Crombie Real Estate Investment Trust · TSX:CRR.UN

Crombie Real Estate Investment Trust — Shareholder Meeting (May 2026)

19 slides from Crombie Real Estate Investment Trust's shareholder meeting presentation, May 7, 2026

  1. Slide 1: The Essential REIT Annual General Meeting

    The Essential REIT Annual GeneralMeeting Annual General Meeting|| May 7, 7, 2026 2026

  2. Slide 2: Agenda

    Agenda 1. Introduction & Administrative Matters 2. Election of Trustees for 2026 3. Appointment of Auditor for 2026 4. Remuneration of Auditor 5. Advisory Vote on Executive Compensation 6. Audited Consolidated Financial Statements as at and for the years ended December 31, 2025 and 2024 7. Chair’s a

  3. Slide 3: Cautionary Statements

    Cautionary Statements trailing 12 months adjusted EBITDA, and interest coverage ratio are not measures defined under Generally FORWARD-LOOKING INFORMATION Accepted Accounting Principles (“GAAP”) and do not have standardized meanings prescribed by GAAP. AFFO, FFO, Commercial same-asset property cash

  4. Slide 4: Chair's Remarks

    Chair’s Remarks Jason P. Shannon CHAIR, BOARD OF TRUSTEES COPYRIGHT © CROMBIE REIT OR ITS LICENSORS. ALL RIGHTS RESERVED 2 026 4

  5. Slide 5: CEO's Remarks

    CEO’s Remarks Mark Holly PRESIDENT & CEO COPYRIGHT © CROMBIE REIT OR ITS LICENSORS. ALL RIGHTS RESERVED 2 026 5

  6. Slide 6: Crombie REIT: Evolution Since IPO

    Crombie REIT: Evolution Since IPO Track Record of Disciplined Growth and Operational Excellence March 23rd Initial Public Offer Properties: 260 Properties: 308 Properties: 44 GLA: 17.7M sq. ft. GLA: 18.9M sq. ft. GLA: 7.2M sq. ft. 2006 2010 2015 2023 2025 Crombie becomes a Properties: 304 mid-market

  7. Slide 7: Connecting Communities Across Canada

    Connecting Communities Across Canada BC NL AB 45 SK MN QC 14 60 PE 10 17 ON 43 3 49 NB NS 19 46 Coast-to-coast presence spanning urban hubs to the centre of vibrant communities & towns COPYRIGHT © CROMBIE REIT OR ITS LICENSORS. ALL RIGHTS RESERVED 2 026 7

  8. Slide 8: Strategic Pillars Ensure Stability & Growth

    Strategic Pillars Ensure Stability & Growth Building Together VALUE CREATION A F F O p e r U n i t 1,2 6.7% CAGR $1.20 $1.15 $1.08 $1.10 $1.01 $1.00 OWN & OPERATE OPTIMIZE PARTNER $0.90 2023 2024 2025 SOLID FOUNDATION U n e n c u m b e r e d I n v e s t m e n t P r o p e r t i e s 1,3 +50% $6.0B $3.

  9. Slide 9: Purpose-Driven, Results-Oriented

    Purpose-Driven, Results-Oriented STABILITY OPERATIONAL EXCELLENCE 97.7% 82.9% 7.9 yrs 3.8% 3.7% 6.5% committed of annual minimum weighted average lease property revenue commercial AFFO per unit occupancy1 rent (“AMR”) generated from term (“WALT”)1,2 growth3 same-asset property growth3,4,5 grocery-an

  10. Slide 10: Grocery-Anchored Retail Portfolio with Strategic Complementary Assets

    Grocery-Anchored Retail Portfolio with Strategic Complementary Assets Three of the Most Desirable Asset Classes in Canadian Real Estate1 RETAIL RETAIL-RELATED INDUSTRIAL MIXED-USE RESIDENTIAL $4.8B 15.0M $0.6B 2.5M $0.5B 0.6M FAIR VALUE SQ. FT. FAIR VALUE SQ. FT. FAIR VALUE SQ. FT. SCALE 308 $6.2B 1

