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Carriage Services, Inc. (“Carriage” or “Carriage Services”) is pleased to announce that it has
acquired substantially all the assets of Greenlawn Funeral Homes, Cemeteries and Cremations
and Wood Family Funeral Service (collectively “Greenlawn”), consisting of three funeral homes,
two cemeteries, and a cremation focused business, located in the Bakersfield, California market.
Jim La Mar, President and Chief Executive Officer for Greenlawn stated, “Having worked for
Greenlawn since 1990, it is truly more than a business, it is my identity. As the face of our company,
I could never envision placing Greenlawn’s future and wellbeing in anyone’s hands other than my
own. Knowing we needed to create a succession plan so that our community and staff could be
well taken care of, I didn’t know where to turn. A referral from a dear friend in the industry put me
in touch with Carriage. Today, as we are closing on this transaction, I can truly say it was the best
move we could have made. Carriage’s business model is in perfect alignment with my beliefs
regarding how a business should conduct itself within this profession.

Carriage has been extremely professional and helpful throughout this process in helping us get
across the finish line in a timely manner, with as little stress as possible. I’d strongly recommend
Carriage as part of any Company’s succession plan.” Steve Metzger, Executive Vice President and Chief
Administrative Officer for Carriage Services stated, “Greenlawn is a special business with an important
legacy and deep ties within the Bakersfield community. We are honored that Jim La Mar, Tom Bell, and
the Greenlawn Board selected Carriage to carry the Greenlawn tradition forward. We look forward to
supporting the Greenlawn team and building upon the strong foundation already in place.

The addition of Greenlawn, which serves thousands of families each year and is the preeminent
funeral home and cemetery business in Bakersfield, with a nearly 40% market share, aligns well
with our focus on partnering with the highest quality independent funeral and cemetery businesses
in large and growing markets.”

ABOUT CARRIAGE SERVICES

Carriage Services is a leading provider of funeral and cemetery services and merchandise in the
United States. Carriage operates 170 funeral homes in 26 states and 30 cemeteries in 11 states.
For more information, please contact us at [email protected]

CAUTIONARY STATEMENT

Certain statements made herein or elsewhere by, or on behalf of, Carriage (the “Company”) that
are not historical facts are intended to be forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. These statements are based on assumptions that the Company believes are
reasonable; however, many important factors, as discussed under “Forward-Looking Statements
and Cautionary Statements” in the Company’s Annual Report on Form 10-K for the year ended
December 31, 2022, could cause the Company’s results in the future to differ materially from the
forward-looking statements made herein and in any other documents or oral presentations made
by, or on behalf of, the Company. The Company assumes no obligation to update or publicly
release any revisions to forward-looking statements made herein or any other forward-looking
statements made by, or on behalf of, the Company. A copy of the Company’s Annual Report on
Form 10-K, the Company’s Quarterly Reports on Form 10-Q, and other information about the
Company and news releases, are available at http://www.carriageservices.com.

Houston, TX, March 1, 2023 – Carriage Services, Inc. (NYSE:CSV)
(“Carriage or “Carriage Services”), a leading provider of funeral and cemetery services, is pleased to announce a new
partnership with Funeral 365, to provide Carriage with a cloud-based management solution specifically designed for the
funeral industry.
The solution, built on Microsoft Dynamics 365 Business Central, will be integrated into the operations of every Carriage
business and provide a sustainable and proven ERP solution with over 3 million users. With a proven track record of being
a secure and reliable cloud solution, it will be designed to streamline all aspects of Carriage’s operations including Funeral
Home and Cemetery related functions.
“Our partnership with Funeral 365, is the driving force behind our Digital Transformation. Powered by Microsoft’s
Dynamics Cloud Platform, Carriage Services will gain a competitive advantage within our industry for the foreseeable
future.” said Rob Franch, Chief Information Officer of Carriage Services. “
The features and benefits of the management solution include a user-friendly interface, real-time information accessible
on multi-devices, integrated finance and operations modules, automated processes, reduced errors, avoided double
entry, higher efficiency for all resources, and robust planning features allowing proactivity.

