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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.

Carriage Services, Inc. (“Carriage” “Carriage Services” or the “Company”),
today announced the appointment of Kian Granmayeh as Executive Vice
President, Chief Financial Officer and Treasurer, effective March 13,
2023. Prior to joining Carriage, Mr. Granmayeh served as Executive Vice
President and Chief Financial Officer for Tellurian, Inc., a publicly traded
company in the liquefied natural gas sector. He also served in various
investor relations and finance related roles at Apache Corporation,
as well as having served as a Vice President at Lazard Freres & Co.
Mr. Granmayeh graduated from Columbia University with a B.A. in
Neuroscience & Behavior and earned his M.B.A. from Rice University.

In connection with the appointment of Mr. Granmayeh, Mel Payne, Chairman and CEO of Carriage,
issued the following statement:

“I am excited to announce the addition of Kian Granmayeh to the Carriage Team to serve as
our Executive Vice President and Chief Financial Officer. Kian has an impressive background,
ranging from investment banking to prior public company CFO experience. However, what has
impressed me most as I have gotten to know Kian, is his intellectual capacity, thoughtful and
strategic approach, inquisitive nature, and his desire to be a part of a dynamic and collaborative
leadership team that has been purposefully built to drive future growth through a unique, peopledriven
culture, in alignment with our Third Guiding Principle, “Belief In The Power Of People
Through Individual Initiative And Teamwork.”

Kian will serve as the fourth member, and final piece, of our Strategic Vision and Principles Group
(“SVPG”), joining Carlos Quezada, Steve Metzger and me. One of the highest and best uses of
my time will continue to be mentoring, coaching, growing, and developing these three key leaderswho, together, represent my succession plan for the future executive leadership of our Company.”

Kian Granmayeh commented, “I am delighted to join Carriage and a high performing management
team at an exciting time to continue driving
performance and growth.

I look forward to contributing to the success of Carriage and delivering value for the Company and its stakeholders.” Mel Payne continued, “Following a successful left knee replacement surgery on January 16th,
I had a stroke on February 4th. Since then, I have been working hard and making excellent
progress towards returning soon to the office to be with my world class SVPG Team and the
Senior Leadership of Carriage. In the meantime, I continue to collaborate closely with Carlos,
Steve, and now Kian, to ensure we execute our High Performance and Credit Profile Restoration
Plan commitments as we continue to position Carriage for long-term sustainable growth. This is
an exciting time for Carriage and with the addition of Kian, our future has never been brighter and
certainly the “Best Is Yet To Come.”

Cautionary Statement on Forward Looking Statements

This news release contains certain 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. The Company intends such forward-looking statements to be covered by the
safe harbor provisions for forward-looking statements contained in the Private Securities Litigation
Reform Act of 1995. These certain forward-looking statements made herein or elsewhere by, or
on behalf of, the Company are based on assumptions that we believe are reasonable; however,
many important factors, as identified and discussed under “Cautionary Note” and “Risk Factors”
in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022 and other
public filings and press releases, could cause the Company’s results or expectations 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. Investors are cautioned not to
place undue reliance on forward-looking statements, which speak only as of the date hereof. We
undertake no obligation to publicly update or revise any forward-looking statements after the date
they are made, whether as a result of new information, future events or otherwise, except to the
extent required by law. 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

About Carriage Services

Carriage Services (NYSE: CSV) 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 [email protected]

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].