CT Real Estate Investment Trust Announces Election of Trustees

TORONTO, May 11, 2022 /CNW/ - CT Real Estate Investment Trust (the "Trust") (TSX: CRT.UN) announced today that each of the eight trustee nominees listed in the Trust's Management Information Circular dated March 15, 2022 were elected as trustees of the Trust at its Annual Meeting of Unitholders (the "Meeting") held on May 10, 2022. The detailed results of the vote for the election of trustees held at the Meeting are set out below.

On a vote, the following eight nominees were elected as trustees of the Trust by the holders of CT REIT units and holders of CT REIT special voting units (collectively, the "Unitholders"). The Trust received the following votes from the Unitholders with respect to the election of the eight nominees:

Nominee	Votes For	% of  Votes For	Votes Withheld	% of Votes Withheld
Heather Briant	184,539,402	98.03%	3,703,907	1.97%
Gregory Craig	187,986,651	99.86%	256,660	0.14%
David Laidley	187,603,276	99.66%	640,035	0.34%
Anna Martini	187,978,285	99.86%	265,052	0.14%
Dean McCann	188,044,653	99.89%	198,684	0.11%
John O'Bryan	187,988,396	99.86%	254,941	0.14%
Kevin Salsberg	187,803,385	99.77%	439,952	0.23%
Kelly Smith	187,976,936	99.86%	266,401	0.14%

Each of the eight nominees elected will serve on the board of trustees of the Trust until the next annual election of trustees or until their successor is elected or appointed.

About CT Real Estate Investment Trust

CT REIT is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties located primarily in Canada. Its portfolio is comprised of over 350 properties totalling approximately 29 million square feet of GLA, consisting primarily of net lease single-tenant retail properties located across Canada. Canadian Tire Corporation, Limited is CT REIT's most significant tenant. For more information, visit ctreit.com.

SOURCE CT Real Estate Investment Trust (CT REIT)

Media: Joscelyn Dosanjh, 416-845-8392, [email protected]; Investors: Lesley Gibson, 416-480-8566, [email protected]