GO RESIDENTIAL REAL ESTATE INVESTMENT TRUST ANNOUNCES NORMAL COURSE ISSUER BID

Executive Summary

• GO Residential Real Estate Investment Trust announced acceptance of its notice to commence a Normal Course Issuer Bid, allowing repurchase and cancellation of up to 2,643,960 Units (10% of public float).
• The NCIB will run from January 9 2026 until January 8 2027 or until the maximum number of Units is purchased, with daily purchase limits tied to average trading volume.
• The REIT positions the bid as a means to return capital to unitholders and potentially enhance equity interest for remaining shareholders.

Key Details

• Maximum Repurchase: 2,643,960 Units (≈10% of public float as of Dec 31 2025).
• Total Issued & Outstanding Units (Dec 31 2025): 33,396,667 Units.
• NCIB Commencement Date: January 9 2026.
• NCIB Expiration: Earlier of January 8 2027 or when the maximum repurchase amount is reached.
• Daily Purchase Limit: 20,612 Units (based on average daily volume of 82,449 Units from July 31 2025‑Dec 31 2025), except for purchases under TSX block purchase exception.
• Purchase Price: Market price at time of acquisition.
• Automatic Purchase Plan: May be established; allows broker to buy Units per pre‑arranged criteria, including during blackout periods. Plan terminates upon reaching purchase limits, NCIB end date, or as otherwise stipulated.
• Rationale Provided: REIT believes market price may not fully reflect intrinsic value and that the NCIB is a desirable use of funds, returning capital to participating unitholders while potentially benefiting remaining shareholders.
• Insider Participation: No trustees, officers, insiders, or their affiliates currently intend to sell Units to the REIT under the bid.

Notable Quotes

(No direct quotes were included in the release.)