  11. Slide 11: Portfolio Activity

    Portfolio Activity Allocating Capital Toward Necessity-based Retail FY 2025 ACQUISITIONS 3 Location Property Type GLA Occupancy1 Springdale, NL Grocery-anchored retail 12,000 100.0% Glace Bay, NS Grocery-anchored retail 55,000 100.0% Barrington Passage, NS Grocery-anchored retail 33,000 100.0% Campb

  12. Slide 12: Consistent Value Creation Through Non-Major Developments

    Consistent Value Creation Through Non-Major Developments Shorter Duration, Reduced Risk FY 2025 NON -MAJOR DEVELOPMENTS Project Estimated GLA Estimated Estimated Cost Type Count on Completion Total Cost to Complete1 Land-use intensification, redevelopment, 1 26,000 $10.7M $8.9M and other Modernizati

  13. Slide 13: Partnering for Responsible Growth

    Partnering for Responsible Growth PROPERTIES– HALIFAX THE MARLSTONE Completion expected in Q2 2026 BARRINGTON STREET Entitlement BRUNSWICK PLACE MONTEZ CORPORATION Entitlement Halifax, N.S. PROPERTIES– VANCOUVER LYNN VALLEY HASTINGS Entitlement Entitlement KINGSWAY WEST & TYNE BROADWAY WESGROUP PROP

  14. Slide 14: Strategic Alignment with Empire

    Strategic Alignment with Empire EMPIRE REPRESENTS1 11.5M1 60.6%2 9.9 years2 90.5% sq. ft. of occupied of AMR generated weighted average remaining Empire of retail properties portfolio GLA by Empire lease term anchored by Empire CAPITALIZING ON STRATEGIC ALIGNMENT ACQUISITIONS LAND-USE MODERNIZATIONS

  15. Slide 15: Well-Positioned Defensive Portfolio with Long-Term Earnings and Cash Flow Stability

    Well-Positioned Defensive Portfolio with Long–Term Earnings and Cash Flow Stability CAPITAL STRUCTURE AS AT DECEMBER 31, 20253 $3.9B3,4 Fair Value of Unencumbered Assets 52.1% 50.7% 43.5% 19.0% $669M3,4 Available Liquidity 48.9% 45.7% 45.5% 3.39X4 45.3% 45.2% 44.6% 43.6% 43.0% Interest Coverage 41.8

  16. Slide 16: 2025 Crombie All Star Awards

    2025 Crombie All Star Awards VICTORIA CLARKE Recoveries Analyst THOUGHT LEADERSHIP KYLE QUIGLEY Manager, Financial Analysis LIVING OUR VALUES TRACY NAUGLER Operations Analyst ESG EXCELLENCE COPYRIGHT © CROMBIE REIT OR ITS LICENSORS. ALL RIGHTS RESERVED 2 026 16

  17. Slide 17: Purpose-Driven, Results-Oriented

    Purpose-Driven, Results-Oriented ENVIRONMENTAL 2026 RECOGNITION CLIMATE LEASING & DESIGN & ACTION OPERATIONS DEVELOPMENT ATLANTIC CANADA’S TOP EMPLOYERS SOCIAL NOVA SCOTIA’S TOP EMPLOYERS DIVERSITY, EQUITY BUILDING & HEALTH, SAFETY & INCLUSION ATTRACTING TALENT & WELL-BEING CANADA’S TOP SMALL & MEDI

  18. Slide 18: 20 Years Public – The Essential REIT

    20 Years Public – The Essential REIT A Foundation for Sustainable Growth COPYRIGHT © CROMBIE REIT OR ITS LICENSORS. ALL RIGHTS RESERVED 2 026 18

  19. Slide 19: Contact Info

    THE ESSENTIAL REIT TSX: CRR.UN Contact Info investing@crombie.ca COPYRIGHT © CROMBIE REIT OR ITS LICENSORS. ALL RIGHTS RESERVED 2 026

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