Crius Energy Trust Announces ISS and Glass Lewis Recommend Voting "FOR" Crius' 2018 Annual & Special Meeting Resolutions

TORONTO, May 22, 2018 /CNW/ - Crius Energy Trust ("Crius" the "Company" or the "Trust") (TSX: KWH.UN) today announced that Institutional Shareholder Services Inc. ("ISS") and Glass Lewis & Co. ("Glass Lewis"), two independent proxy advisory firms, have recommended that unitholders of the Trust ("Unitholders") vote FOR all items of business put before Unitholders at the Company's Annual and Special Meeting of Unitholders (the "Meeting") to be held at the offices of Bennett Jones LLP at Suite 3400, One First Canadian Place, Toronto, Ontario, on May 29, 2018, at 10:00 a.m. (Toronto time).

ISS and Glass Lewis are independent proxy advisory firms that provide proxy voting recommendations to pension funds, investment managers, mutual funds and other institutional investors. Both ISS and Glass Lewis have reviewed the Company's Meeting materials and have recommended Unitholders vote FOR all items at the Meeting, or in advance by proxy.

Unitholders are reminded that the deadline for voting is 10:00 AM (Toronto time) on Friday, May 26, 2018.

HOW TO VOTE

Beneficial Unitholders (those who hold Units through a broker, bank, or other intermediary) should follow the instructions found on their voting instruction form, and can vote as follows:

• By Internet: Vote online at www.proxyvote.com, using the control number located on the voting instruction form (which brokers sent via mail to investors)
• By Telephone: Call the toll-free number listed on the voting instruction form and use the control number listed on the voting instruction form
• By Mail: Complete, date and sign the voting instruction form and return it using the enclosed postage paid envelope

Registered Unitholders (those who hold Units in their name and represented by a physical certificate) may vote:

• By Internet: Vote online at www.investorvote.com, using the control number located on each proxy
• By Telephone: Call 1-866-732-8683 in North America or 1-312-588-4290 outside of North America
• By Mail: Complete, date and sign the proxy and return it using the enclosed postage paid envelope

Unitholders who have questions or have not received their proxy or voting instruction form may contact the Company's Proxy Solicitation Agent:

Laurel Hill Advisory Group
Toll free: 1-877-452-7184 or 416-304-0211 (Collect outside North America)
Email: [email protected]

Uniholders are encouraged to review the Company's management information circular dated April 30, 2018 (the "Circular") which provides details of the Meeting to be held at the offices of Bennett Jones LLP at Suite 3400, One First Canadian Place, Toronto, Ontario, on May 29, 2018, at 10:00 a.m. (Toronto time).

A copy of the Circular and related documents have been mailed to the Company's Unitholders, and can be obtained via SEDAR (www.sedar.com) or by contacting Laurel Hill Advisory Group toll-free at 1-877-452-7184 or at 416-304-0211 or by email at [email protected].

No regulatory authority has approved or disapproved of the information contained in this news release.

About Crius Energy Trust

With approximately 1.4 million residential customer equivalents, the Company provides innovative electricity, natural gas and solar products to residential and commercial customers through exclusive partnerships, direct-to-consumer, digital, and broker marketing channels. Our unique brands offer consumers a broad suite of energy products and services including fixed and variable contracts, renewable energy, and bundled products to support their energy needs beyond what is offered by their local utility. Company growth is achieved organically with customers acquired through our diversified marketing channels and through accretive acquisitions. The Company currently sells energy products in 19 states and the District of Columbia with plans to continue expanding its geographic reach. The Company is well-positioned to deliver capital appreciation and stable distributions to investors.

The Trust intends to continue to qualify as a "mutual fund trust" under the Income Tax Act (Canada) (the "Tax Act"). The Trust will not be a "SIFT trust" (as defined in the Tax Act), provided that the Trust complies at all times with its investment restriction which precludes the Trust from holding any "non-portfolio property" (as defined in the Tax Act). Material information pertaining to Crius may be found on SEDAR under the Trust's issuer profile at www.sedar.com or on the Trust's website at www.criusenergytrust.ca.

SOURCE Crius Energy Trust

Michael Fallquist, Chief Executive Officer, [email protected], [phone]; Roop Bhullar, Chief Financial Officer, [email protected], [phone]; Kelly Castledine, Investor Relations, [email protected], [phone]