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Granite REIT Declares Distribution for July 2025

1. Granite declared a distribution of CDN $0.2833 per unit for July 2025. 2. Payment will be made on August 15, 2025, to unitholders of record. 3. No portion of the distribution is U.S. federal tax-effective income. 4. Granite owns 144 investment properties totaling 63.3 million square feet. 5. The information is disclosed under U.S. Treasury regulations.

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FAQ

Why Bullish?

Consistent distributions signal financial stability, likely enhancing investor confidence. Similar announcements have historically led to higher stock prices for REITs.

How important is it?

The announcement of a cash distribution indicates stability and may attract more investors, positively impacting stock performance.

Why Short Term?

Upcoming payment date directly influences unitholder sentiments and stock performance. Immediate follow-ups in stock appreciation may occur around the distribution date.

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- TORONTO--(BUSINESS WIRE)--Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2833 per unit for the month of July 2025. The distribution will be paid by Granite on August 15, 2025 to unitholders of record at the close of trading on July 31, 2025. Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes. A qualified notice providing the breakdown of the sources of the distribution will be issued to the Depository Trust & Clearing Corporation subsequent to the record date of July 31, 2025, pursuant to United States Treasury Regulation Section 1.1446-4. ABOUT GRANITE Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 144 investment properties representing approximately 63.3 million square feet of leasable area. OTHER INFORMATION Copies of financial data and other publicly filed documents about Granite are available through the internet on the Canadian Securities Administrators’ System for Electronic Data Analysis and Retrieval+ (SEDAR+) which can be accessed at www.sedarplus.ca and on the United States Securities and Exchange Commission’s Electronic Data Gathering, Analysis and Retrieval System (EDGAR) which can be accessed at www.sec.gov. For further information, please see our website at www.granitereit.com or contact Teresa Neto, Chief Financial Officer, at 647-925-7560 or Andrea Sanelli, Senior Director, Legal & Investor Services, at 647-925-7504. More News From Granite Real Estate Investment Trust

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