Mr. Kim Lee reports

RIOCAN REAL ESTATE INVESTMENT TRUST SCHEDULES FIRST QUARTER 2024 EARNINGS RELEASE, CONFERENCE CALL AND WEBCAST

RioCan Real Estate Investment Trust is scheduled to release its financial and operational results for the three months ended March 31, 2024, after the market closes on Tuesday, May 7, 2024.

Interested parties are invited to participate in a conference call with management on Wednesday, May 8, 2024 at 10:00 a.m. Eastern time. To access the conference call, click on the following link to register at least ten minutes prior to the scheduled start of the call: Pre-registration link. Participants who pre-register in advance of the call will receive an email with dial-in credentials including login passcode and PIN to gain immediate access to the live call. Those that are unable to pre-register may dial-in for operator assistance by calling 1-833-950-0062 and entering the access code: 616433.

A live webcast will also be available in listen-only mode. Access to the simultaneous webcast is available by selecting this link: RioCan Q1 2024 Webcast.

If you cannot participate in the live mode, a replay will be available for one week following the date of the live conference call. To access the replay, please dial 1-866-813-9403 followed by the access code: 851637.

About RioCan

RioCan is one of Canada's largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at December 31, 2023, our portfolio is comprised of 188 properties with an aggregate net leasable area of approximately 32.6 million square feet (at RioCan's interest) including office, residential rental and nine development properties. To learn more about us, please visit www.riocan.com.