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WHITE SPOT HOSPITALITY NAMED ONE OF CANADA'S BEST MANAGED COMPANIES FOR THE 13TH YEAR

VANCOUVER, B.C. (May 9, 2023) – For its 13th straight year, the iconic BC-based restaurant group, White Spot Hospitality, was awarded with the prestigious Canada’s Best Managed Companies designation, along with its Platinum Club status after having achieved the Best Managed designation for more than eight consecutive years.

Now in its 30th year, Canada’s Best Managed Companies remains one of the country’s leading business award 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.

White Spot and Triple O’s continues to demonstrate perseverance and resiliency against the many external influences their industry is facing including rising costs of goods, supply chain challenges and labour shortages. In fact, they’ve continued to grow and expanded the brand by opening new Triple O’s locations in BC, Alberta and Ontario over the past year and have plans to open more restaurants in Ontario over the next few years.  Last year in May 2022, they opened R+D Kitchen by White Spot; a “Test Kitchen” restaurant located at The Amazing Brentwood, in Burnaby B.C.

“It’s once again an incredible honour to be named one of Canada’s Best Managed companies. This recognition is particularly meaningful for all of us within the White Spot and Triple O’s family,” said White Spot and Triple O’s President Warren Erhart  “We are beyond grateful for the continued loyalty and support from our team, guests, franchisees, partners, suppliers, and our ownership Shato Holdings, and appreciate the trust placed in us as we strive to continue to provide the White Spot and Triple O’s experience, we have all come to know and love.”

Since 1928, White Spot founder, Nat Bailey started the tradition of giving back to children and their families in British Columbia – 95 years later the company proudly continues to support the communities they serve. Throughout the year, White Spot’s commitment to philanthropy and upholding one of the Best Managed Companies’ key qualifiers in Corporate Social Responsibility, continued to be a priority for the company. In the past year, White Spot donated more than $200,000 to a number of charities and organizations, including raising funds for Variety The Children’s Charity, the CKNW Kids Fund, Food Banks BC and Richmond Hospital Foundation.

“I am always amazed by the fortitude of our Best Managed Companies, who continue to act as global beacons for all of the talent and innovation Canada has to offer,” says Lorrie King, national co-leader of Canada’s Best Managed Companies program and partner with Deloitte Private. “With their bold vision, resilience, and inventiveness, these distinctly Canadian companies represent the bedrock of our nation’s current and future economies. These winners stand out by delivering superior value to their employees and clients, as well as the communities where they operate. I look forward to witnessing the new milestones they achieve in the coming years.”

For the latest news about White Spot, register to receive Spot Club emails at whitespot.ca, become a fan of /whitespot on Facebook or follow @White_Spot on Twitter, @whitespot_restaurants on Instagram and /whitespotrestaurants on YouTube. For the latest news about Triple O’s, register to receive Triple O’s emails at tripleos.ca, become a fan of /tripleosrestaurant on Facebook or follow @TripleOs on Twitter, @tripleosrestaurant on Instagram and /TheTripleOs on YouTube.

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ABOUT WHITE SPOT HOSPITALITY | Headquartered in Vancouver, British Columbia, White Spot is Canada’s longest-running restaurant chain. Founded in 1928, when Nat Bailey launched Canada’s first drive-in restaurant at Granville and 67th, the 95 year-young chain serves more than 17 million guests annually at 130 White Spot and Triple O’s (their premium quick-service restaurants) located throughout B.C., Alberta, Ontario and Asia. They also own and operate five mobile food trucks plus a newly opened R+D Kitchen by White Spot, their test kitchen restaurant concept located at the Amazing Brentwood in Burnaby. Bailey’s original vision was to build a restaurant that served the highest quality, unique tasting food and White Spot remains committed to continuing this tradition in each and every meal. White Spot Hospitality is proud to be recognized with the platinum status designation as one of Canada’s Best Managed Companies, is one of Canada’s top 150 iconic brands as awarded by Interbrand Canada, a recipient of the Greater Vancouver Board of Trade’s 2023 Rix Award for Engaged Corporate Citizenship, recognized by the Canadian Franchise Association Awards of Excellence in Franchising for both brands, and is one of B.C.’s Most Loved Brands as recognized by Ipsos. | whitespot.ca tripleos.ca

ABOUT CANADA’S BEST MANAGED COMPANIES | Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies. 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, Salesforce, The Globe and Mail, and TMX Group. For more information, visit www.bestmanagedcompanies.ca.

For More Information – White Spot Hospitality

Media Contact:

Cathy Tostenson, Vice President Marketing | 604.326.6740 | cathyt@whitespot.ca