Recipient of the 2024 Corporate Award from the Canadian Foundation for Physically Disabled Persons Each year, the Canadian Foundation for Physically Disabled Persons recognizes organizations that have gone the extra mile to support people with disabilities. KingSett was honoured to receive the 2024 Corporate Award in recognition of our commitment to creating accessible buildings and communities for all. This commitment includes the certification of over 7 million square feet of our properties and over 500 rental apartments under the Rick Hansen Foundation Accessibility Program (“RHFAC”). We believe third-party building certifications such as RHFAC are a credible and consistent way to assess, validate, and communicate the environmental performance and management of our buildings through trusted, verifiable standards. KingSett has adopted the RHFAC standard in our portfolio for many years, helping us identify both areas of strength and opportunities to improve accessibility. By acting on these recommendations, we’re able to create spaces that everyone can enjoy – fostering greater inclusivity in the communities we serve and improving accessibility for all people who come to a KingSett property.

CIB Supports KingSett’s Net-Zero Building Transition With $47 Million Investment The Canada Infrastructure Bank (“CIB”) is supporting KingSett Capital’s efforts to accelerate the reduction of greenhouse gas emissions in buildings across Toronto and Vancouver with a $47 million loan. This funding will enable green retrofits in commercial properties within KingSett’s portfolio. Through this collaboration, KingSett will deliver large-scale energy efficiency and decarbonization upgrades, while also enhancing its ability to pursue further carbon reduction measures. These efforts are a key part of KingSett’s Sustainable Investing Strategy, which includes science-based targets to reduce carbon emissions by 35% by 2027 and 67% by 2035 from our 2019 baseline. CIB’s investment represents a meaningful step toward achieving those goals. “Our $47 million investment with KingSett Capital is an example of how we can work with the private sector to prioritize and accelerate the decarbonization of buildings across the country.” Ehren Cory, Chief Executive Officer, Canada Infrastructure Bank.

A boutique office building located in the heart of the Mink Mile currently home to luxury retailers including Gucci and various office tenants Harry Rosen, a leading luxury menswear retailer, will relocate its Canadian flagship store from its existing Bloor Street location to a new 38,000 square feet retail store at 130 Bloor. The new location will occupy all of the building’s Cumberland Street ground floor retail frontage in addition to 32,000 square feet, which encompasses all of the building’s 2nd and 3rd floors, which are being converted from office to retail space to accommodate the new tenant. This transaction creates substantial long-term value for KingSett’s Canadian Real Estate Income Fund (“CREIF”) by increasing the proportion of the building leased as high street retail from 13% to 31%. Retail rents in Yorkville achieve a premium over office rents and as retail rents will now represent 45% of the building’s revenue, valuation metrics and building liquidity will improve. Harry Rosen’s flagship store will open in Spring 2026, featuring a high energy exterior and interior design with customer-centric experiences throughout the store. This elevated space will house a luxurious client lounge, espresso bar, and a large patio overlooking the Village of Yorkville Park. This new flagship store will be a transformative addition to 130 Bloor, further solidifying Bloor Yorkville as a premium luxury shopping destination and demonstrates how active asset management, relationships and creativity builds asset resilience to deliver sustainable premium risk-weighted returns.

