Ms. Meaghan Peloso reports

DREAM UNLIMITED CORP.'S INTEREST IN DREAM IMPACT TRUST DEEMED TO HAVE INCREASED

Dream Unlimited Corp. has noted that Dream Asset Management Corp. acquired 137,500 units of Dream Impact Trust in lieu of asset management fees payable to Dream Asset Management pursuant to the management agreement in respect of Dream Impact, representing approximately 0.8 per cent of the issued and outstanding units. Prior to the acquisition, Dream Asset Management and its joint actors owned 6,716,057 units representing approximately 37.0 per cent of the issued and outstanding units and, following the acquisition, Dream Asset Management and its joint actors own 6,853,557 units representing approximately 37.8 per cent of the issued and outstanding units. The units beneficially owned by Dream Asset Management and its joint actors prior to and after the acquisition on Oct. 3, 2024, include 18,856 units that are issuable to Michael J. Cooper, the chief responsible officer of Dream Asset Management, pursuant to the terms of vested deferred trust units owned by Mr. Cooper under the deferred unit incentive plan of MPCT in respect of which Mr. Cooper has elected to defer their issuance but which Mr. Cooper is deemed to beneficially own.

Pursuant to a letter agreement between Dream Asset Management, Dream Impact and Dream Impact Master LP, Dream Asset Management has agreed to accept the delivery of units in satisfaction of the base management fees and acquisition fees payable to Dream Asset Management pursuant to the management agreement for the period from Jan. 1, 2024, to Dec. 31, 2026, in order to increase Dream Asset Management's ownership stake in Dream Impact and to preserve the cash available to Dream Impact. Dream Asset Management intends to evaluate its investment in units on a continuing basis and either may acquire units or decrease its holdings of units in the future. Dream Asset Management is a wholly owned subsidiary of Dream, which is controlled by Mr. Cooper, president and chief responsible officer. Dream Asset Management acts as the asset manager for Dream Impact and Dream Impact Master LP.

This press release is being issued pursuant to the requirements of National Instrument 62-103 -- The Early Warning System and Related Take-Over Bid and Insider Reporting Issues (NI 62-103) of the Canadian Securities Administrators. A copy of the report to be filed by Dream Asset Management in connection with the transactions described herein will be available on Dream Impact's SEDAR+ profile, and can also be obtained by contacting Robert Hughes, general counsel, Dream Unlimited, at 416-365-3535.

Dream Asset Management's head office and Dream Impact's head office are located at suite 301, State Street Financial Centre, 30 Adelaide St. East, Toronto, Ont., M5C 3H1.

About Dream Unlimited Corp.

Dream is a leading developer of exceptional office and residential assets in Toronto, owns stabilized income generating assets in both Canada and the United States, and has an established and successful asset management business, inclusive of $25-billion of assets under management across four Toronto Stock Exchange-listed trusts, its private asset management business and numerous partnerships. Dream Unlimited also develops land, residential and income-generating assets in Western Canada. Dream expects to generate more recurring income in the future as its urban development properties are completed and held for the long term. Dream has a proven record for being innovative and for its ability to source, structure and execute on compelling investment opportunities.