Melcor REIT announces appointment of Barry James and Brandon Kot as Melcor REIT Trustees and provides strategic review update - Seite 2

Q1-2024 Annual Results

Melcor REIT results for the first quarter and period ended March 31, 2024 are scheduled to be released on May 8, 2024. Management will host a conference call at 11:00am ET (9:00 am MT) on May 9, 2024.

Conference Call Details:

Canada/USA Toll Free: 1-844-763-8274

International Toll: 1-647-484-8814

Webcast & Replay:

The call will also be webcast (listen only) https://www.gowebcasting.com/13231. A replay of the call will be available at the same URL shortly after the call is concluded.

About Melcor REIT

Melcor REIT is an unincorporated, open-ended real estate investment trust. Melcor REIT owns, acquires, manages and leases quality retail, office and industrial income-generating properties in western Canada. Its portfolio is currently made up of interests in 38 properties representing approximately 3.15 million square feet of gross leasable area located across Alberta and in Regina, Saskatchewan and Kelowna, British Columbia. For more information, please visit www.melcorREIT.ca.

Forward-Looking Information

Certain statements contained in this news release constitute forward-looking information within the meaning of applicable securities laws. In some cases, forward-looking information can be identified by such terms such as "may," "might," "will," "could," "should," "would," "occur," "expect," "plan," "anticipate," "believe," "intend," "estimate," "predict," "potential," "continue," "likely," "schedule," or the negative thereof or other similar expressions concerning matters that are not historical facts. The forward-looking information in this news release includes statements regarding, among others, the REIT’s distribution policy and the Independent Committee’s strategic review process.

The REIT has based these forward-looking statements on factors and assumptions about future events and financial trends that it believes may affect its financial condition, financial performance, business strategy and financial needs. These assumptions include, but are not limited to, those relating to the REIT being able to achieve its operating results and cash flows, interest rates remaining stable or decreasing, the REIT’s properties continuing to perform, and the outcome of potential strategic transaction alternatives.