Exclusive 68th floor to include a custom event space, café and bar (Toronto, ON) June 24, 2024 – KingSett Capital announced today that they have partnered with premiere restaurant and event group and caterer Oliver & Bonacini Hospitality (“O&B”) to manage and operate the 20,000-square-foot 68th floor at the top of Scotia Plaza in Toronto’s Financial District. The new space, which is expected to open by June 2025, will include a 10,000-square-foot meeting and event space available to both tenants and outside parties and a 10,000-square-foot exclusive tenant amenity area with incredible views of the city. The northern portion of the floor can be custom-configured to accommodate various event types, such as conferences, town halls, classroom-style learning, corporate social events, and luxurious weddings for up to 250 guests, all of which will be exclusively catered and managed by O&B Catering. The southern portion of the floor, exclusive to the tenants of Scotia Plaza, will offer an upscale café and bar amenity outfitted in warm woods, rich stones, and steel blue accents. This versatile space will play host to everything from morning coffee and breakfast meetings to late afternoon drinks and light bites among colleagues and clients. Located in the heart of Toronto’s Financial District, Scotia Plaza is a Class ‘AAA’ office complex comprised of three integrated buildings and over 2.2 million square feet of space. This complex is home to the global headquarters of Scotiabank and was the first major Zero Carbon – Performance Standard certified commercial building in Canada. Scotia Plaza is owned by KingSett Capital. “We continually strive to improve our assets and provide our tenants with extraordinary work environments,” said William Logar, Chief Asset Management Officer at KingSett Capital. “At Scotia Plaza, we are building on Zero Carbon Certification and other previous improvements to create a best-in-class amenitized space on the top floor. This will provide our tenants with a unique environment to meet their evolving expectations of the workplace. We are excited to partner with the O&B Hospitality Group to create this extraordinary amenity space for everyone at Scotia Plaza.” “We are thrilled to bring our signature brand of hospitality and restaurant-quality food and beverage service, not only to the 68th floor, but to all tenants of Scotia Plaza,” said Andrew Oliver, President and CEO of O&B. “From 0km food delivery to boardrooms for lunch-and-learns to full-service catering for cocktail receptions, this partnership represents real estate as a service. Tenants will be able to enjoy access to all of our amenities, as well as utilize the 68th floor as a best-in-class meeting space and an extension of their offices, to create memorable event and culinary experiences.” The “flight-to-quality” that has dominated office search in recent years is evolving to “flight-to-experience” with occupiers prioritizing office spaces that offer in-building amenities. The new top floor amenitized space at Scotia Plaza has already proven this to be true, with national law firm Miller Thomson LLP citing the addition as an important reason for its renewal of 85,000 square-feet in the building. Kenneth R. Rosenstein, Managing Partner, Toronto at Miller Thomson, said, “We’re excited about the new, high-quality amenities and the benefits they will bring to our lawyers, support services, clients and prospective clients.” About KingSett Capital Founded in 2002, KingSett Capital is a leading Canadian private equity real estate firm that co-invests with institutional and ultra-high net worth clients to deliver sustainable, premium risk-weighted returns. KingSett manages $18 billion in assets across its Growth, Income, Urban, Mortgage, Residential Development and Affordable Housing strategies. In recognition of its commitment to sustainability, KingSett was ranked first globally in the 2023 Global Real Estate Sustainability Benchmark (“GRESB”) Survey for Development in its Residential Non-Listed peer-group and 2nd in the North America Diversified Office/Residential Non-listed peer-group for Standing Investments. As a leader in the industry, KingSett remains dedicated to moving the real estate sector forward and seeking new investment opportunities in a wide range of real estate properties, developments, joint ventures, and mortgage lending. About Oliver & Bonacini Hospitality Founded in 1993 by Peter Oliver and Michael Bonacini, Oliver & Bonacini is recognized as one of Canada’s leading hospitality groups. With locations in Toronto, Montreal, Calgary, Edmonton and Halifax, O&B’s portfolio includes a diverse collection of unique and innovative restaurants, event venues, full-service catering arms, and several strategic partnerships. Media Contacts KingSett Capital David Ryan Managing Director, Edelman Smithfield T: 416 455 1927 E: david.ryan@edelmansmithfield.com O&B Hospitality Rebecca Spence Manager, PR & Communications T: 416 485 8047 Ext: 2248 E: rebecca.spence@oliverbonacini.com

