Ms. Kara Cameron reports

CROMBIE REIT ANNOUNCES REDEMPTION OF $200 MILLION SERIES F UNSECURED NOTES

Crombie Real Estate Investment Trust, pursuant to the trust indenture governing its 3.677 per cent Series F senior unsecured notes due Aug. 26, 2026, has issued a notice of redemption to the registered holders of its Series F notes. The outstanding $200-million aggregate principal amount of these notes will be redeemed, at par plus accrued interest, in full on July 8, 2026, following the closing of the Series N notes offering.

About Crombie Real Estate Investment Trust

Crombie invests in real estate with a vision of enriching communities together by building spaces and value today that leave a positive impact on tomorrow. As one of the country's leading owners, operators and developers of quality real estate assets, Crombie's portfolio primarily includes grocery-anchored retail, retail-related industrial and mixed-use residential properties. As at March 31, 2026, Crombie's portfolio contains 310 properties comprising approximately 19.4 million square feet, inclusive of joint ventures at Crombie's share, and a significant pipeline of future development projects.