ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES TERMINATION OF DISTRIBUTION REINVESTMENT PLAN

Executive Summary

• Artis REIT announced the termination of its unitholder distribution reinvestment plan (DRIP) concurrent with the closing of its previously‑announced arrangement with RFA Capital Holdings Inc.
• Under the arrangement, RFA will acquire all outstanding common and preferred units of Artis, expected to close during the week of February 1 2026, subject to customary conditions.
• DRIP participants will receive whole units and fractional cash payments based on the five‑day VWAP prior to payment dates; they are also entitled to the same consideration as other unitholders in the arrangement.

Key Details

• Termination Effective Date: Same day as closing of the Arrangement (anticipated week of Feb 1 2026).
• Acquirer: RFA Capital Holdings Inc. (“RFA”).
• Transaction Scope: Acquisition of 100% of Artis’s outstanding common units and preferred units.
• Consideration to Unitholders: All unitholders, including DRIP participants, will receive the same cash consideration payable in connection with the Arrangement.
• DRIP Suspension History: The plan was suspended on Jan 13 2017 and has not been reinstated.
• DRIP Settlement Mechanics:
• Odyssey Trust Company (plan agent) will record a book entry for each whole unit held under the DRIP.
• Fractional units will be paid in cash based on the five‑day volume‑weighted average closing price of Artis common units on the TSX preceding the payment date.
• Action Required: No action required from DRIP participants to receive their units or fractional payments; those wishing to submit a letter of transmittal for their units may do so with Odyssey Trust Company.
• Contact Information for Inquiries: Samir Manji (President & CEO), Jaclyn Koenig (CFO), Heather Nikkel (SVP – Investor Relations & Sustainability).

Notable Quotes

(No direct quotes were provided in the release.)