Premium multi-residential complex with 275 new rental units and luxury amenities 77 & 99 Gerrard is a multi-residential property complex directly abutting to 700 Bay, an office building located in the centre of Toronto’s discovery district , just steps away from top hospitals, universities, and the Financial District. The residential complex is comprised of 77 Gerrard, the original residential tower subject to rent control provisions, and 99 Gerrard, the newly developed luxury purpose-built rental tower. KingSett’s Canadian Real Estate Income Fund (“CREIF”) purchased the site comprising of 700 Bay and 77 Gerrard in 2012 due to its intensification potential and subsequently added a 32-storey residential tower at 99 Gerrard and four storeys overtop of and connected into the existing 77 Gerrard tower. 77 Gerrard (except 24th and 25th floors) and 700 Bay remained occupied during the development of 99 Gerrard, maintaining an income stream until project completion in 2020. The new building features a refined design with a transparent, inviting podium, which is visible from the street. With this new development, CREIF added 275 purpose-built rental units and 21,650 square feet of amenity space accessible to residents in both 77 and 99 Gerrard. Amenities include a landscaped rooftop terrace with BBQs and private dining spaces, rooftop dog run, pet spa, fitness centre featuring state-of-the-art equipment, indoor lap pool, and various entertainment spaces. This multi-residential development is an example of KingSett’s ability to identify value creation opportunities and execute throughout the life cycle of the asset.

Project to deliver 386 residential units, daycare space and 6 townhomes KingSett’s Senior Mortgage Fund LP (the “Fund”) recently financed a $110 million construction loan, pari-passu with $50 million from a credit union, for the construction of a 36-storey residential condominium tower including 386 residential units and daycare space. The project also includes six townhomes. The project is 96% pre-sold with 15% of pre-sold revenue secured through purchaser deposits. At this level of pre-sales, the Fund’s loan is expected to be fully repaid without the need for additional sales. Additionally, 89% of the project's hard costs are now fixed by construction contracts, reducing the risk of unexpected budget increases. The Fund’s loan structure is further strengthened by a $34 million subordinate loan from the KingSett High Yield Fund. The Fund is well secured at a 62% loan-to-value ratio with solid interest income at Prime + 2.50% and an upfront lender fee equivalent to 1.0% of the committed loan amount. The project is expected to be completed in Q2 2027, at which point proceeds from pre-sales will fully repay the Fund’s loan. The borrower has more than 25 years of development experience in BC and was previously involved in five other residential projects financed by KingSett where they have proven their ability to execute. About the KingSett Senior Mortgage Fund LP KingSett Senior Mortgage Fund LP is an open-ended fund focused on first mortgage lending. The Fund’s objective is to provide mortgage credit to experienced and financially sound borrowers with high quality real estate assets or projects in the most liquid markets such as Toronto and Vancouver. The loan portfolio is diversified by location, property type and asset class, with a focus on sectors with strong operating fundamentals where demand exceeds supply.

Delivering value to office and retail tenants through flagship retail, office enhancements, and a reimagined street presence Located at the corner of Yonge and Bloor with direct subway access, 2 Bloor West is a Class ‘A’ office tower that recently underwent an extensive repositioning of its podium to create large format flagship retail space on Bloor Street. The building is now home to lululemon’s three-level flagship store and will soon feature SMEG’s first Canadian standalone store. lululemon signed the lease in March 2022, initiating construction for the podium renovation, and opened in June 2024. We collaborated with the retailer to navigate existing building constraints, such as low ceiling heights, and develop creative solutions that satisfied both parties. The finished space features a double-height glass façade and wraparound corner exposure, giving the store a prominent presence to complement its strategic location. The presence of lululemon and the proximity of other high-end brands on Bloor Street made this location desirable for SMEG’s flagship and first standalone store in Canada. The Italian home appliance brand known for their retro-inspired designs is set to open June 2025. In addition to the retail renovations, the office entrance was relocated to Yonge Street. The new lobby features a large video screen displaying rotating art by local artists. The upgrades have generated positive momentum for the building with 140,000 square feet of new and renewal leasing completed in the last 12 months. The retail repositioning demonstrates KingSett’s creativity and commitment to deliver the best experience for both office and retail tenants. With its prominence at street level on Bloor and strong office offerings, 2 Bloor West is well-positioned to be a resilient, long-term asset.