“We are very excited about our recent partnership,” says Benoit Gagnon, CEO of Funeral 365. “We developed a funeral-
tailored and secure cloud solution for innovative companies like Carriage to centralize and streamline their business

processes.”
This partnership will bring best practices to the funeral industry and provide Carriage with the ability to improve the
experience for families that their businesses serve.
About Carriage Services
Carriage Services (NYSE: CSV) is a leading provider of funeral and cemetery services and merchandise in the United States.
Carriage operates 173 funeral homes in 26 states and 32 cemeteries in 11 states.
About Funeral 365
Funeral 365 is a cloud-based management solution, powered by Microsoft Dynamics 365 Business Central designed to
achieve optimal accessibility and maximum security. A solution built to help simplify and streamline day-to-day business
operations, improve efficiency levels, achieve growth objectives, and deliver the ultimate customer experience. Funeral
365 is with you, every step of the way.
Contact Information:
Carriage Services
Alfred White
Director of Marketing
Tel: (713) 332-8400
Email: [email protected]
Funeral 365
Tel: 1 (833) 606-2365
Email: [email protected]

Carriage Services Announces the Acquisition of Heritage Funeral and Cremation Services and Forest Lawn East Cemetery

HOUSTON, October 25, 2022 (GLOBE NEWSWIRE) — Carriage Services, Inc. (NYSE: CSV)

(“Carriage” or “Carriage Services”) is pleased to announce that it has acquired substantially all the assets of Heritage Funeral and Cremation Services and Forest Lawn East Cemetery (“Heritage”), a business consisting of three stand-alone funeral homes, a cemetery, and a cremation focused business, located in the Charlotte, North Carolina market.

“When we started considering our options for a succession plan, we knew exactly the type of company we had in mind.  We wanted a company that would respect us and what our team had built and would allow us the flexibility to continue operating as we always had to achieve our goals and serve our families.  We were able to find all that and more with Carriage and the transition has been seamless thanks to their approach in blending us into their operation.  I cannot wait to see what the future holds for all of us,” stated Harris High and Carolyn Williams, former owners of Heritage Funeral and Cremation Services and Forest Lawn East Cemetery for the last 25 and 51 years respectively.

“As we have gotten to know Harris and Carolyn, we have had the good fortune to learn more about their passion for Heritage, Forest Lawn East, their community and their team.  We are committed to protecting and building upon that passion and the legacy that they, along with Carolyn’s father, have built over the years.

The addition of Heritage, as a leader serving more than 1,200 families a year in one of the fastest growing markets in the country, aligns well with our focus on partnering with the best remaining independent funeral and cemetery businesses in high growth strategic markets. We are honored that Harris and Carolyn have selected Carriage and we look forward to supporting the Heritage team in the years to come,” stated Steve Metzger, Executive Vice President and Chief Administrative Officer for Carriage Services.

About Carriage Services

Carriage Services is a leading provider of funeral and cemetery services and merchandise in the United States. Carriage operates 173 funeral homes in 26 states and 32 cemeteries in 11 states.  For more information, please contact us at [email protected].

Heritage Funeral Home & Crematory has partnered with Parting Stone–a Santa Fe, N.M.-based start-up pioneering a technology that offers a clean alternative to cremated remains following cremation. Chattanooga and North Georgia families choosing cremation can now receive stone-like solidified remains that can be touched, held and shared.

Solidified remains are now available as an option at Heritage Funeral Home & Crematory, Battlefield Parkway.

“There’s something very special about being able to hold your loved one in the palm of your hand as a smooth stone,” said Ben Friberg, Heritage Funeral Home & Crematory manager. “We’ve heard the experience described as healing, inspiring, calming, and a host of other positive feelings. Perhaps a stone is tossed into a moving river, the ocean, or placed in a forest beneath a favorite tree. There are so many meaningful ways in which a family may decide to return their loved one back to nature.

“Some families choose to incorporate the stones into their daily lives by placing them on bookshelves or in vases. Some families paint the stones and place them in planters or gardens. The ideas are endless.  Imagine a husband and wife’s ashes solidified together to become a single stone.”

