CT Real Estate Investment TrustTSX: CRT.UN

Investor Presentation

· Issued by CT Real Estate Investment Trust

Key figures

  • 100% Brand Recognition
  • 12.6M active Triangle Rewards loyalty members
  • Total development costs of $391M 1,2
  • Phase 1 Office retrofit program commenced in Q4 2025, with approximately 22% of the project budget invested to date

On 6ix: 6ix.com/news/ct-real-estate-investment-trust-investor-presentation

INVESTOR PRESENTATION Q3 2026

RELIABLE. DURABLE. GROWING.

Executive Team

Highly experienced with in-depth market knowledge

Kevin Salsberg President & CEO

Lesley Gibson CPA, CA

SVP & CFO

Former EVP and CIO, Plaza Retail REIT Former COO, KEYreit

Former CAO, Choice Properties REIT Former EVP Finance, Primaris Retail REIT

Q3 2026

Jodi Shpigel SVP, Real Estate

Former SVP Development, First Capital REIT

3

Strategic Overview

Investment Highlights

Canada's premier net lease Real Estate Investment Trust

Q3 2026

AFFO/Unit CAGR1,2: 3.8%

NAV/Unit CAGR1: 4.5%

Occupancy Rate3: 99.5%

Annualized base

minimum rent from

Distribution/Unit CAGR1: 3.2%

investment grade tenants:

95.7%

31.9M Sq. Ft.

Irreplaceable National Portfolio

6.7 Years

Long weighted average lease term

1 5-year Compound Annual Growth Rate ("CAGR") for period Q3 2021 - Q3 2026.

2 Non-GAAP ratio. Refer to Disclaimer and Specified Financial Measures in the Appendix of this presentation for more information.

3 Occupancy and other leasing key performance measures have been prepared on a committed basis which includes the impact of existing lease agreements contracted on or before September 30, 2026.

5

Niagara Falls, ON

5

Irreplaceable National Portfolio

Q3 2026

381

TOTAL PROPERTY COUNT

31.9M

SQUARE FEET OF GLA1

1

YUKON

30

9

BRITISH COLUMBIA

NORTHWEST TERRITORIES

2

57

ALBERTA

SASKATCHEWAN

8

MANITOBA

QUEBEC

~$8.0B

FAIR MARKET VALUE

NEWFOUNDLAND AND LABRADOR

146

13 ONTARIO

79 NOVA

SCOTIA

19

15

2

PRINCE

All figures as at September 30, 2026.

1 Excluding Properties Under Development.

NEW BRUNSWICK

EDWARD ISLAND

6

High Quality Portfolio

44% of Base Minimum rent from: Vancouver, Edmonton, Calgary, Toronto, Ottawa and Montreal ("VECTOM")

BY MARKET1,2

% OF ANNUALIZED BASE MINIMUM RENT

BY ASSET TYPE1

% OF TOTAL GLA

Q3 2026

Industrial, 14.3%

4.6M sq.ft.

Retail, 85.7%

27.4M sq.ft.

Toronto, 17.7%

SMALL, 21.0%

MEDIUM, 12.0%

URBAN-VECTOM, 44.0%

Montreal, 11.1%

Calgary, 4.2%

URBAN-Other, 23.0%

Ottawa, 3.5%

Edmonton, 4.7%

Vancouver, 2.8%

All figures as at September 30, 2026.

1 Excludes Development Properties.

2 Urban: Population >100,000; Medium: Population 20,000 - 100,000; Small: Population <20,000.

7

$10.0B

Market Capitalization1

1,625

Retail Locations

$16.7B

Consolidated Revenue from Continuing Operations2

BBB

Investment Grade Rating3

+5.3%

Q3 2026

+13.0%

Consolidated

Q3 2026

Normalized

Revenue4

Diluted EPS4,5

An Exceptional Major Tenant

Canadian Tire Corporation is one of Canada's most admired and trusted companies

  • 100% Brand Recognition

  • Over 100 years in business

  • An iconic and trusted omni-channel retailer with scale and room to grow

  • Resilient business with strong market position in Canada

  • 10 retail banners with over 300 business categories

  • 12.6M active Triangle Rewards loyalty members1

1 As at October 3, 2026.

2 Rolling 12 month revenue from CTC's MD&A - Q4 2025 to Q3 2026.

3 Source: Morningstar DBRS.

4 CTC's Q3 2026 MD&A.

Q3 2026

5 Normalized Diluted Earnings Per Share (Continuing Operations).

Fort St. John, BC 8

Top 10 Tenants1

High quality tenant base

Q3 2026

TENANT

PERCENTAGE OF ANNUALIZED BASE RENT

2

0.58 %

3

0.54 %

0.47 %

5

0.45 %

0.38 %

7

0.36 %

8

0.34 %

9

0.31 %

0.31 %

10

6

4

1 0.64 %

TOTAL 4.38 %

All figures as at September 30, 2026.