The second Housing Now site to break ground, bringing 1,484 homes, including 520 affordable rental homes, to City’s housing market (Toronto, ON) December 2, 2024 – Greenwin and KingSett Capital, in partnership with the City of Toronto, CreateTO, and Tridel, celebrated the start of construction on a new mixed-use, transit-oriented housing project adjacent to the TTC's Wilson Station that will deliver a total of 1,484 homes including 520 affordable rental homes. The City of Toronto, in partnership with CreateTO, is supporting the delivery of this project through the HousingTO 2020-2030 Action Plan's (“HousingTO Plan”) Housing Now initiative, which makes City-owned lands available to develop affordable rental housing. The site at 50 Wilson Heights Blvd., a former commuter parking lot, is being developed by Greenwin, KingSett Capital, and Tridel. The development will include a mix of studio-to three-bedroom rental homes available to residents of various income levels. In addition to housing, the project will include a childcare centre, community use space, a public park, a new public road and retail space. To advance the City's TransformTO climate action objectives, the development will target the Toronto Green Standard and will be serviced by a geothermal energy supply. Housing Now is a key housing supply program that supports the City's HousingTO Plan target of 65,000 new rent-controlled homes including 41,000 affordable rental, 6,500 rent-geared-to-income (“RGI”) and 17,500 rent-controlled homes by 2030. To date, the City has committed more than $1.3 billion in land value, capital funding and financial incentives to the program, making Housing Now one of the most significant municipal financial investments in housing underway. "Breaking ground at 50 Wilson Heights Blvd. is a milestone for Toronto's housing future. Greenwin is pleased to partner with the City of Toronto, CreateTO, KingSett Capital and Tridel on a property that combines affordable and market housing, vibrant community spaces, and geothermal-powered design. This project reflects our commitment to building inclusive, connected, sustainable neighbourhoods that will benefit Torontonians for years to come," said Kevin Green, President and CEO, Greenwin. "KingSett is a business built on relationships. Nowhere is this more evident than 50 Wilson Heights, where many partners in the private, government and agency sectors will come together at scale to address the challenge of affordable housing in Toronto. Our Affordable Housing Fund is well positioned to meet this ongoing challenge, and I would like to thank all of our partners for their continued support on this and future KingSett Affordable Housing Fund initiatives," said Jeff Thomas, Group Head, Development, KingSett Capital "Our vision for Toronto is to see families live, work and thrive without having to worry about securing affordable rents, accessing transit or finding childcare or green spaces for kids to play. This transit-oriented community brings all of these elements together, creating a sensible and replicable model for city-building. I am so pleased to see this project take flight and share my gratitude to everyone involved in making this a reality," said Mayor Olivia Chow. "Today's groundbreaking of 50 Wilson Heights Blvd. is a major milestone in CreateTO's commitment to addressing Toronto's housing challenges through leveraging City-owned land. By transforming a parking lot into a vibrant, mixed-use neighborhood, we are delivering much-needed housing alongside vital public spaces, community services and amenities. This milestone reflects the strength of public-private collaboration and partnerships in creating sustainable, livable communities that will benefit residents and our neighbourhoods," said Vic Gupta, CEO, CreateTO. About Greenwin Greenwin is one of Ontario's largest privately-owned, full-service property management and development firms. Founded in 1948, Greenwin manages more than $3.3 billion in real estate assets spanning across major urban centres in Central Canada. This portfolio includes more than 1 million square feet of commercial space and nearly 22,000 residential units. Greenwin is committed to investing in people and places to create exceptional, inclusive rental communities - one building at a time. About KingSett Capital Founded in 2002, KingSett Capital is a leading Canadian private equity real estate investment business which creates and co-invests in real estate investment solutions to deliver sustainable premium risk weighted returns. KingSett manages $18 billion in assets across its Growth, Income, Urban, Mortgage, Residential Development and Affordable Housing strategies. About Create TO CreateTO was formed in 2018 as the City of Toronto's real estate agency. The organization brings together stakeholders, partners and community members to ensure the best use of the City's real estate assets for today and tomorrow. CreateTO manages the City's $27 billion real estate portfolio, develops City buildings and lands for municipal purposes and delivers client focused real estate solutions – ensuring a balance of both community and economic benefits to build the city we love. About the City of Toronto Toronto is home to more than three million people whose diversity and experiences make this great city Canada's leading economic engine and one of the world's most diverse and livable cities. As the fourth largest city in North America, Toronto is a global leader in technology, finance, film, music, culture and innovation and climate action, and consistently places at the top of international rankings due to investments championed by its government, residents and businesses. About Tridel Celebrating 90 years of homebuilding, Tridel® is one of Canada's leading developers and builders of condominium residences, building homes since 1934. Tridel is part of the Tridel Group of Companies, which has delivered over 90,000 homes to date. Tridel develops socially and environmentally responsible condominium communities and invests in innovations that promote sustainable design, high performance in construction, social inclusion and cohesion, and community economic development. Tridel currently has more than 20 new communities under development in the Greater Toronto Area. Media Contacts Greenwin Jessica Green Director, Communications T: 416 994 9451 E: jgreen@greenwin.ca KingSett Capital David Ryan Managing Director, Edelman Smithfield T: 416 455 1927 E: david.ryan@edelmansmithfield.com

