Mr. Kelly Hanczyk reports

NEXUS INDUSTRIAL REIT ANNOUNCES SECOND QUARTER RESULTS DATE, AND JULY AND AUGUST DISTRIBUTIONS

Nexus Industrial REIT intends to release its financial results for the second quarter ended June 30, 2025, before the opening of the Toronto Stock Exchange on Tuesday, Aug. 12, 2025.

Management of the REIT will host a conference call at 10 a.m. Eastern Standard Time on Tuesday, Aug. 12, 2025, to review the financial results and operations.

To participate in the conference call, please dial 1-647-846-8414 or 1-833-752-3601 (toll-free in Canada and the United States) at least five minutes prior to the start time and ask to join the Nexus Industrial REIT conference call.

A recording of the conference call will be available until Sept. 12, 2025. To access the recording, please dial 1-412-317-0088 or 1-855-669-9658 (toll-free in Canada and the U.S.) and enter access code 2608098.

July and August distributions

The REIT will make a cash distribution in the amount of 5.333 cents per unit, representing 64 cents per unit on an annualized basis, payable Aug. 15, 2025, to unitholders of record as of July 31, 2025.

The REIT will also make a cash distribution in the amount of 5.333 cents per unit, representing 64 cents per unit on an annualized basis, payable Sept. 15, 2025, to unitholders of record as of Aug. 29, 2025.

About Nexus Industrial REIT

Nexus is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada and the ownership and management of its portfolio of properties. The REIT currently owns a portfolio of 88 properties (including one property held for development in which the REIT has an 80-per-cent interest) comprising approximately 11.7 million square feet of gross leasable area. The REIT has approximately 97,018,000 voting units issued and outstanding, including approximately 71,148,000 REIT units and approximately 25.87 million Class B LP units of subsidiary limited partnerships of Nexus, which are convertible to REIT units on a one-to-one basis.