1 Excluding Canadian Tire Corporation related tenancies.

9

Long-Term Lease Maturities

One of the longer weighted average lease terms in the sector with well staggered maturities

Q3 2026

Lease Expiry by % of Annualized Minimum Rent and GLA¹

12.5%

11.9%

11.3%

8.6%

8.6%

8.3%

7.5%

6.9%

6.5%

5.6%

3.9%

3.8%

2.1%

1.4%

0.9%

0.2%

14.0% 5.0

12.0%

4.5

4.0

Square Feet (millons)

Annualized Base Minimum Rent

10.0%

3.5

8.0%

6.0%

4.0%

3.0

2.5

2.0

1.5

2.0%

1.0

0.5

0.0%

-

Q4 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41+

Canadian Tire Retail GLA Industrial Properties GLA Other GLA Annualized Base Minimum Rent

1 Excludes Properties Under Development.

Total base minimum rent excludes future contractual escalations.

Occupancy and other leasing key performance measures have been prepared on a committed basis, which includes the impact of lease agreements contracted on or before September 30, 2026, and vacancies as at the end of the reporting period.

Excludes any lease renewal options and termination rights, if any. 10

Strategic Locations

High traffic and transit-oriented locations in growing markets

  • Prime locations in urban centres

  • Dominant positions in secondary markets

Leslie St. & Sheppard Ave., Toronto, ON

Q3 2026

11

Industrial Properties

4.6M square feet of prime warehouse space in Canada's largest markets

Q3 2026

11 Dufferin Place SE

Calgary, AB 201K sq. ft

25 Dufferin Place SE

Calgary, AB 655K sq. ft

5500 Dufferin Blvd. SE1

Calgary, AB 350K sq. ft

8400 Healey Road

Bolton, ON

1.4M sq. ft

50 Boulevard Dupont

Coteau-du-Lac, QC 2.0M sq. ft

1 Certified under the Canada Green Building Council's Zero Carbon Building Design Standard. 12

Dufferin District

Industrial node in southeast Calgary provides critical mass and attractive fundamentals

Q3 2026

13

Growth Strategies

Growth Levers

6.9 years

WEIGHTED AVERAGE REMAINING LEASE TERM1

EMBEDDED ORGANIC GROWTH

Uniquely positioned to leverage relationship with CTC and pursue third party net lease opportunities to complement organic growth

1.5%

ANNUAL RENT ESCALATION1

1 Canadian Tire leases as at September 30, 2026 (on average).

Q3 2026

Vancouver, BC

15

15

Solid Growth Pipeline

Development pipeline highlights meaningful opportunities for future growth

Q3 2026

Ongoing Development By Type1

  • 557,000 square feet of ongoing development activity

  • Total development costs of $391M1,2

    Canada Square Office Retrofit:

  • Phase 1 Office retrofit program commenced in Q4 2025, with approximately 22% of the project budget invested to date

  • Office retrofit program includes: building envelope modernization, base building systems upgrades, curtain wall replacement, interior renovations and elevator modernization

    Retail Intensification, 22%

    Pad Development, 1%

    Redevelopment, 16%

    Canada Square Office Retrofit, 61%

    1 As at September 30, 2026.

    2 Includes the office retrofit project at Canada Square and certain approved pre-development spend, but excludes future phases of the project.

    16

    Case Studies

    Development

    CT REIT has a preferential right to participate in the development of CTC owned properties

    Q3 2026

    • CT REIT is uniquely positioned to participate in the development of Canadian Tire stores and Canadian Tire anchored developments

    • 19 new Canadian Tire stores developed since IPO

      Kingston, ON

      18

      Development

      Repositioning and re-leasing under-managed assets; leveraging strategic relationship

      Q3 2026

      Redevelopment Project: Lloydminster
      • Former store redeveloped into three units for third-party tenants.

      • Fully leased to No Frills, The Brick and Skechers, diversifying the tenant base.

  • Acquired in 2013, comprising approximately 65,000 sq. ft.

  • Canadian Tire relocated to another CT REIT developed property in 2023, creating a redevelopment opportunity.

    19

    Development - Canada Square - Toronto

    Nine-acre mixed-use redevelopment site located on two transit lines at Yonge and Eglinton, one of Toronto's most prominent intersections

    Urban Mixed Use Redevelopment

    Q3 2026

    • Partnership and Investment: Oxford Properties and CT REIT are investing over $200 million to retrofit the office buildings at Canada Square, located in Toronto.

    • Office Lease and Redevelopment: The project includes a new 21-year, 550,000 square foot office lease with CTC and will modernize 680,000 square feet of office space in two towers, increasing occupancy to over 90%.

    • Community and Employee Benefits: The redevelopment adds new employee amenities, retail space, improved streetscape and an upgraded TTC entrance.

    • Long-term Vision: The project is part of a plan to redevelop the area into a mixed-use community with rental housing and

public spaces. 20

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