Project consists of 223 units containing 267 beds and is secured with a 64% loan-to-value ratio KingSett Senior Mortgage Fund LP (the “Fund”) recently provided an $84 million construction loan for an 18-storey purpose-built student residence near the Toronto Metropolitan University. The project consists of 223 units containing 267 beds and is well secured with a 64% loan-to-value ratio. Completion is expected in Q4 2026, at which point the Fund’s loan is expected to be refinanced through CMHC’s MLI Select program, benefiting from the project’s environmental and accessibility features. The Fund’s loan structure is further strengthened by a $17 million subordinate loan from the KingSett High Yield Fund. The building will offer modern student-focused amenities, including collaborative spaces, a gym, an event kitchen and a games room. Underwritten rents align with market rates for similar student housing projects in the area. With an interest rate of Prime + 2.10% and a 1.00% lender’s fee earned upfront on the committed loan amount, the Fund is earning an attractive risk-weighted return. The borrower has over 25 years of real estate investment and development experience. KingSett has financed six prior projects with this developer, including three purpose-built student residences, all of which were completed and refinanced in due course. About the KingSett Senior Mortgage Fund LP KingSett Senior Mortgage Fund LP is an open-ended fund focused on first mortgage lending. The Fund’s objective is to provide mortgage credit to experienced and financially sound borrowers with high quality real estate assets or projects in the most liquid markets such as Toronto and Vancouver. The loan portfolio is diversified by location, property type and asset class, with a focus on sectors with strong operating fundamentals where demand exceeds supply.

Focus on proactive leasing, premium amenities, and zero carbon upgrades Located in the heart of Toronto’s Financial Core, Scotia Plaza is a landmark Class AAA office complex comprised of 2.2 million square feet across three office buildings and concourse retail. Since acquiring an interest in the building in 2016, we have focused on creating a best-in-class tenant experience, investing in a significant capital investment program that includes zero carbon conversion, elevator modernization, food court renovations and lobby and tenant amenity additions. This has driven strong tenant demand and occupancy during ownership. With the renewal and downsizing of Scotiabank in 2022 and the known expiry of Cassels Brock in 2024, we were faced with the challenge of releasing 452,000 square feet of space in challenging market conditions, notably evolving remote work policies and new supply coming into the market. The team responded to these challenges by being proactive, creative and flexible. 24 months later, the team has led the market completing 460,000 square feet of leasing through 19 separate deals at rates ahead of expiry. In Q4 alone, 120,000 square feet of leasing was completed. Scotia Plaza is now 95.9% committed, outperforming the wider Toronto Downtown office market vacancy of 17.8% and the AAA competitive set where vacancy is 7.1%. There are no remaining meaningful known vacancies on the horizon. The leasing velocity and strong occupancy reflect the ongoing trend of tenants upgrading and focusing on core, quality, transit-oriented locations and building amenities and our hands-on active management approach. Both 40 King and 100 Yonge have been Zero Carbon Performance certified, supporting our leasing program and reducing operating costs for our tenants. We also continue to invest in the amenitization of the building and are in the process of building a unique tenant amenity space on the top floor of 40 King. Managed by Oliver & Bonacini, the north portion of the floor will be a fee-generating large format conference and event space that services both corporate functions during the day as well as social events in the evening and on weekends. The south half of the floor will be an amenity space for the exclusive use of Scotia Plaza tenants. It will include a tenant lounge that can be used for remote work, meetings and social events as well as a coffee, pastry and cocktail service from a planned bar area. Upon stabilization, we expect this combined amenity space to earn income in line with current market rents for the space. We have come through this period of elevated leasing, establishing a strong tenant profile for the building, with leases that have market net rents and net effective rents that are ahead of the expiring rents. Overall, we have created $50 million ($19 million at CREIF’s share) of value through cash flow improvements in our appraisals. Looking ahead, with 197,000 square feet of completed leasing commencing in 2026, we will see strong income growth and have budgeted a 50% increase in FFO for Scotia Plaza. Scotia Plaza is a cornerstone of the KingSett Canadian Real Estate Income Fund (“CREIF”) portfolio and represents the Fund’s investment and operating strategy of owning and executing best-in-class, irreplaceable, core real estate in Canada.