The solidification process returns the full amount of cremation remains in a solid and clean form that resembles a collection of polished stones. The average person results in about 40-60 solids ranging in size from thumb-nail up to palm-size. The color of each person’s solidified remains is 100 percent natural and many result in white stones, but some are a hue of blue, green, or another radical variation.

“It is a profound opportunity to live with the remains of our loved ones, but conventional cremated remains make that experience uncomfortable,” says Parting Stone founder and CEO Justin Crowe. “We developed an alternative to conventional cremated remains to help families feel a meaningful connection with their departed. When you choose cremation you no longer have to take home ashes.”

Following the death of his grandfather, Mr. Crowe realized that living with conventional cremated remains can feel uncomfortable, so in many households they often end up hidden in a closet for decades. Parting Stone worked with material scientists at Los Alamos National Laboratory to develop solidified remains to empower families in their grief with a form of remains that can be touched and held.

Parting Stone empowers families in their grief by returning a stone-like form of remains that can be touched and held. Solidified remains are an alternative to ashes.

Heritage Funeral Home & Crematory on Battlefield Parkway offers funeral, cremation, and end of life planning.  Heritage Funeral Home & Crematory in Fort Oglethorpe was founded by the Friberg family and is operated by Russell Friberg’s son, Ben Friberg.

“We’re always looking for meaningful ideas to help families through the grieving process and the element of ‘touch’ is going to be sacred to so many families who choose stone as an alternative to ashes,” said Mr. Friberg. “We’re also proud to own and operate our own crematory on-site. Whether families in the Chattanooga/North Georgia area choose ashes or stones, when they choose our Battlefield Parkway facility, they know that their loved one will never leave the care of our staff, nor will they ever be transferred to a different facility for the cremation process. We believe that every family considering cremation should ask questions regarding a facility’s cremation process, and we are grateful to be able to say, ‘your loved one will never leave our facility nor the care of our staff.’”

HOUSTON, Aug. 08, 2022 (GLOBE NEWSWIRE) — Carriage Services, Inc. (NYSE: CSV)

(“Carriage” or “Carriage Services”) is pleased to announce that it has acquired substantially all the assets of Funeraria San Juan (“San Juan”), a business consisting of two stand-alone funeral homes located in Kissimmee, Florida, 20 minutes south of Orlando.

“When I decided to look for a succession plan, I ended up with several offers and ultimately selected Carriage because of their history, reputation, and because I believe they will take great care of our people. This process has been an extremely smooth one and I am excited to see how San Juan continues to grow with Carriage’s support and leadership,” stated Fred Richardt former owner of San Juan for the past 22 years and prior owner of Florida Mortuary Services for 30 years.

“We are excited to welcome the San Juan team to the Carriage Family and we look forward to supporting the tremendous work they have done in growing their business to serve more than 800 families last year. The addition of San Juan aligns well with our focus on partnering with the best remaining independent funeral and cemetery businesses located in high growth markets with significant upside potential. We are honored that Fred has selected Carriage to continue to build upon the strong foundation that he, Bob Healey, and their team have built,” said Mel Payne, Chief Executive Officer of Carriage Services.

About Carriage Services

Carriage Services is a leading provider of funeral and cemetery services and merchandise in the United States. Carriage operates 169 funeral homes in 26 states and 31 cemeteries in 11 states.

For more information, please contact Ben Brink at 713-332-8441 or email i[email protected]

Cautionary Statement

Certain statements made herein or elsewhere by, or on behalf of, Carriage (the “Company”) that are not historical facts are intended to be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on assumptions that the Company believes are reasonable; however, many important factors, as discussed under “Forward-Looking Statements and Cautionary Statements” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021 and the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2022, could cause the Company’s results in the future to differ materially from the forward-looking statements made herein and in any other documents or oral presentations made by, or on behalf of, the Company. The Company assumes no obligation to update or publicly release any revisions to forward-looking statements made herein or any other forward-looking statements made by, or on behalf of, the Company. A copy of the Company’s Annual Report on Form 10-K, the Company’s Quarterly Reports on Form 10-Q, and other information  about  the  Company  and  news  releases,  are  available at http://www.carriageservices.com.