Mr. Zach Vaughan reports

VITAL INFRASTRUCTURE PROPERTY TRUST COMPLETES $300 MILLION OFFERING OF 4.865% SERIES C SENIOR UNSECURED DEBENTURES

Vital Infrastructure Property Trust has completed its previously announced private placement offering of $300-million aggregate principal amount of 4.865 per cent Series C senior unsecured debentures maturing on Oct. 15, 2029.

The net proceeds from the offering will be used to repay outstanding indebtedness, including the previously announced early redemption of the REIT's outstanding 6.25 per cent Series H convertible unsecured subordinated debentures due Aug. 31, 2027, and for general corporate purposes. The redemption is expected to be completed on Oct. 26, 2026.

The offering was completed through a syndicate of agents co-led by RBC Capital Markets, Bank of Nova Scotia and National Bank of Canada Capital Markets, together with TD Securities, BMO Capital Markets, CIBC Capital Markets and Desjardins Securities. The Series C debentures are rated BBB (low) with a stable trend by Morningstar DBRS.

The Series C debentures were issued at a price of $1,000 per $1,000 principal amount of Series C debentures and are direct senior unsecured obligations of the REIT ranking equally and rateably with one another, and with all other unsecured and unsubordinated indebtedness of the REIT, except to the extent prescribed by law. The Series C debentures were offered on a private placement basis in each of the provinces of Canada in reliance upon exemptions from the prospectus requirements under applicable securities legislation.

About Vital Infrastructure Property Trust

Vital Infrastructure provides investors with access to a portfolio of high-quality international health care real estate infrastructure. As at June 30, 2026, the REIT held interests in a diversified portfolio of 104 income-producing properties totalling 11.1 million square feet of gross leasable area located throughout major markets in North America, Brazil, Europe and Australia. The REIT's portfolio of outpatient, inpatient and other health research facilities is characterized by long-term indexed leases and stable occupancies. Vital Infrastructure leverages its global work force in six countries to serve as a long-term real estate partner to leading health care operators.

We seek Safe Harbor.