Arthur Erickson Place Named after the renowned Canadian architect that designed the building, Arthur Erickson Place (“AEP”) is a 355,000 square feet, 26-storey, Class ‘A’ office building located on public transit in the heart of downtown Vancouver’s Central Business District. KingSett’s Canadian Real Estate Income Fund (“CREIF”) acquired the building in 2019 in partnership with Crestpoint Real Estate Investments and Reliance Properties and received its Zero Carbon Building – Performance certification in 2023. The past 15 months have been focused on addressing a significant leasing challenge, after a key 75,000 square foot tenant moved out in December 2023. With five full floors of vacancy in a challenging market, KingSett turned to its ‘Ready Set Go’ (“RSG”) strategy to support leasing efforts. RSG involves breaking up full floors into smaller suites and building move-in ready furnished spaces for tenants. RSG deals achieve higher rents, shorter downtime and a cost of construction similar to market tenant inducements in Vancouver. The team has since leased 41,000 square feet or 55% of the space to date, including converting one whole floor to six fully leased RSG suites. In addition, a second floor with six RSG suites is currently under construction and targeting completion in August 2025. Two of these suites are conditionally leased and another two have offers. The RSG program has added new tenants and rates that are 20% higher than conventional (non-RSG) leases, all while decreasing single tenant concentration risk and improving asset resilience. In 2023, the culmination of a three-year project, decarbonization was completed and Arthur Erickson Place became KingSett’s first asset outside Toronto to achieve the Zero Carbon Building – Performance Standard certification. The project involved innovative retrofitting, including optimized HVAC controls, new electric boilers, heat pumps and air handling units. The sustainable mechanical upgrades offer efficiency, comfort and control on par with brand new buildings, reduced operating costs for tenants, and will lead to a 97% reduction in carbon emissions from the building by 2026. Since certification, we have completed two deals for 17,000 square feet where decarbonization was a central factor in the decision-making process. Winning assets continue to be differentiated by location, amenities, sustainability initiatives and lease flexibility and the strategic capital investment at Arthur Erickson Place has made the property more competitive in the Vancouver market. The property stands at 88.1% committed today with a path to increase as we finish construction on high-demand RSG suites. Vancouver is the tightest office market in North America and no supply is expected to be added in the foreseeable future, which will drive tenant demand to quality assets such as Arthur Erickson Place.

Atrium joins Enwave’s Deep Lake Water Cooling system, reducing emissions and advancing KingSett’s sustainability and decarbonization strategy Atrium, a 1 million square feet Class A office and retail complex in Toronto, is now connected to Enwave’s Deep Lake Water Cooling (“DLWC”) system, as part of KingSett’s broader sustainability and decarbonization efforts. By using cold water from Lake Ontario, the system provides efficient, low-carbon cooling, significantly reducing the building’s energy use and greenhouse gas emissions. As the largest system of its kind in the world, DLWC serves much of downtown Toronto, including other KingSett-owned properties such as Fairmont Royal York Hotel, 700 Bay St. and 77/99 Gerrard St. This connection supports not only KingSett’s Sustainable Investing Strategy but also contributes to the city’s broader climate action goals by helping lower the carbon footprint of Toronto’s building stock.