2018 Investor Day
Superior
will be hosting an Investor Day on Friday, June 1, 2018 at One King West
in Toronto. A detailed update on Superior’s current operations,
integration of Canwest Propane, Evolution 2020 goals and financial
position will be presented. The formal presentation will commence at
9:00 AM EDT, and a light breakfast and lunch will be served. Members of
the professional investment community are invited to attend. To confirm
your participation, please RSVP by emailing your contact information to rsvpinvestorday@superior
plus.com. Details of Superior’s website at www.superiorplus.com.

About the Corporation
Superior
consists of two primary operating businesses: Energy Distribution
includes the distribution of propane and distillates, and supply
portfolio management; and Specialty Chemicals includes the manufacture
and sale of specialty chemicals.

For further information about Superior, please visit our website at: www.superiorplus.com
or contact: Beth Summers, Executive Vice President and Chief Financial
Officer, Tel: (416) 340-6015, or Rob Dorran, Vice President, Investor
Relations and Treasurer, Tel: (416) 340-6003, E-mail: [email protected],
Toll Free: 1-866-490-PLUS (7587).

Forward Looking Information
This news release contains
certain forward-looking information and statements that are based on
Superior’s current expectations, estimates, projections and assumptions
in light of its experience and its perception of historical trends. In
this news release, such forward-looking information and statements can
be identified by terminology such as "to be", "expects", "annualized",
and similar expressions.

In particular, this news release contains forward-looking statements
and information relating to: future dividends which may be declared on
Superior’s common shares, the dividend payment, the tax treatment
thereof, and the receipt of cash dividends. These forward-looking
statements are being made by Superior based on certain assumptions that
Superior has made in respect thereof as at the date of this news
release, regarding, among other things: the success of Superior’s
operations; prevailing commodity prices, margins, volumes and exchange
rates; that Superior’s future results of operations will be consistent
with past performance and management expectations in relation thereto;
the continued availability of capital at attractive prices to fund
future capital requirements; future operating costs; that any required
commercial agreements can be reached; that all required regulatory and
environmental approvals can be obtained on the necessary terms in a
timely manner. These forward-looking statements are not guarantees of
future performance and are subject to a number of known and unknown
risks and uncertainties, including, but not limited to: the regulatory
environment and decisions; non-performance of agreements in accordance
with their terms; the impact of competitive entities and pricing;
reliance on key industry partners and agreements; actions by
governmental or regulatory authorities including changes in tax laws and
treatment, or increased environmental regulation; adverse general
economic and market conditions in Canada, North America and elsewhere;
fluctuations in operating results; labour and material shortages; and
certain other risks detailed from time to time in Superior’s public
disclosure documents including, among other things, those detailed under
the heading "Risk Factors" in Superior’s management's discussion and
analysis and annual information form for the year ended December 31,
2017, which can be found at www.sedar.com.

Accordingly, readers are cautioned that events or circumstances could
cause results to differ materially from those predicted, forecasted or
projected. Such forward-looking statements are expressly qualified by
the above statements. Superior does not undertake any obligation to
publicly update or revise any forward looking statements or information
contained herein, except as required by applicable laws.

Contacts

Superior Plus Corp.
Beth Summers, (416) 340-6015
Executive
Vice President and Chief Financial Officer
or
Rob Dorran,
(416) 340-6003
Vice President, Investor Relations and Treasurer
[email protected]
Toll
Free: 1-866-490-PLUS (7587)