Mr. Neil Downey reports

FIRST CAPITAL REIT ANNOUNCES DATE FOR FOURTH QUARTER 2023 RESULTS CONFERENCE CALL AND UPCOMING INVESTOR DAY

First Capital Real Estate Investment Trust will hold the following upcoming investor events.

Fourth quarter 2023 financial results

First Capital invites you to participate at 2 p.m. ET on Wednesday, Feb. 7, 2024, in a live conference call with senior management to discuss financial results for the fourth quarter ended Dec. 31, 2023.

First Capital's financial statements and management discussion and analysis for the fourth quarter will be released prior to the call, and will be available on its website in the investors section and on the Canadian Securities Administrators' website.

Teleconference: You can participate in the live conference by dialling 416-406-0743 or toll-free 1-800- 898-3989 with access code 4055798 followed by the number sign. The call will be accessible for replay until Feb. 14, 2024, by dialling 905-694-9451 or toll-free 1-800-408-3053 with access code 5534134 followed by the number sign.

Webcast: To access the live audio webcast and conference call presentation, please go to First Capital's website. The webcast will be accessible for replay in the investors section of the website.

Investor day

First Capital will hold an investor day on Feb. 21, 2024, in the Grand Banking Hall at One King West Hotel, located at 1 King St. West, Toronto. The sessions will commence at 1:30 p.m. EST.

The investor day will feature presentations from members of First Capital's executive and senior leadership team. The presentations will review First Capital's property portfolio, operating platform and strategy.

A replay of the presentations and related materials will be made available on the company's investor resources page as soon as practicable following investor day at investor resources.

About First Capital Real Estate Investment Trust

First Capital owns, operates and develops grocery-anchored, open-air centres in neighbourhoods with the strongest demographics in Canada.