CT Real Estate Investment Trust Announces Election of Trustees

TORONTO, May 10, 2023 /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 9, 2023 were elected as trustees of the Trust at its Annual Meeting of Unitholders (the "Meeting") held on May 9, 2023. 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 proxy votes from the Unitholders with respect to the election of the eight nominees:

Nominee	Proxy Votes For	% of Proxy Votes For	Proxy Votes Withheld	% of Proxy Votes Withheld
Pauline Alimchandani	187,710,659	98.87 %	2,142,469	1.13 %
Heather Briant	187,395,290	98.71 %	2,457,838	1.29 %
Gregory Craig	188,479,664	99.28 %	1,373,464	0.72 %
Anna Martini	189,575,741	99.85 %	277,387	0.15 %
Dean McCann	188,015,111	99.03 %	1,838,017	0.97 %
John O'Bryan	189,600,745	99.87 %	252,383	0.13 %
Kevin Salsberg	189,582,539	99.86 %	270,589	0.14 %
Kelly Smith	189,567,039	99.85 %	286,089	0.15 %

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 370 properties totalling more than 30 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: Jessica Sims, 416-428-1064, [email protected]; Investors: Lesley Gibson, 416-480-8566, [email protected]